Excelerate Energy (NYSE:EE) Price Target Raised to $38.00

Excelerate Energy (NYSE:EE) had its target price hoisted by Wells Fargo & Company from $37.00 to $38.00 in a report published on Wednesday, MarketBeat Ratings reports. The brokerage currently has an equal weight rating on the stock.

A number of other analysts also recently commented on EE. Stephens reissued an “overweight” rating and issued a $45.00 price objective on shares of Excelerate Energy in a research note on Thursday, July 9th. Morgan Stanley set a $41.00 price objective on shares of Excelerate Energy in a research report on Friday, August 7th. Northland Securities set a $48.00 price objective on shares of Excelerate Energy in a research note on Friday, May 15th. Zacks Research upgraded shares of Excelerate Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Finally, The Goldman Sachs Group assumed coverage on Excelerate Energy in a research note on Wednesday, July 15th. They set a “buy” rating and a $49.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $40.73.

Excelerate Energy Stock Performance

Shares of NYSE EE opened at $36.60 on Wednesday. The stock has a market capitalization of $4.15 billion, a P/E ratio of 25.24, a P/E/G ratio of 1.25 and a beta of 1.22. Excelerate Energy has a 52-week low of $22.86 and a 52-week high of $43.17. The company has a quick ratio of 2.60, a current ratio of 1.80 and a debt-to-equity ratio of 0.52. The firm’s 50-day moving average price is $37.06 and its two-hundred day moving average price is $36.25.

Excelerate Energy (NYSE:EE) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. Excelerate Energy had a return on equity of 2.24% and a net margin of 3.23%.The firm had revenue of $329.27 million during the quarter, compared to the consensus estimate of $344.27 million. During the same period in the prior year, the business earned $0.34 EPS. The firm’s revenue was up 60.9% on a year-over-year basis. As a group, sell-side analysts forecast that Excelerate Energy will post 1.57 earnings per share for the current year.

Excelerate Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Wednesday, August 19th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This is a boost from Excelerate Energy’s previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a yield of 1.0%. Excelerate Energy’s payout ratio is presently 22.07%.

Hedge Funds Weigh In On Excelerate Energy

Hedge funds have recently bought and sold shares of the business. Ranger Investment Management L.P. acquired a new position in Excelerate Energy during the 2nd quarter worth $34,658,000. Great Lakes Advisors LLC bought a new position in Excelerate Energy in the 2nd quarter worth approximately $364,000. Empowered Funds LLC bought a new position in shares of Excelerate Energy during the 1st quarter worth about $1,028,000. NewEdge Advisors LLC acquired a new stake in Excelerate Energy during the first quarter worth about $326,000. Finally, Bank of America Corp DE grew its position in Excelerate Energy by 7.5% during the first quarter. Bank of America Corp DE now owns 150,160 shares of the company’s stock worth $5,018,000 after buying an additional 10,541 shares in the last quarter. 21.79% of the stock is owned by institutional investors and hedge funds.

More Excelerate Energy News

Here are the key news stories impacting Excelerate Energy this week:

• Positive Sentiment: Near-term earnings estimates raised: Northland Securities increased its 2026 third-quarter EPS forecast to $0.43 from $0.42 and its fourth-quarter estimate to $0.41 from $0.40. The firm also lifted its full-year 2026 EPS forecast to $1.59 from $1.58, above the broader consensus estimate of $1.57. Northland Securities estimate revisions
• Positive Sentiment: Brokerage sentiment remains constructive: Excelerate Energy received an average “Moderate Buy” rating from covering brokerages, which may support investor confidence. Excelerate Energy receives Moderate Buy rating
• Neutral Sentiment: Latest quarterly backdrop: Excelerate previously reported quarterly EPS of $0.37, exceeding the $0.35 consensus estimate, while revenue of $329.27 million fell short of the $344.27 million forecast. Revenue nevertheless increased 60.9% year over year, creating a mixed earnings picture for investors.
• Negative Sentiment: 2027 estimates were reduced: Northland Securities lowered its 2027 EPS forecast to $1.89 from $1.92. Its estimates for the first, third and fourth quarters of 2027 were also trimmed, indicating expectations for somewhat slower future earnings momentum. Northland Securities 2027 estimate revisions

About Excelerate Energy

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.