Excelerate Energy, Inc. (NYSE:EE) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Consensus "Moderate Buy": Twelve analysts rate Excelerate Energy as a consensus "Moderate Buy" (1 sell, 5 hold, 4 buy, 2 strong buy) with an average 12‑month target of $39, and recent target moves range from $40 (Jefferies) to $50 (Northland) while some firms issued downgrades.
• Mixed quarterly results: the company reported $0.29 EPS (missed by $0.01) and revenue of $317.6 million (beat estimates), with revenue up 15.6% year‑over‑year.
• Insider and shareholder actions: insider Oliver Simpson sold 6,000 shares at $34.15 (a 10.4% reduction in his position), and the company declared a $0.08 quarterly dividend ($0.32 annual, ~0.9% yield) payable June 4 with an ex‑dividend date of May 20.

Excelerate Energy, Inc. (NYSE:EE - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twelve analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $39.00.

A number of research analysts have recently issued reports on the stock. Jefferies Financial Group lifted their target price on shares of Excelerate Energy from $37.00 to $40.00 and gave the company a "buy" rating in a research note on Tuesday, January 20th. Northland Securities set a $50.00 target price on shares of Excelerate Energy in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $44.00 target price on shares of Excelerate Energy in a research note on Friday, February 6th. Wall Street Zen cut shares of Excelerate Energy from a "hold" rating to a "sell" rating in a research note on Saturday, April 4th. Finally, Dnb Carnegie cut shares of Excelerate Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 19th.

Insider Activity

In related news, insider Oliver Simpson sold 6,000 shares of the business's stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $34.15, for a total value of $204,900.00. Following the completion of the transaction, the insider owned 51,719 shares in the company, valued at $1,766,203.85. The trade was a 10.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.83% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Arax Advisory Partners raised its position in Excelerate Energy by 791.9% in the 4th quarter. Arax Advisory Partners now owns 883 shares of the company's stock worth $25,000 after purchasing an additional 784 shares during the last quarter. Global Retirement Partners LLC bought a new position in Excelerate Energy in the 4th quarter worth approximately $33,000. State of Alaska Department of Revenue bought a new position in Excelerate Energy in the 3rd quarter worth approximately $30,000. Essex Investment Management Co. LLC bought a new position in Excelerate Energy in the 4th quarter worth approximately $41,000. Finally, Aster Capital Management DIFC Ltd bought a new position in Excelerate Energy in the 3rd quarter worth approximately $38,000. Institutional investors own 21.79% of the company's stock.

Excelerate Energy Stock Up 0.1%

NYSE EE opened at $34.52 on Tuesday. The company has a current ratio of 2.43, a quick ratio of 2.43 and a debt-to-equity ratio of 0.54. The stock's 50 day moving average is $35.36 and its two-hundred day moving average is $32.09. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 26.15, a PEG ratio of 1.15 and a beta of 1.32. Excelerate Energy has a 1-year low of $21.28 and a 1-year high of $43.17.

Excelerate Energy (NYSE:EE - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by ($0.01). Excelerate Energy had a net margin of 3.19% and a return on equity of 4.12%. The firm had revenue of $317.57 million during the quarter, compared to the consensus estimate of $293.49 million. During the same quarter last year, the firm posted $0.40 EPS. The business's revenue was up 15.6% on a year-over-year basis. Equities analysts forecast that Excelerate Energy will post 1.66 earnings per share for the current fiscal year.

Excelerate Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Wednesday, May 20th will be paid a $0.08 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.9%. Excelerate Energy's payout ratio is 24.24%.

Excelerate Energy Company Profile

Excelerate Energy NYSE: EE is a Houston‐based energy infrastructure company specializing in liquefied natural gas (LNG) solutions. The company develops, owns and operates floating regasification units (FSRUs) that convert shipped LNG into natural gas for delivery into existing pipeline networks. Excelerate Energy's integrated platform also includes specialized LNG carriers, proprietary regasification technology and on‐shore support facilities, enabling rapid deployment of import terminals without extensive capital construction.

Founded in the early 2000s, Excelerate Energy pioneered the first FSRU in 2007, demonstrating the flexibility and cost advantages of floating LNG import infrastructure.

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