Top-Rated Dividend Stocks NYSE:CPG Crescent Point Energy Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $7.27 +0.15 (+2.11%) (As of 07/1/2022 03:11 PM ET) Add Compare Share Today's Range$6.88▼$7.3350-Day Range$6.47▼$10.7352-Week Range$2.75▼$10.96Volume633,967 shsAverage Volume10.62 million shsMarket Capitalization$4.14 billionP/E Ratio1.51Dividend Yield2.89%Price Target$14.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 Stock Forecast (MarketRank)Overall MarketRank™2.57 out of 5 starsOils/Energy Sector74th out of 391 stocksCrude Petroleum & Natural Gas Industry33rd out of 127 stocksAnalyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 - 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 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.60, Crescent Point Energy has a forecasted upside of 117.0% from its current price of $7.19.Amount of Analyst CoverageCrescent Point Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 4.1 Community Rank Outperform VotesCrescent Point Energy has received 366 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCrescent Point Energy has received 231 “underperform” votes. (Add your “underperform” vote.)Community SentimentCrescent Point Energy has received 61.31% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Crescent Point Energy and other stocks. Vote “Outperform” if you believe CPG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CPG will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldCrescent Point Energy pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCrescent Point Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Crescent Point Energy is 4.35%. 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 9.68% next year. This indicates that Crescent Point Energy will be able to sustain or increase its dividend. Previous Next 0.8 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 Institutions42.19% of the stock of Crescent Point Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Crescent Point Energy are expected to decrease by -30.89% in the coming year, from $3.14 to $2.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Point Energy is 1.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 43.15.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Point Energy is 1.49, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.47.Price to Book Value per Share RatioCrescent Point Energy has a P/B Ratio of 0.97. 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)Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. It's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana. The company was incorporated in 1994 and is headquartered in Calgary, Canada.Read More CPG Stock News HeadlinesJune 29, 2022 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Sees Strong Trading VolumeJune 25, 2022 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Shares Down 3.8% June 21, 2022 | seekingalpha.comCrescent Point Energy: Undervalued Despite A Promising Free Cash Flow GenerationJune 18, 2022 | americanbankingnews.comNational Bank Financial Increases Crescent Point Energy (NYSE:CPG) Price Target to C$23.00June 18, 2022 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Sees Strong Trading Volume After Analyst UpgradeJune 17, 2022 | americanbankingnews.comCrescent Point Energy Corp. (NYSE:CPG) Receives $13.88 Consensus Price Target from AnalystsJune 16, 2022 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Price Target Increased to C$16.00 by Analysts at CIBCJune 10, 2022 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Stock Rating Upgraded by ScotiabankJune 8, 2022 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why Crescent Point Energy (CPG) is a Great ChoiceJune 8, 2022 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Hits New 12-Month High at $9.82May 13, 2022 | ca.investing.comCrescent Point Energy Earnings, Revenue beat in Q1May 12, 2022 | finance.yahoo.comHas Crescent Point Energy (CPG) Outpaced Other Oils-Energy Stocks This Year?May 12, 2022 | seekingalpha.comCrescent Point Energy Non-GAAP EPS of C$0.41See More Headlines Industry, 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/ACompany Calendar Last Earnings5/12/2022Today7/01/2022Next Earnings (Estimated)7/27/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$15.60 High Stock Price Forecast$23.00 Low Stock Price Forecast$10.50 Forecasted Upside/Downside+99.4%Consensus RatingBuy Rating Score (0-4)3 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$4.829990 Trailing P/E Ratio1.51 Forward P/E Ratio2.32 P/E GrowthN/ANet Income$1.89 billion Net Margins96.84% Pretax Margin126.08% Return on Equity11.72% Return on Assets6.92% Debt Debt-to-Equity Ratio0.24 Current Ratio0.46 Quick Ratio0.46 Sales & Book Value Annual Sales$2.56 billion Price / Sales1.62 Cash Flow$1.85 per share Price / Cash Flow3.92 Book Value$7.44 per share Price / Book0.98Miscellaneous Outstanding Shares569,249,000Free FloatN/AMarket Cap$4.14 billion OptionableOptionable Beta2.31 Crescent Point Energy Frequently Asked Questions Should I buy or sell Crescent Point Energy stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Crescent Point Energy stock. View analyst ratings for Crescent Point Energy or view top-rated stocks. What is Crescent Point Energy's stock price forecast for 2022? 7 brokers have issued 1-year price objectives for Crescent Point Energy's shares. Their CPG stock forecasts range from $10.50 to $23.00. On average, they expect Crescent Point Energy's share price to reach $15.60 in the next twelve months. This suggests a possible upside of 114.9% from the stock's current price. View analysts' price targets for Crescent Point Energy or view top-rated stocks among Wall Street analysts. How has Crescent Point Energy's stock performed in 2022? Crescent Point Energy's stock was trading at $5.34 at the beginning of the year. Since then, CPG shares have increased by 36.0% and is now trading at $7.26. View the best growth stocks for 2022 here. When is Crescent Point Energy's next earnings date? Crescent Point Energy is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for Crescent Point Energy. How were Crescent Point Energy's earnings last quarter? Crescent Point Energy Corp. (NYSE:CPG) issued its earnings results on Thursday, May, 12th. The oil and gas producer reported $0.32 earnings per share (EPS) for the quarter. The oil and gas producer earned $772.43 million during the quarter. Crescent Point Energy had a trailing twelve-month return on equity of 11.72% and a net margin of 96.84%. View Crescent Point Energy's earnings history. How often does Crescent Point Energy pay dividends? What is the dividend yield for Crescent Point Energy? Crescent Point Energy declared a dividend on Monday, December 6th. Stockholders of record on Tuesday, March 15th will be paid a dividend of $0.035 per share on Friday, April 1st. The ex-dividend date is Monday, March 14th. This is a positive change from Crescent Point Energy's previous dividend of $0.00. View Crescent Point Energy's dividend history. Is Crescent Point Energy a good dividend stock? Crescent Point Energy(NYSE:CPG) pays an annual dividend of $0.21 per share and currently has a dividend yield of 2.89%. Crescent Point Energy does not yet have a strong track record of dividend growth. The dividend payout ratio of Crescent Point Energy is 4.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Crescent Point Energy will have a dividend payout ratio of 9.68% next year. This indicates that Crescent Point Energy will be able to sustain or increase its dividend. View Crescent Point Energy's dividend history. Who are Crescent Point Energy's key executives? Crescent Point Energy's management team includes the following people: Mr. Craig Bryksa, Pres, CEO & Non-Independent Director (Age 45, Pay $1.23M)Mr. Kenneth R. Lamont B.Com., BComm., C.A., CA, Chief Financial Officer (Age 63, Pay $889.97k)Mr. Ryan Chad Raymond Gritzfeldt BASc., P.Eng., Chief Operating OfficerMr. Mark G. Eade, Sr. VP, Gen. Counsel & Corp. Sec.Mr. Garret Holt, Sr. VP of Corp. Devel.Sarfraz Somani, Mang. of Investor RelationsMr. Justin Foraie, VP of Engineering & MarketingMs. Lisa Watson, VP of HR & Corp. ServicesMr. Shant Madian, VP of Capital MarketsMr. Mike Blair, VP of Exploration & New Ventures What is Craig Bryksa's approval rating as Crescent Point Energy's CEO? 10 employees have rated Crescent Point Energy CEO Craig Bryksa on Glassdoor.com. Craig Bryksa has an approval rating of 67% among Crescent Point Energy's employees. Who are some of Crescent Point Energy's key competitors? Some companies that are related to Crescent Point Energy include Marathon Oil (MRO), Sasol (SSL), Gulfport Energy (GPORQ), EQT (EQT), APA (APA), Ovintiv (OVV), Chesapeake Energy (CHK), Galp Energia, SGPS (GLPEY), Antero Resources (AR), Toray Industries (TRYIY), ARC Resources (AETUF), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE) and Matador Resources (MTDR). View all of CPG's competitors. 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), (ECA), 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 many different retail and institutional investors. Top institutional investors include Silverleafe Capital Partners LLC (0.03%). Which institutional investors are buying Crescent Point Energy stock? CPG stock was bought by a variety of institutional investors in the last quarter, including Silverleafe Capital Partners LLC. How do I buy shares of Crescent Point Energy? Shares of CPG 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 $7.26. How much money does Crescent Point Energy make? Crescent Point Energy (NYSE:CPG) has a market capitalization of $4.13 billion and generates $2.56 billion in revenue each year. The oil and gas producer earns $1.89 billion in net income (profit) each year or $4.829990 on an earnings per share basis. How many employees does Crescent Point Energy have? Crescent Point Energy 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 Crescent Point Energy 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 7/1/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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