Coterra Energy (CTRA) Expected to Announce Quarterly Earnings on Monday

Coterra Energy (NYSE:CTRA - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.71 per share and revenue of $1.92 billion for the quarter.

Coterra Energy Stock Performance

Shares of Coterra Energy stock traded down $0.93 during trading on Wednesday, hitting $24.58. 6,830,354 shares of the company's stock traded hands, compared to its average volume of 6,212,134. Coterra Energy has a 1 year low of $22.30 and a 1 year high of $29.95. The business has a 50-day simple moving average of $26.77 and a 200-day simple moving average of $26.36. The stock has a market capitalization of $18.78 billion, a P/E ratio of 14.81, a PEG ratio of 0.59 and a beta of 0.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.61 and a quick ratio of 1.56.

Coterra Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date of this dividend was Thursday, March 13th. This is an increase from Coterra Energy's previous quarterly dividend of $0.21. Coterra Energy's dividend payout ratio (DPR) is presently 58.28%.

Insider Buying and Selling

In other Coterra Energy news, SVP Kevin William Smith sold 25,733 shares of Coterra Energy stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $29.09, for a total value of $748,572.97. Following the completion of the transaction, the senior vice president now directly owns 106,114 shares of the company's stock, valued at $3,086,856.26. This trade represents a 19.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Michael D. Deshazer sold 35,377 shares of the company's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $26.62, for a total transaction of $941,735.74. Following the sale, the senior vice president now owns 126,770 shares in the company, valued at $3,374,617.40. This represents a 21.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CTRA. Johnson Rice upgraded shares of Coterra Energy from a "hold" rating to an "accumulate" rating and increased their price objective for the company from $34.00 to $37.00 in a research report on Wednesday, March 12th. Barclays dropped their price target on Coterra Energy from $38.00 to $37.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. UBS Group cut their price objective on Coterra Energy from $33.00 to $32.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Piper Sandler increased their target price on Coterra Energy from $34.00 to $37.00 and gave the company an "overweight" rating in a report on Thursday, March 6th. Finally, Truist Financial boosted their price target on Coterra Energy from $33.00 to $37.00 and gave the company a "buy" rating in a research note on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Coterra Energy has an average rating of "Moderate Buy" and a consensus price target of $33.95.

Coterra Energy Company Profile

Coterra Energy Inc, an independent oil and gas company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company's properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma.