NYSE:ENLC - EnLink Midstream Stock Price, News, & Analysis

EnLink Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENLC."

EnLink Midstream announced a quarterly dividend on Thursday, October 18th. Investors of record on Monday, October 29th will be given a dividend of $0.271 per share on Wednesday, November 14th. This represents a $1.08 dividend on an annualized basis and a yield of 9.21%. The ex-dividend date is Friday, October 26th. This is an increase from EnLink Midstream's previous quarterly dividend of $0.27. View EnLink Midstream's Dividend History.

EnLink Midstream LLC (NYSE:ENLC) released its quarterly earnings results on Tuesday, November, 6th. The pipeline company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by $0.08. The pipeline company had revenue of $2.11 billion for the quarter, compared to analysts' expectations of $1.74 billion. EnLink Midstream had a return on equity of 0.89% and a net margin of 3.39%. EnLink Midstream's revenue was up 51.2% on a year-over-year basis. During the same quarter last year, the business posted $0.03 earnings per share. View EnLink Midstream's Earnings History.

EnLink Midstream is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for EnLink Midstream.

15 brokerages have issued 12 month price objectives for EnLink Midstream's shares. Their predictions range from $14.00 to $19.00. On average, they expect EnLink Midstream's share price to reach $17.5385 in the next year. This suggests a possible upside of 49.0% from the stock's current price. View Analyst Price Targets for EnLink Midstream.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 1 sell rating, 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EnLink Midstream.

Press coverage about ENLC stock has trended somewhat positive on Monday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. EnLink Midstream earned a coverage optimism score of 0.6 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the stock's share price in the next several days.

Some companies that are related to EnLink Midstream include Western Gas Partners (WES), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Tallgrass Energy (TGE), EQT Midstream Partners (EQM), DCP Midstream (DCP), Antero Midstream Partners (AM), EQT GP (EQGP), EnLink Midstream Partners (ENLK), Antero Midstream GP (AMGP), Transportadora de Gas del Sur (TGS), Dominion Energy Midstream Partners (DM), TC Pipelines (TCP), Archrock (AROC) and USA Compression Partners (USAC).

EnLink Midstream's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (8.47%), Tortoise Capital Advisors L.L.C. (2.82%), RR Advisors LLC (1.86%), Catalyst Capital Advisors LLC (0.29%), Jennison Associates LLC (0.25%) and BlackRock Inc. (0.23%). Company insiders that own EnLink Midstream stock include Alaina K Brooks and Susan J Mcaden. View Institutional Ownership Trends for EnLink Midstream.

ENLC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Chickasaw Capital Management LLC, Bank of Montreal Can, Acadian Asset Management LLC, Trexquant Investment LP, Fox Run Management L.L.C. and Catalyst Capital Advisors LLC. Company insiders that have sold EnLink Midstream company stock in the last year include Alaina K Brooks and Susan J Mcaden. View Insider Buying and Selling for EnLink Midstream.

ENLC stock was acquired by a variety of institutional investors in the last quarter, including RR Advisors LLC, Kayne Anderson Capital Advisors LP, Tortoise Capital Advisors L.L.C., Alps Advisors Inc., First Dallas Securities Inc., Highstreet Asset Management Inc., Miller Howard Investments Inc. NY and Hodges Capital Management Inc.. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ENLC stock can currently be purchased for approximately $11.77.

EnLink Midstream has a market capitalization of $2.19 billion and generates $5.74 billion in revenue each year. The pipeline company earns $212.80 million in net income (profit) each year or ($0.05) on an earnings per share basis. EnLink Midstream employs 1,494 workers across the globe.

The official website for EnLink Midstream is http://www.enlink.com.

EnLink Midstream's mailing address is 1722 ROUTH STREET SUITE 1300, DALLAS TX, 75201. The pipeline company can be reached via phone at 214-953-9500 or via email at [email protected]