Brokers Issue Forecasts for 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) - Equities research analysts at William Blair issued their FY2026 EPS estimates for Crescent Energy in a report released on Tuesday, September 2nd. William Blair analyst N. Dingmann expects 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.

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

A number of other research analysts have also recently commented on CRGY. Mizuho cut their price target on shares of Crescent Energy from $13.00 to $12.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Piper Sandler upped their price target on shares of Crescent Energy from $14.00 to $15.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Zacks Research cut shares of Crescent Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. Raymond James Financial set a $17.00 price target on shares of Crescent Energy and gave the stock a "strong-buy" rating in a report on Wednesday, August 27th. Finally, Wall Street Zen upgraded shares of Crescent Energy from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $16.00.

Crescent Energy Trading Down 5.2%

Shares of NYSE CRGY traded down $0.49 during mid-day trading on Friday, reaching $8.76. The company had a trading volume of 7,781,449 shares, compared to its average volume of 4,528,925. The business's 50-day moving average is $9.17 and its 200-day moving average is $9.44. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.75. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of -48.64 and a beta of 1.98. Crescent Energy has a 52 week low of $6.83 and a 52 week high of $16.94.

Institutional Trading of Crescent Energy

Hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. lifted its stake in Crescent Energy by 7.4% in the first quarter. Principal Financial Group Inc. now owns 910,171 shares of the company's stock worth $10,230,000 after acquiring an additional 62,622 shares during the period. Amalgamated Bank lifted its position in shares of Crescent Energy by 3.0% during the first quarter. Amalgamated Bank now owns 51,467 shares of the company's stock valued at $578,000 after buying an additional 1,506 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of Crescent Energy during the first quarter valued at about $3,355,000. Victory Capital Management Inc. lifted its position in shares of Crescent Energy by 12.4% during the first quarter. Victory Capital Management Inc. now owns 849,692 shares of the company's stock valued at $9,551,000 after buying an additional 93,690 shares during the last quarter. Finally, KBC Group NV purchased a new stake in shares of Crescent Energy during the first quarter valued at about $117,000. 52.11% of the stock is owned by hedge funds and other institutional investors.

Crescent Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 18th were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $0.48 dividend on an annualized basis and a yield of 5.5%. Crescent Energy's dividend 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.