Equities Analysts Set Expectations for Vermilion Energy Inc’s FY2020 Earnings (VET)

Equities Analysts Set Expectations for Vermilion Energy Inc’s FY2020 Earnings (VET)

Vermilion Energy Inc (TSE:VET) (NYSE:VET) – Research analysts at National Bank Financial issued their FY2020 earnings per share estimates for shares of Vermilion Energy in a research note issued on Thursday, April 25th. National Bank Financial analyst T. Wood expects that the company will post earnings per share of $1.63 for the year.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Thursday, February 28th. The company reported C$1.27 EPS for the quarter, beating the consensus estimate of C$0.42 by C$0.85. The firm had revenue of C$456.94 million during the quarter, compared to analysts’ expectations of C$475.56 million.

Other equities research analysts have also recently issued research reports about the stock. Raymond James boosted their target price on shares of Vermilion Energy from C$44.00 to C$45.00 and gave the company a “strong-buy” rating in a report on Friday. TD Securities lowered their target price on shares of Vermilion Energy from C$40.00 to C$39.00 and set a “hold” rating on the stock in a report on Friday. BMO Capital Markets boosted their target price on shares of Vermilion Energy from C$33.00 to C$35.00 in a report on Friday, March 1st. Finally, Canaccord Genuity lowered their target price on shares of Vermilion Energy from C$43.00 to C$41.00 in a report on Friday, March 1st. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Vermilion Energy has an average rating of “Buy” and a consensus target price of C$49.36.
Vermilion Energy stock opened at C$34.60 on Monday. Vermilion Energy has a 12 month low of C$26.67 and a 12 month high of C$49.67. The company has a current ratio of 0.76, a quick ratio of 0.51 and a debt-to-equity ratio of 67.99. The company has a market capitalization of $5.37 billion and a P/E ratio of 18.12.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 15th will be issued a dividend of $0.23 per share. The ex-dividend date is Monday, April 29th. This represents a $2.76 dividend on an annualized basis and a yield of 7.98%. Vermilion Energy’s payout ratio is 142.15%.

Vermilion Energy Company Profile

Vermilion Energy Inc acquires, explores, develops, and produces petroleum and natural gas in Canada, France, the Netherlands, Germany, Ireland, Australia, the United States, and Central and Eastern Europe. It owns 80% interest in 544,500 net acres of developed land and 87% interest in 439,800 net acres of undeveloped land, and 397 net producing natural gas wells and 3,346 net producing oil wells; and 96% interest in 248,900 net acres of developed land and 92% interest in 251,800 net acres of undeveloped land in the Aquitaine and Paris Basins, and 337 net producing oil wells and 2 net producing gas wells.

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