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 $28.86, up 0.87% from the previous day, and has increased 16.28% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.29 percentage points. Coterra Energy stock is currently +29.42% from its 52-week low of $22.30, and -1.06% from its 52-week high of $29.17.
There are currently 736.61M shares of CTRA outstanding. The market capitalization of CTRA is $21.26B. In the past 24 hours, 7.3M 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 17.39x, relative to Oil & Gas E&P industry P/E ratio of 17.89x
- CTRA could be undervalued based on its P/B ratio of 1.63x, relative to Oil & Gas E&P industry P/B ratio of 1.83x
- CTRA may be undervalued based on its PEG ratio of 0.36x
You can do more valuation research on CTRA's stock here.
CTRA Financials at a glance
Positive Health Checks:
- CTRA earnings of $1.71B is not enough to cover its interest payments.
- Total CTRA debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the CTRA balance sheet.
- CTRA's operating cash flow of $2.93B allows it to safely service it's debt of $2.07B.
Negative Health Checks:
- CTRA has a relatively high debt to equity ratio of 0.54.
- There are more long-term liabilities than short-term assets on the CTRA balance sheet.
- CTRA profit margin has gone down from 34% to 21.9% in the past year.
Is Coterra Energy stock a Buy, Hold, or Sell, according to analysts?
Out of 13 Equities analysts who research CTRA, the consensus analyst rating on CTRA is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Latest CTRA Analyst Ratings
Josh Silverstein, a top 25% analyst from UBS maintains CTRA with a strong buy rating and raises their CTRA price target from $31.00 to $35.00, on Nov 15, 2024.
Devin McDermott, a top 4% analyst from Morgan Stanley maintains CTRA with a hold rating and raises their CTRA price target from $27.00 to $29.00, on Nov 14, 2024.
Betty Jiang, a bottom 10% analyst from Barclays maintains CTRA with a strong buy rating and raises their CTRA price target from $31.00 to $33.00, on Nov 14, 2024.
Biju Perincheril, a bottom 2% analyst from Susquehanna maintains CTRA with a strong buy rating and raises their CTRA price target from $30.00 to $33.00, on Nov 14, 2024.
Mike Scialla, a top 11% analyst from Stephens & Co. maintains CTRA with a strong buy rating and raises their CTRA price target from $28.00 to $29.00, on Nov 1, 2024.
You can dive deeper into what analysts are projecting on the Coterra Energy stock forecast page.
CTRA Momentum
CTRA Growth Metrics
Last year, CTRA earnings were $1.24B. Over the past five year, CTRA's earnings have increased by -2.56% per year. This was slower than the Oil & Gas E&P industry average of 17.66%.
Last year, CTRA revenue was $5.66B. In the last 5 year, CTRA's revenue has grown by 19.51% per year. This was faster than the Oil & Gas E&P industry average of 10.53%.
Dive into CTRA's earnings and revenue performance here.
Who is buying/selling CTRA?
Over the past 12 months, executives and large shareholders at CTRA have sold more shares than they have bought.
Kevin William Smith, SVP Chief Technology Officer of CTRA, was the latest CTRA insider to sell. They sold $775,460.88 worth of CTRA stock on Dec 3, 2024.
Dig into more about who owns CTRA stock here.
Does CTRA provide a stable income stream?
Coterra Energy pays a dividend of 2.91%, compared to the Oil & Gas E&P industry's average dividend yield of 3.4%. If you owned $1,000 worth of CTRA stock, you would have received $29.11 in the past 12 months.
Coterra Energy dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Coterra Energy dividend yield and history here.
Get analysis from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members 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 stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open button and eToro will place the order.
If you require more assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in CTRA
Now that you own some CTRA stock, you'll want to keep up with your new company.
Start a watchlist to track the latest developments regarding your CTRA stock.
CTRA Feed
How to Buy Stock in Coterra Energy
To reiterate, here are the 6 steps to buy stock in Coterra Energy:
- 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 need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your investment in Coterra Energy, create a watchlist today.
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