CVR Energy (CVI) Scheduled to Post Earnings on Monday

CVR Energy (NYSE:CVI) will be releasing its earnings data after the market closes on Monday, April 29th. Analysts expect CVR Energy to post earnings of $0.22 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

CVR Energy (NYSE:CVI) last issued its quarterly earnings data on Tuesday, February 20th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.40. CVR Energy had a return on equity of 55.17% and a net margin of 8.32%. The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.26 billion. On average, analysts expect CVR Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CVR Energy Trading Down 0.5 %

Shares of NYSE CVI opened at $33.21 on Friday. The business’s 50 day moving average price is $34.47 and its 200-day moving average price is $32.78. CVR Energy has a fifty-two week low of $22.60 and a fifty-two week high of $39.36. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.94 and a current ratio of 1.30. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 4.34 and a beta of 1.57.

CVR Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Monday, March 4th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date was Friday, March 1st. CVR Energy’s dividend payout ratio is currently 26.14%.

Analyst Ratings Changes

A number of analysts have recently issued reports on CVI shares. Scotiabank boosted their target price on shares of CVR Energy from $25.00 to $29.00 and gave the company a “sector underperform” rating in a research note on Thursday, April 11th. StockNews.com downgraded CVR Energy from a “buy” rating to a “hold” rating in a report on Friday, February 23rd.

About CVR Energy

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.