NYSE:ENLC EnLink Midstream Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $8.29 -0.53 (-6.01%) (As of 07/5/2022 12:00 AM ET) Add Compare Share Today's Range$8.01▼$8.5950-Day Range$8.00▼$11.7352-Week Range$4.78▼$11.85Volume2.53 million shsAverage Volume2.76 million shsMarket Capitalization$4.01 billionP/E Ratio59.21Dividend Yield5.10%Price Target$10.17 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EnLink Midstream MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside22.6% Upside$10.17 Price TargetShort InterestBearish5.80% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth58.06%From $0.31 to $0.49 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.49 out of 5 starsOils/Energy Sector207th out of 390 stocksNatural Gas Transmission Industry15th out of 31 stocks 2.0 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.17, EnLink Midstream has a forecasted upside of 22.6% from its current price of $8.29.Amount of Analyst CoverageEnLink Midstream has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.80% 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 6.Change versus previous month Previous Next 1.7 Dividend Strength Dividend LeadershipEnLink Midstream is a leading dividend payer. It pays a dividend yield of 5.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnLink Midstream has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of EnLink Midstream is 321.43%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, EnLink Midstream will have a dividend payout ratio of 91.84% in the coming year. This indicates that EnLink Midstream may not be able to sustain their current dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENLC. Previous Next 1.1 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 0.00. 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 lower news sentiment than the 0.58 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for EnLink Midstream this week, compared to 2 articles on an average week.Search InterestOnly 12 people have searched for ENLC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added EnLink Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 0.0 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 InstitutionsOnly 39.98% of the stock of EnLink Midstream is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to grow by 58.06% in the coming year, from $0.31 to $0.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is 59.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 80.87.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 59.21, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 53.95.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 1.34. 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 View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 About EnLink Midstream (NYSE:ENLC) StockEnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; 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 Stock News HeadlinesJuly 1, 2022 | seekingalpha.comBuy The EnLink Midstream SelloffJune 22, 2022 | finance.yahoo.comDo Options Traders Know Something About EnLink Midstream (ENLC) Stock We Don't?June 20, 2022 | finance.yahoo.comEnLink Midstream (ENLC) Loses 16.1% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerJune 18, 2022 | finance.yahoo.comEnLink Midstream, LLC's (NYSE:ENLC) Intrinsic Value Is Potentially 73% Above Its Share PriceJune 15, 2022 | finance.yahoo.comJesse Arenivas named new CEO at EnLink MidstreamJune 15, 2022 | benzinga.com2MLP Monthly Report: June 2022June 14, 2022 | marketwatch.comEnLink Midstream Announces Retirement Of Chairman And CEO Barry Davis, Names Jesse Arenivas As New CEO >ENLCJune 14, 2022 | seekingalpha.comEnLink Midstream names Jesse Arenivas as new CEO; Leldon E. Echols is the new Board ChairmanJune 14, 2022 | nasdaq.comEnLink Midstream Names Jesse Arenivas New CEO As Barry Davis To RetireJune 13, 2022 | seekingalpha.comEnLink Midstream: Back In Growth ModeJune 10, 2022 | finance.yahoo.comHoneywell (HON) Joins EnLink to Market Carbon Capture SolutionJune 10, 2022 | finance.yahoo.comWhy Fast-paced Mover EnLink Midstream (ENLC) Is a Great Choice for Value InvestorsJune 9, 2022 | finance.yahoo.comBKV CORPORATION AND ENLINK MIDSTREAM PARTNER ON CARBON SEQUESTRATION PROJECT IN THE BARNETT SHALEJune 6, 2022 | msn.comShort Volatility Alert: EnLink Midstream, LLCJune 2, 2022 | finance.yahoo.comEnLink Midstream (ENLC) is a Great Momentum Stock: Should You Buy?June 1, 2022 | nasdaq.comAre Oils-Energy Stocks Lagging EnLink Midstream (ENLC) This Year?May 27, 2022 | markets.businessinsider.comWhat 8 Analyst Ratings Have To Say About EnLink MidstreamMay 27, 2022 | bizjournals.comHouston firm to expand in Delaware Basin, exit Barnett Shale in nearly $1B in deals — including with Dallas firmMay 26, 2022 | finance.yahoo.comCrestwood Announces Strategic Delaware Basin Acquisitions and Divestiture of its Non-Core Barnett Shale AssetsMay 25, 2022 | benzinga.comEnLink Midstream Agrees to Acquire North Texas...May 25, 2022 | seekingalpha.comCrestwood to buy Delaware Basin assets, sell Barnett Shale holdings to EnLinkMay 24, 2022 | finance.yahoo.comWill EnLink Midstream (ENLC) Gain on Rising Earnings Estimates?May 22, 2022 | finance.yahoo.comThese High-Yield Stocks Are Teaming Up to Add More Fuel to Grow Their DividendsMay 20, 2022 | nasdaq.comEnLink moves forward with Permian-Houston natgas pipeline projectMay 19, 2022 | seekingalpha.comEnLink, partners to proceed with Permian Basin gas pipeline projectSee More Headlines Industry, 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) 953-9500Fax214-953-9501Employees1,073Year FoundedN/ACompany Calendar Ex-Dividend for 5/13 Dividend4/28/2022Last Earnings5/03/2022Dividend Payable5/13/2022Today7/06/2022Next Earnings (Estimated)8/02/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$10.17 High Stock Price Forecast$13.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+22.6%Consensus RatingHold Rating Score (0-4)2 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.14 Trailing P/E Ratio59.21 Forward P/E Ratio26.74 P/E GrowthN/ANet Income$22.40 million Net Margins0.92% Pretax Margin2.92% Return on Equity2.33% Return on Assets0.82% Debt Debt-to-Equity Ratio1.48 Current Ratio0.99 Quick Ratio0.99 Sales & Book Value Annual Sales$6.69 billion Price / Sales0.60 Cash Flow$1.26 per share Price / Cash Flow6.60 Book Value$6.17 per share Price / Book1.34Miscellaneous Outstanding Shares484,000,000Free Float479,938,000Market Cap$4.01 billion OptionableOptionable Beta2.76 EnLink Midstream Frequently Asked Questions Should I buy or sell EnLink Midstream stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EnLink Midstream stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENLC, but not buy additional shares or sell existing shares. View analyst ratings for EnLink Midstream or view top-rated stocks. What is EnLink Midstream's stock price forecast for 2022? 7 Wall Street analysts have issued 12-month price targets for EnLink Midstream's shares. Their ENLC stock forecasts range from $7.00 to $13.00. On average, they expect EnLink Midstream's share price to reach $10.17 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View analysts' price targets for EnLink Midstream or view top-rated stocks among Wall Street analysts. How has EnLink Midstream's stock performed in 2022? EnLink Midstream's stock was trading at $6.89 at the beginning of 2022. Since then, ENLC stock has increased by 20.3% and is now trading at $8.29. View the best growth stocks for 2022 here. When is EnLink Midstream's next earnings date? EnLink Midstream is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022. View our earnings forecast for EnLink Midstream. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) announced its quarterly earnings data on Tuesday, May, 3rd. The pipeline company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. The pipeline company had revenue of $2.23 billion for the quarter, compared to analysts' expectations of $1.72 billion. EnLink Midstream had a net margin of 0.92% and a trailing twelve-month return on equity of 2.33%. View EnLink Midstream's earnings history. How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream? EnLink Midstream declared a quarterly dividend on Tuesday, April 19th. Shareholders of record on Friday, April 29th will be paid a dividend of $0.112 per share on Friday, May 13th. This represents a $0.45 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date is Thursday, April 28th. View EnLink Midstream's dividend history. Is EnLink Midstream a good dividend stock? EnLink Midstream(NYSE:ENLC) pays an annual dividend of $0.45 per share and currently has a dividend yield of 5.10%. ENLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. EnLink Midstream does not yet have a strong track record of dividend growth. The dividend payout ratio of EnLink Midstream is 321.43%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EnLink Midstream will have a dividend payout ratio of 91.84% in the coming year. This indicates that EnLink Midstream may not be able to sustain their current dividend. View EnLink Midstream's dividend history. Who are EnLink Midstream's key executives? EnLink Midstream's management team includes the following people: Mr. Barry E. Davis, Chairman & CEO of EnLink Midstream Mang. LLC (Age 60, Pay $2.94M)Mr. Pablo G. Mercado, Exec. VP & CFO of EnLink Midstream GP LLC (Age 45, Pay $1.33M)Mr. Benjamin D. Lamb, Exec. VP & COO of EnLink Midstream Mang. LLC (Age 42, Pay $1.58M)Ms. Alaina K. Brooks, Exec. VP, Chief Legal & Admin. Officer and Sec. of EnLink Midstream Mang. LLC (Age 47, Pay $1.36M)Mr. Jan Philipp Rossbach, VP & Chief Accounting Officer (Age 40)Mr. Brian Joseph Brungardt Jr., C.F.A., Director of Investor RelationsMr. Jill McMillan, VP of Strategic Relations & Public AffairsMr. Justin Griffin, Sr. VP of Bus. & Corp. Devel.Ms. Rhonda L. Price, Sr. VP of HR - Enlink Midstream Mang. LLCMs. Cynthia L. Jaggi, Sr. VP of Oklahoma (Age 43) What is Barry Davis' approval rating as EnLink Midstream's CEO? 18 employees have rated EnLink Midstream CEO Barry Davis on Glassdoor.com. Barry Davis has an approval rating of 43% among EnLink Midstream's employees. This puts Barry Davis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of EnLink Midstream's key competitors? Some companies that are related to EnLink Midstream include Targa Resources (TRGP), Western Midstream Partners (WES), DCP Midstream (DCP), DT Midstream (DTM), Kinetik (KNTK), Antero Midstream (AM), Equitrans Midstream (ETRN), Rattler Midstream (RTLR), USA Compression Partners (USAC), Archrock (AROC), Transportadora de Gas del Sur (TGS), Altus Midstream (ALTM), NGL Energy Partners (NGL) and Summit Midstream Partners (SMLP). View all of ENLC's competitors. 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." How do I buy shares of EnLink Midstream? Shares of ENLC 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 $8.29. How much money does EnLink Midstream make? EnLink Midstream (NYSE:ENLC) has a market capitalization of $4.01 billion and generates $6.69 billion in revenue each year. The pipeline company earns $22.40 million in net income (profit) each year or $0.14 on an earnings per share basis. How many employees does EnLink Midstream have? EnLink Midstream employs 1,073 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 EnLink Midstream 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 7/6/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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