devon energy stock forecast zacks

The results topped Wall Street expectations. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. DVN has a Growth Style Score of A, forecasting year-over-year earnings growth of 140.5% for the current fiscal year. Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. The average price. Featuring daily . Raymond James raised their price objective on shares of Devon Energy from $80.00 to $85.00 and gave the stock a "strong-buy" rating in a report on Wednesday, August 17th. Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. Devon Energy Corporation (DVN) Is a Trending Stock: Facts to Know Before Betting on It. The fund owned 5,142,553 shares of the energy company's stock after purchasing an additional 87,037 shares during the period. The Zacks Consensus Estimate has changed -1.1% over. Coterra Energy - CTRA Stock Forecast, Price & News $30.06 -0.63 (-2.05%) (As of 09/13/2022 12:00 AM ET) Today's Range $29.96 $30.89 50-Day Range $25.32 $31.51 52-Week Range $18.39 $36.55 Volume 4.87 million shs Average Volume 9.80 million shs Market Capitalization $23.92 billion P/E Ratio 8.35 Dividend Yield 1.96% Price Target $33.67 Profile The company's oil and gas. See Top Rated MarketRank Stocks Here For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Volume has increased on the last day by 401 thousand . Devon Energy Corporation (DVN) : Free Stock Analysis Report Novavax, Inc. (NVAX) : Free Stock Analysis Report . Devon Energy currently has a Zacks Rank of #3 (Hold). Meanwhile, the Dow gained 0.3% . DVN also boasts an average. 3 min read. . Sep 03 / MotleyFool . Amount of Analyst Coverage Devon Energy has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. The 60 analysts offering price forecasts for Devon Energy have a median target of 56.79, with a high estimate of 102.00 and a low estimate of 13.00. This combination positions Devon Energy well for outperformance, so growth investors may want to bet on it. Devon Energy Corporation based in Oklahoma City is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. The British bank raised its CAD forecast for fiscal year ending March 2023 to 3.8% of India's GDP from its earlier estimate of 3.0%--higher than the assessments of peers Morgan Stanley . Growth investors focus on stocks that are seeing above-average financial . During the last trading day the stock fluctuated 4.19% from a day low at $68.57 to a day high of $71.44. ET by Tomi Kilgore Energy Devon Energy's Chief Is a Trendsetter in Emphasizing Shareholder Returns In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according . Economic headwinds persist making these dividend stock picks worth adding to your portfolio. Devon Energy is expected to post earnings of $2.29 per share for the current quarter, representing a year-over-year change of +281.7%. In other Devon Energy news, EVP Dennis C. Cameron sold 4,537 shares of Devon Energy stock in a transaction dated Tuesday, July 5th. The stock is up 18.67% in the past month. The Devon Energy stock prediction results are shown below and presented as a graph, table and text information. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it . The price has fallen in 7 of the last 10 days and is down by -6.84% for this period. Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to . Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma. Meanwhile, the S&P 500 is down 14.79% year-to-date, although it rallied 3.66% the week ended September 8, and gapped 1 . These results would represent year-over-year changes of +162.04% and +64.2%,. Devon Energy shares have increased 48% since the beginning of the year, while the S&P's 500 index has increased 11%. Year-to-date, Devon has advanced 64.20%, boosted more recently by a small uptrend in August, just as the broader market was declining. Therefore, it is wise to. Zacks Investment Research is releasing its prediction for DVN based on the 1-3 month trading system that nearly triples the S&P 500. Find the latest Devon Energy Corporation (DVN) stock quote, history, news and other vital information to help you with your stock trading and investing. Four analysts surveyed by Zacks expected $2.21 billion. The 13 analysts offering 12-month price forecasts for Petroleo Brasileiro SA Petrobras have a median target of 17.00, with a high estimate of 19.50 and a low estimate of 13. . Devon Energy Corp. () Stock Market info Recommendations: Buy or sell Devon Energy stock? Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma. Devon Energy is a Zacks #1 (Strong Buy) . Devon Energy, carrying a Zacks Rank #2 (Buy), is the top-performing energy stock with a gain of 166.4%. On a per-share basis, the Oklahoma City-based company said it had profit of $2.93. Raw Stochastic average of Devon Energy Corporation in the period of last 50 days is set at 84.44%. In fact, some of the major gainers of the S&P 500 this year include energy-related names like Marathon Oil, Occidental Petroleum, Diamondback Energy, EOG Resources and Devon Energy. The minimum target price for Devon Energy analysts is $ 79.25. It operates approximately 5,134 gross wells. ET on Zacks.com This Unstoppable Dividend Stock Gets Even Better With a New LNG Deal. Devon Energy reported revenues of $3.81 billion in the last reported quarter, representing a year-over-year change of +116.4%. It operates approximately 5,134 gross wells. Devon Energy Corporation (DVN) Is a Trending Stock: Facts to Know Before Betting on It Sep. 9, 2022 at 9:00 a.m. Zacks Premium provides lots of different ways to do both. Devon Energy Corporation (DVN) Is a Trending Stock: Facts to Know Before Betting on It Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Based on short-term price targets offered by 17 analysts, the average price target for Devon Energy comes to $77.18. It operates approximately 5,134 gross wells. Devon Energy (DVN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release Zacks.com 4 days ago Devon Energy Corp. stock rises Thursday, outperforms market MarketWatch 1 day ago Devon. Simon . Earnings, adjusted for non-recurring gains, were $2.59 per share. Analyst Forecast. In the medium term (3months), DVN's stock price should underperform the market by -6.60%. Devon Energy reported revenues of $5.63 billion in the last reported quarter, representing a year-over-year change of +132.8%. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Devon Energy share forecasts, stock quote and buy / sell signals below.According to present data Devon Energy's DVN shares and potentially its market environment have been in bearish cycle last 12 months (if exists). DVN stock forecast Our latest prediction for Devon Energy Corp.'s stock price was made on the Feb. 22, 2021 when the stock price was at 21.25$.. Meanwhile, note that the median DVN forecast . For the Devon Energy Corp. forecast (traded under symbol DVN) for one year forward price target at the top of this page, we have presented the average DVN forecast for forward target price across the 17 analysts covering DVN, as reported in data provided by Zacks Investment Research via Quandl.com. Over the last 30 days, the Zacks Consensus Estimate has. Why Devon Energy Stock Surged 12% in August. August 1, 2022 OKLAHOMA CITY (AP) _ Devon Energy Corp. (DVN) on Monday reported second-quarter profit of $1.93 billion. Neuberger Berman Group [] Today 200 Day Moving Average is the support level (57.85 . The company's. Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $1.97 to $8.77 per share. The Devon stock price fell by -2.98% on the last day (Tuesday, 13th Sep 2022) from $71.19 to $69.07. Zacks News Devon Energy Corporation based in Oklahoma City is an independent energy company engaged primarily in the exploration, development and production of oil and natural gas. This past Monday, DVN reported second-quarter 2022 adjusted earnings of $2.59 per share, beating the Zacks Consensus Estimate of $2.38 by 8.8%. The oil and gas exploration company posted revenue of $1.76 billion in the period, missing Street forecasts. Get Devon Energy Corp (DVN:NYSE) real-time stock quotes, news, price and financial information from CNBC. Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. Devon Energy (DVN) closed at $60.85 in the latest trading session, marking a +0.83% move from the prior day. According to 36 analysts, the average rating for EOG stock is "Buy." The 12-month stock price forecast is 148.87, which is an increase of 21.12% from the latest price. DVN's full-year Zacks Consensus Estimates are calling for earnings of $9.25 per share and revenue of $19.57 billion. Devon Energy stock forecasts are adjusted once a day based on the closing price of the previous trading day. Zacks' proprietary data indicates that Devon Energy Corporation is currently rated as a Zacks Rank 3 and we are expecting an inline return from the DVN shares relative to the market in the next few. Forecasts Financials Shareholders Competitors Stock Price Forecast The 29 analysts offering 12-month price forecasts for Diamondback Energy Inc have a median target of 175.00, with a high estimate. For the current quarter, Devon Energy is expected to post earnings of $2.31 per share, indicating a change of +285% from the year-ago quarter. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma. Devon Energy Corporation (DVN) Is a Trending Stock: Facts to Know Before Betting on It Zacks - Fri Sep 9, 8:00AM CDT. IDEX stock hit a 2022 high of $1.44 in early January and a low of $0.87 later in the same month. In 2021 its stock price ranged from 88 cents to $5.53. According to analysts' consensus price target of $75.41, Devon Energy has a forecasted upside of 4.1% from its current price of $72.45. DVN : 71.19 (+3.91%) Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Devon Energy stock forecast Fifteen analysts forecast the average price in 12 months at $15.79 with a high forecast of $21.00 and a low. Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. DVN has a dividend yield of 5.10% and paid $3.60 per share in the past year. Click here - the DVN analysis is free The Price and Consensus. DVN has a Growth Style Score of A, forecasting year-over-year earnings growth of 157.8% for the current fiscal year. However, the stock is still down over 60% so far this year. What are analysts forecasts for Devon Energy stock? Seven analysts revised their earnings estimate upwards in the last 60 days for. Henry Hub natural gas prices surged another 6.6% on Wednesday and are up 63% in the third quarter despite limited LNG cargoes from the US as a result of a fire at the Freeport export terminal . . Its average gain has been a stellar +25% per year. Consequently, some of the biggest casualties of the S&P 500 included energy-related names like Devon Energy, Pioneer Natural Resources, Schlumberger and Halliburton. In an interview with Capital.com, Vinod Jain, senior analyst at Aite-Novarica Group, said "the stock could see more volatility due to its current price point". Eight analysts revised their earnings estimate upwards in the last 60 days for. 26, 2022 at 7:28 a.m. In the short term (2weeks), DVN's stock price should underperform the market by -2.45%.During that period the price should oscillate between -8.53% and +6.66%.. Devon Energy ( DVN ): This energy giant pays a hybrid dividend that yields more than 10%. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. The next ex-dividend date is Sep 9, 2022. Dividend Yield 5.10% Annual Dividend $3.60 Ex-Dividend Date Sep 9, 2022 Payout Frequency Unspecified Payout Ratio 45.50% Dividend Growth 146.58% Dividend History Export [Read more.] Meanwhile, the only energy representative in the 30-stock Dow Jones industrial average, Chevron, carrying a Zacks Rank of #3 (Hold) was down 2.81%. In terms of valuation, Devon Energy is currently trading at a Forward P/E ratio of 8.9. DVN : 71.19 (+3.91%) Devon Energy, Pioneer Natural Resources, Coterra Energy, Diamondback Energy, and EOG Resources are part of Zacks Value Trader Blog. Within the last quarter, Devon Energy (NYSE:DVN) has observed the following analyst ratings: These 19 analysts have an average price target of $88.11 versus the current price of Devon Energy at . energy stocks, as represented by an exchange-traded fund (etf) the energy select sector spdr etf ( xle )have dramatically outperformed the broader market, posting a total return of 61.2% over the. Devon Energy stock price target cut to $80 from $102 at Raymond James Jul. The payout is based on the company's second-quarter strong . The stock was sold at an average price of $53.55, for a total . EPS of $1.88 for the same period compares with $0.45 a year ago.. The median. See these high-potential stocks free >>. Stock Price Forecast. Zacks. Sep 09 / Zacks.com - Paid Partner Content. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it . Neuberger Berman Group LLC grew its holdings in Devon Energy Co. (NYSE:DVN - Get Rating) by 1.7% during the 1st quarter, according to the company in its most recent filing with the SEC. EPS of $2.59 for the same period compares with $0.60 a year ago.. Stock Price Forecast The 26 analysts offering 12-month price forecasts for Devon Energy Corp have a median target of 78.00, with a high estimate of 115.00 and a low estimate of 57.90. This move outpaced the S&P 500's daily gain of 0.81%. Also during the same report, the Devon Energy Corp. board of directors declared a fixed-plus-variable dividend of $1.55 per share. Interesting DVN Stock Options Our YieldBoost Rank identified these particular DVN options as interesting ones to study: June 2024 $40.00 Strike PUT 8.73% Annualized YieldBoost 41.61% Out-of-the-money January 2023 $80.00 Strike CALL 17.82% Annualized YieldBoost 16.77% Out-of-the-money Large DVN Holders This valuation marks a premium compared to its. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. Marathon is the top-performing energy stock with a gain of 57.87%, followed by Occidental (54.25%), Diamondback (52.48%), EOG (46.46%) and Devon (42.46%). The forecasts range from a low of $42.00 to a high of $115.00. Devon Energy, Pioneer Natural Resources, Coterra Energy, Diamondback Energy, and EOG Resources are part of Zacks Value Trader Blog. In the last 20 days, the company's Stochastic %K was 58.59% and its Stochastic %D was recorded 58.06%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 70.36%. As far as companies within the index are concerned, oil stocks like Devon Energy, Marathon Oil, Diamondback Energy, ConocoPhillips and EOG Resources have done well so far this year. Devon Energy Corporation (DVN) Is a Trending Stock: Facts to Know Before Betting on It Zacks - Fri Sep 9, 8:00AM CDT Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Shares closed at $71.20 Monday, up $2.69 or 3.93%.

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