Cheniere Energy (LNG) Expected to Announce Quarterly Earnings on Thursday

Cheniere Energy (NYSE:LNG) is anticipated to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Cheniere Energy to post earnings of $2.74 per share and revenue of $4.44 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock opened at $215.43 on Wednesday. The business has a 50-day moving average price of $222.56 and a two-hundred day moving average price of $202.72. Cheniere Energy has a 1-year low of $152.31 and a 1-year high of $257.65. 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 cap of $48.34 billion, a P/E ratio of 13.76 and a beta of 0.98.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given 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 0.93%. Cheniere Energy’s payout ratio is 12.77%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. The Goldman Sachs Group boosted their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Wells Fargo & Company boosted their target price on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. TD Cowen raised their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Barclays lifted their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Finally, Scotiabank increased their price objective on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $234.25.

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.