Disclosed are a motion image compensation method and a device, and a display device. The motion image compensation method comprises: acquiring a first image corresponding to a pre-motion picture and a second image corresponding to a post-motion picture; dividing the first image and the second image respectively into several image blocks; performing computations on any pair of mutually corresponding image blocks in the first image and the second image based on a phase correlation method; performing edge detection on the first image and the second image respectively; and according to a preset condition, acquiring, from the at least one displacement vector, a displacement vector matched with a transformation between the edge feature patterns within the pair of mutually corresponding image blocks as a displacement vector corresponding to the pair of image blocks during a motion compensation process.