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New Fortress Energy (NFE)
NASDAQ:NFE
Holding NFE?
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NFE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.82 - $39.26
Previous Close$12.8
Volume6.73M
Average Volume (3M)5.85M
Market Cap
$3.22B
Enterprise Value$11.26B
Total Cash (Recent Filing)$90.84M
Total Debt (Recent Filing)$8.01B
Price to Earnings (P/E)14.2
Beta1.07
Next Earnings
Mar 04, 2025EPS Estimate
$0.05Last Dividend Ex-Date
Jun 14, 2024Dividend Yield3.13%
Share Statistics
EPS (TTM)0.90
Shares Outstanding251,419,302
10 Day Avg. Volume6,087,785
30 Day Avg. Volume5,849,249
Standard Deviation0.21
R-Squared0.16
Alpha-0.00379
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)2.06
Price to Sales (P/S)1.32
Price to Cash Flow (P/CF)-48.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.61
Enterprise Value/Gross Profit8.51
Enterprise Value/Ebitda23.86
Forecast
1Y Price Target
$14.00Price Target Upside17.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
New Fortress Energy News
PremiumCompany Announcements
New Fortress Energy Reports Steady Q3 2024 Results
Bulls Say, Bears Say
Bulls Say
Debt ManagementNFE announced an agreement to extend the maturity profile of the company's outstanding debt while providing some additional operating liquidity.
Financial StrategyNFE announced a series of steps to address liquidity and refinancing concerns, removing a key overhang.
ValuationShares trade below fair value for the existing assets.
Bears Say
Balance Sheet PressureA 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.
Dividend PolicyNFE announced that its previously declared $0.10/sh common stock dividend will be delayed until the company has reached an agreement with note holders to address near-term maturities.
Financial PerformanceElevated leverage and a higher interest burden increase execution risks.
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Ownership Overview
21.86% Insiders
15.82% Mutual Funds
38.44% Other Institutional Investors
15.97% 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 $39.26 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 69 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 3.13%. See more information on New Fortress Energy dividends here
What is New Fortress Energy’s EPS estimate?
New Fortress Energy’s EPS estimate is $0.05.
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
Moderate Buy
Average Price Target:
$14.00 (17.85% Upside)
$14.00 (17.85% Upside)
Blogger Sentiment
Bullish
NFE Sentiment 87%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 3.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $50.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.9%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-64.29%
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
$14.00
▲(17.85% Upside)
Technical Analysis
Sempra Energy
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WEC Energy Group
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American Electric Power
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Public Service Enterprise
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Best Analysts Covering NFE
1 Year
1 Year Success Rate
9/26 ratings generated profit
1 Year Average Return
-4.48%
reiterated a buy rating last month
Copying Benjamin Nolan's trades and holding each position for 1 Year would result in 34.62% of your transactions generating a profit, with an average return of -4.48% per trade.
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