Investment analysts at Zacks Research have revised their estimates for Ovintiv Inc.’s Q3 2026 earnings, projecting earnings per share (EPS) of C$1.26, down from an earlier forecast of C$1.28. This update was announced in a research note released on December 29, 2026. The current consensus for Ovintiv’s full-year earnings stands at C$5.66 per share.
In addition to the Q3 2026 estimate, Zacks Research has provided projections for Ovintiv’s upcoming quarters. The anticipated EPS for Q1 2027 is C$1.71, followed by C$1.72 for both Q2 and Q3 2027. The full-year estimate for 2027 is C$7.07.
Ovintiv, listed on the Toronto Stock Exchange under the ticker TSE:OVV, reported its most recent earnings results on November 4, 2026. The company achieved earnings of C$0.57 per share for that quarter, reflecting a return on equity of 19.62% and a net margin of 20.34%. Revenue for the quarter reached C$2.88 billion.
Recent stock performance analyses show a mix of ratings from various research firms. Wells Fargo & Company has upgraded Ovintiv to a “hold” rating as of October 17, 2026, while William Blair has given it a “strong-buy” rating on November 26, 2026. Moreover, Royal Bank of Canada elevated the company’s rating from “hold” to “moderate buy” on October 15, 2026, and Roth Capital also raised it to a “hold” rating on October 13, 2026.
Current consensus ratings from analysts indicate a favorable outlook, with five analysts rating the stock as a “strong buy,” one as a “buy,” and two as “hold.” According to data from MarketBeat, the overall consensus rating for Ovintiv is “buy.”
As of the latest trading session, Ovintiv shares opened at C$53.79. Over the past year, the stock has seen a low of C$42.35 and a high of C$66.67. Key financial ratios include a current ratio of 0.52, a quick ratio of 0.51, and a debt-to-equity ratio of 63.59. The company also has a market capitalization of C$13.62 billion and a price-to-earnings ratio of 57.84.
In a related financial update, Ovintiv has declared a quarterly dividend of $0.30 per share, which was paid on December 31, 2026. Stockholders of record on that date received the dividend, with the ex-dividend date set for December 15, 2026. This dividend equates to an annualized amount of $1.20, resulting in a dividend yield of 2.2%. The company’s current payout ratio is reported at 129.03%.
As the market continues to react to the latest earnings estimates and ratings, Ovintiv remains a focal point for investors interested in the North American exploration and production sector, emphasizing its commitment to generating long-term shareholder value while supporting the communities in which it operates.
