Northland Capmk Issues Positive Estimate for EE Earnings

Excelerate Energy, Inc. (NYSE:EE - Free Report) - Equities research analysts at Northland Capmk raised their Q1 2025 EPS estimates for Excelerate Energy in a report issued on Monday, April 21st. Northland Capmk analyst B. Brooks now expects that the company will earn $0.37 per share for the quarter, up from their prior forecast of $0.36. The consensus estimate for Excelerate Energy's current full-year earnings is $1.16 per share.

Other equities research analysts have also recently issued reports about the company. Morgan Stanley reiterated an "underweight" rating and issued a $29.00 price target (up from $25.00) on shares of Excelerate Energy in a research note on Friday, January 31st. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $31.00 price objective (up from $22.00) on shares of Excelerate Energy in a research report on Tuesday, January 7th. Wells Fargo & Company reissued an "underweight" rating on shares of Excelerate Energy in a research report on Friday, March 28th. Stephens reaffirmed an "overweight" rating and issued a $36.00 price target on shares of Excelerate Energy in a report on Monday, March 3rd. Finally, Barclays boosted their price objective on shares of Excelerate Energy from $31.00 to $32.00 and gave the company an "overweight" rating in a report on Friday, February 28th. Three analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat.com, Excelerate Energy has a consensus rating of "Hold" and a consensus target price of $31.17.

Excelerate Energy Stock Performance

Shares of EE stock opened at $25.85 on Wednesday. The company has a current ratio of 4.12, a quick ratio of 4.12 and a debt-to-equity ratio of 0.34. The company has a market cap of $2.74 billion, a PE ratio of 26.11, a PEG ratio of 5.82 and a beta of 1.37. Excelerate Energy has a 12-month low of $16.39 and a 12-month high of $32.99. The business's fifty day simple moving average is $27.98 and its 200-day simple moving average is $28.36.

Institutional Trading of Excelerate Energy

Several large investors have recently made changes to their positions in EE. Intech Investment Management LLC purchased a new position in shares of Excelerate Energy during the fourth quarter worth $220,000. JPMorgan Chase & Co. lifted its holdings in shares of Excelerate Energy by 34.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 50,046 shares of the company's stock valued at $1,102,000 after buying an additional 12,802 shares during the period. Ritholtz Wealth Management acquired a new stake in Excelerate Energy during the fourth quarter worth about $580,000. Principal Financial Group Inc. purchased a new position in Excelerate Energy during the fourth quarter valued at approximately $283,000. Finally, Proficio Capital Partners LLC purchased a new position in Excelerate Energy during the fourth quarter valued at approximately $403,000. 21.79% of the stock is owned by hedge funds and other institutional investors.

Excelerate Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 12th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date was Wednesday, March 12th. Excelerate Energy's dividend payout ratio is presently 19.20%.

About Excelerate Energy

Excelerate Energy, Inc provides flexible liquefied natural gas (LNG) solutions worldwide. The company offers regasification services, including floating storage and regasification units (FSRUs), infrastructure development, and LNG and natural gas supply, procurement, and distribution services; LNG terminal services; and natural gas supply to-power projects.

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