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

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

New Fortress Energy LLC (NASDAQ:NFE) announced its quarterly 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 had revenue of $39.77 million for 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.

8 Wall Street analysts have issued 1-year target prices for New Fortress Energy's shares. Their predictions range from $15.00 to $27.00. On average, they expect New Fortress Energy's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price. View Analyst Price Targets 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.

Media stories about NFE stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. New Fortress Energy earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for New Fortress Energy.

New Fortress Energy saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 698,100 shares, an increase of 24.9% from the June 30th total of 559,100 shares. Based on an average daily volume of 118,000 shares, the short-interest ratio is presently 5.9 days. Approximately 5.2% of the company's stock are sold short. View New Fortress Energy's Current Options Chain.

Some companies that are related to New Fortress Energy include ENAGAS S A/ADR (ENGGY), ONE Gas (OGS), Ultrapar Participacoes (UGP), Spire (SR), National Fuel Gas (NFG), New Jersey Resources (NJR), 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 Novavax (NVAX), American Airlines Group (AAL), Electronic Arts (EA), Tesla (TSLA), Caterpillar (CAT), NIO (NIO), Tailored Brands (TLRD), Activision Blizzard (ATVI), Bloomin' Brands (BLMN) and Kraft Heinz (KHC).

(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.

New Fortress Energy's lock-up period expired on Tuesday, July 30th. New Fortress Energy had issued 20,000,000 shares in its initial public offering on January 31st. The total size of the offering was $280,000,000 based on an initial share price of $14.00. Since the expiration of New Fortress Energy's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

New Fortress Energy's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Schroder Investment Management Group (0.96%), Price T Rowe Associates Inc. MD (0.71%), Emerald Advisers LLC (0.51%), Emerald Mutual Fund Advisers Trust (0.46%), State Treasurer State of Michigan (0.09%) and Royal Bank of Canada (0.04%). Company insiders that own New Fortress Energy stock include C William Griffin, David J Grain, John J Mack, Katherine Wanner, Randal A Nardone and Wesley R Edens. View Institutional Ownership Trends for New Fortress Energy.

NFE stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Emerald Advisers LLC and Emerald Mutual Fund Advisers Trust. View Insider Buying and Selling for New Fortress Energy.

NFE stock was acquired by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, State Treasurer State of Michigan, Royal Bank of Canada, HighTower Advisors LLC, Endurance Wealth Management Inc., TD Asset Management Inc., Wells Fargo & Company MN and Price T Rowe Associates Inc. MD. Company insiders that have bought New Fortress Energy stock in the last two years include C William Griffin, David J Grain, John J Mack, Katherine Wanner, Randal A Nardone and Wesley R Edens. View Insider Buying and Selling for 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.

One share of NFE stock can currently be purchased for approximately $15.16.

New Fortress Energy has a market capitalization of $2.55 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]