Denbury Inc. (NYSE:DEN) – Inventory analysts at Cash One particular Financial boosted their Q1 2022 earnings per share estimates for Denbury in a notice issued to investors on Wednesday, February 2nd. Funds One particular Financial analyst R. Tullis now expects that the business will generate $1.36 per share for the quarter, up from their earlier estimate of $1.25. Cash One Fiscal also issued estimates for Denbury’s Q4 2022 earnings at $1.72 EPS.
A variety of other analysts have also a short while ago weighed in on DEN. Financial institution of The us assumed coverage on Denbury in a study report on Monday, January 10th. They issued a “neutral” score and a $92.00 cost focus on for the corporation. Zacks Financial investment Analysis lower Denbury from a “purchase” rating to a “keep” score in a research report on Thursday, January 27th. Wolfe Analysis assumed protection on Denbury in a research report on Tuesday, December 14th. They set an “outperform” rating and a $117.00 value aim for the company. Tudor Pickering assumed coverage on Denbury in a investigation report on Tuesday, November 23rd. They set a “invest in” score and a $109.00 rate objective for the firm. Last but not least, Tudor, Pickering, Holt & Co. assumed protection on Denbury in a study report on Tuesday, November 23rd. They set a “acquire” rating for the firm. Three study analysts have rated the inventory with a hold rating and seven have specified a acquire rating to the stock. In accordance to MarketBeat.com, the inventory has a consensus score of “Acquire” and a consensus price target of $95.97.
Shares of NYSE:DEN opened at $73.57 on Friday. Denbury has a fifty-two week very low of $31.83 and a fifty-two week significant of $91.30. The organization has a 50-working day transferring ordinary of $76.42 and a two-hundred day shifting typical of $74.16. The stock has a sector capitalization of $3.69 billion, a P/E ratio of -29.91 and a beta of 3.42. Denbury (NYSE:DEN) last introduced its quarterly earnings results on Thursday, November 4th. The organization noted $.74 earnings for every share for the quarter, topping analysts’ consensus estimates of $.59 by $.15. Denbury experienced a good return on equity of 12.51{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a damaging net margin of 10.80{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The corporation had earnings of $343.74 million throughout the quarter, as opposed to analysts’ expectations of $269.57 million.
Hey, Tim Sykes here… and if you really do not know how to place these vintage investing patterns… then seize my totally free Book proper now… Furthermore, I’ll share my #1 rule for trading Penny Shares.
Institutional investors and hedge money have lately modified their holdings of the stock. Dim Forest Cash Management LP amplified its stake in Denbury by 885.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the 3rd quarter. Darkish Forest Capital Administration LP now owns 601 shares of the firm’s inventory valued at $42,000 following obtaining an further 540 shares through the time period. CWM LLC purchased a new stake in shares of Denbury in the 4th quarter valued at around $66,000. Ellevest Inc. acquired a new stake in shares of Denbury in the 3rd quarter valued at about $69,000. Shell Asset Management Co. purchased a new stake in shares of Denbury in the 2nd quarter valued at close to $138,000. Finally, Xponance Inc. acquired a new stake in shares of Denbury in the 2nd quarter valued at somewhere around $212,000.
About Denbury
Denbury Inc, an independent electrical power enterprise, focuses on developing oil from experienced oil fields in the Gulf Coast and Rocky Mountain regions. The enterprise holds passions in many oil and natural fuel houses situated in Mississippi, Texas, and Louisiana in the Gulf Coast location and in Montana, North Dakota, and Wyoming in the Rocky Mountain region.
Featured Tale: What is Expense of Financial debt?
This instantaneous news warn was created by narrative science know-how and economical data from MarketBeat in purchase to present audience with the fastest and most correct reporting. This story was reviewed by MarketBeat’s editorial group prior to publication. Be sure to ship any thoughts or opinions about this story to [email protected]
Must you devote $1,000 in Denbury ideal now?
In advance of you take into consideration Denbury, you will want to listen to this.
MarketBeat retains monitor of Wall Street’s major-rated and greatest doing exploration analysts and the stocks they advise to their shoppers on a day by day basis. MarketBeat has determined the 5 shares that best analysts are quietly whispering to their consumers to acquire now just before the broader sector catches on… and Denbury wasn’t on the listing.
Even though Denbury now has a “Invest in” rating amongst analysts, top rated-rated analysts believe these five shares are superior buys.
Perspective The 5 Stocks Right here
