NASDAQ:NFE New Fortress Energy (NFE) Stock Price, News & Analysis $20.17 -0.17 (-0.84%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$19.74▼$20.2850-Day Range$19.30▼$27.4852-Week Range$19.02▼$40.04Volume2.14 million shsAverage Volume1.76 million shsMarket Capitalization$4.14 billionP/E Ratio9.17Dividend Yield1.98%Price Target$38.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get New Fortress Energy alerts: Email Address New Fortress Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside88.4% Upside$38.00 Price TargetShort InterestBearish15.69% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.70Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth70.85%From $1.99 to $3.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.20 out of 5 starsOils/Energy Sector61st out of 248 stocksNatural Gas Distribution Industry3rd out of 13 stocks 3.3 Analyst's Opinion Consensus RatingNew 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 CoverageNew Fortress Energy has only been the subject of 3 research reports in the past 90 days.Read more about New Fortress Energy's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted15.69% of the float of New Fortress Energy has been sold short.Short Interest Ratio / Days to CoverNew Fortress Energy has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in New Fortress Energy has recently increased by 6.71%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldNew Fortress Energy pays a meaningful dividend of 1.94%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNew Fortress Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of New Fortress Energy is 18.18%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, New Fortress Energy will have a dividend payout ratio of 11.76% next year. This indicates that New Fortress Energy will be able to sustain or increase its dividend.Read more about New Fortress Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NFE. Previous Next 3.7 News and Social Media Coverage News SentimentNew Fortress Energy has a news sentiment score of 0.70. 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 higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 13 news articles for New Fortress Energy this week, compared to 4 articles on an average week.Search Interest33 people have searched for NFE on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.MarketBeat Follows13 people have added New Fortress Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 160% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Fortress Energy insiders have not sold or bought any company stock.Percentage Held by Insiders37.10% 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 Institutions58.61% 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.Read more about New Fortress Energy's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for New Fortress Energy are expected to grow by 70.85% in the coming year, from $1.99 to $3.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Fortress Energy is 9.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of New Fortress Energy is 9.17, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.75.Price to Book Value per Share RatioNew Fortress Energy has a P/B Ratio of 2.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about New Fortress Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About New Fortress Energy Stock (NASDAQ:NFE)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.Read More NFE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NFE Stock News HeadlinesJuly 25 at 3:48 AM | americanbankingnews.comNew Fortress Energy (NASDAQ:NFE) Price Target Cut to $26.00July 25 at 1:19 AM | americanbankingnews.comNew Fortress Energy (NASDAQ:NFE) Shares Down 7.2% Following Analyst DowngradeJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 25 at 12:10 AM | benzinga.comNew Fortress Energy Options Trading: A Deep Dive into Market SentimentJuly 23 at 4:48 PM | markets.businessinsider.comAssessing New Fortress Energy: Insights From 4 Financial AnalystsJuly 23 at 4:48 PM | msn.comJim Cramer Says This Energy Stock Can Rise if Donald Trump Wins the ElectionJuly 23 at 4:48 PM | finance.yahoo.comNew Fortress Energy Announces Closing of $700 Million Loan for Second FLNG UnitJuly 23 at 1:27 AM | americanbankingnews.comNew Fortress Energy Inc. (NASDAQ:NFE) Given Consensus Recommendation of "Moderate Buy" by BrokeragesJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 19, 2024 | americanbankingnews.comNew Fortress Energy (NASDAQ:NFE) Sees Large Volume IncreaseJuly 18, 2024 | americanbankingnews.comNew Fortress Energy Target of Unusually Large Options Trading (NASDAQ:NFE)July 17, 2024 | seekingalpha.comNew Fortress Energy: Highlighting Balance Sheet FrustrationsJuly 9, 2024 | prnewswire.comPennybacker Furthers Infrastructure Investments with Acquisition of Miami LNGMay 27, 2024 | msn.comThe Week’s Investing News Roundup: Amazon, Dividend Stocks, and MoreMay 22, 2024 | investorplace.com3 Hydrogen Stocks Brimming With Potential in May 2024May 21, 2024 | markets.businessinsider.com3 Hydrogen Stocks Brimming With Potential in May 2024May 15, 2024 | msn.comCEPU and NFE are among utility moversMay 15, 2024 | investorplace.comMay's Markdowns: 7 Bargain Stocks the Street OverlookedSee More Headlines Receive NFE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Fortress Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Ex-Dividend for 6/27 Dividend6/14/2024Dividend Payable6/27/2024Today7/26/2024Next Earnings (Confirmed)8/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Natural gas distribution Sub-IndustryUtilities Current SymbolNASDAQ:NFE CUSIPN/A CIK1749723 Webwww.newfortressenergy.com Phone(516) 268-7400FaxN/AEmployees670Year FoundedN/APrice Target and Rating Average Stock Price Target$38.00 High Stock Price Target$45.00 Low Stock Price Target$26.00 Potential Upside/Downside+88.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.20 Trailing P/E Ratio9.18 Forward P/E Ratio10.15 P/E GrowthN/ANet Income$547.88 million Net Margins17.90% Pretax Margin22.27% Return on Equity31.34% Return on Assets5.21% Debt Debt-to-Equity Ratio3.74 Current Ratio0.66 Quick Ratio0.54 Sales & Book Value Annual Sales$2.41 billion Price / Sales1.72 Cash Flow$3.63 per share Price / Cash Flow5.56 Book Value$8.67 per share Price / Book2.33Miscellaneous Outstanding Shares205,060,000Free Float128,985,000Market Cap$4.14 billion OptionableOptionable Beta1.49 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Wesley Robert Edens (Age 62)Founder, Chairman & CEO Mr. Christopher S. Guinta (Age 41)Chief Financial Officer Comp: $2MMs. Yunyoung Shin (Age 46)Chief Accounting Officer Comp: $1.1MMr. Brett MagillHead of Investor Relations & MDJake SuskiManaging Director of Public AffairsMr. Brannen McElmurrayMD & Chief Development OfficerMr. Sam AbdallaHead of Distributed Generation Projects & VP of Project DevelopmentMr. Cameron D. MacDougall Esq. (Age 48)Secretary Mr. Joshua KaneVice President of Investor RelationsMr. Patrick Thomas HughesExecutive OfficerMore ExecutivesKey CompetitorsSouth Jersey IndustriesNYSE:SJINational Fuel GasNYSE:NFGUltrapar ParticipaçõesNYSE:UGPNew Jersey ResourcesNYSE:NJRONE GasNYSE:OGSView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 45,924 shares on 7/26/2024Ownership: 0.228%American National BankBought 1,186 shares on 7/23/2024Ownership: 0.001%M&G PlcBought 874,210 shares on 7/16/2024Ownership: 1.238%ORG Partners LLCBought 3,408 shares on 7/16/2024Ownership: 0.002%SG Americas Securities LLCBought 129,911 shares on 7/12/2024Ownership: 0.063%View All Institutional Transactions NFE Stock Analysis - Frequently Asked Questions How have NFE shares performed this year? New Fortress Energy's stock was trading at $37.73 on January 1st, 2024. Since then, NFE stock has decreased by 46.5% and is now trading at $20.17. View the best growth stocks for 2024 here. How were New Fortress Energy's earnings last quarter? New Fortress Energy Inc. (NASDAQ:NFE) released its quarterly earnings results on Wednesday, May, 8th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.60 by $0.07. New Fortress Energy's revenue was up 19.2% on a year-over-year basis. What is Wesley Edens' approval rating as New Fortress Energy's CEO? 2 employees have rated New Fortress Energy Chief Executive Officer Wesley Edens on Glassdoor.com. Wesley Edens has an approval rating of 100% among the company's employees. This puts Wesley Edens in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. When did New Fortress Energy IPO? New Fortress Energy (NFE) raised $300 million in an IPO on Thursday, January 31st 2019. The company issued 20,000,000 shares at $15.00 per share. Morgan Stanley, Barclays, Citigroup and Credit Suisse acted 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 M&G Plc (1.24%), Bank of New York Mellon Corp (0.23%), SG Americas Securities LLC (0.06%) and ORG Partners LLC. Insiders that own company stock include Nfe Smrs Holdings Llc, Energy Transition Holdings Llc, Katherine Wanner, John J Mack, 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. Compare Top Brokerages Here. 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 Coty (COTY), Designer Brands (DBI), Energy Transfer (ET), Kohl's (KSS), Pfizer (PFE), AT&T (T) and Tapestry (TPR). This page (NASDAQ:NFE) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... 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