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) released its quarterly earnings data on Monday, August, 12th. The company reported ($0.28) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.26) by $0.02. The business 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 Wall Street analysts have issued twelve-month price objectives for New Fortress Energy's shares. Their forecasts range from $17.00 to $30.00. On average, they expect New Fortress Energy's stock price to reach $22.33 in the next year. This suggests a possible upside of 27.4% 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.

Media coverage about NFE stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. New Fortress Energy earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for New Fortress Energy.

New Fortress Energy saw a drop in short interest in September. As of September 30th, there was short interest totalling 634,000 shares, a drop of 7.7% from the August 30th total of 686,700 shares. Based on an average trading volume of 144,300 shares, the short-interest ratio is currently 4.4 days. Approximately 5.0% of the company's stock 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 Caterpillar (CAT), NIO (NIO), Activision Blizzard (ATVI), Electronic Arts (EA), Electronic Arts (EA), Novavax (NVAX), Tesla (TSLA), American International Group (AIG), Macy's (M) and Tailored Brands (TLRD).

(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.

New Fortress Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State of Michigan Retirement System (0.26%) and Endurance Wealth Management Inc. (0.03%). 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 bought by a variety of institutional investors in the last quarter, including State of Michigan Retirement System and Endurance Wealth Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of NFE stock can currently be purchased for approximately $17.53.

New Fortress Energy has a market capitalization of $2.94 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]