CQP FY2025 EPS Estimate Lowered by US Capital Advisors

Cheniere Energy Partners (NYSE:CQP) – Equities researchers at US Capital Advisors dropped their FY2025 earnings estimates for shares of Cheniere Energy Partners in a note issued to investors on Monday, April 28th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $3.82 for the year, down from their previous estimate of $3.84. The consensus estimate for Cheniere Energy Partners’ current full-year earnings is $4.14 per share.

Cheniere Energy Partners (NYSE:CQP) last posted its quarterly earnings data on Thursday, February 20th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). Cheniere Energy Partners had a net margin of 28.84% and a negative return on equity of 325.95%. The firm had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.37 billion.

A number of other equities analysts also recently commented on CQP. Stifel Nicolaus downgraded shares of Cheniere Energy Partners from a “hold” rating to a “sell” rating and raised their price objective for the stock from $50.00 to $51.00 in a report on Friday, February 21st. Barclays lifted their target price on Cheniere Energy Partners from $46.00 to $54.00 and gave the stock an “underweight” rating in a report on Thursday, January 16th. Finally, JPMorgan Chase & Co. raised their target price on Cheniere Energy Partners from $56.00 to $58.00 and gave the stock an “underweight” rating in a research report on Monday. Five investment analysts have rated the stock with a sell rating, According to MarketBeat.com, Cheniere Energy Partners has a consensus rating of “Reduce” and a consensus target price of $52.80.

Cheniere Energy Partners Stock Up 0.9 %

Shares of CQP stock opened at $60.05 on Tuesday. The stock has a market capitalization of $29.07 billion, a P/E ratio of 14.10 and a beta of 0.57. The company’s fifty day simple moving average is $62.08. Cheniere Energy Partners has a 1-year low of $46.71 and a 1-year high of $68.42.

Cheniere Energy Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 10th were paid a $0.775 dividend. This represents a $3.10 annualized dividend and a dividend yield of 5.16%. This is a positive change from Cheniere Energy Partners’s previous quarterly dividend of $0.04. The ex-dividend date was Monday, February 10th. Cheniere Energy Partners’s dividend payout ratio is 72.77%.

Institutional Trading of Cheniere Energy Partners

Institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Cheniere Energy Partners by 5.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,377,887 shares of the company’s stock valued at $126,313,000 after buying an additional 122,956 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Cheniere Energy Partners by 21.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 764,858 shares of the company’s stock worth $37,264,000 after acquiring an additional 137,477 shares in the last quarter. Invesco Ltd. grew its position in shares of Cheniere Energy Partners by 1.7% in the fourth quarter. Invesco Ltd. now owns 269,671 shares of the company’s stock valued at $14,325,000 after purchasing an additional 4,383 shares in the last quarter. McGowan Group Asset Management Inc. increased its stake in Cheniere Energy Partners by 0.3% during the fourth quarter. McGowan Group Asset Management Inc. now owns 239,305 shares of the company’s stock worth $12,712,000 after acquiring an additional 735 shares during the last quarter. Finally, Miller Howard Investments Inc. NY lifted its position in shares of Cheniere Energy Partners by 2.0% during the first quarter. Miller Howard Investments Inc. NY now owns 104,157 shares of the company’s stock worth $6,879,000 after purchasing an additional 2,035 shares in the last quarter. 46.55% of the stock is currently owned by institutional investors.

About Cheniere Energy Partners

Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana.