FY2025 EPS Estimates for Chord Energy Increased by Analyst

Key Points

• Capital One Financial has increased its FY2025 EPS estimate for Chord Energy from $10.18 to $10.21, while the current consensus estimate stands at $15.59 per share.
• Multiple analysts have raised their price targets for Chord Energy, with Wells Fargo elevating it to $146.00 and Citigroup to $125.00, while maintaining a positive outlook on the stock.
• Chord Energy recently declared a quarterly dividend of $1.30 per share, reflecting an annualized dividend payout of $5.20 and a yield of 4.7%.

Chord Energy Corporation (NASDAQ:CHRD - Free Report) - Capital One Financial upped their FY2025 earnings estimates for Chord Energy in a note issued to investors on Wednesday, August 27th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $10.21 per share for the year, up from their prior estimate of $10.18. The consensus estimate for Chord Energy's current full-year earnings is $15.59 per share. Capital One Financial also issued estimates for Chord Energy's Q4 2026 earnings at $2.65 EPS, FY2026 earnings at $9.62 EPS and FY2027 earnings at $11.41 EPS.

CHRD has been the topic of several other research reports. Wells Fargo & Company raised their price target on Chord Energy from $143.00 to $146.00 and gave the company an "overweight" rating in a research note on Friday, August 15th. Citigroup upped their target price on Chord Energy from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Piper Sandler lifted their price target on Chord Energy from $164.00 to $166.00 and gave the company an "overweight" rating in a report on Thursday, August 14th. UBS Group boosted their price target on Chord Energy from $120.00 to $122.00 and gave the stock a "buy" rating in a research report on Wednesday, August 20th. Finally, Bank of America dropped their price objective on Chord Energy from $114.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, May 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $148.92.

Chord Energy Stock Up 0.0%

Shares of NASDAQ:CHRD opened at $109.89 on Monday. Chord Energy has a 52-week low of $79.83 and a 52-week high of $150.11. The stock has a market cap of $6.29 billion, a P/E ratio of 27.96 and a beta of 0.97. The business's 50 day moving average is $104.80 and its 200 day moving average is $101.51. The company has a quick ratio of 0.90, a current ratio of 0.97 and a debt-to-equity ratio of 0.11.

Chord Energy (NASDAQ:CHRD - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $1.79 earnings per share for the quarter, missing analysts' consensus estimates of $1.88 by ($0.09). The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $984.07 million. Chord Energy had a net margin of 5.02% and a return on equity of 9.02%. The company's quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.69 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CHRD. Allspring Global Investments Holdings LLC lifted its holdings in shares of Chord Energy by 6.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 791,958 shares of the company's stock valued at $89,198,000 after buying an additional 47,649 shares during the period. Aurora Investment Counsel purchased a new position in Chord Energy during the first quarter valued at approximately $1,940,000. New York State Teachers Retirement System lifted its holdings in Chord Energy by 8.4% in the first quarter. New York State Teachers Retirement System now owns 29,190 shares of the company's stock valued at $3,290,000 after acquiring an additional 2,263 shares during the period. Perigon Wealth Management LLC boosted its position in Chord Energy by 56.9% in the 1st quarter. Perigon Wealth Management LLC now owns 35,642 shares of the company's stock worth $4,018,000 after purchasing an additional 12,925 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of Chord Energy by 309.8% during the 1st quarter. SG Americas Securities LLC now owns 11,092 shares of the company's stock worth $1,250,000 after purchasing an additional 8,385 shares during the period. Hedge funds and other institutional investors own 97.76% of the company's stock.

Insider Buying and Selling

In other news, EVP Shannon Browning Kinney sold 3,019 shares of the company's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $105.43, for a total value of $318,293.17. Following the sale, the executive vice president directly owned 14,650 shares of the company's stock, valued at $1,544,549.50. This represents a 17.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.70% of the company's stock.

Chord Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 8th. Shareholders of record on Thursday, August 21st will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $5.20 dividend on an annualized basis and a yield of 4.7%. Chord Energy's dividend payout ratio (DPR) is currently 132.32%.

About Chord Energy

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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