Top-Rated Dividend Stocks NYSE:CPG Crescent Point Energy - CPG Stock Forecast, Price & News 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. $7.06 +0.11 (+1.58%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.97▼$7.1050-Day Range$5.81▼$7.5552-Week Range$5.51▼$10.96Volume3.64 million shsAverage Volume7.50 million shsMarket Capitalization$3.87 billionP/E Ratio3.50Dividend Yield4.11%Price Target$14.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Crescent Point Energy MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside108.9% Upside$14.75 Price TargetShort InterestBearish5.44% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.78Based on 18 Articles This WeekInsider TradingN/AProj. Earnings Growth-12.73%From $1.10 to $0.96 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.2.48 out of 5 starsOils/Energy Sector82nd out of 239 stocksCrude Petroleum & Natural Gas Industry39th out of 82 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 2 buy ratings, 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 108.9% from its current price of $7.06.Amount of Analyst CoverageCrescent Point Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.44% 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 4.9.Change versus previous monthShort interest in Crescent Point Energy has recently increased by 95.73%, 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 4.24%, 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 14.36%. 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 30.21% 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 3.8 News and Social Media Coverage News SentimentCrescent Point Energy has a news sentiment score of 0.78. 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 0.40 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Crescent Point Energy this week, compared to 2 articles on an average week.Search Interest102 people have searched for CPG on MarketBeat in the last 30 days. This is an increase of 34% compared to the previous 30 days.MarketBeat Follows11 people have added Crescent Point Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 175% 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 -12.73% in the coming year, from $1.10 to $0.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Point Energy is 3.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Point Energy is 3.50, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 82.72.Price to Book Value per Share RatioCrescent Point Energy has a P/B Ratio of 0.78. 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 HeadlinesApril 1, 2023 | americanbankingnews.comQ1 2023 Earnings Estimate for Crescent Point Energy Corp. (NYSE:CPG) Issued By Atb Cap MarketsMarch 29, 2023 | reuters.comCrescent Point Energy to buy Spartan Delta's Montney assets for $1.2 blnApril 2, 2023 | Vantage Point (Ad)What’s At Stake In April is ShockingThe Fed will be meeting on a topic that could change trading forever, and the decision could come as soon as the end of April. But by taking the smartest approach now, you can help shield your assets and work toward your trading goals. Time, as always, is of the essence. Click on this link to see what you need to do right away. March 28, 2023 | finance.yahoo.comCrescent Point’s $1.3 Billion Shale Deal Speeds Alberta PushMarch 28, 2023 | msn.comCrescent Point to buy Spartan Delta Corp.'s Montney assets in $1.7-billion dealMarch 28, 2023 | proactiveinvestors.comCrescent Point Energy acquires Spartan Delta's oil and gas assets in AlbertaMarch 28, 2023 | markets.businessinsider.comCrescent Point To Buy Spartan's Montney Assets In Alberta For C$1.7 Bln Cash; Lifts Production ViewMarch 28, 2023 | msn.comCrescent Point Energy to buy Spartan's Montney assets in C$1.7B dealApril 2, 2023 | Vantage Point (Ad)The Market Crash Shield is A.I.Are you using the best technology to dominate April markets? This A.I. has traders doubting their methods. Attend This Live (FREE) A.I. Market Training. March 28, 2023 | finance.yahoo.comCrescent Point Announces Strategic Montney AcquisitionMarch 28, 2023 | finance.yahoo.comUPDATE 2-Crescent Point buys Spartan Delta assets for $1.2 bln to boost Montney presenceMarch 28, 2023 | ca.finance.yahoo.comCrescent Point buys Spartan Delta assets for $1.2 billion to boost Montney presenceMarch 28, 2023 | americanbankingnews.comAtb Cap Markets Comments on Crescent Point Energy Corp.'s Q1 2023 Earnings (NYSE:CPG)March 26, 2023 | americanbankingnews.comCrescent Point Energy Corp. (NYSE:CPG) to Post FY2023 Earnings of $1.23 Per Share, Atb Cap Markets ForecastsMarch 24, 2023 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Shares Up 2.8%March 24, 2023 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Lifted to "Outperform" at Raymond JamesMarch 10, 2023 | finance.yahoo.comCrescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10March 6, 2023 | seekingalpha.comCrescent Point Energy: Strong Yield For Those That Buy NowMarch 2, 2023 | msn.comCrescent Point Energy swings to Q4 loss despite rising revenue, productionMarch 2, 2023 | msn.comCrescent Point Energy declares C$0.032 special dividendMarch 2, 2023 | finance.yahoo.comCrescent Point Announces 2022 Results & ReservesMarch 2, 2023 | finance.yahoo.comCrescent Point Announces Filing of 2022 Annual Information Form and Form 40-FMarch 1, 2023 | seekingalpha.comCPG Crescent Point Energy Corp.February 23, 2023 | finance.yahoo.comCrescent Point Announces Q4 and Year-End 2022 Results Conference CallJanuary 2, 2023 | seekingalpha.comCrescent Point: Acquisition And Impact On Future ReturnsDecember 15, 2022 | finance.yahoo.comCrescent Point Energy's (TSE:CPG) Shareholders Will Receive A Bigger Dividend Than Last YearDecember 9, 2022 | finance.yahoo.comCrescent Point Acquires Kaybob Duvernay Assets and Increases Base Dividend by 25%See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings10/28/2021Ex-Dividend for 1/3 Dividend12/14/2022Dividend Payable1/03/2023Ex-Dividend for 4/3 Dividend3/14/2023Today4/01/2023Dividend Payable4/03/2023Next Earnings (Estimated)5/11/2023Fiscal 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+108.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.02 Trailing P/E Ratio3.50 Forward P/E Ratio6.42 P/E GrowthN/ANet Income$1.14 billion Net Margins34.47% Pretax Margin46.87% Return on Equity14.19% Return on Assets9.43% Debt Debt-to-Equity Ratio0.14 Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$3.46 billion Price / Sales1.12 Cash Flow$2.74 per share Price / Cash Flow2.58 Book Value$9.06 per share Price / Book0.78Miscellaneous Outstanding Shares547,960,000Free Float546,313,000Market Cap$3.87 billion OptionableOptionable Beta2.22 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:SMDenburyNYSE:DENKosmos EnergyNYSE:KOSBlack Stone MineralsNYSE:BSMEnerplusNYSE:ERFView All CompetitorsInstitutional OwnershipTriasima Portfolio Management inc.Bought 170,000 shares on 2/21/2023Ownership: 0.031%DGS Capital Management LLCBought 10,746 shares on 2/21/2023Ownership: 0.014%State of WyomingBought 20,859 shares on 2/16/2023Ownership: 0.006%Cerity Partners LLCSold 1,954 shares on 2/15/2023Ownership: 0.005%Equitable Holdings Inc.Sold 1,464 shares on 2/15/2023Ownership: 0.002%View All Institutional Transactions CPG Stock - Frequently Asked Questions Should I buy or sell Crescent Point Energy stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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? 2 brokerages have issued 1-year price targets 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 share price to reach $14.75 in the next twelve months. This suggests a possible upside of 108.9% 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 on January 1st, 2023. Since then, CPG stock has decreased by 1.3% and is now trading at $7.06. 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 March. As of March 15th, there was short interest totaling 29,810,000 shares, an increase of 95.7% from the February 28th total of 15,230,000 shares. Based on an average daily volume of 6,140,000 shares, the days-to-cover ratio is currently 4.9 days. Currently, 5.4% of the shares of the company 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 Thursday, May 11th 2023. View our CPG earnings forecast. How were Crescent Point Energy's earnings last quarter? Crescent Point Energy Corp. (NYSE:CPG) posted its earnings results on Thursday, October, 28th. The oil and gas producer reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.02. The oil and gas producer earned $673.67 million during the quarter, compared to analysts' expectations of $683.40 million. Crescent Point Energy had a trailing twelve-month return on equity of 14.19% and a net margin of 34.47%. During the same quarter in the prior year, the firm posted $0.10 EPS. How often does Crescent Point Energy pay dividends? What is the dividend yield for Crescent Point Energy? Crescent Point Energy announced a quarterly dividend on Friday, December 9th. Investors of record on Wednesday, March 15th will be paid a dividend of $0.075 per share on Monday, April 3rd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Tuesday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.06. 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 iShares International Small Cap Equity Factor ETF (ISCF).Dimensional International Small Cap Value ETF (DISV). 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 4.24%. CPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 14.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPG will have a dividend payout ratio of 30.21% 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." 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 $7.06. How much money does Crescent Point Energy make? Crescent Point Energy (NYSE:CPG) has a market capitalization of $3.87 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 $2.02 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 4/2/2023 by MarketBeat.com Staff 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. 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