Cheniere Energy, Inc. (NYSE:LNG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Cheniere Energy, Inc. (NYSE:LNG) has earned an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $193.90.

A number of equities analysts have recently issued reports on LNG shares. Redburn Atlantic started coverage on Cheniere Energy in a research report on Tuesday, April 16th. They set a “neutral” rating and a $162.00 price objective for the company. TD Cowen lowered their price objective on Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating for the company in a research report on Tuesday, February 27th. UBS Group lowered their price objective on Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a research report on Wednesday, April 24th. Barclays raised their price objective on Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 17th. Finally, StockNews.com downgraded Cheniere Energy from a “buy” rating to a “hold” rating in a research report on Monday, April 8th.

Cheniere Energy Trading Down 0.1 %

Cheniere Energy stock opened at $159.14 on Monday. The company has a quick ratio of 1.51, a current ratio of 1.63 and a debt-to-equity ratio of 2.59. The company has a market capitalization of $36.71 billion, a P/E ratio of 3.93 and a beta of 0.94. Cheniere Energy has a 12 month low of $135.30 and a 12 month high of $183.46. The company has a 50-day moving average price of $157.96.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, February 22nd. The energy company reported $5.76 EPS for the quarter, beating the consensus estimate of $2.70 by $3.06. The firm had revenue of $4.82 billion during the quarter, compared to the consensus estimate of $4.37 billion. Cheniere Energy had a return on equity of 69.52% and a net margin of 48.45%. The business’s quarterly revenue was down 46.9% on a year-over-year basis. During the same period last year, the company earned $15.78 earnings per share. As a group, analysts predict that Cheniere Energy will post 8.39 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Friday, May 10th will be paid a dividend of $0.435 per share. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $1.74 annualized dividend and a yield of 1.09%. Cheniere Energy’s dividend payout ratio is currently 4.30%.

Institutional Investors Weigh In On Cheniere Energy

A number of hedge funds have recently added to or reduced their stakes in LNG. Dynamic Advisor Solutions LLC acquired a new stake in Cheniere Energy in the third quarter valued at approximately $257,000. CWM LLC grew its stake in Cheniere Energy by 13.4% in the third quarter. CWM LLC now owns 3,649 shares of the energy company’s stock valued at $606,000 after acquiring an additional 432 shares during the period. Geneos Wealth Management Inc. grew its stake in Cheniere Energy by 48.1% in the third quarter. Geneos Wealth Management Inc. now owns 274 shares of the energy company’s stock valued at $45,000 after acquiring an additional 89 shares during the period. AdvisorNet Financial Inc grew its stake in Cheniere Energy by 7.7% in the third quarter. AdvisorNet Financial Inc now owns 1,077 shares of the energy company’s stock valued at $179,000 after acquiring an additional 77 shares during the period. Finally, Venture Visionary Partners LLC acquired a new stake in Cheniere Energy in the third quarter valued at approximately $269,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Company Profile

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.