Devon Energy Corp (NYSE:DVN) has a beta value of 1.10 and has seen 1.18 million shares traded in the recent trading session. The company, currently valued at $21.10B, closed the recent trade at $32.85 per share which meant it lost -$0.35 on the day or -1.04% during that session. The DVN stock price is -49.38% off its 52-week high price of $49.07 and 21.19% above the 52-week low of $25.89. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.32 million shares traded. The 3-month trading volume is 8.27 million shares.
The consensus among analysts is that Devon Energy Corp (DVN) is Buy stock at the moment, with a recommendation rating of 1.69. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 4 out of 18 have rated it as a Hold, with 13 advising it as a Buy. 0 have rated the stock as Underweight.
Devon Energy Corp (NYSE:DVN) trade information
Sporting -1.04% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DVN stock price touched $32.85 or saw a rise of 6.22%. Year-to-date, Devon Energy Corp shares have moved -28.83%, while the 5-day performance has seen it change -5.91%. Over the past 30 days, the shares of Devon Energy Corp (NYSE:DVN) have changed -4.30%. Short interest in the company has seen 16.83 million shares shorted with days to cover at 2.19.
Wall Street analysts have a consensus price target for the stock at $48.5, which means that the shares’ value could jump 32.27% from the levels at last check today.. The projected low price target is $40.0 while the price target rests at a high of $54.0. In that case, then, we find that the latest price level in today’s session is -64.38% off the targeted high while a plunge would see the stock gain -21.77% from the levels at last check today..
Devon Energy Corp (DVN) estimates and forecasts
The company’s shares have lost -8.71% over the past 6 months.
Earnings growth for 2025 is a modest -17.72% while over the next 5 years, the company’s earnings are expected to increase by 3.83%.
DVN Dividends
Devon Energy Corp is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.92 at a share yield of 2.80%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 5.18%.
Devon Energy Corp (NYSE:DVN)’s Major holders
Insiders own 0.82% of the company shares, while shares held by institutions stand at 77.63% with a share float percentage of 78.27%. Investors are also buoyed by the number of investors in a company, with Devon Energy Corp having a total of 1515.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 75.71 million shares worth more than $3.59 billion. As of 2024-06-30, VANGUARD GROUP INC held 12.0939% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 48.9 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.32 billion and represent 7.8114% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Mar 31, 2025 , the former fund manager holds about 3.19% shares in the company for having 20.46 shares of worth $666.33 million while later fund manager owns 18.25 shares of worth $594.41 million as of Mar 31, 2025 , which makes it owner of about 2.84% of company’s outstanding stock.
