Coterra Vitality (NYSE:CTRA – Free Report) had its worth goal upped by Susquehanna from $30.00 to $33.00 in a analysis notice launched on Thursday morning,Benzinga experiences. The brokerage at present has a constructive score on the inventory.
A number of different analysis companies have additionally not too long ago weighed in on CTRA. JPMorgan Chase & Co. dropped their worth goal on shares of Coterra Vitality from $31.00 to $26.00 and set an “obese” score for the corporate in a analysis notice on Thursday, September twelfth. Mizuho upped their worth goal on shares of Coterra Vitality from $36.00 to $37.00 and gave the inventory an “outperform” score in a report on Friday, November 1st. Roth Mkm upgraded shares of Coterra Vitality from a “impartial” score to a “purchase” score and upped their worth goal for the inventory from $25.00 to $29.00 in a report on Tuesday, August twenty seventh. Morgan Stanley decreased their worth goal on shares of Coterra Vitality from $29.00 to $27.00 and set an “equal weight” score on the inventory in a report on Monday, September sixteenth. Lastly, Truist Monetary decreased their worth goal on shares of Coterra Vitality from $34.00 to $31.00 and set a “purchase” score on the inventory in a report on Monday, September thirtieth. Two equities analysis analysts have rated the inventory with a maintain score, sixteen have issued a purchase score and one has issued a robust purchase score to the corporate’s inventory. In keeping with MarketBeat, Coterra Vitality presently has a consensus score of “Average Purchase” and a mean goal worth of $32.41.
View Our Newest Analysis Report on CTRA
Coterra Vitality Inventory Efficiency
Coterra Vitality inventory opened at $25.58 on Thursday. The agency has a 50 day easy shifting common of $23.95 and a 200-day easy shifting common of $25.46. Coterra Vitality has a 1-year low of $22.30 and a 1-year excessive of $28.90. The corporate has a debt-to-equity ratio of 0.16, a present ratio of 1.61 and a fast ratio of 1.56. The inventory has a market cap of $18.84 billion, a price-to-earnings ratio of 15.41, a price-to-earnings-growth ratio of 1.67 and a beta of 0.22.
Coterra Vitality (NYSE:CTRA – Get Free Report) final posted its quarterly earnings outcomes on Thursday, October thirty first. The corporate reported $0.32 earnings per share for the quarter, lacking the consensus estimate of $0.35 by ($0.03). Coterra Vitality had a internet margin of 21.91% and a return on fairness of 9.38%. The agency had income of $1.36 billion throughout the quarter, in comparison with analysts’ expectations of $1.28 billion. Throughout the identical interval final 12 months, the corporate earned $0.47 EPS. The enterprise’s quarterly income was up .2% on a year-over-year foundation. On common, analysts anticipate that Coterra Vitality will put up 1.53 EPS for the present 12 months.
Coterra Vitality Dividend Announcement
The corporate additionally not too long ago disclosed a quarterly dividend, which will probably be paid on Wednesday, November twenty seventh. Stockholders of report on Thursday, November 14th will probably be issued a $0.21 dividend. The ex-dividend date is Thursday, November 14th. This represents a $0.84 dividend on an annualized foundation and a dividend yield of three.28%. Coterra Vitality’s payout ratio is 50.60%.
Institutional Traders Weigh In On Coterra Vitality
A variety of hedge funds and different institutional buyers have not too long ago modified their holdings of the corporate. Wellington Administration Group LLP raised its holdings in shares of Coterra Vitality by 28.4% within the third quarter. Wellington Administration Group LLP now owns 71,210,013 shares of the corporate’s inventory valued at $1,705,480,000 after buying a further 15,736,247 shares within the final quarter. Charles Schwab Funding Administration Inc. raised its holdings in shares of Coterra Vitality by 1.4% within the third quarter. Charles Schwab Funding Administration Inc. now owns 22,156,361 shares of the corporate’s inventory valued at $530,645,000 after buying a further 305,626 shares within the final quarter. Geode Capital Administration LLC raised its holdings in shares of Coterra Vitality by 0.7% within the third quarter. Geode Capital Administration LLC now owns 19,000,702 shares of the corporate’s inventory valued at $453,628,000 after buying a further 128,397 shares within the final quarter. Victory Capital Administration Inc. raised its holdings in shares of Coterra Vitality by 1.2% within the third quarter. Victory Capital Administration Inc. now owns 16,963,084 shares of the corporate’s inventory valued at $406,266,000 after buying a further 195,966 shares within the final quarter. Lastly, King Luther Capital Administration Corp grew its place in shares of Coterra Vitality by 4.4% within the 2nd quarter. King Luther Capital Administration Corp now owns 6,783,690 shares of the corporate’s inventory valued at $180,921,000 after shopping for a further 285,774 shares over the past quarter. 87.92% of the inventory is at present owned by institutional buyers and hedge funds.
About Coterra Vitality
Coterra Vitality Inc, an impartial oil and fuel firm, engages within the growth, exploration, and manufacturing of oil, pure fuel, and pure fuel liquids in america. The corporate’s properties embody the Marcellus Shale with roughly 186,000 internet acres within the dry fuel window of the play situated in Susquehanna County, Pennsylvania; Permian Basin properties with roughly 296,000 internet acres situated in west Texas and southeast New Mexico; and Anadarko Basin properties with roughly 182,000 internet acres situated in Oklahoma.
See Additionally
Obtain Information & Scores for Coterra Vitality Each day – Enter your e-mail handle under to obtain a concise every day abstract of the most recent information and analysts’ scores for Coterra Vitality and associated firms with MarketBeat.com’s FREE every day e-mail e-newsletter.
