NYSE:ENLC EnLink Midstream - ENLC 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. $10.02 -0.04 (-0.40%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$9.73▼$10.1150-Day Range$10.02▼$13.3852-Week Range$7.77▼$13.58Volume1.60 million shsAverage Volume2.52 million shsMarket Capitalization$4.72 billionP/E Ratio13.54Dividend Yield4.99%Price Target$13.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EnLink Midstream MarketRank™ ForecastAnalyst RatingHold2.43 Rating ScoreUpside/Downside34.7% Upside$13.50 Price TargetShort InterestBearish5.09% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.81Based on 2 Articles This WeekInsider TradingSelling Shares$4.50 M Sold Last QuarterProj. Earnings Growth18.06%From $0.72 to $0.85 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.2.79 out of 5 starsOils/Energy Sector47th out of 243 stocksNatural Gas Transmission Industry4th out of 20 stocks 3.2 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, EnLink Midstream has a forecasted upside of 34.7% from its current price of $10.02.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 Shorted5.09% 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 5.3.Change versus previous monthShort interest in EnLink Midstream has recently increased by 6.81%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipEnLink Midstream is a leading dividend payer. It pays a dividend yield of 4.81%, 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 67.57%. 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 58.82% 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 3.2 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 0.81. 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 0.53 average news sentiment score 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.Search Interest9 people have searched for ENLC on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.MarketBeat Follows9 people have added EnLink Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 800% 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 $4,504,800.00 in 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 18.06% in the coming year, from $0.72 to $0.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is 13.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.50.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 13.54, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 65.14.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 1.61. 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 HeadlinesMarch 19, 2023 | finance.yahoo.comWith EPS Growth And More, EnLink Midstream (NYSE:ENLC) Makes An Interesting CaseMarch 18, 2023 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Coverage Initiated at StockNews.comMarch 25, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 18, 2023 | americanbankingnews.comEnLink Midstream, LLC (NYSE:ENLC) Short Interest Up 6.8% in FebruaryMarch 11, 2023 | benzinga.comEnLink Midstream Stock (NYSE:ENLC), Analyst Ratings, Price Targets, PredictionsMarch 11, 2023 | msn.comCitigroup Upgrades EnLink Midstream (ENLC)March 9, 2023 | msn.comEnLink Midstream raised to Buy at Citi as CCS potential not priced inMarch 9, 2023 | markets.businessinsider.comEnLink Midstream (ENLC) was upgraded to a Buy Rating at CitigroupMarch 25, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 9, 2023 | msn.comWhat 4 Analyst Ratings Have To Say About EnLink MidstreamMarch 1, 2023 | seekingalpha.comENLC EnLink Midstream, LLCFebruary 20, 2023 | finance.yahoo.comEnLink Midstream, LLC (NYSE:ENLC) Analysts Are Reducing Their Forecasts For This YearFebruary 16, 2023 | finance.yahoo.comEnLink Midstream Full Year 2022 Earnings: EPS Beats Expectations, Revenues LagFebruary 15, 2023 | finance.yahoo.comEnLink Midstream Files 2022 Annual ReportFebruary 15, 2023 | finanznachrichten.deEnLink Midstream, LLC: EnLink Midstream Reports Record Financial Results, Provides 2023 Financial GuidanceFebruary 13, 2023 | nasdaq.comAlps Advisors Increases Position in EnLink Midstream (ENLC)January 27, 2023 | finance.yahoo.comEnLink Midstream (ENLC) Shows Fast-paced Momentum But Is Still a Bargain StockJanuary 25, 2023 | finance.yahoo.comNews Flash: Analysts Just Made A Notable Upgrade To Their EnLink Midstream, LLC (NYSE:ENLC) ForecastsJanuary 19, 2023 | finance.yahoo.comWhy EnLink Midstream (ENLC) is Poised to Beat Earnings Estimates AgainJanuary 18, 2023 | finance.yahoo.comEnLink Midstream Declares Increased Quarterly Distribution, Schedules Quarterly and Year-End Earnings and 2023 Guidance CallJanuary 12, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Norfolk Southern (NSC) and EnLink Midstream (ENLC)January 6, 2023 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why EnLink Midstream (ENLC) is a Great ChoiceDecember 30, 2022 | finance.yahoo.comCalculating The Fair Value Of EnLink Midstream, LLC (NYSE:ENLC)December 28, 2022 | finance.yahoo.comEnLink Midstream (ENLC) Dips More Than Broader Markets: What You Should KnowDecember 25, 2022 | fool.comEnLink Midstream, Llc (NYSE: ENLC)December 13, 2022 | seekingalpha.comEnLink Midstream: Set To Grow In 2023December 9, 2022 | markets.businessinsider.com5 Analysts Have This to Say About EnLink MidstreamSee More Headlines 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 ENLC Company Calendar Ex-Dividend for 2/13 Dividend1/27/2023Dividend Payable2/13/2023Last Earnings2/14/2023Today3/24/2023Next Earnings (Estimated)5/02/2023Fiscal 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$13.50 High Stock Price Forecast$18.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+34.7%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.74 Trailing P/E Ratio13.54 Forward P/E Ratio13.92 P/E GrowthN/ANet Income$361.30 million Net Margins3.79% Pretax Margin4.25% Return on Equity12.62% Return on Assets4.21% Debt Debt-to-Equity Ratio1.62 Current Ratio1.12 Quick Ratio1.12 Sales & Book Value Annual Sales$9.54 billion Price / Sales0.49 Cash Flow$2.00 per share Price / Cash Flow5.02 Book Value$6.21 per share Price / Book1.61Miscellaneous Outstanding Shares470,640,000Free Float466,683,000Market Cap$4.72 billion OptionableOptionable Beta2.56 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 CompetitorsAntero MidstreamNYSE:AMDT MidstreamNYSE:DTMKinetikNASDAQ:KNTKEquitrans MidstreamNYSE:ETRNUSA Compression PartnersNYSE:USACView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 7,163 shares on 3/15/2023Ownership: 0.021%NatixisBought 105,200 shares on 2/24/2023Ownership: 0.117%Benjamin D LambSold 210,000 sharesTotal: $2.39 M ($11.38/share)B. Riley Wealth Advisors Inc.Bought 7,163 shares on 2/21/2023Ownership: 0.020%Benjamin D LambSold 180,000 sharesTotal: $2.12 M ($11.75/share)View All Insider TransactionsView All Institutional Transactions ENLC Stock - Frequently Asked Questions Should I buy or sell EnLink Midstream stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ENLC shares. 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 ENLC analyst ratings or view top-rated stocks. What is EnLink Midstream's stock price forecast for 2023? 7 Wall Street research analysts have issued 12 month price objectives for EnLink Midstream's shares. Their ENLC share price forecasts range from $9.00 to $18.00. On average, they predict the company's share price to reach $13.50 in the next year. This suggests a possible upside of 34.7% 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 shares have decreased by 18.5% and is now trading at $10.02. View the best growth stocks for 2023 here. Are investors shorting EnLink Midstream? EnLink Midstream saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 12,390,000 shares, an increase of 6.8% from the February 13th total of 11,600,000 shares. Based on an average trading volume of 2,350,000 shares, the days-to-cover ratio is presently 5.3 days. Currently, 5.1% of the shares of the 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 Tuesday, May 2nd 2023. View our ENLC earnings forecast. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) issued its quarterly earnings data on Tuesday, February, 14th. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.14. The pipeline company earned $2.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. EnLink Midstream had a net margin of 3.79% and a trailing twelve-month return on equity of 12.62%. How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream? EnLink Midstream declared a quarterly dividend on Wednesday, January 18th. Stockholders of record on Monday, January 30th will be paid a dividend of $0.125 per share on Monday, February 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date of this dividend is Friday, January 27th. This is a boost from the stock's previous quarterly dividend of $0.11. 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 Alerian MLP ETF (AMLP), InfraCap MLP ETF (AMZA), USCF Midstream Energy Income Fund (UMI), Alerian Energy Infrastructure ETF (ENFR), Global X MLP & Energy Infrastructure ETF (MLPX), Global X MLP ETF (MLPA), VanEck Energy Income ETF (EINC) and Pacer American Energy Independence ETF (USAI). 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 4.62%. 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 67.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ENLC will have a dividend payout ratio of 58.82% 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 a number of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (10.11%), Chickasaw Capital Management LLC (3.09%), Tortoise Capital Advisors L.L.C. (2.57%), Dimensional Fund Advisors LP (2.02%), Aventail Capital Group LP (1.15%) and Mirae Asset Global Investments Co. Ltd. (1.13%). 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 $10.02. How much money does EnLink Midstream make? EnLink Midstream (NYSE:ENLC) has a market capitalization of $4.72 billion and generates $9.54 billion in revenue each year. The pipeline company earns $361.30 million in net income (profit) each year or $0.74 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 3/25/2023 by MarketBeat.com Staff 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. 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