Cheniere Energy’s (LNG) “Outperform” Rating Reiterated at Sanford C. Bernstein

Sanford C. Bernstein reaffirmed their outperform rating on shares of Cheniere Energy (NYSE:LNG – Free Report) in a research note issued to investors on Friday,Benzinga reports. They currently have a $283.00 price target on the energy company’s stock.

LNG has been the topic of a number of other reports. Argus set a $330.00 price target on shares of Cheniere Energy in a research report on Tuesday, August 18th. UBS Group reissued a “buy” rating on shares of Cheniere Energy in a research note on Tuesday, September 1st. Weiss Ratings upgraded shares of Cheniere Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $336.00 price objective on shares of Cheniere Energy in a research note on Saturday, October 10th. Finally, Scotiabank set a $311.00 price objective on shares of Cheniere Energy in a research note on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $310.65.

View Our Latest Research Report on LNG

Cheniere Energy Trading Up 0.0%

NYSE LNG opened at $298.80 on Friday. The stock’s 50-day simple moving average is $278.86 and its two-hundred day simple moving average is $260.89. Cheniere Energy has a twelve month low of $186.20 and a twelve month high of $300.89. The company has a quick ratio of 0.72, a current ratio of 0.87 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $61.71 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 1.19 and a beta of 0.06.

Cheniere Energy (NYSE:LNG – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.11 by ($0.09). The firm had revenue of $5.73 billion for the quarter, compared to the consensus estimate of $4.92 billion. Cheniere Energy had a return on equity of 29.80% and a net margin of 13.57%. The company’s revenue for the quarter was up 23.5% on a year-over-year basis. During the same period last year, the firm earned $7.30 EPS. Research analysts forecast that Cheniere Energy will post 16.75 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 18th. Investors of record on Monday, August 10th were issued a dividend of $0.5550 per share. The ex-dividend date was Monday, August 10th. This represents a $2.22 annualized dividend and a yield of 0.7%. Cheniere Energy’s dividend payout ratio is currently 16.53%.

Hedge Funds Weigh In On Cheniere Energy

Institutional investors and hedge funds have recently bought and sold shares of the stock. Financial Life Planners purchased a new stake in shares of Cheniere Energy during the first quarter valued at approximately $26,000. Community Financial Services Group LLC bought a new position in shares of Cheniere Energy in the second quarter worth approximately $29,000. Eastern Bank grew its holdings in shares of Cheniere Energy by 130.0% in the third quarter. Eastern Bank now owns 115 shares of the energy company’s stock worth $31,000 after purchasing an additional 65 shares during the last quarter. Washington Trust Advisors Inc. grew its holdings in shares of Cheniere Energy by 510.5% in the third quarter. Washington Trust Advisors Inc. now owns 116 shares of the energy company’s stock worth $31,000 after purchasing an additional 97 shares during the last quarter. Finally, Transamerica Financial Advisors LLC increased its stake in shares of Cheniere Energy by 91.3% in the second quarter. Transamerica Financial Advisors LLC now owns 132 shares of the energy company’s stock worth $32,000 after buying an additional 63 shares during the period. 87.26% of the stock is currently owned by institutional investors.

Key Cheniere Energy News

Here are the key news stories impacting Cheniere Energy this week:

  • Positive Sentiment: Large QatarEnergy contract strengthens long-term visibility: Cheniere agreed to supply QatarEnergy with 4 million metric tons of LNG annually through 2054—2 million tons each from its Sabine Pass and Corpus Christi facilities. The decades-long, take-or-pay-style demand commitment could support stable cash flows and reduce marketing risk. Cheniere Energy Boosts LNG Contract Backlog With QatarEnergy Deal
  • Positive Sentiment: Potential support for Sabine Pass expansion: The agreement helps underpin Cheniere’s planned capacity expansion, potentially improving utilization and creating additional long-term earnings and cash-flow opportunities. QatarEnergy is seeking U.S. LNG as geopolitical disruptions affect Middle Eastern supply routes. Cheniere signs LNG supply deals with QatarEnergy through 2054
  • Positive Sentiment: One analyst raised its valuation: JPMorgan increased its price target from $334 to $344 and maintained an “overweight” rating, indicating confidence in Cheniere’s contracted growth outlook.
  • Positive Sentiment: Related partnership continues returning cash: Cheniere Energy Partners, L.P. declared a quarterly cash distribution of $0.890 per common unit, highlighting ongoing cash generation from the associated LNG infrastructure. This distribution is made by the partnership rather than directly by Cheniere Energy.
  • Neutral Sentiment: Earnings expectations are favorable but unconfirmed: Analysts expect Cheniere to potentially exceed estimates in its upcoming report, though this is based on consensus indicators rather than reported results.
  • Negative Sentiment: Valuation and analyst views are mixed: Bernstein reaffirmed an “outperform” rating but set a $283 price target, below the current trading level. Investors may also weigh execution, financing, and construction risks associated with expansion projects.

Cheniere Energy Company Profile

(Get Free Report)

Cheniere Energy, Inc is an energy infrastructure company engaged primarily in the production and export of liquefied natural gas (LNG). The company purchases natural gas, processes it through liquefaction facilities, and delivers LNG to customers in international energy markets. Its operations also include natural gas procurement, transportation, storage, and LNG marketing.

Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility near Corpus Christi, Texas.

Further Reading

Analyst Recommendations for Cheniere Energy (NYSE:LNG)

Receive News & Ratings for Cheniere Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy and related companies with MarketBeat.com's FREE daily email newsletter.