Civitas Resources Inc (NYSE:CIVI) has a beta value of 1.04 and has seen 0.38 million shares traded in the recent trading session. The company, currently valued at $2.72B, closed the recent trade at $29.39 per share which meant it lost -$0.65 on the day or -2.15% during that session. The CIVI stock price is -147.12% off its 52-week high price of $72.63 and 22.46% above the 52-week low of $22.79. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.96 million shares traded. The 3-month trading volume is 2.16 million shares.
The consensus among analysts is that Civitas Resources Inc (CIVI) is Buy stock at the moment, with a recommendation rating of 1.94. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 15 have rated it as a Hold, with 13 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.21.
Civitas Resources Inc (NYSE:CIVI) trade information
Sporting -2.15% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CIVI stock price touched $29.39 or saw a rise of 10.09%. Year-to-date, Civitas Resources Inc shares have moved -56.89%, while the 5-day performance has seen it change -7.65%. Over the past 30 days, the shares of Civitas Resources Inc (NYSE:CIVI) have changed -6.18%. Short interest in the company has seen 8.21 million shares shorted with days to cover at 3.85.
Wall Street analysts have a consensus price target for the stock at $42, which means that the shares’ value could jump 30.02% from the levels at last check today.. The projected low price target is $34.0 while the price target rests at a high of $62.0. In that case, then, we find that the latest price level in today’s session is -110.96% off the targeted high while a plunge would see the stock gain -15.69% from the levels at last check today..
Civitas Resources Inc (CIVI) estimates and forecasts
The company’s shares have lost -42.72% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -10.11%.
8 analysts offering their estimates for the company have set an average revenue estimate of 1.11B for the current quarter. 8 have an estimated revenue figure of 1.18B for the next ending quarter. Year-ago sales stood 1.31B and 1.27B respectively for this quarter and the next, and analysts expect sales will shrink by -15.51% for the current quarter and -10.11% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 21.13% over the past 5 years. Earnings growth for 2025 is a modest -25.09% while over the next 5 years, the company’s earnings are expected to decrease by -5.64%.
CIVI Dividends
Civitas Resources Inc is expected to release its next earnings report on 2025-May-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.00 at a share yield of 6.80%. The company’s dividend yield has gone up over the past 12 months.
Civitas Resources Inc (NYSE:CIVI)’s Major holders
Insiders own 0.94% of the company shares, while shares held by institutions stand at 108.66% with a share float percentage of 109.70%. Investors are also buoyed by the number of investors in a company, with Civitas Resources Inc having a total of 515.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 9.9 million shares worth more than $683.17 million. As of 2024-06-30, VANGUARD GROUP INC held 9.9582% of shares outstanding.
The other major institutional holder is CANADA PENSION PLAN INVESTMENT BOARD, with the holding of over 9.52 million shares as of 2024-06-30. The firm’s total holdings are worth over $657.17 million and represent 9.5792% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . As of Mar 31, 2025 , the former fund manager holds about 3.12% shares in the company for having 2.89 shares of worth $84.43 million while later fund manager owns 2.88 shares of worth $84.37 million as of May 31, 2025 , which makes it owner of about 3.12% of company’s outstanding stock.
