CVR Energy - CVI Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CVR Energy in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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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6 brokerages have issued 1-year price targets for CVR Energy's stock. Their CVI share price forecasts range from $15.00 to $40.00. On average, they expect the company's share price to reach $24.50 in the next year. This suggests that the stock has a possible downside of 24.9%.
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CVR Energy's stock was trading at $16.81 on January 1st, 2022. Since then, CVI shares have increased by 94.0% and is now trading at $32.61.
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CVR Energy saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,280,000 shares, an increase of 21.3% from the July 15th total of 1,880,000 shares. Based on an average daily volume of 891,100 shares, the short-interest ratio is presently 2.6 days. Approximately 2.3% of the shares of the 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) released its earnings results on Monday, August, 1st. The oil and gas company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.35. CVR Energy had a trailing twelve-month return on equity of 23.67% and a net margin of 3.46%. During the same quarter in the previous year, the firm earned ($0.32) EPS.

CVR Energy announced a quarterly dividend on Monday, August 1st. Shareholders of record on Friday, August 12th will be given a dividend of $3.00 per share on Monday, August 22nd. This represents a $12.00 dividend on an annualized basis and a yield of 36.80%. The ex-dividend date is Thursday, August 11th. This is an increase 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 4.91%. 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 55.17% 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."

CVR Energy's stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (1.85%), FMR LLC (1.33%), Renaissance Technologies LLC (1.04%), Assenagon Asset Management S.A. (0.97%), Victory Capital Management Inc. (0.94%) and Millennium Management LLC (0.54%).

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 $32.61.

CVR Energy (NYSE:CVI) has a market capitalization of $3.28 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 was founded in 1906.

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.