Cheniere Energy, Inc. (NYSE:LNG) Given Average Rating of “Moderate Buy” by Brokerages

Cheniere Energy, Inc. (NYSE:LNG) has been given a consensus recommendation of “Moderate Buy” by the ten analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $198.00.

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of Cheniere Energy from $213.00 to $214.00 and gave the stock an “overweight” rating in a research note on Friday, May 17th. StockNews.com cut shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research report on Monday, April 8th. Redburn Atlantic started coverage on shares of Cheniere Energy in a research report on Tuesday, April 16th. They set a “neutral” rating and a $162.00 price target for the company. UBS Group dropped their price target on shares of Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a research report on Wednesday, April 24th. Finally, TD Cowen dropped their price target on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating for the company in a research report on Tuesday, February 27th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Mutual Advisors LLC grew its holdings in Cheniere Energy by 1.0% during the 3rd quarter. Mutual Advisors LLC now owns 6,224 shares of the energy company’s stock worth $1,033,000 after acquiring an additional 64 shares in the last quarter. Xcel Wealth Management LLC grew its holdings in Cheniere Energy by 3.4% during the 4th quarter. Xcel Wealth Management LLC now owns 1,961 shares of the energy company’s stock worth $335,000 after acquiring an additional 65 shares in the last quarter. Keene & Associates Inc. grew its holdings in Cheniere Energy by 3.8% during the 1st quarter. Keene & Associates Inc. now owns 1,798 shares of the energy company’s stock worth $290,000 after acquiring an additional 65 shares in the last quarter. Simon Quick Advisors LLC grew its holdings in Cheniere Energy by 3.1% during the 4th quarter. Simon Quick Advisors LLC now owns 2,182 shares of the energy company’s stock worth $373,000 after acquiring an additional 66 shares in the last quarter. Finally, E&G Advisors LP grew its holdings in Cheniere Energy by 5.2% during the 1st quarter. E&G Advisors LP now owns 1,420 shares of the energy company’s stock worth $229,000 after acquiring an additional 70 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Price Performance

Shares of LNG stock opened at $155.88 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 2.58. The stock’s 50-day moving average price is $158.00. Cheniere Energy has a 12 month low of $146.41 and a 12 month high of $183.46. The stock has a market capitalization of $35.68 billion, a P/E ratio of 7.59 and a beta of 0.95.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Friday, May 3rd. The energy company reported $2.13 EPS for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.17). Cheniere Energy had a return on equity of 48.19% and a net margin of 28.55%. The firm had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same period last year, the firm earned $6.89 earnings per share. Cheniere Energy’s revenue for the quarter was down 41.8% on a year-over-year basis. Sell-side analysts forecast that Cheniere Energy will post 8.42 EPS for the current year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 17th. Investors of record on Friday, May 10th were issued a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date was Thursday, May 9th. Cheniere Energy’s dividend payout ratio (DPR) is currently 8.48%.

About Cheniere Energy

Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.