Denbury Resources Inc. (NYSE:DNR) registered a -0.59% decrease, still its new closing price is 276.40% up from the company’s 1 year high of 4.80.It posted -9.95% losses in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 4 of Wall Street analysts have an underperform rating; the 1 sells versus 1 buy or better ratings. The 14 stock analysts following this company have an average price target at $3.33, with individual PT in the $2.00-$5.00 range. The shares moved at $3.35, implying that brokerage firms see shares gaining about 165.87% in twelve months time.
Denbury Resources Inc. (DNR) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -8.97% fall year to date. A Director at Denbury Resources Inc. (DNR) offloaded shares in a transaction closed on Monday August 15, 2016. McMichael Greg sold 10,000 shares in the company at $3.13 each and collected $31,000 in proceeds. McMichael Greg now owns 99,379 shares in the company after this transaction. A SVP, General Counsel & Sec’y in the company, Matthews James S., disclosed a transaction on Friday September 12, 2014 that ended up generating $95,001 from the sale of 6,000 shares at $15.99 per share.
Denbury Resources Inc. (NYSE:DNR) Upcoming Results on Tap
Denbury Resources Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.02 in that period. Sales during the quarter are predicted to arrive at $259.17 million.
Earnings surprise history: Last quarter, the company posted approximately $253.99 million in revenue and EPS of $0.00. The mean forecast was for $243.76 million and $-0.02 a share, respectively. One quarter earlier, revenue for the stock was at $255.15 million, with earnings at $0.08/share.
Denbury Resources Inc. (DNR) Brokerage Update
Denbury Resources Inc. (DNR) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underweight from Equal Weight by Barclays, according to news reported on Wednesday August 10, 2016.Another important research note was issued by Stifel on Wednesday June 15, 2016.The firm upgraded DNR to Hold from Sell. Over the last six months and over the last three months, the shares of Denbury Resources Inc. (DNR), have changed 23.16% and 29.34%, respectively.