Q1 EPS Estimate for New Fortress Energy Reduced by Analyst

New Fortress Energy Inc. (NASDAQ:NFE) – Analysts at Capital One Financial cut their Q1 2025 earnings estimates for New Fortress Energy in a research report issued to clients and investors on Tuesday, April 1st. Capital One Financial analyst W. Suki now expects that the company will earn ($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.

Other equities research analysts also recently issued research reports about the company. Morgan Stanley decreased their price target on New Fortress Energy from $15.00 to $14.00 and set an “equal weight” rating for the company in a report on Tuesday, March 4th. Deutsche Bank Aktiengesellschaft set a $8.00 price target on shares of New Fortress Energy in a research report on Wednesday, March 12th. Finally, Stifel Nicolaus reduced 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 report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $15.00.

New Fortress Energy Stock Performance

Shares of NFE opened at $5.46 on Friday. The firm has a market capitalization of $1.49 billion, a P/E ratio of 6.00 and a beta of 1.52. New Fortress Energy has a 52 week low of $4.94 and a 52 week high of $30.19. The stock has a 50 day moving average price of $11.00 and a two-hundred day moving average price of $11.20. The company has a debt-to-equity ratio of 4.06, a quick ratio of 0.35 and a current ratio of 0.38.

New Fortress Energy (NASDAQ:NFE) last posted its earnings results on Monday, March 3rd. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. New Fortress Energy had a net margin of 7.84% and a return on equity of 15.60%. The company had revenue of $679.00 million for the quarter, compared to analyst estimates of $613.24 million.

Institutional Investors Weigh In On New Fortress Energy

Several large investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. lifted its stake in New Fortress Energy by 77.5% in the third quarter. Rockefeller Capital Management L.P. now owns 221,477 shares of the company’s stock valued at $2,013,000 after purchasing an additional 96,728 shares during the last quarter. Captrust Financial Advisors bought a new position in New Fortress Energy during the third quarter worth about $101,000. Holocene Advisors LP increased its stake in shares of New Fortress Energy by 107.2% in the third quarter. Holocene Advisors LP now owns 389,698 shares of the company’s stock worth $3,542,000 after purchasing an additional 201,649 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of New Fortress Energy by 26.7% in the third quarter. Janus Henderson Group PLC now owns 148,185 shares of the company’s stock valued at $1,347,000 after purchasing an additional 31,201 shares during the period. Finally, Stifel Financial Corp purchased a new stake in shares of New Fortress Energy during the 3rd quarter valued at approximately $990,000. Hedge funds and other institutional investors own 58.61% of the company’s stock.

Insider Buying and Selling at New Fortress Energy

In related news, CFO Christopher S. Guinta acquired 5,000 shares of the stock in a transaction on Thursday, March 13th. The shares were acquired at an average price of $8.57 per share, with a total value of $42,850.00. Following the completion of the transaction, the chief financial officer now owns 206,653 shares in the company, valued at approximately $1,771,016.21. The trade was a 2.48 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 37.10% of the company’s stock.

About New Fortress Energy

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.