CVR Energy (CVI) Stock Price, News & Analysis

Company Overview

CVR Energy, Inc., together with its subsidiaries, engages in the petroleum refining and marketing, and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and supplies gasoline, crude oil, distillate, diesel fuel, and other refined products. This segment also owns and operates a coking medium-sour crude oil refinery in southeast Kansas; and a crude oil refinery in Wynnewood, Oklahoma, as well as supporting logistics assets. This segment primarily serves retailers, railroads, farm cooperatives, and other refiners/marketers. The Nitrogen Fertilizer segment owns and operates a nitrogen fertilizer plant in North America that utilizes a pet coke gasification process to produce nitrogen fertilizer products; and a nitrogen fertilizer facility in East Dubuque, Illinois that produces nitrogen fertilizers in the form of ammonia and urea ammonium nitrate (UAN), nitric acid, and liquid and granulated urea. This segment primarily markets UAN products to agricultural customers; and ammonia products to agricultural and industrial customers. The company was founded in 1906 and is based in Sugar Land, Texas. CVR Energy, Inc. is a subsidiary of Icahn Enterprises L.P.

Key Stats

• Today's Range: $17.75 to $18.37
• 50-Day Range: $15.90 to $24.79
• 52-Week Range: $15.60 to $38.07
• Volume: 10.30 million shs
• Average Volume: 1.19 million shs
• Market Capitalization: $1.81 billion
• P/E Ratio: 26.10
• Dividend Yield: 11.10%
• Price Target: $23.00
• Consensus Rating: Strong Sell

CVR Energy Stock Analysis - MarketRank™

CVR Energy scored higher than 77% of companies evaluated by MarketBeat, and ranked 91st out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.6 / 5
• Analyst Rating: Strong Sell

Consensus Rating

CVR Energy has received a consensus rating of Strong Sell. The company's average rating score is 1.29, and is based on no buy ratings, 2 hold ratings, and 5 sell ratings.

Amount of Analyst Coverage

CVR Energy has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for CVR Energy are expected to grow in the coming year, from ($0.12) to $0.75 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CVR Energy is 26.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of CVR Energy is 26.10, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.07.

Price to Book Value per Share Ratio

CVR Energy has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

16.40% of the float of CVR Energy has been sold short.

Short Interest Ratio / Days to Cover

CVR Energy has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CVR Energy has recently decreased by 5.61%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

CVR Energy is a leading dividend payer. It pays a dividend yield of 10.58%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

CVR Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CVR Energy is 289.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, CVR Energy will have a dividend payout ratio of 266.67% in the coming year. This indicates that CVR Energy may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -8.54

Percentage of Shares Shorted

16.40% of the float of CVR Energy has been sold short.

Short Interest Ratio / Days to Cover

CVR Energy has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CVR Energy has recently decreased by 5.61%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.10

News Sentiment

CVR Energy has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for CVR Energy this week, compared to 4 articles on an average week.

Search Interest

Only 7 people have searched for CVI on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.

MarketBeat Follows

9 people have added CVR Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CVR Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.01% of the stock of CVR Energy is held by insiders.

Percentage Held by Institutions

98.88% of the stock of CVR Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CVI Stock Analysis - Frequently Asked Questions

How have CVI shares performed this year?

CVR Energy's stock was trading at $30.30 at the beginning of the year. Since then, CVI shares have decreased by 40.6% and is now trading at $18.01.
View the best growth stocks for 2024 here.

How were CVR Energy's earnings last quarter?

CVR Energy, Inc. (NYSE:CVI) announced its quarterly earnings results on Monday, October, 28th. The oil and gas company reported ($0.50) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.41. The company's revenue for the quarter was down 27.3% on a year-over-year basis.

Does CVR Energy have any subsidiaries?

CVR Energy subsidiaries include CL JV Holdings LLC, Coffeyville Crude Transportation Inc., Coffeyville Finance Inc., Coffeyville Nitrogen Fertilizers Inc., Coffeyville Pipeline Inc., Coffeyville Refining & Marketing Holdings Inc., Coffeyville Refining & Marketing Inc., and others.

Who are CVR Energy's major shareholders?

Top institutional investors of CVR Energy include Pacer Advisors Inc. (6.27%), State Street Corp (2.06%), Geode Capital Management LLC (0.77%) and Charles Schwab Investment Management Inc. (0.64%).
View institutional ownership trends.

How do I buy shares of CVR Energy?

Shares of CVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CVR Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CVR Energy investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 10/28/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Petroleum refining
• Sub-Industry: Oil & Gas Refining & Marketing
• Current Symbol: NYSE:CVI
• CUSIP: 12662P10
• CIK: 1376139
• Web: www.cvrenergy.com
• Phone: (281) 207-3200
• Fax: 302-655-5049
• Employees: 1,566
• Year Founded: 1906

Price Target and Rating

• Average Stock Price Target: $23.00
• High Stock Price Target: $30.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +27.7%
• Consensus Rating: Strong Sell
• Rating Score (0-4): 1.29
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.69
• Trailing P/E Ratio: 26.10
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $769 million
• Net Margins: 0.89%
• Pretax Margin: 1.41%
• Return on Equity: 2.88%
• Return on Assets: 0.69%

Debt

• Debt-to-Equity Ratio: 1.84
• Current Ratio: 1.33
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $7.87 billion
• Price / Sales: 0.23
• Cash Flow: $7.83 per share
• Price / Cash Flow: 2.30
• Book Value: $10.32 per share
• Price / Book: 1.75

Miscellaneous

• Outstanding Shares: 100,530,000
• Free Float: 100,520,000
• Market Cap: $1.81 billion
• Optionable: Optionable
• Beta: 1.57