New Fortress Energy Inc. (NFE)

Market Cap	2.31B
Revenue (ttm)	2.42B
Net Income (ttm)	189.24M
Shares Out	251.42M
EPS (ttm)	0.91
PE Ratio	10.14
Forward PE	220.14
Dividend	$0.40 (4.36%)
Ex-Dividend Date	Sep 13, 2024

Volume	3,790,079
Open	9.06
Previous Close	9.09
Day's Range	8.81 - 9.23
52-Week Range	7.82 - 40.04
Beta	1.51
Analysts	Buy
Price Target	22.00 (+139.65%)
Earnings Date	Nov 7, 2024

About NFE

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. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LN...

• Industry: Utilities - Regulated Gas
• Sector: Utilities
• IPO Date: Jan 31, 2019
• Employees: 677
• Stock Exchange: NASDAQ
• Ticker Symbol: NFE
• Website: https://www.newfortressenergy.com

Financial Performance

In 2023, New Fortress Energy's revenue was $2.39 billion, an increase of 2.19% compared to the previous year's $2.34 billion. Earnings were $547.88 million, an increase of 181.72%.

Analyst Forecast

According to 6 analysts, the average rating for NFE stock is "Buy." The 12-month stock price forecast is $22.0, which is an increase of 139.65% from the latest price.

Price Target

$22.0

(139.65% upside)

Analyst Consensus: Buy