NASDAQ:NFE New Fortress Energy (NFE) Stock Price, News & Analysis → Make This $3 Trade the Instant the Opening Bell Rings (From Monument Traders Alliance) (Ad) Free NFE Stock Alerts $30.11 -1.27 (-4.05%) (As of 08:59 AM ET) Add Compare Share Share Today's Range$30.11▼$30.1150-Day Range$30.11▼$37.1152-Week Range$25.06▼$40.04Volume1,137 shsAverage Volume1.30 million shsMarket Capitalization$6.17 billionP/E Ratio11.36Dividend Yield1.33%Price Target$39.29 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get New Fortress Energy alerts: Email Address New Fortress Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside30.5% Upside$39.29 Price TargetShort InterestBearish10.57% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.22Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth2.42%From $4.13 to $4.23 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.3.92 out of 5 starsOils/Energy Sector116th out of 243 stocksNatural Gas Distribution Industry7th out of 12 stocks 3.2 Analyst's Opinion Consensus RatingNew Fortress Energy has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.29, New Fortress Energy has a forecasted upside of 30.5% from its current price of $30.11.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 Shorted10.57% 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 9.Change versus previous monthShort interest in New Fortress Energy has recently decreased by 4.54%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldNew Fortress Energy pays a meaningful dividend of 1.27%, 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 15.09%. 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 9.46% 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 4.0 News and Social Media Coverage News SentimentNew Fortress Energy has a news sentiment score of 1.22. 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 0.55 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 8 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 32% compared to the previous 30 days.MarketBeat Follows7 people have added New Fortress Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for New Fortress Energy are expected to grow by 2.42% in the coming year, from $4.13 to $4.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Fortress Energy is 11.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.99.Price to Earnings Ratio vs. SectorThe P/E ratio of New Fortress Energy is 11.36, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.69.Price to Book Value per Share RatioNew Fortress Energy has a P/B Ratio of 3.47. 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 Ad InvestorPlaceThey said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.There are five coins you must take a look at right away. 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 HeadlinesMarch 19, 2024 | businesswire.comNew Fortress Energy Inc. Announces Early Results of its Cash Tender Offer for its 6.750% Senior Secured Notes due 2025March 18, 2024 | msn.comNew Fortress Energy to sell two Puerto Rico power plants in $373M dealMarch 19, 2024 | Crypto 101 Media (Ad)Like Tiny Crypto Retirement FundsThe crypto bull market is about to blast off. Bitcoin and Ethereum are surging. But so are tiny altcoins that could be so profitable… They're like tiny crypto retirement funds. March 18, 2024 | finance.yahoo.comNew Fortress Energy Sells Two Power Plants to Puerto RicoMarch 18, 2024 | finance.yahoo.comNew Fortress Energy Announces Transformative Transactions in Puerto RicoMarch 14, 2024 | investorplace.comThe 3 Most Undervalued Hydrogen Stocks to Buy in March 2024March 14, 2024 | nasdaq.comEx-Dividend Reminder: New Fortress Energy, SFL and Crescent EnergyMarch 14, 2024 | msn.comFirm behind €650m LNG plant bid on Kerry landbank now hoping to develop gas reserve for the StateMarch 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 9, 2024 | americanbankingnews.comNew Fortress Energy Inc. to Post Q2 2024 Earnings of $1.01 Per Share, Capital One Financial Forecasts (NASDAQ:NFE)March 6, 2024 | msn.comNew Fortress Energy announces upsizing and pricing of $750M of senior secured notesMarch 5, 2024 | businesswire.comNew Fortress Energy Announces Upsizing and Pricing of $750 Million of Senior Secured NotesMarch 5, 2024 | businesswire.comNew Fortress Energy Inc. Announces Increase to Previously Announced Cash Tender Offer for its 6.750% Senior Secured Notes due 2025March 5, 2024 | businesswire.comNew Fortress Energy Inc. Announces Cash Tender Offer for up to $250,000,000 of its 6.750% Senior Secured Notes due 2025March 5, 2024 | msn.comDeutsche Bank Downgrades New Fortress Energy (NFE)March 4, 2024 | realmoney.thestreet.comNew Fortress Energy just downgraded at Deutsche Bank, here's whyMarch 4, 2024 | msn.comNew Fortress Energy to offer $500M of senior secured notesMarch 4, 2024 | markets.businessinsider.comBarclays Remains a Hold on New Fortress Energy (NFE)March 4, 2024 | businesswire.comNew Fortress Energy Announces Proposed Offering of $500 Million of Senior Secured NotesMarch 4, 2024 | businesswire.comNew Fortress Energy Announces Proposed Offering of $500 Million of Senior Secured NotesMarch 3, 2024 | finance.yahoo.comNew Fortress Energy Inc. Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting NextMarch 2, 2024 | seekingalpha.comNew Fortress Energy (NFE) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | finance.yahoo.comNew Fortress Energy Full Year 2023 Earnings: Beats ExpectationsMarch 1, 2024 | msn.comNew Fortress Energy starts Barcarena LNG terminal in BrazilMarch 1, 2024 | finance.yahoo.comNew Fortress Energy Inc. (NASDAQ:NFE) Q4 2023 Earnings Call TranscriptMarch 1, 2024 | businesswire.comNew Fortress Energy Places Terminal Gas Sul LNG Terminal in Santa Catarina, Brazil into OperationMarch 1, 2024 | finance.yahoo.comQ4 2023 New Fortress Energy Inc Earnings CallSee 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 12/27 Dividend12/12/2023Dividend Payable12/27/2023Last Earnings2/29/2024Ex-Dividend for 3/27 Dividend3/14/2024Today3/19/2024Dividend Payable3/27/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Natural gas distribution Sub-IndustryN/A Current SymbolNASDAQ:NFE CUSIPN/A CIK1749723 Webwww.newfortressenergy.com Phone(516) 268-7400FaxN/AEmployees577Year FoundedN/APrice Target and Rating Average Stock Price Target$39.29 High Stock Price Target$45.00 Low Stock Price Target$31.00 Potential Upside/Downside+30.5%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.65 Trailing P/E Ratio11.36 Forward P/E Ratio7.29 P/E GrowthN/ANet Income$547.88 million Net Margins22.70% Pretax Margin27.53% Return on Equity36.16% Return on Assets6.10% Debt Debt-to-Equity Ratio3.66 Current Ratio0.57 Quick Ratio0.51 Sales & Book Value Annual Sales$2.41 billion Price / Sales2.56 Cash Flow$3.56 per share Price / Cash Flow8.46 Book Value$8.67 per share Price / Book3.47Miscellaneous Outstanding Shares205,030,000Free Float128,966,000Market Cap$6.17 billion OptionableOptionable Beta1.54 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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: $1.05MMr. 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 48)Secretary Mr. Joshua KaneVice President of Investor RelationsMr. Patrick Thomas HughesExecutive OfficerMore ExecutivesKey CompetitorsUltrapar ParticipaçõesNYSE:UGPNational Fuel GasNYSE:NFGSouth Jersey IndustriesNYSE:SJINew Jersey ResourcesNYSE:NJRONE GasNYSE:OGSView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 11,449 shares on 3/11/2024Ownership: 4.142%Electron Capital Partners LLCBought 113,835 shares on 3/1/2024Ownership: 0.645%Price T Rowe Associates Inc. MDBought 5,474 shares on 2/16/2024Ownership: 0.016%Public Employees Retirement System of OhioBought 742 shares on 2/16/2024Ownership: 0.013%GTS Securities LLCSold 1,294 shares on 2/15/2024Ownership: 0.004%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 research analysts have issued "buy," "hold," and "sell" ratings for New Fortress Energy in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NFE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NFE, but not buy additional shares or sell existing shares. View NFE analyst ratings or view top-rated stocks. What is New Fortress Energy's stock price target for 2024? 7 brokers have issued 12 month target prices for New Fortress Energy's stock. Their NFE share price targets range from $31.00 to $45.00. On average, they anticipate the company's share price to reach $39.29 in the next twelve months. This suggests a possible upside of 30.5% 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 2024? New Fortress Energy's stock was trading at $37.73 at the start of the year. Since then, NFE shares have decreased by 20.2% and is now trading at $30.11. View the best growth stocks for 2024 here. When is New Fortress Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our NFE earnings forecast. How were New Fortress Energy's earnings last quarter? New Fortress Energy Inc. (NASDAQ:NFE) posted its earnings results on Thursday, February, 29th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.08. The company had revenue of $758.60 million for the quarter, compared to analysts' expectations of $647.54 million. New Fortress Energy had a trailing twelve-month return on equity of 36.16% and a net margin of 22.70%. The firm's revenue was up 38.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.87 earnings per share. How often does New Fortress Energy pay dividends? What is the dividend yield for New Fortress Energy? New Fortress Energy announced a quarterly dividend on Thursday, February 29th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.10 per share on Wednesday, March 27th. This represents a $0.40 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Thursday, March 14th. 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 1.27%. The dividend payout ratio is 15.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NFE will have a dividend payout ratio of 9.46% 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 $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? New Fortress Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital World Investors (7.30%), Vanguard Group Inc. (4.14%), Vanguard Group Inc. (4.14%), Primecap Management Co. CA (1.68%), HITE Hedge Asset Management LLC (0.77%) and M&G Investment Management Ltd. (0.75%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:NFE) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaThe world’s greatest investmentPorter & CompanyBiden out June 13?Paradigm PressMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders Agency 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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