In the last trading session, 1.06 million CVR Energy Inc (NYSE:CVI) shares changed hands as the company’s beta touched 1.25. With the company’s per share price at $21.27 changed hands at $0.59 or 2.85% during last session, the market valuation stood at $2.14B. CVI’s last price was a discount, traded about -78.98% off its 52-week high of $38.07. The share price had its 52-week low at $15.60, which suggests the last value was 26.66% up since then. When we look at CVR Energy Inc’s average trading volume, we note the 10-day average is 1.12 million shares, with the 3-month average coming to 1.24 million.
Analysts gave the CVR Energy Inc (CVI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.86. If we narrow down to specifics, the data shows that 1 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CVI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. CVR Energy Inc’s EPS for the current quarter is expected to be -0.65.
CVR Energy Inc (NYSE:CVI) trade information
Instantly CVI was in green as seen at the end of in last trading. With action 18.43%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 13.50%, with the 5-day performance at 18.43% in the green. However, in the 30-day time frame, CVR Energy Inc (NYSE:CVI) is 14.60% up. Looking at the short shares, we see there were 3.66 million shares sold at short interest cover period of 3.58 days.
The consensus price target for the stock as assigned by Wall Street analysts is 19.5, meaning bulls need a downside of -9.08% from its current market value. According to analyst projections, CVI’s forecast low is 18 with 21 as the target high. To hit the forecast high, the stock’s price needs a 1.27% surge from its current level, while the stock would need to tank 15.37% for it to hit the projected low.
CVR Energy Inc (CVI) estimates and forecasts
Year-over-year growth is forecast to reach -5.12% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 1.61B. 4 analysts are of the opinion that CVR Energy Inc’s revenue for the current quarter will be 1.92B. The company’s revenue for the corresponding quarters a year ago was 1.86B and 1.97B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -13.42%. The estimates for the next quarter sales put growth at -2.64%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -55.02%. The 2025 estimates are for CVR Energy Inc earnings to increase by 67.73%.
CVI Dividends
CVR Energy Inc is expected to release its next quarterly earnings report on 2025-Feb-17. The 4.70% annual yield figure for the share gives it an annual dividend of 1.00. It is important to note, however, that the 4.70% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 8.85 per year.
CVR Energy Inc (NYSE:CVI)’s Major holders
The share float percentage for the stock currently stands at 100.01%. There are 100.01% institutions holding the CVR Energy Inc stock share, with ICAHN CARL C the top institutional holder. As of 2024-06-30, the company held 66.3606% of the shares, roughly 66.69 million CVI shares worth $1.79 billion.
PACER ADVISORS, INC. holds the second largest percentage of outstanding shares, with 6.7298% or 6.76 million shares worth $181.06 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Pacer Small Cap U.S. Cash Cows 100 ETF and iShares Core S&P Smallcap ETF . With 6.23 shares estimated at $132.42 million under it, the former controlled 6.19% of total outstanding shares. On the other hand, iShares Core S&P Smallcap ETF held about 2.20% of the shares, roughly 2.21 shares worth around $46.97 million.
