NYSE:ENLC - EnLink Midstream Stock Price, Forecast & News

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

EnLink Midstream announced a quarterly dividend on Wednesday, January 15th. Investors of record on Friday, January 31st will be given a dividend of $0.188 per share on Thursday, February 13th. This represents a $0.75 annualized dividend and a yield of 16.60%. The ex-dividend date of this dividend is Thursday, January 30th. View EnLink Midstream's Dividend History.

EnLink Midstream LLC (NYSE:ENLC) posted its earnings results on Thursday, November, 7th. The pipeline company reported $0.02 EPS for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.05. The pipeline company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.77 billion. EnLink Midstream had a negative net margin of 3.48% and a negative return on equity of 0.09%. The firm's revenue was down 33.4% on a year-over-year basis. During the same period last year, the company posted $0.04 earnings per share. View EnLink Midstream's Earnings History.

EnLink Midstream is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for EnLink Midstream.

EnLink Midstream will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

11 Wall Street analysts have issued 12-month price targets for EnLink Midstream's stock. Their forecasts range from $5.00 to $13.00. On average, they expect EnLink Midstream's stock price to reach $9.23 in the next year. This suggests a possible upside of 103.7% from the stock's current price. View Analyst Price Targets for EnLink Midstream.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EnLink Midstream.

News headlines about ENLC stock have been trending extremely negative on Thursday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog 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 -4.3 on InfoTrie's scale. They also gave news stories about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for EnLink Midstream.

EnLink Midstream saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 15,220,000 shares, an increase of 11.3% from the December 31st total of 13,670,000 shares. Based on an average trading volume of 4,960,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 6.0% of the company's stock 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), Tallgrass Energy (TGE), EQM Midstream Partners (EQM), Enable Midstream Partners (ENBL), DCP Midstream (DCP), TC Pipelines (TCP), Rattler Midstream (RTLR), Antero Midstream (AM), USA Compression Partners (USAC), Archrock (AROC), CNX Midstream Partners (CNXM), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP).

Based on aggregate information from My MarketBeat watchlists, some companies that other EnLink Midstream investors own include Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), Enterprise Products Partners (EPD), Hartford Financial Services Group (HIG), Antero Midstream (AM), Washington Prime Group (WPG), DCP Midstream (DCP), Hoegh LNG Partners (HMLP), AMC Entertainment (AMC) and EQM Midstream Partners (EQM).

EnLink Midstream's stock is owned by many different of institutional and retail investors. Top institutional investors include Alps Advisors Inc. (6.40%), Tortoise Capital Advisors L.L.C. (5.87%), Chickasaw Capital Management LLC (5.55%), Brookfield Public Securities Group LLC (3.57%), Bank of New York Mellon Corp (1.84%) and Goldman Sachs Group Inc. (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 Kayne Anderson Capital Advisors LP, Principal Financial Group Inc., UBS Group AG, Infrastructure Capital Advisors LLC, Bank of America Corp DE, Brookfield Public Securities Group LLC, Raymond James & Associates and Sumitomo Mitsui Trust Holdings Inc.. View Insider Buying and Selling for EnLink Midstream.

ENLC stock was acquired by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Bank of New York Mellon Corp, Renaissance Technologies LLC, Tortoise Capital Advisors L.L.C., Goldman Sachs Group Inc., Duff & Phelps Investment Management Co., Commonwealth of Pennsylvania Public School Empls Retrmt SYS and CIBC Private Wealth Group 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 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 $4.53.

EnLink Midstream has a market capitalization of $2.21 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]