William Blair Comments on Crescent Energy FY2026 Earnings

Key Points

• William Blair predicts Crescent Energy will achieve earnings per share of $0.80 for FY2026, slightly above the consensus estimate of $0.77.
• Multiple analysts have given mixed ratings and adjusted price targets, with the average target price set at $16.00.
• Crescent Energy recently declared a quarterly dividend of $0.12, contributing to an annualized dividend yield of 5.2%.

Crescent Energy Company (NYSE:CRGY - Free Report) - Stock analysts at William Blair issued their FY2026 earnings estimates for shares of Crescent Energy in a research report issued to clients and investors on Tuesday, September 2nd. William Blair analyst N. Dingmann forecasts that the company will post earnings of $0.80 per share for the year. William Blair has a "Outperform" rating on the stock. The consensus estimate for Crescent Energy's current full-year earnings is $0.77 per share. William Blair also issued estimates for Crescent Energy's FY2027 earnings at $1.57 EPS, FY2028 earnings at $1.93 EPS and FY2029 earnings at $2.00 EPS.

Other research analysts have also recently issued research reports about the stock. Wells Fargo & Company dropped their price target on shares of Crescent Energy from $20.00 to $19.00 and set an "overweight" rating on the stock in a research note on Monday, June 16th. Zacks Research cut shares of Crescent Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Mizuho dropped their price target on shares of Crescent Energy from $13.00 to $12.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Wall Street Zen upgraded shares of Crescent Energy from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Finally, Piper Sandler lifted their target price on shares of Crescent Energy from $14.00 to $15.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Crescent Energy has a consensus rating of "Moderate Buy" and a consensus target price of $16.00.

Crescent Energy Stock Performance

Shares of Crescent Energy stock traded up $0.39 on Friday, hitting $8.61. 4,759,907 shares of the company's stock were exchanged, compared to its average volume of 3,661,335. The company has a 50-day simple moving average of $9.15 and a 200-day simple moving average of $9.39. The stock has a market capitalization of $2.19 billion, a PE ratio of -47.75 and a beta of 1.98. Crescent Energy has a 1 year low of $6.83 and a 1 year high of $16.94. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.88 and a current ratio of 0.88.

Crescent Energy (NYSE:CRGY - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.20. The business had revenue of $897.98 million during the quarter, compared to the consensus estimate of $868.34 million. Crescent Energy had a net margin of 0.67% and a return on equity of 13.35%.

Institutional Trading of Crescent Energy

Several hedge funds have recently bought and sold shares of CRGY. Envestnet Asset Management Inc. purchased a new stake in Crescent Energy in the 4th quarter worth $187,000. Hsbc Holdings PLC lifted its stake in Crescent Energy by 4.3% in the 4th quarter. Hsbc Holdings PLC now owns 18,902 shares of the company's stock worth $276,000 after purchasing an additional 785 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Crescent Energy by 37.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 87,040 shares of the company's stock worth $1,272,000 after purchasing an additional 23,643 shares in the last quarter. Northern Trust Corp lifted its stake in Crescent Energy by 42.1% in the 4th quarter. Northern Trust Corp now owns 1,791,477 shares of the company's stock worth $26,173,000 after purchasing an additional 530,962 shares in the last quarter. Finally, Comerica Bank lifted its stake in Crescent Energy by 2,401.9% in the 4th quarter. Comerica Bank now owns 63,072 shares of the company's stock worth $921,000 after purchasing an additional 60,551 shares in the last quarter. Hedge funds and other institutional investors own 52.11% of the company's stock.

Crescent Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 18th were paid a dividend of $0.12 per share. The ex-dividend date was Monday, August 18th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.6%. Crescent Energy's payout ratio is -266.67%.

Crescent Energy Company Profile

Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers.