Coterra Energy Inc (NYSE:CTRA) has a beta value of 0.32 and has seen 1.33 million shares traded in the recent trading session. The company, currently valued at $19.20B, closed the recent trade at $25.15 per share which meant it lost -$0.3 on the day or -1.18% during that session. The CTRA stock price is -19.09% off its 52-week high price of $29.95 and 11.33% above the 52-week low of $22.30. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.19 million shares traded. The 3-month trading volume is 7.27 million shares.
The consensus among analysts is that Coterra Energy Inc (CTRA) is Buy stock at the moment, with a recommendation rating of 1.61. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 11 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight.
Coterra Energy Inc (NYSE:CTRA) trade information
Sporting -1.18% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CTRA stock price touched $25.15 or saw a rise of 2.33%. Year-to-date, Coterra Energy Inc shares have moved -6.82%, while the 5-day performance has seen it change -0.12%. Over the past 30 days, the shares of Coterra Energy Inc (NYSE:CTRA) have changed -3.79%. Short interest in the company has seen 27.47 million shares shorted with days to cover at 3.93.
Wall Street analysts have a consensus price target for the stock at $37, which means that the shares’ value could jump 32.03% from the levels at last check today.. The projected low price target is $28.0 while the price target rests at a high of $38.0. In that case, then, we find that the latest price level in today’s session is -51.09% off the targeted high while a plunge would see the stock gain -11.33% from the levels at last check today..
Coterra Energy Inc (CTRA) estimates and forecasts
The company’s shares have lost -9.43% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -1.62% over the past 5 years. Earnings growth for 2025 is a modest 63.93% while over the next 5 years, the company’s earnings are expected to increase by 28.73%.
CTRA Dividends
Coterra Energy Inc is expected to release its next earnings report on 2025-May-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.86 at a share yield of 3.42%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.41%.
Coterra Energy Inc (NYSE:CTRA)’s Major holders
Insiders own 1.47% of the company shares, while shares held by institutions stand at 91.71% with a share float percentage of 93.09%. Investors are also buoyed by the number of investors in a company, with Coterra Energy Inc having a total of 1253.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 88.53 million shares worth more than $2.36 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.9314% of shares outstanding.
The other major institutional holder is WELLINGTON MANAGEMENT GROUP LLP, with the holding of over 55.47 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.48 billion and represent 7.4762% of shares outstanding.
