Cairn Energy Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cairn Energy in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Cairn Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRNCY, but not buy additional shares or sell existing shares.
View analyst ratings for Cairn Energy or view top-rated stocks.

Wall Street analysts have given Cairn Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cairn Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Cairn Energy saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,300 shares, a drop of 92.5% from the March 15th total of 17,400 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 3.3 days.
View Cairn Energy's Short Interest.

Cairn Energy's stock was trading at $1.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CRNCY stock has increased by 145.7% and is now trading at $4.62.
View which stocks have been most impacted by COVID-19.

Cairn Energy pays an annual dividend of $0.99 per share and currently has a dividend yield of 21.54%. CRNCY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Cairn Energy is 430.43%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Cairn Energy will have a dividend payout ratio of 707.14% in the coming year. This indicates that Cairn Energy may not be able to sustain their current dividend.
View Cairn Energy's dividend history.

Some companies that are related to Cairn Energy include Casio Computer Co.,Ltd. (CSIOY), SES (SGBAF), Amada (AMDLY), POLA Orbis (PORBF), RPC Group (RPCGF), Glanbia (GLAPY), Marui Group (MAURY), SmartCentres Real Estate Investment Trust (CWYUF), Pigeon (PGENY), Kawasaki Heavy Industries (KWHIY), OC Oerlikon (OERLF), William Hill (WIMHY), EVN (EVNVY), Flughafen Wien Aktiengesellschaft (VIAAY) and Woolworths (WLWHY).
View all of CRNCY's competitors.

Cairn Energy trades on the OTCMKTS under the ticker symbol "CRNCY."

Shares of CRNCY 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 CRNCY stock can currently be purchased for approximately $4.62.

Cairn Energy has a market capitalization of $1.15 billion and generates $533.40 million in revenue each year. The energy company earns $93.60 million in net income (profit) each year or $0.23 on an earnings per share basis.

Cairn Energy employs 178 workers across the globe.

The official website for Cairn Energy is www.cairnenergy.com.

Cairn Energy is headquartered at 50 LOTHIAN ROAD, EDINBURGH X0, EH3 9BY.

Cairn Energy's mailing address is 50 LOTHIAN ROAD, EDINBURGH X0, EH3 9BY. The energy company can be reached via phone at 44-13-1475-3000.