ENI (E) to Release Earnings on Wednesday

ENI (NYSE:E - Get Free Report) is projected to release its earnings data before the market opens on Wednesday, April 23rd. Analysts expect ENI to post earnings of $0.96 per share and revenue of $25.52 billion for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

ENI Price Performance

Shares of E stock traded up $0.28 during midday trading on Friday, reaching $27.76. 422,811 shares of the company were exchanged, compared to its average volume of 314,450. The company's 50 day moving average price is $29.08 and its two-hundred day moving average price is $28.95. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.27. The company has a market cap of $46.85 billion, a P/E ratio of 16.62, a PEG ratio of 1.86 and a beta of 0.73. ENI has a 12 month low of $24.65 and a 12 month high of $33.30.

ENI Increases Dividend

The company also recently announced a -- dividend, which will be paid on Monday, June 9th. Investors of record on Tuesday, May 20th will be issued a dividend of $0.5391 per share. This is a boost from ENI's previous -- dividend of $0.35. The ex-dividend date is Tuesday, May 20th. This represents a yield of 5.5%. ENI's payout ratio is presently 87.72%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on E. Morgan Stanley reiterated an "equal weight" rating and set a $31.60 price target (down from $37.50) on shares of ENI in a research report on Tuesday, January 7th. StockNews.com lowered ENI from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Finally, UBS Group downgraded shares of ENI from a "buy" rating to a "neutral" rating in a report on Wednesday, January 8th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, ENI currently has an average rating of "Hold" and a consensus price target of $31.60.

ENI Company Profile

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.