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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

CVR Energy (NYSE:CVI) last posted its quarterly earnings data on Tuesday, February 20th. The oil and gas company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.25 by $0.40. The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.26 billion. CVR Energy had a return on equity of 55.17% and a net margin of 8.32%. 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 %

NYSE:CVI opened at $33.21 on Friday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.30 and a quick ratio of 0.94. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 4.34 and a beta of 1.57. CVR Energy has a one year low of $22.60 and a one year high of $39.36. The business has a fifty day moving average price of $34.47 and a 200-day moving average price of $32.78.

CVR Energy Dividend Announcement

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

Analysts Set New Price Targets

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

CVR Energy Company Profile

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.