In the latest trading session,, 1.16 million Devon Energy Corp (NYSE:DVN) shares changed hands as the company’s beta touched 1.06. With the company’s most recent per share price at $33.72 changing hands around $0.25 or 0.75% at last look, the market valuation stands at $21.65B. DVN’s current price is a discount, trading about -45.52% off its 52-week high of $49.07. The share price had its 52-week low at $25.89, which suggests the last value was 23.22% up since then.
Analysts gave the Devon Energy Corp (DVN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.71. If we narrow down to specifics, the data shows that 0 out of 18 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 4 recommended DVN as a Hold, 13 felt it is a Buy and 0 rated the stock as Underweight. Devon Energy Corp’s EPS for the current quarter is expected to be 0.88.
Devon Energy Corp (NYSE:DVN) trade information
Instantly DVN is in green as seen in intraday trades today. With action 6.84%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 3.02%, with the 5-day performance at 6.84% in the green. However, in the 30-day time frame, Devon Energy Corp (NYSE:DVN) is 0.51% up.
The consensus price target for the stock as assigned by Wall Street analysts is 48.5, meaning bulls need an upside of 30.47% from its recent market value. According to analyst projections, DVN’s forecast low is 40 with 54 as the target high. To hit the forecast high, the stock’s price needs a -60.14% plunge from its current level, while the stock would need to soar -18.62% for it to hit the projected low.
Devon Energy Corp (DVN) estimates and forecasts
Year-over-year growth is forecast to reach 5.72% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 4B. 5 analysts are of the opinion that Devon Energy Corp’s revenue for the current quarter will be 4.11B. The company’s revenue for the corresponding quarters a year ago was 3.92B and 4.02B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 2.07%. The estimates for the next quarter sales put growth at 2.23%.
The 2025 estimates are for Devon Energy Corp earnings to decrease by -19.68%, but the outlook for the next 5-year period is at 4.28% per year.
DVN Dividends
Devon Energy Corp is expected to release its next quarterly earnings report in July. The 2.67% annual yield figure for the share gives it an annual dividend of 0.90. It is important to note, however, that the 2.67% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.8114% or 48.9 million shares worth $2.32 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 20.46 shares estimated at $687.29 million under it, the former controlled 3.19% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.84% of the shares, roughly 18.25 shares worth around $613.11 million.
