ENI (E) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ENI in the last twelve months. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" E shares.
View E analyst ratings or view top-rated stocks.

12 brokers have issued twelve-month target prices for ENI's stock. Their E share price forecasts range from $15.70 to $19.00. On average, they predict the company's stock price to reach $16.83 in the next twelve months. This suggests that the stock has a possible downside of 40.5%.
View analysts price targets for E or view top-rated stocks among Wall Street analysts.

ENI's stock was trading at $28.66 at the start of the year. Since then, E shares have decreased by 1.2% and is now trading at $28.31.
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ENI saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 787,500 shares, a drop of 20.3% from the April 30th total of 987,900 shares. Based on an average daily trading volume, of 368,500 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.1% of the company's stock are sold short.
View ENI's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our E earnings forecast.

Eni S.p.A. (NYSE:E) posted its quarterly earnings data on Friday, October, 29th. The oil and gas exploration company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.21. The oil and gas exploration company earned $22.70 billion during the quarter. ENI had a trailing twelve-month return on equity of 23.35% and a net margin of 9.82%.

ENI announced a -- dividend on Tuesday, April 4th. Investors of record on Tuesday, May 23rd will be given a dividend of $0.4664 per share on Thursday, June 8th. This represents a yield of 5.4%. The ex-dividend date of this dividend is Monday, May 22nd. This is an increase from the stock's previous -- dividend of $0.46.
Read our dividend analysis for E.

ETFs with the largest weight of ENI (NYSE:E) stock in their portfolio include Pacer Developed Markets International Cash Cows 100 ETF (ICOW), Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA), Pacer Global Cash Cows Dividend ETF (GCOW), Global X Genomics & Biotechnology ETF (GNOM), Pacer Trendpilot European Index ETF (PTEU), Avantis International Large Cap Value ETF (AVIV), Pacer Trendpilot International ETF (PTIN) and Amplify Natural Resources Dividend Income ETF (NDIV).

ENI (NYSE:E) pays an annual dividend of $1.29 per share and currently has a dividend yield of 4.59%. E has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 17.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, E will have a dividend payout ratio of 22.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for E.

163 employees have rated ENI Chief Executive Officer Claudio Descalzi on Glassdoor.com. Claudio Descalzi has an approval rating of 93% among the company's employees. This puts Claudio Descalzi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ENI investors own include Energy Transfer (ET), Chevron (CVX), Walt Disney (DIS), Broadcom (AVGO), BP (BP), Enterprise Products Partners (EPD), Halliburton (HAL), International Business Machines (IBM) and Intel (INTC).

ENI trades on the New York Stock Exchange (NYSE) under the ticker symbol "E."

ENI's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Arrowstreet Capital Limited Partnership (0.13%), Natixis Advisors L.P. (0.08%), Envestnet Asset Management Inc. (0.08%), Macquarie Group Ltd. (0.07%), Pacer Advisors Inc. (0.06%) and Bank of America Corp DE (0.05%).
View institutional ownership trends.

Shares of E 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.
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One share of E stock can currently be purchased for approximately $28.31.

ENI (NYSE:E) has a market capitalization of $50.55 billion and generates $140.59 billion in revenue each year. The oil and gas exploration company earns $14.63 billion in net income (profit) each year or $7.54 on an earnings per share basis.

The company employs 32,188 workers across the globe.

ENI's mailing address is PIAZZALE ENRICO MATTEI 1, ROME ITALY L6, 00144. The official website for the company is www.eni.com. The oil and gas exploration company can be reached via phone at 39659821, via email at investor.relations@eni.com, or via fax at 39-06-5982-2575.