NYSE:ENLC EnLink Midstream (ENLC) Stock Price, News & Analysis $13.79 +0.14 (+1.03%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$13.63▼$13.8350-Day Range$12.37▼$14.2252-Week Range$10.91▼$14.38Volume1.57 million shsAverage Volume1.89 million shsMarket Capitalization$6.22 billionP/E Ratio39.40Dividend Yield3.84%Price Target$15.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get EnLink Midstream alerts: Email Address EnLink Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside11.2% Upside$15.33 Price TargetShort InterestBearish3.82% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.92Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth17.74%From $0.62 to $0.73 Per ShareSee Full Details Hide Full Details 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.2.84 out of 5 starsOils/Energy Sector143rd out of 248 stocksNatural Gas Transmission Industry11th out of 18 stocks 2.4 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEnLink Midstream has only been the subject of 2 research reports in the past 90 days.Read more about EnLink Midstream's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.82% 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 4.7.Change versus previous monthShort interest in EnLink Midstream has recently increased by 2.65%, 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 3.85%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnLink Midstream does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of EnLink Midstream is 151.43%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, EnLink Midstream will have a dividend payout ratio of 72.60% next year. This indicates that EnLink Midstream will be able to sustain or increase its dividend.Read more about EnLink Midstream's 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 2.7 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 0.92. 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 0.50 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 -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EnLink Midstream insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.84% of the stock of EnLink Midstream is held by insiders.Percentage Held by Institutions45.87% of the stock of EnLink Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about EnLink Midstream's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to grow by 17.74% in the coming year, from $0.62 to $0.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is 39.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 39.40, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.75.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 2.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about EnLink Midstream's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.In answer to this issue, we have released a Special Report to the public. About EnLink Midstream Stock (NYSE:ENLC)EnLink Midstream, LLC provides midstream energy services in the United States. The company operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. It 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. In addition, the company's midstream energy asset network includes natural gas processing plants; fractionators; barge and rail terminals; product storage facilities; and brine disposal wells. EnLink Midstream, LLC was incorporated in 2013 and is based in Dallas, Texas.Read More ENLC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ENLC Stock News HeadlinesJuly 23 at 5:03 PM | prnewswire.comEnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss Second Quarter 2024 EarningsJuly 19, 2024 | markets.businessinsider.comHold Rating on EnLink Midstream Amidst Cautious Optimism and Modest Growth ProjectionsJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 17, 2024 | americanbankingnews.comBrokerages Set EnLink Midstream, LLC (NYSE:ENLC) Target Price at $15.33June 13, 2024 | seekingalpha.comEnLink Midstream: Getting Pulled Along By Data Centers And LNG ExportsMay 24, 2024 | finance.yahoo.comDespite shrinking by US$311m in the past week, EnLink Midstream (NYSE:ENLC) shareholders are still up 203% over 3 yearsMay 4, 2024 | finance.yahoo.comEnLink Midstream, LLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowMay 3, 2024 | seekingalpha.comEnLink Midstream: A Mixed Q1 Given A Mixed Asset BaseJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 2, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on EnLink Midstream (ENLC)May 2, 2024 | finance.yahoo.comEnLink Midstream First Quarter 2024 Earnings: Misses ExpectationsMay 2, 2024 | finance.yahoo.comEnLink Midstream, LLC (NYSE:ENLC) Q1 2024 Earnings Call TranscriptMay 2, 2024 | gurufocus.comQ1 2024 EnLink Midstream LLC Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comQ1 2024 EnLink Midstream LLC Earnings CallMay 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: EnLink Midstream (ENLC), US Silica Holdings (SLCA) and Marathon Petroleum (MPC)May 1, 2024 | seekingalpha.comEnLink Midstream, LLC 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | markets.businessinsider.comENLC Stock Earnings: EnLink Midstream Misses EPS, Misses Revenue for Q1 2024April 30, 2024 | finance.yahoo.comEnLink Midstream LLC (ENLC) Q1 2024 Earnings: A Detailed Financial ReviewSee 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 Company Calendar Ex-Dividend for 5/14 Dividend4/25/2024Last Earnings4/30/2024Dividend Payable5/14/2024Today7/26/2024Ex-Dividend for 8/14 Dividend8/02/2024Next Earnings (Confirmed)8/06/2024Dividend Payable8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNYSE:ENLC CUSIPN/A CIK1592000 Webwww.enlink.com Phone(214) 953-9500Fax214-953-9501Employees1,072Year FoundedN/APrice Target and Rating Average Stock Price Target$15.33 High Stock Price Target$17.00 Low Stock Price Target$14.00 Potential Upside/Downside+11.7%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.35 Trailing P/E Ratio39.23 Forward P/E Ratio22.15 P/E GrowthN/ANet Income$206.20 million Net Margins2.40% Pretax Margin5.22% Return on Equity8.58% Return on Assets2.75% Debt Debt-to-Equity Ratio1.76 Current Ratio0.78 Quick Ratio0.78 Sales & Book Value Annual Sales$6.90 billion Price / Sales0.90 Cash Flow$1.96 per share Price / Cash Flow7.02 Book Value$5.83 per share Price / Book2.36Miscellaneous Outstanding Shares451,300,000Free Float447,513,000Market Cap$6.20 billion OptionableOptionable Beta2.43 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Jesse Arenivas (Age 50)CEO & Director of Enlink Midstream Manager LLC Comp: $1.96MMr. Benjamin D. Lamb (Age 44)Executive VP & CFO of EnLink Midstream Manager, LLC Comp: $1.9MMr. Walter Pinto (Age 62)Executive VP & COO of EnLink Midstream Manager, LLC Comp: $1.32MMr. Adam S. Forman (Age 55)Executive VP, General Counsel & Secretary Comp: $834.82kMr. Dilanka SeimonExecutive VP & Chief Commercial OfficerMr. Jan Philipp Rossbach (Age 42)VP & Chief Accounting Officer Mr. Brian Joseph Brungardt Jr.C.F.A., Director of Investor RelationsMs. Jill McMillan-MelottVice President of Strategic Relations & Public AffairsMr. Justin GriffinSenior Vice President of Business & Corporate DevelopmentMs. Rhonda L. PriceSenior Vice President of Human Resources - Enlink Midstream Manager LLCMore ExecutivesKey CompetitorsWestern Midstream PartnersNYSE:WESDT MidstreamNYSE:DTMAntero MidstreamNYSE:AMKinetikNASDAQ:KNTKEquitrans MidstreamNYSE:ETRNView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 1,151 shares on 7/26/2024Ownership: 0.003%Catalyst Capital Advisors LLCBought 20,657 shares on 7/25/2024Ownership: 0.211%Hennessy Advisors Inc.Bought 360,400 shares on 7/23/2024Ownership: 0.549%Zhang Financial LLCBought 22,753 shares on 7/20/2024Ownership: 0.005%First Horizon Advisors Inc.Bought 853 shares on 7/20/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions ENLC Stock Analysis - Frequently Asked Questions How have ENLC shares performed this year? EnLink Midstream's stock was trading at $12.16 at the beginning of the year. Since then, ENLC shares have increased by 13.4% and is now trading at $13.79. View the best growth stocks for 2024 here. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) released its earnings results on Tuesday, April, 30th. The pipeline company reported $0.14 EPS for the quarter, meeting analysts' consensus estimates of $0.14. The pipeline company earned $1.65 billion during the quarter, compared to analysts' expectations of $1.79 billion. EnLink Midstream had a trailing twelve-month return on equity of 8.58% and a net margin of 2.40%. 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. Who are EnLink Midstream's major shareholders? Top institutional investors of EnLink Midstream include Chickasaw Capital Management LLC (3.24%), Hennessy Advisors Inc. (0.55%), Catalyst Capital Advisors LLC (0.21%) and Raymond James & Associates (0.03%). Insiders that own company stock include Benjamin D Lamb, Alaina K Brooks, Kyle D Vann, Jan Philipp Rossbach and Egypt Holdings Lp Wsip. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of EnLink Midstream own? Based on aggregate information from My MarketBeat watchlists, some other companies that EnLink Midstream investors own include Golar LNG Partners (GMLP), Washington Prime Group (WPG), Pennsylvania Real Estate Investment Trust (PEI), DHT (DHT), New Residential Investment (NRZ) and CNBX Pharmaceuticals (CNBX). 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