Share on StockTwits

Cimarex Energy (NYSE:XEC) declared a quarterly dividend on Wednesday, February 26th, Analyst Ratings reports. Shareholders of record on Monday, May 5th will be given a dividend of 0.16 per share on Monday, June 2nd. This represents a $0.64 dividend on an annualized basis and a yield of 0.57%.

Several analysts have recently commented on the stock. Analysts at Howard Weil upgraded shares of Cimarex Energy from a “sector perform” rating to an “outperform” rating in a research note on Friday, February 21st. They now have a $136.00 price target on the stock, up previously from $111.00. On the ratings front, analysts at Stifel Nicolaus raised their price target on shares of Cimarex Energy from $120.00 to $125.00 in a research note on Thursday, February 20th. They now have a “buy” rating on the stock. Finally, analysts at KLR Group raised their price target on shares of Cimarex Energy from $6.00 to $123.00 in a research note on Thursday, February 20th. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $115.53.

Cimarex Energy (NYSE:XEC) opened at 112.55 on Wednesday. Cimarex Energy has a 52 week low of $62.98 and a 52 week high of $117.11. The stock’s 50-day moving average is $102.9 and its 200-day moving average is $97.90. The company has a market cap of $9.809 billion and a P/E ratio of 17.63.

Cimarex Energy (NYSE:XEC) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by $0.06. The company had revenue of $516.60 million for the quarter, compared to the consensus estimate of $526.41 million. Analysts expect that Cimarex Energy will post $6.35 EPS for the current fiscal year.

In other Cimarex Energy news, Director Jerry Box unloaded 5,000 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $115.51, for a total value of $577,550.00. Following the sale, the director now directly owns 12,488 shares of the company’s stock, valued at approximately $1,442,489. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Cimarex Energy Co is an oil and gas exploration and production company. Its operations are focused in two main areas: the Mid-Continent region and the Permian Basin.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.