New Fortress Energy (NFE) Stock Price, News & Analysis

Company Overview

New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.

Key Stats

• Today's Range: $2.95 to $3.47
• 50-Day Range: $2.51 to $12.22
• 52-Week Range: $2.26 to $27.65
• Volume: 17.96 million shs
• Average Volume: 5.77 million shs
• Market Capitalization: $837.74 million
• P/E Ratio: 3.36
• Dividend Yield: 3.27%
• Price Target: $11.83
• Consensus Rating: Moderate Buy

New Fortress Energy Stock Analysis - MarketRank™

New Fortress Energy scored higher than 77% of companies evaluated by MarketBeat, and ranked 91st out of 261 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

New Fortress Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

New Fortress Energy has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -36.11%

Earnings Growth

Earnings for New Fortress Energy are expected to decrease by -36.11% in the coming year, from $0.36 to $0.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of New Fortress Energy is 3.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.11.

Price to Earnings Ratio vs. Sector

The P/E ratio of New Fortress Energy is 3.36, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 54.34.

Price to Book Value per Share Ratio

New Fortress Energy has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

28.59% of the float of New Fortress Energy has been sold short.

Short Interest Ratio / Days to Cover

New Fortress Energy has a short interest ratio ("days to cover") of 7.2.

Change versus previous month

Short interest in New Fortress Energy has recently increased by 5.49%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

New Fortress Energy is a leading dividend payer. It pays a dividend yield of 3.98%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

New Fortress Energy does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, New Fortress Energy will have a dividend payout ratio of 43.48% next year. This indicates that New Fortress Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

28.59% of the float of New Fortress Energy has been sold short.

Short Interest Ratio / Days to Cover

New Fortress Energy has a short interest ratio ("days to cover") of 7.2.

Change versus previous month

Short interest in New Fortress Energy has recently increased by 5.49%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.52

News Sentiment

New Fortress Energy has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 31 news articles for New Fortress Energy this week, compared to 10 articles on an average week.

Search Interest

47 people have searched for NFE on MarketBeat in the last 30 days. This is an increase of 213% compared to the previous 30 days.

MarketBeat Follows

17 people have added New Fortress Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 143% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, New Fortress Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $42,850.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

29.40% of the stock of New Fortress Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

58.61% of the stock of New Fortress Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NFE Stock Analysis - Frequently Asked Questions

How have NFE shares performed this year?

New Fortress Energy's stock was trading at $15.12 on January 1st, 2025. Since then, NFE shares have decreased by 79.8% and is now trading at $3.06.
View the best growth stocks for 2025 here.

How were New Fortress Energy's earnings last quarter?

New Fortress Energy Inc. (NASDAQ:NFE) posted its earnings results on Monday, March, 3rd. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. The business earned $679 million during the quarter, compared to the consensus estimate of $613.24 million. New Fortress Energy had a trailing twelve-month return on equity of 15.60% and a net margin of 7.84%.
Read the conference call transcript.

When did New Fortress Energy IPO?

New Fortress Energy (NFE) raised $300 million in an initial public offering (IPO) on Thursday, January 31st 2019. The company issued 20,000,000 shares at a price of $15.00 per share. Morgan Stanley, Barclays, Citigroup and Credit Suisse served as the underwriters for the IPO and Evercore ISI, Allen & Company, JMP Securities and Stifel were co-managers.

Who are New Fortress Energy's major shareholders?

Top institutional shareholders of New Fortress Energy include Vanguard Group Inc. (5.07%), Primecap Management Co. CA (4.76%), Invesco Ltd. (1.27%) and Kailix Advisors LLC (0.70%). Insiders that own company stock include Wesley R Edens, Energy Transition Holdings Llc, Christopher S Guinta, Katherine Wanner, Timothy W Jay and Desmond Iain Catterall.
View institutional ownership trends.

How do I buy shares of New Fortress Energy?

Shares of NFE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of New Fortress Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New Fortress Energy investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 3/03/2025
• Today: 5/20/2025
• Next Earnings (Estimated): 8/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Natural gas distribution
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:NFE
• CIK: 1749723
• Web: www.newfortressenergy.com
• Phone: (516) 268-7400
• Fax: N/A
• Employees: 670
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.83
• High Stock Price Target: $19.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +286.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.26)
• Trailing P/E Ratio: 3.36
• Forward P/E Ratio: 8.50
• P/E Growth: N/A
• Net Income: $547.88 million
• Net Margins: 7.84%
• Pretax Margin: 11.05%
• Return on Equity: 15.60%
• Return on Assets: 2.42%

Debt

• Debt-to-Equity Ratio: 4.06
• Current Ratio: 0.38
• Quick Ratio: 0.35

Sales & Book Value

• Annual Sales: $2.15 billion
• Price / Sales: 0.39
• Cash Flow: $0.94 per share
• Price / Cash Flow: 3.25
• Book Value: $8.67 per share
• Price / Book: 0.35

Miscellaneous

• Outstanding Shares: 273,772,000
• Free Float: 158,143,000
• Market Cap: $837.74 million
• Optionable: Optionable
• Beta: 1.45