Capital One Financial Has Positive View of CRC Q4 Earnings

Key Points

• Capital One Financial has upgraded its Q4 2025 earnings per share estimate for California Resources Corporation to $0.86, increasing from a prior estimate of $0.77.
• Mizuho raised its target price for California Resources from $61.00 to $64.00, while Bank of America decreased theirs from $64.00 to $50.00, indicating mixed market sentiment.
• California Resources announced a quarterly dividend of $0.3875 per share, reflecting an annualized dividend yield of 3.2% with a payout ratio of 21.17%.

California Resources Corporation (NYSE:CRC - Free Report) - Equities researchers at Capital One Financial increased their Q4 2025 earnings per share (EPS) estimates for shares of California Resources in a note issued to investors on Thursday, August 21st. Capital One Financial analyst P. Johnston now forecasts that the oil and gas producer will post earnings of $0.86 per share for the quarter, up from their previous estimate of $0.77. The consensus estimate for California Resources' current full-year earnings is $3.85 per share. Capital One Financial also issued estimates for California Resources' Q1 2026 earnings at $0.73 EPS, Q2 2026 earnings at $0.69 EPS, Q3 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.82 EPS, FY2026 earnings at $3.06 EPS and FY2027 earnings at $3.10 EPS.

Several other research analysts have also recently commented on the company. Truist Financial raised California Resources to a "strong-buy" rating in a research note on Tuesday, May 6th. Wall Street Zen cut California Resources from a "buy" rating to a "hold" rating in a research note on Sunday, June 29th. Roth Capital reissued a "buy" rating on shares of California Resources in a research note on Saturday, July 19th. JPMorgan Chase & Co. raised California Resources from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $60.00 to $63.00 in a research note on Tuesday, July 15th. Finally, UBS Group boosted their target price on California Resources from $61.00 to $63.00 and gave the stock a "buy" rating in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $63.00.

California Resources Stock Up 3.6%

CRC traded up $1.7430 on Friday, hitting $49.8330. 672,710 shares of the company were exchanged, compared to its average volume of 875,287. California Resources has a twelve month low of $30.97 and a twelve month high of $60.41. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 6.81 and a beta of 1.16. The company has a current ratio of 0.78, a quick ratio of 0.68 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average price of $47.70 and a two-hundred day moving average price of $43.74.

California Resources (NYSE:CRC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The oil and gas producer reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.19. The firm had revenue of $978.00 million for the quarter, compared to the consensus estimate of $820.93 million. California Resources had a return on equity of 11.95% and a net margin of 16.14%.The company's quarterly revenue was up 90.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.60 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Larson Financial Group LLC boosted its position in shares of California Resources by 269.4% during the 1st quarter. Larson Financial Group LLC now owns 639 shares of the oil and gas producer's stock worth $28,000 after acquiring an additional 466 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of California Resources by 68.8% during the 1st quarter. Harbor Capital Advisors Inc. now owns 775 shares of the oil and gas producer's stock worth $34,000 after acquiring an additional 316 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of California Resources during the 2nd quarter worth about $35,000. Nomura Asset Management Co. Ltd. boosted its position in shares of California Resources by 97.9% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 930 shares of the oil and gas producer's stock valued at $42,000 after purchasing an additional 460 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in shares of California Resources by 242.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,476 shares of the oil and gas producer's stock valued at $67,000 after purchasing an additional 1,045 shares during the period. 97.79% of the stock is owned by institutional investors and hedge funds.

California Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Wednesday, August 27th will be given a dividend of $0.3875 per share. This represents a $1.55 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, August 27th. California Resources's dividend payout ratio is currently 21.17%.

About California Resources

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities.