New Fortress Energy Inc. (NFE)

Market Cap	2.46B
Revenue (ttm)	2.42B
Net Income (ttm)	189.24M
Shares Out	272.66M
EPS (ttm)	0.91
PE Ratio	9.99
Forward PE	41.09
Dividend	$0.30 (3.32%)
Ex-Dividend Date	Sep 13, 2024

Volume	7,808,579
Open	10.30
Previous Close	10.00
Day's Range	8.73 - 10.41
52-Week Range	7.82 - 34.40
Beta	1.56
Analysts	Buy
Price Target	17.40 (+92.48%)
Earnings Date	Mar 3, 2025

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 5 analysts, the average rating for NFE stock is "Buy." The 12-month stock price forecast is $17.4, which is an increase of 92.48% from the latest price.

Price Target

$17.4

(92.48% upside)

Analyst Consensus: Buy