CVR Energy (NYSE:CVI) Shares Gap Down – Here’s Why

05 Nov 2026, 23:41 by Sarita Garza · The Markets Daily

CVR Energy Inc. (NYSE:CVI – Get Free Report)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $55.92, but opened at $51.06. CVR Energy shares last traded at $50.6810, with a volume of 300,685 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CVI. Zacks Research raised shares of CVR Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 16th. The Goldman Sachs Group upped their target price on shares of CVR Energy from $36.00 to $50.00 and gave the stock a “sell” rating in a report on Friday, October 9th. UBS Group raised their price target on shares of CVR Energy from $35.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, October 2nd. Wall Street Zen upgraded CVR Energy from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 10th. Finally, Mizuho lifted their price target on CVR Energy from $29.00 to $52.00 and gave the company an “underperform” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, CVR Energy has an average rating of “Reduce” and an average target price of $45.75.

Get Our Latest Research Report on CVR Energy

CVR Energy Trading Down 7.5%

The firm has a market capitalization of $4.00 billion, a PE ratio of 15.12 and a beta of 0.85. The firm’s fifty day moving average is $52.94 and its two-hundred day moving average is $35.98. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.42 and a quick ratio of 0.92.

CVR Energy (NYSE:CVI – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The oil and gas company reported $4.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.91 by $1.09. The business had revenue of $3.28 billion during the quarter, compared to the consensus estimate of $2.35 billion. CVR Energy had a net margin of 2.70% and a return on equity of 29.26%. The firm’s quarterly revenue was up 68.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.40 EPS. On average, equities analysts predict that CVR Energy Inc. will post 4.20 EPS for the current fiscal year.

CVR Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 23rd. Shareholders of record on Monday, November 16th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.40 annualized dividend and a dividend yield of 1.0%. CVR Energy’s dividend payout ratio (DPR) is currently 58.82%.

Hedge Funds Weigh In On CVR Energy

Several institutional investors have recently modified their holdings of CVI. Legal & General Group Plc bought a new stake in CVR Energy in the second quarter worth about $1,878,000. Squarepoint Ops LLC boosted its stake in CVR Energy by 95.0% in the second quarter. Squarepoint Ops LLC now owns 218,382 shares of the oil and gas company’s stock valued at $6,014,000 after acquiring an additional 106,406 shares during the last quarter. NFJ Investment Group LLC purchased a new position in CVR Energy in the second quarter valued at about $2,198,000. PDT Partners LLC bought a new position in shares of CVR Energy during the 2nd quarter valued at approximately $14,502,000. Finally, Bank of America Corp DE grew its position in shares of CVR Energy by 19.4% during the 2nd quarter. Bank of America Corp DE now owns 671,728 shares of the oil and gas company’s stock valued at $18,499,000 after acquiring an additional 109,338 shares during the period. 98.88% of the stock is owned by institutional investors.

CVR Energy Company Profile

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CVR Energy, Inc (NYSE:CVI) is a diversified energy company engaged primarily in petroleum refining and nitrogen fertilizer production. Through its refining operations, the company processes crude oil into transportation fuels and other refined products, including gasoline, diesel fuel, jet fuel and asphalt.