Crescent Energy - CRGY Stock Forecast, Price & News

5 Wall Street research 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CRGY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRGY, but not buy additional shares or sell existing shares.
View CRGY analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued 12-month price objectives for Crescent Energy's stock. Their CRGY share price forecasts range from $14.00 to $20.00. On average, they anticipate the company's stock price to reach $17.20 in the next year. This suggests a possible upside of 53.0% from the stock's current price.
View analysts price targets for CRGY or view top-rated stocks among Wall Street analysts.

Crescent Energy's stock was trading at $11.99 at the start of the year. Since then, CRGY stock has decreased by 6.3% and is now trading at $11.24.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our CRGY earnings forecast.

Crescent Energy (NYSE:CRGY) released its quarterly earnings results on Wednesday, November, 9th. The company reported $4.14 EPS for the quarter, beating the consensus estimate of $0.75 by $3.39. The business had revenue of $864.96 million for the quarter, compared to the consensus estimate of $678 million. Crescent Energy had a net margin of 11.11% and a trailing twelve-month return on equity of 130.62%.

Crescent Energy declared a quarterly dividend on Wednesday, November 9th. Shareholders of record on Wednesday, November 23rd will be given a dividend of $0.17 per share on Wednesday, December 7th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.05%. The ex-dividend date is Tuesday, November 22nd.
Read our dividend analysis for CRGY.

Crescent Energy (NYSE:CRGY) pays an annual dividend of $0.68 per share and currently has a dividend yield of 6.00%. CRGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CRGY.

Crescent Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRGY."

Crescent Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Mraz Amerine & Associates Inc. (0.07%), Strs Ohio (0.03%), Simplex Trading LLC (0.00%), Counterpoint Mutual Funds LLC (0.01%), Zurcher Kantonalbank Zurich Cantonalbank (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Benjamin Conner, Brandi Kendall, David C Rockecharlie, John Clayton Rynd, Karen Jo Simon, Kkr Group Partnership LP and Todd Falk.
View institutional ownership trends.

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.

One share of CRGY stock can currently be purchased for approximately $11.24.

Crescent Energy (NYSE:CRGY) has a market capitalization of $1.91 billion and generates $1.48 billion in revenue each year.

Crescent Energy's mailing address is 111 E. 5TH STREET SUITE 300, FORT WORTH TX, 76102. The official website for the company is www.contango.com. The company can be reached via phone at 713-337-4600, via email at kpeak@contango.com, or via fax at 713-236-4424.