Cheniere Energy, Inc. (NYSE:LNG – Free Report) – US Capital Advisors cut their Q4 2024 earnings per share estimates for Cheniere Energy in a research note issued to investors on Monday, February 3rd. US Capital Advisors analyst J. Carreker now anticipates that the energy company will post earnings per share of $2.05 for the quarter, down from their prior forecast of $2.42. The consensus estimate for Cheniere Energy’s current full-year earnings is $12.67 per share. US Capital Advisors also issued estimates for Cheniere Energy’s Q1 2025 earnings at $2.76 EPS, Q2 2025 earnings at $2.38 EPS, Q3 2025 earnings at $2.53 EPS, Q4 2025 earnings at $3.64 EPS, FY2025 earnings at $11.29 EPS and FY2026 earnings at $12.76 EPS.
Several other analysts have also commented on the company. Barclays increased their price objective on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Morgan Stanley raised their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Wells Fargo & Company upped their price objective 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. Scotiabank lifted their target price on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, January 21st. Finally, UBS Group upped their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, Cheniere Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.25.
Cheniere Energy Trading Up 1.1 %
NYSE:LNG opened at $230.62 on Thursday. The stock has a market capitalization of $51.74 billion, a price-to-earnings ratio of 14.73 and a beta of 0.98. Cheniere Energy has a 52 week low of $152.31 and a 52 week high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The firm has a 50 day moving average of $223.51 and a 200 day moving average of $200.30.
Cheniere Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.87%. Cheniere Energy’s payout ratio is presently 12.77%.
Hedge Funds Weigh In On Cheniere Energy
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Plato Investment Management Ltd lifted its stake in shares of Cheniere Energy by 10,489.5% in the 4th quarter. Plato Investment Management Ltd now owns 2,012 shares of the energy company’s stock valued at $434,000 after purchasing an additional 1,993 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in Cheniere Energy in the fourth quarter valued at about $46,000. Jones Financial Companies Lllp boosted its stake in Cheniere Energy by 92.6% during the fourth quarter. Jones Financial Companies Lllp now owns 4,428 shares of the energy company’s stock worth $951,000 after buying an additional 2,129 shares during the period. SRS Capital Advisors Inc. increased its position in shares of Cheniere Energy by 209.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 876 shares of the energy company’s stock valued at $188,000 after acquiring an additional 593 shares during the last quarter. Finally, Bailard Inc. increased its position in shares of Cheniere Energy by 1.4% during the fourth quarter. Bailard Inc. now owns 6,663 shares of the energy company’s stock valued at $1,432,000 after acquiring an additional 90 shares during the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.
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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