$0.09 EPS Expected for Vermilion Energy Inc (VET) This Quarter

Equities research analysts predict that Vermilion Energy Inc (NYSE:VET) (TSE:VET) will report earnings of $0.09 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Vermilion Energy’s earnings. Vermilion Energy reported earnings of ($0.02) per share in the same quarter last year, which would indicate a positive year over year growth rate of 550%. The firm is expected to issue its next quarterly earnings results on Monday, February 26th.

On average, analysts expect that Vermilion Energy will report full-year earnings of $0.50 per share for the current year, with EPS estimates ranging from $0.43 to $0.57. For the next year, analysts anticipate that the business will post earnings of $0.72 per share, with EPS estimates ranging from $0.65 to $0.79. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Vermilion Energy.

Several equities research analysts recently commented on VET shares. BidaskClub upgraded Vermilion Energy from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Zacks Investment Research upgraded Vermilion Energy from a “hold” rating to a “strong-buy” rating and set a $39.00 price target on the stock in a report on Wednesday, September 13th. Scotiabank reiterated a “buy” rating and issued a $52.50 price target on shares of Vermilion Energy in a report on Tuesday, October 10th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $52.00 price target on shares of Vermilion Energy in a report on Monday, October 30th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $47.83.

Shares of Vermilion Energy (NYSE VET) traded up $1.42 during trading on Monday, hitting $35.81. The company had a trading volume of 234,127 shares, compared to its average volume of 150,406. Vermilion Energy has a 52 week low of $29.91 and a 52 week high of $43.81. The company has a current ratio of 0.77, a quick ratio of 0.72 and a debt-to-equity ratio of 0.84. The company has a market cap of $4,044.98, a price-to-earnings ratio of 83.03 and a beta of 0.56.

The company also recently declared a monthly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be issued a $0.1672 dividend. The ex-dividend date is Thursday, December 28th. This represents a $2.01 annualized dividend and a yield of 5.60%. Vermilion Energy’s payout ratio is currently 666.67%.

A number of large investors have recently made changes to their positions in the business. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Vermilion Energy by 9.5% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,550,100 shares of the oil and gas company’s stock worth $233,052,000 after acquiring an additional 569,180 shares in the last quarter. Sterling Capital Management LLC boosted its holdings in Vermilion Energy by 50.7% in the third quarter. Sterling Capital Management LLC now owns 10,400 shares of the oil and gas company’s stock worth $370,000 after acquiring an additional 3,500 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in Vermilion Energy in the third quarter worth approximately $379,000. Bank of Nova Scotia Trust Co. boosted its holdings in Vermilion Energy by 42.3% in the third quarter. Bank of Nova Scotia Trust Co. now owns 260,581 shares of the oil and gas company’s stock worth $9,271,000 after acquiring an additional 77,480 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in Vermilion Energy by 9.2% in the third quarter. Oppenheimer Asset Management Inc. now owns 97,441 shares of the oil and gas company’s stock worth $3,467,000 after acquiring an additional 8,236 shares in the last quarter. Institutional investors and hedge funds own 54.18% of the company’s stock.

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