EnLink Midstream Stock Price, News & Analysis (NYSE:ENLC)

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

EnLink Midstream declared a quarterly dividend on Tuesday, October 15th. Investors of record on Monday, October 28th will be given a dividend of $0.283 per share on Wednesday, November 13th. This represents a $1.13 annualized dividend and a yield of 16.26%. The ex-dividend date of this dividend is Friday, October 25th. View EnLink Midstream's Dividend History.

EnLink Midstream LLC (NYSE:ENLC) issued its quarterly earnings data on Tuesday, August, 6th. The pipeline company reported $0.05 earnings per share for the quarter, missing the Zacks' 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 net margin of 3.21% and a negative return on equity of 0.16%. The business's revenue was down 3.1% on a year-over-year basis. During the same period last year, the business posted $0.15 earnings per share. View EnLink Midstream's Earnings History.

EnLink Midstream is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for EnLink Midstream.

EnLink Midstream will be holding an earnings conference call on Thursday, November 7th 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 brokerages have issued 12 month target prices for EnLink Midstream's shares. Their predictions range from $7.00 to $13.00. On average, they expect EnLink Midstream's share price to reach $10.35 in the next year. This suggests a possible upside of 48.7% 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 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EnLink Midstream.

News coverage about ENLC stock has been trending neutral on Thursday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. EnLink Midstream earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the pipeline company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for EnLink Midstream.

EnLink Midstream saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 18,120,000 shares, an increase of 6.7% from the August 30th total of 16,990,000 shares. Based on an average daily trading volume, of 3,320,000 shares, the short-interest ratio is currently 5.5 days. Currently, 7.1% of the shares of the stock are sold short. View EnLink Midstream's Current Options Chain.

Some companies that are related to EnLink Midstream include Western Midstream Partners (WES), Targa Resources (TRGP), EQM Midstream Partners (EQM), Tallgrass Energy (TGE), Enable Midstream Partners (ENBL), Antero Midstream (AM), DCP Midstream (DCP), TC Pipelines (TCP), Rattler Midstream (RTLR), USA Compression Partners (USAC), Archrock (AROC), Transportadora de Gas del Sur (TGS), 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), Western New England Bancorp (WNEB), Prospect Capital (PSEC), Enterprise Products Partners (EPD), Intel (INTC), NGL Energy Partners (NGL) and AbbVie (ABBV).

EnLink Midstream's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (4.67%), Hennessy Advisors Inc. (0.18%), Spirit of America Management Corp NY (0.12%), Walnut Private Equity Partners LLC (0.08%), State of New Jersey Common Pension Fund D (0.05%) and CWM LLC (0.02%). 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 CIBC Private Wealth Group LLC, Chickasaw Capital Management LLC, Spirit of America Management Corp NY, Hennessy Advisors Inc., Ballentine Partners LLC and Stephens Inc. AR. View Insider Buying and Selling for EnLink Midstream.

ENLC stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, CWM LLC, Walnut Private Equity Partners LLC, Brinker Capital Inc. and Envestnet Asset Management Inc.. 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 $6.96.

EnLink Midstream has a market capitalization of $3.39 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]