Coterra Energy (CTRA) Expected to Announce Earnings on Monday

Coterra Energy (NYSE:CTRA) is anticipated to announce its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.71 per share and revenue of $1.92 billion for the quarter.

Coterra Energy Stock Up 3.2 %

Shares of CTRA opened at $25.68 on Friday. The firm’s 50-day simple moving average is $26.61 and its 200 day simple moving average is $26.36. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.56 and a current ratio of 1.61. The firm has a market cap of $19.62 billion, a P/E ratio of 15.47, a price-to-earnings-growth ratio of 0.59 and a beta of 0.47. Coterra Energy has a 52 week low of $22.30 and a 52 week high of $29.95.

Coterra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a $0.22 dividend. This is an increase from Coterra Energy’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.88 annualized dividend and a dividend yield of 3.43%. Coterra Energy’s dividend payout ratio is presently 58.28%.

Insider Activity at Coterra Energy

In other Coterra Energy news, SVP Kevin William Smith sold 25,733 shares of Coterra Energy stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $29.09, for a total transaction of $748,572.97. Following the transaction, the senior vice president now directly owns 106,114 shares of the company’s stock, valued at approximately $3,086,856.26. The trade was a 19.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Michael D. Deshazer sold 35,377 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $26.62, for a total value of $941,735.74. Following the completion of the sale, the senior vice president now directly owns 126,770 shares of the company’s stock, valued at approximately $3,374,617.40. The trade was a 21.82 % decrease in their position. The disclosure for this sale can be found here. 1.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CTRA shares. The Goldman Sachs Group boosted their price target on Coterra Energy from $33.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Johnson Rice raised shares of Coterra Energy from a “hold” rating to an “accumulate” rating and boosted their target price for the company from $34.00 to $37.00 in a research report on Wednesday, March 12th. Truist Financial raised their price target on shares of Coterra Energy from $33.00 to $37.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Susquehanna cut their price objective on shares of Coterra Energy from $34.00 to $32.00 and set a “positive” rating for the company in a report on Tuesday, April 22nd. Finally, Scotiabank lowered their target price on shares of Coterra Energy from $38.00 to $33.00 and set a “sector outperform” rating on the stock in a report on Friday, April 11th. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $33.95.

About Coterra Energy

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.