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

Crescent Energy Company (NYSE:CRGY) – Equities researchers at KeyCorp lifted their Q3 2026 earnings per share estimates for shares of Crescent Energy in a research report issued to clients and investors on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now anticipates that the company will post earnings of $0.61 per share for the quarter, up from their prior estimate of $0.42. KeyCorp has a “Overweight” rating and a $19.00 price objective 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.

Several other equities analysts have also issued reports on the company. Mizuho upped their target price on Crescent Energy from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Stephens reaffirmed an “overweight” rating and issued a $18.00 target price on shares of Crescent Energy in a report on Tuesday, May 5th. Wells Fargo & Company upped their target price on Crescent Energy from $14.00 to $18.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Johnson Rice reaffirmed an “accumulate” rating and issued a $19.00 target price on shares of Crescent Energy in a report on Wednesday, March 25th. Finally, Piper Sandler upped their target price on Crescent Energy from $14.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $16.00.

Crescent Energy Stock Performance

CRGY stock opened at $12.19 on Friday. The firm has a market cap of $4.02 billion, a PE ratio of -16.25 and a beta of 1.37. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.12. The business has a 50 day moving average of $12.82 and a 200-day moving average of $10.81. Crescent Energy has a 12-month low of $7.68 and a 12-month high of $14.29.

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

Crescent Energy Dividend Announcement

The company 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 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, May 18th. Crescent Energy’s dividend payout ratio is -64.00%.

Hedge Funds Weigh In On Crescent Energy

Several institutional investors and hedge funds have recently bought and sold shares of CRGY. Caitlin John LLC bought a new position in Crescent Energy during the third quarter valued at $27,000. Strs Ohio bought a new position in Crescent Energy during the first quarter valued at $32,000. Fifth Third Bancorp grew its holdings in Crescent Energy by 109.3% during the fourth quarter. Fifth Third Bancorp now owns 3,905 shares of the company’s stock valued at $33,000 after purchasing an additional 2,039 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in Crescent Energy by 134.5% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 3,986 shares of the company’s stock valued at $33,000 after purchasing an additional 2,286 shares during the period. Finally, Quarry LP grew its holdings in Crescent Energy by 303.5% during the third quarter. Quarry LP now owns 4,152 shares of the company’s stock valued at $37,000 after purchasing an additional 3,123 shares during the period. 52.11% of the stock is owned by institutional investors.

Crescent Energy Company Profile

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.