Northland Securities Has Strong Forecast for EE Q2 Earnings

Excelerate Energy, Inc. (NYSE:EE) – Stock analysts at Northland Securities increased their Q2 2027 earnings per share (EPS) estimates for shares of Excelerate Energy in a note issued to investors on Friday, May 15th. Northland Securities analyst B. Brooks now anticipates that the company will post earnings of $0.56 per share for the quarter, up from their prior forecast of $0.55. The consensus estimate for Excelerate Energy’s current full-year earnings is $1.52 per share.

Excelerate Energy (NYSE:EE) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). The company had revenue of $433.44 million for the quarter, compared to the consensus estimate of $351.68 million. Excelerate Energy had a net margin of 2.98% and a return on equity of 3.85%. During the same quarter last year, the firm posted $0.49 earnings per share. The company’s revenue was up 37.6% compared to the same quarter last year.

A number of other analysts have also recently issued reports on EE. Morgan Stanley reduced their price objective on shares of Excelerate Energy from $41.00 to $40.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Wall Street Zen upgraded shares of Excelerate Energy from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Jefferies Financial Group upped their target price on shares of Excelerate Energy from $37.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Zacks Research cut Excelerate Energy from a “hold” rating to a “strong sell” rating in a report on Monday, April 27th. Finally, Dnb Carnegie downgraded Excelerate Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Excelerate Energy currently has an average rating of “Moderate Buy” and a consensus price target of $38.33.

Excelerate Energy Price Performance

Shares of NYSE:EE opened at $35.92 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.60 and a quick ratio of 2.60. Excelerate Energy has a 1-year low of $21.28 and a 1-year high of $43.17. The company has a market capitalization of $4.09 billion, a P/E ratio of 29.21, a P/E/G ratio of 1.30 and a beta of 1.32. The firm’s 50 day simple moving average is $34.29 and its two-hundred day simple moving average is $32.68.

Institutional Trading of Excelerate Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Arax Advisory Partners boosted its holdings in shares of Excelerate Energy by 791.9% during the 4th quarter. Arax Advisory Partners now owns 883 shares of the company’s stock valued at $25,000 after purchasing an additional 784 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Excelerate Energy in the third quarter worth about $30,000. Global Retirement Partners LLC purchased a new stake in shares of Excelerate Energy in the fourth quarter worth about $33,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Excelerate Energy in the third quarter worth about $38,000. Finally, Essex Investment Management Co. LLC bought a new position in Excelerate Energy during the fourth quarter valued at approximately $41,000. 21.79% of the stock is currently owned by institutional investors.

Insider Activity at Excelerate Energy

In related news, insider Oliver Simpson sold 6,000 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $34.15, for a total transaction of $204,900.00. Following the completion of the transaction, the insider owned 51,719 shares in the company, valued at approximately $1,766,203.85. This represents a 10.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.34% of the company’s stock.

Excelerate Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Wednesday, May 20th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, May 20th. Excelerate Energy’s payout ratio is 26.02%.

Excelerate Energy Company Profile

Excelerate Energy (NYSE: EE) is a Houston‐based energy infrastructure company specializing in liquefied natural gas (LNG) solutions. The company develops, owns and operates floating regasification units (FSRUs) that convert shipped LNG into natural gas for delivery into existing pipeline networks. Excelerate Energy’s integrated platform also includes specialized LNG carriers, proprietary regasification technology and on‐shore support facilities, enabling rapid deployment of import terminals without extensive capital construction.

Founded in the early 2000s, Excelerate Energy pioneered the first FSRU in 2007, demonstrating the flexibility and cost advantages of floating LNG import infrastructure.