This article will look into the CTRA Stock Forecast and the possible price target for the next 10 years. We’ll also tell you about Coterra Energy’s operations, what they do, and their dividend.
Coterra Energy Inc. is a hydrocarbon exploration firm in Houston, Texas, and organized in Delaware. The Permian Basin, Marcellus Shale, and Anadarko Basin are where the corporation operates.
The average CTRA price forecast is $30.55, according to Wall Street analysts who have set a one-year CTRA price forecast, with the highest CTRA stock price projection at $44.00 and the lowest CTRA stock price prognosis at $18.00.
Coterra energy’s stock is expected to hit $30.55 by April 25, 2023, according to Wall Street experts. From the present CTRA share price of $29.62, the average COTERRA ENERGY stock price forecast predicts a possible upside of 3.12%.
Is Coterra Energy a Good Stock to buy?
Ahold is the consensus rating for Coterra Energy. The average rating score for the company is 2.38, based on six buys and six holds. One sells opinions. 4 (30.77 percent) analysts suggest CTRA as a Strong Buy, 2 (15.38 percent) analysts recommend CTRA as a Buy, 5 (38.46 percent) analysts recommend CTRA as a Hold, 1 (7.69 percent) analysts recommend CTRA as a Sell, and 1 (7.69 percent) analysts recommend CTRA as a Strong Sell. It would help if you also made inquiries before investing in it after seeing the percentage.
What Does Coterra Energy do?
Coterra Energy is a leading, diversified energy company with a strong free cash flow profile that is well-positioned to provide excellent long-term profits. We’re designed to withstand the storms with capital allocation flexibility across high-quality, low-cost oil and gas assets.
CTRA Stock Forecast 2023
CTRA’s profits are expected to be $2,683,331,179 on average in 2023, according to 14 Wall Street analysts. The lowest CTRA earnings projection is $1,273,172,151, and the highest CTRA earnings forecast is $4,133,780,466.
CTRA Stock Forecast 2024
CTRA is expected to earn $2,143,441,723 in 2024, with the lowest forecasted earnings of $1,933,932,382 and the highest forecasted earnings of $2,352,951,064
CTRA Stock Forecast 2025
In 2025, CTRA is predicted to generate $3,471,164,037,416 in revenue, with the lowest revenue expected to be $2,321,700,305,386 and the highest revenue expected to be $4,484,063,826,675.
CTRA Stock Dividend Yield
CTRA offers a 6.99 percent dividend yield and paid $2.07 per share last year. Every three months, the dividend is paid, and the next ex-dividend date is May 12, 2022.
How Long do You Need a Stock to Get the Dividend?
It’s unlikely that you’re perplexed by the concept of dividends, and the problematic considerations are the ex-dividend date and the date of record. To be eligible for stock dividends, you must buy (or already hold) the stock at least two days before the record date and still own the shares at the close of trade one business day before the ex-date. That’s one day before the dividend payment is due.
The ex-dividend date is the trading date on or after which a new stock purchase is not yet owing to a dividend.
On the date of record, the firm identifies all of the company’s shareholders.
You must buy the stock at least two business days before the record date and own it by the closing one business day before the ex-date to be eligible for the dividend.
Your goals and risk tolerance will determine whether this is a good investment. Coin decimal can assist you in determining both and determining which investments are most appropriate for you.
Don’t hesitate to share your questions and suggestions about CTRS stock forecast in the comment box.