In today’s recent session, 2.35 million shares of the Devon Energy Corp (NYSE:DVN) have been traded, and its beta is 1.06. Most recently the company’s share price was $34.50, and it changed around -$0.61 or -1.74% from the last close, which brings the market valuation of the company to $22.15B. DVN at last check was trading at a discount to its 52-week high of $49.07, offering almost -42.23% off that amount. The share price’s 52-week low was $25.89, which indicates that the recent value has risen by an impressive 24.96% since then.

Devon Energy Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.71. If we narrow it down even further, the data shows that 0 out of 28 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 9 recommended DVN as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight.

Devon Energy Corp (NYSE:DVN) trade information

Instantly DVN has been showing red trend so far today with a performance of -1.74% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 35.60 on recent trading dayincreased the stock’s daily price by 3.09%. The company’s shares are currently up 5.40% year-to-date, but still up 5.66% over the last five days. On the other hand, Devon Energy Corp (NYSE:DVN) is 3.29% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $48.5, which translates to bulls needing to increase their stock price by 28.87% from its current value. Analyst projections state that DVN is forecast to be at a low of $40 and a high of $54.

Devon Energy Corp earnings are expected to increase by -20.15% in 2025, but the outlook is positive 4.11% per year for the next five years.

DVN Dividends

Devon Energy Corp’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 2.67 percent and its annual dividend per share was 0.92. It is important to note, however, that the 2.67% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

BLACKROCK INC., with 7.8114% or 48.9 million shares worth $2.32 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.