New Fortress Energy Inc. (NASDAQ:NFE – Free Report) – Equities research analysts at Capital One Financial reduced their Q1 2025 EPS estimates for shares of New Fortress Energy in a research note issued to investors on Tuesday, April 1st. Capital One Financial analyst W. Suki now expects that the company will post earnings of ($0.09) per share for the quarter, down from their previous estimate of $0.05. The consensus estimate for New Fortress Energy’s current full-year earnings is $0.36 per share. Capital One Financial also issued estimates for New Fortress Energy’s Q1 2025 earnings at ($0.09) EPS, Q2 2025 earnings at ($0.05) EPS, Q2 2025 earnings at ($0.05) EPS, Q3 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.02 EPS, FY2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.05) EPS, FY2026 earnings at $0.05 EPS and FY2026 earnings at $0.05 EPS.
A number of other brokerages have also recently issued reports on NFE. Stifel Nicolaus dropped their price objective on shares of New Fortress Energy from $23.00 to $19.00 and set a “buy” rating for the company in a research note on Tuesday, March 4th. Morgan Stanley dropped their price target on shares of New Fortress Energy from $15.00 to $14.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft set a $8.00 price objective on New Fortress Energy in a report on Wednesday, March 12th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $15.00.
New Fortress Energy Stock Down 20.8 %
Shares of NFE stock opened at $5.46 on Friday. New Fortress Energy has a one year low of $4.94 and a one year high of $30.19. The company has a debt-to-equity ratio of 4.06, a current ratio of 0.38 and a quick ratio of 0.35. The stock has a fifty day moving average price of $11.00 and a 200 day moving average price of $11.20. The stock has a market cap of $1.49 billion, a P/E ratio of 6.00 and a beta of 1.52.
New Fortress Energy (NASDAQ:NFE – Get Free Report) last posted its quarterly earnings results on Monday, March 3rd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.06 by $0.07. The firm had revenue of $679.00 million during the quarter, compared to analysts’ expectations of $613.24 million. New Fortress Energy had a return on equity of 15.60% and a net margin of 7.84%.
Insider Activity at New Fortress Energy
In other New Fortress Energy news, CFO Christopher S. Guinta acquired 5,000 shares of the business’s stock in a transaction on Thursday, March 13th. The stock was purchased at an average price of $8.57 per share, for a total transaction of $42,850.00. Following the transaction, the chief financial officer now owns 206,653 shares in the company, valued at $1,771,016.21. This trade represents a 2.48 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 37.10% of the stock is currently owned by insiders.
Institutional Trading of New Fortress Energy
Several large investors have recently made changes to their positions in NFE. Capital World Investors lifted its position in New Fortress Energy by 87.9% during the 4th quarter. Capital World Investors now owns 19,925,022 shares of the company’s stock worth $301,266,000 after buying an additional 9,319,985 shares in the last quarter. William Blair Investment Management LLC raised its stake in shares of New Fortress Energy by 40.8% in the fourth quarter. William Blair Investment Management LLC now owns 15,567,055 shares of the company’s stock worth $235,374,000 after acquiring an additional 4,509,177 shares during the last quarter. Primecap Management Co. CA lifted its position in shares of New Fortress Energy by 13.6% during the fourth quarter. Primecap Management Co. CA now owns 13,096,998 shares of the company’s stock worth $198,027,000 after purchasing an additional 1,564,893 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of New Fortress Energy by 31.8% during the fourth quarter. Vanguard Group Inc. now owns 11,319,248 shares of the company’s stock valued at $171,147,000 after purchasing an additional 2,728,191 shares during the last quarter. Finally, Hood River Capital Management LLC acquired a new stake in shares of New Fortress Energy in the fourth quarter valued at approximately $155,023,000. Institutional investors own 58.61% of the company’s stock.
New Fortress Energy Company Profile
New Fortress Energy Inc operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation.
Featured Articles
- Five stocks we like better than New Fortress Energy
- Overbought Stocks Explained: Should You Trade Them?
- Conagra Stock Could Thrive as Tariffs Hit Other Sectors
- What is Insider Trading? What You Can Learn from Insider Trading
- Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds
- What is a Death Cross in Stocks?
- Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy?
Receive News & Ratings for New Fortress Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Fortress Energy and related companies with MarketBeat.com's FREE daily email newsletter.