WallStreetZenWallStreetZen

How to Buy Cvr Energy Stock

Cvr Energy Inc

Cvr Energy is a oil & gas refining & marketing company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker CVI on the NYSE exchange.

Cvr Energy stock last closed at $32.77, down 1.24% from the previous day, and has decreased 2.03% in one year. It has underperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.07 percentage points. Cvr Energy stock is currently +45% from its 52-week low of $22.60, and -16.74% from its 52-week high of $39.36.

As of Mar 1, 2024, there are 100.53M CVI shares outstanding. The market cap of CVI is $3.29B. In the last 24 hours, 1.04M CVI shares were traded.

How to Buy Cvr Energy Stock

Not sure how to invest in Cvr Energy stock? Here's how.
  1. Figure out where to buy Cvr Energy stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Cvr Energy stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Choose your payment method and add your information.
  4. Research Cvr Energy stock: The Cvr Energy ticker symbol is CVI. Is Cvr Energy stock a good investment? Should you buy shares of CVI? How do CVI's underlying business fundamentals look? Do top analysts think Cvr Energy is a good buy? Why has CVI's stock price moved recently? (Hint: Our stock market research website can help you figure out if CVI is a good stock to buy).
  5. Place your CVI trade: Decide if you will purchase CVI shares at the current market price or use a limit order to purchase CVI stock at a given price.
  6. Get the latest scoop on your investment in CVI: Create a watchlist to watch your position in Cvr Energy stock.

Step 1: Figure out where to buy Cvr Energy stock

You will need an online brokerage account to access the NYSE market and buy CVI shares.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best online stock brokerage. Here's why:

  • Invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to world financial markets: From Technology to Healthcare, New York to Shanghai — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for a brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal details so you can invest in CVI stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to open a new trading account.
  1. Send your data by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you have created your account on a investment app, your next step is to transfer the money for your investment:

Check out the tutorial below to see the process of transferring funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Cvr Energy stock

After you have selected the best place to buy Cvr Energy stock, it's absolutely critical to research their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.

Cvr Energy Numbers

CVI Price
$32.77
1w %
-1.97%
1y %
-2.03%
5y %
-18.87%
P/E
4.28x
P/B
3.89x
P/S
0.36x
PEG
0.26x
Revenue
$9.25B
Earnings
$769.00M
Fore. Rev. Growth
-8.6%
Fore. Earn. Growth
N/A
Market Cap
$3.29B
Next Earnings
Apr 29, 2024
Next Dividend
Mar 11, 2024

CVI Zen Score

WallStreetZen was designed to help average investors do better fundamental analysis quickly.

You can view all of the due diligence checks on CVI's stock page.

Is CVI stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge CVI's fair value.

Using relative valuations methods:

  • CVI could be undervalued based on its P/E ratio of 4.28x, relative to Oil & Gas Refining & Marketing industry P/E ratio of 7.66x
  • CVI could be overvalued based on its P/B ratio of 3.89x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 2.06x
  • CVI could be undervalued based on its PEG ratio of 0.26x

You can access more valuation research on CVI's stock here.

CVI Financial Overview

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the CVI balance sheet.
  • There are more short-term assets than short-term liabilities on the CVI balance sheet.
  • CVI profit margin has gone up from 4.2% to 8.3% in the past year.
  • CVI earnings of $1.03B is not sufficient to cover its interest payments.
  • CVI's operating cash flow of $948.00M allows it to safely service it's debt of $2.19B.

Negative Health Checks:

  • CVI has a relatively high debt to equity ratio of 4.33.
  • Total CVI debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy Cvr Energy stock

Out of 2 Wall Street analysts who give recommendations on CVI, the consensus analyst rating on Cvr Energy is a Strong Sell

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Cvr Energy stock forecast page.

CVI Technicals

SMA10
33.4
SMA20
34.06
SMA50
32.37
SMA100
32.02
SMA200
31.77
MACD
0.1
MACD Signal
0.42
MACD Histogram
-0.32
RSI
46.67
Stochastic %K
16.71
Stochastic %D
21.58
StochRSI %K
14.37
StochRSI %D
16.85

CVI Performance Numbers

Last year, CVI earnings were $769.00M. In the past 5 year, CVI's earnings have gone up by 22.26% per year. This was faster than the Oil & Gas Refining & Marketing industry average of 20.41%.

Last year, CVI revenue was $9.25B. During the last 5 year, CVI's revenue has gone up by 5.36% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 7.33%.

Dig into CVI's earnings and revenue performance here.

Are CVI executives and large shareholders buying or selling the stock?

Over the last 12 months, insiders at CVI have sold more shares than they have bought.

Michael H. Wright Jr., EVP Chief Operating Officer of CVI, was the latest CVI insider to sell. They sold $230,925.96 worth of CVI stock on Feb 21, 2024.

Get more info about who owns CVI shares here.

Does CVI provide a stable income stream?

Cvr Energy pays a dividend of 13.73%, compared to the Oil & Gas Refining & Marketing industry's average dividend yield of 6.57%. If you owned $1,000 worth of CVI stock, you would have been paid $137.32 last year.

Cvr Energy dividend payments have not consistently grown over the past decade and have not remained stable.

Get more analysis about Cvr Energy dividend yield and history here.

CVI Social Trading Data

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your CVI trade

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given price limit, place a limit order.

Press the Open Trade button and eToro will execute the order.

If you want more assistance investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your investment in CVI

Now that you own some shares in CVI, you'll want to keep up with your investment.

Put CVI on a watchlist to get notified of important updates regarding your CVI stock.

CVI Feed

How to Buy Stock in Cvr Energy

To summarize, here are the 6 steps you need to take to buy Cvr Energy stock right now:

  1. Figure out where to buy Cvr Energy stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Research Cvr Energy stock
  5. Place your CVI trade
  6. Get the latest scoop on your investment in CVI

If you are looking for a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Cvr Energy, get started below.

NYSE: CVI
$32.77-0.41 (-1.24%)
Updated Mar 1, 2024
Open eToro Account
NYSE: CVI
$32.77-0.41 (-1.24%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Cvr Energy share?

As of Mar 1, 2024, it costs $32.77 to buy one share of Cvr Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.305 shares of CVI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Cvr Energy stock?

According to 2 Wall Street analysts who monitor Cvr Energy, their consensus recommendation is to sell Cvr Energy stock.

What is the best way to buy Cvr Energy stock?

One way to place an order for Cvr Energy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.