Vermilion Energy Inc. (TSE:VET) Receives C$21.54 Average PT from Analysts

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have received a consensus rating of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$21.54.

A number of brokerages have weighed in on VET. ATB Capital dropped their target price on shares of Vermilion Energy from C$27.00 to C$23.00 and set an “outperform” rating on the stock in a report on Thursday, January 18th. Stifel Nicolaus increased their price objective on shares of Vermilion Energy from C$20.25 to C$22.00 and gave the stock a “buy” rating in a research note on Tuesday, April 23rd. CIBC decreased their target price on Vermilion Energy from C$26.00 to C$22.00 and set a “neutral” rating for the company in a research note on Tuesday, January 16th. Raymond James dropped their price target on Vermilion Energy from C$26.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Friday, January 19th. Finally, TD Securities raised Vermilion Energy from a “hold” rating to a “buy” rating and raised their price target for the stock from C$18.00 to C$20.00 in a report on Wednesday, March 27th.

Insiders Place Their Bets

In related news, Director Robert B. Michaleski acquired 10,000 shares of Vermilion Energy stock in a transaction that occurred on Monday, March 11th. The stock was acquired at an average price of C$14.94 per share, with a total value of C$149,400.00. In related news, Director Robert B. Michaleski acquired 10,000 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were acquired at an average price of C$14.94 per share, for a total transaction of C$149,400.00. Also, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total value of C$825,000.00. 0.15% of the stock is currently owned by insiders.

Vermilion Energy Stock Up 0.4 %

Shares of Vermilion Energy stock opened at C$16.52 on Thursday. The company has a quick ratio of 0.40, a current ratio of 1.18 and a debt-to-equity ratio of 31.93. The business has a 50-day moving average price of C$15.98 and a 200 day moving average price of C$16.49. Vermilion Energy has a fifty-two week low of C$13.30 and a fifty-two week high of C$21.60. The firm has a market cap of C$2.68 billion, a P/E ratio of -11.39, a P/E/G ratio of -0.02 and a beta of 2.71.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Wednesday, March 6th. The company reported C$1.30 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.71 by C$0.59. The business had revenue of C$522.97 million during the quarter, compared to the consensus estimate of C$593.34 million. Vermilion Energy had a negative return on equity of 7.39% and a negative net margin of 12.98%. On average, sell-side analysts forecast that Vermilion Energy will post 1.8666667 earnings per share for the current fiscal year.

Vermilion Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.48 annualized dividend and a yield of 2.91%. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.10. Vermilion Energy’s payout ratio is presently -33.10%.

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.