Top-Rated Dividend StocksTop-Rated DividendNYSE:CRGY Crescent Energy (CRGY) Stock Price, News & Analysis → A lot of people are making this costly mistake (From WealthPress) (Ad) Free CRGY Stock Alerts $11.90 +0.16 (+1.36%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$11.80▼$12.0150-Day Range$10.49▼$11.9352-Week Range$9.17▼$14.22Volume1.71 million shsAverage Volume1.19 million shsMarket Capitalization$2.14 billionP/E Ratio9.22Dividend Yield4.03%Price Target$16.29 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Crescent Energy alerts: Email Address Crescent Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside36.9% Upside$16.29 Price TargetShort InterestBearish11.88% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 9 Articles This WeekInsider TradingSelling Shares$136.21 M Sold Last QuarterProj. Earnings Growth30.47%From $1.28 to $1.67 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.86 out of 5 starsOils/Energy Sector6th out of 238 stocksCrude Petroleum & Natural Gas Industry1st out of 73 stocks 3.5 Analyst's Opinion Consensus RatingCrescent Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.29, Crescent Energy has a forecasted upside of 36.9% from its current price of $11.90.Amount of Analyst CoverageCrescent Energy has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.88% 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 8.5.Change versus previous monthShort interest in Crescent Energy has recently increased by 6.17%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCrescent Energy is a leading dividend payer. It pays a dividend yield of 4.17%, 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 37.21%. 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 28.74% 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 3.1 News and Social Media Coverage News SentimentCrescent Energy has a news sentiment score of 0.60. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Crescent Energy this week, compared to 3 articles on an average week.Search Interest19 people have searched for CRGY on MarketBeat in the last 30 days. This is an increase of 58% compared to the previous 30 days.MarketBeat Follows8 people have added Crescent Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 sold 2,518,967.87% more of their company's stock than they have bought. Specifically, they have bought $5,407.00 in company stock and sold $136,206,000.00 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 Institutions52.11% 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 4.4 Earnings and Valuation Earnings GrowthEarnings for Crescent Energy are expected to grow by 30.47% in the coming year, from $1.28 to $1.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Energy is 9.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Energy is 9.22, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.20.Price to Earnings Growth RatioCrescent Energy has a PEG Ratio of 0.87. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCrescent Energy has a P/B Ratio of 1.23. 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 Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… 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 HeadlinesMarch 12, 2024 | insidertrades.comCrescent Energy (NYSE:CRGY) Major Shareholder Energy Aggregator Independence Sells 13,800,000 SharesMarch 28, 2024 | msn.comEnCap Investments seeks sale of Utah oil producer XCL Resources, sources sayMarch 29, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 26, 2024 | businesswire.comCrescent Energy Announces Expiration and Results of Its Tender Offer for Its 7.250% Senior Notes Due 2026March 24, 2024 | americanbankingnews.comCrescent Energy (NYSE:CRGY) Stock Rating Reaffirmed by MizuhoMarch 24, 2024 | americanbankingnews.comCrescent Energy (NYSE:CRGY) Given Average Rating of "Buy" by AnalystsMarch 22, 2024 | markets.businessinsider.comAnalyst Scoreboard: 4 Ratings For Crescent EnergyMarch 20, 2024 | investorplace.comShhh! 7 Small-Cap Stocks That Can Double by 2025March 29, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 19, 2024 | msn.comCrescent Energy announces pricing of $700M private placement of 7.625% senior notesMarch 19, 2024 | finance.yahoo.comCrescent Energy Announces Pricing of $700 Million Private Placement of 7.625% Senior Notes Due 2032March 19, 2024 | businesswire.comCrescent Energy Announces Tender Offer for Its 7.250% Senior Notes due 2026March 19, 2024 | businesswire.comCrescent Energy Announces Offering of $700 Million Private Placement of Senior Notes Due 2032March 16, 2024 | finance.yahoo.comCRGY Apr 2024 7.500 putMarch 11, 2024 | benzinga.comWednesday Is Your Last Chance To Buy Crescent Energy Before The Dividend PayoutMarch 7, 2024 | seekingalpha.comCrescent Energy Company (CRGY) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | msn.comCrescent Energy Company (NYSE:CRGY) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | markets.businessinsider.comCrescent Energy: Hold Rating Maintained Amid Capital Efficiency and Shareholder Returns Versus Leverage ConcernsMarch 7, 2024 | msn.comCrescent Energy announces pricing of secondary public offeringMarch 6, 2024 | msn.comCrescent Energy says selling stockholders offering 12M Class A sharesMarch 6, 2024 | businesswire.comCrescent Energy Company Announces Pricing of Secondary Public Offering of Common Stock and Agreement to Repurchase OpCo UnitsMarch 6, 2024 | businesswire.comCrescent Energy Company Announces Secondary Public Offering of Common Stock and Intention to Repurchase OpCo UnitsMarch 6, 2024 | seekingalpha.comCrescent Energy: The Beginning Of A Lot Of Potential GainsMarch 6, 2024 | gurufocus.comQ4 2023 Crescent Energy Co Earnings Call TranscriptMarch 5, 2024 | markets.businessinsider.comBuy Rating Affirmed for Crescent Energy on Solid Q4 Performance and Positive FY24 OutlookMarch 5, 2024 | seekingalpha.comCrescent Energy Company 2023 Q4 - Results - Earnings Call PresentationMarch 4, 2024 | investorplace.comCRGY Stock Earnings: Crescent Energy Beats EPS, Beats Revenue for Q4 2023See 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 Last Earnings3/04/2024Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Today3/29/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CRGY CUSIPN/A CIK1866175 Webwww.contango.com Phone713-337-4600Fax713-236-4424EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$16.29 High Stock Price Target$21.00 Low Stock Price Target$13.00 Potential Upside/Downside+36.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.29 Trailing P/E Ratio9.22 Forward P/E Ratio9.30 P/E Growth0.87Net Income$67.61 million Net Margins2.84% Pretax Margin14.49% Return on Equity13.30% Return on Assets2.94% Debt Debt-to-Equity Ratio0.98 Current Ratio0.82 Quick Ratio0.82 Sales & Book Value Annual Sales$2.38 billion Price / Sales0.90 Cash Flow$5.15 per share Price / Cash Flow2.31 Book Value$9.65 per share Price / Book1.23Miscellaneous Outstanding Shares179,657,000Free Float155,942,000Market Cap$2.14 billion OptionableOptionable Beta2.23 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. David C. Rockecharlie (Age 52)CEO & Director Ms. Brandi Kendall (Age 38)CFO, Investor Relations & Director Mr. Todd N. Falk (Age 42)Chief Accounting Officer Mr. Bo Shi (Age 35)General Counsel & Corporate Secretary Comp: $659.18kMr. John Clayton Rynd (Age 33)Executive Vice President of Investments Key CompetitorsTalos EnergyNYSE:TALOPar PacificNYSE:PARRVermilion EnergyNYSE:VETAtlas Energy SolutionsNYSE:AESIVital EnergyNYSE:VTLEView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdSold 20,923 shares on 3/25/2024Ownership: 0.016%Brandi KendallBought 488 shares on 3/15/2024Total: $5,407.04 ($11.08/share)Vanguard Group Inc.Bought 530,199 shares on 3/11/2024Ownership: 4.548%Energy Aggregator IndependenceSold 13,800,000 sharesTotal: $136.21 M ($9.87/share)Goldman Sachs Group Inc.Bought 134,529 shares on 3/1/2024Ownership: 0.133%View All Insider TransactionsView All Institutional Transactions CRGY Stock Analysis - Frequently Asked Questions Should I buy or sell Crescent Energy stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crescent 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 equities research analysts is that investors should "buy" CRGY shares. View CRGY analyst ratings or view top-rated stocks. What is Crescent Energy's stock price target for 2024? 6 brokerages 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 expect the company's share price to reach $16.29 in the next twelve months. This suggests a possible upside of 36.9% 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 2024? Crescent Energy's stock was trading at $13.21 at the start of the year. Since then, CRGY stock has decreased by 9.9% and is now trading at $11.90. View the best growth stocks for 2024 here. Are investors shorting Crescent Energy? Crescent Energy saw a increase in short interest in March. As of March 15th, there was short interest totaling 9,640,000 shares, an increase of 6.2% from the February 29th total of 9,080,000 shares. Based on an average daily volume of 1,140,000 shares, the days-to-cover ratio is currently 8.5 days. Approximately 11.9% of the shares of the stock are short sold. 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 Wednesday, May 8th 2024. View our CRGY earnings forecast. How were Crescent Energy's earnings last quarter? Crescent Energy (NYSE:CRGY) posted its quarterly earnings data on Monday, March, 4th. The company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.37. The firm earned $657.73 million during the quarter, compared to the consensus estimate of $584.12 million. Crescent Energy had a net margin of 2.84% and a trailing twelve-month return on equity of 13.30%. How often does Crescent Energy pay dividends? What is the dividend yield for Crescent Energy? Crescent Energy declared a quarterly dividend on Monday, March 4th. Investors of record on Friday, March 15th will be given a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date is Thursday, March 14th. 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 4.17%. CRGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRGY will have a dividend payout ratio of 28.74% 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 investors include Vanguard Group Inc. (4.55%), Vanguard Group Inc. (4.55%), Teacher Retirement System of Texas (4.47%), The Manufacturers Life Insurance Company (2.04%), Hotchkis & Wiley Capital Management LLC (0.93%) and Pingora Partners LLC (0.74%). Insiders that own company stock include Benjamin Conner, Brandi Kendall, David C Rockecharlie, Energy Aggregator Independence, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CRGY) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the MarketsBill Gates is all about this tiny $2 stockTimothy Sykes Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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