Cheniere Energy (LNG) to Release Quarterly Earnings on Thursday

Cheniere Energy (NYSE:LNG - Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, February 20th. Analysts expect Cheniere Energy to post earnings of $2.74 per share and revenue of $4.44 billion for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Cheniere Energy Stock Performance

Shares of NYSE LNG traded up $3.38 during trading hours on Friday, reaching $213.37. 2,742,624 shares of the stock were exchanged, compared to its average volume of 2,373,371. The firm has a market capitalization of $47.87 billion, a price-to-earnings ratio of 13.62 and a beta of 0.98. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy has a 52 week low of $152.31 and a 52 week high of $257.65. The stock's fifty day simple moving average is $222.58 and its 200 day simple moving average is $202.34.

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 paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.94%. Cheniere Energy's dividend payout ratio (DPR) is presently 12.77%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on LNG. Scotiabank raised their price objective on Cheniere Energy from $242.00 to $247.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, January 21st. The Goldman Sachs Group raised their price objective on Cheniere Energy from $234.00 to $261.00 and gave the stock a "buy" rating in a research note on Thursday, December 19th. Morgan Stanley raised their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. UBS Group raised their price objective on Cheniere Energy from $232.00 to $265.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. Finally, TD Cowen raised their price objective on Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $234.25.

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.