CVR Energy (CVI) to Release Earnings on Monday

CVR Energy (NYSE:CVI - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect CVR Energy to post earnings of ($0.65) per share and revenue of $1.61 billion for the quarter.

CVR Energy (NYSE:CVI - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The oil and gas company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.12). The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.85 billion. CVR Energy had a negative return on equity of 5.12% and a net margin of 0.09%. On average, analysts expect CVR Energy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CVR Energy Price Performance

CVI stock traded down $0.03 during trading on Friday, hitting $18.27. The company had a trading volume of 155,450 shares, compared to its average volume of 1,027,452. CVR Energy has a fifty-two week low of $15.10 and a fifty-two week high of $33.51. The company has a current ratio of 1.66, a quick ratio of 0.86 and a debt-to-equity ratio of 2.15. The company has a fifty day moving average price of $18.82 and a two-hundred day moving average price of $19.44. The company has a market cap of $1.84 billion, a P/E ratio of 304.48 and a beta of 1.26.

Wall Street Analyst Weigh In

CVI has been the topic of several research reports. The Goldman Sachs Group reduced their price objective on CVR Energy from $19.00 to $16.00 and set a "sell" rating on the stock in a report on Thursday, March 27th. Scotiabank decreased their price objective on shares of CVR Energy from $22.00 to $16.00 and set a "sector underperform" rating for the company in a report on Friday, April 11th. StockNews.com upgraded CVR Energy from a "sell" rating to a "hold" rating in a report on Wednesday, February 19th. Finally, Mizuho upped their price target on shares of CVR Energy from $20.00 to $21.00 and gave the company a "neutral" rating in a report on Tuesday, April 1st. Five investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $21.20.

Insider Activity

In related news, major shareholder Carl C. Icahn bought 206,571 shares of the business's stock in a transaction on Monday, March 3rd. The stock was acquired at an average price of $17.79 per share, for a total transaction of $3,674,898.09. Following the purchase, the insider now directly owns 67,780,774 shares in the company, valued at $1,205,819,969.46. This trade represents a 0.31 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have purchased 1,592,723 shares of company stock worth $27,750,649. Company insiders own 0.01% of the company's stock.

CVR Energy Company Profile

CVR Energy, Inc, together with its subsidiaries, engages in the petroleum refining and marketing, and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and supplies gasoline, crude oil, distillate, diesel fuel, and other refined products.