NASDAQ:NFE New Fortress Energy (NFE) Stock Price, News & Analysis → Obama’s Forever Term [exposed] (From Porter & Company) (Ad) Free NFE Stock Alerts $26.55 -2.31 (-8.00%) (As of 05/15/2024 ET) Add Compare Share Share Today's Range$26.53▼$29.0550-Day Range$25.82▼$33.6252-Week Range$25.06▼$40.04Volume3.43 million shsAverage Volume1.40 million shsMarket Capitalization$5.44 billionP/E Ratio12.07Dividend Yield1.51%Price Target$38.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get New Fortress Energy alerts: Email Address New Fortress Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside43.1% Upside$38.00 Price TargetShort InterestBearish13.05% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 17 Articles This WeekInsider TradingN/AProj. Earnings Growth51.48%From $2.37 to $3.59 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.05 out of 5 starsOils/Energy Sector60th out of 243 stocksNatural Gas Distribution Industry2nd out of 12 stocks 3.2 Analyst's Opinion Consensus RatingNew Fortress Energy has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageNew Fortress Energy has only been the subject of 3 research reports in the past 90 days.Read more about New Fortress Energy's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted13.05% of the float of New Fortress Energy has been sold short.Short Interest Ratio / Days to CoverNew Fortress Energy has a short interest ratio ("days to cover") of 9.4.Change versus previous monthShort interest in New Fortress Energy has recently increased by 3.38%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldNew Fortress Energy pays a meaningful dividend of 1.49%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNew Fortress Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of New Fortress Energy is 18.18%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, New Fortress Energy will have a dividend payout ratio of 11.14% next year. This indicates that New Fortress Energy will be able to sustain or increase its dividend.Read more about New Fortress Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NFE. Previous Next 3.1 News and Social Media Coverage News SentimentNew Fortress Energy has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 17 news articles for New Fortress Energy this week, compared to 4 articles on an average week.Search Interest47 people have searched for NFE on MarketBeat in the last 30 days. This is an increase of 104% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added New Fortress Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Fortress Energy insiders have not sold or bought any company stock.Percentage Held by Insiders37.10% of the stock of New Fortress Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.61% of the stock of New Fortress Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about New Fortress Energy's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for New Fortress Energy are expected to grow by 51.48% in the coming year, from $2.37 to $3.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Fortress Energy is 12.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.53.Price to Earnings Ratio vs. SectorThe P/E ratio of New Fortress Energy is 12.07, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.27.Price to Book Value per Share RatioNew Fortress Energy has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about New Fortress Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Manward PressAmazon's betting big on this unknown AI companyAmazon's Betting Big on This Unknown AI Company Amazon has just made a stunning $144 million investment in one small AI company.Discover why this company About New Fortress Energy Stock (NASDAQ:NFE)New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.Read More NFE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NFE Stock News HeadlinesMay 15 at 4:12 PM | msn.comCEPU and NFE are among utility moversMay 15 at 3:22 PM | investorplace.comMay's Markdowns: 7 Bargain Stocks the Street OverlookedMay 13 at 4:44 AM | americanbankingnews.comNew Fortress Energy (NASDAQ:NFE) Price Target Cut to $43.00May 9, 2024 | finance.yahoo.comNew Fortress Energy First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 9, 2024 | finance.yahoo.comNew Fortress Energy Inc (NFE) (Q1 2024) Earnings Call Transcript Highlights: Strategic ...May 9, 2024 | americanbankingnews.comNew Fortress Energy Inc. (NASDAQ:NFE) Receives Consensus Rating of "Hold" from BrokeragesMay 8, 2024 | finance.yahoo.comUPDATE 1-New Fortress delays start of Mexico's first LNG plant to MayMay 8, 2024 | investorplace.comNFE Stock Earnings: New Fortress Energy Misses EPS, Misses Revenue for Q1 2024May 8, 2024 | markets.businessinsider.comNew Fortress Energy Inc Q1 Profit Drops, Inline With EstimatesMay 8, 2024 | finance.yahoo.comNew Fortress Energy Inc. (NFE) Q1 2024 Earnings: Aligns with EPS Projections, Surpasses Revenue ...May 8, 2024 | businesswire.comNew Fortress Energy Announces First Quarter 2024 ResultsMay 8, 2024 | americanbankingnews.comNew Fortress Energy (NASDAQ:NFE) PT Lowered to $27.00May 7, 2024 | 247wallst.comFor $10,000 in Passive Income, Invest $7,500 in These 12 Dividend StocksApril 24, 2024 | investorplace.comDirt-Cheap Delights: 3 Discounted Stocks That Could Triple by 2026April 24, 2024 | businesswire.comGolar LNG Partners LP Series A Preferred Cash DistributionApril 17, 2024 | businesswire.comNew Fortress Energy Signs EPC Contract and Begins Construction of 1.6 GW Power Plant to Serve 15-Year Agreement in BrazilApril 17, 2024 | investorplace.com3 Long-Term Stocks to Buy Now: Q2 EditionApril 16, 2024 | finance.yahoo.comCan New Fortress Energy Inc.'s (NASDAQ:NFE) ROE Continue To Surpass The Industry Average?April 15, 2024 | businesswire.comNew Fortress Energy Schedules First Quarter 2024 Earnings Release and Conference CallApril 4, 2024 | seekingalpha.comNew Fortress Energy's Recent Contracts Could Enhance The Stock PriceMarch 23, 2024 | nasdaq.comGuru Fundamental Report for NFEMarch 22, 2024 | businesswire.comNew Fortress Energy to Host Investor Call to Discuss its Transformative Transactions in Puerto Rico and BrazilMarch 22, 2024 | businesswire.comNew Fortress Energy to Host Investor Call to Discuss its Transformative Transactions in Puerto Rico and BrazilMarch 20, 2024 | finance.yahoo.comNew Fortress Energy Completes Previously Announced Acquisition and Transfer of 1.6 GW, 15-year Contracted Power Asset in BrazilMarch 19, 2024 | businesswire.comNew Fortress Energy Inc. Announces Early Results of its Cash Tender Offer for its 6.750% Senior Secured Notes due 2025See More Headlines Receive NFE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Fortress Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/27 Dividend3/14/2024Dividend Payable3/27/2024Last Earnings5/08/2024Today5/15/2024Ex-Dividend for 6/27 Dividend6/14/2024Dividend Payable6/27/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Natural gas distribution Sub-IndustryN/A Current SymbolNASDAQ:NFE CUSIPN/A CIK1749723 Webwww.newfortressenergy.com Phone(516) 268-7400FaxN/AEmployees677Year FoundedN/APrice Target and Rating Average Stock Price Target$38.00 High Stock Price Target$45.00 Low Stock Price Target$27.00 Potential Upside/Downside+40.8%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.20 Trailing P/E Ratio12.26 Forward P/E Ratio11.38 P/E GrowthN/ANet Income$547.88 million Net Margins17.90% Pretax Margin22.27% Return on Equity31.34% Return on Assets5.21% Debt Debt-to-Equity Ratio3.74 Current Ratio0.66 Quick Ratio0.54 Sales & Book Value Annual Sales$2.52 billion Price / Sales2.19 Cash Flow$3.70 per share Price / Cash Flow7.30 Book Value$8.78 per share Price / Book3.07Miscellaneous Outstanding Shares205,034,000Free Float128,966,000Market Cap$5.53 billion OptionableOptionable Beta1.55 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Wesley Robert Edens (Age 62)Founder, Chairman & CEO Mr. Christopher S. Guinta (Age 41)Chief Financial Officer Comp: $2MMs. Yunyoung Shin (Age 46)Chief Accounting Officer Comp: $1.05MMr. Brett MagillHead of Investor Relations & MDJake SuskiManaging Director of Public AffairsMr. Brannen McElmurrayMD & Chief Development OfficerMr. Sam AbdallaHead of Distributed Generation Projects & VP of Project DevelopmentMr. Cameron D. MacDougall Esq. (Age 48)Secretary Mr. Joshua KaneVice President of Investor RelationsMr. Patrick Thomas HughesExecutive OfficerMore ExecutivesKey CompetitorsUltrapar ParticipaçõesNYSE:UGPNational Fuel GasNYSE:NFGSouth Jersey IndustriesNYSE:SJINew Jersey ResourcesNYSE:NJRONE GasNYSE:OGSView All CompetitorsInsiders & InstitutionsPrice T Rowe Associates Inc. MDBought 2,039 shares on 5/15/2024Ownership: 0.016%Public Employees Retirement System of OhioSold 2,337 shares on 5/15/2024Ownership: 0.012%Gamco Investors INC. ET ALBought 13,993 shares on 5/15/2024Ownership: 0.012%Gabelli Funds LLCSold 2,500 shares on 5/15/2024Ownership: 0.011%PEAK6 Investments LLCSold 2,500 shares on 5/15/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions NFE Stock Analysis - Frequently Asked Questions Should I buy or sell New Fortress Energy stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Fortress Energy in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NFE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NFE, but not buy additional shares or sell existing shares. View NFE analyst ratings or view top-rated stocks. What is New Fortress Energy's stock price target for 2024? 7 brokerages have issued 12 month target prices for New Fortress Energy's shares. Their NFE share price targets range from $27.00 to $45.00. On average, they predict the company's stock price to reach $38.00 in the next year. This suggests a possible upside of 43.1% from the stock's current price. View analysts price targets for NFE or view top-rated stocks among Wall Street analysts. How have NFE shares performed in 2024? New Fortress Energy's stock was trading at $37.73 at the beginning of 2024. Since then, NFE stock has decreased by 29.6% and is now trading at $26.55. View the best growth stocks for 2024 here. When is New Fortress Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our NFE earnings forecast. How were New Fortress Energy's earnings last quarter? New Fortress Energy Inc. (NASDAQ:NFE) announced its quarterly earnings data on Wednesday, May, 8th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.07. The business earned $690.30 million during the quarter, compared to analyst estimates of $602.41 million. New Fortress Energy had a trailing twelve-month return on equity of 31.34% and a net margin of 17.90%. New Fortress Energy's quarterly revenue was up 19.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.90 EPS. How often does New Fortress Energy pay dividends? What is the dividend yield for New Fortress Energy? New Fortress Energy declared a quarterly dividend on Tuesday, May 7th. Shareholders of record on Saturday, June 15th will be given a dividend of $0.10 per share on Thursday, June 27th. This represents a $0.40 annualized dividend and a yield of 1.51%. The ex-dividend date is Friday, June 14th. Read our dividend analysis for NFE. Is New Fortress Energy a good dividend stock? New Fortress Energy (NASDAQ:NFE) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.49%. The dividend payout ratio is 18.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NFE will have a dividend payout ratio of 11.14% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NFE. What ETFs hold New Fortress Energy's stock? ETFs with the largest weight of New Fortress Energy (NASDAQ:NFE) stock in their portfolio include Roundhill Alerian LNG ETF (LNGG), Ecofin U.S. Renewables Infrastructure Trust (RNEW), Pacer American Energy Independence ETF (USAI), InfraCap Equity Income Fund ETF (ICAP), Goldman Sachs ETF Trust Goldman (GPOW), InfraCap MLP ETF (AMZA), KraneShares Global Carbon Transformation ETF (KGHG) and First Trust Energy AlphaDEX Fund (FXN). What is Wesley Edens' approval rating as New Fortress Energy's CEO? 2 employees have rated New Fortress Energy Chief Executive Officer Wesley Edens on Glassdoor.com. Wesley Edens has an approval rating of 100% among the company's employees. This puts Wesley Edens in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of New Fortress Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other New Fortress Energy investors own include Coty (COTY), Designer Brands (DBI), Energy Transfer (ET), Kohl's (KSS), Pfizer (PFE), AT&T (T), Tapestry (TPR), Tesla (TSLA), WW International (WW) and AbbVie (ABBV). When did New Fortress Energy IPO? New Fortress Energy (NFE) raised $300 million in an IPO on Thursday, January 31st 2019. The company issued 20,000,000 shares at $15.00 per share. Morgan Stanley, Barclays, Citigroup and Credit Suisse served as the underwriters for the IPO and Evercore ISI, Allen & Company, JMP Securities and Stifel were co-managers. Who are New Fortress Energy's major shareholders? New Fortress Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Capital World Investors (7.40%), William Blair Investment Management LLC (4.35%), Vanguard Group Inc. (4.13%), Kailix Advisors LLC (0.96%), M&G Plc (0.81%) and Huber Capital Management LLC (0.13%). Insiders that own company stock include Desmond Iain Catterall, Energy Transition Holdings Llc, John J Mack, Katherine Wanner, Nfe Smrs Holdings Llc, Robert A Katz and Timothy W Jay. View institutional ownership trends. How do I buy shares of New Fortress Energy? Shares of NFE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:NFE) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersAmazon's betting big on this unknown AI companyManward PressWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks NewsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingShocking $16T Elon Musk Crypto LeakCrypto 101 MediaDems have chosen Biden replacement?Paradigm PressGold Set to EXPLODE!Gold Safe ExchangeThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss Ratings"The Biggest Drug Ever" Is ComingBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Fortress Energy Inc. 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