Zacks Research Has Bearish Outlook for CQP FY2027 Earnings

Cheniere Energy Partners (NYSE:CQP) – Stock analysts at Zacks Research decreased their FY2027 earnings per share (EPS) estimates for shares of Cheniere Energy Partners in a note issued to investors on Wednesday, April 2nd. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $4.44 for the year, down from their prior estimate of $4.54. The consensus estimate for Cheniere Energy Partners’ current full-year earnings is $4.14 per share.

Cheniere Energy Partners (NYSE:CQP) last posted its quarterly earnings results on Thursday, February 20th. The company reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). Cheniere Energy Partners had a negative return on equity of 325.95% and a net margin of 28.84%. The firm had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.37 billion.

A number of other brokerages also recently issued reports on CQP. Wells Fargo & Company upped their price objective on shares of Cheniere Energy Partners from $49.00 to $55.00 and gave the stock an “underweight” rating in a research report on Wednesday, December 18th. Stifel Nicolaus lowered Cheniere Energy Partners from a “hold” rating to a “sell” rating and raised their price target for the stock from $50.00 to $51.00 in a report on Friday, February 21st. Finally, Barclays boosted their price target on shares of Cheniere Energy Partners from $46.00 to $54.00 and gave the company an “underweight” rating in a research report on Thursday, January 16th.

Cheniere Energy Partners Price Performance

Shares of CQP opened at $57.19 on Friday. The business’s 50 day moving average is $63.28. Cheniere Energy Partners has a 52 week low of $45.51 and a 52 week high of $68.42. The company has a market cap of $27.68 billion, a price-to-earnings ratio of 13.42 and a beta of 0.57.

Cheniere Energy Partners Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 10th were paid a $0.775 dividend. This represents a $3.10 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date of this dividend was Monday, February 10th. This is a positive change from Cheniere Energy Partners’s previous quarterly dividend of $0.04. Cheniere Energy Partners’s payout ratio is 72.77%.

Institutional Investors Weigh In On Cheniere Energy Partners

Several institutional investors have recently added to or reduced their stakes in the company. U.S. Capital Wealth Advisors LLC increased its position in shares of Cheniere Energy Partners by 48.1% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 20,148 shares of the company’s stock valued at $1,070,000 after buying an additional 6,541 shares during the period. Blankinship & Foster LLC purchased a new position in Cheniere Energy Partners in the 3rd quarter worth approximately $424,000. Atria Wealth Solutions Inc. raised its position in Cheniere Energy Partners by 118.7% in the 4th quarter. Atria Wealth Solutions Inc. now owns 19,681 shares of the company’s stock worth $1,045,000 after buying an additional 10,683 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Cheniere Energy Partners by 21.9% in the third quarter. JPMorgan Chase & Co. now owns 764,858 shares of the company’s stock worth $37,264,000 after purchasing an additional 137,477 shares during the last quarter. Finally, Corps Capital Advisors LLC bought a new position in Cheniere Energy Partners in the fourth quarter valued at about $499,000. Hedge funds and other institutional investors own 46.55% of the company’s stock.

Cheniere Energy Partners Company Profile

Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana.