NYSE:ENLC EnLink Midstream (ENLC) Stock Price, News & Analysis → Pentagon contract could send this $2 AI stock soaring (From Behind the Markets) (Ad) Free ENLC Stock Alerts $13.78 +0.17 (+1.25%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$13.52▼$13.8350-Day Range$11.96▼$13.9552-Week Range$8.45▼$14.18Volume1.92 million shsAverage Volume1.93 million shsMarket Capitalization$6.24 billionP/E Ratio31.32Dividend Yield3.85%Price Target$14.63 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 Buy2.67 Rating ScoreUpside/Downside6.1% Upside$14.63 Price TargetShort InterestBearish5.16% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.64Based on 7 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.2.36 out of 5 starsOils/Energy Sector158th out of 234 stocksNatural Gas Transmission Industry11th out of 18 stocks 1.3 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEnLink Midstream has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.16% 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 5.8.Change versus previous monthShort interest in EnLink Midstream has recently decreased by 2.68%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipEnLink Midstream is a leading dividend payer. It pays a dividend yield of 3.90%, 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 120.45%. 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 3.7 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 0.64. 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 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for EnLink Midstream this week, compared to 3 articles on an average week.Search Interest1 people have searched for ENLC on MarketBeat in the last 30 days. MarketBeat Follows6 people have added EnLink Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 31.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.13.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 31.32, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.49.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 2.36. 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 Behind the MarketsPentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...Get all the info here >>> 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 HeadlinesApril 24, 2024 | finance.yahoo.comBroker Revenue Forecasts For EnLink Midstream, LLC (NYSE:ENLC) Are Surging HigherApril 23, 2024 | americanbankingnews.comEnLink Midstream (ENLC) Scheduled to Post Earnings on TuesdayApril 24, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 21, 2024 | 247wallst.com5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers HappenApril 20, 2024 | finance.yahoo.comEnLink Midstream, LLC (NYSE:ENLC) Pays A US$0.1325 Dividend In Just Four DaysApril 20, 2024 | nasdaq.comDecember 20th Options Now Available For EnLink Midstream (ENLC)April 19, 2024 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Upgraded to "Buy" by StockNews.comApril 17, 2024 | investing.comCiti raises EnLink Midstream stock, maintains buy rating on positive outlookApril 24, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 17, 2024 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Price Target Increased to $16.00 by Analysts at CitigroupApril 16, 2024 | markets.businessinsider.comEnLink Midstream Poised for Growth and High Returns: A Buy RatingApril 12, 2024 | msn.comEnLink Midstream declares $0.1325 dividendApril 11, 2024 | finance.yahoo.comEnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2024 EarningsApril 11, 2024 | prnewswire.comEnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2024 EarningsApril 10, 2024 | businesswire.comEngineering Tomorrow Receives Support From Growing Number of Corporate PartnersApril 8, 2024 | finance.yahoo.comShould EnLink Midstream, LLC (NYSE:ENLC) Focus On Improving This Fundamental Metric?March 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 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 CoastSee 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 Earnings2/20/2024Today4/24/2024Ex-Dividend for 5/14 Dividend4/25/2024Next Earnings (Confirmed)4/30/2024Dividend Payable5/14/2024Fiscal 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$14.63 High Stock Price Target$17.00 Low Stock Price Target$12.00 Potential Upside/Downside+6.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.44 Trailing P/E Ratio31.32 Forward P/E Ratio22.97 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$6.88 billion Price / Sales0.91 Cash Flow$1.98 per share Price / Cash Flow6.96 Book Value$5.83 per share Price / Book2.36Miscellaneous Outstanding Shares453,177,000Free Float449,370,000Market Cap$6.24 billion OptionableOptionable Beta2.39 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsDT MidstreamNYSE:DTMKinetikNASDAQ:KNTKAntero MidstreamNYSE:AMEquitrans MidstreamNYSE:ETRNArchrockNYSE:AROCView All CompetitorsInsiders & InstitutionsCUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENTSold 746,000 shares on 4/24/2024Ownership: 0.518%Maryland State Retirement & Pension SystemBought 3,842 shares on 4/20/2024Ownership: 0.045%Hennessy Advisors Inc.Bought 248,100 shares on 4/16/2024Ownership: 0.467%Hodges Capital Management Inc.Sold 78,400 shares on 4/16/2024Ownership: 0.040%First Dallas Securities Inc.Sold 32,218 shares on 4/16/2024Ownership: 0.035%View All Insider TransactionsView All Institutional Transactions ENLC Stock Analysis - Frequently Asked Questions Should I buy or sell EnLink Midstream stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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? 6 equities research analysts have issued 12-month price targets for EnLink Midstream's stock. Their ENLC share price targets range from $12.00 to $17.00. On average, they predict the company's stock price to reach $14.63 in the next year. This suggests a possible upside of 6.1% 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 at the start of the year. Since then, ENLC stock has increased by 13.3% and is now trading at $13.78. 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, April 30th 2024. View our ENLC earnings forecast. How can I listen to EnLink Midstream's earnings call? EnLink Midstream will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) announced its quarterly earnings results on Tuesday, February, 20th. The pipeline company reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14. The pipeline company earned $1.86 billion during the quarter, compared to the consensus estimate of $1.82 billion. EnLink Midstream had a trailing twelve-month return on equity of 8.12% and a net margin of 2.99%. How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream? EnLink Midstream declared a quarterly dividend on Thursday, April 11th. Investors of record on Friday, April 26th will be given a dividend of $0.132 per share on Tuesday, May 14th. This represents a $0.53 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Thursday, April 25th. 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 3.90%. 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 120.45%. 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), Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), Virtus Duff & Phelps Clean Energy ETF (VCLN), Alerian Energy Infrastructure ETF (ENFR), Pacer American Energy Independence ETF (USAI), USCF Midstream Energy Income Fund (UMI) and Counterpoint Quantitative Equity ETF (CPAI). 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 retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (3.05%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.52%), Miller Howard Investments Inc. NY (0.48%), Hennessy Advisors Inc. (0.47%), Maryland State Retirement & Pension System (0.04%) and Hodges Capital Management Inc. (0.04%). 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 4/24/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersThe #1 Crypto for 2024InvestorPlaceFed launches fourth dollar overhaulStansberry ResearchNew Trump BombshellThe Freeport Society 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. 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