Denbury (DEN) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Denbury in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DEN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DEN, but not buy additional shares or sell existing shares.
View DEN analyst ratings or view top-rated stocks.

7 Wall Street research analysts have issued 12-month price targets for Denbury's stock. Their DEN share price forecasts range from $73.00 to $112.00. On average, they anticipate the company's stock price to reach $95.50 in the next twelve months. This suggests that the stock has a possible downside of 1.9%.
View analysts price targets for DEN or view top-rated stocks among Wall Street analysts.

Denbury's stock was trading at $87.02 on January 1st, 2023. Since then, DEN shares have increased by 11.8% and is now trading at $97.33.
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Denbury saw a increase in short interest in August. As of August 31st, there was short interest totaling 3,950,000 shares, an increase of 22.7% from the August 15th total of 3,220,000 shares. Based on an average daily trading volume, of 1,440,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 8.0% of the shares of the stock are sold short.
View Denbury's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our DEN earnings forecast.

Denbury Inc. (NYSE:DEN) issued its quarterly earnings data on Thursday, August, 3rd. The company reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by $0.17. The firm earned $328.98 million during the quarter, compared to analyst estimates of $345.83 million. Denbury had a trailing twelve-month return on equity of 19.82% and a net margin of 32.34%. The business's quarterly revenue was down 31.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.69 EPS.

ETFs with the largest weight of Denbury (NYSE:DEN) stock in their portfolio include Horizon Kinetics Energy and Remediation ETF (NVIR), First Trust Merger Arbitrage ETF (MARB), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Alpha Architect U.S. Quantitative Value ETF (QVAL), Invesco Dorsey Wright Energy Momentum ETF (PXI), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH), iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and Avantis U.S. Small Cap Value ETF (AVUV).

Denbury trades on the New York Stock Exchange (NYSE) under the ticker symbol "DEN."

Denbury's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.12%), William Blair Investment Management LLC (4.09%), State Street Corp (3.49%), Third Point LLC (3.29%), Brown Advisory Inc. (2.47%) and Cyrus Capital Partners L.P. (2.38%). Insiders that own company stock include Goldentree Asset Management Lp and Nicole H Jennings.
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Shares of DEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DEN stock can currently be purchased for approximately $97.33.

Denbury (NYSE:DEN) has a market capitalization of $4.95 billion and generates $1.71 billion in revenue each year. The company earns $480.16 million in net income (profit) each year or $8.96 on an earnings per share basis.

The company employs 793 workers across the globe.

Denbury's mailing address is 5320 Legacy Drive, Plano TX, 75024. The official website for the company is www.denbury.com. The company can be reached via phone at 972-673-2000, via email at ir@denbury.com, or via fax at 972-673-2150.