New Fortress Energy P/E 2024

New Fortress Energy P/E

6.95

New Fortress Energy Dividend yield

12.72 %

Ticker

NFE

ISIN

US6443931000

WKN

A2PDNK

As of May 20, 2024, New Fortress Energy's P/E ratio was 6.95, a -33.81% change from the 10.5 P/E ratio recorded in the previous year.

The New Fortress Energy P/E history

New Fortress Energy Aktienanalyse

What does New Fortress Energy do?

New Fortress Energy Inc is a US-based company specializing in the production and sale of clean and affordable energy sources. The company was founded in 2014 by American investor Wes Edens, with the initial goal of building a gas station in Jamaica to meet the demand for affordable energy. Since then, the company has experienced exponential revenue and growth rates, and now meets the demand for clean energy sources worldwide. New Fortress Energy's core business is the production and sale of liquefied natural gas (LNG) and compressed natural gas (CNG) to customers in industries, commerce, and transportation. The company has three main divisions. The first division deals with the construction and operation of LNG terminals and facilities, providing a secure, clean, and cost-effective energy source. The second division includes transportation methods such as LNG tankers and CNG trucks, ensuring the transportation of the energy source. The third division focuses on the sale and distribution of LNG and CNG to customers in various industries. New Fortress Energy offers a wide range of products based on LNG and CNG that contribute to improved efficiency and environmental sustainability. This includes the sale of gas-powered vehicles, as well as the development and introduction of LNG-based power generation plants and power plants. These generate clean energy and reduce CO2 emissions, positively contributing to environmental preservation. Since its inception, the company has pursued sustainable growth and set a goal of reducing its CO2 emissions in the coming years. It is an important partner in implementing global climate goals. With its focus on efficiency and sustainability, the company has secured its position in the global market. It has become a leading global energy provider and has received multiple awards for its sustainability initiatives. New Fortress Energy has also gained significant recognition in politics and receives support from governments worldwide. In summary, New Fortress Energy is making a significant contribution to realizing a clean and sustainable energy future. With its wide range of products and innovative technology, it sets standards in the energy industry and supports the goal of energy security. Its strong commitment to the environment and sustainability, combined with strong growth potential, makes the company a promising player in this market. New Fortress Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering New Fortress Energy's P/E Ratio

The Price to Earnings (P/E) Ratio of New Fortress Energy is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing New Fortress Energy's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of New Fortress Energy is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in New Fortress Energy’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about New Fortress Energy Stock

What is the price-to-earnings ratio of New Fortress Energy?

The price-earnings ratio of New Fortress Energy is currently 6.95.

How has the price-earnings ratio of New Fortress Energy changed compared to last year?

The price-to-earnings ratio of New Fortress Energy has increased by -33.81% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of New Fortress Energy high compared to other companies?

Yes, the price-to-earnings ratio of New Fortress Energy is high compared to other companies.

How does an increase in the price-earnings ratio of New Fortress Energy affect the company?

An increase in the price-earnings ratio of New Fortress Energy would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of New Fortress Energy affect the company?

A decrease in the price-earnings ratio of New Fortress Energy would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of New Fortress Energy?

Some factors that influence the price-earnings ratio of New Fortress Energy are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does New Fortress Energy pay?

Over the past 12 months, New Fortress Energy paid a dividend of 3.4 USD . This corresponds to a dividend yield of about 12.72 %. For the coming 12 months, New Fortress Energy is expected to pay a dividend of 3.62 USD.

What is the dividend yield of New Fortress Energy?

The current dividend yield of New Fortress Energy is 12.72 %.

When does New Fortress Energy pay dividends?

New Fortress Energy pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of New Fortress Energy?

New Fortress Energy paid dividends every year for the past 10 years.

What is the dividend of New Fortress Energy?

For the upcoming 12 months, dividends amounting to 3.62 USD are expected. This corresponds to a dividend yield of 13.56 %.

In which sector is New Fortress Energy located?

New Fortress Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von New Fortress Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of New Fortress Energy from 6/27/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did New Fortress Energy pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of New Fortress Energy in the year 2023?

In the year 2023, New Fortress Energy distributed 0.4 USD as dividends.

In which currency does New Fortress Energy pay out the dividend?

The dividends of New Fortress Energy are distributed in USD.

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Andere Kennzahlen von New Fortress Energy

Our stock analysis for New Fortress Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of New Fortress Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.