NYSE:CIVI

Civitas Resources (CIVI) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$71.05
$75.99
50-Day Range
$17.76
$17.76
52-Week Range
$12.10
$17.89
Volume
3.20 million shs
Average Volume
1.16 million shs
Market Capitalization
$7.56 billion
P/E Ratio
9.18
Dividend Yield
2.65%
Price Target
$99.00

Civitas Resources MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
31.1% Upside
$99.00 Price Target
Short Interest
Healthy
3.86% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Civitas Resources in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.09%
From $11.82 to $13.84 Per Share

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.

4.22 out of 5 stars

Oils/Energy Sector

306th out of 1,427 stocks

Crude Petroleum & Natural Gas Industry

115th out of 462 stocks

CIVI stock logo

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.

CIVI Stock News Headlines

Elon’s New Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
Elon’s New Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
Truist Financial Keeps Their Buy Rating on Matador Resources (MTDR)
Expert Outlook: Civitas Resources Through The Eyes Of 7 Analysts
Unveiling 6 Analyst Insights On Civitas Resources
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Last Earnings
5/02/2024
Today
5/04/2024
Ex-Dividend for 6/26 Dividend
6/12/2024
Dividend Payable
6/26/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
23,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$99.00
High Stock Price Target
$106.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+31.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$784.29 million
Pretax Margin
28.73%

Debt

Sales & Book Value

Annual Sales
$3.48 billion
Cash Flow
$22.40 per share
Book Value
$65.92 per share

Miscellaneous

Free Float
99,560,000
Market Cap
$7.56 billion
Optionable
Optionable
Beta
1.54
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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 twelve months. 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 Wall Street analysts have issued 1-year price objectives 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 $99.00 in the next twelve months. This suggests a possible upside of 31.1% 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 decline in short interest during the month of April. As of April 15th, there was short interest totaling 3,220,000 shares, a decline of 44.3% from the March 31st total of 5,780,000 shares. Based on an average trading volume of 1,400,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 3.9% of the company's stock are sold short.
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) issued its quarterly earnings data on Thursday, May, 2nd. The company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $2.51 by $0.77. The business earned $1.33 billion during the quarter, compared to the consensus estimate of $1.29 billion. Civitas Resources had a trailing twelve-month return on equity of 13.18% and a net margin of 18.25%. The firm's revenue was up 102.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. Stockholders 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 dividend yield of 2.65%. 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 2.83%. 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 14.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIVI.

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 retail and institutional 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 5/5/2024 by MarketBeat.com Staff

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