CVR Refining (CVRR) Shares Up 0%

CVR Refining (NYSE:CVRR) shot up 0% during trading on Thursday . The stock traded as high as $14.70 and last traded at $14.40. 597,656 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 573,442 shares. The stock had previously closed at $14.40.

Several brokerages have commented on CVRR. ValuEngine raised shares of CVR Refining from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research downgraded shares of CVR Refining from a “hold” rating to a “strong sell” rating in a research report on Monday, March 12th. Tudor Pickering downgraded shares of CVR Refining from a “buy” rating to a “hold” rating in a research report on Monday, February 26th. Citigroup increased their price objective on shares of CVR Refining from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 24th. Finally, Barclays reissued a “hold” rating and set a $17.00 price objective on shares of CVR Refining in a research report on Wednesday, January 10th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. CVR Refining presently has a consensus rating of “Hold” and an average target price of $12.90.

How to Become a New Pot Stock Millionaire

The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.76 and a current ratio of 1.45. The stock has a market capitalization of $2,125.44, a PE ratio of 24.17 and a beta of 1.35.

CVR Refining (NYSE:CVRR) last issued its quarterly earnings data on Thursday, February 22nd. The oil and gas company reported ($0.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.50). CVR Refining had a return on equity of 6.62% and a net margin of 1.57%. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the company earned ($0.07) EPS. The firm’s revenue was up 19.5% on a year-over-year basis. equities analysts anticipate that CVR Refining will post 1.03 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 12th. Stockholders of record on Monday, March 5th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 12.41%. The ex-dividend date of this dividend was Friday, March 2nd. CVR Refining’s dividend payout ratio is 300.00%.

Several hedge funds have recently modified their holdings of the company. Cetera Advisors LLC bought a new position in CVR Refining in the fourth quarter valued at $261,000. Geode Capital Management LLC bought a new position in CVR Refining in the fourth quarter valued at $386,000. Bank of Montreal Can grew its position in CVR Refining by 14.2% in the fourth quarter. Bank of Montreal Can now owns 46,489 shares of the oil and gas company’s stock valued at $769,000 after purchasing an additional 5,789 shares in the last quarter. Virtu Financial LLC bought a new position in CVR Refining in the fourth quarter valued at $805,000. Finally, Leucadia National Corp grew its position in CVR Refining by 131.7% in the fourth quarter. Leucadia National Corp now owns 56,000 shares of the oil and gas company’s stock valued at $927,000 after purchasing an additional 31,834 shares in the last quarter. 14.36% of the stock is owned by institutional investors.

TRADEMARK VIOLATION WARNING: This piece was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.tickerreport.com/banking-finance/3338574/cvr-refining-cvrr-shares-up-0.html.

About CVR Refining

CVR Refining, LP operates as an independent petroleum refiner and marketer of transportation fuels in the United States. The company owns and operates a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas; and a complex crude oil refinery in Wynnewood, Oklahoma. It also controls and operates logistics assets, including approximately 570 miles of owned and leased pipelines; approximately 130 crude oil transports; a network of crude oil gathering tank farms; and approximately 6.4 million barrels of owned and leased crude oil storage capacity, as well as approximately 4.6 million barrels of combined refined products and feedstocks storage capacity.

Receive News & Ratings for CVR Refining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVR Refining and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Zacks: Analysts Expect Brookdale Senior Living  Will Post Earnings of -$0.22 Per Share
Zacks: Analysts Expect Brookdale Senior Living Will Post Earnings of -$0.22 Per Share
Virco Manufacturing  Getting Somewhat Favorable News Coverage, Report Finds
Virco Manufacturing Getting Somewhat Favorable News Coverage, Report Finds
Favorable Press Coverage Somewhat Unlikely to Affect Fuling Global  Share Price
Favorable Press Coverage Somewhat Unlikely to Affect Fuling Global Share Price
Head to Head Review: Southern Missouri Bancorp  and Home Bancorp
Head to Head Review: Southern Missouri Bancorp and Home Bancorp
Analyzing Yandex  and Its Competitors
Analyzing Yandex and Its Competitors
J.Jill  versus Cherokee  Head to Head Review
J.Jill versus Cherokee Head to Head Review


Leave a Reply

© 2006-2018 Ticker Report. Google+.