Cheniere Energy (NYSE:LNG – Free Report) had its price target boosted by Citigroup from $280.00 to $330.00 in a report released on Thursday,Benzinga reports. Citigroup currently has a buy rating on the energy company’s stock.
Other equities research analysts have also recently issued research reports about the stock. Scotiabank raised their target price on shares of Cheniere Energy from $266.00 to $285.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 5th. JPMorgan Chase & Co. boosted their target price on shares of Cheniere Energy from $279.00 to $338.00 and gave the company an “overweight” rating in a research note on Friday, March 27th. Wells Fargo & Company lowered their price target on Cheniere Energy from $280.00 to $271.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Jefferies Financial Group restated a “buy” rating on shares of Cheniere Energy in a research note on Thursday, February 26th. Finally, Bank of America lifted their price objective on Cheniere Energy from $296.00 to $322.00 and gave the stock a “buy” rating in a report on Friday, March 20th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $287.24.
Check Out Our Latest Report on LNG
Cheniere Energy Price Performance
Cheniere Energy (NYSE:LNG – Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The energy company reported $10.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.90 by $6.78. Cheniere Energy had a net margin of 26.68% and a return on equity of 32.04%. The firm had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.48 billion. During the same quarter last year, the firm posted $4.33 EPS. The business’s quarterly revenue was up 22.9% compared to the same quarter last year. On average, analysts expect that Cheniere Energy will post 11.69 earnings per share for the current year.
Cheniere Energy announced that its Board of Directors has approved a share buyback plan on Thursday, February 26th that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the energy company to purchase up to 21.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.
Cheniere Energy Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 6th were given a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a yield of 0.8%. The ex-dividend date was Friday, February 6th. Cheniere Energy’s payout ratio is 9.14%.
Insider Activity at Cheniere Energy
In other Cheniere Energy news, EVP Sean N. Markowitz sold 22,246 shares of the stock in a transaction that occurred on Thursday, March 26th. The shares were sold at an average price of $290.98, for a total value of $6,473,141.08. Following the transaction, the executive vice president directly owned 64,000 shares in the company, valued at approximately $18,622,720. This trade represents a 25.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Zach Davis sold 29,000 shares of Cheniere Energy stock in a transaction on Monday, March 30th. The stock was sold at an average price of $300.00, for a total transaction of $8,700,000.00. Following the transaction, the chief financial officer owned 87,146 shares in the company, valued at $26,143,800. This represents a 24.97% decrease in their position. The SEC filing for this sale provides additional information. 0.26% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Cheniere Energy
Institutional investors have recently bought and sold shares of the stock. Salomon & Ludwin LLC purchased a new stake in Cheniere Energy in the third quarter worth about $25,000. Strive Financial Group LLC purchased a new position in shares of Cheniere Energy during the 4th quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cheniere Energy during the 4th quarter valued at about $26,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Cheniere Energy during the 3rd quarter valued at approximately $27,000. Finally, Accordant Advisory Group Inc purchased a new stake in Cheniere Energy in the 4th quarter worth approximately $29,000. 87.26% of the stock is owned by institutional investors.
Cheniere Energy News Roundup
Here are the key news stories impacting Cheniere Energy this week:
- Positive Sentiment: Citi lifted its price target to $330 and kept a Buy rating, signaling notable Wall Street conviction that U.S. LNG exporters like Cheniere will benefit from Middle East supply disruptions. Read More.
- Positive Sentiment: Cheniere reported record production, a big EPS beat and strong distributable cash flow, supporting near-term profitability and capacity to fund expansion and buybacks. Read More.
- Positive Sentiment: Substantial completion announced for Train 5 at Corpus Christi Stage 3 increases export capacity and crystallizes expansion value for future cargo volumes. Read More.
- Positive Sentiment: Broader market tailwind: U.S. LNG exports hit record highs as Middle East disruptions push buyers toward U.S. supply, a structural demand boost for Cheniere as the largest U.S. exporter. Read More.
- Neutral Sentiment: Coverage and “priced‑in” debate — some analyst notes and commentary say much of the Iran‑driven upside may already be reflected in LNG’s rally, limiting incremental upside absent further shocks. Read More.
- Neutral Sentiment: Macro risk: analysts caution that persistently high LNG prices could eventually dampen demand or complicate contract/expansion dynamics, a longer‑term industry risk to monitor. Read More.
- Negative Sentiment: Operational setback: Sabine Pass is trimming output after an outage on one production unit — a near‑term hit to volumes and revenue that could temper upside while repairs are underway. Read More.
- Negative Sentiment: Insider selling: recent large sales by EVP Sean Markowitz and CFO Zach Davis (SEC filings disclosed) may create short‑term selling pressure or raise investor questions about timing of personal liquidity events. Read More. Read More.
Cheniere Energy Company Profile
Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.
Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.
Featured Stories
Receive News & Ratings for Cheniere Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy and related companies with MarketBeat.com's FREE daily email newsletter.
