New Fortress Energy (NFE) Stock Price, News & Analysis $37.88 +0.48 (+1.28%) (As of 12/8/2023 08:57 PM ET) Add Compare Share Share Today's Range$37.29▼$38.4850-Day Range$27.64▼$39.7152-Week Range$25.06▼$50.85Volume998,500 shsAverage Volume1.47 million shsMarket Capitalization$7.77 billionP/E Ratio20.04Dividend Yield1.06%Price Target$43.71 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media New Fortress Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside15.4% Upside$43.71 Price TargetShort InterestBearish11.12% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.38Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth94.60%From $2.78 to $5.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.79 out of 5 starsOils/Energy Sector46th out of 222 stocksNatural Gas Distribution Industry2nd out of 10 stocks 2.4 Analyst's Opinion Consensus RatingNew Fortress Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.71, New Fortress Energy has a forecasted upside of 15.4% from its current price of $37.88.Amount of Analyst CoverageNew Fortress Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.12% 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 7.7.Change versus previous monthShort interest in New Fortress Energy has recently decreased by 1.61%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldNew Fortress Energy pays a meaningful dividend of 1.04%, 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 21.16%. 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 7.39% next year. This indicates that New Fortress Energy will be able to sustain or increase its 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 3.5 News and Social Media Coverage News SentimentNew Fortress Energy has a news sentiment score of 1.38. 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 0.66 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for New Fortress Energy this week, compared to 3 articles on an average week.Search Interest44 people have searched for NFE on MarketBeat in the last 30 days. This is an increase of 91% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added New Fortress Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 Institutions50.16% 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. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for New Fortress Energy are expected to grow by 94.60% in the coming year, from $2.78 to $5.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Fortress Energy is 20.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.76.Price to Earnings Ratio vs. SectorThe P/E ratio of New Fortress Energy is 20.04, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.85.Price to Earnings Growth RatioNew Fortress Energy has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNew Fortress Energy has a P/B Ratio of 5.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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; landed micro-fuel handling facility in San Juan, Puerto Rico; FRSU in Sergipe, Brazil; and LNG receiving facility in La Paz, Mexico, as well as 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 HeadlinesDecember 11, 2023 | americanbankingnews.comNew Fortress Energy Inc. (NASDAQ:NFE) Given Consensus Rating of "Moderate Buy" by AnalystsDecember 8, 2023 | finance.yahoo.comIs New Fortress Energy Inc. (NASDAQ:NFE) Worth US$37.4 Based On Its Intrinsic Value?December 11, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.December 4, 2023 | seekingalpha.comNew Fortress: EPS Estimates Tempered, But Share Price Momentum Stands OutNovember 24, 2023 | morningstar.comNew Fortress Energy Inc Class A NFENovember 23, 2023 | insidermonkey.com5 Best Short-Term Stocks to Invest InNovember 15, 2023 | finance.yahoo.comNew Fortress Energy (NASDAQ:NFE) Is Paying Out A Dividend Of $0.10November 10, 2023 | finance.yahoo.comNew Fortress Energy Inc. (NASDAQ:NFE) Q3 2023 Earnings Call TranscriptDecember 11, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 10, 2023 | msn.comNew Fortress Energy delays start of Mexico's first export plant to DecemberNovember 9, 2023 | reuters.comNew Fortress delays start of Mexico's first LNG plant to DecemberNovember 8, 2023 | finance.yahoo.comNew Fortress Energy Inc (NFE) Reports Q3 2023 Financial ResultsNovember 8, 2023 | finance.yahoo.comUPDATE 2-New Fortress delays start of Mexico's first LNG plant to DecemberNovember 8, 2023 | markets.businessinsider.comNew Fortress Energy Inc Q3 Profit misses estimatesNovember 8, 2023 | finance.yahoo.comNew Fortress Energy Announces Third Quarter 2023 ResultsNovember 7, 2023 | msn.comNew Fortress Energy, Pemex scrap Mexican deepwater gas project - ReutersNovember 7, 2023 | msn.comExclusive: Mexico's Pemex, New Fortress Energy scrap deepwater gas project -sourcesNovember 7, 2023 | finance.yahoo.comNew Fortress Energy Closes Financings to Fully Fund 630 MW Barcarena Power Plant; Barcarena LNG Import Terminal to Commence Operations at Year End 2023November 7, 2023 | finance.yahoo.comUS natgas prices drop 4% on record output, mild weatherNovember 7, 2023 | finance.yahoo.comExclusive-Mexico's Pemex, New Fortress Energy scrap deepwater gas project -sourcesNovember 6, 2023 | msn.comNew Fortress Energy to charter FSRU for new Brazil LNG import terminalNovember 6, 2023 | finance.yahoo.comTaking A Look At New Fortress Energy Inc.'s (NASDAQ:NFE) ROENovember 2, 2023 | finance.yahoo.comNew Fortress Energy Closes $856 Million Loan Credit FacilityNovember 2, 2023 | finance.yahoo.comNew Fortress Energy says considering an onshore LNG facility in MexicoNovember 2, 2023 | oilprice.comDepartment Of Energy Delays Launch Of New LNG Export TerminalOctober 31, 2023 | msn.comLightning Round: Celsius is a 'buy' here, says Jim CramerOctober 30, 2023 | finance.yahoo.comUPDATE 1-US reviews of gas-export permits slow under Biden administrationSee 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 Ex-Dividend for 9/27 Dividend9/12/2023Dividend Payable9/27/2023Last Earnings11/08/2023Today12/11/2023Ex-Dividend for 12/27 Dividend12/12/2023Dividend Payable12/27/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Natural gas distribution Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:NFE CUSIPN/A CIK1749723 Webwww.newfortressenergy.com Phone(516) 268-7400FaxN/AEmployees577Year FoundedN/APrice Target and Rating Average Stock Price Target$43.71 High Stock Price Target$60.00 Low Stock Price Target$31.00 Potential Upside/Downside+15.4%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.89 Trailing P/E Ratio20.04 Forward P/E Ratio13.63 P/E Growth0.59Net Income$194.48 million Net Margins17.93% Pretax Margin21.45% Return on Equity36.59% Return on Assets6.32% Debt Debt-to-Equity Ratio3.74 Current Ratio0.45 Quick Ratio0.40 Sales & Book Value Annual Sales$2.20 billion Price / Sales3.53 Cash Flow$3.50 per share Price / Cash Flow10.82 Book Value$6.91 per share Price / Book5.48Miscellaneous Outstanding Shares205,031,000Free Float128,964,000Market Cap$7.77 billion OptionableNot Optionable Beta1.59 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Wesley Robert Edens (Age 61)Founder, Chairman & CEO Mr. Christopher S. Guinta (Age 40)Chief Financial Officer Comp: $2MMs. Yunyoung Shin (Age 45)Chief Accounting Officer Comp: $1.05MMr. 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 47)Secretary Mr. Joshua KaneVice President of Investor RelationsMr. Patrick Thomas HughesExecutive OfficerMore ExecutivesKey CompetitorsUltrapar ParticipaçõesNYSE:UGPMurphy USANYSE:MUSARange ResourcesNYSE:RRCSouthwestern EnergyNYSE:SWNTechnipFMCNYSE:FTIView All CompetitorsInsiders & InstitutionsVisionPoint Advisory Group LLCBought 11,606 shares on 12/6/2023Ownership: 0.022%Citigroup Inc.Bought 1,092 shares on 12/6/2023Ownership: 0.006%American Century Companies Inc.Bought 16,284 shares on 11/30/2023Ownership: 0.013%Deutsche Bank AGSold 9,433 shares on 11/24/2023Ownership: 0.027%Hohimer Wealth Management LLCBought 589 shares on 11/21/2023Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions NFE Stock Analysis - Frequently Asked Questions Should I buy or sell New Fortress Energy stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Fortress Energy in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NFE shares. View NFE analyst ratings or view top-rated stocks. What is New Fortress Energy's stock price target for 2024? 7 Wall Street analysts have issued 12 month price targets for New Fortress Energy's shares. Their NFE share price targets range from $31.00 to $60.00. On average, they predict the company's stock price to reach $43.71 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View analysts price targets for NFE or view top-rated stocks among Wall Street analysts. How have NFE shares performed in 2023? New Fortress Energy's stock was trading at $42.42 at the start of the year. Since then, NFE stock has decreased by 10.7% and is now trading at $37.88. View the best growth stocks for 2023 here. When is New Fortress Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our NFE earnings forecast. How were New Fortress Energy's earnings last quarter? New Fortress Energy Inc. (NASDAQ:NFE) released its quarterly earnings results on Wednesday, November, 8th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.11. The company had revenue of $514.50 million for the quarter, compared to the consensus estimate of $499.57 million. New Fortress Energy had a net margin of 17.93% and a trailing twelve-month return on equity of 36.59%. New Fortress Energy's revenue for the quarter was down 12.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS. How often does New Fortress Energy pay dividends? What is the dividend yield for New Fortress Energy? New Fortress Energy declared a quarterly dividend on Wednesday, November 8th. Investors of record on Wednesday, December 13th will be paid a dividend of $0.10 per share on Wednesday, December 27th. This represents a $0.40 annualized dividend and a yield of 1.06%. The ex-dividend date is Tuesday, December 12th. Read our dividend analysis for NFE. Is New Fortress Energy a good dividend stock? New Fortress Energy (NASDAQ:NFE) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.04%. The dividend payout ratio is 21.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NFE will have a dividend payout ratio of 7.39% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NFE. What ETFs hold New Fortress Energy's stock? ETFs with the largest weight of New Fortress Energy (NASDAQ:NFE) stock in their portfolio include Ecofin US Renewables Infrastructure (RNEW), Pacer American Energy Independence ETF (USAI), Clough Select Equity ETF (CBSE), Clough Long/Short Equity ETF (CBLS), InfraCap Equity Income Fund ETF (ICAP), InfraCap MLP ETF (AMZA), KraneShares Global Carbon Transformation ETF (KGHG) and First Trust Energy AlphaDEX Fund (FXN). 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. What other stocks do shareholders of New Fortress Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other New Fortress Energy investors own include Coty (COTY), Designer Brands (DBI), Energy Transfer (ET), Kohl's (KSS), Pfizer (PFE), AT&T (T), Tapestry (TPR), Tesla (TSLA), WW International (WW) and AbbVie (ABBV). When did New Fortress Energy IPO? (NFE) raised $300 million in an initial public offering 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? New Fortress Energy's stock is owned by a variety of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (3.06%), Federated Hermes Inc. (2.15%), FMR LLC (1.68%), Invesco Ltd. (1.67%), Morgan Stanley (0.84%) and Kailix Advisors LLC (0.59%). Insiders that own company stock include Desmond Iain Catterall, Energy Transition Holdings Llc, John J Mack, Katherine Wanner, Larry M Hutchison, Nfe Smrs Holdings Llc, Robert A Katz and Timothy W Jay. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:NFE) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Fortress Energy Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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