Analysts Set Cabot Oil & Gas Corporation (COG) Price Target at $29.44

Seven analysts have made estimates for Cabot Oil & Gas Corporation's earnings, with estimates ranging from $442.50 million to $509.97 million. (NASDAQ:BLKB) stake by 19,277 shares and now owns 2.24 million shares. The firm is expected to report its next quarterly earnings report on Friday, October 27th.

Cabot Oil & Gas Corporation (NYSE:COG) has been assigned a consensus rating of "Buy" from the twenty-five research firms that are now covering the firm, reports. As stated above, it has an EPS growth projection for the next five years of 37.90%.

Currently Cabot Oil & Gas Corporation, has an EPS of -0.32, which has grown by -231.70% this year. Drexel Hamilton maintained Cabot Oil & Gas Corporation (NYSE:COG) rating on Monday, August 15. The oil and gas exploration company reported $0.07 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by ($0.01). Cabot Oil & Gas Corporation had a positive return on equity of 6.63% and a negative net margin of 8.80%. The firm had revenue of $385.40 million for the quarter, compared to analyst estimates of $400.85 million. During the same period past year, the business posted ($0.04) EPS. Sales growth quarter over quarter is 24.20%, with EPS growth quarter over quarter coming to a value of 271.50%.

A number of equities research analysts recently weighed in on the company. Piper Jaffray Companies cut their price objective on Cabot Oil & Gas Corporation from $32.00 to $31.00 and set an "overweight" rating on the stock in a research note on Monday, September 18th.

Cabot Oil & Gas Corporation has a consensus outperform rating from 30 Wall Street analysts, and the number of shares now sold short amount to at least 3.56% of shares outstanding. The institutional investor owned 160,364 shares of the oil and gas exploration company's stock after selling 7,500 shares during the period. Canada Pension Plan Investment Board holds 0.03% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 522,698 shares.

Stephens Investment Management Group Llc increased Cabot Oil & Gas Corp (COG) stake by 341.71% reported in 2017Q2 SEC filing., inc. has 19 buy ratings, 3 holds and 1 sells even after the stock tumbled -1.15% from its high of $103.92 to a $73.75 billion market value through last close. The company now has an average rating of "Buy" and a consensus target price of $29.94.

NVIDIA Corporation (NASDAQ:NVDA) ended its day at $212.03 with the rising stream of 1.14% and its total traded volume was 10.66 million shares less than the average volume. Neuberger Berman Group LLC now owns 9,729,535 shares of the oil and gas exploration company's stock worth $251,022,000 after buying an additional 387,192 shares during the last quarter. The stock appeared $29.03 above its 52-week highs and is up 0.51% for the last five trades. The company has a 50-day moving average of $26.11 and a 200-day moving average of $24.71. The company's market cap is $12.58 billion.

The company also recently declared a quarterly dividend, which was paid on Friday, November 18th. It is down 7.13% since November 8, 2016 and is downtrending. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date of this dividend is Tuesday, November 7th. Cabot Oil & Gas Corporation's dividend payout ratio (DPR) is now -64.51%. Chevy Chase Trust Holding Incorporated has invested 0.05% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG). The stock was acquired at an average price of $27.47 per share, for a total transaction of $54,940.00. Following the transaction, the insider now owns 635,124 shares of the company's stock, valued at approximately $17,014,971.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

In related news, insider George Kevin Cunningham sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 13th. IFP Advisors Inc raised its position in shares of Cabot Oil & Gas Corporation by 11.1% in the second quarter. Moreover, Aqr Capital Management Ltd Limited Liability Company has 0% invested in Cloud Peak Energy Inc.

It has been a long while for Cabot Oil & Gas Corporation, since its IPO date on 2/8/1990. Point72 Asset Management L.P. now owns 70,100 shares of the oil and gas exploration company's stock worth $1,676,000 after purchasing an additional 49,100 shares in the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. raised its position in shares of Cabot Oil & Gas Corporation by 83.8% in the first quarter. Victory Capital Management Inc. now owns 8,880 shares of the oil and gas exploration company's stock worth $229,000 after buying an additional 2,945 shares during the last quarter. Westwood Holdings Group Inc. bought a new stake in Cabot Oil & Gas Corporation during the 2nd quarter valued at approximately $100,000. Institutional investors and hedge funds own 92.29% of the company's stock.

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Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties.

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