TSE:OVV Ovintiv (OVV) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free OVV Stock Alerts C$68.28 -1.33 (-1.91%) (As of 05/10/2024 ET) Add Compare Share Share Today's RangeC$68.17▼C$70.0250-Day RangeC$66.22▼C$75.9152-Week RangeC$43.23▼C$76.63Volume154,257 shsAverage Volume127,809 shsMarket CapitalizationC$18.36 billionP/E Ratio6.32Dividend Yield2.39%Price TargetC$58.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Ovintiv alerts: Email Address Ovintiv MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside14.3% DownsideC$58.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.74Based on 14 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.54 out of 5 stars 1.3 Analyst's Opinion Consensus RatingOvintiv has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageOvintiv has only been the subject of 2 research reports in the past 90 days.Read more about Ovintiv's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for OVV. Previous Next 1.7 Dividend Strength Dividend YieldOvintiv pays a meaningful dividend of 2.34%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthOvintiv does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ovintiv is 15.09%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Ovintiv's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OVV. Previous Next 2.6 News and Social Media Coverage News SentimentOvintiv has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Ovintiv this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for OVV on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ovintiv insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.46% of the stock of Ovintiv is held by insiders.Percentage Held by Institutions82.71% of the stock of Ovintiv is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ovintiv's insider trading history. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Ovintiv is 6.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Ovintiv is 6.32, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 118.23.Price to Earnings Growth RatioOvintiv has a PEG Ratio of 0.05. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioOvintiv has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Ovintiv's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About Ovintiv Stock (TSE:OVV)Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. In addition, the company's upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.Read More OVV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OVV Stock News HeadlinesMay 9, 2024 | finance.yahoo.comOvintiv Inc. (NYSE:OVV) Q1 2024 Earnings Call TranscriptMay 9, 2024 | finance.yahoo.comOvintiv First Quarter 2024 Earnings: Misses ExpectationsMay 11, 2024 | Priority Gold (Ad)The 2024 Gold Rush: Unleashing Market PotentialWelcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.May 9, 2024 | americanbankingnews.comOvintiv Inc. (TSE:OVV) to Post Q2 2024 Earnings of $2.09 Per Share, Seaport Res Ptn ForecastsMay 9, 2024 | finance.yahoo.comOvintiv Inc (OVV) Q1 2024 Earnings Call Transcript Highlights: Strong Financial Performance and ...May 8, 2024 | seekingalpha.comOvintiv, Inc. (OVV) Q1 2024 Earnings Call TranscriptMay 8, 2024 | finanznachrichten.deOvintiv Inc.: Ovintiv Reports First Quarter 2024 Financial and Operating ResultsMay 7, 2024 | finance.yahoo.comOvintiv Inc. (OVV) Surpasses Analyst Net Income Estimates in Q1 2024May 11, 2024 | Priority Gold (Ad)The 2024 Gold Rush: Unleashing Market PotentialWelcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.April 29, 2024 | uk.finance.yahoo.comDIAC : ‘’2023 ESEF Annual Financial Report’’April 29, 2024 | uk.style.yahoo.comFisker starts new round of layoffs to 'preserve cash'April 28, 2024 | finance.yahoo.comWith 82% institutional ownership, Ovintiv Inc. (NYSE:OVV) is a favorite amongst the big gunsApril 27, 2024 | markets.businessinsider.comOvintiv (OVV) Receives a Rating Update from a Top AnalystApril 20, 2024 | nasdaq.comValidea Detailed Fundamental Analysis - OVVApril 18, 2024 | nasdaq.comOvintiv (OVV) Price Target Increased by 5.95% to 61.59April 12, 2024 | markets.businessinsider.comBuy Rating Affirmed for Ovintiv on Enhanced Productivity and Sustainable Returns StrategyApril 11, 2024 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In Ovintiv Inc.'s (NYSE:OVV) Stock?April 3, 2024 | msn.comStock winners of Republican policy if Trump wins - GSMarch 25, 2024 | finance.yahoo.comOvintiv (NYSE:OVV) Might Have The Makings Of A Multi-BaggerMarch 16, 2024 | investing.comOvintiv EVP sells shares worth over $3.8 millionMarch 15, 2024 | benzinga.comInsider Transaction: Ellen Renee Zemljak Sells $4.39M Worth Of Ovintiv SharesMarch 14, 2024 | finance.yahoo.comInsider Sell: EVP, Midstream, Marketing & Fundamentals Renee Zemljak Sells 76,264 Shares of ...March 14, 2024 | finance.yahoo.comOVV Jun 2024 20.000 callMarch 14, 2024 | finance.yahoo.comOVV Jul 2024 37.000 putMarch 9, 2024 | finance.yahoo.comOvintiv (NYSE:OVV) Could Be A Buy For Its Upcoming DividendFebruary 29, 2024 | markets.businessinsider.comBuy Rating Affirmed for Ovintiv on Strong Earnings and Operational ExcellenceFebruary 29, 2024 | finance.yahoo.comOvintiv Inc. (NYSE:OVV) Q4 2023 Earnings Call TranscriptSee More Headlines Receive OVV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ovintiv and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Today5/10/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)7/25/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolTSE:OVV CUSIPN/A CIKN/A Webwww.ovintiv.com Phone303-623-2300FaxN/AEmployees1,743Year FoundedN/APrice Target and Rating Average Stock Price TargetC$58.50 High Stock Price TargetC$68.00 Low Stock Price TargetC$49.00 Potential Upside/Downside-14.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$10.80 Trailing P/E Ratio6.32 Forward P/E Ratio8.40 P/E Growth0.05Net IncomeC$2.08 billion Net Margins19.56% Pretax MarginN/A Return on Equity23.09% Return on Assets10.50% Debt Debt-to-Equity Ratio64.45 Current Ratio0.60 Quick Ratio0.51 Sales & Book Value Annual SalesC$10.66 billion Price / Sales1.72 Cash FlowC$0.07 per share Price / Cash Flow921.25 Book ValueC$38.17 per share Price / Book1.79Miscellaneous Outstanding Shares268,950,000Free FloatN/AMarket CapC$18.36 billion OptionableNot Optionable Beta2.69 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Brendan Michael McCracken (Age 48)President, CEO & Director Comp: $5.56MMr. Corey Douglas Code (Age 50)Executive VP & CFO Comp: $2.35MMr. Gregory Dean Givens (Age 50)Executive VP & COO Comp: $2.81MMs. Meghan Nicole Eilers (Age 42)Executive VP, General Counsel & Corporate Secretary Comp: $1.67MMs. Renee E. Zemljak (Age 59)Senior Advisor Comp: $1.9MMr. Stephen Carter Campbell (Age 55)Senior Vice President of Investor Relations Ms. Rachel Maureen Moore CHRP (Age 52)Executive Vice President of Corporate Services Comp: $1.12MMore ExecutivesKey CompetitorsARC ResourcesTSE:ARXTourmaline OilTSE:TOUMEG EnergyTSE:MEGCrescent Point EnergyTSE:CPGStrathcona ResourcesTSE:SCRView All Competitors OVV Stock Analysis - Frequently Asked Questions Should I buy or sell Ovintiv stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ovintiv in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OVV shares. View OVV analyst ratings or view top-rated stocks. What is Ovintiv's stock price target for 2024? 2 Wall Street research analysts have issued 1-year price targets for Ovintiv's shares. Their OVV share price targets range from C$49.00 to C$68.00. On average, they predict the company's share price to reach C$58.50 in the next twelve months. This suggests that the stock has a possible downside of 14.3%. View analysts price targets for OVV or view top-rated stocks among Wall Street analysts. How have OVV shares performed in 2024? Ovintiv's stock was trading at C$58.16 on January 1st, 2024. Since then, OVV shares have increased by 17.4% and is now trading at C$68.28. View the best growth stocks for 2024 here. When is Ovintiv's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our OVV earnings forecast. How were Ovintiv's earnings last quarter? Ovintiv Inc. (TSE:OVV) released its earnings results on Tuesday, February, 27th. The company reported $3.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.61 by $0.59. The company earned $4.31 billion during the quarter, compared to analyst estimates of $3.69 billion. Ovintiv had a trailing twelve-month return on equity of 23.09% and a net margin of 19.56%. How often does Ovintiv pay dividends? What is the dividend yield for Ovintiv? Ovintiv declared a quarterly dividend on Tuesday, May 7th. Stockholders of record on Friday, June 14th will be given a dividend of 0.413 per share on Friday, June 28th. This represents a $1.65 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend is Friday, June 14th. This is a positive change from the stock's previous quarterly dividend of C$0.40. Read our dividend analysis for OVV. Is Ovintiv a good dividend stock? Ovintiv (TSE:OVV) pays an annual dividend of C$1.63 per share and currently has a dividend yield of 2.34%. The dividend payout ratio is 15.09%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for OVV. What other stocks do shareholders of Ovintiv own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ovintiv investors own include Canadian Natural Resources (CNQ), Toronto-Dominion Bank (TD), BlackBerry (BB), Enbridge (ENB), Suncor Energy (SU), Tourmaline Oil (TOU), Whitecap Resources (WCP), Birchcliff Energy (BIR), Bank of Montreal (BMO) and Bank of Nova Scotia (BNS). How do I buy shares of Ovintiv? Shares of OVV stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:OVV) was last updated on 5/11/2024 by MarketBeat.com Staff From Our PartnersThe Crypto 9-5 Escape PlanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeHow Biden has already won 2024Porter & CompanyForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ovintiv Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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