Crescent Energy Company (NYSE:CRGY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Crescent Energy Company (NYSE:CRGY) have been given a consensus rating of “Moderate Buy” by the fourteen research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $16.00.

A number of brokerages recently weighed in on CRGY. Weiss Ratings cut shares of Crescent Energy from a “hold (c)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Zacks Research upgraded shares of Crescent Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, April 3rd. Johnson Rice restated an “accumulate” rating and issued a $19.00 price objective on shares of Crescent Energy in a report on Wednesday, March 25th. Piper Sandler lifted their price objective on shares of Crescent Energy from $14.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Finally, Wall Street Zen raised shares of Crescent Energy from a “hold” rating to a “buy” rating in a report on Sunday, May 10th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Strs Ohio purchased a new position in Crescent Energy in the first quarter worth approximately $32,000. Caitlin John LLC purchased a new position in Crescent Energy in the third quarter worth approximately $27,000. Fifth Third Bancorp lifted its stake in Crescent Energy by 109.3% in the fourth quarter. Fifth Third Bancorp now owns 3,905 shares of the company’s stock worth $33,000 after acquiring an additional 2,039 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Crescent Energy by 134.5% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 3,986 shares of the company’s stock worth $33,000 after acquiring an additional 2,286 shares during the last quarter. Finally, Quarry LP lifted its stake in Crescent Energy by 303.5% in the third quarter. Quarry LP now owns 4,152 shares of the company’s stock worth $37,000 after acquiring an additional 3,123 shares during the last quarter. Hedge funds and other institutional investors own 52.11% of the company’s stock.

More Crescent Energy News

Here are the key news stories impacting Crescent Energy this week:

• Positive Sentiment: KeyCorp maintained an Overweight rating on Crescent Energy and kept its $19 price objective, signaling continued upside potential from current levels. KeyBanc Keeps Their Buy Rating on Crescent Energy Company Class A (CRGY)
• Positive Sentiment: KeyCorp raised several near- and medium-term earnings estimates, including FY2026 EPS to $2.12 from $1.50 and Q4 2026 EPS to $0.54 from $0.33, which suggests improving profitability expectations for Crescent Energy.
• Neutral Sentiment: At the same time, KeyCorp trimmed some other estimates, including Q2 2026 EPS to $0.50, Q2 2027 EPS to $0.61, and Q3 2027 EPS to $0.57, while slightly lowering FY2027 EPS to $2.48.
• Negative Sentiment: The mixed revisions may be tempering investor enthusiasm, since the stock is trading below KeyCorp’s target even though the brokerage remains constructive on the name.

Crescent Energy Price Performance

Shares of CRGY opened at $11.54 on Tuesday. Crescent Energy has a 1-year low of $7.68 and a 1-year high of $14.29. The stock has a market cap of $3.81 billion, a PE ratio of -15.38 and a beta of 1.37. The firm has a 50-day simple moving average of $12.79 and a two-hundred day simple moving average of $10.82. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.57 and a quick ratio of 0.57.

Crescent Energy (NYSE:CRGY) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.14. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Crescent Energy had a negative net margin of 7.47% and a positive return on equity of 8.10%. The business’s quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.57 earnings per share. As a group, analysts forecast that Crescent Energy will post 1.99 EPS for the current year.

Crescent Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were paid a $0.12 dividend. The ex-dividend date was Monday, May 18th. This represents a $0.48 dividend on an annualized basis and a yield of 4.2%. Crescent Energy’s payout ratio is currently -64.00%.

About Crescent Energy

Crescent Energy Co (NYSE: CRGY) is an independent exploration and production company focused on the acquisition, development and production of oil and natural gas resources in North America. Headquartered in Oklahoma City, the company’s core business activities include the identification and appraisal of prospective acreage, the design and execution of drilling and completion programs, and the ongoing operation and optimization of producing wells. Crescent Energy’s integrated approach emphasizes capital efficiency, reservoir quality and operational reliability to support sustainable cash flow generation over the commodity cycle.

Crescent Energy’s operations are concentrated in the Permian Basin, with a particular focus on the Delaware Basin’s stacked pay intervals.