With 19.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.8 million shares. During the session, the Oil & Gas Integrated company that operates in wider Energy sector, reached to the highest price of $13.365 whereas the lowest price it dropped to was $12.905. The 52-week range on CVE shows that it touched its highest point at $21.79 and its lowest point at $12.07 during that stretch. It currently has a 1-year price target of $20.16. With its current market cap of 23.83 billion, CVE has annualized dividend of $0.49 while the current yield stands at 3.78%. CVE paid its most recent dividend on 1726185600, while the ex-dividend date for that was 1741910400. Beta for the stock currently stands at 1.50.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CVE was up-trending over the past week, with a rise of 3.08%, but this was down by -15.68% over a month. Three-month performance dropped to -13.96% while six-month performance fell -19.52%. The stock lost -26.25% in the past year, while it has lost -13.73% so far this year. A look at the trailing 12-month EPS for CVE yields 1.21 with Next year EPS estimates of 1.77. For the next quarter, that number is 0.37. This implies an EPS growth rate of 31.49% for this year and 14.49% for next year. EPS is expected to grow by 22.25% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.85%.
Float and Shares Shorts:
At present, 1.82 billion CVE shares are outstanding with a float of 1.27 billion shares on hand for trading. On 2025-02-28, short shares totaled 21.61 million, which was 119.00000000000001 higher than short shares on 1738281600. In addition to Mr. Alexander J. Pourbaix as the firm’s Executive Chair, Mr. Jonathan M. McKenzie CA serves as its President, CEO & Non-Independent Director.
Institutional Ownership:
Through their ownership of 0.50301 of CVE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, CVE reported revenue of $15195000000.0 and operating income of $841000000.0. The EBITDA in the recently reported quarter was $2023000000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CVE since 6 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CVE analysts setting a high price target of 23.92 and a low target of 17.63, the average target price over the next 12 months is 20.18333. Based on these targets, CVE could surge 83.01% to reach the target high and rise by 34.89% to reach the target low. Reaching the average price target will result in a growth of 54.42% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.15709 being high and $1.72021 being low. For CVE, this leads to a yearly average estimate of $1.85673. Based on analyst estimates, the high estimate for the next quarter is $0.26 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.26.
