Capital One Financial Predicts NFE FY2025 Earnings

New Fortress Energy Inc. (NASDAQ:NFE - Free Report) - Equities researchers at Capital One Financial decreased their FY2025 earnings estimates for New Fortress Energy in a report released on Wednesday, March 12th. Capital One Financial analyst W. Suki now expects that the company will earn $0.31 per share for the year, down from their prior forecast of $0.89. The consensus estimate for New Fortress Energy's current full-year earnings is $0.36 per share. Capital One Financial also issued estimates for New Fortress Energy's FY2026 earnings at $0.23 EPS.

Several other research analysts have also recently weighed in on the stock. Morgan Stanley lowered their price target on shares of New Fortress Energy from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 4th. Deutsche Bank Aktiengesellschaft set a $8.00 price target on shares of New Fortress Energy in a research report on Wednesday, March 12th. Finally, Stifel Nicolaus lowered their price target on shares of New Fortress Energy from $23.00 to $19.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $15.00.

New Fortress Energy Price Performance

Shares of New Fortress Energy stock traded down $0.14 during trading hours on Friday, reaching $9.85. 3,981,122 shares of the company's stock were exchanged, compared to its average volume of 3,997,429. The business has a fifty day moving average of $12.62 and a two-hundred day moving average of $11.39. The company has a quick ratio of 0.35, a current ratio of 0.38 and a debt-to-equity ratio of 4.06. The company has a market capitalization of $2.69 billion, a P/E ratio of 10.82 and a beta of 1.58. New Fortress Energy has a 1 year low of $7.58 and a 1 year high of $31.89.

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New Fortress Energy (NASDAQ:NFE - Get Free Report) last released its earnings results on Monday, March 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.07. New Fortress Energy had a net margin of 7.84% and a return on equity of 15.60%. The business had revenue of $679.00 million during the quarter, compared to analyst estimates of $613.24 million.

Institutional Trading of New Fortress Energy

Institutional investors and hedge funds have recently bought and sold shares of the business. Allworth Financial LP increased its stake in New Fortress Energy by 2,156.0% during the fourth quarter. Allworth Financial LP now owns 2,053 shares of the company's stock worth $32,000 after purchasing an additional 1,962 shares during the period. KBC Group NV increased its stake in New Fortress Energy by 116.9% during the third quarter. KBC Group NV now owns 3,436 shares of the company's stock worth $31,000 after purchasing an additional 1,852 shares during the period. US Bancorp DE increased its stake in New Fortress Energy by 344.6% during the third quarter. US Bancorp DE now owns 3,570 shares of the company's stock worth $32,000 after purchasing an additional 2,767 shares during the period. GAMMA Investing LLC increased its stake in New Fortress Energy by 148.5% during the fourth quarter. GAMMA Investing LLC now owns 3,966 shares of the company's stock worth $60,000 after purchasing an additional 2,370 shares during the period. Finally, Quarry LP purchased a new stake in New Fortress Energy during the fourth quarter worth about $64,000. 58.61% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at New Fortress Energy

In other New Fortress Energy news, CFO Christopher S. Guinta purchased 5,000 shares of the business's stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $8.57 per share, for a total transaction of $42,850.00. Following the completion of the purchase, the chief financial officer now directly owns 206,653 shares of the company's stock, valued at approximately $1,771,016.21. This trade represents a 2.48 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 37.10% of the stock is currently owned by corporate insiders.

New Fortress Energy Company Profile

New Fortress Energy Inc operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation.