Cheniere Energy (LNG) Expected to Announce Earnings on Thursday

Cheniere Energy (NYSE:LNG) is expected to be announcing its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $2.74 per share and revenue of $4.44 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Cheniere Energy Trading Up 1.6 %

Shares of NYSE:LNG opened at $213.37 on Tuesday. The firm has a fifty day moving average of $222.58 and a two-hundred day moving average of $202.48. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy has a 12-month low of $152.31 and a 12-month high of $257.65. The firm has a market capitalization of $47.87 billion, a P/E ratio of 13.62 and a beta of 0.98.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.94%. Cheniere Energy’s dividend payout ratio is 12.77%.

Analysts Set New Price Targets

LNG has been the subject of a number of recent research reports. Morgan Stanley raised their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Barclays boosted their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Stifel Nicolaus raised their price target on shares of Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. The Goldman Sachs Group upped their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Finally, UBS Group boosted 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. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, Cheniere Energy presently has an average rating of “Moderate Buy” and a consensus price target of $234.25.

About Cheniere Energy

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.