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, July 18th. Shareholders of record on Monday, July 29th will be given a dividend of $0.283 per share on Tuesday, August 13th. This represents a $1.13 dividend on an annualized basis and a yield of 14.38%. The ex-dividend date of this dividend is Friday, July 26th. This is an increase from EnLink Midstream's previous quarterly dividend of $0.28. View EnLink Midstream's Dividend History.

EnLink Midstream LLC (NYSE:ENLC) posted its quarterly earnings data on Tuesday, August, 6th. The pipeline company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.01. The pipeline company earned $1.71 billion during the quarter, compared to analysts' expectations of $1.85 billion. EnLink Midstream had a negative return on equity of 0.16% and a negative net margin of 3.21%. EnLink Midstream's quarterly revenue was down 3.1% on a year-over-year basis. During the same period last year, the firm earned $0.15 EPS. View EnLink Midstream's Earnings History.

EnLink Midstream is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for EnLink Midstream.

9 Wall Street analysts have issued 12 month price targets for EnLink Midstream's stock. Their predictions range from $8.00 to $13.00. On average, they anticipate EnLink Midstream's stock price to reach $11.4375 in the next twelve months. This suggests a possible upside of 45.3% from the stock's current price. View Analyst Price Targets for EnLink Midstream.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EnLink Midstream.

News stories about ENLC stock have trended positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. EnLink Midstream earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news stories about the pipeline company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for EnLink Midstream.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other EnLink Midstream investors own include Hartford Financial Services Group (HIG), Energy Transfer LP Unit (ET), EnLink Midstream Partners (ENLK), Nordic American Tanker (NAT), Prospect Capital (PSEC), Western New England Bancorp (WNEB), Intel (INTC), Enterprise Products Partners (EPD), EQM Midstream Partners (EQM) and Kinder Morgan (KMI).

EnLink Midstream's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (6.74%), Chickasaw Capital Management LLC (4.83%), Alps Advisors Inc. (4.67%), Brookfield Asset Management Inc. (3.54%), Invesco Ltd. (2.87%) and Kayne Anderson Capital Advisors LP (1.71%). 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 Alps Advisors Inc., Miller Howard Investments Inc. NY, Infrastructure Capital Advisors LLC, Duff & Phelps Investment Management Co., Paloma Partners Management Co, Vertex One Asset Management Inc., Lubar & Co. Inc and Northern Trust Corp. View Insider Buying and Selling for EnLink Midstream.

ENLC stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Brookfield Asset Management Inc., Bank of New York Mellon Corp, JPMorgan Chase & Co., Tortoise Capital Advisors L.L.C., Chickasaw Capital Management LLC, CIBC Private Wealth Group LLC and Russell Investments Group Ltd.. 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 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 $7.87.

EnLink Midstream has a market capitalization of $3.83 billion and generates $7.70 billion in revenue each year. The pipeline company earns $-13,200,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. EnLink Midstream employs 1,449 workers across the globe.View Additional Information About EnLink Midstream.

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]