Cheniere Energy (LNG) Expected to Announce Earnings on Thursday

Cheniere Energy (NYSE:LNG - Get Free Report) is expected to be posting its Q4 2024 quarterly earnings results 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. Individual interested in participating in the company's earnings conference call can do so using this link.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The company had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.44 billion. On average, analysts expect Cheniere Energy to post $13 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Cheniere Energy Stock Down 2.7 %

Cheniere Energy stock traded down $6.02 during midday trading on Friday, reaching $220.90. The company's stock had a trading volume of 2,487,404 shares, compared to its average volume of 2,424,408. The stock's 50-day simple moving average is $222.92 and its 200-day simple moving average is $203.27. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. Cheniere Energy has a 52-week low of $152.31 and a 52-week high of $257.65. The stock has a market capitalization of $49.56 billion, a P/E ratio of 14.11 and a beta of 0.98.

Cheniere Energy Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on LNG shares. Stifel Nicolaus raised their price objective on Cheniere Energy from $237.00 to $255.00 and gave the stock a "buy" rating in a research note on Friday. 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. 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. 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, Wells Fargo & Company raised their price objective on Cheniere Energy from $213.00 to $235.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 18th. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, Cheniere Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $235.75.

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.