NYSE:ENLC EnLink Midstream (ENLC) Stock Price, News & Analysis → $25,000 into $109,616 in two months? (From WealthPress) (Ad) Free ENLC Stock Alerts $13.35 +0.02 (+0.15%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$13.21▼$13.4350-Day Range$11.55▼$13.3552-Week Range$8.45▼$13.98Volume1.69 million shsAverage Volume1.97 million shsMarket Capitalization$6.05 billionP/E Ratio30.34Dividend Yield3.97%Price Target$14.43 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get EnLink Midstream alerts: Email Address EnLink Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside8.1% Upside$14.43 Price TargetShort InterestBearish5.30% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.51Based on 17 Articles This WeekInsider TradingSelling Shares$3.64 M Sold Last QuarterProj. Earnings Growth25.00%From $0.60 to $0.75 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.1.34 out of 5 starsOils/Energy Sector202nd out of 242 stocksNatural Gas Transmission Industry15th out of 19 stocks 1.3 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.43, EnLink Midstream has a forecasted upside of 8.1% from its current price of $13.35.Amount of Analyst CoverageEnLink Midstream has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.30% 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 6.1.Change versus previous monthShort interest in EnLink Midstream has recently increased by 3.47%, 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 3.98%, 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 120.46%. 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 70.67% 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 2.0 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 0.51. 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 17 news articles for EnLink Midstream this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 3 people have added EnLink Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $3,642,668.00 in 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to grow by 25.00% in the coming year, from $0.60 to $0.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is 30.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.66.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 30.34, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.79.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 2.29. 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 Ad Crypto 101 MediaAltcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… Click here now to register for the event (FOR FREE!) 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 HeadlinesMarch 26, 2024 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Upgraded to Buy by StockNews.comMarch 24, 2024 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Coverage Initiated at Capital One FinancialMarch 28, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 23, 2024 | americanbankingnews.comEquities Analysts Offer Predictions for EnLink Midstream, LLC's Q3 2025 Earnings (NYSE:ENLC)March 22, 2024 | americanbankingnews.comEnLink Midstream, LLC (NYSE:ENLC) Forecasted to Post Q1 2024 Earnings of $0.15 Per ShareMarch 19, 2024 | ca.finance.yahoo.comENLC Jun 2024 11.000 putMarch 19, 2024 | ca.finance.yahoo.comENLC Jan 2026 3.000 putMarch 18, 2024 | finance.yahoo.comThe Return Trends At EnLink Midstream (NYSE:ENLC) Look PromisingMarch 28, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 14, 2024 | msn.comKinetik Holdings stock slides on pricing secondary stock offering at $33.75 a shareFebruary 29, 2024 | markets.businessinsider.comJP Morgan Maintains Neutral Rating for EnLink Midstream: Here's What You Need To KnowFebruary 27, 2024 | uk.finance.yahoo.comEnLink Midstream LLC VP & Chief Accounting Officer Jan Rossbach Sells 50,000 SharesFebruary 26, 2024 | finance.yahoo.comSome Analysts Just Cut Their EnLink Midstream, LLC (NYSE:ENLC) EstimatesFebruary 26, 2024 | seekingalpha.comEnLink Midstream: Bullish Thesis Still IntactFebruary 22, 2024 | uk.finance.yahoo.comEnLink Midstream Full Year 2023 Earnings: Misses ExpectationsFebruary 22, 2024 | markets.businessinsider.comEnLink Midstream: Balancing Q4 Performance with Cautious 2024 EBITDA OutlookFebruary 21, 2024 | bizjournals.comExxon, EnLink Midstream extend carbon capture and storage partnership along the Gulf CoastFebruary 21, 2024 | finance.yahoo.comEnLink Midstream Files 2023 Annual ReportFebruary 21, 2024 | prnewswire.comEnLink Midstream Files 2023 Annual ReportFebruary 21, 2024 | finance.yahoo.comEnLink Midstream (ENLC) Reports Q4 Earnings: What Key Metrics Have to SayFebruary 20, 2024 | msn.comEnLink Midstream (ENLC) Q4 Earnings Meet EstimatesFebruary 20, 2024 | msn.comEnLink Midstream GAAP EPS of $0.14 misses by $0.01, revenue of $1.86B misses by $300MFebruary 20, 2024 | finance.yahoo.comEnLink Midstream Reports Fourth Quarter and Full-Year 2023 Results, Provides 2024 Financial GuidanceFebruary 20, 2024 | gurufocus.comEnLink Midstream LLC Reports Solid Growth in 2023, Sets Positive Outlook for 2024February 20, 2024 | prnewswire.comEnLink Midstream Exploring Additional Carbon Transportation Opportunities with ExxonMobil to Reduce Emissions in the Gulf CoastFebruary 20, 2024 | prnewswire.comEnLink Midstream Reports Fourth Quarter and Full-Year 2023 Results, Provides 2024 Financial GuidanceFebruary 19, 2024 | benzinga.comEnLink Midstream Earnings PreviewSee 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 2/9 Dividend1/26/2024Dividend Payable2/09/2024Last Earnings2/20/2024Today3/28/2024Next Earnings (Estimated)5/07/2024Fiscal 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$14.43 High Stock Price Target$17.00 Low Stock Price Target$12.00 Potential Upside/Downside+8.1%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.44 Trailing P/E Ratio30.34 Forward P/E Ratio22.25 P/E GrowthN/ANet Income$206.20 million Net Margins2.99% Pretax Margin5.98% Return on Equity8.12% Return on Assets2.64% Debt Debt-to-Equity Ratio1.70 Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$6.90 billion Price / Sales0.88 Cash Flow$1.97 per share Price / Cash Flow6.79 Book Value$5.83 per share Price / Book2.29Miscellaneous Outstanding Shares453,180,000Free Float449,370,000Market Cap$6.05 billion OptionableOptionable Beta2.39 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsKinetikNASDAQ:KNTKDT MidstreamNYSE:DTMAntero MidstreamNYSE:AMEquitrans MidstreamNYSE:ETRNArchrockNYSE:AROCView All CompetitorsInsiders & InstitutionsHealthcare of Ontario Pension Plan Trust FundBought 263,100 shares on 3/21/2024Ownership: 0.082%B. Riley Wealth Advisors Inc.Sold 8,370 shares on 3/15/2024Ownership: 0.014%Hennessy Advisors Inc.Bought 1,759,500 shares on 3/14/2024Ownership: 0.412%Vanguard Group Inc.Sold 168,060 shares on 3/11/2024Ownership: 0.300%Goldman Sachs Group Inc.Bought 186,801 shares on 3/1/2024Ownership: 3.494%View All Insider TransactionsView All Institutional Transactions ENLC Stock Analysis - 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 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024? 5 equities research analysts have issued 1-year price objectives for EnLink Midstream's stock. Their ENLC share price targets range from $12.00 to $17.00. On average, they predict the company's share price to reach $14.43 in the next twelve months. This suggests a possible upside of 8.1% 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 2024? EnLink Midstream's stock was trading at $12.16 on January 1st, 2024. Since then, ENLC shares have increased by 9.8% and is now trading at $13.35. View the best growth stocks for 2024 here. When is EnLink Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our ENLC earnings forecast. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) posted its quarterly earnings data on Tuesday, February, 20th. The pipeline company reported $0.14 EPS for the quarter, hitting analysts' consensus estimates of $0.14. The pipeline company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.82 billion. EnLink Midstream had a net margin of 2.99% and a trailing twelve-month return on equity of 8.12%. How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream? EnLink Midstream declared a quarterly dividend on Tuesday, January 16th. Investors of record on Monday, January 29th will be given a dividend of $0.1325 per share on Friday, February 9th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date is Friday, January 26th. This is a boost from the stock's previous quarterly dividend of $0.13. Read our dividend analysis for ENLC. Is EnLink Midstream a good dividend stock? EnLink Midstream (NYSE:ENLC) pays an annual dividend of $0.53 per share and currently has a dividend yield of 3.98%. 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 120.46%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ENLC will have a dividend payout ratio of 70.67% next year. This indicates that the company will be able to sustain or increase its dividend. 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). 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). Who are EnLink Midstream's major shareholders? EnLink Midstream's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (3.49%), Goldman Sachs Group Inc. (3.49%), Chickasaw Capital Management LLC (3.09%), Mirae Asset Global Investments Co. Ltd. (2.68%), Dimensional Fund Advisors LP (1.47%) and CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.68%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ENLC) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings 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. 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. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.