CQP FY2024 EPS Estimate Decreased by US Capital Advisors

Cheniere Energy Partners (NYSE:CQP) – US Capital Advisors lowered their FY2024 EPS estimates for Cheniere Energy Partners in a research report issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now anticipates that the company will earn $4.20 per share for the year, down from their previous forecast of $4.31. The consensus estimate for Cheniere Energy Partners’ current full-year earnings is $4.32 per share. US Capital Advisors also issued estimates for Cheniere Energy Partners’ Q1 2025 earnings at $1.03 EPS, Q2 2025 earnings at $0.93 EPS, Q3 2025 earnings at $0.95 EPS, Q4 2025 earnings at $1.07 EPS, FY2025 earnings at $3.98 EPS and FY2026 earnings at $4.04 EPS.

Other research analysts also recently issued reports about the company. Barclays upped their target price on Cheniere Energy Partners from $46.00 to $54.00 and gave the stock an “underweight” rating in a research note on Thursday, January 16th. Bank of America started coverage on Cheniere Energy Partners in a research note on Thursday, October 17th. They issued an “underperform” rating and a $46.00 target price for the company. Finally, Wells Fargo & Company raised their target price on Cheniere Energy Partners from $49.00 to $55.00 and gave the company an “underweight” rating in a report on Wednesday, December 18th.

Cheniere Energy Partners Trading Up 0.7 %

Shares of NYSE CQP opened at $64.70 on Thursday. Cheniere Energy Partners has a 52 week low of $45.51 and a 52 week high of $66.47. The firm has a 50 day moving average price of $57.77. The stock has a market capitalization of $31.32 billion, a price-to-earnings ratio of 13.97 and a beta of 0.76.

Cheniere Energy Partners Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 10th will be issued a dividend of $0.775 per share. This represents a $3.10 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date is Monday, February 10th. This is a positive change from Cheniere Energy Partners’s previous quarterly dividend of $0.04. Cheniere Energy Partners’s dividend payout ratio is currently 66.95%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Sigma Planning Corp grew its holdings in Cheniere Energy Partners by 4.9% in the fourth quarter. Sigma Planning Corp now owns 5,161 shares of the company’s stock valued at $274,000 after purchasing an additional 243 shares during the last quarter. Powell Investment Advisors LLC grew its stake in shares of Cheniere Energy Partners by 1.6% in the fourth quarter. Powell Investment Advisors LLC now owns 16,820 shares of the company’s stock valued at $893,000 after buying an additional 258 shares in the last quarter. Valley National Advisers Inc. grew its stake in shares of Cheniere Energy Partners by 30.1% in the fourth quarter. Valley National Advisers Inc. now owns 1,341 shares of the company’s stock valued at $71,000 after buying an additional 310 shares in the last quarter. Montchanin Asset Management LLC grew its stake in shares of Cheniere Energy Partners by 2.6% in the third quarter. Montchanin Asset Management LLC now owns 19,515 shares of the company’s stock valued at $951,000 after buying an additional 500 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in Cheniere Energy Partners by 53.7% during the 4th quarter. IFP Advisors Inc now owns 1,825 shares of the company’s stock valued at $97,000 after purchasing an additional 638 shares in the last quarter. Institutional investors and hedge funds own 46.55% of the company’s stock.

Cheniere Energy Partners Company Profile

Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana.