CVR Energy (CVI) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CVR Energy in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CVI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVI, but not buy additional shares or sell existing shares.
View CVI analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year price objectives for CVR Energy's stock. Their CVI share price forecasts range from $36.00 to $40.00. On average, they anticipate the company's share price to reach $38.00 in the next twelve months. This suggests a possible upside of 49.7% from the stock's current price.
View analysts price targets for CVI or view top-rated stocks among Wall Street analysts.

CVR Energy's stock was trading at $31.34 on January 1st, 2023. Since then, CVI shares have decreased by 19.0% and is now trading at $25.39.
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CVR Energy saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,400,000 shares, an increase of 18.0% from the April 30th total of 3,730,000 shares. Based on an average daily trading volume, of 1,190,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 4.4% of the company's shares are sold short.
View CVR Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our CVI earnings forecast.

CVR Energy, Inc. (NYSE:CVI) issued its quarterly earnings data on Sunday, October, 31st. The oil and gas company reported ($0.24) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by $0.20. The oil and gas company had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.72 billion. CVR Energy had a trailing twelve-month return on equity of 84.70% and a net margin of 5.23%. During the same quarter in the prior year, the firm earned ($0.96) EPS.

CVR Energy declared a quarterly dividend on Monday, May 1st. Shareholders of record on Monday, May 15th will be paid a dividend of $0.50 per share on Monday, May 22nd. This represents a $2.00 annualized dividend and a dividend yield of 7.88%. The ex-dividend date is Friday, May 12th.
Read our dividend analysis for CVI.

ETFs with the largest weight of CVR Energy (NYSE:CVI) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), Alpha Architect U.S. Quantitative Value ETF (QVAL), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), Cambria Shareholder Yield ETF (SYLD), Invesco DWA Energy Momentum ETF (PXI), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), WBI Power Factor High Dividend ETF (WBIY) and VanEck Oil Refiners ETF (CRAK).

CVR Energy (NYSE:CVI) pays an annual dividend of $2.00 per share and currently has a dividend yield of 8.54%. 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 35.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, CVI will have a dividend payout ratio of 83.33% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CVI.

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.

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).

CVR Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVI."

CVR Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.63%), State Street Corp (2.35%), Dimensional Fund Advisors LP (1.66%), Renaissance Technologies LLC (1.30%), Bank of New York Mellon Corp (0.76%) and JPMorgan Chase & Co. (0.57%).

Shares of CVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CVI stock can currently be purchased for approximately $25.39.

CVR Energy (NYSE:CVI) has a market capitalization of $2.55 billion and generates $10.90 billion in revenue each year. The oil and gas company earns $463 million in net income (profit) each year or $5.61 on an earnings per share basis.

The company employs 1,470 workers across the globe.

CVR Energy's mailing address is 2277 PLAZA DRIVE SUITE 500, SUGAR LAND TX, 77479. The official website for the company is www.cvrenergy.com. The oil and gas company can be reached via phone at (281) 207-3200, via email at investorrelations@cvrenergy.com, or via fax at 302-655-5049.