Coterra Energy Inc (NYSE:CTRA)’s traded shares stood at 7.82 million during the last session, with the company’s beta value hitting 0.21. At the close of trading, the stock’s price was $23.85, to imply a decrease of -0.58% or -$0.14 in intraday trading. The CTRA share’s 52-week high remains $28.90, putting it -21.17% down since that peak but still an impressive 6.5% since price per share fell to its 52-week low of $22.30. The company has a valuation of $17.63B, with an average of 4.37 million shares in intraday trading volume over the past 10 days and average of 5.65 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Coterra Energy Inc (CTRA), translating to a mean rating of 1.47. Of 11 analyst(s) looking at the stock, 0 analyst(s) give CTRA a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 7 recommend it as a Buy.

Coterra Energy Inc (NYSE:CTRA) trade information

After registering a -0.58% downside in the last session, Coterra Energy Inc (CTRA) has traded red over the past five days. The 5-day price performance for the stock is 0.29%, and 3.43% over 30 days. With these gigs, the year-to-date price performance is -6.54%. Short interest in Coterra Energy Inc (NYSE:CTRA) saw shorts transact 18.29 million shares and set a 2.88 days time to cover.

The extremes give us $18 and $42 for target low and target high price respectively. As such, CTRA has been trading -76.1% off suggested target high and 24.53% from its likely low.

Coterra Energy Inc (CTRA) estimates and forecasts

Looking at statistics comparing Coterra Energy Inc share performance against respective industry, we note that the company has underperformed competitors. Coterra Energy Inc (CTRA) shares are -15.69% down over the last 6 months, with its year-to-date growth rate lower than industry average at -25.22% against -11.70%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 11.36% for the past 5-year period. While 2024 is set for a -25.29% return in earnings, projections for the next 5 years are at 16.03% annually.

CTRA Dividends

Coterra Energy Inc has its next earnings report out on 2024-Oct-31. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Coterra Energy Inc has a forward dividend ratio of 0.83, with the share yield ticking at 3.48% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 4.25%.

Coterra Energy Inc (NYSE:CTRA)’s Major holders

Coterra Energy Inc insiders hold 1.80% of total outstanding shares, with institutional holders owning 89.85% of the shares at 91.49% float percentage. In total, 89.85% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 88.53 million shares (or 11.8041% of shares), all amounting to roughly $2.36 billion.

The next major institution holding the largest number of shares is WELLINGTON MANAGEMENT GROUP LLP with 55.47 million shares, or about 7.3965% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.48 billion.

We also have Vanguard Total Stock Market Index Fund and Select Sector SPDR Fund-Energy Select as the top two Mutual Funds with the largest holdings of the Coterra Energy Inc (CTRA) shares. Going by data provided on Jun 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 22.36 shares. This is just over 3.03% of the total shares, with a market valuation of $533.37 million. Data from the same date shows that the other fund manager holds a little less at 19.69, or 2.66% of the shares, all valued at about 469.72 million.