FY2025 EPS Forecast for Excelerate Energy Reduced by Analyst

Excelerate Energy, Inc. (NYSE:EE - Free Report) - Capital One Financial cut their FY2025 earnings estimates for Excelerate Energy in a research report issued on Thursday, July 17th. Capital One Financial analyst W. Suki now anticipates that the company will post earnings of $1.33 per share for the year, down from their previous forecast of $1.35. The consensus estimate for Excelerate Energy's current full-year earnings is $1.16 per share.

Excelerate Energy (NYSE:EE - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.10. Excelerate Energy had a net margin of 3.93% and a return on equity of 2.20%. The company had revenue of $315.09 million during the quarter, compared to the consensus estimate of $207.87 million. The business's revenue for the quarter was up 14.8% compared to the same quarter last year.

EE has been the topic of several other reports. Wall Street Zen downgraded Excelerate Energy from a "buy" rating to a "hold" rating in a report on Friday. Wells Fargo & Company restated an "underweight" rating on shares of Excelerate Energy in a research note on Friday, March 28th. Finally, Jefferies Financial Group started coverage on shares of Excelerate Energy in a report on Thursday, June 5th. They issued a "buy" rating and a $39.00 price target on the stock. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $32.29.

Excelerate Energy Price Performance

EE opened at $26.66 on Monday. Excelerate Energy has a twelve month low of $17.54 and a twelve month high of $32.99. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 18.14, a PEG ratio of 0.93 and a beta of 1.40. The company has a current ratio of 3.34, a quick ratio of 3.34 and a debt-to-equity ratio of 0.31. The company has a fifty day simple moving average of $29.02 and a 200 day simple moving average of $28.77.

Institutional Investors Weigh In On Excelerate Energy

Institutional investors have recently modified their holdings of the business. Summit Investment Advisors Inc. boosted its stake in Excelerate Energy by 28.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,791 shares of the company's stock valued at $54,000 after acquiring an additional 400 shares during the period. Rhumbline Advisers raised its position in shares of Excelerate Energy by 1.5% during the 1st quarter. Rhumbline Advisers now owns 31,903 shares of the company's stock worth $915,000 after purchasing an additional 471 shares during the period. Sterling Capital Management LLC lifted its holdings in shares of Excelerate Energy by 3.0% in the 4th quarter. Sterling Capital Management LLC now owns 17,119 shares of the company's stock worth $518,000 after purchasing an additional 494 shares during the last quarter. Quarry LP boosted its position in Excelerate Energy by 89.6% during the 1st quarter. Quarry LP now owns 1,997 shares of the company's stock valued at $57,000 after purchasing an additional 944 shares during the period. Finally, Jaffetilchin Investment Partners LLC grew its stake in Excelerate Energy by 14.2% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 8,113 shares of the company's stock worth $245,000 after buying an additional 1,007 shares during the last quarter. Institutional investors own 21.79% of the company's stock.

Excelerate Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 21st were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend was Wednesday, May 21st. Excelerate Energy's dividend payout ratio is presently 16.33%.

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.

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