Coterra Energy (CTRA) Stock Forecast, Price & News

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coterra Energy in the last twelve months. There are currently 16 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CTRA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTRA, but not buy additional shares or sell existing shares.
View CTRA analyst ratings or view top-rated stocks.

20 analysts have issued twelve-month price targets for Coterra Energy's stock. Their CTRA share price forecasts range from $25.00 to $39.00. On average, they expect the company's share price to reach $30.25 in the next twelve months. This suggests a possible upside of 23.2% from the stock's current price.
View analysts price targets for CTRA or view top-rated stocks among Wall Street analysts.

Coterra Energy's stock was trading at $24.57 at the start of the year. Since then, CTRA shares have decreased by 0.1% and is now trading at $24.55.
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Coterra Energy saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 38,630,000 shares, a drop of 7.0% from the April 15th total of 41,540,000 shares. Based on an average daily volume of 8,910,000 shares, the days-to-cover ratio is currently 4.3 days. Currently, 5.2% of the company's shares are sold short.
View Coterra Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our CTRA earnings forecast.

Coterra Energy Inc. (NYSE:CTRA) announced its quarterly earnings data on Thursday, May, 4th. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.69 by $0.16. The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.62 billion. Coterra Energy had a trailing twelve-month return on equity of 29.48% and a net margin of 45.19%.

Coterra Energy announced a quarterly dividend on Wednesday, May 3rd. Investors of record on Friday, May 26th will be paid a dividend of $0.20 per share on Friday, June 9th. This represents a $0.80 annualized dividend and a dividend yield of 3.26%. The ex-dividend date of this dividend is Thursday, May 25th.
Read our dividend analysis for CTRA.

ETFs with the largest weight of Coterra Energy (NYSE:CTRA) stock in their portfolio include Amplify Natural Resources Dividend Income ETF (NDIV), First Trust Energy AlphaDEX Fund (FXN), Invesco S&P 500 Equal Weight Energy ETF (RYE), First Trust Indxx Global Natural Resources Income ETF (FTRI), First Trust Natural Gas ETF (FCG), iShares U.S. Oil & Gas Exploration & Production ETF (IEO), WBI BullBear Yield 3000 ETF (WBIG) and First Trust Nasdaq Oil & Gas ETF (FTXN).

Coterra Energy (NYSE:CTRA) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.31%. The dividend payout ratio is 15.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTRA will have a dividend payout ratio of 25.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CTRA.

(CTRA) raised $150 million in an IPO on Thursday, August 10th 2017. The company issued 6,000,000 shares at $23.00-$27.00 per share. Citigroup and Jefferies acted as the underwriters for the IPO and Credit Suisse, UBS Investment Bank, Barclays, BMO Capital Markets, Clarksons Platou Securities, FBR, Seaport Global Securities and Seaport Global Securities were co-managers.

Coterra Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTRA."

Coterra Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (9.31%), BlackRock Inc. (8.98%), State Street Corp (6.93%), Aristotle Capital Management LLC (5.36%), Geode Capital Management LLC (2.44%) and Charles Schwab Investment Management Inc. (2.01%). Insiders that own company stock include Christopher Clason, Frances M Vallejo, Francis Brian Barron, Hans Helmerich, Kevin William Smith, Michael D Deshazer, Stephen P Bell, Steven W Lindeman, Thomas E Jorden and Todd M Roemer.
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Shares of CTRA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CTRA stock can currently be purchased for approximately $24.55.

Coterra Energy (NYSE:CTRA) has a market capitalization of $18.60 billion and generates $9.05 billion in revenue each year. The company earns $4.07 billion in net income (profit) each year or $5.24 on an earnings per share basis.

The company employs 936 workers across the globe.

Coterra Energy's mailing address is 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN, 37620. The official website for the company is www.cabotog.com. The company can be reached via phone at (281) 589-4600, via email at cabot-ir@cabotog.com, or via fax at 281-589-4828.