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New Fortress Energy (NFE)
NASDAQ:NFE
Holding NFE?
Track your performance easily
NFE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.82 - $40.04
Previous Close$8.56
Volume5.71M
Average Volume (3M)5.22M
Market Cap
$2.15B
Enterprise Value$10.20B
Total Cash (Recent Filing)$90.84M
Total Debt (Recent Filing)$8.01B
Price to Earnings (P/E)9.5
Beta1.12
Next Earnings
Mar 04, 2025EPS Estimate
$0.11Last Dividend Ex-Date
Sep 13, 2024Dividend Yield4.36%
Share Statistics
EPS (TTM)0.90
Shares Outstanding251,419,302
10 Day Avg. Volume6,397,116
30 Day Avg. Volume5,222,797
Standard Deviation0.21
R-Squared0.15
Alpha-0.00893
Financial Highlights & Ratios
Price to Book (P/B)1.38
Price to Sales (P/S)0.94
Price to Cash Flow (P/CF)-34.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.17
Enterprise Value/Gross Profit7.70
Enterprise Value/Ebitda21.60
Forecast
1Y Price Target
$13.40Price Target Upside56.54% Upside
Rating ConsensusHold
Number of Analyst Covering4
New Fortress Energy News
PremiumCompany Announcements
New Fortress Energy Reports Steady Q3 2024 ResultsBulls Say, Bears Say
Bulls Say
Contract And ProductionNFE won an incremental ~80TBtu annual supply contract which started ramping in 2Q.
Liquidity And RefinancingNFE announced a series of steps to address liquidity and refinancing concerns, removing a key overhang.
Project Performance And GrowthProject startups over the coming quarters should drive EBITDA higher and capex lower.
Bears Say
Credit And Debt ManagementNFE's credit rating was downgraded from BB- to B+.
Financial PerformanceElevated leverage and a higher interest burden increase execution risks.
Project DelaysA series of project delays, cost overruns on FLNG, and the early cancellation of the FEMA contract in Puerto Rico have put pressure on NFE's balance sheet, weighing on shares.
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Ownership Overview
21.86% Insiders
15.12% Mutual Funds
38.43% Other Institutional Investors
18.19% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NFE FAQ
What was New Fortress Energy’s price range in the past 12 months?
New Fortress Energy lowest stock price was $7.82 and its highest was $40.04 in the past 12 months.
What is New Fortress Energy’s market cap?
Currently, no data Available
When is New Fortress Energy’s upcoming earnings report date?
New Fortress Energy’s upcoming earnings report date is Mar 04, 2025 which is in 107 days.
How were New Fortress Energy’s earnings last quarter?
New Fortress Energy released its earnings results on Nov 07, 2024. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.043 by -$0.013.
Is New Fortress Energy overvalued?
According to Wall Street analysts New Fortress Energy’s price is currently Undervalued.
Does New Fortress Energy pay dividends?
New Fortress Energy pays a Notavailable dividend of $0.1 which represents an annual dividend yield of 4.36%. See more information on New Fortress Energy dividends here
What is New Fortress Energy’s EPS estimate?
New Fortress Energy’s EPS estimate is $0.11.
How many shares outstanding does New Fortress Energy have?
New Fortress Energy has 251,419,300 shares outstanding.
What happened to New Fortress Energy’s price movement after its last earnings report?
New Fortress Energy reported an EPS of $0.03 in its last earnings report, missing expectations of $0.043. Following the earnings report the stock price went down -1.356%.
Which hedge fund is a major shareholder of New Fortress Energy?
Among the largest hedge funds holding New Fortress Energy’s share is Fortress Investment Group LLC. It holds New Fortress Energy’s shares valued at 122M.
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New Fortress Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$13.40 (56.54% Upside)
$13.40 (56.54% Upside)
Blogger Sentiment
Bullish
NFE Sentiment 87%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 3.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $50.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 7.0%
Last 30 Days ▲ 7.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-75.71%
12-Months-Change
Fundamentals
Return on Equity
12.38%
Trailing 12-Months
Asset Growth
22.19%
Trailing 12-Months
Company Description
New Fortress Energy
New Fortress Energy LLC engages in the provision of energy infrastructure and development services. It specializes in the fields of power, infrastructure, transportation and liquefied natural gas (LNG). Its LNG production and delivery model includes liquefaction, logistics, shipping and terminals. The company was founded by Wesley Robert Edens in 2014 and is headquartered in New York, NY.
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NFE Company Deck
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NFE Earnings Call
Q3 2024
0:00 / 0:00
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NFE Stock 12 Month Forecast
Average Price Target
$13.40
▲(56.54% Upside)
Technical Analysis
Sempra Energy
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WEC Energy Group
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Public Service Enterprise
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American Electric Power
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Best Analysts Covering NFE
1 Year
1 Year Success Rate
8/26 ratings generated profit
1 Year Average Return
-8.84%
reiterated a buy rating 6 days ago
Copying Benjamin Nolan's trades and holding each position for 1 Year would result in 30.77% of your transactions generating a profit, with an average return of -8.84% per trade.
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