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Cenovus Energy (NYSE:CVE) issued its quarterly earnings data on Wednesday. The company reported $0.13 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.45 by $0.32, American Banking News reports. During the same quarter last year, the company posted ($0.25) earnings per share.

A number of research firms have recently commented on CVE. Analysts at TD Securities downgraded shares of Cenovus Energy from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. On a related note, analysts at Canaccord Genuity downgraded shares of Cenovus Energy from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Finally, analysts at Scotiabank downgraded shares of Cenovus Energy from a “focus list” rating to an “outperform” rating in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $36.24.

Cenovus Energy (NYSE:CVE) opened at 25.94 on Wednesday. Cenovus Energy has a 1-year low of $25.67 and a 1-year high of $32.63. The stock’s 50-day moving average is $26.79 and its 200-day moving average is $28.60. The company has a market cap of $18.807 billion and a P/E ratio of 29.18.

The company also recently declared a quarterly dividend, which is scheduled for Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.2407 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend is Wednesday, March 12th.

Cenovus Energy Inc (NYSE:CVE) is an integrated oil company.

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