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NYSE:CVI

CVR Energy (CVI) Stock Price, News & Analysis

$29.76
+0.29 (+0.98%)
(As of 02:39 PM ET)
Today's Range
$29.34
$29.93
50-Day Range
$28.54
$37.61
52-Week Range
$22.60
$39.36
Volume
300,819 shs
Average Volume
923,278 shs
Market Capitalization
$2.99 billion
P/E Ratio
4.56
Dividend Yield
6.72%
Price Target
$31.25

CVR Energy MarketRank™ Stock Analysis

Analyst Rating
Sell
1.33 Rating Score
Upside/​Downside
5.2% Upside
$31.25 Price Target
Short Interest
Bearish
5.87% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.54
Upright™ Environmental Score
News Sentiment
0.75mentions of CVR Energy in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.42%
From $2.40 to $2.65 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.

2.76 out of 5 stars

Oils/Energy Sector

140th out of 241 stocks

Petroleum Refining Industry

11th out of 17 stocks

CVI stock logo

About CVR Energy Stock (NYSE:CVI)

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. This segment also owns and operates a coking medium-sour crude oil refinery in southeast Kansas; and a crude oil refinery in Wynnewood, Oklahoma, as well as supporting logistics assets. This segment primarily serves retailers, railroads, farm cooperatives, and other refiners/marketers. The Nitrogen Fertilizer segment owns and operates a nitrogen fertilizer plant in North America that utilizes a pet coke gasification process to produce nitrogen fertilizer products; and a nitrogen fertilizer facility in East Dubuque, Illinois that produces nitrogen fertilizers in the form of ammonia and urea ammonium nitrate (UAN), nitric acid, and liquid and granulated urea. This segment primarily markets UAN products to agricultural customers; and ammonia products to agricultural and industrial customers. The company was founded in 1906 and is based in Sugar Land, Texas. CVR Energy, Inc. is a subsidiary of Icahn Enterprises L.P.

CVI Stock Price History

CVI Stock News Headlines

CVR Energy (NYSE:CVI) Price Target Cut to $33.75
3 Energy Stocks That Could Be Heading Six-Feet Under
CVR: Q1 Earnings Snapshot
Validea Detailed Fundamental Analysis - CVI
CVR Energy, Inc. (CVI)
Carl Icahn Acquires New Stake in CVR Partners LP
CVR Energy Inc.
See More Headlines
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Company Calendar

Ex-Dividend for 3/11 Dividend
3/01/2024
Dividend Payable
3/11/2024
Last Earnings
4/29/2024
Ex-Dividend for 5/20 Dividend
5/10/2024
Dividend Payable
5/20/2024
Today
5/21/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Oil & Gas Refining & Marketing
CUSIP
12662P10
Employees
1,566
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$31.25
High Stock Price Target
$33.75
Low Stock Price Target
$29.00
Potential Upside/Downside
+5.4%
Consensus Rating
Sell
Rating Score (0-4)
1.33
Research Coverage
3 Analysts

Profitability

Net Income
$769 million
Pretax Margin
9.94%

Debt

Sales & Book Value

Annual Sales
$8.82 billion
Cash Flow
$8.67 per share
Book Value
$10.32 per share

Miscellaneous

Free Float
100,520,000
Market Cap
$2.98 billion
Optionable
Optionable
Beta
1.59

Social Links

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Key Executives

  • Mr. David L. Lamp (Age 66)
    President, CEO & Director
    Comp: $2.91M
  • Mr. Dane J. Neumann (Age 39)
    Executive VP, CFO, Treasurer & Assistant Secretary
    Comp: $1.39M
  • Mr. Michael H. Wright Jr. (Age 54)
    Executive VP & COO
    Comp: $1.2M
  • Ms. Melissa M. Buhrig (Age 48)
    Executive VP, General Counsel & Secretary
    Comp: $1.7M
  • Mr. Mark A. Pytosh (Age 59)
    Executive Vice President of Corporate Services
    Comp: $1.52M
  • Mr. Jeffrey D. Conaway (Age 48)
    VP, Chief Accounting Officer & Corporate Controller
  • Mr. Richard J. Roberts Jr.
    Investor Relations Officer
  • Mr. Carl D. Findley
    Director of Labor Relations & Manufacturing Human Resources
  • Mr. Mike Puddy
    Senior Vice President of Refined Products & Risk Management
  • Mr. C. Douglas Johnson (Age 58)
    Executive VP & Chief Commercial Officer
    Comp: $950.65k

CVI Stock Analysis - Frequently Asked Questions

Should I buy or sell CVR Energy stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CVR Energy in the last twelve months. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" CVI shares.
View CVI analyst ratings
or view top-rated stocks.

What is CVR Energy's stock price target for 2024?

3 Wall Street analysts have issued twelve-month price targets for CVR Energy's stock. Their CVI share price targets range from $29.00 to $33.75. On average, they expect the company's share price to reach $31.25 in the next year. This suggests a possible upside of 5.2% from the stock's current price.
View analysts price targets for CVI
or view top-rated stocks among Wall Street analysts.

How have CVI shares performed in 2024?

CVR Energy's stock was trading at $30.30 on January 1st, 2024. Since then, CVI shares have decreased by 2.0% and is now trading at $29.70.
View the best growth stocks for 2024 here
.

Are investors shorting CVR Energy?

CVR Energy saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 6,160,000 shares, a drop of 5.2% from the March 31st total of 6,500,000 shares. Based on an average trading volume of 897,100 shares, the days-to-cover ratio is presently 6.9 days. Approximately 6.1% of the company's shares are sold short.
View CVR Energy's Short Interest
.

When is CVR Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our CVI earnings forecast
.

How were CVR Energy's earnings last quarter?

CVR Energy, Inc. (NYSE:CVI) released its earnings results on Monday, April, 29th. The oil and gas company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.09. The oil and gas company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.96 billion. CVR Energy had a trailing twelve-month return on equity of 40.14% and a net margin of 7.44%. The business's quarterly revenue was down 18.5% compared to the same quarter last year. During the same period last year, the business earned $1.44 earnings per share.

How often does CVR Energy pay dividends? What is the dividend yield for CVR Energy?

CVR Energy announced a quarterly dividend on Monday, April 29th. Shareholders of record on Monday, May 13th will be given a dividend of $0.50 per share on Monday, May 20th. This represents a $2.00 annualized dividend and a yield of 6.73%. The ex-dividend date is Friday, May 10th.
Read our dividend analysis for CVI
.

Is CVR Energy a good dividend stock?

CVR Energy (NYSE:CVI) pays an annual dividend of $2.00 per share and currently has a dividend yield of 6.84%. CVI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CVI will have a dividend payout ratio of 75.47% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CVI.

What is David L. Lamp's approval rating as CVR Energy's CEO?

15 employees have rated CVR Energy Chief Executive Officer David L. Lamp on Glassdoor.com. David L. Lamp has an approval rating of 66% among the company's employees.

What other stocks do shareholders of CVR Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CVR Energy investors own include AT&T (T), Pfizer (PFE), Valero Energy (VLO), Intel (INTC), Verizon Communications (VZ), Cisco Systems (CSCO), CVR Refining (CVRR), Johnson & Johnson (JNJ), Marathon Petroleum (MPC) and ONEOK (OKE).

Who are CVR Energy's major shareholders?

CVR Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.00%), Jacobs Levy Equity Management Inc. (0.85%), Empowered Funds LLC (0.19%), Advisors Asset Management Inc. (0.19%), Principal Financial Group Inc. (0.17%) and Hennessy Advisors Inc. (0.14%).
View institutional ownership trends
.

How do I buy shares of CVR Energy?

Shares of CVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does CVR Energy have any subsidiaries?
The following companies are subsidiares of CVR Energy: CL JV Holdings LLC, CVR GP LLC, CVR Nitrogen Finance Corporation, CVR Nitrogen GP LLC, CVR Nitrogen LP, CVR Partners LP, CVR Refining GP LLC, CVR Refining Holdings LLC, CVR Refining Holdings Sub LLC, CVR Refining LP, Coffeyville Crude Transportation Inc., Coffeyville Finance Inc., Coffeyville Nitrogen Fertilizers Inc., Coffeyville Pipeline Inc., Coffeyville Refining & Marketing Holdings Inc., Coffeyville Refining & Marketing Inc., Coffeyville Resources Crude Transportation LLC, Coffeyville Resources LLC, Coffeyville Resources Nitrogen Fertilizers LLC, Coffeyville Resources Pipeline LLC, Coffeyville Resources Refining & Marketing LLC, Coffeyville Resources Terminal LLC, Coffeyville Terminal Inc., East Dubuque Nitrogen Fertilizers LLC, Wynnewood Energy Company LLC, Wynnewood Insurance Corporation, and Wynnewood Refining Company LLC.
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This page (NYSE:CVI) was last updated on 5/21/2024 by MarketBeat.com Staff

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