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 announced 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 0.72%. The ex-dividend date of this dividend is Thursday, September 13th. View Devon Energy's Dividend History.

Devon Energy announced that its Board of Directors has approved a stock buyback plan on Wednesday, June 6th 2018, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 14.6% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.

Devon Energy Corp (NYSE:DVN) issued 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 analysts' expectations of $3.85 billion. Devon Energy had a return on equity of 5.68% and a net margin of 4.49%. Devon Energy's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.07 EPS. 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 brokers have issued 1 year price targets for Devon Energy's shares. Their predictions range from $35.00 to $68.00. On average, they expect Devon Energy's share price to reach $47.05 in the next twelve months. This suggests a possible upside of 6.4% 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), Sasol (SSL), WOODSIDE Pet Lt/ADR (WOPEY), Continental Resources (CLR) and Concho Resources (CXO).

News stories about DVN stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Devon Energy earned a coverage optimism score of 0.21 on Accern's scale. They also assigned headlines about the energy company an impact score of 46.14 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Devon Energy's stock is owned by a number of of retail and institutional investors. Top institutional investors include 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%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%) and State of Alaska Department of Revenue (0.01%). 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., Stonebridge Capital Management Inc., Gateway Investment Advisers LLC, Reliance Trust Co. of Delaware, Thompson Rubinstein Investment Management Inc. OR and Cerebellum GP LLC. 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 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, Fjarde AP Fonden Fourth Swedish National Pension Fund and First Citizens Bank & Trust Co.. 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 $44.21.

Devon Energy has a market capitalization of $23.41 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]