Coterra Energy (CTRA) Stock Forecast, Price & News

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coterra Energy in the last year. There are currently 13 hold ratings and 6 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.

19 Wall Street research analysts have issued 1 year price targets for Coterra Energy's shares. Their CTRA share price forecasts range from $26.00 to $42.00. On average, they predict the company's share price to reach $31.47 in the next twelve months. This suggests a possible upside of 15.9% 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 beginning of the year. Since then, CTRA stock has increased by 10.5% and is now trading at $27.14.
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Coterra Energy saw a decline in short interest in August. As of August 31st, there was short interest totaling 26,810,000 shares, a decline of 5.2% from the August 15th total of 28,270,000 shares. Based on an average daily trading volume, of 6,220,000 shares, the short-interest ratio is presently 4.3 days. Currently, 3.6% of the company's stock are sold short.
View Coterra Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our CTRA earnings forecast.

Coterra Energy Inc. (NYSE:CTRA) posted its quarterly earnings data on Monday, August, 7th. The company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.02. The firm earned $1.19 billion during the quarter, compared to analyst estimates of $1.28 billion. Coterra Energy had a trailing twelve-month return on equity of 23.06% and a net margin of 40.12%.

Coterra Energy declared a quarterly dividend on Monday, August 7th. Stockholders of record on Thursday, August 17th will be paid a dividend of $0.20 per share on Thursday, August 31st. This represents a $0.80 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Wednesday, August 16th.
Read our dividend analysis for CTRA.

ETFs with the largest weight of Coterra Energy (NYSE:CTRA) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), Invesco S&P 500 Equal Weight Energy ETF (RSPG), Invesco S&P 500 Equal Weight Energy ETF (RYE), First Trust Energy AlphaDEX Fund (FXN), Formidable Fortress ETF (KONG), First Trust Natural Gas ETF (FCG), iShares U.S. Oil & Gas Exploration & Production ETF (IEO) 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 3.01%. The dividend payout ratio is 20.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTRA will have a dividend payout ratio of 28.07% 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 initial public offering on Thursday, August 10th 2017. The company issued 6,000,000 shares at $23.00-$27.00 per share. Citigroup and Jefferies served 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.98%), State Street Corp (6.65%), Aristotle Capital Management LLC (5.29%), Geode Capital Management LLC (2.46%), Charles Schwab Investment Management Inc. (2.09%) and Victory Capital Management Inc. (2.03%). Insiders that own company stock include Christopher Clason, Dan O Dinges, 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 $27.14.

Coterra Energy (NYSE:CTRA) has a market capitalization of $20.49 billion and generates $9.05 billion in revenue each year. The company earns $4.07 billion in net income (profit) each year or $3.99 on an earnings per share basis.

The company employs 981 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.