Excelerate Energy (EE) Projected to Post Earnings on Wednesday

Excelerate Energy (NYSE:EE - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Wednesday, May 7th. Analysts expect Excelerate Energy to post earnings of $0.36 per share and revenue of $207.87 million for the quarter.

Excelerate Energy Stock Performance

NYSE:EE traded down $0.17 on Monday, hitting $25.56. The stock had a trading volume of 100,792 shares, compared to its average volume of 275,286. The business's 50-day simple moving average is $27.55 and its two-hundred day simple moving average is $28.57. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 25.82, a price-to-earnings-growth ratio of 5.82 and a beta of 1.39. The company has a quick ratio of 4.12, a current ratio of 4.12 and a debt-to-equity ratio of 0.34. Excelerate Energy has a 52-week low of $16.70 and a 52-week high of $32.99.

Excelerate Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 21st will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $0.24 annualized dividend and a yield of 0.94%. Excelerate Energy's payout ratio is 19.20%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Barclays boosted their target price on shares of Excelerate Energy from $31.00 to $32.00 and gave the company an "overweight" rating in a research note on Friday, February 28th. Wells Fargo & Company restated an "underweight" rating on shares of Excelerate Energy in a research note on Friday, March 28th. Morgan Stanley restated an "underweight" rating and set a $29.00 target price (up from $25.00) on shares of Excelerate Energy in a research report on Friday, January 31st. JPMorgan Chase & Co. reissued an "underweight" rating and set a $31.00 price target (up from $22.00) on shares of Excelerate Energy in a report on Tuesday, January 7th. Finally, Stephens reiterated an "overweight" rating and set a $36.00 target price on shares of Excelerate Energy in a research report on Monday, March 3rd. Three analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, Excelerate Energy currently has an average rating of "Hold" and a consensus price target of $31.17.

Excelerate Energy Company Profile

Excelerate Energy, Inc provides flexible liquefied natural gas (LNG) solutions worldwide. The company offers regasification services, including floating storage and regasification units (FSRUs), infrastructure development, and LNG and natural gas supply, procurement, and distribution services; LNG terminal services; and natural gas supply to-power projects.