EE FY2025 EPS Forecast Cut by Capital One Financial

Excelerate Energy, Inc. (NYSE:EE - Free Report) - Equities research analysts at Capital One Financial lowered their FY2025 EPS estimates for shares of Excelerate Energy in a report issued on Thursday, July 17th. Capital One Financial analyst W. Suki now expects that the company will post earnings per share of $1.33 for the year, down from their prior 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 released its earnings results on Wednesday, May 7th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.39 by $0.10. The firm had revenue of $315.09 million during the quarter, compared to analysts' expectations of $207.87 million. Excelerate Energy had a net margin of 3.93% and a return on equity of 2.20%. Excelerate Energy's revenue was up 14.8% compared to the same quarter last year.

Several other research firms have also issued reports on EE. Jefferies Financial Group began coverage on shares of Excelerate Energy in a research report on Thursday, June 5th. They issued a "buy" rating and a $39.00 price objective for the company. Wall Street Zen cut shares of Excelerate Energy from a "buy" rating to a "hold" rating in a research report on Friday, July 18th. Finally, Wells Fargo & Company reaffirmed an "underweight" rating on shares of Excelerate Energy in a research report on Friday, March 28th. 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, Excelerate Energy currently has a consensus rating of "Hold" and an average target price of $32.29.

Excelerate Energy Trading Up 0.3%

EE stock traded up $0.08 during midday trading on Monday, hitting $24.80. The stock had a trading volume of 380,610 shares, compared to its average volume of 486,523. The firm has a market cap of $2.83 billion, a PE ratio of 16.87, a price-to-earnings-growth ratio of 0.86 and a beta of 1.40. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.34 and a quick ratio of 3.34. Excelerate Energy has a 12-month low of $17.54 and a 12-month high of $32.99. The company's 50-day moving average price is $28.66 and its 200 day moving average price is $28.62.

Excelerate Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 21st were paid a $0.06 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $0.24 annualized dividend and a dividend yield of 0.97%. Excelerate Energy's payout ratio is currently 16.33%.

Hedge Funds Weigh In On Excelerate Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EE. Aquatic Capital Management LLC acquired a new position in Excelerate Energy in the fourth quarter worth approximately $33,000. New York State Teachers Retirement System boosted its stake in shares of Excelerate Energy by 1,467.0% during the 1st quarter. New York State Teachers Retirement System now owns 1,567 shares of the company's stock valued at $45,000 after buying an additional 1,467 shares during the period. Summit Investment Advisors Inc. boosted its stake in shares of Excelerate Energy by 28.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,791 shares of the company's stock valued at $54,000 after buying an additional 400 shares during the period. Quarry LP boosted its stake in shares of 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 buying an additional 944 shares during the period. Finally, 10Elms LLP acquired a new stake in shares of Excelerate Energy during the 4th quarter valued at $76,000. 21.79% of the stock is owned by institutional investors.

About Excelerate Energy

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.