FY2025 EPS Estimates for CQP Lowered by US Capital Advisors

Cheniere Energy Partners (NYSE:CQP - Free Report) - Equities research analysts at US Capital Advisors cut their FY2025 earnings estimates for shares of Cheniere Energy Partners in a research report issued to clients and investors on Monday, April 28th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $3.82 for the year, down from their prior forecast of $3.84. The consensus estimate for Cheniere Energy Partners' current full-year earnings is $4.14 per share.

Cheniere Energy Partners (NYSE:CQP - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.02). The company had revenue of $2.46 billion for the quarter, compared to analysts' expectations of $2.37 billion. Cheniere Energy Partners had a net margin of 28.84% and a negative return on equity of 325.95%.

Several other equities analysts have also recently weighed in on the company. Bank of America raised their price target on Cheniere Energy Partners from $49.00 to $50.00 and gave the company an "underperform" rating in a report on Tuesday, April 29th. JPMorgan Chase & Co. boosted their price target on shares of Cheniere Energy Partners from $56.00 to $58.00 and gave the stock an "underweight" rating in a research report on Monday, April 28th. Stifel Nicolaus lowered shares of Cheniere Energy Partners from a "hold" rating to a "sell" rating and increased their price objective for the company from $50.00 to $51.00 in a research report on Friday, February 21st. Finally, Barclays boosted their target price on shares of Cheniere Energy Partners from $46.00 to $54.00 and gave the stock an "underweight" rating in a report on Thursday, January 16th. Five research analysts have rated the stock with a sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average target price of $53.60.

Cheniere Energy Partners Price Performance

Shares of Cheniere Energy Partners stock traded up $1.87 during trading on Tuesday, reaching $60.40. 81,161 shares of the stock traded hands, compared to its average volume of 165,595. The company has a market capitalization of $29.24 billion, a price-to-earnings ratio of 14.18 and a beta of 0.45. Cheniere Energy Partners has a 52-week low of $46.71 and a 52-week high of $68.42. The business has a fifty day simple moving average of $61.78 and a two-hundred day simple moving average of $58.19.

Hedge Funds Weigh In On Cheniere Energy Partners

A number of large investors have recently made changes to their positions in the company. Alps Advisors Inc. lifted its stake in Cheniere Energy Partners by 16.6% in the first quarter. Alps Advisors Inc. now owns 9,019,585 shares of the company's stock worth $595,653,000 after purchasing an additional 1,283,564 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Cheniere Energy Partners by 5.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,377,887 shares of the company's stock valued at $126,313,000 after acquiring an additional 122,956 shares during the period. JPMorgan Chase & Co. grew its position in Cheniere Energy Partners by 21.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 764,858 shares of the company's stock valued at $37,264,000 after acquiring an additional 137,477 shares during the last quarter. Invesco Ltd. increased its stake in Cheniere Energy Partners by 1.7% in the fourth quarter. Invesco Ltd. now owns 269,671 shares of the company's stock worth $14,325,000 after purchasing an additional 4,383 shares during the period. Finally, McGowan Group Asset Management Inc. lifted its position in shares of Cheniere Energy Partners by 0.3% during the fourth quarter. McGowan Group Asset Management Inc. now owns 239,305 shares of the company's stock worth $12,712,000 after purchasing an additional 735 shares during the last quarter. 46.55% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Partners Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Friday, May 9th will be paid a $0.82 dividend. The ex-dividend date is Friday, May 9th. This represents a $3.28 annualized dividend and a dividend yield of 5.43%. This is an increase from Cheniere Energy Partners's previous quarterly dividend of $0.78. Cheniere Energy Partners's dividend payout ratio is currently 72.77%.

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.