NASDAQ:NFE New Fortress Energy (NFE) Stock Price, News & Analysis $19.94 -0.42 (-2.06%) (As of 07/5/2024 08:53 PM ET) Add Compare Share Share Today's Range$19.40▼$20.3450-Day Range$19.94▼$28.8652-Week Range$19.40▼$40.04Volume2.47 million shsAverage Volume1.60 million shsMarket Capitalization$4.09 billionP/E Ratio9.06Dividend Yield2.01%Price Target$39.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get New Fortress Energy alerts: Email Address New Fortress Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside96.4% Upside$39.17 Price TargetShort InterestBearish15.26% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.85Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth70.85%From $1.99 to $3.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.57 out of 5 starsOils/Energy Sector81st out of 228 stocksNatural Gas Distribution Industry6th out of 12 stocks 3.3 Analyst's Opinion Consensus RatingNew Fortress Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 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. Previous Next 0.0 Short Interest Percentage of Shares Shorted15.26% 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 10, which indicates bearish sentiment.Change versus previous monthShort interest in New Fortress Energy has recently increased by 18.86%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldNew Fortress Energy pays a meaningful dividend of 2.01%, 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 18.18%. 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 11.76% 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NFE. Previous Next 2.1 News and Social Media Coverage News SentimentNew Fortress Energy has a news sentiment score of 0.85. 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 4 news articles for New Fortress Energy this week, compared to 4 articles on an average week.Search InterestOnly 27 people have searched for NFE on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows11 people have added New Fortress Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 57% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Fortress Energy insiders have not sold or bought any 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for New Fortress Energy are expected to grow by 70.85% in the coming year, from $1.99 to $3.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Fortress Energy is 9.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.93.Price to Earnings Ratio vs. SectorThe P/E ratio of New Fortress Energy is 9.06, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.82.Price to Book Value per Share RatioNew Fortress Energy has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about New Fortress Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBiden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on August 19.See his shocking evidence in this new report About New Fortress Energy Stock (NASDAQ:NFE)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. 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 NFE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NFE Stock News HeadlinesJuly 4, 2024 | americanbankingnews.comNew Fortress Energy (NASDAQ:NFE) Sets New 52-Week Low at $19.96June 28, 2024 | americanbankingnews.comNew Fortress Energy (NASDAQ:NFE) Sets New 1-Year Low at $20.51July 8, 2024 | Porter & Company (Ad)Kiss of death from Joe BidenI did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but Biden does not care.June 28, 2024 | americanbankingnews.comNew Fortress Energy Inc. (NASDAQ:NFE) Receives Consensus Rating of "Moderate Buy" from AnalystsMay 27, 2024 | msn.comThe Week’s Investing News Roundup: Amazon, Dividend Stocks, and MoreMay 22, 2024 | investorplace.com3 Hydrogen Stocks Brimming With Potential in May 2024May 21, 2024 | markets.businessinsider.com3 Hydrogen Stocks Brimming With Potential in May 2024May 15, 2024 | msn.comCEPU and NFE are among utility moversJuly 8, 2024 | Porter & Company (Ad)Kiss of death from Joe BidenI did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but Biden does not care.May 15, 2024 | investorplace.comMay's Markdowns: 7 Bargain Stocks the Street OverlookedMay 9, 2024 | finance.yahoo.comNew Fortress Energy First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 9, 2024 | finance.yahoo.comNew Fortress Energy Inc (NFE) (Q1 2024) Earnings Call Transcript Highlights: Strategic ...May 8, 2024 | finance.yahoo.comUPDATE 1-New Fortress delays start of Mexico's first LNG plant to MayMay 8, 2024 | investorplace.comNFE Stock Earnings: New Fortress Energy Misses EPS, Misses Revenue for Q1 2024May 8, 2024 | markets.businessinsider.comNew Fortress Energy Inc Q1 Profit Drops, Inline With EstimatesMay 8, 2024 | finance.yahoo.comNew Fortress Energy Inc. (NFE) Q1 2024 Earnings: Aligns with EPS Projections, Surpasses Revenue ...May 8, 2024 | businesswire.comNew Fortress Energy Announces First Quarter 2024 ResultsMay 7, 2024 | 247wallst.comFor $10,000 in Passive Income, Invest $7,500 in These 12 Dividend StocksSee More Headlines 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 Company Calendar Last Earnings5/08/2024Ex-Dividend for 6/27 Dividend6/14/2024Dividend Payable6/27/2024Today7/07/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Natural gas distribution Sub-IndustryN/A Current SymbolNASDAQ:NFE CUSIPN/A CIK1749723 Webwww.newfortressenergy.com Phone(516) 268-7400FaxN/AEmployees677Year FoundedN/APrice Target and Rating Average Stock Price Target$39.17 High Stock Price Target$45.00 Low Stock Price Target$27.00 Potential Upside/Downside+96.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.20 Trailing P/E Ratio9.06 Forward P/E Ratio10.02 P/E GrowthN/ANet Income$547.88 million Net Margins17.90% Pretax Margin22.27% Return on Equity31.34% Return on Assets5.21% Debt Debt-to-Equity Ratio3.74 Current Ratio0.66 Quick Ratio0.54 Sales & Book Value Annual Sales$2.41 billion Price / Sales1.69 Cash Flow$3.71 per share Price / Cash Flow5.37 Book Value$8.67 per share Price / Book2.30Miscellaneous Outstanding Shares205,060,000Free Float128,985,000Market Cap$4.09 billion OptionableOptionable Beta1.49 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Wesley Robert Edens (Age 62)Founder, Chairman & CEO Mr. Christopher S. Guinta (Age 41)Chief Financial Officer Comp: $2MMs. Yunyoung Shin (Age 46)Chief Accounting Officer Comp: $1.1MMr. Brett MagillHead of Investor Relations & MDJake SuskiManaging Director of Public AffairsMr. Brannen McElmurrayMD & Chief Development OfficerMr. Sam AbdallaHead of Distributed Generation Projects & VP of Project DevelopmentMr. Cameron D. MacDougall Esq. (Age 48)Secretary Mr. Joshua KaneVice President of Investor RelationsMr. Patrick Thomas HughesExecutive OfficerMore ExecutivesKey CompetitorsSouth Jersey IndustriesNYSE:SJINational Fuel GasNYSE:NFGUltrapar ParticipaçõesNYSE:UGPNew Jersey ResourcesNYSE:NJRONE GasNYSE:OGSView All CompetitorsInstitutional OwnershipVirtu Financial LLCBought 33,852 shares on 5/20/2024Ownership: 0.017%Walleye Trading LLCBought 154,400 shares on 5/17/2024Ownership: 0.000%Comerica BankBought 25,982 shares on 5/17/2024Ownership: 0.013%Tidal Investments LLCBought 1,009 shares on 5/17/2024Ownership: 0.005%California State Teachers Retirement SystemSold 3,391 shares on 5/16/2024Ownership: 0.030%View All Institutional Transactions 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 beginning of the year. Since then, NFE shares have decreased by 47.2% and is now trading at $19.94. View the best growth stocks for 2024 here. How were New Fortress Energy's earnings last quarter? New Fortress Energy Inc. (NASDAQ:NFE) announced its earnings results on Wednesday, May, 8th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The firm's quarterly revenue was up 19.2% compared to the same quarter last year. What is Wesley Edens' approval rating as New Fortress Energy's CEO? 2 employees have rated New Fortress Energy Chief Executive Officer Wesley Edens on Glassdoor.com. Wesley Edens has an approval rating of 100% among the company's employees. This puts Wesley Edens in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. When did New Fortress Energy IPO? New Fortress Energy (NFE) raised $300 million in an 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. 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 Coty (COTY), Designer Brands (DBI), Energy Transfer (ET), Kohl's (KSS), Pfizer (PFE), AT&T (T) and Tapestry (TPR). This page (NASDAQ:NFE) was last updated on 7/8/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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