NYSE:ERF

Enerplus (ERF) Stock Price, News & Analysis

$20.22
-0.29 (-1.41%)
(As of 08:41 AM ET)
Today's Range
$20.22
$20.22
50-Day Range
$16.17
$20.67
52-Week Range
$13.46
$20.97
Volume
169 shs
Average Volume
2.92 million shs
Market Capitalization
$4.13 billion
P/E Ratio
9.63
Dividend Yield
1.29%
Price Target
$21.69

Enerplus MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
5.8% Upside
$21.69 Price Target
Short Interest
Healthy
1.15% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of Enerplus in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.07%
From $1.99 to $2.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.00 out of 5 stars

Oils/Energy Sector

164th out of 235 stocks

Crude Petroleum & Natural Gas Industry

58th out of 78 stocks

ERF stock logo

About Enerplus Stock (NYSE:ERF)

Enerplus Corporation, together with its subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada.

ERF Stock Price History

ERF Stock News Headlines

Enerplus (NYSE:ERF) Research Coverage Started at StockNews.com
AI finds its first serious application
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
AI finds its first serious application
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Enerplus: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/15 Dividend
3/01/2024
Dividend Payable
3/15/2024
Today
4/29/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
404
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.69
High Stock Price Target
$25.00
Low Stock Price Target
$18.85
Potential Upside/Downside
+5.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$456.08 million
Pretax Margin
33.49%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$4.23 per share
Book Value
$6.07 per share

Miscellaneous

Free Float
203,409,000
Market Cap
$4.19 billion
Optionable
Optionable
Beta
1.99
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Key Executives

  • Mr. Ian Charles Dundas B.Com. (Age 56)
    B.Comm., L.L.B., President, CEO & Non-Independent Director
    Comp: $1.6M
  • Ms. Jodine Julene-Jenson Labrie B.Com.
    B.Comm, C.A., CBV, Senior VP & CFO
  • Mr. Wade D. Hutchings (Age 51)
    Senior VP & COO
    Comp: $1.02M
  • Mr. David A. McCoy B.Comm.
    Llb, VP, General Counsel & Corporate Secretary
  • Drew Mair
    Manager of Investor Relations
  • Mr. Garth R. Doll
    Vice President of Marketing & Midstream
  • Ms. Pamela Anne Ramotowski
    Vice President of People & Culture
  • Ms. Shaina Brianne Morihira B.Com.
    C.A., CPA, Vice President of Finance

ERF Stock Analysis - Frequently Asked Questions

Should I buy or sell Enerplus stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ERF shares.
View ERF analyst ratings
or view top-rated stocks.

What is Enerplus' stock price target for 2024?

5 Wall Street analysts have issued 12 month target prices for Enerplus' stock. Their ERF share price targets range from $18.85 to $25.00. On average, they anticipate the company's share price to reach $21.69 in the next year. This suggests a possible upside of 5.8% from the stock's current price.
View analysts price targets for ERF
or view top-rated stocks among Wall Street analysts.

How have ERF shares performed in 2024?

Enerplus' stock was trading at $15.34 at the start of the year. Since then, ERF stock has increased by 33.7% and is now trading at $20.51.
View the best growth stocks for 2024 here
.

Are investors shorting Enerplus?

Enerplus saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,220,000 shares, an increase of 8.3% from the March 31st total of 2,050,000 shares. Based on an average daily trading volume, of 3,380,000 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.2% of the company's shares are sold short.
View Enerplus' Short Interest
.

When is Enerplus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ERF earnings forecast
.

How were Enerplus' earnings last quarter?

Enerplus Co. (NYSE:ERF) issued its earnings results on Wednesday, February, 21st. The oil and natural gas company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.01. The oil and natural gas company had revenue of $437.10 million for the quarter. Enerplus had a trailing twelve-month return on equity of 40.36% and a net margin of 27.67%.

How often does Enerplus pay dividends? What is the dividend yield for Enerplus?

Enerplus announced a quarterly dividend on Wednesday, February 21st. Investors of record on Monday, March 4th will be given a dividend of $0.13 per share on Friday, March 15th. This represents a $0.52 annualized dividend and a yield of 2.54%. The ex-dividend date of this dividend is Friday, March 1st. This is a boost from the stock's previous quarterly dividend of $0.06.
Read our dividend analysis for ERF
.

Is Enerplus a good dividend stock?

Enerplus (NYSE:ERF) pays an annual dividend of $0.26 per share and currently has a dividend yield of 1.27%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERF will have a dividend payout ratio of 11.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ERF.

What is Ian C. Dundas' approval rating as Enerplus' CEO?

22 employees have rated Enerplus Chief Executive Officer Ian C. Dundas on Glassdoor.com. Ian C. Dundas has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Enerplus own?
Who are Enerplus' major shareholders?

Enerplus' stock is owned by a variety of retail and institutional investors. Top institutional investors include Raymond James & Associates (0.17%), Allspring Global Investments Holdings LLC (0.13%), Grace & White Inc. NY (0.07%), Raymond James Financial Services Advisors Inc. (0.05%), GoalVest Advisory LLC (0.03%) and Albert D Mason Inc. (0.02%).

How do I buy shares of Enerplus?

Shares of ERF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ERF) was last updated on 4/29/2024 by MarketBeat.com Staff

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