Excelerate Energy (EE) Stock Forecast, Price & News

4 Wall Street equities 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 equities research analysts is that investors should "moderate buy" EE shares.
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4 brokers have issued 1-year target prices for Excelerate Energy's shares. Their EE share price forecasts range from $26.00 to $33.00. On average, they predict the company's stock price to reach $28.83 in the next year. This suggests a possible upside of 61.1% from the stock's current price.
View analysts price targets for EE or view top-rated stocks among Wall Street analysts.

Excelerate Energy's stock was trading at $25.05 on January 1st, 2023. Since then, EE shares have decreased by 28.6% and is now trading at $17.8950.
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Excelerate Energy saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 770,500 shares, an increase of 7.6% from the July 31st total of 716,200 shares. Based on an average daily trading volume, of 161,300 shares, the days-to-cover ratio is presently 4.8 days. Approximately 3.0% of the company's stock are short sold.
View Excelerate Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our EE earnings forecast.

Excelerate Energy, Inc. (NYSE:EE) posted its earnings results on Wednesday, August, 9th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.08. The company earned $432.37 million during the quarter, compared to the consensus estimate of $255.68 million. Excelerate Energy had a net margin of 1.48% and a trailing twelve-month return on equity of 1.86%.

Excelerate Energy declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Wednesday, August 23rd will be paid a dividend of $0.025 per share on Thursday, September 7th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend is Tuesday, August 22nd.
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) and Pacer American Energy Independence ETF (USAI).Tortoise North American Pipeline Fund (TPYP).

Excelerate Energy (NYSE:EE) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.57%. The dividend payout ratio is 9.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EE will have a dividend payout ratio of 9.62% 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 variety of retail and institutional investors. Top institutional investors include Ranger Investment Management L.P. (1.53%), BlackRock Inc. (1.26%), Van ECK Associates Corp (0.47%), Nuveen Asset Management LLC (0.44%), State Street Corp (0.32%) and Geode Capital Management LLC (0.32%).
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 $17.90.

Excelerate Energy (NYSE:EE) has a market capitalization of $1.94 billion and generates $2.47 billion in revenue each year. The company earns $26.27 million in net income (profit) each year or $1.08 on an earnings per share basis.

The company employs 890 workers across the globe.

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.