Top-Rated Dividend StocksTop-Rated DividendNYSE:ENLC EnLink Midstream (ENLC) Stock Forecast, Price & News $10.38 +0.14 (+1.37%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$10.10▼$10.4450-Day Range$8.47▼$11.1452-Week Range$7.77▼$13.58Volume1.51 million shsAverage Volume2.33 million shsMarket Capitalization$4.84 billionP/E Ratio13.14Dividend Yield4.82%Price Target$14.60 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EnLink Midstream MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside40.7% Upside$14.60 Price TargetShort InterestHealthy4.74% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.54Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth30.19%From $0.53 to $0.69 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.2.89 out of 5 starsOils/Energy Sector38th out of 240 stocksNatural Gas Transmission Industry2nd out of 17 stocks 3.4 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.60, EnLink Midstream has a forecasted upside of 40.7% from its current price of $10.38.Amount of Analyst CoverageEnLink Midstream has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.74% 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 4.9.Change versus previous monthShort interest in EnLink Midstream has recently decreased by 8.41%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipEnLink Midstream is a leading dividend payer. It pays a dividend yield of 4.85%, 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 63.29%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, EnLink Midstream will have a dividend payout ratio of 72.46% next year. This indicates that EnLink Midstream will be able to sustain or increase its 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 1.4 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 0.54. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for EnLink Midstream this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added EnLink Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% 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 Institutions44.37% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to grow by 30.19% in the coming year, from $0.53 to $0.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is 13.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.33.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 13.14, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.04.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 1.67. 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 engages in transmission, processing and marketing of natural gas and crude oil. It operates through the following segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. The Permian segment includes natural gas gathering, processing, and transmission activities and crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico and crude operations in South Texas. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets located in Louisiana and crude oil operations in ORV. The Oklahoma segment includes natural gas gathering, processing, and transmission activities, and crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and CNOW shale areas. The North Texas segment includes natural gas gathering, processing, and transmission activities in North Texas. The Corporate segment includes investments in the Cedar Cove JV in Oklahoma, ownership interest in GCF in South Texas, derivative activity, and general corporate assets and expenses. The company was founded in October 2013 and is headquarteredRead More 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 Stock News HeadlinesJune 2, 2023 | msn.comUnusual Call Option Trade in Enlink Midstream LLC - Unit (ENLC) Worth $183.28KMay 23, 2023 | finance.yahoo.comEnLink Midstream (NYSE:ENLC) delivers shareholders incredible 73% CAGR over 3 years, surging 6.6% in the last week aloneJune 7, 2023 | UNKNOWN (Ad)Lithium Has Boomed And This American Stock Is Ready..Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!May 23, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for EnLink Midstream, LLC's Q2 2023 Earnings (NYSE:ENLC)May 21, 2023 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Research Coverage Started at StockNews.comMay 17, 2023 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Sees Strong Trading VolumeMay 16, 2023 | americanbankingnews.comEnLink Midstream, LLC (NYSE:ENLC) Given Consensus Recommendation of "Moderate Buy" by AnalystsMay 15, 2023 | seekingalpha.comEnLink Is A Steal At Sub $9June 7, 2023 | MarketBeat Internal (Ad)Get MarketBeat All Access Free for 30 DaysMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Try it free for 30 days.May 7, 2023 | americanbankingnews.comStifel Nicolaus Trims EnLink Midstream (NYSE:ENLC) Target Price to $14.00May 5, 2023 | nasdaq.comRBC Capital Maintains Enlink Midstream LLC - Unit (ENLC) Sector Perform RecommendationMay 5, 2023 | nasdaq.comStifel Maintains Enlink Midstream LLC - Unit (ENLC) Buy RecommendationMay 4, 2023 | finanznachrichten.deEnLink Midstream, LLC: EnLink Midstream Reports First Quarter 2023 ResultsMay 4, 2023 | markets.businessinsider.comEnLink Midstream (ENLC) Gets a Hold from RBC CapitalMay 2, 2023 | finance.yahoo.comEnLink Midstream Reports First Quarter 2023 ResultsMay 2, 2023 | finance.yahoo.comEnLink Midstream (ENLC) Meets Q1 Earnings EstimatesMay 1, 2023 | seekingalpha.comEnLink Midstream: Not The Best Yield, But Still Worth Buying For GrowthApril 30, 2023 | americanbankingnews.comEnLink Midstream Target of Unusually High Options Trading (NYSE:ENLC)April 27, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for EnLink Midstream, LLC (NYSE:ENLC) Cut by US Capital AdvisorsApril 27, 2023 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Given New $17.00 Price Target at Morgan StanleyApril 26, 2023 | msn.comMorgan Stanley Maintains Enlink Midstream LLC - Unit (ENLC) Overweight RecommendationApril 26, 2023 | americanbankingnews.comAnalysts Set EnLink Midstream, LLC (NYSE:ENLC) PT at $14.25April 25, 2023 | americanbankingnews.comEnLink Midstream (ENLC) Scheduled to Post Quarterly Earnings on TuesdayApril 21, 2023 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Cut to "Hold" at StockNews.comApril 19, 2023 | msn.comJP Morgan Maintains EnLink Midstream (ENLC) Neutral RecommendationApril 18, 2023 | finance.yahoo.comEnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2023 EarningsApril 18, 2023 | markets.businessinsider.comEnLink Midstream (ENLC) Receives a Hold from J.P. MorganSee More Headlines ENLC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ENLC Company Calendar Ex-Dividend for 5/12 Dividend4/27/2023Last Earnings5/02/2023Dividend Payable5/12/2023Today6/06/2023Next Earnings (Estimated)8/02/2023Fiscal 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$14.60 High Stock Price Forecast$17.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+40.7%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.79 Trailing P/E Ratio13.14 Forward P/E Ratio19.58 P/E GrowthN/ANet Income$361.30 million Net Margins4.23% Pretax Margin4.86% Return on Equity13.48% Return on Assets4.48% Debt Debt-to-Equity Ratio1.70 Current Ratio1.21 Quick Ratio1.21 Sales & Book Value Annual Sales$9.54 billion Price / Sales0.51 Cash Flow$2.17 per share Price / Cash Flow4.78 Book Value$6.21 per share Price / Book1.67Miscellaneous Outstanding Shares465,990,000Free Float462,075,000Market Cap$4.84 billion OptionableOptionable Beta2.54 Key ExecutivesJesse ArenivasChief Executive Officer & DirectorWalter PintoChief Operating Officer & Executive Vice PresidentBenjamin D. LambChief Financial Officer & Executive Vice PresidentPhilipp Jan RossbachChief Accounting Officer & Vice PresidentAlaina K. BrooksSecretary, Chief Legal & Administrative OfficerKey CompetitorsKinetikNASDAQ:KNTKDT MidstreamNYSE:DTMAntero MidstreamNYSE:AMEquitrans MidstreamNYSE:ETRNTransportadora de Gas del SurNYSE:TGSView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 22,957 shares on 5/26/2023Ownership: 0.005%JPMorgan Chase & Co.Bought 3,763,192 shares on 5/18/2023Ownership: 1.356%B. Riley Wealth Advisors Inc.Sold 2,034 shares on 5/17/2023Ownership: 0.020%First Trust Advisors LPSold 3,124 shares on 5/16/2023Ownership: 0.055%Greenland Capital Management LPBought 10,858 shares on 5/16/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions ENLC Stock - Frequently Asked Questions Should I buy or sell EnLink Midstream stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ENLC shares. View ENLC analyst ratings or view top-rated stocks. What is EnLink Midstream's stock price forecast for 2023? 5 brokerages have issued 12-month price objectives for EnLink Midstream's shares. Their ENLC share price forecasts range from $13.00 to $17.00. On average, they anticipate the company's stock price to reach $14.60 in the next year. This suggests a possible upside of 40.7% 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 stock has decreased by 15.6% and is now trading at $10.38. View the best growth stocks for 2023 here. Are investors shorting EnLink Midstream? EnLink Midstream saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 12,250,000 shares, a decrease of 10.9% from the April 15th total of 13,750,000 shares. Based on an average daily volume of 2,290,000 shares, the short-interest ratio is currently 5.3 days. Approximately 5.1% of the company's stock are short sold. 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 Wednesday, August 2nd 2023. View our ENLC earnings forecast. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) announced its quarterly earnings results on Tuesday, May, 2nd. The pipeline company reported $0.12 EPS for the quarter, meeting analysts' consensus estimates of $0.12. The pipeline company earned $1.77 billion during the quarter, compared to analysts' expectations of $2.17 billion. EnLink Midstream had a net margin of 4.23% and a trailing twelve-month return on equity of 13.48%. How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream? EnLink Midstream announced a quarterly dividend on Tuesday, April 18th. Stockholders of record on Friday, April 28th will be paid a dividend of $0.125 per share on Friday, May 12th. This represents a $0.50 annualized dividend and a dividend yield of 4.82%. The ex-dividend date is Thursday, April 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), Alerian Energy Infrastructure ETF (ENFR), USCF Midstream Energy Income Fund (UMI), Global X MLP ETF (MLPA), VanEck Energy Income ETF (EINC), Pacer American Energy Independence ETF (USAI) and Global X MLP & Energy Infrastructure ETF (MLPX). 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 4.85%. 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 63.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ENLC will have a dividend payout ratio of 72.46% next year. This indicates that the company will be able to sustain or increase its 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 many different retail and institutional investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (3.26%), Chickasaw Capital Management LLC (3.21%), Dimensional Fund Advisors LP (1.57%), Jennison Associates LLC (1.56%), JPMorgan Chase & Co. (1.36%) and Mirae Asset Global Investments Co. Ltd. (1.28%). Insiders that own company stock include Benjamin D Lamb, Egypt Holdings Lp Wsip, Goldman Sachs Group Inc 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 $10.38. How much money does EnLink Midstream make? EnLink Midstream (NYSE:ENLC) has a market capitalization of $4.84 billion and generates $9.54 billion in revenue each year. The pipeline company earns $361.30 million in net income (profit) each year or $0.79 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 6/7/2023 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. Adding EnLink Midstream, LLC Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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