NYSE:ENLCEnLink Midstream Stock Price, Forecast & News

EnLink Midstream's stock was trading at $1.96 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ENLC stock has increased by 33.2% and is now trading at $2.61. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for EnLink Midstream.

EnLink Midstream is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for EnLink Midstream.

EnLink Midstream LLC (NYSE:ENLC) released its quarterly earnings data on Thursday, May, 7th. The pipeline company reported $0.14 EPS for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.09. The pipeline company earned $1.16 billion during the quarter, compared to the consensus estimate of $1.67 billion. EnLink Midstream had a positive return on equity of 2.59% and a negative net margin of 22.65%. View EnLink Midstream's earnings history.

EnLink Midstream announced a quarterly dividend on Monday, April 20th. Investors of record on Friday, May 1st will be paid a dividend of $0.094 per share on Wednesday, May 13th. This represents a $0.38 annualized dividend and a dividend yield of 14.41%. The ex-dividend date of this dividend is Thursday, April 30th. View EnLink Midstream's dividend history.

10 equities research analysts have issued 12-month price targets for EnLink Midstream's stock. Their forecasts range from $2.50 to $12.00. On average, they anticipate EnLink Midstream's share price to reach $7.15 in the next twelve months. This suggests a possible upside of 173.9% from the stock's current price. View analysts' price targets for EnLink Midstream.

News headlines about ENLC stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. EnLink Midstream earned a news impact score of -1.6 on InfoTrie's scale. They also assigned news stories about the pipeline company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news about EnLink Midstream.

EnLink Midstream saw a increase in short interest in June. As of June 30th, there was short interest totaling 5,940,000 shares, an increase of 34.4% from the June 15th total of 4,420,000 shares. Based on an average trading volume of 5,410,000 shares, the short-interest ratio is currently 1.1 days. Approximately 2.4% of the company's shares are sold short. View EnLink Midstream's Current Options Chain.

Some companies that are related to EnLink Midstream include EQM Midstream Partners (EQM), Targa Resources (TRGP), Western Midstream Partners (WES), Antero Midstream (AM), TC Pipelines (TCP), DCP Midstream (DCP), Enable Midstream Partners (ENBL), Rattler Midstream (RTLR), USA Compression Partners (USAC), Archrock (AROC), Transportadora de Gas del Sur (TGS), CNX Midstream Partners (CNXM) and Summit Midstream Partners (SMLP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other EnLink Midstream investors own include Amplify Energy (AMPY), Amplify Energy (AMPY), NGL Energy Partners (NGL), New Residential Investment (NRZ), Washington Prime Group (WPG), Golar LNG Partners (GMLP), Energy Transfer LP Unit (ET), AMC Entertainment (AMC), DHT (DHT) and Summit Midstream Partners (SMLP).

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

EnLink Midstream's stock is owned by a variety of retail and institutional investors. Top institutional investors include Walnut Private Equity Partners LLC (0.17%) and Envestnet Asset Management Inc. (0.01%). Company insiders that own EnLink Midstream stock include Alaina K Brooks, Barry E Davis, Goldman Sachs Group Inc, Kyle D Vann 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 Envestnet Asset Management Inc.. View insider buying and selling activity for EnLink Midstream.

ENLC stock was bought by a variety of institutional investors in the last quarter, including Walnut Private Equity Partners LLC. Company insiders that have bought EnLink Midstream stock in the last two years include Barry E Davis, Goldman Sachs Group Inc, Kyle D Vann, and Susan J Mcaden. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of ENLC stock can currently be purchased for approximately $2.61.

EnLink Midstream has a market capitalization of $1.28 billion and generates $6.05 billion in revenue each year. The pipeline company earns $-1,119,300,000.00 in net income (profit) each year or $0.14 on an earnings per share basis. EnLink Midstream employs 1,355 workers across the globe.

The official website for EnLink Midstream is 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]