NYSE:ENLCEnLink Midstream Stock Price, Forecast & News Adding Choose a 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. Log In and Add $2.39 -0.04 (-1.65 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's Range$2.34Now: $2.39▼$2.4950-Day Range$1.00MA: $1.62▼$2.3452-Week Range$0.88Now: $2.39▼$10.83Volume2.09 million shsAverage Volume5.85 million shsMarket Capitalization$1.17 billionP/E RatioN/ADividend Yield15.64%Beta3.61 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media EnLink Midstream, LLC focuses on providing midstream energy services in the United States. It operates through Texas, Oklahoma, Louisiana, and Crude and Condensate segments. The company 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. Its midstream energy asset network includes approximately 11,000 miles of pipelines; 20 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was founded in 2013 and is headquartered in Dallas, Texas.Read More Beat the Market (BTM) Rank™ 4.0 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Hold. The company's average rating score is 1.90, and is based on 2 buy ratings, 5 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.15, EnLink Midstream has a potential upside of 199.2% from its current price of $2.39.Amount of Analyst CoverageEnLink Midstream has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.7 Community Rank Outperform VotesEnLink Midstream has received 282 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEnLink Midstream has received 540 “underperform” votes. (Add your “underperform” vote.)Community SentimentEnLink Midstream has received 65.69% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about EnLink Midstream and other stocks. Vote “Outperform” if you believe ENLC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ENLC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipEnLink Midstream is a leading dividend payer. It pays a dividend yield of 15.64%, 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 271.43 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, EnLink Midstream will have a dividend payout ratio of 1,266.67 % in the coming year. This indicates that EnLink Midstream may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EnLink Midstream insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.45% of the stock of EnLink Midstream is held by insiders.Percentage Held by Institutions39.86% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to grow in the coming year, from ($0.22) to $0.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is -0.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is -0.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.0Community Rank: 1.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.91 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:ENLC Previous Symbol CUSIPN/A CIK1592000 Webwww.enlink.com Phone214-953-9500Debt Debt-to-Equity Ratio1.43 Current Ratio1.39 Quick Ratio1.39Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$6.05 billion Price / Sales0.19 Cash Flow$1.46 per share Price / Cash Flow1.64 Book Value$7.07 per share Price / Book0.34Profitability EPS (Most Recent Fiscal Year)$0.14 Net Income$-1,119,300,000.00 Net Margins-22.65% Return on Equity2.59% Return on Assets1.13%Miscellaneous Employees1,355 Outstanding Shares489,259,000Market Cap$1.17 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable ENLC Rates by TradingView Receive ENLC News and Ratings via Email Sign-up to receive the latest news and ratings for ENLC and its competitors with MarketBeat's FREE daily newsletter. EnLink Midstream (NYSE:ENLC) Frequently Asked Questions How has EnLink Midstream's stock been impacted by COVID-19 (Coronavirus)? EnLink Midstream's stock was trading at $1.96 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ENLC stock has increased by 21.9% and is now trading at $2.39. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of EnLink Midstream? 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. When is EnLink Midstream's next earnings date? EnLink Midstream is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for EnLink Midstream. How were EnLink Midstream's earnings last quarter? EnLink Midstream LLC (NYSE:ENLC) posted its quarterly earnings results on Thursday, May, 7th. The pipeline company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.09. The pipeline company earned $1.16 billion during the quarter, compared to analyst estimates 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. How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream? 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 15.73%. The ex-dividend date is Thursday, April 30th. View EnLink Midstream's dividend history. What price target have analysts set for ENLC? 10 equities research analysts have issued twelve-month price targets for EnLink Midstream's stock. Their forecasts range from $2.50 to $12.00. On average, they expect EnLink Midstream's share price to reach $7.15 in the next twelve months. This suggests a possible upside of 199.2% from the stock's current price. View analysts' price targets for EnLink Midstream. Has EnLink Midstream been receiving favorable news coverage? Headlines about ENLC stock have trended somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. EnLink Midstream earned a coverage optimism score of -1.8 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutEnLink Midstream. Are investors shorting EnLink Midstream? EnLink Midstream saw a decrease in short interest in the month of 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 currently 0.6 days. Currently, 1.6% of the shares of the stock are sold short. View EnLink Midstream's Current Options Chain. Who are some of EnLink Midstream's key competitors? Some companies that are related to EnLink Midstream include Western Midstream Partners (WES), Targa Resources (TRGP), EQM Midstream Partners (EQM), TC Pipelines (TCP), DCP Midstream (DCP), Antero Midstream (AM), 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. 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 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). Who are EnLink Midstream's key executives? EnLink Midstream's management team includes the following people: Mr. Barry E. Davis, Exec. Chairman (Age 57)Mr. Michael J. Garberding, Pres, CEO & Director of EnLink Midstream Mang. LLC (Age 50)Mr. Eric David Batchelder, Exec. VP, CFO & Principal Accounting Officer of EnLink Midstream Mang. LLC (Age 47)Mr. Benjamin D. Lamb, Exec. VP & COO of EnLink Midstream Mang. LLC (Age 39)Ms. Alaina K. Brooks, Exec. VP, Chief Legal & Admin. Officer and Sec. of EnLink Midstream Mang. LLC (Age 44) 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 many different retail and institutional investors. Top institutional investors include Invesco Ltd. (9.04%), Alps Advisors Inc. (6.88%), Chickasaw Capital Management LLC (3.69%), Morgan Stanley (1.83%), Morgan Stanley (1.82%) and JPMorgan Chase & Co. (1.43%). 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. Which institutional investors are selling EnLink Midstream stock? 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. Which institutional investors are buying EnLink Midstream stock? ENLC stock was purchased 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, Morgan Stanley, Two Sigma Investments LP, and UBS Group AG. 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. How do I buy shares of 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. What is EnLink Midstream's stock price today? One share of ENLC stock can currently be purchased for approximately $2.39. How big of a company is EnLink Midstream? EnLink Midstream has a market capitalization of $1.17 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. What is EnLink Midstream's official website? The official website for EnLink Midstream is www.enlink.com. How can I contact EnLink Midstream? 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] This page was last updated on 5/28/2020 by MarketBeat.com Staff
