Share on StockTwits

Cheniere Energy Partners (NYSE:CQP) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 535,171 shares, a decline of 2.7% from the July 15th total of 550,303 shares, American Banking News.com reports. Based on an average daily volume of 264,356 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.3% of the company’s shares are short sold.

A number of research firms have recently commented on CQP. Analysts at Raymond James initiated coverage on shares of Cheniere Energy Partners in a research note on Tuesday, June 10th. They set a “market perform” rating on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Cheniere Energy Partners in a research note on Monday, June 2nd. They now have a $38.00 price target on the stock, up previously from $37.00. Finally, analysts at RBC Capital raised their price target on shares of Cheniere Energy Partners from $36.00 to $39.00 in a research note on Monday, June 2nd. They now have an “outperform” rating on the stock. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Cheniere Energy Partners has an average rating of “Buy” and an average price target of $36.33.

Shares of Cheniere Energy Partners (NYSE:CQP) opened at 32.65 on Thursday. Cheniere Energy Partners has a 1-year low of $25.57 and a 1-year high of $34.60. The stock has a 50-day moving average of $32.56 and a 200-day moving average of $31.4. The company’s market cap is $11.029 billion.

Cheniere Energy Partners (NYSE:CQP) last issued its quarterly earnings data on Monday, August 4th. The company reported ($0.85) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.52) by $0.33. Analysts expect that Cheniere Energy Partners will post $-1.90 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, August 14th. Shareholders of record on Friday, August 1st will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date of this dividend is Wednesday, July 30th.

Cheniere Energy Partners, L.P. (NYSE:CQP) is a United States-based company, which operates three, 100%-owned, onshore liquefied natural gas, or LNG, receiving terminals along the U.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.