NASDAQ:NFE - New Fortress Energy Stock Price, News, & Analysis

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$10.89 -0.34 (-3.03 %)
(As of 03/20/2019 04:00 PM ET)
Previous Close$11.23
Today's Range$10.66 - $11.53
52-Week Range$9.93 - $16.11
Volume326,829 shs
Average Volume308,543 shs
Market Capitalization$1.82 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
New Fortress Energy LLC operates as an integrated gas-to-power company. The company's activities include natural gas procurement and liquefaction; provision of logistics and shipping services; development and operation of terminals; and conversion or development of natural gas-fired generation. It intends to serve power, transportation, and industrial users of natural gas and LNG. The company was founded in 1998 and is based in New York, New York. New Fortress Energy LLC is a subsidiary of Fortress Investment Group LLC.

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Industry, Sector and Symbol

Industry Natural gas distribution
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:NFE
CUSIPN/A
CIKN/A
Phone516-268-7400

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$1.82 billion
Next Earnings DateN/A
OptionableNot Optionable

New Fortress Energy (NASDAQ:NFE) Frequently Asked Questions

What is New Fortress Energy's stock symbol?

New Fortress Energy trades on the NASDAQ under the ticker symbol "NFE."

What price target have analysts set for NFE?

8 Wall Street analysts have issued 12 month price targets for New Fortress Energy's shares. Their predictions range from $16.00 to $27.00. On average, they expect New Fortress Energy's share price to reach $20.2857 in the next twelve months. This suggests a possible upside of 86.3% from the stock's current price. View Analyst Price Targets for New Fortress Energy.

What is the consensus analysts' recommendation for New Fortress Energy?

8 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Fortress Energy.

Has New Fortress Energy been receiving favorable news coverage?

Media coverage about NFE stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. New Fortress Energy earned a coverage optimism score of 1.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term.

Who are some of New Fortress Energy's key competitors?

What other stocks do shareholders of New Fortress Energy own?

Who are New Fortress Energy's key executives?

New Fortress Energy's management team includes the folowing people:
  • Mr. Wesley Robert Edens, Chairman & CEO (Age 57)
  • Mr. Christopher S. Guinta, Chief Financial Officer (Age 35)
  • Mr. Michael J. Utsler, Chief Operating Officer (Age 62)

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 acted as the underwriters for the IPO and Evercore ISI, Allen & Company, JMP Securities and Stifel were co-managers.

When did the company's quiet period expire?

New Fortress Energy's quiet period expired on Tuesday, March 12th. New Fortress Energy had issued 20,000,000 shares in its IPO on January 31st. The total size of the offering was $280,000,000 based on an initial share price of $14.00. During the company's quiet period, insiders and underwriters that worked on the IPO were prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of New Fortress Energy?

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

What is New Fortress Energy's stock price today?

One share of NFE stock can currently be purchased for approximately $10.89.

How big of a company is New Fortress Energy?

New Fortress Energy has a market capitalization of $1.82 billion.

What is New Fortress Energy's official website?

The official website for New Fortress Energy is http://www.newfortressenergy.com.

How can I contact New Fortress Energy?

New Fortress Energy's mailing address is 111 W. 19TH STREET 8TH FLOOR, NEW YORK NY, 10011. The company can be reached via phone at 516-268-7400 or via email at [email protected]


MarketBeat Community Rating for New Fortress Energy (NASDAQ NFE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  16 (Vote Outperform)
Underperform Votes:  16 (Vote Underperform)
Total Votes:  32
MarketBeat's community ratings are surveys of what our community members think about New Fortress Energy and other stocks. Vote "Outperform" if you believe NFE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NFE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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