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

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

New Fortress Energy LLC (NASDAQ:NFE) issued its earnings results on Monday, August, 12th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.26) by $0.02. The firm earned $39.77 million during the quarter, compared to analyst estimates of $42.91 million. View New Fortress Energy's Earnings History.

New Fortress Energy is scheduled to release their next quarterly earnings announcement on Monday, November 11th 2019. View Earnings Estimates for New Fortress Energy.

9 brokerages have issued 12 month price targets for New Fortress Energy's shares. Their forecasts range from $15.00 to $30.00. On average, they anticipate New Fortress Energy's stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 26.7% from the stock's current price. View Analyst Price Targets for New Fortress Energy.

9 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Fortress Energy.

Headlines about NFE stock have trended negative on Sunday, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. New Fortress Energy earned a news impact score of -2.6 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for New Fortress Energy.

New Fortress Energy saw a decline in short interest in September. As of September 30th, there was short interest totalling 634,000 shares, a decline of 7.7% from the August 30th total of 686,700 shares. Based on an average daily trading volume, of 144,300 shares, the short-interest ratio is presently 4.4 days. Currently, 5.0% of the shares of the company are short sold. View New Fortress Energy's Current Options Chain.

Some companies that are related to New Fortress Energy include ENAGAS S A/ADR (ENGGY), Ultrapar Participacoes (UGP), ONE Gas (OGS), Spire (SR), New Jersey Resources (NJR), National Fuel Gas (NFG), South Jersey Industries (SJI), Northwest Natural (NWN) and Just Energy Group (JE).

Based on aggregate information from My MarketBeat watchlists, some companies that other New Fortress Energy investors own include NIO (NIO), Activision Blizzard (ATVI), Electronic Arts (EA), Electronic Arts (EA), Novavax (NVAX), Tesla (TSLA), Caterpillar (CAT), Crowdstrike (CRWD), Evolus (EOLS) and Kraft Heinz (KHC).

(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.

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, Robinhood, Fidelity and Charles Schwab.

One share of NFE stock can currently be purchased for approximately $17.37.

New Fortress Energy has a market capitalization of $2.92 billion and generates $112.30 million in revenue each year. View Additional Information About New Fortress Energy.

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

New Fortress Energy's mailing address is 111 WEST 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]