Coterra Energy FY2025 EPS Lifted by Capital One Financial

Coterra Energy Inc. (NYSE:CTRA - Free Report) - Research analysts at Capital One Financial boosted their FY2025 earnings per share estimates for shares of Coterra Energy in a report released on Wednesday, January 8th. Capital One Financial analyst B. Velie now expects that the company will earn $3.20 per share for the year, up from their previous forecast of $2.68. The consensus estimate for Coterra Energy's current full-year earnings is $1.53 per share.

Coterra Energy (NYSE:CTRA - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.03). Coterra Energy had a return on equity of 9.38% and a net margin of 21.91%. The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the business earned $0.47 EPS. The business's quarterly revenue was up .2% compared to the same quarter last year.

CTRA has been the topic of several other research reports. Scotiabank cut their price target on Coterra Energy from $35.00 to $32.00 and set a "sector outperform" rating on the stock in a report on Thursday, October 10th. Stephens increased their target price on Coterra Energy from $28.00 to $29.00 and gave the stock an "overweight" rating in a report on Friday, November 1st. Susquehanna boosted their price target on shares of Coterra Energy from $30.00 to $33.00 and gave the company a "positive" rating in a research note on Thursday, November 14th. Barclays raised their price objective on shares of Coterra Energy from $31.00 to $33.00 and gave the company an "overweight" rating in a research note on Thursday, November 14th. Finally, Morgan Stanley boosted their target price on shares of Coterra Energy from $27.00 to $29.00 and gave the stock an "equal weight" rating in a research report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $32.53.

Coterra Energy Price Performance

Shares of NYSE CTRA opened at $27.77 on Monday. The firm has a market capitalization of $20.46 billion, a P/E ratio of 16.73, a P/E/G ratio of 1.64 and a beta of 0.27. The firm's 50-day moving average price is $25.53 and its 200-day moving average price is $24.92. The company has a current ratio of 1.61, a quick ratio of 1.56 and a debt-to-equity ratio of 0.16. Coterra Energy has a 1-year low of $22.30 and a 1-year high of $28.90.

Coterra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Thursday, November 14th were paid a $0.21 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.84 annualized dividend and a dividend yield of 3.02%. Coterra Energy's payout ratio is 50.60%.

Insider Activity

In other Coterra Energy news, SVP Adam M. Vela sold 16,435 shares of the firm's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $26.76, for a total transaction of $439,800.60. Following the sale, the senior vice president now owns 72,409 shares in the company, valued at $1,937,664.84. This trade represents a 18.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Kevin William Smith sold 29,643 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $26.16, for a total value of $775,460.88. Following the transaction, the senior vice president now owns 77,075 shares in the company, valued at $2,016,282. This trade represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.70% of the company's stock.

Institutional Trading of Coterra Energy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in shares of Coterra Energy by 28.4% in the 3rd quarter. Wellington Management Group LLP now owns 71,210,013 shares of the company's stock worth $1,705,480,000 after acquiring an additional 15,736,247 shares during the last quarter. Holocene Advisors LP raised its position in Coterra Energy by 187.2% in the 3rd quarter. Holocene Advisors LP now owns 4,533,269 shares of the company's stock worth $108,572,000 after purchasing an additional 2,954,675 shares during the period. Bank of Montreal Can lifted its stake in Coterra Energy by 160.1% in the second quarter. Bank of Montreal Can now owns 2,898,876 shares of the company's stock worth $80,154,000 after purchasing an additional 1,784,192 shares during the last quarter. Weiss Asset Management LP purchased a new stake in Coterra Energy during the third quarter valued at about $28,380,000. Finally, Marshall Wace LLP grew its stake in shares of Coterra Energy by 5,325.5% during the second quarter. Marshall Wace LLP now owns 1,148,569 shares of the company's stock valued at $30,632,000 after buying an additional 1,127,399 shares during the last quarter. Hedge funds and other institutional investors own 87.92% of the company's stock.

Coterra Energy Company Profile

Coterra Energy Inc, an independent oil and gas company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company's properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma.