dvn stock price target

Should you buy DVN stock?

Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. One stock to keep an eye on is Devon Energy (DVN). DVN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 12.03, while its industry has an average P/E of 19.41.

What does target price mean in stocks?

Target Price in Stocks

• Target Price Advantage. A target price is an estimate of where an analyst thinks a stock will go. ...
• Target Price Disadvantage. The analysts could be wrong. ...
• Advantage of Starting from the Actual Price. ...
• Disadvantage of Starting from the Actual Price. ...

How much are target stocks?

Target stock price target raised to $353 from $305 at Deutsche Bank Mar. 2, 2022 at 7:53 a.m. ET by Tomi Kilgore Target stock price target raised to $290 from $262 at J.P. Morgan

How much is target stock?

The all-time high Target stock closing price was 266.39 on November 16, 2021. The Target 52-week high stock price is 268.98, which is 16.6% above the current share price. The Target 52-week low stock price is 184.00, which is 20.3% below the current share price. The average Target stock price for the last 52 weeks is 234.98.

How High will DVN Stock GO?

Stock Price Forecast The 29 analysts offering 12-month price forecasts for Devon Energy Corp have a median target of 80.00, with a high estimate of 115.00 and a low estimate of 57.90. The median estimate represents a +38.43% increase from the last price of 57.79.

Is DVN stock a buy?

The consensus among 15 Wall Street analysts covering (NYSE: DVN) stock is to Buy DVN stock.

What IS Devon Energy price Target?

Stock Price TargetHigh$103.00Low$57.90Average$80.44Current Price$53.67

Does DVN pay a dividend?

DVN pays a dividend of $1.27 per share. DVN's annual dividend yield is 4.51%. When is Devon Energy ex-dividend date? Devon Energy's previous ex-dividend date was on Jun 09, 2022.

Is DVN a Buy zacks?

Devon Energy (DVN) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank. Studies have shown that stocks with the best growth features consistently outperform the market.

Is DVN stock a Buy zacks?

Devon Energy Corporation - Buy Zacks' proprietary data indicates that Devon Energy Corporation is currently rated as a Zacks Rank 2 and we are expecting an above average return from the DVN shares relative to the market in the next few months.

Is Devon Energy still a buy?

Devon Energy has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings.

Is Devon Energy a good long term investment?

Currently, Devon Energy Corp's price-earnings ratio is 10.3. Devon Energy Corp's trailing 12-month revenue is $14.0 billion with a 25.4% profit margin. Year-over-year quarterly sales growth most recently was 86.0%. Analysts expect adjusted earnings to reach $9.027 per share for the current fiscal year.

Is Devon oil a good buy?

Devon Energy has a unique portfolio of assets, and we recommend taking advantage with the company's recent share price drop. The company's variable dividend policy means an almost double-digit dividend yield alone. The company has the ability to repurchase shares, pay its dividend, pay down debt, and continue growth.

Which stock has the highest dividend?

9 highest dividend-paying stocks in the S&P 500:AT&T Inc. (T)Williams Cos. Inc. (WMB)Devon Energy Corp. (DVN)Oneok Inc. (OKE)Simon Property Group Inc. (SPG)Kinder Morgan Inc. (KMI)Vornado Realty Trust (VNO)Altria Group Inc. (MO)More items...•

How long has Devon Energy been paying dividends?

Historical dividend payout and yield for Devon Energy (DVN) since 1995. The current TTM dividend payout for Devon Energy (DVN) as of July 26, 2022 is $5.08.

What is the yield on Devon Energy?

DVN Dividend Yield GradeDVNSector Median3 Year Yield on Cost9.43%3.49%5 Year Yield on Cost7.79%3.78%Earnings Yield Non-GAAP (TTM)8.97%9.46%Earnings Yield Non-GAAP (FWD)15.99%12.37%8 more rows•6 days ago

Why should I invest in Devon Energy?

Devon Energy has a unique portfolio of assets, and we recommend taking advantage with the company's recent share price drop. The company's variable dividend policy means an almost double-digit dividend yield alone. The company has the ability to repurchase shares, pay its dividend, pay down debt, and continue growth.

Is Devon Energy a good company?

Is Devon Energy a good company to work for? Devon Energy has an overall rating of 4.0 out of 5, based on over 529 reviews left anonymously by employees. 77% of employees would recommend working at Devon Energy to a friend and 56% have a positive outlook for the business.

Is Devon oil a buy?

Devon Energy's analyst rating consensus is a 'Moderate Buy.

Is the XLE a buy?

As the performance charts we just reviewed make clear, XLE was a very good hedge against surging oil prices for those who invested in it back six months ago, at the end of 2021, even if it wasn't as good an investment as an investment in Exxon Mobil and CVX, the U.S.'s largest oil companies.

Should I buy or sell Devon Energy stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 6 hold rating...

What is Devon Energy's stock price forecast for 2022?

15 Wall Street analysts have issued 12-month price targets for Devon Energy's stock. Their forecasts range from $37.00 to $103.00. On average, they...

How has Devon Energy's stock price performed in 2022?

Devon Energy's stock was trading at $44.05 at the start of the year. Since then, DVN stock has increased by 68.1% and is now trading at $74.06. Vi...

When is Devon Energy's next earnings date?

Devon Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022. View our earnings forecast for Devon En...

How were Devon Energy's earnings last quarter?

Devon Energy Co. (NYSE:DVN) released its quarterly earnings results on Monday, May, 2nd. The energy company reported $1.88 earnings per share for t...

How often does Devon Energy pay dividends? What is the dividend yield for Devon Energy?

Devon Energy declared a quarterly dividend on Monday, May 2nd. Investors of record on Monday, June 13th will be paid a dividend of $1.27 per share...

Is Devon Energy a good dividend stock?

Devon Energy(NYSE:DVN) pays an annual dividend of $4.00 per share and currently has a dividend yield of 5.40%. DVN has a dividend yield higher than...

How will Devon Energy's stock buyback program work?

Devon Energy declared that its Board of Directors has authorized a stock repurchase plan on Monday, May 2nd 2022, which authorizes the company to b...

Who are Devon Energy's key executives?

Devon Energy's management team includes the following people: Mr. David A. Hager , Exec. Chairman (Age 65, Pay $2.68M) Mr. Richard E. Muncrief ,...

Where is Devon Energy located?

What is Vickers Top Buyers and Sellers?

Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base in spread throughout onshore North America with franchise development assets in the Stack and Delaware Basin. Other shale assets include acreage in the Eagle Ford, Powder River Basin, and Barnett. The company also holds oil sands operations in Alberta, Canada. At year-end 2018, Devon's proven reserves totaled 1,927 million barrels of oil equivalent with net production of 535 mboe/d. Oil and natural gas liquids made up 66% of production and 59% of proven reserves.

When will Devon Energy release its earnings?

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

How much does Devon Energy make?

Devon Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021. View our earnings forecast for Devon Energy.

Is Marketbeat better than Devon Energy?

Devon Energy has a market capitalization of $18.04 billion and generates $4.83 billion in revenue each year. The energy company earns $-2,680,000,000.00 in net income (profit) each year or ($0.09) on an earnings per share basis.

Stock Price Forecast

What stocks does MarketBeat like better than Devon Energy? Wall Street analysts have given Devon Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains.

Analyst Recommendations

The 31 analysts offering 12-month price forecasts for Devon Energy Corp have a median target of 60.00, with a high estimate of 70.00 and a low estimate of 47.00. The median estimate represents a +8.60% increase from the last price of 55.25.