What is KeyCorp’s Estimate for Crescent Energy Q3 Earnings?

Crescent Energy Company (NYSE:CRGY) – Investment analysts at KeyCorp raised their Q3 2026 earnings per share (EPS) estimates for shares of Crescent Energy in a report issued on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now expects that the company will post earnings of $0.61 per share for the quarter, up from their prior forecast of $0.42. KeyCorp currently has a “Overweight” rating and a $19.00 target price on the stock. The consensus estimate for Crescent Energy’s current full-year earnings is $1.84 per share. KeyCorp also issued estimates for Crescent Energy’s Q4 2026 earnings at $0.54 EPS, FY2026 earnings at $2.12 EPS, Q1 2027 earnings at $0.64 EPS and Q4 2027 earnings at $0.67 EPS.

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

A number of other research analysts also recently issued reports on the company. Weiss Ratings downgraded Crescent Energy from a “hold (c)” rating to a “sell (d)” rating in a research note on Wednesday, May 6th. Johnson Rice reissued an “accumulate” rating and issued a $19.00 price objective on shares of Crescent Energy in a research note on Wednesday, March 25th. Mizuho boosted their target price on Crescent Energy from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $20.00 target price on shares of Crescent Energy in a research report on Thursday, April 30th. Finally, William Blair reiterated an “outperform” rating on shares of Crescent Energy in a report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned 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 presently has an average rating of “Moderate Buy” and a consensus target price of $16.00.

Crescent Energy Stock Down 0.1%

Shares of NYSE:CRGY opened at $12.19 on Friday. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of -16.25 and a beta of 1.37. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.57 and a quick ratio of 0.57. The business’s 50-day moving average is $12.82 and its 200-day moving average is $10.81. Crescent Energy has a 1 year low of $7.68 and a 1 year high of $14.29.

Crescent Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Monday, May 18th. Crescent Energy’s payout ratio is currently -64.00%.

Institutional Trading of Crescent Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio bought a new stake in Crescent Energy during the 1st quarter worth approximately $32,000. Caitlin John LLC bought a new stake in Crescent Energy during the 3rd quarter worth approximately $27,000. Fifth Third Bancorp increased its holdings in Crescent Energy by 109.3% during the 4th quarter. Fifth Third Bancorp now owns 3,905 shares of the company’s stock worth $33,000 after purchasing an additional 2,039 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Crescent Energy by 134.5% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 3,986 shares of the company’s stock worth $33,000 after purchasing an additional 2,286 shares in the last quarter. Finally, Quarry LP increased its holdings in Crescent Energy by 303.5% during the 3rd quarter. Quarry LP now owns 4,152 shares of the company’s stock worth $37,000 after purchasing an additional 3,123 shares in the last quarter. 52.11% of the stock is owned by institutional investors.

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.