NYSE:CIVI Civitas Resources (CIVI) Stock Price, News & Analysis → The only financial event in 2024 that matters (From Porter & Company) (Ad) Free CIVI Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$72.76▼$73.7350-Day Range$17.76▼$17.7652-Week Range$12.10▼$17.89Volume1.23 million shsAverage Volume1.48 million shsMarket Capitalization$7.36 billionP/E Ratio8.95Dividend Yield2.72%Price Target$99.13 Stock AnalysisStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrendsStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrends Get Civitas Resources alerts: Email Address Civitas Resources MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside34.8% Upside$99.13 Price TargetShort InterestHealthy3.54% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth16.86%From $11.98 to $14.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.78 out of 5 starsOils/Energy Sector6th out of 241 stocksCrude Petroleum & Natural Gas Industry2nd out of 74 stocks 4.5 Analyst's Opinion Consensus RatingCivitas Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCivitas Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Civitas Resources' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.54% of the float of Civitas Resources has been sold short.Short Interest Ratio / Days to CoverCivitas Resources has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Civitas Resources has recently decreased by 5.64%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldCivitas Resources pays a meaningful dividend of 2.76%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCivitas Resources has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Civitas Resources is 24.33%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Civitas Resources will have a dividend payout ratio of 14.29% next year. This indicates that Civitas Resources will be able to sustain or increase its dividend.Read more about Civitas Resources' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CIVI. Previous Next 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 4 news articles for Civitas Resources this week, compared to 4 articles on an average week.Search Interest18 people have searched for CIVI on MarketBeat in the last 30 days. This is an increase of 260% compared to the previous 30 days.MarketBeat Follows5 people have added Civitas Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Civitas Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% of the stock of Civitas Resources is held by insiders.Percentage Held by Institutions94.55% of the stock of Civitas Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Civitas Resources' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Civitas Resources are expected to grow by 16.86% in the coming year, from $11.98 to $14.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Civitas Resources is 8.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Civitas Resources is 8.95, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.42.Price to Book Value per Share RatioCivitas Resources has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Civitas Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe only financial event in 2024 that matters Man Who Predicted 2008 Crash Warns of Black Swan Financial Event in 2024 Porter Stansberry’s new documentary is going viral.Stream the documentary for free by clicking here About Civitas Resources Stock (NYSE:CIVI)Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. As of December 31,2021, it had proved reserves 397.7 MMBoe comprising 143.6 MMbbls of crude oil, 106.0 MMbbls of natural gas liquids, and 888.5 Bcf of natural gas. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado.Read More Ad Porter & CompanyThe only financial event in 2024 that matters Man Who Predicted 2008 Crash Warns of Black Swan Financial Event in 2024 Porter Stansberry’s new documentary is going viral.Stream the documentary for free by clicking here CIVI Stock News HeadlinesMay 31 at 9:10 AM | 247wallst.comWant $10,000 In Passive Income? Invest $20,000 Into These 5 Dividend StocksMay 30 at 6:00 AM | investorplace.comHow Bold Are You? 7 High-Growth Stocks to Buy for Daring Investors.May 29 at 6:08 PM | msn.com2024 is being called ‘the year of the dividend.’ These 5 stocks keep on giving.May 15, 2024 | businesswire.comCivitas Resources, Inc. Announces Pricing of Secondary Public Offering of Common Stock By An Affiliate of Canada Pension Plan Investment BoardMay 15, 2024 | businesswire.comCivitas Resources, Inc. Announces Secondary Public Offering of Common Stock By An Affiliate of Canada Pension Plan Investment BoardMay 13, 2024 | markets.businessinsider.comWhat Analysts Are Saying About Civitas Resources StockMay 9, 2024 | incomeinvestors.com8%-Yield Civitas Resources Stock Could Have 38% UpsideMay 7, 2024 | 247wallst.comFor $10,000 in Passive Income, Invest $7,500 in These 12 Dividend StocksMay 6, 2024 | businesswire.comIOG Resources II Announces AcquisitionMay 4, 2024 | msn.comCivitas Resources, Inc. (NYSE:CIVI) Q1 2024 Earnings Call TranscriptMay 4, 2024 | finance.yahoo.comCivitas Resources First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 3, 2024 | markets.businessinsider.comCivitas Resources: Strong Production Outlook and Aggressive Capital Returns Justify Buy RatingMay 3, 2024 | marketwatch.comCivitas Resources Sees Flat 2Q Oil, Equivalent Sales, Higher 2H -- Energy CommentMay 3, 2024 | investorplace.comCIVI Stock Earnings: Civitas Resources Misses EPS, Beats Revenue for Q1 2024May 2, 2024 | msn.comCivitas Resources GAAP EPS of $1.74 misses by $0.89, revenue of $1.33B beats by $50MMay 2, 2024 | businesswire.comCivitas Resources, Inc. Announces Share Repurchase from VitolMay 2, 2024 | businesswire.comCivitas Resources Reports First Quarter 2024 ResultsMay 2, 2024 | markets.businessinsider.comHess Corporation: Hold Rating Maintained Amid Chevron Acquisition Uncertainty and Solid PerformanceApril 25, 2024 | fool.comThese Are Billionaires’ Favorite Energy StocksApril 24, 2024 | markets.businessinsider.comTruist Financial Keeps Their Buy Rating on Matador Resources (MTDR)April 23, 2024 | bizjournals.comDenver oil company sues Colorado agency over well-drilling permit rejectionApril 22, 2024 | markets.businessinsider.comExpert Outlook: Civitas Resources Through The Eyes Of 7 AnalystsApril 16, 2024 | finance.yahoo.comInvestors in Civitas Resources (NYSE:CIVI) have seen impressive returns of 294% over the past five yearsApril 9, 2024 | msn.com3 Best Stocks to Buy Now, 4/9/2024, According to Top AnalystsApril 9, 2024 | markets.businessinsider.comBuy Rating Reaffirmed for Civitas Resources with Strategic Acquisitions Driving Valuation and Top Pick DesignationSee More Headlines Receive CIVI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Civitas Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Last Earnings5/02/2024Today6/01/2024Ex-Dividend for 6/26 Dividend6/12/2024Dividend Payable6/26/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CIVI CUSIPN/A CIK1608638 Webcivitas-solutions.com Phone617-790-4800Fax720-305-0804Employees23,600Year FoundedN/APrice Target and Rating Average Stock Price Target$99.13 High Stock Price Target$106.00 Low Stock Price Target$90.00 Potential Upside/Downside+34.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$8.22 Trailing P/E Ratio8.95 Forward P/E Ratio6.14 P/E GrowthN/ANet Income$784.29 million Net Margins18.25% Pretax Margin22.70% Return on Equity12.69% Return on Assets5.81% Debt Debt-to-Equity Ratio0.67 Current Ratio0.37 Quick Ratio0.37 Sales & Book Value Annual Sales$3.48 billion Price / Sales2.12 Cash Flow$21.26 per share Price / Cash Flow3.46 Book Value$66.29 per share Price / Book1.11Miscellaneous Outstanding Shares100,090,000Free Float99,540,000Market Cap$7.36 billion OptionableOptionable Beta1.54 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for June 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMs. Marianella Foschi (Age 33)Chief Financial Officer Comp: $532.23kMs. Sandra Kay Garbiso (Age 42)Chief Accounting Officer & Treasurer Comp: $546.41kMr. Eric Thomas Greager (Age 51)Technical Consultant Comp: $1.07MMr. M. Christopher Doyle (Age 49)Pres, CEO & Director Mr. Matthew R. Owens (Age 36)Chief Operating Officer John WrenDirector of Fin., Planning & Investor RelationsMr. Travis L. Counts (Age 44)Chief Legal Officer & Sec. Mr. Brian D. Cain (Age 41)Chief Sustainability Officer Mr. Brian T. KuckSr. VP of Corp. Planning & Bus. Devel.Mr. Clinton Bradley Johnson (Age 50)Sr. VP of Asset Devel. More ExecutivesKey CompetitorsCoterra EnergyNYSE:CTRAWoodside Energy GroupNYSE:WDSEQTNYSE:EQTMarathon OilNYSE:MROOvintivNYSE:OVVView All CompetitorsInsiders & InstitutionsDelphi Management Inc. MABought 15,492 shares on 5/21/2024Ownership: 0.023%EMC Capital ManagementBought 4,361 shares on 5/20/2024Ownership: 0.008%Comerica BankSold 859 shares on 5/17/2024Ownership: 0.037%Tidal Investments LLCSold 533 shares on 5/17/2024Ownership: 0.013%Innealta Capital LLCBought 451 shares on 5/17/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions CIVI Stock Analysis - Frequently Asked Questions Should I buy or sell Civitas Resources stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Civitas Resources in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CIVI shares. View CIVI analyst ratings or view top-rated stocks. What is Civitas Resources' stock price target for 2024? 9 Wall Street research analysts have issued 12 month price objectives for Civitas Resources' shares. Their CIVI share price targets range from $90.00 to $106.00. On average, they predict the company's share price to reach $99.13 in the next year. This suggests a possible upside of 34.8% from the stock's current price. View analysts price targets for CIVI or view top-rated stocks among Wall Street analysts. Are investors shorting Civitas Resources? Civitas Resources saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,010,000 shares, a drop of 5.6% from the April 30th total of 3,190,000 shares. Based on an average daily trading volume, of 1,510,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 3.5% of the company's stock are sold short. View Civitas Resources' Short Interest. When is Civitas Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our CIVI earnings forecast. How were Civitas Resources' earnings last quarter? Civitas Resources, Inc. (NYSE:CIVI) posted its quarterly earnings data on Thursday, May, 2nd. The company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $2.51 by $0.77. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.29 billion. Civitas Resources had a net margin of 18.25% and a trailing twelve-month return on equity of 12.69%. The business's revenue for the quarter was up 102.6% compared to the same quarter last year. During the same period in the prior year, the business posted $2.16 earnings per share. How often does Civitas Resources pay dividends? What is the dividend yield for Civitas Resources? Civitas Resources declared a quarterly dividend on Thursday, May 2nd. Investors of record on Wednesday, June 12th will be given a dividend of $0.50 per share on Wednesday, June 26th. This represents a $2.00 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Wednesday, June 12th. Read our dividend analysis for CIVI. Is Civitas Resources a good dividend stock? Civitas Resources (NYSE:CIVI) pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.76%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIVI will have a dividend payout ratio of 14.29% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CIVI. What ETFs hold Civitas Resources' stock? ETFs with the largest weight of Civitas Resources (NYSE:CIVI) stock in their portfolio include SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Dorsey Wright Energy Momentum ETF (PXI), Invesco S&P MidCap 400 GARP ETF (EWMC), Invesco S&P MidCap 400 GARP ETF (GRPM), First Trust Natural Gas ETF (FCG), Grizzle Growth ETF (GRZZ), Grizzle Growth ETF (DARP) and Invesco S&P MidCap Value with Momentum ETF (XMVM). What other stocks do shareholders of Civitas Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Civitas Resources investors own include Allena Pharmaceuticals (ALNA), Galmed Pharmaceuticals (GLMD), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Corbus Pharmaceuticals (CRBP), ImmunoGen (IMGN), Melinta Therapeutics (MLNT), NVIDIA (NVDA), VBI Vaccines (VBIV) and Aduro Biotech (ADRO). Who are Civitas Resources' major shareholders? Civitas Resources' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.02%), Donald Smith & CO. Inc. (2.01%), Principal Financial Group Inc. (1.08%), Invenomic Capital Management LP (0.39%), Leeward Investments LLC MA (0.26%) and Bessemer Group Inc. (0.24%). Insiders that own company stock include Brant Demuth, Brian Cain, Canada Pension Plan Investment, Dean Tinsley, Iv Cyrus D Marter, Kimmeridge Energy Management C, M Christopher Doyle, Paul Keglevic, Sandra Garbiso and Travis L Counts. View institutional ownership trends. This page (NYSE:CIVI) was last updated on 6/1/2024 by MarketBeat.com Staff From Our PartnersDems have chosen Biden replacement?Paradigm PressTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProShocking: One AI startup's revenue could surge 4,735%Manward PressMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceNvidia has Apple and Microsoft within striking rangeWeiss RatingsDon’t buy a single NVIDIA share before you see this...Behind the MarketsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Civitas Resources, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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