2 weeks Ago By ABMN Staff
Excelerate Energy, Inc. ( NYSE:EE – Free Report ) – Research analysts at Northland Capmk cut their FY2024 earnings estimates for shares of Excelerate Energy in a note issued to investors on Monday, November 11th. Northland Capmk analyst B.
Brooks now anticipates that the company will earn $1.18 per share for the year, down from their prior estimate of $1.19.
The consensus estimate for Excelerate Energy’s current full-year earnings is $1.18 per share. Northland Capmk also issued estimates for Excelerate Energy’s Q4 2024 earnings at $0.
33 EPS, Q1 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.
37 EPS and FY2025 earnings at $1.38 EPS. Excelerate Energy ( NYSE:EE – Get Free Report ) last issued its quarterly earnings results on Wednesday, November 6th.
The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.
03. Excelerate Energy had a return on equity of 1.39% and a net margin of 3.
14%. The firm had revenue of $193.42 million during the quarter, compared to analyst estimates of $194.
09 million. During the same period last year, the company posted $0.40 EPS.
Read Our Latest Stock Analysis on EE Excelerate Energy Price Performance NYSE EE opened at $27.56 on Wednesday. The stock has a market capitalization of $2.
95 billion, a P/E ratio of 27.02 and a beta of 1.28.
The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.12 and a current ratio of 4.
12. The business’s fifty day moving average is $22.53 and its two-hundred day moving average is $19.
88. Excelerate Energy has a 1 year low of $13.38 and a 1 year high of $28.
60. Institutional Trading of Excelerate Energy A number of large investors have recently bought and sold shares of the stock. Jacobs Levy Equity Management Inc.
acquired a new stake in shares of Excelerate Energy during the first quarter worth approximately $2,202,000. Bailard Inc. bought a new position in Excelerate Energy in the 2nd quarter valued at $297,000.
Allspring Global Investments Holdings LLC acquired a new position in Excelerate Energy in the first quarter worth $118,000. Marshall Wace LLP grew its holdings in shares of Excelerate Energy by 28.2% during the second quarter.
Marshall Wace LLP now owns 338,465 shares of the company’s stock worth $6,241,000 after purchasing an additional 74,491 shares during the last quarter. Finally, Cubist Systematic Strategies LLC increased its stake in shares of Excelerate Energy by 836.0% in the second quarter.
Cubist Systematic Strategies LLC now owns 35,707 shares of the company’s stock valued at $658,000 after buying an additional 31,892 shares in the last quarter. 21.79% of the stock is currently owned by institutional investors.
Excelerate Energy Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 20th will be issued a dividend of $0.06 per share.
This represents a $0.24 annualized dividend and a dividend yield of 0.87%.
The ex-dividend date is Wednesday, November 20th. This is a positive change from Excelerate Energy’s previous quarterly dividend of $0.03.
Excelerate Energy’s dividend payout ratio (DPR) is presently 10.10%. About Excelerate Energy ( Get Free Report ) Excelerate Energy, Inc provides flexible liquefied natural gas (LNG) solutions worldwide.
The company offers regasification services, including floating storage and regasification units (FSRUs), infrastructure development, and LNG and natural gas supply, procurement, and distribution services; LNG terminal services; and natural gas supply to-power projects. Featured Articles Receive News & Ratings for Excelerate Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Excelerate Energy and related companies with MarketBeat.com's FREE daily email newsletter .
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