In the last trading session, 6.98 million shares of the Coterra Energy Inc (NYSE:CTRA) were traded, and its beta was 0.34. Most recently the company’s share price was $26.49, and it changed around -$0.21 or -0.79% from the last close, which brings the market valuation of the company to $20.22B. CTRA currently trades at a discount to its 52-week high of $29.95, offering almost -13.06% off that amount. The share price’s 52-week low was $22.30, which indicates that the current value has risen by an impressive 15.82% since then.
Coterra Energy Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.52. If we narrow it down even further, the data shows that 0 out of 26 analysts rate the stock as a Sell; another 10 rate it as Overweight. Among the rest, 4 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 showed a red trend with a performance of -0.79% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 26.77 on recent trading dayincreased the stock’s daily price by 1.05%. The company’s shares are currently up 3.72% year-to-date, but still up 2.08% over the last five days. On the other hand, Coterra Energy Inc (NYSE:CTRA) is 7.29% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $37, which translates to bulls needing to increase their stock price by 28.41% 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 65.57% in 2025, but the outlook is positive 27.52% per year for the next five years.
CTRA Dividends
Coterra Energy Inc’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 3.25 percent and its annual dividend per share was 0.86. It is important to note, however, that the 3.25% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
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.
