FY2025 Earnings Forecast for CVR Energy Issued By Scotiabank

CVR Energy, Inc. (NYSE:CVI) – Research analysts at Scotiabank upped their FY2025 earnings per share estimates for CVR Energy in a report released on Wednesday, March 19th. Scotiabank analyst P. Cheng now anticipates that the oil and gas company will earn $0.60 per share for the year, up from their previous forecast of ($0.10). The consensus estimate for CVR Energy’s current full-year earnings is ($0.12) per share. Scotiabank also issued estimates for CVR Energy’s FY2026 earnings at $1.80 EPS.

CVR Energy (NYSE:CVI) last released 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). CVR Energy had a negative return on equity of 5.12% and a net margin of 0.09%. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.85 billion.

Several other equities research analysts have also weighed in on the stock. The Goldman Sachs Group dropped their price objective on shares of CVR Energy from $24.00 to $21.00 and set a “sell” rating on the stock in a research note on Friday, December 6th. StockNews.com upgraded CVR Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, February 19th. Finally, Mizuho boosted their price objective on CVR Energy from $18.00 to $20.00 and gave the company a “neutral” rating in a research report on Monday, December 16th. Five investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. According to MarketBeat.com, CVR Energy has an average rating of “Reduce” and a consensus target price of $23.00.

CVR Energy Trading Down 4.1 %

CVR Energy stock opened at $20.32 on Monday. CVR Energy has a 1 year low of $15.60 and a 1 year high of $38.07. The firm’s 50-day moving average is $19.61 and its 200-day moving average is $20.23. The company has a debt-to-equity ratio of 2.15, a quick ratio of 0.86 and a current ratio of 1.66. The company has a market cap of $2.04 billion, a P/E ratio of 338.76 and a beta of 1.55.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Thrivent Financial for Lutherans grew its position in CVR Energy by 10.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 26,841 shares of the oil and gas company’s stock valued at $618,000 after buying an additional 2,639 shares in the last quarter. Intech Investment Management LLC acquired a new stake in shares of CVR Energy in the 3rd quarter worth approximately $231,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of CVR Energy by 14.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 639,138 shares of the oil and gas company’s stock valued at $14,719,000 after acquiring an additional 81,590 shares in the last quarter. Larson Financial Group LLC increased its stake in shares of CVR Energy by 640.9% during the third quarter. Larson Financial Group LLC now owns 3,119 shares of the oil and gas company’s stock valued at $72,000 after acquiring an additional 2,698 shares during the period. Finally, FMR LLC raised its holdings in CVR Energy by 103.4% during the third quarter. FMR LLC now owns 4,031 shares of the oil and gas company’s stock worth $93,000 after purchasing an additional 2,049 shares in the last quarter. 98.88% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CVR Energy

In other CVR Energy news, major shareholder Carl C. Icahn purchased 3,610 shares of CVR Energy stock in a transaction on Friday, February 28th. The stock was bought at an average price of $18.24 per share, for a total transaction of $65,846.40. Following the transaction, the insider now owns 67,574,203 shares of the company’s stock, valued at $1,232,553,462.72. The trade was a 0.01 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders have bought 1,492,540 shares of company stock worth $27,049,928. 0.01% of the stock is owned by company insiders.

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.