Coterra Energy (CTRA) Expected to Announce Earnings on Monday

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

Coterra Energy Price Performance

Shares of CTRA opened at $25.68 on Friday. The company has a market cap of $19.62 billion, a P/E ratio of 15.47, a PEG ratio of 0.59 and a beta of 0.47. Coterra Energy has a fifty-two week low of $22.30 and a fifty-two week high of $29.95. The company has a quick ratio of 1.56, a current ratio of 1.61 and a debt-to-equity ratio of 0.16. The firm’s 50 day moving average price is $26.61 and its 200 day moving average price is $26.38.

Coterra Energy Increases Dividend

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

Analyst Upgrades and Downgrades

CTRA has been the subject of several analyst reports. UBS Group lowered their target price on Coterra Energy from $33.00 to $32.00 and set a “buy” rating for the company in a research note on Thursday, April 17th. Morgan Stanley set a $28.00 price objective on Coterra Energy in a research report on Tuesday, April 15th. Scotiabank reduced 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. Jefferies Financial Group lifted their price target on shares of Coterra Energy from $26.00 to $28.00 and gave the stock a “hold” rating in a research note on Tuesday, February 4th. Finally, Truist Financial increased their price objective on shares of Coterra Energy from $33.00 to $37.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Coterra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.95.

Insider Activity at Coterra Energy

In related news, SVP Kevin William Smith sold 25,733 shares of the company’s stock in a transaction on 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 owns 106,114 shares of the company’s stock, valued at $3,086,856.26. This represents a 19.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Michael D. Deshazer sold 35,377 shares of the business’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $26.62, for a total transaction of $941,735.74. Following the sale, the senior vice president now owns 126,770 shares in the company, valued at $3,374,617.40. The trade was a 21.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.70% of the stock is currently owned by insiders.

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.