NASDAQ:ENLT Enlight Renewable Energy (ENLT) Stock Forecast, Price & News $16.80 +0.30 (+1.82%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$16.28▼$16.8050-Day Range$16.23▼$20.0452-Week Range$15.33▼$29.70Volume14,361 shsAverage Volume117,068 shsMarket Capitalization$1.94 billionP/E RatioN/ADividend YieldN/APrice Target$21.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Enlight Renewable Energy MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.0% Upside$21.50 Price TargetShort InterestHealthy0.15% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth16.98%From $0.53 to $0.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsOils/Energy Sector120th out of 232 stocksElectric Services Industry29th out of 39 stocks 3.5 Analyst's Opinion Consensus RatingEnlight Renewable Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.50, Enlight Renewable Energy has a forecasted upside of 28.0% from its current price of $16.80.Amount of Analyst CoverageEnlight Renewable Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.15% of the float of Enlight Renewable Energy has been sold short.Short Interest Ratio / Days to CoverEnlight Renewable Energy has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Enlight Renewable Energy has recently increased by 11.68%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEnlight Renewable Energy does not currently pay a dividend.Dividend GrowthEnlight Renewable Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENLT. Previous Next 2.9 News and Social Media Coverage News SentimentEnlight Renewable Energy has a news sentiment score of 1.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Enlight Renewable Energy this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for ENLT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Enlight Renewable Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Enlight Renewable Energy insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 32.92% of the stock of Enlight Renewable Energy is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Enlight Renewable Energy are expected to grow by 16.98% in the coming year, from $0.53 to $0.62 per share.Price to Earnings Growth RatioEnlight Renewable Energy has a PEG Ratio of 1.13. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About Enlight Renewable Energy (NASDAQ:ENLT) StockEnlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh HaAyin, Israel.Read More ENLT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ENLT Stock News HeadlinesSeptember 20, 2023 | americanbankingnews.comEnlight Renewable Energy Ltd (NASDAQ:ENLT) Short Interest Up 11.7% in AugustSeptember 11, 2023 | finance.yahoo.comEnlight Begins Commercial Operation of Its Second Combined Solar and Storage Project in IsraelSeptember 22, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!September 7, 2023 | finance.yahoo.comImplied Volatility Surging for Enlight Renewable (ENLT) Stock OptionsSeptember 6, 2023 | finance.yahoo.comEnlight Energy and Electra Power to Establish Joint Venture Supplying Clean Energy Directly to Residential Customers in IsraelAugust 30, 2023 | finance.yahoo.comArizona Public Service to Secure Power from CO Bar Solar, One of the Largest Solar Projects in the U.S.August 29, 2023 | finance.yahoo.comEnlight Announces Commercial Operation of Major Projects in Israel and Hungary, Including Enlight’s First Combined Solar and Storage ProjectAugust 24, 2023 | finance.yahoo.comEnlight to Participate in the Barclays CEO Energy Power ConferenceSeptember 22, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!August 24, 2023 | markets.businessinsider.comThe Rise of Solar: Top 3 Companies Paving the Way Into 2024August 18, 2023 | finance.yahoo.comEnlight Subsidiary Clēnera Begins Commercial Operations at Apex SolarAugust 9, 2023 | finance.yahoo.comEnlight Renewable Energy Reports Second Quarter 2023 Financial ResultsAugust 1, 2023 | finance.yahoo.comSodaStream and Enlight Sign Agreement For the Supply of Renewable EnergyJuly 31, 2023 | finance.yahoo.comSRP to Receive More Solar Energy from CO Bar Solar, One of the Largest Solar Projects in the U.S.July 25, 2023 | msn.comHere's Why Momentum in Enlight Renewable Energy Ltd. (ENLT) Should Keep goingJuly 19, 2023 | finance.yahoo.comEnlight to Report Second Quarter 2023 Financial Results on August 9, 2023July 13, 2023 | msn.comIsrael stocks higher at close of trade; TA 35 up 0.37%June 14, 2023 | finance.yahoo.comENLT - Enlight Renewable Energy LtdJune 12, 2023 | finance.yahoo.comEnlight Energizes the First Wind Turbine at Genesis Wind, Israel's Largest Renewable Energy ProjectJune 12, 2023 | finance.yahoo.comEnlight Energizes the First Wind Turbine at Genesis Wind, Israel's Largest Renewable Energy ProjectJune 6, 2023 | finance.yahoo.comEnlight Renewable Energy to Participate at the ROTH MKM 9th Annual London ConferenceMay 11, 2023 | investing.comEnlight Renewable Energy Ltd (ENLT)May 11, 2023 | finance.yahoo.comEnlight Renewable Energy Reports First Quarter 2023 Financial ResultsMay 4, 2023 | msn.comIsrael stocks lower at close of trade; TA 35 down 0.53%April 27, 2023 | finance.yahoo.comEnlight Renewable Energy to Participate at the Credit Suisse Renewables and Utilities ConferenceApril 20, 2023 | finance.yahoo.comEnlight Renewable Energy to Report First Quarter 2023 Financial Results on May 11, 2023April 16, 2023 | finance.yahoo.comEnlight Renewable Energy Ltd (ENLT.TA)See More Headlines Receive ENLT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Enlight Renewable Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address ENLT Company Calendar Last Earnings8/09/2023Today9/21/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:ENLT CUSIPN/A CIK1922641 Webwww.enlightenergy.co.il Phone972-3900-8700FaxN/AEmployees217Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.50 High Stock Price Forecast$22.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+28.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E Ratio31.49 P/E Growth1.13Net Income$24.75 million Net Margins25.17% Pretax Margin46.38% Return on Equity5.76% Return on Assets1.86% Debt Debt-to-Equity Ratio1.50 Current Ratio1.37 Quick Ratio1.37 Sales & Book Value Annual Sales$192.17 million Price / Sales10.04 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares115,580,000Free FloatN/AMarket Cap$1.93 billion OptionableNot Optionable BetaN/A 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Gilad Yavetz (Age 53)Co-Founder, CEO & Director Comp: $675kMr. Amit Paz (Age 57)Co-Founder and Sr. VP of Engineering, Contracting & Procurement Comp: $404kMr. Nir Yehuda (Age 69)Chief Financial Officer Comp: $397kMr. Ilan Goren (Age 50)VP of Global Project Devel., Israel Bus. Devel. & Construction Comp: $369kMs. Perach Lerner? VP of Regulation & Community RelationsMs. Ayelet Cohen IsraeliVP of OperationsMr. Yosef LefkovitzVP of Corp. Fin. and M&AMs. Lisa Haimovitz Adv. (Age 58)VP & Gen. Counsel Mr. Michael Avidan (Age 47)VP of North America & Pres of Enlight's U.S. Operations More ExecutivesKey CompetitorsReNew Energy GlobalNASDAQ:RNWAtlantica Sustainable InfrastructureNASDAQ:AYCentral PuertoNYSE:CEPUAltus PowerNYSE:AMPSOrmat TechnologiesNYSE:ORAView All CompetitorsInstitutional OwnershipBarclays PLCBought 20,764 shares on 9/21/2023Ownership: 0.018%Citadel Advisors LLCSold 47,047 shares on 8/15/2023Ownership: 0.697%Sphera Funds Management LTD.Sold 239,278 shares on 8/15/2023Ownership: 0.183%Goldman Sachs Group Inc.Sold 402,678 shares on 8/15/2023Ownership: 0.116%Tower Research Capital LLC TRC Bought 7,328 shares on 8/14/2023Ownership: 0.006%View All Institutional Transactions ENLT Stock - Frequently Asked Questions Should I buy or sell Enlight Renewable Energy stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enlight Renewable Energy in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ENLT shares. View ENLT analyst ratings or view top-rated stocks. What is Enlight Renewable Energy's stock price forecast for 2023? 5 Wall Street analysts have issued 12-month target prices for Enlight Renewable Energy's shares. Their ENLT share price forecasts range from $21.00 to $22.00. On average, they expect the company's share price to reach $21.50 in the next year. This suggests a possible upside of 28.8% from the stock's current price. View analysts price targets for ENLT or view top-rated stocks among Wall Street analysts. How have ENLT shares performed in 2023? Enlight Renewable Energy's stock was trading at $17.75 at the start of the year. Since then, ENLT shares have decreased by 6.0% and is now trading at $16.69. View the best growth stocks for 2023 here. Are investors shorting Enlight Renewable Energy? Enlight Renewable Energy saw a increase in short interest in August. As of August 31st, there was short interest totaling 171,100 shares, an increase of 11.7% from the August 15th total of 153,200 shares. Based on an average daily volume of 49,900 shares, the short-interest ratio is currently 3.4 days. Currently, 0.2% of the company's shares are sold short. View Enlight Renewable Energy's Short Interest. When is Enlight Renewable Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our ENLT earnings forecast. How were Enlight Renewable Energy's earnings last quarter? Enlight Renewable Energy Ltd (NASDAQ:ENLT) released its quarterly earnings data on Wednesday, August, 9th. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The business earned $52.56 million during the quarter, compared to analysts' expectations of $69.08 million. Enlight Renewable Energy had a net margin of 25.17% and a trailing twelve-month return on equity of 5.76%. What ETF holds Enlight Renewable Energy's stock ? TrueShares Eagle Global Renewable Energy Income ETF holds 3,253 shares of ENLT stock, representing 1.93% of its portfolio. What guidance has Enlight Renewable Energy issued on next quarter's earnings? Enlight Renewable Energy updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $265.00 million-$275.00 million, compared to the consensus revenue estimate of $300.00 million. When did Enlight Renewable Energy IPO? (ENLT) raised $252 million in an IPO on Friday, February 10th 2023. The company issued 14,000,000 shares at a price of $18.00 per share. What is Enlight Renewable Energy's stock symbol? Enlight Renewable Energy trades on the NASDAQ under the ticker symbol "ENLT." When did the company's lock-up period expire? Enlight Renewable Energy's lock-up period expired on Wednesday, August 9th. Enlight Renewable Energy had issued 14,000,000 shares in its public offering on February 10th. The total size of the offering was $252,000,000 based on an initial share price of $18.00. Since the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted. Who are Enlight Renewable Energy's major shareholders? Enlight Renewable Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Clal Insurance Enterprises Holdings Ltd (5.50%), Altshuler Shaham Ltd (5.47%), Meitav Investment House Ltd. (5.20%), Meitav Investment House Ltd. (5.20%), Harel Insurance Investments & Financial Services Ltd. (0.78%) and Citadel Advisors LLC (0.70%). How do I buy shares of Enlight Renewable Energy? Shares of ENLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Enlight Renewable Energy's stock price today? One share of ENLT stock can currently be purchased for approximately $16.69. How much money does Enlight Renewable Energy make? Enlight Renewable Energy (NASDAQ:ENLT) has a market capitalization of $1.93 billion and generates $192.17 million in revenue each year. How many employees does Enlight Renewable Energy have? The company employs 217 workers across the globe. How can I contact Enlight Renewable Energy? The official website for the company is www.enlightenergy.co.il. The company can be reached via phone at 972-3900-8700. This page (NASDAQ:ENLT) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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