CVR Partners (NYSE:UAN) Announces Quarterly Earnings Results

CVR Partners (NYSE:UANGet Free Report) announced its quarterly earnings results on Wednesday. The basic materials company reported $7.33 earnings per share for the quarter, FiscalAI reports. The company had revenue of $202.19 million during the quarter. CVR Partners had a return on equity of 40.08% and a net margin of 18.89%.

CVR Partners Trading Down 0.1%

Shares of CVR Partners stock opened at $121.70 on Thursday. The firm has a market capitalization of $1.29 billion, a PE ratio of 10.58 and a beta of 0.15. CVR Partners has a twelve month low of $84.13 and a twelve month high of $139.50. The firm’s 50-day moving average price is $116.94 and its 200 day moving average price is $118.68. The company has a current ratio of 2.75, a quick ratio of 1.86 and a debt-to-equity ratio of 1.83.

CVR Partners Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 10th will be given a dividend of $6.08 per share. This is a boost from CVR Partners’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, August 10th. This represents a $24.32 annualized dividend and a dividend yield of 20.0%. CVR Partners’s payout ratio is currently 139.13%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UAN. Weiss Ratings raised CVR Partners from a “hold (c)” rating to a “buy (b)” rating in a research note on Thursday, May 14th. Wall Street Zen raised shares of CVR Partners from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

Read Our Latest Report on UAN

Institutional Investors Weigh In On CVR Partners

Several large investors have recently bought and sold shares of the company. Luken Investment Analytics LLC acquired a new position in shares of CVR Partners during the fourth quarter valued at approximately $41,000. NewEdge Advisors LLC boosted its stake in shares of CVR Partners by 33.3% in the fourth quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 139 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of CVR Partners by 1,888.6% in the second quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company’s stock worth $78,000 after acquiring an additional 831 shares during the last quarter. Tucker Asset Management LLC purchased a new stake in shares of CVR Partners during the fourth quarter worth approximately $100,000. Finally, State of Tennessee Department of Treasury purchased a new stake in shares of CVR Partners during the fourth quarter worth approximately $165,000. 43.83% of the stock is currently owned by hedge funds and other institutional investors.

About CVR Partners

(Get Free Report)

CVR Partners, L.P. (NYSE: UAN) is a publicly traded master limited partnership focused on the production and marketing of nitrogen fertilizer products. Headquartered in Sugar Land, Texas, the partnership owns and operates two nitrogen fertilizer plants in Coffeyville, Kansas, where it manufactures ammonia, granular urea, and urea ammonium nitrate (UAN) solutions. These products are essential nutrients for a wide range of row and specialty crops, helping growers optimize yield and soil fertility across diverse agricultural applications.

The partnership’s operations center on two integrated facilities connected by pipeline, rail and trucking infrastructure, enabling efficient logistics and year-round production.

Further Reading

Earnings History for CVR Partners (NYSE:UAN)

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