Top-Rated Dividend StocksTop-Rated DividendNYSE:CRGY Crescent Energy (CRGY) Stock Price, News & Analysis → His win rate puts Warren Buffett to shame… (From Investing Daily) (Ad) Free crgy Stock Alerts $10.83 +0.08 (+0.74%) (As of 04/26/2024 08:52 PM ET) Add Compare Share Share Today's Range$10.63▼$10.8450-Day Range$10.64▼$12.0052-Week Range$9.17▼$14.22Volume957,600 shsAverage Volume1.34 million shsMarket Capitalization$1.95 billionP/E Ratio8.40Dividend Yield4.43%Price Target$16.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Crescent Energy alerts: Email Address Crescent Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.2% Upside$16.38 Price TargetShort InterestBearish11.02% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.81Based on 5 Articles This WeekInsider TradingSelling Shares$136.21 M Sold Last QuarterProj. Earnings Growth62.50%From $1.28 to $2.08 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.4.85 out of 5 starsOils/Energy Sector5th out of 226 stocksCrude Petroleum & Natural Gas Industry1st out of 76 stocks 4.5 Analyst's Opinion Consensus RatingCrescent Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageCrescent Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.02% of the float of Crescent Energy has been sold short.Short Interest Ratio / Days to CoverCrescent Energy has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in Crescent Energy has recently decreased by 3.34%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCrescent Energy is a leading dividend payer. It pays a dividend yield of 4.43%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrescent Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Crescent Energy is 37.21%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Crescent Energy will have a dividend payout ratio of 23.08% next year. This indicates that Crescent Energy will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CRGY. Previous Next 2.7 News and Social Media Coverage News SentimentCrescent Energy has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Crescent Energy this week, compared to 3 articles on an average week.Search InterestOnly 18 people have searched for CRGY on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Crescent Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Crescent Energy insiders have sold 2,518,967.87% more of their company's stock than they have bought. Specifically, they have bought $5,407.00 in company stock and sold $136,206,000.00 in company stock.Percentage Held by Insiders13.20% of the stock of Crescent Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions52.11% of the stock of Crescent Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Crescent Energy are expected to grow by 62.50% in the coming year, from $1.28 to $2.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Energy is 8.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Energy is 8.40, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.53.Price to Book Value per Share RatioCrescent Energy has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Investing DailyHis win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.Click here now for the full story. About Crescent Energy Stock (NYSE:CRGY)Crescent Energy Company, an energy company, acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. The company holds a portfolio of oil and natural gas assets in key proven regions, including Eagle Ford and Uinta basins. The company is based in Houston, Texas.Read More CRGY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRGY Stock News HeadlinesApril 25, 2024 | msn.comCrescent Energy (CRGY) Stock Moves -0.19%: What You Should KnowApril 23, 2024 | businesswire.comCrescent Energy Schedules First Quarter 2024 Earnings Release and Conference CallApril 29, 2024 | Investing Daily (Ad)His win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.April 23, 2024 | americanbankingnews.comCrescent Energy (NYSE:CRGY) Price Target Raised to $20.00April 19, 2024 | markets.businessinsider.comCautious Optimism: Upholding Hold Rating on Crescent Energy Amid Strategic Efforts and Financial ProjectionsApril 6, 2024 | finance.yahoo.comIs Crescent Energy Company (NYSE:CRGY) Trading At A 36% Discount?March 28, 2024 | msn.comEnCap Investments seeks sale of Utah oil producer XCL Resources, sources sayMarch 26, 2024 | businesswire.comCrescent Energy Announces Expiration and Results of Its Tender Offer for Its 7.250% Senior Notes Due 2026April 29, 2024 | Investing Daily (Ad)His win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.March 22, 2024 | markets.businessinsider.comAnalyst Scoreboard: 4 Ratings For Crescent EnergyMarch 20, 2024 | investorplace.comShhh! 7 Small-Cap Stocks That Can Double by 2025March 19, 2024 | msn.comCrescent Energy announces pricing of $700M private placement of 7.625% senior notesMarch 19, 2024 | finance.yahoo.comCrescent Energy Announces Pricing of $700 Million Private Placement of 7.625% Senior Notes Due 2032March 19, 2024 | businesswire.comCrescent Energy Announces Tender Offer for Its 7.250% Senior Notes due 2026March 19, 2024 | businesswire.comCrescent Energy Announces Offering of $700 Million Private Placement of Senior Notes Due 2032March 16, 2024 | finance.yahoo.comCRGY Apr 2024 7.500 putMarch 11, 2024 | benzinga.comWednesday Is Your Last Chance To Buy Crescent Energy Before The Dividend PayoutMarch 7, 2024 | seekingalpha.comCrescent Energy Company (CRGY) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | msn.comCrescent Energy Company (NYSE:CRGY) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | markets.businessinsider.comCrescent Energy: Hold Rating Maintained Amid Capital Efficiency and Shareholder Returns Versus Leverage ConcernsMarch 7, 2024 | msn.comCrescent Energy announces pricing of secondary public offeringMarch 6, 2024 | msn.comCrescent Energy says selling stockholders offering 12M Class A sharesMarch 6, 2024 | businesswire.comCrescent Energy Company Announces Pricing of Secondary Public Offering of Common Stock and Agreement to Repurchase OpCo UnitsMarch 6, 2024 | businesswire.comCrescent Energy Company Announces Secondary Public Offering of Common Stock and Intention to Repurchase OpCo UnitsMarch 6, 2024 | seekingalpha.comCrescent Energy: The Beginning Of A Lot Of Potential GainsMarch 6, 2024 | gurufocus.comQ4 2023 Crescent Energy Co Earnings Call TranscriptMarch 5, 2024 | markets.businessinsider.comBuy Rating Affirmed for Crescent Energy on Solid Q4 Performance and Positive FY24 OutlookSee More Headlines Receive CRGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crescent Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/04/2024Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Today4/28/2024Next Earnings (Confirmed)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CRGY CUSIPN/A CIK1866175 Webwww.contango.com Phone713-337-4600Fax713-236-4424EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$16.38 High Stock Price Target$20.00 Low Stock Price Target$13.00 Potential Upside/Downside+51.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.29 Trailing P/E Ratio8.40 Forward P/E Ratio8.46 P/E GrowthN/ANet Income$67.61 million Net Margins2.84% Pretax Margin14.49% Return on Equity13.30% Return on Assets2.94% Debt Debt-to-Equity Ratio0.98 Current Ratio0.82 Quick Ratio0.82 Sales & Book Value Annual Sales$2.38 billion Price / Sales0.82 Cash Flow$4.92 per share Price / Cash Flow2.20 Book Value$9.65 per share Price / Book1.12Miscellaneous Outstanding Shares179,660,000Free Float155,942,000Market Cap$1.95 billion OptionableOptionable Beta2.24 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. David C. Rockecharlie (Age 52)CEO & Director Mr. John Clayton Rynd (Age 33)Executive Vice President of Investments Mr. Bo Shi (Age 35)General Counsel & Corporate Secretary Comp: $878.92kMs. Brandi Kendall (Age 38)CFO, Investor Relations & Director Mr. Todd N. Falk (Age 43)Chief Accounting Officer Key CompetitorsPar PacificNYSE:PARRVermilion EnergyNYSE:VETVital EnergyNYSE:VTLEAtlas Energy SolutionsNYSE:AESIKimbell Royalty PartnersNYSE:KRPView All CompetitorsInsiders & InstitutionsSeven Grand Managers LLCBought 400,000 shares on 4/23/2024Ownership: 0.223%CFM Wealth Partners LLCSold 3,973 shares on 4/15/2024Ownership: 0.027%Sunbelt Securities Inc.Sold 124,818 shares on 4/15/2024Ownership: 0.016%GAMMA Investing LLCBought 2,934 shares on 4/5/2024Ownership: 0.003%Northside Capital Management LLCBought 374,204 shares on 4/4/2024Ownership: 0.208%View All Insider TransactionsView All Institutional Transactions CRGY Stock Analysis - Frequently Asked Questions Should I buy or sell Crescent Energy stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crescent Energy in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CRGY shares. View CRGY analyst ratings or view top-rated stocks. What is Crescent Energy's stock price target for 2024? 7 brokerages have issued 12-month target prices for Crescent Energy's shares. Their CRGY share price targets range from $13.00 to $20.00. On average, they anticipate the company's share price to reach $16.38 in the next twelve months. This suggests a possible upside of 51.2% from the stock's current price. View analysts price targets for CRGY or view top-rated stocks among Wall Street analysts. How have CRGY shares performed in 2024? Crescent Energy's stock was trading at $13.21 at the beginning of 2024. Since then, CRGY stock has decreased by 18.0% and is now trading at $10.83. View the best growth stocks for 2024 here. Are investors shorting Crescent Energy? Crescent Energy saw a increase in short interest in March. As of March 15th, there was short interest totaling 9,640,000 shares, an increase of 6.2% from the February 29th total of 9,080,000 shares. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is currently 8.5 days. Approximately 11.9% of the shares of the stock are sold short. View Crescent Energy's Short Interest. When is Crescent Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our CRGY earnings forecast. How can I listen to Crescent Energy's earnings call? Crescent Energy will be holding an earnings conference call on Tuesday, May 7th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Crescent Energy's earnings last quarter? Crescent Energy (NYSE:CRGY) issued its earnings results on Monday, March, 4th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.37. The business earned $657.73 million during the quarter, compared to the consensus estimate of $584.12 million. Crescent Energy had a net margin of 2.84% and a trailing twelve-month return on equity of 13.30%. How often does Crescent Energy pay dividends? What is the dividend yield for Crescent Energy? Crescent Energy declared a quarterly dividend on Monday, March 4th. Shareholders of record on Friday, March 15th will be given a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 annualized dividend and a dividend yield of 4.43%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for CRGY. Is Crescent Energy a good dividend stock? Crescent Energy (NYSE:CRGY) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.43%. CRGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRGY will have a dividend payout ratio of 23.08% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CRGY. What ETFs hold Crescent Energy's stock? ETFs with the largest weight of Crescent Energy (NYSE:CRGY) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), First Trust Dow Jones Select Microcap Index Fund (FDM), EA Bridgeway Omni Small-Cap Value ETF (BSVO), First Trust Natural Gas ETF (FCG) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP).iShares U.S. Oil & Gas Exploration & Production ETF (IEO). Who are Crescent Energy's major shareholders? Crescent Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Seven Grand Managers LLC (0.22%), Northside Capital Management LLC (0.21%), CFM Wealth Partners LLC (0.03%), Sunbelt Securities Inc. (0.02%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Benjamin Conner, Brandi Kendall, David C Rockecharlie, Energy Aggregator Independence, John Clayton Rynd, Karen Jo Simon, Kkr Group Partnership LP, Retirement System Of T Teacher and Todd Falk. View institutional ownership trends. How do I buy shares of Crescent Energy? Shares of CRGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CRGY) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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