From MarketBeat:

Shares of Cheniere Energy Partners, L.P. (NYSEAMERICAN:CQP) received an average rating of “Reduce” from six analysts. Four analysts issued a sell recommendation, one offered a hold recommendation, and one rated the company as a buy. The average 12-month target price among analysts is $48.83.

CQP stock opened at $53.00. The company has a market cap of $25.65 billion, a P/E ratio of 5.22, and a beta of 0.74. The 50-day moving average is $46.55. The one-year low is $42.96 and the high is $62.34.

Cheniere Energy Partners last reported earnings of $0.60 EPS, $2.13 billion in revenue, and a net margin of 50.08%. Analysts expect the company to post 2.55 earnings per share for the current fiscal year.

The company also disclosed a $0.775 quarterly dividend, representing a $3.10 annualized dividend and a dividend yield of 5.85%, showing an improvement from the previous quarterly dividend of $0.26. Their dividend payout ratio is 30.51%.

Various hedge funds and institutional investors have recently made changes to their positions in Cheniere Energy Partners. The company owns the Sabine Pass LNG production terminal in Cameron Parish, Louisiana.

Cheniere Energy Partners’ news report covers important financial ratings and trading performance information for investors, plus a disclaimer regarding the relevance of this financial performance to individual investment strategies. It’s suggested to consider alternatives before investing.



Read more: Cheniere Energy Partners, L.P. (NYSEAMERICAN:CQP) Receives Average Recommendation of “Reduce” from Brokerages