Cheniere Energy, Inc. (NYSE:LNG – Free Report) – Investment analysts at US Capital Advisors upped their FY2025 earnings estimates for Cheniere Energy in a research report issued to clients and investors on Monday, October 28th. US Capital Advisors analyst J. Carreker now forecasts that the energy company will earn $11.27 per share for the year, up from their previous forecast of $10.33. The consensus estimate for Cheniere Energy’s current full-year earnings is $9.76 per share.
Several other analysts also recently issued reports on the stock. Stifel Nicolaus reduced their price target on shares of Cheniere Energy from $208.00 to $204.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Barclays raised their price objective on shares of Cheniere Energy from $199.00 to $202.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Bank of America began coverage on shares of Cheniere Energy in a research report on Thursday, October 17th. They set a “buy” rating and a $215.00 target price for the company. Finally, Royal Bank of Canada raised their price target on shares of Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $200.00.
Cheniere Energy Trading Down 0.3 %
NYSE LNG opened at $181.92 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 1.02 and a debt-to-equity ratio of 2.63. Cheniere Energy has a 52 week low of $152.31 and a 52 week high of $193.16. The business has a 50 day moving average price of $183.03 and a 200-day moving average price of $172.87. The company has a market cap of $41.16 billion, a price-to-earnings ratio of 9.70 and a beta of 0.94.
Cheniere Energy (NYSE:LNG – Get Free Report) last issued its earnings results on Thursday, August 8th. The energy company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $2.04 billion. Cheniere Energy had a return on equity of 39.42% and a net margin of 27.05%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LNG. Massachusetts Financial Services Co. MA lifted its stake in Cheniere Energy by 1,490.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,957,451 shares of the energy company’s stock valued at $342,221,000 after purchasing an additional 1,834,347 shares during the last quarter. TD Asset Management Inc lifted its position in shares of Cheniere Energy by 231.8% during the 1st quarter. TD Asset Management Inc now owns 1,338,752 shares of the energy company’s stock valued at $215,914,000 after buying an additional 935,239 shares during the last quarter. Darlington Partners Capital Management LP lifted its position in shares of Cheniere Energy by 74.6% during the 2nd quarter. Darlington Partners Capital Management LP now owns 1,514,155 shares of the energy company’s stock valued at $264,720,000 after buying an additional 647,096 shares during the last quarter. Zimmer Partners LP grew its stake in shares of Cheniere Energy by 61.4% during the 1st quarter. Zimmer Partners LP now owns 1,222,723 shares of the energy company’s stock worth $197,201,000 after acquiring an additional 465,000 shares during the period. Finally, Jupiter Asset Management Ltd. purchased a new stake in Cheniere Energy in the 1st quarter worth about $70,682,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.
Cheniere Energy Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, November 8th. This represents a $2.00 dividend on an annualized basis and a yield of 1.10%. Cheniere Energy’s dividend payout ratio (DPR) is presently 10.66%.
Cheniere Energy Company Profile
Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.
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