Cheniere Energy, Inc. (NYSE:LNG) Receives $192.56 Average Target Price from Analysts

Cheniere Energy, Inc. (NYSE:LNG) has been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $193.90.

Several equities research analysts have recently issued reports on the stock. UBS Group lowered their price objective on shares of Cheniere Energy from $223.00 to $206.00 and set a “buy” rating on the stock in a research note on Wednesday, April 24th. Redburn Atlantic assumed coverage on shares of Cheniere Energy in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $162.00 price objective on the stock. StockNews.com downgraded shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. Barclays lifted their price target on shares of Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 17th. Finally, TD Cowen decreased their price target on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 27th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Maple Brown Abbott Ltd raised its holdings in shares of Cheniere Energy by 8.0% in the first quarter. Maple Brown Abbott Ltd now owns 301,100 shares of the energy company’s stock valued at $48,561,000 after buying an additional 22,180 shares during the last quarter. BayBridge Capital Group LLC raised its holdings in shares of Cheniere Energy by 7.6% in the first quarter. BayBridge Capital Group LLC now owns 6,392 shares of the energy company’s stock valued at $1,026,000 after buying an additional 454 shares during the last quarter. Prairiewood Capital LLC bought a new position in shares of Cheniere Energy in the first quarter valued at about $219,000. Yousif Capital Management LLC raised its holdings in shares of Cheniere Energy by 6.9% in the first quarter. Yousif Capital Management LLC now owns 3,690 shares of the energy company’s stock valued at $595,000 after buying an additional 238 shares during the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in shares of Cheniere Energy by 2.9% in the first quarter. Chicago Partners Investment Group LLC now owns 25,424 shares of the energy company’s stock valued at $4,040,000 after buying an additional 710 shares during the last quarter. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Down 0.1 %

Shares of LNG stock opened at $159.14 on Monday. Cheniere Energy has a 12 month low of $135.30 and a 12 month high of $183.46. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.51 and a current ratio of 1.63. The company’s 50 day moving average is $157.96. The firm has a market capitalization of $36.71 billion, a P/E ratio of 3.93 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, February 22nd. The energy company reported $5.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.70 by $3.06. The business had revenue of $4.82 billion for the quarter, compared to the consensus estimate of $4.37 billion. Cheniere Energy had a net margin of 48.45% and a return on equity of 69.52%. Cheniere Energy’s quarterly revenue was down 46.9% on a year-over-year basis. During the same quarter last year, the company posted $15.78 earnings per share. As a group, equities analysts expect that Cheniere Energy will post 8.39 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Friday, May 10th will be issued a $0.435 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 1.09%. Cheniere Energy’s dividend payout ratio is 4.30%.

Cheniere Energy Company Profile

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.