Northland Capmk Has Positive Forecast for EE Q1 Earnings

Excelerate Energy, Inc. (NYSE:EE - Free Report) - Analysts at Northland Capmk lifted their Q1 2025 earnings per share estimates for Excelerate Energy in a research note issued on Monday, April 21st. Northland Capmk analyst B. Brooks now expects that the company will post earnings per share of $0.37 for the quarter, up from their prior estimate of $0.36. The consensus estimate for Excelerate Energy's current full-year earnings is $1.16 per share.

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

Excelerate Energy Stock Up 0.1 %

Shares of EE stock traded up $0.02 on Wednesday, hitting $26.55. The company's stock had a trading volume of 57,707 shares, compared to its average volume of 270,825. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.12 and a quick ratio of 4.12. The stock has a market capitalization of $2.81 billion, a price-to-earnings ratio of 26.74, a P/E/G ratio of 5.82 and a beta of 1.37. Excelerate Energy has a fifty-two week low of $16.70 and a fifty-two week high of $32.99. The firm's fifty day moving average price is $27.81 and its 200-day moving average price is $28.48.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EE. TimesSquare Capital Management LLC bought a new stake in shares of Excelerate Energy in the fourth quarter valued at about $13,854,000. Wellington Management Group LLP acquired a new position in Excelerate Energy in the 4th quarter valued at approximately $5,921,000. Raymond James Financial Inc. bought a new stake in shares of Excelerate Energy in the 4th quarter worth approximately $5,510,000. Jacobs Levy Equity Management Inc. grew its holdings in shares of Excelerate Energy by 94.3% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 350,128 shares of the company's stock worth $10,591,000 after purchasing an additional 169,924 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new stake in shares of Excelerate Energy during the fourth quarter valued at approximately $2,872,000. Institutional investors own 21.79% of the company's stock.

Excelerate Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 12th 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, March 12th. Excelerate Energy's dividend payout ratio (DPR) is presently 19.20%.

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.