Q4 EPS Forecast for Cheniere Energy Partners Cut by Analyst

Cheniere Energy Partners (NYSE:CQP) – Stock analysts at Zacks Research lowered their Q4 2024 earnings per share (EPS) estimates for Cheniere Energy Partners in a report released on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the company will earn $1.01 per share for the quarter, down from their previous estimate of $1.13. The consensus estimate for Cheniere Energy Partners’ current full-year earnings is $4.24 per share. Zacks Research also issued estimates for Cheniere Energy Partners’ Q1 2025 earnings at $0.99 EPS, Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $1.02 EPS, FY2025 earnings at $3.94 EPS, Q1 2026 earnings at $0.98 EPS, Q2 2026 earnings at $0.96 EPS and Q3 2026 earnings at $0.97 EPS.

Separately, Bank of America began coverage on shares of Cheniere Energy Partners in a research report on Thursday, October 17th. They set an “underperform” rating and a $46.00 price target on the stock.

Cheniere Energy Partners Stock Up 1.6 %

Shares of NYSE CQP opened at $54.78 on Friday. Cheniere Energy Partners has a 52-week low of $45.51 and a 52-week high of $62.34. The company has a market cap of $26.52 billion, a P/E ratio of 11.81 and a beta of 0.67.

Cheniere Energy Partners (NYSE:CQP) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.08). Cheniere Energy Partners had a net margin of 31.28% and a negative return on equity of 328.60%. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.06 billion. During the same period last year, the company earned $0.84 earnings per share. The business’s revenue was down 3.4% compared to the same quarter last year.

Cheniere Energy Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, November 4th were issued a $0.035 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.14 annualized dividend and a dividend yield of 0.26%. Cheniere Energy Partners’s dividend payout ratio (DPR) is currently 66.95%.

Hedge Funds Weigh In On Cheniere Energy Partners

Several institutional investors have recently modified their holdings of the business. Montchanin Asset Management LLC increased its stake in Cheniere Energy Partners by 2.6% during the 3rd quarter. Montchanin Asset Management LLC now owns 19,515 shares of the company’s stock worth $951,000 after purchasing an additional 500 shares in the last quarter. Empowered Funds LLC increased its position in shares of Cheniere Energy Partners by 3.4% during the third quarter. Empowered Funds LLC now owns 31,514 shares of the company’s stock worth $1,535,000 after acquiring an additional 1,043 shares in the last quarter. Millburn Ridgefield Corp acquired a new stake in shares of Cheniere Energy Partners during the third quarter worth $116,000. Larson Financial Group LLC bought a new stake in Cheniere Energy Partners in the 3rd quarter valued at $146,000. Finally, BIP Wealth LLC acquired a new position in Cheniere Energy Partners in the 3rd quarter worth $244,000. Institutional investors own 46.55% of the company’s stock.

Cheniere Energy Partners Company Profile

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.