William Blair Estimates Crescent Energy FY2026 Earnings

Crescent Energy Company (NYSE:CRGY) – Research analysts at William Blair issued their FY2026 earnings per share estimates for Crescent Energy in a report issued on Tuesday, September 2nd. William Blair analyst N. Dingmann anticipates that the company will post earnings per share of $0.80 for the year. William Blair has a “Outperform” rating on the stock. The consensus estimate for Crescent Energy’s current full-year earnings is $0.77 per share. William Blair also issued estimates for Crescent Energy’s FY2027 earnings at $1.57 EPS, FY2028 earnings at $1.93 EPS and FY2029 earnings at $2.00 EPS.

Crescent Energy (NYSE:CRGY) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.20. The firm had revenue of $897.98 million during the quarter, compared to the consensus estimate of $868.34 million. Crescent Energy had a net margin of 0.67% and a return on equity of 13.35%.

Several other brokerages also recently issued reports on CRGY. Raymond James Financial set a $17.00 price objective on shares of Crescent Energy and gave the stock a “strong-buy” rating in a research report on Wednesday, August 27th. Piper Sandler raised their price objective on shares of Crescent Energy from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Wells Fargo & Company cut their price objective on shares of Crescent Energy from $20.00 to $19.00 and set an “overweight” rating for the company in a research report on Monday, June 16th. Zacks Research downgraded shares of Crescent Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Finally, Wall Street Zen upgraded shares of Crescent Energy from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.00.

Crescent Energy Trading Down 5.2%

Shares of CRGY stock opened at $8.76 on Friday. The firm has a 50 day moving average price of $9.17 and a two-hundred day moving average price of $9.52. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $2.23 billion, a PE ratio of -48.64 and a beta of 1.98. Crescent Energy has a 12-month low of $6.83 and a 12-month high of $16.94.

Institutional Investors Weigh In On Crescent Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in CRGY. Brooklyn Investment Group raised its position in shares of Crescent Energy by 1,110.3% in the first quarter. Brooklyn Investment Group now owns 2,457 shares of the company’s stock valued at $28,000 after buying an additional 2,254 shares in the last quarter. Allworth Financial LP acquired a new stake in shares of Crescent Energy in the first quarter valued at approximately $34,000. Public Employees Retirement System of Ohio raised its position in Crescent Energy by 35.3% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,704 shares of the company’s stock valued at $40,000 after purchasing an additional 705 shares in the last quarter. Osaic Holdings Inc. raised its position in Crescent Energy by 25.2% during the second quarter. Osaic Holdings Inc. now owns 5,301 shares of the company’s stock valued at $46,000 after purchasing an additional 1,066 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Crescent Energy by 287.3% during the second quarter. GAMMA Investing LLC now owns 9,585 shares of the company’s stock valued at $82,000 after purchasing an additional 7,110 shares in the last quarter. 52.11% of the stock is currently owned by institutional investors and hedge funds.

Crescent Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date was Monday, August 18th. Crescent Energy’s payout ratio is presently -266.67%.

Crescent Energy Company Profile

Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers.