CVR Energy (CVI) to Release Earnings on Monday

CVR Energy (NYSE:CVI) is expected to announce its Q1 2025 earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of ($0.65) per share and revenue of $1.61 billion for the quarter.

CVR Energy (NYSE:CVI) last posted its quarterly earnings data on Tuesday, February 18th. The oil and gas company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.12). The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.85 billion. CVR Energy had a net margin of 0.09% and a negative return on equity of 5.12%. On average, analysts expect CVR Energy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CVR Energy Trading Up 0.9 %

Shares of NYSE:CVI opened at $18.47 on Friday. The stock’s 50-day simple moving average is $18.82 and its two-hundred day simple moving average is $19.39. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 307.92 and a beta of 1.26. CVR Energy has a 52-week low of $15.10 and a 52-week high of $33.51. The company has a debt-to-equity ratio of 2.15, a quick ratio of 0.86 and a current ratio of 1.66.

Analysts Set New Price Targets

A number of analysts have commented on CVI shares. StockNews.com raised shares of CVR Energy from a “sell” rating to a “hold” rating in a report on Wednesday, February 19th. Mizuho upped their price objective on CVR Energy from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 1st. The Goldman Sachs Group lowered their target price on CVR Energy from $19.00 to $16.00 and set a “sell” rating on the stock in a research report on Thursday, March 27th. Finally, Scotiabank reduced their price target on CVR Energy from $22.00 to $16.00 and set a “sector underperform” rating for the company in a research report on Friday, April 11th. Five equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $21.20.

Insider Activity

In related news, major shareholder Carl C. Icahn bought 206,571 shares of the stock in a transaction dated Monday, March 3rd. The shares were purchased at an average price of $17.79 per share, with a total value of $3,674,898.09. Following the completion of the acquisition, the insider now owns 67,780,774 shares of the company’s stock, valued at $1,205,819,969.46. This represents a 0.31 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have acquired 1,592,723 shares of company stock worth $27,750,649 over the last ninety days. Corporate insiders own 0.01% of the company’s stock.

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.