Top-Rated Dividend StocksTop-Rated DividendNYSE:CRC California Resources (CRC) Stock Price, News & Analysis $49.73 -2.74 (-5.22%) (As of 09/3/2024 ET) Add Compare Share Share Today's Range$49.62▼$51.6550-Day Range$43.35▼$53.2252-Week Range$43.09▼$58.44Volume617,056 shsAverage Volume887,206 shsMarket Capitalization$3.41 billionP/E Ratio14.25Dividend Yield3.12%Price Target$62.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get California Resources alerts: Email Address California Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside26.2% Upside$62.75 Price TargetShort InterestBearish8.57% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.01Based on 6 Articles This WeekInsider TradingAcquiring Shares$1 M Bought Last QuarterProj. Earnings Growth27.83%From $3.45 to $4.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.78 out of 5 starsOils/Energy Sector26th out of 241 stocksCrude Petroleum & Natural Gas Industry15th out of 82 stocks 4.4 Analyst's Opinion Consensus RatingCalifornia Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageCalifornia Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about California Resources' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.57% of the float of California Resources has been sold short.Short Interest Ratio / Days to CoverCalifornia Resources has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in California Resources has recently increased by 3.62%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldCalifornia Resources pays a meaningful dividend of 2.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCalifornia Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of California Resources is 44.41%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, California Resources will have a dividend payout ratio of 35.15% next year. This indicates that California Resources will be able to sustain or increase its dividend.Read more about California Resources' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CRC. Previous Next 3.3 News and Social Media Coverage News SentimentCalifornia Resources has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for California Resources this week, compared to 3 articles on an average week.Search Interest6 people have searched for CRC on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, California Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,002,333.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.03% of the stock of California Resources is held by insiders.Percentage Held by Institutions97.79% of the stock of California Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about California Resources' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for California Resources are expected to grow by 27.83% in the coming year, from $3.45 to $4.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of California Resources is 14.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.18.Price to Earnings Ratio vs. SectorThe P/E ratio of California Resources is 14.25, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.81.Price to Earnings Growth RatioCalifornia Resources has a PEG Ratio of 1.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCalifornia Resources has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about California Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressEx WH Advisor Who Predicted Biden Leaving Race Makes Startling New PredictionFormer advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… About California Resources Stock (NYSE:CRC)California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It also engages in the generation and sale of electricity to the wholesale power market and utility sector; and developing various carbon capture and storage projects in California. The company was incorporated in 2014 and is based in Long Beach, California.Read More CRC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRC Stock News HeadlinesAugust 14, 2024 | insidertrades.comInsider Buying: California Resources Co. (NYSE:CRC) Director Acquires 20,895 Shares of StockSeptember 1 at 1:56 PM | theglobeandmail.com1 Energy Dividend Stock to Invest in the Data Center BoomSeptember 3, 2024 | Behind the Markets (Ad)Unveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?August 27, 2024 | stocknews.com3 Energy Stocks Offering High Dividends and GrowthAugust 27, 2024 | finance.yahoo.comLayoffs announced for Aera and CRC employees due to mergerAugust 22, 2024 | businesswire.comCalifornia Resources Corporation Announces Consideration for Tender Offer for Certain of its 7.125% Senior Notes due 2026August 21, 2024 | finance.yahoo.comCalifornia Resources Corporation Announces Early Tender Results of Tender Offer for Certain of its 7.125% Senior Notes due 2026August 15, 2024 | finance.yahoo.comWe Think That There Are More Issues For California Resources (NYSE:CRC) Than Just Sluggish EarningsSeptember 3, 2024 | Behind the Markets (Ad)Unveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?August 14, 2024 | finance.yahoo.comDirector Christian Kendall Acquires 20,895 Shares of California Resources Corp (CRC)August 9, 2024 | finance.yahoo.comCalifornia Resources Corporation Announces Pricing of Upsized Private Offering of $300 Million of Additional 8.250% Senior Unsecured Notes due 2029August 8, 2024 | finance.yahoo.comCalifornia Resources Corporation Announces Cash Tender Offer for up to $200 Million of its 7.125% Senior Notes due 2026August 8, 2024 | finance.yahoo.comCalifornia Resources Corporation Announces Private Offering of Additional 8.250% Senior Unsecured Notes due 2029August 7, 2024 | seekingalpha.comCalifornia Resources Corporation 2024 Q2 - Results - Earnings Call PresentationAugust 7, 2024 | markets.businessinsider.comUnderstanding Buy Ratings: Factors Influencing Positive Analyst RecommendationsAugust 6, 2024 | finance.yahoo.comCalifornia Resources Reports Second Quarter 2024 Financial and Operating ResultsAugust 3, 2024 | msn.comChevron heads for Houston — cue the mud-slingingAugust 2, 2024 | seekingalpha.comCRC California Resources CorporationSee More Headlines Receive CRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for California Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/14 Dividend5/31/2024Dividend Payable6/14/2024Last Earnings8/06/2024Ex-Dividend for 9/16 Dividend8/30/2024Today9/03/2024Dividend Payable9/16/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:CRC CUSIPN/A CIK1609253 Webwww.crc.com Phone888-848-4754FaxN/AEmployees1,060Year FoundedN/APrice Target and Rating Average Stock Price Target$62.75 High Stock Price Target$69.00 Low Stock Price Target$55.00 Potential Upside/Downside+26.1%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.49 Trailing P/E Ratio14.26 Forward P/E Ratio14.43 P/E Growth1.29Net Income$564 million Net Margins7.61% Pretax Margin10.63% Return on Equity11.27% Return on Assets5.80% Debt Debt-to-Equity Ratio0.57 Current Ratio2.43 Quick Ratio2.33 Sales & Book Value Annual Sales$2.31 billion Price / Sales1.48 Cash Flow$8.25 per share Price / Cash Flow6.03 Book Value$30.23 per share Price / Book1.65Miscellaneous Outstanding Shares68,531,000Free Float68,510,000Market Cap$3.41 billion OptionableOptionable Beta0.98 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Francisco J. Leon (Age 47)CEO, President & Director Comp: $2.5MMr. Manuela MolinaExecutive VP & CFOMr. Michael L. Preston (Age 59)EVP, Chief Strategy Officer, Corporate Secretary & General Counsel Comp: $1.91MMr. Jay A. Bys (Age 58)Executive VP & Chief Commercial Officer Comp: $1.75MMr. Chris D. Gould (Age 53)Executive VP & Chief Sustainability Officer Comp: $1.79MMr. Omar Hayat (Age 47)Executive Vice President of Operations Ms. Noelle M. Repetti (Age 54)Senior VP, Controller & Principal Accounting Officer Joanna ParkVice President of Investor RelationsRichard VennDirector of CommunicationsMs. Alana A. SotiriVice President of Human ResourcesMore ExecutivesKey CompetitorsOvintivNYSE:OVVPermian ResourcesNASDAQ:PRChesapeake EnergyNASDAQ:CHKViper EnergyNASDAQ:VNOMAntero ResourcesNYSE:ARView All CompetitorsInsiders & InstitutionsMaven Securities LTDSold 10,000 shares on 8/29/2024Ownership: 0.073%Creative PlanningBought 3,205 shares on 8/16/2024Ownership: 0.019%Algert Global LLCBought 7,303 shares on 8/16/2024Ownership: 0.011%Scientech Research LLCBought 5,495 shares on 8/15/2024Ownership: 0.015%Mackenzie Financial CorpSold 9,031 shares on 8/15/2024Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions CRC Stock Analysis - Frequently Asked Questions How have CRC shares performed this year? California Resources' stock was trading at $54.68 at the beginning of 2024. Since then, CRC stock has decreased by 9.1% and is now trading at $49.73. View the best growth stocks for 2024 here. How were California Resources' earnings last quarter? California Resources Co. (NYSE:CRC) announced its quarterly earnings data on Tuesday, August, 6th. The oil and gas producer reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $0.96 by $0.36. The firm's revenue was down 13.0% compared to the same quarter last year. When did California Resources' stock split? California Resources shares reverse split on Wednesday, June 1st 2016. The 1-10 reverse split was announced on Monday, May 9th 2016. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 31st 2016. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. Who are California Resources' major shareholders? California Resources' top institutional investors include Dimensional Fund Advisors LP (5.22%), LSV Asset Management (4.47%), American Century Companies Inc. (2.38%) and Victory Capital Management Inc. (1.57%). Insiders that own company stock include Mark Allen Mcfarland, William B Roby, Christian S Kendall, Ares Management Llc and Goldentree Asset Management Lp. View institutional ownership trends. How do I buy shares of California Resources? Shares of CRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of California Resources own? Based on aggregate information from My MarketBeat watchlists, some other companies that California Resources investors own include Macrocure Ltd. - Ordinary Share (MCUR), LinnCo (LNCOQ), Adverum Biotechnologies (ADVM), Occidental Petroleum (OXY), (GBSN) (GBSN), Bank of America (BAC) and Northern Trust (NTRS). 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