Excelerate Energy (EE) Scheduled to Post Earnings on Wednesday

Excelerate Energy (NYSE:EE) will issue its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Excelerate Energy (NYSE:EE) last announced its earnings results on Wednesday, February 28th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). Excelerate Energy had a net margin of 2.62% and a return on equity of 1.83%. The business had revenue of $240.06 million for the quarter, compared to the consensus estimate of $265.31 million. On average, analysts expect Excelerate Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Excelerate Energy Trading Up 1.1 %

Excelerate Energy stock opened at $17.41 on Monday. Excelerate Energy has a one year low of $13.38 and a one year high of $22.42. The business’s fifty day moving average is $15.87 and its 200 day moving average is $15.63. The stock has a market capitalization of $1.89 billion, a PE ratio of 16.90 and a beta of 1.30. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.43 and a quick ratio of 3.42.

Excelerate Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 6th. Stockholders of record on Wednesday, May 22nd will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Tuesday, May 21st. Excelerate Energy’s dividend payout ratio (DPR) is 9.71%.

Wall Street Analyst Weigh In

EE has been the subject of a number of analyst reports. Morgan Stanley lowered their target price on Excelerate Energy from $30.00 to $19.00 and set an “equal weight” rating for the company in a report on Tuesday, February 13th. Stephens began coverage on shares of Excelerate Energy in a report on Tuesday, April 30th. They set an “overweight” rating and a $21.00 price objective on the stock. StockNews.com raised Excelerate Energy from a “sell” rating to a “hold” rating in a research report on Saturday, March 9th. Northland Securities started coverage on Excelerate Energy in a research report on Monday, February 26th. They set an “outperform” rating and a $23.00 price target for the company. Finally, Raymond James dropped their target price on shares of Excelerate Energy from $26.00 to $24.00 and set an “outperform” rating on the stock in a research report on Friday, January 19th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.75.

Excelerate Energy Company Profile

Excelerate Energy, Inc provides flexible liquefied natural gas (LNG) solutions worldwide. The company offers regasification services, including floating storage and regasification units (FSRUs), infrastructure development, and LNG and natural gas supply, procurement, and distribution services; LNG terminal services; and natural gas supply to-power projects.