Crescent Energy Stock Price, News & Analysis (NYSE:CRGY) $11.50 -0.03 (-0.26%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$11.35▼$11.7950-Day Range$10.45▼$13.0352-Week Range$9.17▼$14.26Volume1.26 million shsAverage Volume593,381 shsMarket Capitalization$2.07 billionP/E Ratio13.37Dividend Yield4.17%Price Target$17.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Crescent Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside47.8% Upside$17.00 Price TargetShort InterestHealthy7.44% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.87Based on 7 Articles This WeekInsider TradingAcquiring Shares$268,815 Bought Last QuarterProj. Earnings Growth66.67%From $0.96 to $1.60 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.3.56 out of 5 starsOils/Energy Sector1st out of 225 stocksCrude Petroleum & Natural Gas Industry1st out of 69 stocks 4.3 Analyst's Opinion Consensus RatingCrescent Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 5 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.00, Crescent Energy has a forecasted upside of 47.8% from its current price of $11.50.Amount of Analyst CoverageCrescent Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.44% of the float of Crescent Energy has been sold short.Short Interest Ratio / Days to CoverCrescent Energy has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Crescent Energy has recently decreased by 8.18%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCrescent Energy is a leading dividend payer. It pays a dividend yield of 4.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrescent Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Crescent Energy is 55.81%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Crescent Energy will have a dividend payout ratio of 30.00% next year. This indicates that Crescent 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 CRGY. Previous Next 3.3 News and Social Media Coverage News SentimentCrescent Energy has a news sentiment score of 0.87. 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 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Crescent Energy this week, compared to 2 articles on an average week.Search Interest3 people have searched for CRGY on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Crescent Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Crescent Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $268,815.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders13.20% of the stock of Crescent Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions53.31% of the stock of Crescent Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Crescent Energy are expected to grow by 66.67% in the coming year, from $0.96 to $1.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Energy is 13.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Energy is 13.37, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.03.Price to Earnings Growth RatioCrescent Energy has a PEG Ratio of 8.90. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCrescent Energy has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Crescent Energy Stock (NYSE:CRGY)Crescent Energy Company, an energy company, acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. The company holds a portfolio of oil and natural gas assets in key proven basins, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con in the United States. The company is based in Houston, Texas.Read More CRGY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRGY Stock News HeadlinesNovember 27, 2023 | marketbeat.comAt these prices, the only way these stocks can move is up (CRGY)These stocks have no reason to be this cheap, but you shouldn't waste your time finding out why this is so, when you can follow this logic insteadDecember 3, 2023 | americanbankingnews.comEvercore ISI Begins Coverage on Crescent Energy (NYSE:CRGY)December 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. December 2, 2023 | nasdaq.comEvercore ISI Group Initiates Coverage of Crescent Energy Co. - (CRGY) with Outperform RecommendationDecember 1, 2023 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About Crescent EnergyNovember 17, 2023 | finance.yahoo.comCrescent Energy Co's Dividend AnalysisNovember 15, 2023 | finance.yahoo.comA Piece Of The Puzzle Missing From Crescent Energy Company's (NYSE:CRGY) Share PriceNovember 8, 2023 | finance.yahoo.comCrescent Energy Company (NYSE:CRGY) Q3 2023 Earnings Call TranscriptDecember 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 7, 2023 | msn.comReviving Crescent Beach: Local restaurateur describes plans to restore iconic lakeside landmarkNovember 7, 2023 | seekingalpha.comCrescent Energy Company 2023 Q3 - Results - Earnings Call PresentationNovember 4, 2023 | morningstar.comCrescent Energy Co Class ANovember 3, 2023 | benzinga.comCrescent Energy's Earnings: A PreviewNovember 2, 2023 | marketwatch.comCrescent Point Energy Swings to Quarterly LossOctober 30, 2023 | finance.yahoo.comCrescent Energy (CRGY) Expected to Beat Earnings Estimates: Can the Stock Move Higher?October 24, 2023 | finance.yahoo.comWill Crescent Energy (CRGY) Beat Estimates Again in Its Next Earnings Report?October 24, 2023 | finance.yahoo.comCrescent Energy Schedules Third Quarter 2023 Earnings Release and Conference CallOctober 22, 2023 | benzinga.comCrescent Energy Stock (NYSE:CRGY), Analyst Ratings, Price Targets, PredictionsOctober 20, 2023 | markets.businessinsider.comWells Fargo Reaffirms Their Buy Rating on Crescent Energy Company Class A (CRGY)October 18, 2023 | finance.yahoo.comWall Street Analysts Predict a 36.25% Upside in Crescent Energy (CRGY): Here's What You Should KnowOctober 12, 2023 | seekingalpha.comCrescent Energy: Let's Make A DealOctober 6, 2023 | thestreet.comCrescent Energy Company Class AOctober 5, 2023 | finance.yahoo.comCrescent Energy Company (NYSE:CRGY) Shares Could Be 35% Below Their Intrinsic Value EstimateSeptember 28, 2023 | msn.comStephens & Co. Initiates Coverage of Crescent Energy Co. - (CRGY) with Overweight RecommendationSeptember 19, 2023 | nasdaq.comMizuho Maintains Crescent Energy Co. - (CRGY) Buy RecommendationSeptember 15, 2023 | finance.yahoo.comInsider Buying: John Rynd Acquires 2,000 Shares of Crescent Energy Co (CRGY)September 13, 2023 | msn.comCrescent Energy: A Good Dividend Stock That's Worth Holding OntoSee More Headlines Receive CRGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crescent Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/6 Dividend8/22/2023Dividend Payable9/06/2023Last Earnings11/06/2023Ex-Dividend for 12/4 Dividend11/17/2023Today12/04/2023Dividend Payable12/04/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CRGY CUSIPN/A CIK1866175 Webwww.contango.com Phone713-337-4600Fax713-236-4424EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$17.00 High Stock Price Target$21.00 Low Stock Price Target$13.00 Potential Upside/Downside+48.5%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.86 Trailing P/E Ratio13.31 Forward P/E Ratio11.93 P/E Growth8.9Net Income$96.67 million Net Margins0.87% Pretax Margin9.88% Return on Equity17.35% Return on Assets3.35% Debt Debt-to-Equity Ratio1.18 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$3.06 billion Price / Sales0.67 Cash Flow$4.34 per share Price / Cash Flow2.64 Book Value$5.09 per share Price / Book2.25Miscellaneous Outstanding Shares179,660,000Free Float155,942,000Market Cap$2.06 billion OptionableOptionable Beta2.25 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. David C. Rockecharlie (Age 51)CEO & Director Ms. Brandi Kendall (Age 38)CFO & Director Mr. Todd N. Falk (Age 42)Chief Accounting Officer Mr. Bo Shi (Age 34)General Counsel & Corporate Secretary Comp: $659.18kMr. John Clayton Rynd (Age 33)Executive Vice President of Investments Ms. Emily L. NewportInvestor RelationsMore ExecutivesKey CompetitorsVermilion EnergyNYSE:VETPar PacificNYSE:PARRCallon PetroleumNYSE:CPEHess MidstreamNYSE:HESMTalos EnergyNYSE:TALOView All CompetitorsInsiders & InstitutionsBrandi KendallBought 258 shares on 12/1/2023Total: $3,003.12 ($11.64/share)American Century Companies Inc.Bought 147,546 shares on 11/30/2023Ownership: 0.268%David C RockecharlieBought 5,000 shares on 11/29/2023Total: $56,750.00 ($11.35/share)Graham Capital Management L.P.Bought 27,010 shares on 11/22/2023Ownership: 0.043%Walleye Capital LLCBought 21,274 shares on 11/21/2023Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions CRGY Stock Analysis - Frequently Asked Questions Should I buy or sell Crescent Energy stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Energy in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CRGY shares. View CRGY analyst ratings or view top-rated stocks. What is Crescent Energy's stock price target for 2024? 7 Wall Street research analysts have issued 1-year price objectives for Crescent Energy's stock. Their CRGY share price targets range from $13.00 to $21.00. On average, they anticipate the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 47.8% from the stock's current price. View analysts price targets for CRGY or view top-rated stocks among Wall Street analysts. How have CRGY shares performed in 2023? Crescent Energy's stock was trading at $11.99 at the beginning of the year. Since then, CRGY stock has decreased by 4.1% and is now trading at $11.50. View the best growth stocks for 2023 here. Are investors shorting Crescent Energy? Crescent Energy saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 5,840,000 shares, a decline of 8.2% from the October 31st total of 6,360,000 shares. Based on an average trading volume of 1,020,000 shares, the days-to-cover ratio is currently 5.7 days. Approximately 7.4% of the shares of the stock are sold short. View Crescent Energy's Short Interest. When is Crescent Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 5th 2024. View our CRGY earnings forecast. How were Crescent Energy's earnings last quarter? Crescent Energy (NYSE:CRGY) announced its quarterly earnings results on Monday, November, 6th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. The company had revenue of $642.40 million for the quarter, compared to analyst estimates of $590 million. Crescent Energy had a net margin of 0.87% and a trailing twelve-month return on equity of 17.35%. How often does Crescent Energy pay dividends? What is the dividend yield for Crescent Energy? Crescent Energy announced a quarterly dividend on Monday, November 6th. Shareholders of record on Monday, November 20th will be paid a dividend of $0.12 per share on Monday, December 4th. This represents a $0.48 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date is Friday, November 17th. Read our dividend analysis for CRGY. Is Crescent Energy a good dividend stock? Crescent Energy (NYSE:CRGY) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.16%. CRGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRGY will have a dividend payout ratio of 30.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CRGY. What ETF holds Crescent Energy's stock ? First Trust Natural Gas ETF holds 149,424 shares of CRGY stock, representing 0.32% of its portfolio. Who are Crescent Energy's major shareholders? Crescent Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Teacher Retirement System of Texas (4.79%), Northwestern University (0.65%), Victory Capital Management Inc. (0.44%), Adage Capital Partners GP L.L.C. (0.30%), Bank of New York Mellon Corp (0.29%) and American Century Companies Inc. (0.27%). Insiders that own company stock include Benjamin Conner, Brandi Kendall, David C Rockecharlie, John Clayton Rynd, Karen Jo Simon, Kkr Group Partnership LP, Retirement System Of T Teacher and Todd Falk. View institutional ownership trends. How do I buy shares of Crescent Energy? Shares of CRGY 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. This page (NYSE:CRGY) was last updated on 12/5/2023 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 Energy 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. 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