In today’s recent session, 1.29 million shares of the Coterra Energy Inc (NYSE:CTRA) have been traded, and its beta is 0.32. Most recently the company’s share price was $25.22, and it changed around $0.04 or 0.16% from the last close, which brings the market valuation of the company to $19.25B. CTRA at last check was trading at a discount to its 52-week high of $29.95, offering almost -18.75% off that amount. The share price’s 52-week low was $22.30, which indicates that the recent value has risen by an impressive 11.58% since then. We note from Coterra Energy Inc’s average daily trading volume that its 10-day average is 6.94 million shares, with the 3-month average coming to 7.44 million.
Coterra Energy Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.61. If we narrow it down even further, the data shows that 0 out of 26 analysts rate the stock as a Sell; another 9 rate it as Overweight. Among the rest, 5 recommended CTRA as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight.
Coterra Energy Inc (NYSE:CTRA) trade information
Instantly CTRA has been showing a green trend so far today with a performance of 0.16% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 25.61 on recent trading dayincreased the stock’s daily price by 1.52%. The company’s shares are currently down -3.85% year-to-date, but still up 0.52% over the last five days. On the other hand, Coterra Energy Inc (NYSE:CTRA) is -1.41% down in the 30-day period. We can see from the shorts that 27.47 million shares have been sold at a short interest cover period of 3.93 day(s).
The consensus price target as assigned by Wall Street analysts is $37, which translates to bulls needing to increase their stock price by 31.84% from its current value. Analyst projections state that CTRA is forecast to be at a low of $28 and a high of $38.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -1.62%. Coterra Energy Inc earnings are expected to increase by 65.52% in 2025, but the outlook is positive 29.57% per year for the next five years.
CTRA Dividends
Coterra Energy Inc’s next quarterly earnings report is expected to be released on 2025-May-05. The annual dividend yield of the stock is 3.41 percent and its annual dividend per share was 0.86. It is important to note, however, that the 3.41% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 4.41 per year.
Coterra Energy Inc (NYSE:CTRA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.47% of Coterra Energy Inc shares, and 91.71% of them are in the hands of institutional investors. The stock currently has a share float of 93.09%. Coterra Energy Inc stock is held by 1253.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 11.9314% of the shares, which is about 88.53 million shares worth $2.36 billion.
WELLINGTON MANAGEMENT GROUP LLP, with 7.4762% or 55.47 million shares worth $1.48 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
