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 declared a quarterly dividend on Wednesday, January 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 12.70%. The ex-dividend date of this dividend is Thursday, January 30th. View EnLink Midstream's Dividend History.

EnLink Midstream LLC (NYSE:ENLC) released its quarterly earnings results on Thursday, November, 7th. The pipeline company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 business's quarterly revenue was down 33.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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 target prices for EnLink Midstream's shares. Their forecasts range from $5.00 to $13.00. On average, they anticipate EnLink Midstream's share price to reach $9.32 in the next year. This suggests a possible upside of 57.4% 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.

Headlines about ENLC stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing 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 daily sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the pipeline company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for EnLink Midstream.

EnLink Midstream saw a increase in short interest in December. As of December 31st, there was short interest totalling 15,220,000 shares, an increase of 11.3% from the December 15th total of 13,670,000 shares. Based on an average daily volume of 4,890,000 shares, the short-interest ratio is currently 3.1 days. Currently, 6.0% 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 Targa Resources (TRGP), Western Midstream Partners (WES), 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), 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 Hartford Financial Services Group (HIG), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), EnLink Midstream Partners (ENLK), Nordic American Tanker (NAT), Western New England Bancorp (WNEB), Mplx (MPLX), AT&T (T), Intel (INTC) and NVIDIA (NVDA).

EnLink Midstream's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (5.55%), Peterson Wealth Management (0.00%) and Arlington Partners LLC (0.00%). 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 bought by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Peterson Wealth Management and Arlington Partners 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 $5.92.

EnLink Midstream has a market capitalization of $2.89 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]