Excelerate Energy (EE) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Excelerate Energy in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EE shares.
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4 analysts have issued 1-year price targets for Excelerate Energy's stock. Their EE share price forecasts range from $29.00 to $33.00. On average, they expect the company's share price to reach $30.75 in the next twelve months. This suggests a possible upside of 65.7% from the stock's current price.
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Excelerate Energy's stock was trading at $25.05 at the start of the year. Since then, EE stock has decreased by 25.9% and is now trading at $18.56.
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Excelerate Energy saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 976,700 shares, a drop of 7.0% from the April 30th total of 1,050,000 shares. Based on an average daily volume of 215,800 shares, the days-to-cover ratio is currently 4.5 days. Approximately 3.8% of the company's shares are short sold.
View Excelerate Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our EE earnings forecast.

Excelerate Energy, Inc. (NYSE:EE) announced its quarterly earnings data on Monday, March, 27th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.12. The business earned $455.11 million during the quarter, compared to analysts' expectations of $206.11 million. Excelerate Energy had a trailing twelve-month return on equity of 2.76% and a net margin of 0.96%.

Excelerate Energy announced a quarterly dividend on Tuesday, May 9th. Shareholders of record on Wednesday, May 24th will be given a dividend of $0.025 per share on Thursday, June 8th. This represents a $0.10 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend is Tuesday, May 23rd.
Read our dividend analysis for EE.

ETFs with the largest weight of Excelerate Energy (NYSE:EE) stock in their portfolio include American Century Mid Cap Growth Impact (MID), Pacer American Energy Independence ETF (USAI), Matthews Emerging Markets ex China Active ETF (MEMX), Tortoise North American Pipeline Fund (TPYP) and Vanguard Energy ETF (VDE).Fidelity MSCI Energy Index ETF (FENY).

Excelerate Energy (NYSE:EE) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.50%. The dividend payout ratio is 12.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EE will have a dividend payout ratio of 9.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EE.

Based on aggregate information from My MarketBeat watchlists, some companies that other Excelerate Energy investors own include Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), AT&T (T), Verizon Communications (VZ), Walmart (WMT), AbbVie (ABBV), Gilead Sciences (GILD), Altria Group (MO), Wells Fargo & Company (WFC) and Dominion Energy (D).

(EE) raised $360 million in an initial public offering on Wednesday, April 13th 2022. The company issued 16,000,000 shares at a price of $21.00-$24.00 per share.

Excelerate Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "EE."

Excelerate Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ranger Investment Management L.P. (1.49%), BlackRock Inc. (1.26%), American Century Companies Inc. (0.99%), Emerald Advisers LLC (0.64%), SIR Capital Management L.P. (0.62%) and Tortoise Capital Advisors L.L.C. (0.56%).
View institutional ownership trends.

Shares of EE 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.
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One share of EE stock can currently be purchased for approximately $18.56.

Excelerate Energy (NYSE:EE) has a market capitalization of $2.01 billion and generates $2.47 billion in revenue each year. The company earns $26.27 million in net income (profit) each year or $0.77 on an earnings per share basis.

Excelerate Energy's mailing address is 2445 TECHNOLOGY FOREST BLVD. LEVEL 6, THE WOODLANDS TX, 77381. The official website for the company is www.excelerateenergy.com. The company can be reached via phone at 832-813-7100 or via email at craig.hicks@excelerateenergy.com.