CVR Energy - CVI Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CVR Energy in the last year. There are currently 2 sell ratings and 3 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.
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5 Wall Street analysts have issued 12 month target prices for CVR Energy's shares. Their CVI share price forecasts range from $15.00 to $40.00. On average, they anticipate the company's share price to reach $26.40 in the next year. This suggests that the stock has a possible downside of 11.8%.
View analysts price targets for CVI or view top-rated stocks among Wall Street analysts.

CVR Energy's stock was trading at $16.81 on January 1st, 2022. Since then, CVI stock has increased by 78.1% and is now trading at $29.94.
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CVR Energy saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,280,000 shares, an increase of 16.9% from the August 31st total of 1,950,000 shares. Based on an average daily trading volume, of 863,200 shares, the short-interest ratio is presently 2.6 days. Approximately 2.3% of the company's stock are short sold.
View CVR Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our CVI earnings forecast.

CVR Energy, Inc. (NYSE:CVI) issued its quarterly earnings data on Monday, August, 1st. The oil and gas company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.10 by $0.35. The oil and gas company had revenue of $3.14 billion for the quarter, compared to analyst estimates of $2.30 billion. CVR Energy had a trailing twelve-month return on equity of 23.67% and a net margin of 3.46%. During the same period in the previous year, the company posted ($0.32) EPS.

CVR Energy announced a quarterly dividend on Monday, August 1st. Investors of record on Friday, August 12th will be paid a dividend of $3.00 per share on Monday, August 22nd. This represents a $12.00 annualized dividend and a yield of 40.08%. The ex-dividend date of this dividend is Thursday, August 11th. This is a boost from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for CVI.

CVR Energy (NYSE:CVI) pays an annual dividend of $1.60 per share and currently has a dividend yield of 5.72%. CVI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 49.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVI will have a dividend payout ratio of 50.79% next year. This indicates that the company will be able to sustain or increase its 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."

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 $29.94.

CVR Energy (NYSE:CVI) has a market capitalization of $3.01 billion and generates $7.24 billion in revenue each year. The oil and gas company earns $25 million in net income (profit) each year or $3.26 on an earnings per share basis.

The company employs 1,429 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.