FY2026 EPS Estimates for Coterra Energy Lifted by Scotiabank

Coterra Energy Inc. (NYSE:CTRA) – Stock analysts at Scotiabank raised their FY2026 earnings estimates for Coterra Energy in a report released on Tuesday, July 15th. Scotiabank analyst P. Cheng now forecasts that the company will earn $3.37 per share for the year, up from their prior estimate of $3.02. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Coterra Energy’s current full-year earnings is $1.54 per share.

Coterra Energy (NYSE:CTRA) last released its earnings results on Monday, May 5th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.09. Coterra Energy had a net margin of 21.67% and a return on equity of 10.61%. The business had revenue of $924.00 million during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the prior year, the firm earned $0.51 earnings per share. The company’s revenue for the quarter was up 32.9% compared to the same quarter last year.

Other equities research analysts have also issued research reports about the stock. Raymond James Financial set a $38.00 target price on shares of Coterra Energy and gave the stock an “outperform” rating in a report on Friday, June 13th. Wells Fargo & Company dropped their target price on shares of Coterra Energy from $33.00 to $31.00 and set an “overweight” rating for the company in a report on Monday, June 16th. Barclays upped their target price on shares of Coterra Energy from $35.00 to $37.00 and gave the stock an “overweight” rating in a report on Monday, July 7th. Piper Sandler reaffirmed an “overweight” rating and set a $37.00 target price (up previously from $36.00) on shares of Coterra Energy in a report on Thursday. Finally, Pickering Energy Partners lowered shares of Coterra Energy from an “outperform” rating to a “neutral” rating in a report on Tuesday, May 20th. Four analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.16.

Coterra Energy Price Performance

Coterra Energy stock opened at $24.38 on Friday. Coterra Energy has a 52-week low of $22.30 and a 52-week high of $29.95. The firm has a market capitalization of $18.61 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 0.34 and a beta of 0.35. The company has a fifty day simple moving average of $25.30 and a 200-day simple moving average of $26.43. The company has a quick ratio of 0.86, a current ratio of 0.90 and a debt-to-equity ratio of 0.30.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Dark Forest Capital Management LP acquired a new position in Coterra Energy in the fourth quarter valued at about $942,000. State of Tennessee Department of Treasury lifted its position in Coterra Energy by 7.1% in the fourth quarter. State of Tennessee Department of Treasury now owns 472,799 shares of the company’s stock valued at $12,075,000 after buying an additional 31,425 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Coterra Energy in the fourth quarter valued at about $641,000. Intech Investment Management LLC lifted its position in Coterra Energy by 56.7% in the fourth quarter. Intech Investment Management LLC now owns 67,858 shares of the company’s stock valued at $1,733,000 after buying an additional 24,560 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in Coterra Energy by 7.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 123,054 shares of the company’s stock valued at $3,577,000 after buying an additional 8,726 shares during the last quarter. Institutional investors and hedge funds own 87.92% of the company’s stock.

Coterra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were given a $0.22 dividend. The ex-dividend date was Thursday, May 15th. This represents a $0.88 dividend on an annualized basis and a yield of 3.61%. Coterra Energy’s payout ratio is currently 51.16%.

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.