Recent Research Analysts’ Ratings Updates for Crescent Energy (CRGY)

Posted by Amy Steele on Mar 24th, 2025

Several brokerages have updated their recommendations and price targets on shares of Crescent Energy (NYSE: CRGY) in the last few weeks:

3/24/2025 – Crescent Energy had its price target lowered by analysts at Wells Fargo & Company from $21.00 to $20.00. They now have an “overweight” rating on the stock.
3/13/2025 – Crescent Energy had its price target lowered by analysts at JPMorgan Chase & Co. from $18.00 to $12.00. They now have a “neutral” rating on the stock.
3/5/2025 – Crescent Energy was downgraded by analysts at Citigroup Inc. to a “reduce” rating.
3/5/2025 – Crescent Energy was given a new $16.00 price target on by analysts at Williams Trading.
3/3/2025 – Crescent Energy had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $17.00 price target on the stock.
2/3/2025 – Crescent Energy is now covered by analysts at Siebert Williams Shank. They set a “buy” rating on the stock.
1/23/2025 – Crescent Energy had its price target raised by analysts at Raymond James from $22.00 to $23.00. They now have a “strong-buy” rating on the stock.

Crescent Energy Stock Up 0.8 %

CRGY stock traded up $0.10 during mid-day trading on Monday, reaching $11.56. The company had a trading volume of 1,622,889 shares, compared to its average volume of 2,920,408. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 18.64 and a beta of 2.18. Crescent Energy has a 52 week low of $9.88 and a 52 week high of $16.94. The stock has a 50 day simple moving average of $13.95 and a two-hundred day simple moving average of $13.48. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.93 and a quick ratio of 0.93.

Crescent Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 4.15%. The ex-dividend date of this dividend is Wednesday, March 12th. Crescent Energy’s payout ratio is -69.57%.

Insider Transactions at Crescent Energy

In related news, Director Michael Duginski purchased 20,000 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average price of $10.57 per share, with a total value of $211,400.00. Following the completion of the purchase, the director now directly owns 259,607 shares in the company, valued at $2,744,045.99. This trade represents a 8.35 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Energy Aggregator Independence sold 2,948,723 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $9.91, for a total transaction of $29,221,844.93. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 24,932 shares of company stock worth $263,219. Company insiders own 13.20% of the company’s stock.

Institutional Trading of Crescent Energy

Institutional investors and hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System increased its stake in shares of Crescent Energy by 30.7% in the 4th quarter. California State Teachers Retirement System now owns 179,917 shares of the company’s stock valued at $2,629,000 after purchasing an additional 42,253 shares during the last quarter. GF Fund Management CO. LTD. acquired a new stake in shares of Crescent Energy in the 4th quarter valued at approximately $754,000. Public Employees Retirement System of Ohio grew its holdings in shares of Crescent Energy by 35.3% during the 4th 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 during the last quarter. Neo Ivy Capital Management grew its holdings in shares of Crescent Energy by 547.9% during the 4th quarter. Neo Ivy Capital Management now owns 254,706 shares of the company’s stock valued at $3,721,000 after purchasing an additional 215,396 shares during the last quarter. Finally, GTS Securities LLC acquired a new position in Crescent Energy during the 4th quarter worth approximately $465,000. Institutional investors own 52.11% of the company’s stock.

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.