Cheniere Energy (LNG) Projected to Post Quarterly Earnings on Thursday

Cheniere Energy (NYSE:LNG) is expected to release its earnings data 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. Parties that are interested in participating in the company’s conference call can do so using this link.

Cheniere Energy Price Performance

Shares of LNG stock opened at $213.37 on Tuesday. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy has a 52-week low of $152.31 and a 52-week high of $257.65. The stock has a market cap of $47.87 billion, a PE ratio of 13.62 and a beta of 0.98. The firm’s 50 day moving average price is $222.58 and its two-hundred day moving average price is $202.48.

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid 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 0.94%. Cheniere Energy’s payout ratio is 12.77%.

Wall Street Analysts Forecast Growth

LNG has been the topic of several analyst reports. Barclays boosted their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. The Goldman Sachs Group raised their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Stifel Nicolaus upped their price objective on Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Morgan Stanley raised their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Finally, Scotiabank increased their price target on shares of Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $234.25.

About Cheniere Energy

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.