Media coverage about Cheniere Energy Partners (NYSE:CQP) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cheniere Energy Partners earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.3911786397034 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern’s analysis:
A number of equities research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Cheniere Energy Partners from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. Scotiabank set a $34.00 target price on shares of Cheniere Energy Partners and gave the stock a “hold” rating in a report on Saturday, July 22nd. Morgan Stanley lowered shares of Cheniere Energy Partners from an “overweight” rating to an “equal weight” rating and set a $33.00 target price on the stock. in a report on Tuesday, June 13th. Barclays PLC restated an “overweight” rating and issued a $34.00 target price (up previously from $32.00) on shares of Cheniere Energy Partners in a report on Wednesday, April 19th. Finally, Sanford C. Bernstein assumed coverage on shares of Cheniere Energy Partners in a report on Tuesday, May 16th. They issued a “positive” rating and a $38.00 target price on the stock. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Cheniere Energy Partners currently has a consensus rating of “Hold” and an average target price of $35.00.
Shares of Cheniere Energy Partners (NYSE:CQP) traded up 0.78% during midday trading on Friday, reaching $28.51. 163,700 shares of the company’s stock were exchanged. Cheniere Energy Partners has a 12-month low of $25.97 and a 12-month high of $33.47. The stock’s market capitalization is $9.63 billion. The firm has a 50-day moving average of $30.55 and a 200-day moving average of $31.43.
Cheniere Energy Partners (NYSE:CQP) last issued its earnings results on Tuesday, August 8th. The company reported ($3.71) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by $4.19. The firm had revenue of $992 million during the quarter, compared to analysts’ expectations of $771.91 million. Cheniere Energy Partners had a return on equity of 42.56% and a net margin of 5.27%. Analysts anticipate that Cheniere Energy Partners will post $2.11 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, August 11th. Shareholders of record on Tuesday, August 1st were issued a $0.425 dividend. The ex-dividend date of this dividend was Friday, July 28th. This represents a $1.70 annualized dividend and a yield of 5.96%.
About Cheniere Energy Partners
Cheniere Energy Partners, L.P. (Cheniere Partners) is a limited partnership formed by Cheniere Energy, Inc (Cheniere). The Company operates through liquefaction and regasification operations at the Sabine Pass LNG terminal segment. Through its subsidiary, Sabine Pass Liquefaction, LLC (SPL), it is developing, constructing and operating natural gas liquefaction facilities (the Liquefaction Project) at the Sabine Pass LNG terminal located in Cameron Parish, Louisiana, on the Sabine-Neches Waterway less than four miles from the Gulf Coast.
The article first appeared in chaffeybreeze.com