Cheniere Energy, Inc. (NYSE:LNG) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Cheniere Energy, Inc. (NYSE:LNG) have received a consensus rating of “Moderate Buy” from the eleven ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $225.00.

Several equities research analysts recently weighed in on LNG shares. Bank of America initiated coverage on shares of Cheniere Energy in a research note on Thursday, October 17th. They set a “buy” rating and a $215.00 price objective on the stock. UBS Group increased their price target on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. TD Cowen raised their price target on Cheniere Energy from $202.00 to $242.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Royal Bank of Canada upped their price objective on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Finally, Barclays raised their target price on Cheniere Energy from $199.00 to $202.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th.

Institutional Investors Weigh In On Cheniere Energy

Several institutional investors have recently bought and sold shares of the stock. MCF Advisors LLC bought a new stake in shares of Cheniere Energy during the 2nd quarter worth about $26,000. Carolinas Wealth Consulting LLC increased its stake in shares of Cheniere Energy by 5,000.0% during the second quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company’s stock valued at $27,000 after acquiring an additional 150 shares during the period. Moisand Fitzgerald Tamayo LLC bought a new stake in Cheniere Energy during the third quarter worth approximately $27,000. Capital Performance Advisors LLP acquired a new stake in Cheniere Energy in the third quarter worth approximately $28,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in Cheniere Energy during the 2nd quarter valued at $30,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Price Performance

Shares of NYSE LNG opened at $214.87 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The company has a market capitalization of $48.21 billion, a price-to-earnings ratio of 13.72 and a beta of 0.97. Cheniere Energy has a twelve month low of $152.31 and a twelve month high of $228.10. The business has a 50 day simple moving average of $209.65 and a 200-day simple moving average of $190.01.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $2.06. The firm had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The firm’s revenue was down 9.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.37 earnings per share. As a group, equities research analysts expect that Cheniere Energy will post 11.25 earnings per share for the current year.

Cheniere Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date was Friday, November 8th. Cheniere Energy’s dividend payout ratio (DPR) is 12.77%.

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.