FY2027 EPS Estimates for Coterra Energy Boosted by Analyst

Key Points

• Scotiabank raised its FY2027 EPS estimate for Coterra to $2.42 (from $2.02) and keeps a Sector Perform rating with a $32 target, while the consensus current full‑year earnings estimate is $2.87 per share.
• Several other analysts have bumped targets (e.g., Morgan Stanley to $42, UBS to $38, BMO to $35), leaving a MarketBeat consensus rating of Moderate Buy and an average price target of $37.13.
• Coterra trades around $33.73 with a market cap of $25.61B and a PE of 14.79, and it pays a quarterly $0.22 dividend (annualized $0.88) for a 2.6% yield.

Coterra Energy Inc. (NYSE:CTRA - Free Report) - Equities researchers at Scotiabank upped their FY2027 EPS estimates for Coterra Energy in a research note issued to investors on Thursday, April 23rd. Scotiabank analyst B. Zhang now forecasts that the company will earn $2.42 per share for the year, up from their prior estimate of $2.02. Scotiabank currently has a "Sector Perform" rating and a $32.00 target price on the stock. The consensus estimate for Coterra Energy's current full-year earnings is $2.87 per share.

A number of other equities research analysts have also recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Coterra Energy from $28.00 to $42.00 and gave the stock an "equal weight" rating in a report on Friday, March 27th. Texas Capital cut shares of Coterra Energy from a "strong-buy" rating to a "hold" rating in a report on Monday, March 9th. BMO Capital Markets upped their price objective on shares of Coterra Energy from $32.00 to $35.00 and gave the stock a "market perform" rating in a report on Tuesday, March 3rd. UBS Group upped their price objective on shares of Coterra Energy from $33.00 to $38.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. Finally, Siebert Williams Shank cut shares of Coterra Energy from a "buy" rating to a "hold" rating in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, Coterra Energy has a consensus rating of "Moderate Buy" and an average price target of $37.13.

Coterra Energy Trading Up 0.6%

NYSE CTRA opened at $33.73 on Tuesday. Coterra Energy has a 1-year low of $22.33 and a 1-year high of $36.88. The company has a current ratio of 1.19, a quick ratio of 1.16 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $25.61 billion, a PE ratio of 14.79, a price-to-earnings-growth ratio of 0.49 and a beta of 0.29. The firm's fifty day simple moving average is $32.66 and its 200-day simple moving average is $28.49.

Hedge Funds Weigh In On Coterra Energy

A number of institutional investors have recently made changes to their positions in CTRA. EverSource Wealth Advisors LLC increased its stake in shares of Coterra Energy by 72.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,537 shares of the company's stock worth $141,000 after purchasing an additional 2,328 shares during the period. Jump Financial LLC increased its stake in shares of Coterra Energy by 64.4% in the second quarter. Jump Financial LLC now owns 32,498 shares of the company's stock worth $825,000 after purchasing an additional 12,731 shares during the period. Bank of Nova Scotia increased its stake in shares of Coterra Energy by 31.9% in the second quarter. Bank of Nova Scotia now owns 104,835 shares of the company's stock worth $2,661,000 after purchasing an additional 25,343 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Coterra Energy by 9.6% in the second quarter. Daiwa Securities Group Inc. now owns 114,440 shares of the company's stock worth $2,904,000 after purchasing an additional 9,988 shares during the period. Finally, Frontier Capital Management Co. LLC increased its stake in shares of Coterra Energy by 9.4% in the second quarter. Frontier Capital Management Co. LLC now owns 12,630 shares of the company's stock worth $321,000 after purchasing an additional 1,085 shares during the period. 87.92% of the stock is currently owned by institutional investors.

Coterra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th were paid a $0.22 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.6%. Coterra Energy's payout ratio is presently 38.60%.

About Coterra Energy

Coterra Energy NYSE: CTRA is an independent oil and natural gas exploration and production company focused on the development, production and optimization of onshore hydrocarbon resources in the United States. The company’s operations center on the exploration, drilling, completion and production of crude oil, natural gas and natural gas liquids (NGLs), with an emphasis on maximizing operational efficiency and capital discipline across its asset base.

Its business activities include identifying and developing resource-rich acreage, operating producing wells, managing reservoir performance and marketing produced hydrocarbons to a range of midstream and energy customers.

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