NASDAQ:NFE New Fortress Energy (NFE) Stock Price, News & Analysis $14.49 -0.07 (-0.48%) (As of 12/24/2024 05:19 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About New Fortress Energy Stock (NASDAQ:NFE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get New Fortress Energy alerts:Sign Up Key Stats Today's Range$14.09▼$14.7950-Day Range$8.00▼$14.5652-Week Range$7.82▼$39.26Volume3.52 million shsAverage Volume3.25 million shsMarket Capitalization$3.64 billionP/E Ratio15.92Dividend Yield1.38%Price Target$15.40Consensus RatingHold Company OverviewNew 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. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.Read More… New Fortress Energy Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks30th Percentile Overall ScoreNFE MarketRank™: New Fortress Energy scored higher than 30% of companies evaluated by MarketBeat, and ranked 219th out of 274 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.2 / 5Analyst RatingHold Consensus RatingNew Fortress Energy has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageNew Fortress Energy has only been the subject of 3 research reports in the past 90 days.Read more about New Fortress Energy's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings Growth-31.11% Earnings GrowthEarnings for New Fortress Energy are expected to decrease by -31.11% in the coming year, from $0.45 to $0.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Fortress Energy is 15.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.12.Price to Earnings Ratio vs. SectorThe P/E ratio of New Fortress Energy is 15.92, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.54.Price to Book Value per Share RatioNew Fortress Energy has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted23.37% of the float of New Fortress Energy has been sold short.Short Interest Ratio / Days to CoverNew Fortress Energy has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in New Fortress Energy has recently increased by 5.19%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldNew Fortress Energy pays a meaningful dividend of 1.67%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNew Fortress Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of New Fortress Energy is 21.98%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, New Fortress Energy will have a dividend payout ratio of 64.52% next year. This indicates that New Fortress Energy will be able to sustain or increase its dividend.Read more about New Fortress Energy's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted23.37% of the float of New Fortress Energy has been sold short.Short Interest Ratio / Days to CoverNew Fortress Energy has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in New Fortress Energy has recently increased by 5.19%, indicating that investor sentiment is decreasing significantly. News and Social Media2.6 / 5News Sentiment0.67 News SentimentNew Fortress Energy has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for New Fortress Energy this week, compared to 9 articles on an average week.Search Interest42 people have searched for NFE on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added New Fortress Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Company Ownership4.2 / 5Insider TradingAcquiring Shares Insider Buying vs. Insider SellingIn the past three months, New Fortress Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $49,999,993.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders37.10% of the stock of New Fortress Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.61% of the stock of New Fortress Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about New Fortress Energy's insider trading history. Receive NFE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Fortress Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address NFE Stock News HeadlinesNew Fortress Energy (NASDAQ:NFE) Shares Gap Up After Analyst UpgradeDecember 25 at 1:06 AM | americanbankingnews.comStifel Nicolaus Issues Positive Forecast for New Fortress Energy (NASDAQ:NFE) Stock PriceDecember 24 at 2:01 AM | americanbankingnews.com70%, 80%, 90% Win Rates? Grab Your Free Cheatsheets Today!Would you like to know the historic win rate of every trade you take before you place it? Well, it’s all possible with these FIVE Candlestick Pattern Cheatsheets.December 25, 2024 | WealthPress (Ad)New Fortress Energy price target raised to $17 from $16 at StifelDecember 23 at 10:13 PM | markets.businessinsider.comNew Fortress Energy stock surges on Puerto Rico plant deal reportDecember 23 at 12:10 PM | in.investing.comAnalysts Issue Forecasts for NFE FY2024 EarningsDecember 21, 2024 | americanbankingnews.comNew Fortress Energy Inc. (NFE): A Bull Case TheoryDecember 15, 2024 | insidermonkey.comNew Fortress Energy executes 10 year charter for Energos Eskimo, no termsDecember 11, 2024 | markets.businessinsider.comSee More Headlines NFE Stock Analysis - Frequently Asked Questions How have NFE shares performed this year? New Fortress Energy's stock was trading at $37.73 at the start of the year. Since then, NFE shares have decreased by 61.6% and is now trading at $14.49. View the best growth stocks for 2024 here. How were New Fortress Energy's earnings last quarter? New Fortress Energy Inc. (NASDAQ:NFE) posted its quarterly earnings results on Friday, August, 9th. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of $0.09 by $0.50. New Fortress Energy's revenue was down 23.7% compared to the same quarter last year. When did New Fortress Energy IPO? New Fortress Energy (NFE) raised $300 million in an initial public offering (IPO) on Thursday, January 31st 2019. The company issued 20,000,000 shares at $15.00 per share. Morgan Stanley, Barclays, Citigroup and Credit Suisse acted as the underwriters for the IPO and Evercore ISI, Allen & Company, JMP Securities and Stifel were co-managers. Who are New Fortress Energy's major shareholders? New Fortress Energy's top institutional investors include Primecap Management Co. CA (5.62%), Maple Rock Capital Partners Inc., M&G PLC (1.23%) and HITE Hedge Asset Management LLC (0.91%). Insiders that own company stock include Wesley R Edens, Nfe Smrs Holdings Llc, Energy Transition Holdings Llc, Katherine Wanner, Timothy W Jay and Desmond Iain Catterall. View institutional ownership trends. How do I buy shares of New Fortress Energy? Shares of NFE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of New Fortress Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that New Fortress Energy investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Exxon Mobil (XOM). Company Calendar Last Earnings8/09/2024Ex-Dividend for 9/27 Dividend9/13/2024Dividend Payable9/27/2024Today12/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Natural gas distribution Sub-IndustryUtilities Current SymbolNASDAQ:NFE CUSIPN/A CIK1749723 Webwww.newfortressenergy.com Phone(516) 268-7400FaxN/AEmployees670Year FoundedN/APrice Target and Rating Average Stock Price Target$15.40 High Stock Price Target$19.00 Low Stock Price Target$11.00 Potential Upside/Downside+6.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.91 Trailing P/E Ratio15.92 Forward P/E Ratio32.20 P/E GrowthN/ANet Income$547.88 million Net Margins7.84% Pretax Margin11.05% Return on Equity15.60% Return on Assets2.42% Debt Debt-to-Equity Ratio4.06 Current Ratio0.38 Quick Ratio0.35 Sales & Book Value Annual Sales$2.44 billion Price / Sales1.49 Cash Flow$4.20 per share Price / Cash Flow3.45 Book Value$8.67 per share Price / Book1.67Miscellaneous Outstanding Shares251,419,000Free Float158,143,000Market Cap$3.64 billion OptionableOptionable Beta1.60 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report This page (NASDAQ:NFE) was last updated on 12/25/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. 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