Chord Energy Corporation (NASDAQ:CHRD) Stock Has Consensus Price Target of $174.62 According to Brokerages

Key Points

• Analysts are generally bullish on Chord Energy: The stock has a “Moderate Buy” consensus rating from 17 firms, with an average 12-month price target of $174.62.
• Quarterly results beat expectations: Chord reported EPS of $6.08 versus $5.68 expected and revenue of $1.71 billion versus $1.64 billion expected; revenue grew 30% year over year.
• Shareholders are set to receive a dividend: The company declared a quarterly payment of $1.30 per share, equivalent to $5.20 annually and a 3.8% yield.

Chord Energy Corporation (NASDAQ:CHRD - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seventeen research firms that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $174.62.

A number of research firms have recently weighed in on CHRD. Weiss Ratings upgraded shares of Chord Energy from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Wall Street Zen cut shares of Chord Energy from a "strong-buy" rating to a "buy" rating in a report on Saturday. Zacks Research upgraded shares of Chord Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 20th. Stifel Nicolaus assumed coverage on shares of Chord Energy in a research report on Thursday, September 10th. They set a "buy" rating and a $182.00 target price on the stock. Finally, Mizuho raised their target price on Chord Energy from $175.00 to $179.00 and gave the company an "outperform" rating in a report on Monday, October 5th.

Chord Energy Stock Performance

Shares of CHRD stock opened at $136.49 on Monday. The firm has a market cap of $7.47 billion, a P/E ratio of 8.56 and a beta of 0.48. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.34 and a quick ratio of 1.29. Chord Energy has a fifty-two week low of $84.41 and a fifty-two week high of $159.96. The stock's 50-day moving average is $145.42 and its two-hundred day moving average is $131.87.

Chord Energy (NASDAQ:CHRD - Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $6.08 EPS for the quarter, beating the consensus estimate of $5.68 by $0.40. The business had revenue of $1.71 billion during the quarter, compared to analysts' expectations of $1.64 billion. Chord Energy had a return on equity of 12.54% and a net margin of 13.40%. The firm's quarterly revenue was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.35 EPS. Analysts predict that Chord Energy will post 23.11 earnings per share for the current fiscal year.

Chord Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Thursday, November 19th will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 3.8%. Chord Energy's dividend payout ratio is currently 32.60%.

Insider Transactions at Chord Energy

In related news, EVP Shannon Kinney sold 4,019 shares of the firm's stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $140.00, for a total value of $562,660.00. Following the transaction, the executive vice president directly owned 13,560 shares of the company's stock, valued at approximately $1,898,400. This trade represents a 22.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Samantha Mckinney sold 9,750 shares of the firm's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $149.94, for a total value of $1,461,915.00. Following the completion of the transaction, the director directly owned 7,280 shares in the company, valued at $1,091,563.20. The trade was a 57.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.79% of the company's stock.

Institutional Investors Weigh In On Chord Energy

Several hedge funds have recently modified their holdings of the business. Bank of America Corp DE boosted its position in Chord Energy by 8.4% in the first quarter. Bank of America Corp DE now owns 238,068 shares of the company's stock valued at $33,849,000 after buying an additional 18,399 shares in the last quarter. Globeflex Capital L P acquired a new stake in Chord Energy during the 2nd quarter valued at $585,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Chord Energy in the 2nd quarter valued at $423,000. Royal Bank of Canada boosted its stake in Chord Energy by 119.3% in the first quarter. Royal Bank of Canada now owns 36,579 shares of the company's stock worth $5,202,000 after purchasing an additional 19,896 shares in the last quarter. Finally, Ninepoint Partners LP bought a new stake in shares of Chord Energy during the second quarter valued at approximately $5,144,000. 97.76% of the stock is owned by institutional investors.

Key Headlines Impacting Chord Energy

Here are the key news stories impacting Chord Energy this week:

• Positive Sentiment: Q3 results topped expectations. Chord reported adjusted EPS of $6.08 versus a $5.68 estimate and revenue of $1.71 billion versus $1.64 billion. Revenue rose 30% year over year, reinforcing the company’s earnings momentum. Q3 results
• Positive Sentiment: 2026 oil outlook lifted. Coverage says Chord raised its oil outlook following the strong quarter; updated production guidance for the fourth quarter and full year may also shape investor expectations. 2026 oil outlook coverage
• Positive Sentiment: Truist raised its price target to $197 from $195 and reiterated a Buy rating, signaling continued analyst confidence. Truist rating coverage
• Positive Sentiment: Dividend supports shareholder returns. The company declared a $1.30 quarterly dividend, equivalent to $5.20 annually.
• Positive Sentiment: Valuation commentary points to potential upside. A recent analysis suggests CHRD could be about 27% below fair value, though that estimate is not a guarantee of future performance. Fair value analysis
• Neutral Sentiment: Wells Fargo made a small target cut to $173 from $174, while maintaining its Overweight rating. The change is modest and the rating remains favorable. Wells Fargo rating coverage

Chord Energy Company Profile

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