Cheniere Energy (NYSE:LNG) Price Target Raised to $344.00

Cheniere Energy (NYSE:LNG) had its price target boosted by JPMorgan Chase & Co. from $334.00 to $344.00 in a report issued on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the energy company’s stock.

A number of other equities research analysts have also recently issued reports on LNG. TD Cowen restated a “buy” rating on shares of Cheniere Energy in a report on Friday, October 16th. Argus set a $330.00 price target on Cheniere Energy in a research report on Tuesday, August 18th. Morgan Stanley reiterated an “overweight” rating and issued a $310.00 price objective on shares of Cheniere Energy in a research note on Friday, August 7th. Raymond James Financial reissued a “strong-buy” rating and set a $340.00 price objective on shares of Cheniere Energy in a research report on Monday, October 19th. Finally, Wall Street Zen upgraded Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $310.65.

Cheniere Energy Price Performance

NYSE LNG opened at $298.80 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.72 and a debt-to-equity ratio of 1.97. The company has a fifty day simple moving average of $278.86 and a 200 day simple moving average of $260.89. The company has a market cap of $61.71 billion, a P/E ratio of 22.25, a P/E/G ratio of 1.19 and a beta of 0.06. Cheniere Energy has a 1 year low of $186.20 and a 1 year high of $300.89.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.11 by ($0.09). The firm had revenue of $5.73 billion during the quarter, compared to analyst estimates of $4.92 billion. Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The business’s quarterly revenue was up 23.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.30 earnings per share. On average, sell-side analysts predict that Cheniere Energy will post 16.75 EPS for the current year.

Cheniere Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 18th. Investors of record on Monday, August 10th were given a dividend of $0.5550 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $2.22 dividend on an annualized basis and a yield of 0.7%. Cheniere Energy’s payout ratio is 16.53%.

Hedge Funds Weigh In On Cheniere Energy

Large investors have recently bought and sold shares of the stock. Apollon Wealth Management LLC boosted its holdings in Cheniere Energy by 28.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 6,914 shares of the energy company’s stock valued at $1,860,000 after purchasing an additional 1,515 shares during the period. Kingswood Wealth Advisors LLC grew its position in Cheniere Energy by 0.6% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 12,969 shares of the energy company’s stock worth $3,489,000 after purchasing an additional 78 shares during the last quarter. Financial Management Professionals Inc. grew its position in Cheniere Energy by 13.3% in the 3rd quarter. Financial Management Professionals Inc. now owns 340 shares of the energy company’s stock worth $92,000 after purchasing an additional 40 shares during the last quarter. Trueblood Wealth Management LLC bought a new position in shares of Cheniere Energy during the 3rd quarter worth about $215,000. Finally, Norris Perne & French LLP MI bought a new position in shares of Cheniere Energy during the 3rd quarter worth about $2,281,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

More Cheniere Energy News

Here are the key news stories impacting Cheniere Energy this week:

• Positive Sentiment: Large QatarEnergy contract strengthens long-term visibility: Cheniere agreed to supply QatarEnergy with 4 million metric tons of LNG annually through 2054—2 million tons each from its Sabine Pass and Corpus Christi facilities. The decades-long, take-or-pay-style demand commitment could support stable cash flows and reduce marketing risk. Cheniere Energy Boosts LNG Contract Backlog With QatarEnergy Deal
• Positive Sentiment: Potential support for Sabine Pass expansion: The agreement helps underpin Cheniere’s planned capacity expansion, potentially improving utilization and creating additional long-term earnings and cash-flow opportunities. QatarEnergy is seeking U.S. LNG as geopolitical disruptions affect Middle Eastern supply routes. Cheniere signs LNG supply deals with QatarEnergy through 2054
• Positive Sentiment: One analyst raised its valuation: JPMorgan increased its price target from $334 to $344 and maintained an “overweight” rating, indicating confidence in Cheniere’s contracted growth outlook.
• Positive Sentiment: Related partnership continues returning cash: Cheniere Energy Partners, L.P. declared a quarterly cash distribution of $0.890 per common unit, highlighting ongoing cash generation from the associated LNG infrastructure. This distribution is made by the partnership rather than directly by Cheniere Energy.
• Neutral Sentiment: Earnings expectations are favorable but unconfirmed: Analysts expect Cheniere to potentially exceed estimates in its upcoming report, though this is based on consensus indicators rather than reported results.
• Negative Sentiment: Valuation and analyst views are mixed: Bernstein reaffirmed an “outperform” rating but set a $283 price target, below the current trading level. Investors may also weigh execution, financing, and construction risks associated with expansion projects.

Cheniere Energy Company Profile

Cheniere Energy, Inc is an energy infrastructure company engaged primarily in the production and export of liquefied natural gas (LNG). The company purchases natural gas, processes it through liquefaction facilities, and delivers LNG to customers in international energy markets. Its operations also include natural gas procurement, transportation, storage, and LNG marketing.

Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility near Corpus Christi, Texas.