Denbury Inc (DEN) Forecast, Price Target & Analyst Ratings
NYSE:DEN • US24790A1016
88.66 USD
-0.23 (-0.26%)
At close: Nov 1, 2023
88.6615 USD
0 (0%)
After Hours: 11/1/2023, 8:18:39 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Denbury Inc (DEN).
Forecast Snapshot
Consensus Price Target
$92.57
+ 4.40% Upside
Next Earnings Forecast
Release DateFeb 21, 2024
PeriodQ3 / 2023
EPS Estimate$1.43
Revenue Estimate357.44M
ChartMill Buy Consensus
69.09%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$92.57
Upside
+ 4.40%
From current price of $88.66 to mean target of $92.57, Based on 11 analyst forecasts
Low
$73.73
Median
$93.84
High
$107.10
Price Target Revisions
1 Month
-3.57%
3 Months
-4.77%
Price Target Summary
11 Wall Street analysts provided a forecast for the next 12 months for DEN. The average price target is 92.57 USD. This implies a price increase of 4.4% is expected in the next year compared to the current price of 88.66.
The average price target has been revised downward by 4.77% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
69.09%
DEN was analyzed by 11 analysts. The buy percentage consensus is at 69. So analysts seem to be have mildly positive about DEN.
In the previous month the buy percentage consensus was at a similar level.
DEN was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-08-28 | Jefferies | Downgrade | Buy -> Hold |
| 2023-08-17 | Keybanc | Downgrade | Overweight -> Sector Weight |
| 2023-08-11 | Stifel | Maintains | Hold -> Hold |
| 2023-07-25 | Capital One | Downgrade | Overweight -> Equal-Weight |
| 2023-07-24 | Stifel | Downgrade | Buy -> Hold |
| 2023-07-21 | Johnson Rice | Downgrade | Accumulate -> Hold |
| 2023-06-15 | JP Morgan | Initiate | Neutral |
| 2023-04-27 | Stifel | Maintains | Buy |
| 2023-03-30 | Stifel | Maintains | Buy |
| 2022-12-15 | B of A Securities | Initiate | Underperform |
| 2022-11-22 | Roth Capital | Upgrade | Neutral -> Buy |
| 2022-10-25 | Roth Capital | Downgrade | Buy -> Neutral |
| 2022-10-20 | Stifel | Reiterate | Buy |
| 2022-10-19 | Jefferies | Initiate | Buy |
| 2022-09-20 | Keybanc | Initiate | Overweight |
| 2022-07-19 | B of A Securities | Downgrade | Neutral -> Underperform |
| 2022-05-10 | Citigroup | Initiate | Buy |
| 2022-02-18 | Roth Capital | Upgrade | Neutral -> Buy |
| 2022-01-20 | Keybanc | Maintains | Overweight |
| 2022-01-10 | B of A Securities | Initiate | Neutral |
| 2021-12-14 | Wolfe Research | Initiate | Outperform |
| 2021-11-23 | Tudor Pickering | Initiate | Buy |
| 2021-11-10 | Keybanc | Maintains | Overweight |
| 2021-11-03 | Keybanc | Maintains | Overweight |
| 2021-10-19 | Keybanc | Maintains | Overweight |
Next Earnings Forecast Details
Next Earnings Details
Release DateFeb 21, 2024
PeriodQ3 / 2023
EPS Estimate$1.43
Revenue Estimate357.44M
Revenue Q2Q-18.67%
EPS Q2Q-24.68%
Number of Analysts11
Next Earnings Revisions
Revenue (1 Month)
1.14%
Revenue (3 Months)
0.70%
EPS (1 Month)
1.66%
EPS (3 Months)
5.35%
Next Earnings Summary
DEN is expected to report earnings on 2/21/2024. The consensus EPS estimate for the next earnings is 1.43 USD and the consensus revenue estimate is 357.44M USD.
The next earnings revenue estimate has been revised upward by 0.7% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 750.7M -41.12% | 1.258B 67.60% | 1.715B 36.28% | 1.418B -17.30% | 1.555B 9.66% | 1.478B -4.95% | N/A | |
| EBITDA YoY % growth | 174.5M -69.35% | 578.9M 231.75% | 889.2M 53.60% | 608.14M -31.61% | 706.23M 16.13% | 737.91M 4.49% | 1.024B 38.77% | |
| EBIT YoY % growth | -59.9M -117.85% | 428.3M 815.03% | 737.8M 72.26% | 397.6M -46.11% | 473.49M 19.09% | 369.66M -21.93% | N/A | |
| Operating Margin | -7.98% | 34.04% | 43.03% | 28.04% | 30.45% | 25.01% | N/A | |
| EPS YoY % growth | N/A -140.15% | 2.55 1,687.89% | 6.76 165.10% | 5.48 -18.87% | 6.56 19.62% | 6.87 4.77% | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 1.43 -24.68% | 1.60 8.01% | 1.56 14.47% | 1.58 49.07% | 1.67 16.95% | 1.71 6.98% | 1.27 -18.25% | 1.19 -24.58% | 1.17 -29.99% | 1.22 -28.54% |
| Revenue Q2Q % growth | 357.44M -18.67% | 382.15M 0.25% | 376.19M 10.32% | 378.95M 15.18% | 398.18M 11.40% | 405.01M 5.98% | 374.71M -0.39% | 366.63M -3.25% | 365.62M -8.18% | 371.68M -8.23% |
| EBITDA Q2Q % growth | 158.11M -45.82% | 173.32M -38.32% | 172.69M 25.78% | 174.88M 7.82% | 174.43M 10.32% | 176.96M 2.10% | 172.24M -0.26% | 170.7M -2.39% | 170.13M -2.47% | 170.3M -3.76% |
| EBIT Q2Q % growth | 100.39M -45.26% | 117.13M -9.62% | 111.37M 16.86% | 111.2M 57.95% | 124.57M 24.09% | 128.07M 9.34% | 94.94M -14.75% | 89.89M -19.16% | 89.89M -27.84% | 94.94M -25.87% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
0.56%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-4.71%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
3.30%
EBIT Next 5 Year
11.21%
Denbury Inc / DEN Forecast FAQ
What do analysts expect the price target to be for Denbury Inc (DEN)?
11 analysts have analysed DEN and the average price target is 92.57 USD. This implies a price increase of 4.4% is expected in the next year compared to the current price of 88.66.
What is the next earnings date for DEN stock?
Denbury Inc (DEN) will report earnings on 2024-02-21, after the market close.
What are the consensus estimates for DEN stock next earnings?
The consensus EPS estimate for the next earnings of Denbury Inc (DEN) is 1.43 USD and the consensus revenue estimate is 357.44M USD.
How many analysts have analysed Denbury Inc (DEN)?
The number of analysts covering Denbury Inc (DEN) is 11.