Analysts Set Vermilion Energy Inc. (TSE:VET) Price Target at C$19.36

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been assigned an average recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is C$19.36.

Several analysts recently weighed in on VET shares. JPMorgan Chase & Co. decreased their price target on Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. TD Securities decreased their price target on Vermilion Energy from C$20.00 to C$18.00 in a report on Tuesday, October 1st. National Bankshares decreased their price target on Vermilion Energy from C$23.00 to C$17.00 in a report on Friday, September 27th. Canaccord Genuity Group decreased their price target on Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, Royal Bank of Canada reduced their target price on Vermilion Energy from C$20.00 to C$17.00 in a research note on Tuesday, September 17th.

Insider Activity

In other news, Director Myron Maurice Stadnyk purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, August 21st. The shares were purchased at an average price of C$13.54 per share, for a total transaction of C$67,700.00. Insiders own 0.16% of the company’s stock.

Vermilion Energy Stock Down 0.4 %

TSE VET opened at C$13.97 on Monday. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. The company has a market capitalization of C$2.18 billion, a P/E ratio of -2.73, a P/E/G ratio of -0.02 and a beta of 2.60. Vermilion Energy has a one year low of C$11.87 and a one year high of C$18.37. The stock has a 50 day moving average price of C$13.32 and a 200-day moving average price of C$14.51.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. The firm had revenue of C$490.10 million for the quarter, compared to the consensus estimate of C$497.45 million. As a group, equities analysts predict that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.12 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 annualized dividend and a dividend yield of 3.44%. Vermilion Energy’s dividend payout ratio is currently -9.39%.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.