Crescent Point En (CPG) Posts Quarterly Results
Crescent Point En (NYSE:CPG) announced its earnings results on Friday. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.02, Analyst Ratings News reports.
Crescent Point En (NYSE:CPG) traded down 3.40% on Friday, hitting $39.20. 18,304 shares of the company’s stock traded hands. Crescent Point En has a one year low of $33.39 and a one year high of $41.17. The stock’s 50-day moving average is $38.60 and its 200-day moving average is $37.36. The company has a market cap of $15.572 billion and a price-to-earnings ratio of 120.06.
The company also recently declared a monthly dividend, which is scheduled for Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.2103 per share. This represents a $2.52 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Monday, April 28th.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Crescent Point En from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 25th. They now have a $41.60 price target on the stock. Analysts at TheStreet initiated coverage on shares of Crescent Point En in a research note on Friday, February 21st. They set a “hold” rating on the stock.
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