NYSE:ENLC EnLink Midstream (ENLC) Stock Forecast, Price & News $12.42 -0.07 (-0.56%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$12.31▼$12.5750-Day Range$11.26▼$12.7452-Week Range$8.45▼$13.58Volume2.10 million shsAverage Volume2.47 million shsMarket Capitalization$5.73 billionP/E Ratio16.78Dividend Yield4.03%Price Target$13.89 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EnLink Midstream MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside11.9% Upside$13.89 Price TargetShort InterestBearish5.84% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.85Based on 4 Articles This WeekInsider TradingSelling Shares$2.49 M Sold Last QuarterProj. Earnings Growth22.45%From $0.49 to $0.60 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.2.27 out of 5 starsOils/Energy Sector113th out of 245 stocksNatural Gas Transmission Industry9th out of 19 stocks 2.3 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.89, EnLink Midstream has a forecasted upside of 11.9% from its current price of $12.41.Amount of Analyst CoverageEnLink Midstream has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.84% of the float of EnLink Midstream has been sold short.Short Interest Ratio / Days to CoverEnLink Midstream has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in EnLink Midstream has recently increased by 1.83%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipEnLink Midstream is a leading dividend payer. It pays a dividend yield of 4.06%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnLink Midstream has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of EnLink Midstream is 67.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, EnLink Midstream will have a dividend payout ratio of 83.33% in the coming year. This indicates that EnLink Midstream may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENLC. Previous Next 3.3 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 0.85. 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 0.63 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for EnLink Midstream this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for ENLC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows3 people have added EnLink Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EnLink Midstream insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,488,014.00 in company stock.Percentage Held by InsidersOnly 0.84% of the stock of EnLink Midstream is held by insiders.Percentage Held by Institutions44.80% of the stock of EnLink Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to grow by 22.45% in the coming year, from $0.49 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is 16.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.73.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 16.77, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.42.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About EnLink Midstream (NYSE:ENLC) StockEnLink Midstream, LLC provides midstream energy services in the United States. It operates through five segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. Its midstream energy asset network includes natural gas processing plants; fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.Read More ENLC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ENLC Stock News HeadlinesSeptember 25, 2023 | finance.yahoo.comEnLink Midstream LLC (ENLC): Is It Truly Worth Its Current Market Price?September 24, 2023 | finance.yahoo.comShould We Be Cautious About EnLink Midstream, LLC's (NYSE:ENLC) ROE Of 18%?September 28, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 22, 2023 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) versus Frontline (NYSE:FRO) Head to Head ComparisonSeptember 18, 2023 | americanbankingnews.comEnLink Midstream, LLC (NYSE:ENLC) Receives Consensus Recommendation of "Moderate Buy" from BrokeragesSeptember 11, 2023 | msn.comEnLink Midstream: Low Yield, But Some Growth In CCS BusinessSeptember 6, 2023 | finance.yahoo.comUnveiling EnLink Midstream LLC (ENLC)'s Value: Is It Really Priced Right? A Comprehensive GuideAugust 27, 2023 | finance.yahoo.comHere's Why We Think EnLink Midstream (NYSE:ENLC) Is Well Worth WatchingSeptember 28, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsAugust 23, 2023 | markets.businessinsider.comEnLink Midstream (ENLC) Receives a New Rating from a Top AnalystAugust 11, 2023 | finance.yahoo.comEnLink Midstream Names Chief Commercial OfficerAugust 10, 2023 | seekingalpha.comEnLink Midstream, LLC 2023 Q2 - Results - Earnings Call PresentationAugust 7, 2023 | finance.yahoo.comWhat Does The Future Hold For EnLink Midstream, LLC (NYSE:ENLC)? These Analysts Have Been Cutting Their EstimatesAugust 5, 2023 | insidermonkey.comEnLink Midstream, LLC (NYSE:ENLC) Q2 2023 Earnings Call TranscriptAugust 5, 2023 | markets.businessinsider.comEnLink Midstream (ENLC) Receives a Rating Update from a Top AnalystAugust 4, 2023 | markets.businessinsider.comMizuho Securities Reaffirms Their Hold Rating on EnLink Midstream (ENLC)August 3, 2023 | msn.comExxon Mobil Top Stories: EnLink Midstream's Sustainability Report, Lithium Supply Chain Talks and Global Lubricants Market ReportAugust 1, 2023 | finance.yahoo.comEnLink Midstream Reports Second Quarter 2023 ResultsAugust 1, 2023 | finance.yahoo.comEnLink Midstream Issues Fifth Annual Sustainability ReportAugust 1, 2023 | benzinga.comA Preview Of EnLink Midstream's EarningsJuly 22, 2023 | finance.yahoo.comEnLink Midstream (NYSE:ENLC) Is Increasing Its Dividend To $0.125July 18, 2023 | finance.yahoo.comEnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss Second Quarter 2023 EarningsJuly 11, 2023 | msn.comMorgan Stanley Reiterates Enlink Midstream LLC - Unit (ENLC) Overweight RecommendationJune 29, 2023 | msn.comJP Morgan Maintains Enlink Midstream LLC - Unit (ENLC) Neutral RecommendationJune 27, 2023 | seekingalpha.comEnLink Midstream: Riding The Wave Of LNG Export GrowthJune 26, 2023 | markets.businessinsider.comAnalyst Expectations for EnLink Midstream's FutureJune 25, 2023 | msn.comThese High-Yield Dividend Stocks Could Deliver Monster ReturnsSee More Headlines Receive ENLC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EnLink Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address ENLC Company Calendar Ex-Dividend for 8/11 Dividend7/27/2023Last Earnings8/01/2023Dividend Payable8/11/2023Today9/28/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:ENLC CUSIPN/A CIK1592000 Webwww.enlink.com Phone(214) 953-9500Fax214-953-9501Employees1,132Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.89 High Stock Price Forecast$17.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+11.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.74 Trailing P/E Ratio16.78 Forward P/E Ratio25.35 P/E GrowthN/ANet Income$361.30 million Net Margins4.41% Pretax Margin5.34% Return on Equity12.55% Return on Assets4.16% Debt Debt-to-Equity Ratio1.67 Current Ratio0.98 Quick Ratio0.98 Sales & Book Value Annual Sales$9.54 billion Price / Sales0.60 Cash Flow$2.18 per share Price / Cash Flow5.71 Book Value$6.21 per share Price / Book2.00Miscellaneous Outstanding Shares461,500,000Free Float457,621,000Market Cap$5.73 billion OptionableOptionable Beta2.53 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Jesse Arenivas (Age 49)CEO & Director of Enlink Midstream Mang. LLC Comp: $2.5MMr. Benjamin D. Lamb (Age 43)Exec. VP & CFO of EnLink Midstream Mang., LLC Comp: $1.92MMr. Walter Pinto (Age 61)Exec. VP & COO of EnLink Midstream Mang., LLC Comp: $900.49kMr. Jan Philipp Rossbach (Age 41)VP & Chief Accounting Officer Mr. Brian Joseph Brungardt Jr.C.F.A., Director of Investor RelationsMs. Jill McMillan-MelottVP of Strategic Relations & Public AffairsMr. Justin GriffinSr. VP of Bus. & Corp. Devel.Ms. Rhonda L. PriceSr. VP of HR - Enlink Midstream Mang. LLCMr. Michael S. BurdettSr. VP of TexasMr. Christopher H. TennantSr. VP of LouisianaMore ExecutivesKey CompetitorsAntero MidstreamNYSE:AMDT MidstreamNYSE:DTMKinetikNASDAQ:KNTKEquitrans MidstreamNYSE:ETRNUSA Compression PartnersNYSE:USACView All CompetitorsInsiders & InstitutionsBROOKFIELD Corp ON Bought 1,227,110 shares on 9/26/2023Ownership: 0.477%Barclays PLCSold 643,119 shares on 9/21/2023Ownership: 0.219%Segment Wealth Management LLCBought 15,070 shares on 8/22/2023Ownership: 0.027%Virginia Retirement Systems ET ALBought 76,900 shares on 8/22/2023Ownership: 0.017%Comerica BankBought 2,399 shares on 8/22/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions ENLC Stock - Frequently Asked Questions Should I buy or sell EnLink Midstream stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ENLC shares. View ENLC analyst ratings or view top-rated stocks. What is EnLink Midstream's stock price forecast for 2023? 6 brokers have issued twelve-month target prices for EnLink Midstream's shares. Their ENLC share price forecasts range from $12.00 to $17.00. On average, they anticipate the company's stock price to reach $13.89 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View analysts price targets for ENLC or view top-rated stocks among Wall Street analysts. How have ENLC shares performed in 2023? EnLink Midstream's stock was trading at $12.30 at the start of the year. Since then, ENLC shares have increased by 1.0% and is now trading at $12.42. View the best growth stocks for 2023 here. Are investors shorting EnLink Midstream? EnLink Midstream saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 13,130,000 shares, a drop of 7.9% from the August 15th total of 14,250,000 shares. Based on an average trading volume of 2,440,000 shares, the days-to-cover ratio is currently 5.4 days. Currently, 5.7% of the company's shares are sold short. View EnLink Midstream's Short Interest. When is EnLink Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our ENLC earnings forecast. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) issued its quarterly earnings data on Tuesday, August, 1st. The pipeline company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The pipeline company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.91 billion. EnLink Midstream had a trailing twelve-month return on equity of 12.55% and a net margin of 4.41%. How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream? EnLink Midstream announced a quarterly dividend on Tuesday, July 18th. Stockholders of record on Friday, July 28th will be given a dividend of $0.125 per share on Friday, August 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend is Thursday, July 27th. Read our dividend analysis for ENLC. What ETFs hold EnLink Midstream's stock? ETFs with the largest weight of EnLink Midstream (NYSE:ENLC) stock in their portfolio include InfraCap MLP ETF (AMZA), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), USCF Midstream Energy Income Fund (UMI), Pacer American Energy Independence ETF (USAI), Alerian Energy Infrastructure ETF (ENFR), Global X MLP & Energy Infrastructure ETF (MLPX) and VanEck Energy Income ETF (EINC). Is EnLink Midstream a good dividend stock? EnLink Midstream (NYSE:ENLC) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.06%. ENLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 67.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, ENLC will have a dividend payout ratio of 83.33% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for ENLC. What is Barry Davis' approval rating as EnLink Midstream's CEO? 18 employees have rated EnLink Midstream Chief Executive Officer Barry Davis on Glassdoor.com. Barry Davis has an approval rating of 43% among the company's employees. This puts Barry Davis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of EnLink Midstream own? Based on aggregate information from My MarketBeat watchlists, some companies that other EnLink Midstream investors own include Golar LNG Partners (GMLP), Washington Prime Group (WPG), Gran Tierra Energy (GTE), Pennsylvania Real Estate Investment Trust (PEI), DHT (DHT), New Residential Investment (NRZ), CNBX Pharmaceuticals (CNBX), ADMA Biologics (ADMA), CBL & Associates Properties (CBL) and Matinas BioPharma (MTNB). What is EnLink Midstream's stock symbol? EnLink Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENLC." Who are EnLink Midstream's major shareholders? EnLink Midstream's stock is owned by a number of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (3.69%), Chickasaw Capital Management LLC (3.19%), Mirae Asset Global Investments Co. Ltd. (1.57%), Dimensional Fund Advisors LP (1.41%), JPMorgan Chase & Co. (1.23%) and Westwood Holdings Group Inc. (0.77%). Insiders that own company stock include Alaina K Brooks, Benjamin D Lamb, Egypt Holdings Lp Wsip, Goldman Sachs Group Inc, Jan Philipp Rossbach and Kyle D Vann. View institutional ownership trends. How do I buy shares of EnLink Midstream? Shares of ENLC 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 EnLink Midstream's stock price today? One share of ENLC stock can currently be purchased for approximately $12.42. How much money does EnLink Midstream make? EnLink Midstream (NYSE:ENLC) has a market capitalization of $5.73 billion and generates $9.54 billion in revenue each year. The pipeline company earns $361.30 million in net income (profit) each year or $0.74 on an earnings per share basis. How many employees does EnLink Midstream have? The company employs 1,132 workers across the globe. How can I contact EnLink Midstream? EnLink Midstream's mailing address is 1722 ROUTH STREET SUITE 1300, DALLAS TX, 75201. The official website for the company is www.enlink.com. The pipeline company can be reached via phone at (214) 953-9500, via email at kate.walsh@enlink.com, or via fax at 214-953-9501. This page (NYSE:ENLC) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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