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) posted 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 company earned $39.77 million during the quarter, compared to the consensus estimate 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 equities research analysts have issued 1-year price objectives for New Fortress Energy's stock. Their predictions range from $15.00 to $27.00. On average, they anticipate New Fortress Energy's share price to reach $20.8571 in the next year. This suggests a possible upside of 9.8% 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.

News coverage about NFE stock has been trending somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. New Fortress Energy earned a news impact score of -1.3 on InfoTrie's scale. They also gave 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 immediate future. View News Stories for New Fortress Energy.

New Fortress Energy saw a increase in short interest in August. As of August 15th, there was short interest totalling 698,100 shares, an increase of 24.9% from the July 15th total of 559,100 shares. Based on an average daily volume of 118,000 shares, the short-interest ratio is currently 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 NIO (NIO), American Airlines Group (AAL), Activision Blizzard (ATVI), Electronic Arts (EA), Electronic Arts (EA), Novavax (NVAX), Tesla (TSLA), Caterpillar (CAT), Bloomin' Brands (BLMN) and Crowdstrike (CRWD).

(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 IPO 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 retail and institutional investors. Top institutional investors 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, Robinhood, Fidelity and Charles Schwab.

One share of NFE stock can currently be purchased for approximately $19.00.

New Fortress Energy has a market capitalization of $3.19 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]