Top-Rated Dividend StocksTop-Rated DividendPositive News SentimentPositive NewsNYSE:CPG Crescent Point Energy (CPG) Stock Forecast, Price & News $6.97 +0.03 (+0.43%) (As of 02:22 PM ET) Add Compare Share Share Today's Range$6.89▼$7.0450-Day Range$6.31▼$7.8152-Week Range$5.51▼$10.49Volume2.32 million shsAverage Volume5.19 million shsMarket Capitalization$3.78 billionP/E Ratio9.82Dividend Yield4.16%Price Target$14.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Crescent Point Energy MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside111.6% Upside$14.75 Price TargetShort InterestHealthy1.55% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-9.09%From $1.21 to $1.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.57 out of 5 starsOils/Energy Sector73rd out of 249 stocksCrude Petroleum & Natural Gas Industry38th out of 80 stocks 3.5 Analyst's Opinion Consensus RatingCrescent Point Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.75, Crescent Point Energy has a forecasted upside of 111.6% from its current price of $6.97.Amount of Analyst CoverageCrescent Point Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.55% of the float of Crescent Point Energy has been sold short.Short Interest Ratio / Days to CoverCrescent Point Energy has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Crescent Point Energy has recently increased by 16.39%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCrescent Point Energy is a leading dividend payer. It pays a dividend yield of 4.18%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrescent Point Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Crescent Point Energy is 40.85%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Crescent Point Energy will have a dividend payout ratio of 26.36% next year. This indicates that Crescent Point 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 CPG. Previous Next 2.5 News and Social Media Coverage News SentimentCrescent Point Energy has a news sentiment score of 1.53. 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 0.59 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Crescent Point Energy this week, compared to 3 articles on an average week.Search InterestOnly 33 people have searched for CPG on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Crescent Point Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Crescent Point Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.30% of the stock of Crescent Point Energy is held by insiders.Percentage Held by InstitutionsOnly 32.71% of the stock of Crescent Point Energy is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Crescent Point Energy are expected to decrease by -9.09% in the coming year, from $1.21 to $1.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Point Energy is 9.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Point Energy is 9.82, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.45.Price to Book Value per Share RatioCrescent Point Energy has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Crescent Point Energy (NYSE:CPG) StockCrescent Point Energy Corp. engages in the exploration, development, and production of oil and gas properties. Its focus areas include: Viewfield Bakken, Flat Lake Torquay, and Shaunavon. The company was founded on April 20, 1994 and is headquartered in Calgary, Canada.Read More Receive CPG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crescent Point Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address CPG Stock News HeadlinesMay 30, 2023 | theglobeandmail.comCrescent Point Energy restarts production that was shut in due to Alberta wildfiresMay 30, 2023 | nasdaq.comCrescent Point Energy Reaffirms 2023 Guidance Despite Impact Of Alberta WildfiresJune 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 29, 2023 | finance.yahoo.comCrescent Point Energy Provides Update on Alberta WildfiresMay 21, 2023 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Research Coverage Started at StockNews.comMay 18, 2023 | finance.yahoo.comCrescent Point Announces 2023 Annual Meeting of Shareholders ResultsMay 17, 2023 | insidermonkey.comCrescent Point Energy Corp. (NYSE:CPG) Q1 2023 Earnings Call TranscriptMay 16, 2023 | theglobeandmail.comClosing Bell: Crescent Point Energy Corp down on Tuesday (CPG)June 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 16, 2023 | finance.yahoo.comFires Rage in Canada’s Main Energy Hub, Threatening Region’s Oil ProductionMay 14, 2023 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPSMay 12, 2023 | msn.comRecap: Crescent Point Energy Q1 EarningsMay 12, 2023 | finance.yahoo.comUPDATE 1-Alberta wildfire fighters prepare for hot, dry days aheadMay 12, 2023 | seekingalpha.comCrescent Point Energy Corp. (CPG) Q1 2023 Earnings Call TranscriptMay 12, 2023 | finance.yahoo.comAlberta wildfire fighters prepare for hot, dry days aheadMay 12, 2023 | finanznachrichten.deCrescent Point Energy Corp.: Crescent Point Announces Q1 2023 ResultsMay 12, 2023 | msn.comCrescent Point Energy declares CAD 0.10 dividendMay 12, 2023 | markets.businessinsider.comCrescent Point Energy Q1 EPS Meets ViewMay 12, 2023 | finance.yahoo.comCrescent Point Announces Q1 2023 ResultsMay 10, 2023 | finance.yahoo.comLargo Inc. (LGO) Reports Q1 Loss, Tops Revenue EstimatesMay 9, 2023 | finance.yahoo.comCactus, Inc. (WHD) Q1 Earnings and Revenues Surpass EstimatesMay 8, 2023 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) vs. Hong Kong and China Gas (OTCMKTS:HOKCY) Head-To-Head ComparisonMay 5, 2023 | finance.yahoo.comCrescent Point Announces 2023 Annual Meeting of Shareholders DetailsApril 28, 2023 | americanbankingnews.comFY2023 EPS Estimates for Crescent Point Energy Corp. (NYSE:CPG) Lowered by AnalystApril 28, 2023 | americanbankingnews.comCrescent Point Energy Corp. (NYSE:CPG) to Post Q2 2023 Earnings of $0.31 Per Share, Atb Cap Markets ForecastsApril 26, 2023 | theglobeandmail.comClosing Bell: Crescent Point Energy Corp down on Wednesday (CPG)April 23, 2023 | americanbankingnews.comReviewing Trillion Energy International (OTCMKTS:TCFF) & Crescent Point Energy (NYSE:CPG)See More Headlines CPG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CPG Company Calendar Last Earnings10/28/2021Ex-Dividend for 4/3 Dividend3/14/2023Dividend Payable4/03/2023Today6/09/2023Ex-Dividend for 7/4 Dividend6/14/2023Dividend Payable7/04/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CPG CUSIPN/A CIK1545851 Webwww.crescentpointenergy.com Phone(403) 693-0020Fax403-693-0070Employees748Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.75 High Stock Price Forecast$16.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+112.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.71 Trailing P/E Ratio9.77 Forward P/E Ratio5.74 P/E GrowthN/ANet Income$1.14 billion Net Margins12.59% Pretax Margin14.10% Return on Equity13.81% Return on Assets9.37% Debt Debt-to-Equity Ratio0.15 Current Ratio0.67 Quick Ratio0.67 Sales & Book Value Annual Sales$3.46 billion Price / Sales1.09 Cash Flow$2.65 per share Price / Cash Flow2.62 Book Value$9.06 per share Price / Book0.77Miscellaneous Outstanding Shares542,660,000Free Float541,035,000Market Cap$3.77 billion OptionableOptionable Beta2.24 Key ExecutivesCraig BryksaPresident, Chief Executive Officer & DirectorRyan GritzfeldtChief Operating OfficerKenneth R. LamontChief Financial OfficerJustin ForaieVice President-Engineering & MarketingMark G. EadeSecretary, Senior Vice President & General CounselKey CompetitorsSM EnergyNYSE:SMBlack Stone MineralsNYSE:BSMMagnolia Oil & GasNYSE:MGYViper Energy PartnersNASDAQ:VNOMEnerplusNYSE:ERFView All CompetitorsInstitutional OwnershipToroso Investments LLCBought 52,656 shares on 5/23/2023Ownership: 0.013%Ameriprise Financial Inc.Sold 3,306 shares on 5/22/2023Ownership: 0.003%JPMorgan Chase & Co.Bought 2,872 shares on 5/18/2023Ownership: 0.012%Squarepoint Ops LLCBought 33,326 shares on 5/16/2023Ownership: 0.016%Jane Street Group LLCSold 67,100 shares on 5/16/2023Ownership: 0.000%View All Institutional Transactions CPG Stock - Frequently Asked Questions Should I buy or sell Crescent Point Energy stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CPG shares. View CPG analyst ratings or view top-rated stocks. What is Crescent Point Energy's stock price forecast for 2023? 1 brokers have issued 1 year price objectives for Crescent Point Energy's shares. Their CPG share price forecasts range from $13.00 to $16.00. On average, they predict the company's stock price to reach $14.75 in the next twelve months. This suggests a possible upside of 112.5% from the stock's current price. View analysts price targets for CPG or view top-rated stocks among Wall Street analysts. How have CPG shares performed in 2023? Crescent Point Energy's stock was trading at $7.15 at the beginning of the year. Since then, CPG shares have decreased by 2.9% and is now trading at $6.94. View the best growth stocks for 2023 here. Are investors shorting Crescent Point Energy? Crescent Point Energy saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 8,450,000 shares, an increase of 16.4% from the April 30th total of 7,260,000 shares. Based on an average daily volume of 5,170,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.6% of the company's stock are short sold. View Crescent Point Energy's Short Interest. When is Crescent Point Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our CPG earnings forecast. How were Crescent Point Energy's earnings last quarter? Crescent Point Energy Corp. (NYSE:CPG) announced its quarterly earnings results on Thursday, October, 28th. The oil and gas producer reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.02. The oil and gas producer had revenue of $673.67 million for the quarter, compared to analyst estimates of $683.40 million. Crescent Point Energy had a trailing twelve-month return on equity of 13.81% and a net margin of 12.59%. During the same quarter in the previous year, the firm posted $0.10 earnings per share. How often does Crescent Point Energy pay dividends? What is the dividend yield for Crescent Point Energy? Crescent Point Energy declared a quarterly dividend on Friday, May 12th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.074 per share on Tuesday, July 4th. This represents a $0.30 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend is Wednesday, June 14th. Read our dividend analysis for CPG. What ETFs hold Crescent Point Energy's stock? ETFs with the largest weight of Crescent Point Energy (NYSE:CPG) stock in their portfolio include Dimensional International Small Cap Value ETF (DISV) and iShares International Small Cap Equity Factor ETF (ISCF).iShares North American Natural Resources ETF (IGE). Is Crescent Point Energy a good dividend stock? Crescent Point Energy (NYSE:CPG) pays an annual dividend of $0.29 per share and currently has a dividend yield of 4.18%. CPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPG will have a dividend payout ratio of 26.36% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CPG. What is Craig Bryksa's approval rating as Crescent Point Energy's CEO? 10 employees have rated Crescent Point Energy Chief Executive Officer Craig Bryksa on Glassdoor.com. Craig Bryksa has an approval rating of 67% among the company's employees. What other stocks do shareholders of Crescent Point Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Crescent Point Energy investors own include Baytex Energy (BTE), Lundin Mining (LUN), AltaGas (ALA), Energy Transfer (ET), Cenovus Energy (CVE), Enbridge (ENB), Bank of America (BAC), Coty (COTY) and AMC Entertainment (AMC). What is Crescent Point Energy's stock symbol? Crescent Point Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPG." Who are Crescent Point Energy's major shareholders? Crescent Point Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (5.41%), CIBC Asset Management Inc (2.33%), Acadian Asset Management LLC (2.22%), Dimensional Fund Advisors LP (1.76%), National Bank of Canada FI (1.17%) and Toronto Dominion Bank (1.01%). How do I buy shares of Crescent Point Energy? Shares of CPG 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. Compare Top Brokerages Here. What is Crescent Point Energy's stock price today? One share of CPG stock can currently be purchased for approximately $6.94. How much money does Crescent Point Energy make? Crescent Point Energy (NYSE:CPG) has a market capitalization of $3.77 billion and generates $3.46 billion in revenue each year. The oil and gas producer earns $1.14 billion in net income (profit) each year or $0.71 on an earnings per share basis. How many employees does Crescent Point Energy have? The company employs 748 workers across the globe. How can I contact Crescent Point Energy? Crescent Point Energy's mailing address is 585-8th Avenue S.W. Suite 2000, Calgary A0, T2P 1G1. The official website for the company is www.crescentpointenergy.com. The oil and gas producer can be reached via phone at (403) 693-0020 or via fax at 403-693-0070. This page (NYSE:CPG) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Crescent Point Energy Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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