Cheniere Energy (LNG) Expected to Announce Earnings on Thursday

Cheniere Energy (NYSE:LNG) is expected to post its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect Cheniere Energy to post earnings of $2.74 per share and revenue of $4.44 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Cheniere Energy Stock Performance

NYSE LNG opened at $209.11 on Thursday. Cheniere Energy has a 1-year low of $152.31 and a 1-year high of $257.65. The company has a market capitalization of $46.92 billion, a P/E ratio of 13.35 and a beta of 0.98. The business has a 50 day moving average price of $223.37 and a 200 day moving average price of $201.85. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Friday, February 7th. Cheniere Energy’s payout ratio is currently 12.77%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on LNG. Scotiabank upped their target price on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. UBS Group upped their price objective on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Royal Bank of Canada lifted their price objective on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Wells Fargo & Company upped their target price on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Finally, Barclays raised their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Cheniere Energy currently has an average rating of “Moderate Buy” and an average target price of $234.25.

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.