How to Buy Coterra Energy Stock
Coterra Energy Inc
Coterra Energy is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker CTRA on the NYSE exchange.
Coterra Energy stock last closed at $28.43, down 0.11% from the previous day, and has increased 13.04% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.1 percentage points. Coterra Energy stock is currently +24.09% from its 52-week low of $22.91, and -4.88% from its 52-week high of $29.89.
There are currently 751.85M shares of CTRA outstanding. The market capitalization of CTRA is $21.38B. In the past 24 hours, 4.4M CTRA shares were traded.
How to Buy Coterra Energy Stock
Not sure how to invest in Coterra Energy stock? Here's how.
- Figure out where to buy Coterra Energy stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Coterra Energy stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your method of payment and add your information.
- Evaluate Coterra Energy stock: The Coterra Energy ticker symbol is CTRA. Is Coterra Energy stock a good investment? Should you buy shares of CTRA? How do CTRA's underlying business fundamentals look? Do top analysts think Coterra Energy is a good buy? Why has CTRA's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if CTRA is a good stock to buy).
- Make your CTRA buy order: Decide if you will purchase CTRA shares at the current market price or use a limit order to buy CTRA stock at a specific price.
- Keep tabs on your investment in CTRA: Create a watchlist to the latest updates on your position in Coterra Energy stock.
Step 1: Figure out where to buy Coterra Energy stock
You will need an online brokerage account to access the NYSE market and buy CTRA shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you are able to invest in CTRA stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock investing app, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help transferring money into your new brokerage account.
Step 4: Evaluate Coterra Energy stock
After you have figured out the best place to buy Coterra Energy stock, it's important to research their stock prior to investing, so you truly wrap your head around the risk and opportunity.
Coterra Energy Metrics
CTRA Overview
WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CTRA's stock page.
What is the fair value of CTRA stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CTRA's true value.
Using relative valuations metrics:
- CTRA could be undervalued based on its P/E ratio of 13.29x, relative to Oil & Gas E&P industry P/E ratio of 15.49x
- CTRA could be undervalued based on its P/B ratio of 1.64x, relative to Oil & Gas E&P industry P/B ratio of 2.17x
You can do more valuation research on CTRA's stock here.
Is CTRA a healthy company?
Positive Health Checks:
- CTRA earnings of $2.20B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the CTRA balance sheet.
- CTRA's operating cash flow of $3.66B allows it to safely service it's debt of $2.16B.
- Total CTRA debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- CTRA profit margin has gone down from 44.9% to 27.5% in the past year.
- There are more long-term liabilities than short-term assets on the CTRA balance sheet.
- CTRA has a relatively high debt to equity ratio of 0.57.
Do analysts think it's a good time to buy CTRA stock
Out of 15 Equities analysts who give recommendations on CTRA, the consensus analyst rating on CTRA is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent CTRA Analyst Forecasts
Neal Dingmann, a top 1% analyst from Truist Securities maintains CTRA with a hold rating and lowers their CTRA price target from $30.00 to $27.00, on Apr 5, 2024.
Arun Jayaram, a top 10% analyst from JP Morgan maintains CTRA with a strong buy rating and raises their CTRA price target from $29.00 to $30.00, on Apr 4, 2024.
JP Morgan's Arun Jayaram raised their price target on Coterra Energy (NYSE: CTRA) by 3.4% from $29 to $30 on 2024/04/04. The analyst maintained their Strong Buy rating on the stock.
The company's Q1 2024 results should be "positively themed by upbeat operational performance in the Delaware Basin," with oil volumes trending near the high end of management's guidance range, the analyst wrote in a note previewing Coterra Energy's print, expected to released on 2024/05/02.
Footnotes
The current Zacks Consensus EPS Estimate for Coterra's Q1 is $0.45 which, if achieved, would represent a 48.28% decline from Q1 2023's $0.87.
Nitin Kumar, a top 1% analyst from Mizuho reiterates CTRA with a strong buy rating and maintains their CTRA price target from $34.00 to $34.00, on Apr 3, 2024.
Derrick Whitfield, a top 8% analyst from Stifel Nicolaus maintains CTRA with a strong buy rating and lowers their CTRA price target from $33.00 to $31.00, on Mar 22, 2024.
Roger Read, a top 2% analyst from Wells Fargo maintains CTRA with a strong buy rating and raises their CTRA price target from $30.00 to $34.00, on Mar 12, 2024.
You can dig deeper into what analysts are saying on the Coterra Energy stock forecast page.
CTRA Technicals
CTRA Growth Numbers
Last year, CTRA earnings were $1.63B. During the past 5 year, CTRA's earnings have increased by 11.35% per year. This was slower than the Oil & Gas E&P industry average of 12.91%.
Last year, CTRA revenue was $5.91B. During the past five year, CTRA's revenue has grown by 22% per year. This was faster than the Oil & Gas E&P industry average of 19.16%.
Learn more about CTRA's earnings and revenue performance here.
Who is buying/selling CTRA?
Over the last 12 months, insiders at CTRA have sold more shares than they have bought.
Todd M. Roemer, Vice Pres CAO of CTRA, was the latest CTRA insider to sell. They sold $1,488,300.00 worth of CTRA shares on Mar 20, 2024.
Get more info about who owns CTRA stock here.
Does CTRA provide a stable income stream?
Coterra Energy pays a dividend of 2.85%, compared to the Oil & Gas E&P industry's average dividend yield of 3.55%. If you owned $1,000 worth of CTRA stock, you would have been paid $28.49 in the past year.
Coterra Energy dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more analysis about Coterra Energy dividend yield and history here.
What others are saying about CTRA
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your CTRA buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in CTRA
Now that you own some shares in CTRA, you'll want to keep up with your investment.
Add CTRA to a watchlist to get notified of the latest news about your CTRA stock.
CTRA Feed
How to Buy Stock in Coterra Energy
To reiterate, here are the 6 steps for buying Coterra Energy stock:
- Figure out where to buy Coterra Energy stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Coterra Energy stock
- Make your CTRA buy order
- Keep tabs on your investment in CTRA
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Coterra Energy, get started below.
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