In today’s recent session, 1.53 million shares of the Crescent Energy Co (NYSE:CRGY) have been traded, and its beta is 1.36. Most recently the company’s share price was $8.08, and it changed around $0.32 or 4.12% from the last close, which brings the market valuation of the company to $2.09B. CRGY at last check was trading at a discount to its 52-week high of $16.94, offering almost -109.65% off that amount. The share price’s 52-week low was $6.83, which indicates that the recent value has risen by an impressive 15.47% since then. We note from Crescent Energy Co’s average daily trading volume that its 10-day average is 5.49 million shares, with the 3-month average coming to 3.70 million.
Crescent Energy Co stock received a consensus recommendation rating of Buy, based on a mean score of 1.40. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended CRGY as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight. Crescent Energy Co is expected to report earnings per share of 0.47 for the current quarter.
Crescent Energy Co (NYSE:CRGY) trade information
Instantly CRGY has been showing a green trend so far today with a performance of 4.12% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 8.14 on recent trading dayincreased the stock’s daily price by 0.74%. The company’s shares are currently down -44.70% year-to-date, but still down -5.72% over the last five days. On the other hand, Crescent Energy Co (NYSE:CRGY) is -27.86% down in the 30-day period. We can see from the shorts that 13.71 million shares have been sold at a short interest cover period of 2.94 day(s).
The consensus price target as assigned by Wall Street analysts is $17.5, which translates to bulls needing to increase their stock price by 53.83% from its current value. Analyst projections state that CRGY is forecast to be at a low of $16 and a high of $20.
Crescent Energy Co (CRGY) estimates and forecasts
The year-over-year growth rate is expected to be 27.03%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 941.66M in revenue for the current quarter. 8 analysts expect Crescent Energy Co to make 911.98M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 657.47M and 653.28M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 43.22%. Forecasts for the next quarter put sales growth at 39.60%.
Crescent Energy Co earnings are expected to increase by -13.48% in 2025, but the outlook is negative -15.81% per year for the next five years.
CRGY Dividends
Crescent Energy Co’s next quarterly earnings report is expected to be released on 2025-Feb-25. The annual dividend yield of the stock is 5.94 percent and its annual dividend per share was 0.48. It is important to note, however, that the 5.94% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Crescent Energy Co (NYSE:CRGY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.52% of Crescent Energy Co shares, and 97.61% of them are in the hands of institutional investors. The stock currently has a share float of 103.32%. Crescent Energy Co stock is held by 361.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 10.5448% of the shares, which is about 11.76 million shares worth $139.35 million.
AMERICAN CENTURY COMPANIES INC, with 6.9729% or 7.78 million shares worth $92.14 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 11.31 shares worth $91.94 million, making up 5.87% of all outstanding shares. On the other hand, Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF held roughly 11.0 shares worth around $89.44 million, which represents about 5.71% of the total shares outstanding.
