Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) Stock Forecast, Price & News

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's stock was trading at $6.69 at the beginning of the year. Since then, CRESY shares have decreased by 0.7% and is now trading at $6.64.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 10th 2023.
View our CRESY earnings forecast.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) posted its earnings results on Friday, May, 13th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by $0.05. The business had revenue of $1.26 billion for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a trailing twelve-month return on equity of 10.60% and a net margin of 21.82%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria announced a Variable dividend on Tuesday, May 23rd. Stockholders of record on Thursday, June 1st will be given a dividend of $0.312 per share on Tuesday, June 6th. The ex-dividend date is Wednesday, May 31st.
Read our dividend analysis for CRESY.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 6.49%. CRESY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 14.10%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CRESY.

6 employees have rated Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Chief Executive Officer Alejandro G. Elsztain on Glassdoor.com. Alejandro G. Elsztain has an approval rating of 100% among the company's employees. This puts Alejandro G. Elsztain in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 81.0% of employees surveyed would recommend working at Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria to a friend.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria trades on the NASDAQ under the ticker symbol "CRESY."

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's stock is owned by many different institutional and retail investors. Top institutional investors include 683 Capital Management LLC (2.31%), Helikon Investments Ltd (0.82%), Credit Suisse AG (0.66%), Mirae Asset Global Investments Co. Ltd. (0.21%), Sei Investments Co. (0.15%) and Citigroup Inc. (0.11%).

Shares of CRESY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CRESY stock can currently be purchased for approximately $6.64.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) has a market capitalization of $401.79 million and generates $825.69 million in revenue each year. The company earns $183.10 million in net income (profit) each year or $3.1196 on an earnings per share basis.

The company employs 2,750 workers across the globe.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's mailing address is Moreno 877 23rd Floor, Buenos Aires C1, C1091AAQ. The official website for the company is www.cresud.com.ar. The company can be reached via phone at 541148147800, via email at ir@cresud.com, or via fax at 54-11-4814-7800.