Cheniere Energy, Inc. (NYSE:LNG) Receives $234.25 Average Price Target from Brokerages

Shares of Cheniere Energy, Inc. (NYSE:LNG - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the thirteen research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $234.25.

Several analysts have weighed in on LNG shares. Wells Fargo & Company boosted their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 18th. Scotiabank boosted their target price on Cheniere Energy from $242.00 to $247.00 and gave the company a "sector outperform" rating in a research note on Tuesday, January 21st. TD Cowen raised their price target on Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. Barclays boosted their price objective on Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. Finally, UBS Group raised their target price on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, November 15th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its stake in Cheniere Energy by 10.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company's stock worth $99,000 after purchasing an additional 43 shares during the period. Flagship Harbor Advisors LLC grew its position in shares of Cheniere Energy by 2.0% in the 4th quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company's stock worth $503,000 after buying an additional 46 shares during the period. BIP Wealth LLC increased its stake in shares of Cheniere Energy by 1.4% in the 4th quarter. BIP Wealth LLC now owns 3,545 shares of the energy company's stock worth $762,000 after acquiring an additional 50 shares in the last quarter. Glen Eagle Advisors LLC lifted its position in Cheniere Energy by 3.7% during the 4th quarter. Glen Eagle Advisors LLC now owns 1,488 shares of the energy company's stock valued at $320,000 after acquiring an additional 53 shares during the period. Finally, NDVR Inc. boosted its stake in Cheniere Energy by 4.8% during the fourth quarter. NDVR Inc. now owns 1,188 shares of the energy company's stock worth $255,000 after acquiring an additional 54 shares in the last quarter. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Trading Up 1.5 %

Shares of LNG traded up $3.14 during mid-day trading on Friday, reaching $218.79. The company's stock had a trading volume of 2,426,036 shares, compared to its average volume of 2,356,500. Cheniere Energy has a 52 week low of $152.31 and a 52 week high of $257.65. The stock has a market cap of $49.09 billion, a PE ratio of 13.97 and a beta of 0.98. The company's fifty day moving average price is $222.61 and its two-hundred day moving average price is $202.99. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be issued a $0.50 dividend. The ex-dividend date is Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.91%. Cheniere Energy's dividend payout ratio (DPR) is presently 12.77%.

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.