New Fortress Energy/NFE

$24.20

-3.04%
-
1D1W1MYTD1YMAX

About New Fortress Energy

New Fortress Energy Inc. is an energy infrastructure company, which is engaged in providing energy and development services. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to rapidly deliver energy solutions to global markets. The Company operates through two segments: Ships, and Terminals and Infrastructure. Its Ships segment includes all vessels, which are leased to customers under long-term or spot arrangements. Ships segment includes Floating Storage and Regasification Units (FSRUs), Floating Storage Units (FSUs) and LNG carriers (LNGCs). The Terminals and Infrastructure segment includes the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities and conversion or development of natural gas-fired power generation. This segment includes all terminal operations in Jamaica, Puerto Rico, Mexico and Brazil.

Ticker

NFE

Sector

Utilities

Trading on

NASDAQ

Industry

Natural Gas Utilities

CEO

Wesley Edens

Employees

677

Headquarters

New york, United States

NFE Metrics

BasicAdvanced
$5.1B
Market cap
11.36
P/E ratio
$2.20
EPS
1.48
Beta
$0.40
Dividend rate
1.6%
Dividend yield
$5.1B
1.47747
$40.04
$24.79
1.7M
$0.40
0.663
0.544
381.356
398.143
21.66%
3.31%
4.75%
30.41%
5.72%
11.361
2.028
3.062
6.568
1.6%
1.6%
3.37%
332.22%
74.82%

What the Analysts think about NFE

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 9 analysts.
59.79% upside
High $50.00
Low $27.00
$24.20
Current price
$38.67
Average price target

NFE Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
7.82% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$690M
-8.97%
Net income
$54M
-75.14%
Profit margin
7.82%
-72.7%

NFE Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 1.94%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.58
$0.30
$1.06
$0.67
-
Expected
$0.48
$0.24
$0.78
$0.66
$0.38
Surprise
19.64%
23.33%
36.51%
1.94%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for New Fortress Energy stock?

New Fortress Energy (NFE) has a market cap of $5.1B as of May 30, 2024.

What is the P/E ratio for New Fortress Energy stock?

The price to earnings (P/E) ratio for New Fortress Energy (NFE) stock is 11.36 as of May 30, 2024.

Does New Fortress Energy stock pay dividends?

Yes, the New Fortress Energy (NFE) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $0.4 and the yield is 1.6%. New Fortress Energy has a payout ratio of 21.66% on a trailing twelve-month basis.

When is the next New Fortress Energy dividend payment date?

The next New Fortress Energy (NFE) dividend payment is scheduled for June 27, 2024.

What is the beta indicator for New Fortress Energy?

New Fortress Energy (NFE) has a beta rating of 1.48. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the New Fortress Energy stock price target?

The target price for New Fortress Energy (NFE) stock is $38.67, which is 59.79% above the current price of $24.2. This is an average based on projections from 9 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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