Crescent Point Energy - CPG Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating 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.

6 Wall Street analysts have issued 12 month target prices for Crescent Point Energy's shares. Their CPG share price forecasts range from C$11.50 to C$17.00. On average, they predict the company's stock price to reach C$13.78 in the next twelve months. This suggests a possible upside of 48.8% from the stock's current price.
View analysts price targets for CPG or view top-rated stocks among Wall Street analysts.

Crescent Point Energy's stock was trading at C$9.66 on January 1st, 2023. Since then, CPG shares have decreased by 4.1% and is now trading at C$9.26.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our CPG earnings forecast.

Crescent Point Energy declared a quarterly dividend on Friday, December 9th. Investors of record on Wednesday, March 15th will be given a dividend of 0.10 per share on Monday, April 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend is Tuesday, March 14th. This is an increase from the stock's previous quarterly dividend of C$0.08.
Read our dividend analysis for CPG.

Crescent Point Energy (TSE:CPG) pays an annual dividend of C$0.22 per share and currently has a dividend yield of 4.01%. CPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6.08%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CPG.

Based on aggregate information from My MarketBeat watchlists, some companies that other Crescent Point Energy investors own include Intact Financial (IFC), Constellation Software (CSU), Freehold Royalties (FRU), Granite Oil (GXO), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Baytex Energy (BTE), Crius Energy Unt (KWH.UN) and Bank of Nova Scotia (BNS).

Crescent Point Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CPG."

Shares of CPG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of CPG stock can currently be purchased for approximately C$9.26.

Crescent Point Energy (TSE:CPG) has a market capitalization of C$5.12 billion and generates C$3.87 billion in revenue each year.

The company employs 748 workers across the globe.

Crescent Point Energy's mailing address is Suite 2000, 585-8Th Avenue Sw, CALGARY, AB T2P 1G1, Canada. The official website for the company is www.crescentpointenergy.com. The company can be reached via phone at +1-403-6930020.