Analysts Set Cheniere Energy, Inc. (NYSE:LNG) Price Target at $236.33

Cheniere Energy, Inc. (NYSE:LNG) has earned an average rating of “Moderate Buy” from the thirteen brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $236.33.

A number of equities analysts have recently commented on LNG shares. Morgan Stanley raised their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. The Goldman Sachs Group lifted their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a report on Thursday, March 6th. Finally, TD Cowen lifted their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th.

Insider Buying and Selling at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now owns 33,934 shares of the company’s stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On Cheniere Energy

Several institutional investors and hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its holdings in Cheniere Energy by 10.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock valued at $99,000 after buying an additional 43 shares during the last quarter. Flagship Harbor Advisors LLC grew its position in Cheniere Energy by 2.0% in the 4th quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company’s stock valued at $503,000 after purchasing an additional 46 shares during the period. BIP Wealth LLC grew its position in Cheniere Energy by 1.4% in the 4th quarter. BIP Wealth LLC now owns 3,545 shares of the energy company’s stock valued at $762,000 after purchasing an additional 50 shares during the period. Glen Eagle Advisors LLC grew its position in Cheniere Energy by 3.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 1,488 shares of the energy company’s stock valued at $320,000 after purchasing an additional 53 shares during the period. Finally, NDVR Inc. grew its position in Cheniere Energy by 4.8% in the 4th quarter. NDVR Inc. now owns 1,188 shares of the energy company’s stock valued at $255,000 after purchasing an additional 54 shares during the period. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Shares of LNG opened at $222.62 on Thursday. Cheniere Energy has a 12 month low of $152.88 and a 12 month high of $257.65. The company’s fifty day moving average is $224.83 and its 200-day moving average is $207.90. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The firm has a market cap of $49.79 billion, a price-to-earnings ratio of 15.64 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $1.59. The business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Equities analysts expect that Cheniere Energy will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.90%. Cheniere Energy’s dividend payout ratio is currently 14.05%.

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.