NYSE:CIVI Civitas Resources (CIVI) Stock Price, News & Analysis → $21,000 in profits in six weeks? (From InvestorPlace) (Ad) Free CIVI Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$75.36▼$76.5050-Day Range$17.76▼$17.7652-Week Range$12.10▼$17.89Volume1.28 million shsAverage Volume1.25 million shsMarket Capitalization$7.59 billionP/E Ratio9.22Dividend Yield2.64%Price Target$99.29 Stock AnalysisStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial MediaStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial Media Get Civitas Resources alerts: Email Address Civitas Resources MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside31.0% Upside$99.29 Price TargetShort InterestHealthy3.86% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth18.78%From $11.82 to $14.04 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.24 out of 5 starsOils/Energy Sector47th out of 243 stocksCrude Petroleum & Natural Gas Industry17th out of 78 stocks 3.5 Analyst's Opinion Consensus RatingCivitas Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCivitas Resources has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.86% of the float of Civitas Resources has been sold short.Short Interest Ratio / Days to CoverCivitas Resources has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Civitas Resources has recently decreased by 44.29%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldCivitas Resources pays a meaningful dividend of 2.65%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCivitas Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Civitas Resources is 24.33%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Civitas Resources will have a dividend payout ratio of 14.25% next year. This indicates that Civitas Resources will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CIVI. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 13 news articles for Civitas Resources this week, compared to 4 articles on an average week.Search InterestOnly 7 people have searched for CIVI on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Civitas Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -58% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Civitas Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% of the stock of Civitas Resources is held by insiders.Percentage Held by Institutions94.55% of the stock of Civitas Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Civitas Resources are expected to grow by 18.78% in the coming year, from $11.82 to $14.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Civitas Resources is 9.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Civitas Resources is 9.22, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.86.Price to Book Value per Share RatioCivitas Resources has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Priority GoldBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...Get your free information kit NOW, before it's too late. About Civitas Resources Stock (NYSE:CIVI)Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. As of December 31,2021, it had proved reserves 397.7 MMBoe comprising 143.6 MMbbls of crude oil, 106.0 MMbbls of natural gas liquids, and 888.5 Bcf of natural gas. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado.Read More Ad Priority GoldBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...Get your free information kit NOW, before it's too late. CIVI Stock News HeadlinesMay 7, 2024 | 247wallst.comFor $10,000 in Passive Income, Invest $7,500 in These 12 Dividend StocksMay 6, 2024 | businesswire.comIOG Resources II Announces AcquisitionMay 7, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 4, 2024 | msn.comCivitas Resources, Inc. (NYSE:CIVI) Q1 2024 Earnings Call TranscriptMay 4, 2024 | finance.yahoo.comCivitas Resources First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 3, 2024 | markets.businessinsider.comCivitas Resources: Strong Production Outlook and Aggressive Capital Returns Justify Buy RatingMay 3, 2024 | marketwatch.comCivitas Resources Sees Flat 2Q Oil, Equivalent Sales, Higher 2H -- Energy CommentMay 3, 2024 | investorplace.comCIVI Stock Earnings: Civitas Resources Misses EPS, Beats Revenue for Q1 2024May 7, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 2, 2024 | msn.comCivitas Resources GAAP EPS of $1.74 misses by $0.89, revenue of $1.33B beats by $50MMay 2, 2024 | businesswire.comCivitas Resources, Inc. Announces Share Repurchase from VitolMay 2, 2024 | businesswire.comCivitas Resources Reports First Quarter 2024 ResultsMay 2, 2024 | markets.businessinsider.comHess Corporation: Hold Rating Maintained Amid Chevron Acquisition Uncertainty and Solid PerformanceApril 25, 2024 | fool.comThese Are Billionaires’ Favorite Energy StocksApril 24, 2024 | markets.businessinsider.comTruist Financial Keeps Their Buy Rating on Matador Resources (MTDR)April 23, 2024 | bizjournals.comDenver oil company sues Colorado agency over well-drilling permit rejectionApril 22, 2024 | markets.businessinsider.comExpert Outlook: Civitas Resources Through The Eyes Of 7 AnalystsApril 16, 2024 | finance.yahoo.comInvestors in Civitas Resources (NYSE:CIVI) have seen impressive returns of 294% over the past five yearsApril 9, 2024 | msn.com3 Best Stocks to Buy Now, 4/9/2024, According to Top AnalystsApril 9, 2024 | markets.businessinsider.comBuy Rating Reaffirmed for Civitas Resources with Strategic Acquisitions Driving Valuation and Top Pick DesignationApril 9, 2024 | markets.businessinsider.comTruist Financial Sticks to Their Buy Rating for Civitas Resources (CIVI)April 5, 2024 | markets.businessinsider.comUnveiling 6 Analyst Insights On Civitas ResourcesApril 5, 2024 | businesswire.comCivitas Resources, Inc. Schedules First Quarter 2024 Conference Call and WebcastApril 4, 2024 | msn.comCivitas Resources (CIVI) Stock Moves -0.67%: What You Should KnowApril 2, 2024 | msn.comCivitas Resources (CIVI) Stock Moves -0.71%: What You Should KnowApril 2, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Energy Stocks: Saturn Oil & Gas (OILSF), Civitas Resources (CIVI)March 29, 2024 | finance.yahoo.comCivitas Networks for Health to Host 2024 Annual Conference in Detroit This OctoberSee More Headlines Receive CIVI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Civitas Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Last Earnings5/02/2024Today5/07/2024Ex-Dividend for 6/26 Dividend6/12/2024Dividend Payable6/26/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CIVI CUSIPN/A CIK1608638 Webcivitas-solutions.com Phone617-790-4800Fax720-305-0804Employees23,600Year FoundedN/APrice Target and Rating Average Stock Price Target$99.29 High Stock Price Target$106.00 Low Stock Price Target$90.00 Potential Upside/Downside+31.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$8.22 Trailing P/E Ratio9.17 Forward P/E Ratio6.38 P/E GrowthN/ANet Income$784.29 million Net Margins18.25% Pretax Margin22.70% Return on Equity12.69% Return on Assets5.81% Debt Debt-to-Equity Ratio0.67 Current Ratio0.37 Quick Ratio0.37 Sales & Book Value Annual Sales$3.48 billion Price / Sales2.17 Cash Flow$20.93 per share Price / Cash Flow3.60 Book Value$65.92 per share Price / Book1.14Miscellaneous Outstanding Shares100,090,000Free Float99,540,000Market Cap$7.54 billion OptionableOptionable Beta1.54 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMs. Marianella Foschi (Age 33)Chief Financial Officer Comp: $532.23kMs. Sandra Kay Garbiso (Age 42)Chief Accounting Officer & Treasurer Comp: $546.41kMr. Eric Thomas Greager (Age 51)Technical Consultant Comp: $1.07MMr. M. Christopher Doyle (Age 49)Pres, CEO & Director Mr. Matthew R. Owens (Age 36)Chief Operating Officer John WrenDirector of Fin., Planning & Investor RelationsMr. Travis L. Counts (Age 44)Chief Legal Officer & Sec. Mr. Brian D. Cain (Age 41)Chief Sustainability Officer Mr. Brian T. KuckSr. VP of Corp. Planning & Bus. Devel.Mr. Clinton Bradley Johnson (Age 50)Sr. VP of Asset Devel. More ExecutivesKey CompetitorsChord EnergyNASDAQ:CHRDMatador ResourcesNYSE:MTDRMurphy OilNYSE:MURViper EnergyNASDAQ:VNOMHess MidstreamNYSE:HESMView All CompetitorsInsiders & InstitutionsEmpowered Funds LLCSold 72,143 shares on 5/7/2024Ownership: 0.026%SG Americas Securities LLCBought 6,910 shares on 5/7/2024Ownership: 0.012%Significant Wealth Partners LLCBought 6,533 shares on 5/7/2024Ownership: 0.007%Quantbot Technologies LPBought 56,432 shares on 5/6/2024Ownership: 0.083%Texas Permanent School Fund CorpBought 1,389 shares on 5/6/2024Ownership: 0.075%View All Insider TransactionsView All Institutional Transactions CIVI Stock Analysis - Frequently Asked Questions Should I buy or sell Civitas Resources stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Civitas Resources in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CIVI shares. View CIVI analyst ratings or view top-rated stocks. What is Civitas Resources' stock price target for 2024? 8 analysts have issued twelve-month price targets for Civitas Resources' stock. Their CIVI share price targets range from $90.00 to $106.00. On average, they anticipate the company's share price to reach $99.29 in the next year. This suggests a possible upside of 31.0% from the stock's current price. View analysts price targets for CIVI or view top-rated stocks among Wall Street analysts. Are investors shorting Civitas Resources? Civitas Resources saw a decrease in short interest in April. As of April 15th, there was short interest totaling 3,220,000 shares, a decrease of 44.3% from the March 31st total of 5,780,000 shares. Based on an average daily trading volume, of 1,400,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 3.9% of the company's stock are short sold. View Civitas Resources' Short Interest. When is Civitas Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our CIVI earnings forecast. How were Civitas Resources' earnings last quarter? Civitas Resources, Inc. (NYSE:CIVI) posted its quarterly earnings data on Thursday, May, 2nd. The company reported $1.74 EPS for the quarter, missing the consensus estimate of $2.51 by $0.77. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.29 billion. Civitas Resources had a trailing twelve-month return on equity of 12.69% and a net margin of 18.25%. Civitas Resources's revenue was up 102.6% on a year-over-year basis. During the same period in the prior year, the business posted $2.16 earnings per share. How often does Civitas Resources pay dividends? What is the dividend yield for Civitas Resources? Civitas Resources announced a quarterly dividend on Thursday, May 2nd. Shareholders of record on Wednesday, June 12th will be paid a dividend of $0.50 per share on Wednesday, June 26th. This represents a $2.00 annualized dividend and a yield of 2.64%. The ex-dividend date of this dividend is Wednesday, June 12th. Read our dividend analysis for CIVI. Is Civitas Resources a good dividend stock? Civitas Resources (NYSE:CIVI) pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.65%. The dividend payout ratio is 24.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIVI will have a dividend payout ratio of 14.25% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CIVI. What ETFs hold Civitas Resources' stock? ETFs with the largest weight of Civitas Resources (NYSE:CIVI) stock in their portfolio include SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Dorsey Wright Energy Momentum ETF (PXI), Invesco S&P MidCap 400 GARP ETF (EWMC), Invesco S&P MidCap 400 GARP ETF (GRPM), First Trust Natural Gas ETF (FCG), Grizzle Growth ETF (GRZZ), Grizzle Growth ETF (DARP) and Invesco S&P MidCap Value with Momentum ETF (XMVM). What other stocks do shareholders of Civitas Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Civitas Resources investors own include Allena Pharmaceuticals (ALNA), Galmed Pharmaceuticals (GLMD), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Corbus Pharmaceuticals (CRBP), ImmunoGen (IMGN), Melinta Therapeutics (MLNT), NVIDIA (NVDA), VBI Vaccines (VBIV) and Aduro Biotech (ADRO). Who are Civitas Resources' major shareholders? Civitas Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (1.08%), Leeward Investments LLC MA (0.26%), Retirement Systems of Alabama (0.24%), Allspring Global Investments Holdings LLC (0.14%), Lawson Kroeker Investment Management Inc. NE (0.11%) and Whittier Trust Co. (0.10%). Insiders that own company stock include Brant Demuth, Brian Cain, Canada Pension Plan Investment, Dean Tinsley, Iv Cyrus D Marter, Kimmeridge Energy Management C, M Christopher Doyle, Paul Keglevic, Sandra Garbiso and Travis L Counts. View institutional ownership trends. This page (NYSE:CIVI) was last updated on 5/7/2024 by MarketBeat.com Staff From Our PartnersAI “wealth window” is closing June 25thParadigm PressThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe asset beating inflation by 4xColonial MetalsElon Musk Secret Crypto Plot ExposedCrypto 101 MediaCould Your Accounts Be Frozen?Allegiance GoldHe Is Giving Away BitcoinCrypto Swap ProfitsGold Set to EXPLODE!Gold Safe ExchangeElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Civitas Resources, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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