NYSE:DVN - Devon Energy Stock Price, Price Target & More

Devon Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DVN."

Devon Energy declared a quarterly dividend on Wednesday, June 6th. Shareholders of record on Friday, September 14th will be paid a dividend of $0.08 per share on Friday, September 28th. This represents a $0.32 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend is Thursday, September 13th. View Devon Energy's Dividend History.

Devon Energy declared that its board has approved a stock buyback plan on Wednesday, June 6th 2018, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 14.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

Devon Energy Corp (NYSE:DVN) announced its quarterly earnings results on Tuesday, May, 1st. The energy company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. The energy company had revenue of $3.81 billion for the quarter, compared to the consensus estimate of $3.85 billion. Devon Energy had a return on equity of 5.68% and a net margin of 4.49%. Devon Energy's revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.07 earnings per share. View Devon Energy's Earnings History.

Devon Energy is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Devon Energy.

26 equities research analysts have issued 12 month target prices for Devon Energy's shares. Their forecasts range from $35.00 to $68.00. On average, they anticipate Devon Energy's stock price to reach $47.05 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Ratings for Devon Energy.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Devon Energy in the last year. There are currently 8 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Devon Energy include CNOOC (CEO), EOG Resources (EOG), PETROLEO BRASIL/ADR (PBR), ENI (E), Occidental Petroleum (OXY), PETROLEO BRASIL/RED PFD sh (PBR.A), Canadian Natural Resource (CNQ), Ecopetrol (EC), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR) and Concho Resources (CXO).

News headlines about DVN stock have been trending somewhat negative recently, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Devon Energy earned a daily sentiment score of -0.02 on Accern's scale. They also assigned headlines about the energy company an impact score of 45.24 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Devon Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.10%), Scout Investments Inc. (0.08%), Gulf International Bank UK Ltd (0.03%), NN Investment Partners Holdings N.V. (0.03%), Thompson Investment Management Inc. (0.02%) and Calamos Advisors LLC (0.02%). Company insiders that own Devon Energy stock include John E Bethancourt, Lyndon C Taylor, Robert A Mosbacher Jr and Robert H Henry. View Institutional Ownership Trends for Devon Energy.

DVN stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., NN Investment Partners Holdings N.V., Thompson Investment Management Inc., Calamos Advisors LLC, Stonebridge Capital Management Inc., Gateway Investment Advisers LLC, Reliance Trust Co. of Delaware and Thompson Rubinstein Investment Management Inc. OR. Company insiders that have sold Devon Energy company stock in the last year include Lyndon C Taylor and Robert H Henry. View Insider Buying and Selling for Devon Energy.

DVN stock was purchased by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, CENTRAL TRUST Co, New England Research & Management Inc., Gulf International Bank UK Ltd, IFM Investors Pty Ltd, State of Alaska Department of Revenue, DnB Asset Management AS and Fjarde AP Fonden Fourth Swedish National Pension Fund. View Insider Buying and Selling for Devon Energy.

Shares of DVN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of DVN stock can currently be purchased for approximately $44.08.

Devon Energy has a market capitalization of $23.14 billion and generates $13.95 billion in revenue each year. The energy company earns $898 million in net income (profit) each year or $0.63 on an earnings per share basis. Devon Energy employs 4,900 workers across the globe.

Devon Energy's mailing address is 333 WEST SHERIDAN AVENUE, OKLAHOMA CITY OK, 73102. The energy company can be reached via phone at 405-235-3611 or via email at [email protected]