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 19.4% and is now trading at $2.34. 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 earnings per share for the quarter, topping the Thomson Reuters' 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 declared a quarterly dividend on Monday, April 20th. Stockholders of record on Friday, May 1st will be given a dividend of $0.094 per share on Wednesday, May 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 16.07%. The ex-dividend date of this dividend is Thursday, April 30th. View EnLink Midstream's dividend history.

10 Wall Street analysts have issued 1 year 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 205.6% from the stock's current price. View analysts' price targets for EnLink Midstream.

Media stories about ENLC stock have trended very negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. EnLink Midstream earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutEnLink Midstream.

EnLink Midstream saw a decrease in short interest in May. As of May 15th, there was short interest totaling 3,920,000 shares, a decrease of 5.8% from the April 30th total of 4,160,000 shares. Based on an average daily trading volume, of 6,360,000 shares, the short-interest ratio is presently 0.6 days. Currently, 1.6% of the shares of the company are sold short. View EnLink Midstream's Current Options Chain.

Some companies that are related to EnLink Midstream include Targa Resources (TRGP), Western Midstream Partners (WES), EQM Midstream Partners (EQM), TC Pipelines (TCP), Antero Midstream (AM), 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 institutional and retail investors. Top institutional shareholders include Invesco Ltd. (9.04%), Alps Advisors Inc. (6.88%), Chickasaw Capital Management LLC (3.69%), Morgan Stanley (1.83%), JPMorgan Chase & Co. (1.43%) and UBS Group AG (0.75%). 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 Tortoise Capital Advisors L.L.C., Chickasaw Capital Management LLC, Bank of New York Mellon Corp, BlackRock Inc., Hodges Capital Management Inc., Catalyst Capital Advisors LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, and Pacer Advisors Inc.. View insider buying and selling activity for EnLink Midstream.

ENLC stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Alps Advisors Inc., Luminus Management LLC, Harvest Fund Advisors LLC, Morgan Stanley, Two Sigma Investments LP, UBS Group AG, and JPMorgan Chase & Co.. 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 $2.34.

EnLink Midstream has a market capitalization of $1.14 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]