Vermilion Energy Inc. (TSE:VET) Receives C$21.71 Average Target Price from Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has received a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$21.71.

VET has been the subject of a number of analyst reports. Desjardins increased their target price on shares of Vermilion Energy from C$20.00 to C$21.00 and gave the stock a “buy” rating in a report on Tuesday, April 23rd. National Bankshares raised their price objective on shares of Vermilion Energy from C$21.00 to C$22.00 and gave the stock an “outperform” rating in a report on Friday, April 19th. Royal Bank of Canada raised their price objective on shares of Vermilion Energy from C$20.00 to C$21.00 in a report on Tuesday, April 9th. BMO Capital Markets set a C$21.00 price objective on shares of Vermilion Energy and gave the stock an “outperform” rating in a report on Tuesday, May 14th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Vermilion Energy from C$23.00 to C$21.00 and set an “overweight” rating for the company in a report on Friday, March 8th.

Insider Activity at Vermilion Energy

In other Vermilion Energy news, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of Vermilion Energy stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of C$16.50, for a total value of C$825,000.00. In other news, Director Myron Maurice Stadnyk bought 3,000 shares of the stock in a transaction that occurred on Tuesday, March 26th. The shares were bought at an average price of C$16.10 per share, for a total transaction of C$48,300.00. Also, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of Vermilion Energy stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of C$16.50, for a total transaction of C$825,000.00. Insiders bought 18,000 shares of company stock valued at $279,945 over the last 90 days. Corporate insiders own 0.15% of the company’s stock.

Vermilion Energy Stock Performance

Vermilion Energy stock opened at C$16.77 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.40 and a debt-to-equity ratio of 32.27. The firm has a 50-day moving average of C$16.47 and a 200-day moving average of C$16.01. The firm has a market cap of C$2.68 billion, a P/E ratio of -4.44, a P/E/G ratio of -0.02 and a beta of 2.73. Vermilion Energy has a 1-year low of C$13.30 and a 1-year high of C$21.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, May 1st. The company reported C$0.01 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.08 by C($1.07). The firm had revenue of C$508.04 million for the quarter. Vermilion Energy had a negative return on equity of 18.21% and a negative net margin of 34.11%. Sell-side analysts expect that Vermilion Energy will post 1.6153082 EPS for the current year.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.86%. The ex-dividend date is Friday, June 28th. Vermilion Energy’s dividend payout ratio (DPR) is currently -12.70%.

Vermilion Energy Company Profile

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.