Scotiabank Estimates CVR Energy’s FY2026 Earnings (NYSE:CVI)

CVR Energy Inc. (NYSE:CVI) – Equities researchers at Scotiabank increased their FY2026 earnings per share estimates for shares of CVR Energy in a note issued to investors on Thursday, April 23rd. Scotiabank analyst B. Zhang now expects that the oil and gas company will post earnings of $0.10 per share for the year, up from their previous forecast of ($0.40). Scotiabank has a “Sector Underperform” rating and a $28.00 price target on the stock. The consensus estimate for CVR Energy’s current full-year earnings is $0.99 per share. Scotiabank also issued estimates for CVR Energy’s FY2027 earnings at $0.35 EPS.

CVR Energy (NYSE:CVI) last announced its earnings results on Wednesday, February 18th. The oil and gas company reported ($0.80) earnings per share for the quarter, topping the consensus estimate of ($0.84) by $0.04. CVR Energy had a negative return on equity of 14.31% and a net margin of 0.38%.The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same period in the previous year, the business earned ($0.13) EPS. The firm’s revenue for the quarter was down 7.0% on a year-over-year basis.

Several other brokerages also recently weighed in on CVI. Weiss Ratings downgraded CVR Energy from a “hold (c)” rating to a “sell (d)” rating in a research note on Friday, February 20th. Raymond James Financial raised CVR Energy from an “underperform” rating to a “market perform” rating in a research report on Wednesday, March 25th. The Goldman Sachs Group initiated coverage on CVR Energy in a research report on Friday, April 10th. They set a “sell” rating and a $30.00 price target for the company. Mizuho lifted their price target on CVR Energy from $28.00 to $32.00 and gave the stock an “underperform” rating in a research report on Tuesday, March 17th. Finally, Wall Street Zen cut CVR Energy from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Two equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, CVR Energy has an average rating of “Strong Sell” and an average price target of $31.75.

CVR Energy Stock Up 2.7%

Shares of CVI stock opened at $32.38 on Tuesday. CVR Energy has a 1-year low of $17.95 and a 1-year high of $41.67. The stock’s fifty day moving average price is $29.16 and its 200 day moving average price is $29.72. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.79 and a quick ratio of 1.13. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 124.53 and a beta of 0.94.

Insider Buying and Selling

In other news, major shareholder Carl C. Icahn purchased 275,012 shares of the stock in a transaction on Tuesday, February 24th. The stock was bought at an average price of $21.41 per share, with a total value of $5,888,006.92. Following the transaction, the insider owned 71,201,875 shares in the company, valued at $1,524,432,143.75. The trade was a 0.39% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders bought 783,404 shares of company stock worth $16,445,044. Insiders own 0.01% of the company’s stock.

Institutional Trading of CVR Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Counterpoint Mutual Funds LLC acquired a new stake in CVR Energy during the 1st quarter worth about $556,000. New York State Teachers Retirement System lifted its holdings in shares of CVR Energy by 13.1% in the 1st quarter. New York State Teachers Retirement System now owns 11,666 shares of the oil and gas company’s stock valued at $393,000 after buying an additional 1,354 shares during the period. Louisiana State Employees Retirement System acquired a new position in shares of CVR Energy in the 1st quarter valued at about $451,000. Hsbc Holdings PLC acquired a new position in shares of CVR Energy in the 4th quarter valued at about $292,000. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in shares of CVR Energy by 1,817.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,394 shares of the oil and gas company’s stock valued at $86,000 after buying an additional 3,217 shares during the period. Institutional investors and hedge funds own 98.88% of the company’s stock.

CVR Energy Company Profile

CVR Energy, Inc is an independent downstream energy company engaged primarily in petroleum refining and nitrogen fertilizer production in the United States. Headquartered in Sugar Land, Texas, CVR Energy operates through two reportable segments—Petroleum Products and Nitrogen Fertilizers—leveraging its refining expertise and distribution network to serve both wholesale and retail markets across key regions in the U.S.

In its Petroleum Products segment, the company owns and operates the Coffeyville, Kansas refinery, which has the capability to process various grades of crude oil into gasoline, diesel, jet fuel and other refined products.