What is Zacks Research's Estimate for CQP Q2 Earnings?

Key Points

• Zacks Research has revised its Q2 2026 earnings estimate for Cheniere Energy Partners from $1.00 to $0.98 per share.
• The company's earnings per share for the last quarter was $0.91, which was below analysts' expectations of $0.96, despite a revenue increase of 29.6% year-over-year.
• Cheniere Energy Partners has received a consensus rating of "Strong Sell" from analysts, with target prices ranging from $55 to $56.

Cheniere Energy Partners, L.P. (NYSE:CQP - Free Report) - Investment analysts at Zacks Research lowered their Q2 2026 earnings estimates for Cheniere Energy Partners in a research note issued on Tuesday, September 2nd. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.98 for the quarter, down from their prior estimate of $1.00. The consensus estimate for Cheniere Energy Partners' current full-year earnings is $4.14 per share. Zacks Research also issued estimates for Cheniere Energy Partners' Q1 2027 earnings at $1.07 EPS and Q2 2027 earnings at $0.98 EPS.

Cheniere Energy Partners (NYSE:CQP - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.91 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by ($0.05). Cheniere Energy Partners had a net margin of 24.62% and a negative return on equity of 503.86%. The company had revenue of $2.46 billion during the quarter, compared to analysts' expectations of $2.21 billion. The firm's revenue was up 29.6% compared to the same quarter last year.

CQP has been the topic of a number of other research reports. Barclays decreased their target price on shares of Cheniere Energy Partners from $56.00 to $55.00 and set an "underweight" rating on the stock in a research report on Thursday, August 14th. Bank of America raised their target price on shares of Cheniere Energy Partners from $50.00 to $53.00 and gave the company an "underperform" rating in a research note on Wednesday, June 25th. Finally, Wells Fargo & Company cut their target price on shares of Cheniere Energy Partners from $61.00 to $56.00 and set an "underweight" rating on the stock in a research note on Tuesday, August 12th. Five analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of "Strong Sell" and a consensus target price of $54.60.

Cheniere Energy Partners Price Performance

CQP stock opened at $53.67 on Thursday. Cheniere Energy Partners has a 12 month low of $47.50 and a 12 month high of $68.42. The company's 50 day simple moving average is $54.91 and its 200-day simple moving average is $58.42. The firm has a market capitalization of $25.98 billion, a PE ratio of 13.03 and a beta of 0.42.

Cheniere Energy Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Friday, August 8th were paid a dividend of $0.82 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $3.28 annualized dividend and a yield of 6.1%. Cheniere Energy Partners's payout ratio is 75.24%.

Institutional Investors Weigh In On Cheniere Energy Partners

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cerity Partners LLC boosted its holdings in shares of Cheniere Energy Partners by 10.6% in the 1st quarter. Cerity Partners LLC now owns 21,024 shares of the company's stock valued at $1,388,000 after buying an additional 2,016 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Cheniere Energy Partners by 1.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,249 shares of the company's stock valued at $1,073,000 after buying an additional 303 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Cheniere Energy Partners by 65.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 8,499 shares of the company's stock valued at $561,000 after buying an additional 3,364 shares during the period. Ameriprise Financial Inc. acquired a new position in shares of Cheniere Energy Partners in the 4th quarter valued at about $279,000. Finally, Alps Advisors Inc. boosted its holdings in shares of Cheniere Energy Partners by 16.6% in the 1st quarter. Alps Advisors Inc. now owns 9,019,585 shares of the company's stock valued at $595,653,000 after buying an additional 1,283,564 shares during the period. Institutional investors own 46.55% of the company's stock.

Cheniere Energy Partners Company Profile

Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana.

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