FY2025 EPS Estimates for Chord Energy Decreased by Analyst

Chord Energy Co. (NASDAQ:CHRD - Free Report) - Investment analysts at Capital One Financial dropped their FY2025 earnings per share (EPS) estimates for Chord Energy in a research report issued to clients and investors on Thursday, May 15th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings per share of $11.95 for the year, down from their prior estimate of $12.75. The consensus estimate for Chord Energy's current full-year earnings is $15.59 per share.

Chord Energy (NASDAQ:CHRD - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $4.04 EPS for the quarter, topping analysts' consensus estimates of $3.60 by $0.44. Chord Energy had a return on equity of 12.88% and a net margin of 19.74%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period last year, the business posted $5.10 EPS. The company's quarterly revenue was up 12.0% compared to the same quarter last year.

CHRD has been the subject of several other research reports. Piper Sandler dropped their price objective on shares of Chord Energy from $184.00 to $183.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Wells Fargo & Company decreased their price target on shares of Chord Energy from $166.00 to $158.00 and set an "overweight" rating for the company in a research report on Tuesday, April 15th. Mizuho cut their price objective on Chord Energy from $154.00 to $150.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 13th. Williams Trading set a $155.00 price objective on Chord Energy in a research note on Wednesday, March 5th. Finally, Royal Bank of Canada lowered their target price on Chord Energy from $165.00 to $145.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $153.92.

Chord Energy Trading Up 0.8%

NASDAQ CHRD opened at $96.67 on Monday. The firm has a market capitalization of $5.58 billion, a price-to-earnings ratio of 4.98, a PEG ratio of 5.83 and a beta of 0.99. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.93. Chord Energy has a one year low of $79.83 and a one year high of $188.02. The company's 50 day moving average price is $98.06 and its 200 day moving average price is $111.46.

Chord Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 9th. Stockholders of record on Wednesday, May 21st will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 5.38%. The ex-dividend date is Wednesday, May 21st. Chord Energy's dividend payout ratio (DPR) is currently 34.78%.

Insider Transactions at Chord Energy

In other news, EVP Shannon Browning Kinney sold 3,091 shares of the stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $94.10, for a total transaction of $290,863.10. Following the transaction, the executive vice president now owns 21,277 shares of the company's stock, valued at approximately $2,002,165.70. This trade represents a 12.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.70% of the company's stock.

Institutional Trading of Chord Energy

Several hedge funds and other institutional investors have recently bought and sold shares of CHRD. FMR LLC grew its position in shares of Chord Energy by 11.5% in the 4th quarter. FMR LLC now owns 3,814,384 shares of the company's stock worth $445,978,000 after acquiring an additional 394,372 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Chord Energy by 27.6% in the fourth quarter. Victory Capital Management Inc. now owns 2,864,456 shares of the company's stock worth $334,912,000 after purchasing an additional 619,021 shares during the period. Boston Partners boosted its holdings in Chord Energy by 5.6% in the fourth quarter. Boston Partners now owns 2,186,483 shares of the company's stock worth $255,684,000 after purchasing an additional 115,215 shares during the period. Pacer Advisors Inc. lifted its position in shares of Chord Energy by 50.4% in the 4th quarter. Pacer Advisors Inc. now owns 1,872,156 shares of the company's stock worth $218,892,000 after buying an additional 627,122 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Chord Energy by 3.7% in the 1st quarter. American Century Companies Inc. now owns 1,157,870 shares of the company's stock valued at $130,515,000 after buying an additional 41,797 shares during the period. 97.76% of the stock is owned by institutional investors.

Chord Energy Company Profile

Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. The company sells its products to refiners, marketers, and other purchasers that have access to nearby pipeline and rail facilities.

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