Is Coterra Energy Inc (NYSE: CTRA) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Coterra Energy Announces Pricing of Senior Unsecured Notes.

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Stocks Info

Coterra Energy Inc is listed on the NYSE in the Energy sector while operating in the Oil & Gas E&P industry. The current market capitalization of Coterra Energy Inc is $21.06B. A total of 4.85 million shares were traded on the day, compared to an average of 7.05M shares.

In the most recent transaction, Roemer Todd M sold 55,000 shares of CTRA for 27.06 per share on Mar 20 ’24. After the transaction, the Vice Pres & CAO now owns 176,758 company shares. In a previous transaction on Mar 01 ’24, DeShazer Michael D. sold 14,000 shares at 26.06 per share. CTRA shares that VP – Business Units owns now total 93,988.

Among the insiders who sold shares, DINGES DAN O disposed of 68,275 shares on Sep 27 ’23 at a per-share price of $27.22. This resulted in the Director holding 3,152,392 shares of CTRA after the transaction. In another insider transaction, DINGES DAN O sold 81,725 shares at $26.59 per share on Sep 26 ’23. Company shares held by the Director now total 3,220,667.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Coterra Energy Inc pays an annual dividend of $0.81, resulting in a dividend yield of 2.89%, and it has a price to earnings (P/E) ratio of 13.17. CTRA’s most recent ex-dividend date was 3/13/2024 when it declared a $0.21 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 11/30/2023 with an ex-dividend date of 11/15/2023. The CTRA stock dividend was $0.20 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, CTRA has a high of $29.89 and a low of $22.91.

As of this writing, CTRA has an earnings estimate of $0.44 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $0.56 per share and a lower estimate of $0.29. The company reported an EPS of $0.5 in the last quarter, which was 13.60% higher than expectations of $0.44.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CTRA is Buy with a score of 4.35.

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