Q4 EPS Estimates for Cheniere Energy Lifted by Analyst

Cheniere Energy, Inc. (NYSE:LNG) – Investment analysts at US Capital Advisors upped their Q4 2024 earnings per share estimates for Cheniere Energy in a research report issued on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now expects that the energy company will post earnings of $2.42 per share for the quarter, up from their previous estimate of $2.41. The consensus estimate for Cheniere Energy’s current full-year earnings is $11.26 per share.

A number of other brokerages have also weighed in on LNG. Bank of America initiated coverage on Cheniere Energy in a research report on Thursday, October 17th. They set a “buy” rating and a $215.00 price objective on the stock. TD Cowen upped their price objective on Cheniere Energy from $202.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday. UBS Group lifted their target price on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Royal Bank of Canada upped 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. Finally, Barclays lifted their price target on shares of Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $212.89.

Cheniere Energy Stock Down 0.1 %

Shares of NYSE:LNG opened at $221.77 on Wednesday. Cheniere Energy has a 52-week low of $152.31 and a 52-week high of $225.44. The company has a market capitalization of $49.76 billion, a PE ratio of 14.16 and a beta of 0.94. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The company has a fifty day moving average of $194.29 and a 200-day moving average of $180.07.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $2.06. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The business had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $3.76 billion. During the same period in the prior year, the company earned $2.37 EPS. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year.

Institutional Trading of Cheniere Energy

A number of institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new stake in Cheniere Energy in the first quarter worth approximately $34,000. Lazard Asset Management LLC boosted its stake in Cheniere Energy by 20.8% during the first quarter. Lazard Asset Management LLC now owns 4,795 shares of the energy company’s stock worth $772,000 after acquiring an additional 827 shares in the last quarter. Silvercrest Asset Management Group LLC acquired a new stake in Cheniere Energy in the first quarter worth $818,000. Jacobs Levy Equity Management Inc. increased its stake in Cheniere Energy by 103.4% in the first quarter. Jacobs Levy Equity Management Inc. now owns 46,060 shares of the energy company’s stock valued at $7,429,000 after purchasing an additional 23,414 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Cheniere Energy in the first quarter valued at $304,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were issued a $0.50 dividend. The ex-dividend date was Friday, November 8th. This represents a $2.00 annualized dividend and a yield of 0.90%. Cheniere Energy’s payout ratio is 12.77%.

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.