Top-Rated StocksTop-RatedPositive News SentimentPositive NewsNASDAQ:NFE New Fortress Energy (NFE) Stock Forecast, Price & News $25.96 -0.24 (-0.92%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$25.37▼$26.7550-Day Range$25.96▼$30.8352-Week Range$25.37▼$63.06Volume1.82 million shsAverage Volume1.34 million shsMarket Capitalization$5.32 billionP/E Ratio52.98Dividend Yield1.54%Price Target$56.70 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media New Fortress Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.89 Rating ScoreUpside/Downside118.4% Upside$56.70 Price TargetShort InterestBearish8.64% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.70Based on 5 Articles This WeekInsider TradingAcquiring Shares$84,840 Bought Last QuarterProj. Earnings Growth29.06%From $4.99 to $6.44 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.2.81 out of 5 starsOils/Energy Sector60th out of 250 stocksNatural Gas Distribution Industry2nd out of 11 stocks 3.4 Analyst's Opinion Consensus RatingNew Fortress Energy has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $56.70, New Fortress Energy has a forecasted upside of 118.4% from its current price of $25.96.Amount of Analyst CoverageNew Fortress Energy has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.64% 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 4.6.Change versus previous monthShort interest in New Fortress Energy has recently increased by 12.20%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldNew Fortress Energy pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNew Fortress Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of New Fortress Energy is 81.63%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, New Fortress Energy will have a dividend payout ratio of 6.21% 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 3.2 News and Social Media Coverage News SentimentNew Fortress Energy has a news sentiment score of 1.70. 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 0.45 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for New Fortress Energy this week, compared to 4 articles on an average week.Search InterestOnly 31 people have searched for NFE on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added New Fortress Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Fortress Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $84,840.00 in company stock and sold $0.00 in 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 2.5 Earnings and Valuation Earnings GrowthEarnings for New Fortress Energy are expected to grow by 29.06% in the coming year, from $4.99 to $6.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Fortress Energy is 52.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.71.Price to Earnings Ratio vs. SectorThe P/E ratio of New Fortress Energy is 52.98, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 52.76.Price to Book Value per Share RatioNew Fortress Energy has a P/B Ratio of 3.67. 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 (NASDAQ:NFE) StockNew Fortress Energy, Inc. is a holding company engaged in the management of integrated gas-to-power energy infrastructure. It funds, builds, and operates natural gas infrastructure and logistics to deliver energy solutions. The company was founded by Wesley Robert Edens on February 25, 2014 and is headquartered in New York, NY.Read More 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 NFE Stock News HeadlinesMay 6, 2023 | finance.yahoo.comAn Intrinsic Calculation For New Fortress Energy Inc. (NASDAQ:NFE) Suggests It's 49% UndervaluedMay 5, 2023 | finance.yahoo.comQ1 2023 New Fortress Energy Inc Earnings CallMay 27, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 4, 2023 | msn.comNew Fortress Energy Q1 2023 Earnings PreviewMay 4, 2023 | finance.yahoo.comNew Fortress Energy could install Fast LNG units onshore at Altamira, MexicoMay 4, 2023 | seekingalpha.comNew Fortress Energy Inc. (NFE) Q1 2023 Earnings Call TranscriptMay 4, 2023 | seekingalpha.comNew Fortress Energy Inc. 2023 Q1 - Results - Earnings Call PresentationMay 4, 2023 | msn.comRecap: New Fortress Energy Q1 EarningsMay 27, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 3, 2023 | msn.comNew Fortress Energy: Market Outlook, First FLNG Project, And RisksMay 3, 2023 | americanbankingnews.comBrokerages Set New Fortress Energy Inc. (NASDAQ:NFE) Price Target at $56.70May 2, 2023 | msn.comNew Fortress Energy: Compelling Valuation Ahead Of Earnings, But Watch The Price ActionMay 2, 2023 | americanbankingnews.comNew Fortress Energy (NFE) to Release Quarterly Earnings on ThursdayApril 28, 2023 | americanbankingnews.comJefferies Financial Group Weighs in on New Fortress Energy Inc.'s Q3 2023 Earnings (NASDAQ:NFE)April 27, 2023 | finance.yahoo.comAnalysts Estimate New Fortress Energy (NFE) to Report a Decline in Earnings: What to Look Out forApril 24, 2023 | msn.comBarclays Maintains New Fortress Energy Inc - (NFE) Equal-Weight RecommendationApril 24, 2023 | americanbankingnews.comNew Fortress Energy (NASDAQ:NFE) Price Target Lowered to $34.00 at BarclaysApril 24, 2023 | markets.businessinsider.comBarclays Sticks to Its Hold Rating for New Fortress Energy (NFE)April 19, 2023 | finance.yahoo.comBullish insiders bet US$602k on New Fortress Energy Inc. (NASDAQ:NFE)April 11, 2023 | americanbankingnews.comNew Fortress Energy (NASDAQ:NFE) Receives New Coverage from Analysts at Deutsche Bank AktiengesellschaftApril 10, 2023 | msn.comDeutsche Bank Initiates Coverage of New Fortress Energy (NFE) with Buy RecommendationApril 10, 2023 | msn.comNew Fortress Energy rated new Buy with $60 price target at Deutsche BankApril 10, 2023 | markets.businessinsider.comBank of America Securities Keeps Their Buy Rating on New Fortress Energy (NFE)April 10, 2023 | finance.yahoo.comNew Fortress Energy Schedules First Quarter 2023 Earnings Release and Conference CallApril 8, 2023 | americanbankingnews.comNew Fortress Energy Inc. (NASDAQ:NFE) Receives $56.10 Average PT from AnalystsApril 3, 2023 | finance.yahoo.comNew Fortress Energy (NASDAQ:NFE) increases 6.1% this week, taking three-year gains to 237%March 17, 2023 | businesswire.comNew Fortress Energy Signs Contract To Provide 150MW Of Fast Power In Puerto RicoSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 NFE Company Calendar Ex-Dividend for 3/28 Dividend3/16/2023Dividend Payable3/28/2023Last Earnings5/04/2023Today5/27/2023Ex-Dividend for 6/28 Dividend6/14/2023Dividend Payable6/28/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get 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/AEmployees671Year FoundedN/APrice Target and Rating Average Stock Price Forecast$56.70 High Stock Price Forecast$74.00 Low Stock Price Forecast$34.00 Forecasted Upside/Downside+118.4%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.49 Trailing P/E Ratio52.98 Forward P/E Ratio5.20 P/E GrowthN/ANet Income$194.48 million Net Margins4.36% Pretax Margin2.06% Return on Equity34.54% Return on Assets7.86% Debt Debt-to-Equity Ratio3.42 Current Ratio0.83 Quick Ratio0.77 Sales & Book Value Annual Sales$2.37 billion Price / Sales2.25 Cash Flow$3.42 per share Price / Cash Flow7.58 Book Value$7.07 per share Price / Book3.67Miscellaneous Outstanding Shares205,030,000Free Float128,964,000Market Cap$5.32 billion OptionableNot Optionable Beta1.61 Key ExecutivesWesley Robert EdensChairman & Chief Executive OfficerChristopher S. GuintaChief Financial OfficerYun Young ShinChief Accounting OfficerPatrick Thomas HughesInvestor Relations ContactCameron D. MacDougallSecretaryKey CompetitorsUltrapar ParticipaçõesNYSE:UGPExcelerate EnergyNYSE:EECheniere Energy PartnersNYSE:CQPSouthwestern EnergyNYSE:SWNMurphy OilNYSE:MURView All CompetitorsInsiders & InstitutionsTimothy W JayBought 3,000 shares on 5/23/2023Total: $84,840.00 ($28.28/share)Toroso Investments LLCBought 1,082 shares on 5/23/2023Ownership: 0.004%Ameriprise Financial Inc.Sold 2,882 shares on 5/22/2023Ownership: 0.005%Advanced Portfolio Management LLCBought 100,000 shares on 5/19/2023Ownership: 0.049%JPMorgan Chase & Co.Bought 349,720 shares on 5/18/2023Ownership: 0.182%View All Insider TransactionsView All Institutional Transactions NFE Stock - Frequently Asked Questions Should I buy or sell New Fortress Energy stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Fortress Energy in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NFE shares. View NFE analyst ratings or view top-rated stocks. What is New Fortress Energy's stock price forecast for 2023? 9 brokerages have issued 12 month price targets for New Fortress Energy's stock. Their NFE share price forecasts range from $34.00 to $74.00. On average, they anticipate the company's share price to reach $56.70 in the next twelve months. This suggests a possible upside of 118.4% 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 beginning of 2023. Since then, NFE stock has decreased by 38.8% and is now trading at $25.96. 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 Wednesday, August 2nd 2023. View our NFE earnings forecast. How were New Fortress Energy's earnings last quarter? New Fortress Energy Inc. (NASDAQ:NFE) issued its earnings results on Thursday, May, 4th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $0.97 by $0.07. The business earned $579.10 million during the quarter, compared to analyst estimates of $700.26 million. New Fortress Energy had a trailing twelve-month return on equity of 34.54% and a net margin of 4.36%. The firm's revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.13 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, May 4th. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.10 per share on Wednesday, June 28th. This represents a $0.40 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend is Wednesday, June 14th. 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 ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA), VanEck Green Infrastructure ETF (RNEW), Pacer American Energy Independence ETF (USAI), InfraCap Equity Income Fund ETF (ICAP), Changebridge Select Equity ETF (CBSE), Changebridge Long/Short Equity ETF (CBLS), First Trust Energy AlphaDEX Fund (FXN) and InfraCap MLP ETF (AMZA). 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 1.53%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 81.63%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NFE will have a dividend payout ratio of 6.21% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NFE. 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 IPO 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. What is New Fortress Energy's stock symbol? New Fortress Energy trades on the NASDAQ under the ticker symbol "NFE." Who are New Fortress Energy's major shareholders? New Fortress Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Federated Hermes Inc. (1.90%), William Blair Investment Management LLC (1.61%), FMR LLC (1.53%), BlackRock Inc. (1.36%), HITE Hedge Asset Management LLC (1.16%) and Kailix Advisors LLC (0.52%). Insiders that own company stock include C William Griffin, Energy Transition Holdings Llc, John J Mack, 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. What is New Fortress Energy's stock price today? One share of NFE stock can currently be purchased for approximately $25.96. How much money does New Fortress Energy make? New Fortress Energy (NASDAQ:NFE) has a market capitalization of $5.32 billion and generates $2.37 billion in revenue each year. The company earns $194.48 million in net income (profit) each year or $0.49 on an earnings per share basis. How many employees does New Fortress Energy have? The company employs 671 workers across the globe. 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 official website for the company is www.newfortressenergy.com. The company can be reached via phone at (516) 268-7400 or via email at ir@newfortressenergy.com. This page (NASDAQ:NFE) was last updated on 5/27/2023 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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