Top-Rated Dividend Stocks NASDAQ:NFE New Fortress Energy - NFE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $38.13 +0.90 (+2.42%) (As of 01/27/2023 01:17 PM ET) Add Compare Share Share Today's Range$36.90▼$38.2150-Day Range$33.67▼$51.2452-Week Range$19.42▼$63.06Volume512,298 shsAverage Volume1.68 million shsMarket Capitalization$7.96 billionP/E Ratio28.67Dividend Yield32.23%Price Target$62.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media New Fortress Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside63.3% Upside$61.50 Price TargetShort InterestBearish5.04% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.29Based on 8 Articles This WeekInsider TradingSelling Shares$314.36 M Sold Last QuarterProj. Earnings Growth72.27%From $3.21 to $5.53 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.3.14 out of 5 starsOils/Energy Sector5th out of 244 stocksNatural Gas Distribution Industry1st out of 12 stocks 3.4 Analyst's Opinion Consensus RatingNew Fortress Energy has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $61.50, New Fortress Energy has a forecasted upside of 63.3% from its current price of $37.67.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 Shorted5.04% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New Fortress Energy has recently increased by 4.49%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipNew Fortress Energy is a leading dividend payer. It pays a dividend yield of 32.23%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNew Fortress Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of New Fortress Energy is 902.26%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, New Fortress Energy will have a dividend payout ratio of 217.00% in the coming year. This indicates that New Fortress Energy may not be able to sustain their current 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 1.29. 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 0.49 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 3 articles on an average week.Search Interest34 people have searched for NFE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows29 people have added New Fortress Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 263% 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 sold 223,119.15% more of their company's stock than they have bought. Specifically, they have bought $140,832.00 in company stock and sold $314,364,000.00 in company stock.Percentage Held by Insiders37.70% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for New Fortress Energy are expected to grow by 72.27% in the coming year, from $3.21 to $5.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Fortress Energy is 28.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.25.Price to Earnings Ratio vs. SectorThe P/E ratio of New Fortress Energy is 28.32, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 44.70.Price to Book Value per Share RatioNew Fortress Energy has a P/B Ratio of 3.91. 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 HeadlinesJanuary 25, 2023 | finance.yahoo.comNFE Subsidiary Genera Awarded Contract to Manage Puerto Rico’s Power Generation SystemJanuary 25, 2023 | americanbankingnews.comNew Fortress Energy Inc. (NASDAQ:NFE) Receives $62.50 Average PT from AnalystsJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 17, 2023 | markets.businessinsider.comSwelling Green Hydrogen Demand Can Fuel These 2 StocksJanuary 9, 2023 | finance.yahoo.comTop Picks 2023- New Fortress Energy NFEDecember 31, 2022 | incomeinvestors.comNew Fortress Energy StockDecember 29, 2022 | incomeinvestors.comNew Fortress Energy Stock Gives Dividend Hogs a Big Pay RaiseDecember 21, 2022 | finance.yahoo.comRead This Before Judging New Fortress Energy Inc.'s (NASDAQ:NFE) ROEJanuary 27, 2023 | Investing Trends (Ad)"We need batteries. Literally everywhere."Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense." December 17, 2022 | finance.yahoo.comNew Fortress Energy Inc. (NFE)December 15, 2022 | finance.yahoo.comNew Fortress Energy Inc. Announces Pricing of Secondary Offering of Common StockDecember 12, 2022 | finance.yahoo.comNFE Announces Update to Dividend Policy, Plan to Return Significant Capital to ShareholdersDecember 9, 2022 | barrons.comPremarket Movers: MongoDB, Toast, AirbnbDecember 6, 2022 | benzinga.comGreenberg Traurig Mexico Represents New Fortress Energy in a Gulf of Mexico deepwater natural gas projectDecember 5, 2022 | finance.yahoo.comEnergy Stock Builds Base While Trying To Change Power Market With Focus On Carbon-Free EnergyNovember 30, 2022 | seekingalpha.comNew Fortress Energy: A Promising PrognosisNovember 30, 2022 | seekingalpha.comNew Fortress: Valuation May Get Reset ShortlyNovember 22, 2022 | seekingalpha.comNew Fortress, Pemex finalize deal to complete Mexican offshore gas fieldNovember 22, 2022 | finance.yahoo.comNFE Finalizes Agreements with Pemex to Complete Lakach Offshore Gas Field, Deploy FLNG SolutionNovember 22, 2022 | finance.yahoo.comUPDATE 2-New Fortress finalizes deal to develop Lakach gas project in MexicoNovember 21, 2022 | finance.yahoo.comPemex sees deepwater Gulf natural gas project boosting outputNovember 17, 2022 | reuters.comNew Fortress to sign deal for Mexico's Lakach gas project next week -CFONovember 16, 2022 | seekingalpha.comNew Fortress Energy to sign deal for Mexican gas project next week, CFO saysNovember 16, 2022 | markets.businessinsider.com4 Analysts Have This to Say About New Fortress EnergyNovember 16, 2022 | finance.yahoo.comNew Fortress to sign agreement for Mexico's Lakach gas project soon -CFONovember 16, 2022 | finance.yahoo.comUPDATE 1-New Fortress to sign deal for Mexico's Lakach gas project next week -CFONovember 14, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights Archer Daniels Midland, Charles River Associates, Murphy USA, Merck and New Fortress EnergySee 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 Last Earnings11/08/2022Ex-Dividend for 12/20 Dividend12/06/2022Dividend Payable12/20/2022Ex-Dividend for 1/13 Dividend1/03/2023Dividend Payable1/13/2023Today1/27/2023Next Earnings (Estimated)2/27/2023Fiscal 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$61.50 High Stock Price Forecast$74.00 Low Stock Price Forecast$48.00 Forecasted Upside/Downside+63.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.33 Trailing P/E Ratio28.67 Forward P/E Ratio11.88 P/E GrowthN/ANet Income$97.10 million Net Margins11.38% Pretax Margin6.07% Return on Equity33.81% Return on Assets9.80% Debt Debt-to-Equity Ratio2.20 Current Ratio1.83 Quick Ratio1.72 Sales & Book Value Annual Sales$1.32 billion Price / Sales6.02 Cash Flow$1.30 per share Price / Cash Flow29.34 Book Value$9.64 per share Price / Book3.96Miscellaneous Outstanding Shares208,770,000Free Float130,064,000Market Cap$7.96 billion OptionableNot Optionable Beta1.66 Key ExecutivesWesley Robert EdensChairman & Chief Executive OfficerChristopher S. GuintaChief Financial OfficerYun Young ShinChief Accounting OfficerCameron D. MacDougallSecretaryKey CompetitorsUltrapar ParticipaçõesNYSE:UGPExcelerate EnergyNYSE:EEMatador ResourcesNYSE:MTDRPlains All American PipelineNYSE:PAADCP MidstreamNYSE:DCPView All CompetitorsInsiders & InstitutionsStrs OhioBought 2,035 shares on 1/26/2023Ownership: 0.006%Calamos Advisors LLCBought 10,192 shares on 1/26/2023Ownership: 0.005%Xponance Inc.Bought 742 shares on 1/24/2023Ownership: 0.003%Toth Financial Advisory CorpBought 850 shares on 1/24/2023Ownership: 0.001%Ullmann Wealth Partners Group LLCBought 2,235 shares on 1/19/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions NFE Stock - Frequently Asked Questions Should I buy or sell New Fortress Energy stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Fortress Energy in the last twelve months. There are currently 2 hold ratings and 6 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? 8 analysts have issued 1-year price objectives for New Fortress Energy's shares. Their NFE share price forecasts range from $49.00 to $74.00. On average, they anticipate the company's stock price to reach $62.50 in the next year. This suggests a possible upside of 67.2% 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 11.9% and is now trading at $37.37. 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 Monday, February 27th 2023. View our NFE earnings forecast. How were New Fortress Energy's earnings last quarter? New Fortress Energy Inc. (NASDAQ:NFE) released its quarterly earnings results on Tuesday, November, 8th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.99 by $0.58. The firm earned $731.93 million during the quarter, compared to analyst estimates of $741.10 million. New Fortress Energy had a net margin of 11.38% and a trailing twelve-month return on equity of 33.81%. How often does New Fortress Energy pay dividends? What is the dividend yield for New Fortress Energy? New Fortress Energy declared a Special dividend on Tuesday, December 13th. Stockholders of record on Wednesday, January 4th will be given a dividend of $3.00 per share on Friday, January 13th. This represents a yield of 24.55%. The ex-dividend date is Tuesday, January 3rd. This is a positive change from the stock's previous Special dividend of $0.10. Read our dividend analysis for NFE. Is New Fortress Energy a good dividend stock? New Fortress Energy (NASDAQ:NFE) pays an annual dividend of $12.00 per share and currently has a dividend yield of 32.23%. NFE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 902.26%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NFE will have a dividend payout ratio of 217.00% in the coming year. This indicates that the company may not be able to sustain their current 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 initial public offering (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 served 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 variety of institutional and retail investors. Top institutional shareholders include Maryland State Retirement & Pension System (0.01%), Ullmann Wealth Partners Group LLC (0.01%), Strs Ohio (0.01%), Calamos Advisors LLC (0.00%), Xponance Inc. (0.00%) and Patriot Financial Group Insurance Agency LLC (0.00%). 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 and Robert A Katz. 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 $37.37. How much money does New Fortress Energy make? New Fortress Energy (NASDAQ:NFE) has a market capitalization of $7.80 billion and generates $1.32 billion in revenue each year. The company earns $97.10 million in net income (profit) each year or $1.33 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 1/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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