NYSE:ENLC EnLink Midstream Stock Forecast, Price & 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 $2.36 -0.15 (-5.98 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$2.36Now: $2.36▼$2.5850-Day Range$2.42MA: $2.79▼$3.1452-Week Range$0.88Now: $2.36▼$8.67Volume2.53 million shsAverage Volume4.81 million shsMarket Capitalization$1.16 billionP/E RatioN/ADividend Yield15.14%Beta3.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 2.9 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on 1 buy rating, 4 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.94, EnLink Midstream has a forecasted upside of 109.2% from its current price of $2.36.Amount of Analyst CoverageEnLink Midstream has only been the subject of 3 research reports in the past 90 days. Previous Next 1.7 Community Rank Outperform VotesEnLink Midstream has received 285 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEnLink Midstream has received 545 “underperform” votes. (Add your “underperform” vote.)Community SentimentEnLink Midstream has received 65.66% “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 15.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnLink Midstream has only been increasing its dividend for 1 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. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EnLink Midstream insiders have bought more of their company's stock than they have sold. Specifically, they have bought $119,200.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.45% of the stock of EnLink Midstream is held by insiders.Percentage Held by InstitutionsOnly 33.98% of the stock of EnLink Midstream is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to decrease in the coming year, from $0.18 to ($0.02) 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 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.9Community Rank: 1.7Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.97 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 Ratio1.38 Current Ratio1.18 Quick Ratio1.18Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio13.11 P/E GrowthN/A Sales & Book Value Annual Sales$6.05 billion Price / Sales0.19 Cash Flow$1.30 per share Price / Cash Flow1.82 Book Value$7.80 per share Price / Book0.30Profitability EPS (Most Recent Fiscal Year)$0.14 Net Income$-1,119,300,000.00 Net Margins-27.09% Return on Equity2.87% Return on Assets1.19%Miscellaneous Employees1,355 Outstanding Shares489,593,000Market Cap$1.16 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $2.36 -0.15 (-5.98 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price been impacted by Coronavirus (COVID-19)? EnLink Midstream's stock was trading at $1.96 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ENLC stock has increased by 20.4% and is now trading at $2.36. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of EnLink Midstream? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating 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 Thursday, November 5th 2020. View our earnings forecast for EnLink Midstream. How were EnLink Midstream's earnings last quarter? EnLink Midstream LLC (NYSE:ENLC) released its quarterly earnings results on Tuesday, August, 4th. The pipeline company reported $0.05 EPS for the quarter. The pipeline company earned $744.90 million during the quarter, compared to analyst estimates of $1.30 billion. EnLink Midstream had a positive return on equity of 2.87% and a negative net margin of 27.09%. 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, July 20th. Stockholders of record on Friday, July 31st will be paid a dividend of $0.094 per share on Thursday, August 13th. This represents a $0.38 annualized dividend and a dividend yield of 15.93%. The ex-dividend date of this dividend is Thursday, July 30th. View EnLink Midstream's dividend history. What price target have analysts set for ENLC? 8 analysts have issued 12 month price objectives for EnLink Midstream's stock. Their forecasts range from $1.00 to $9.00. On average, they expect EnLink Midstream's stock price to reach $4.94 in the next twelve months. This suggests a possible upside of 109.2% from the stock's current price. View analysts' price targets for EnLink Midstream. Are investors shorting EnLink Midstream? EnLink Midstream saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 9,930,000 shares, an increase of 8.8% from the August 15th total of 9,130,000 shares. Based on an average trading volume of 3,610,000 shares, the short-interest ratio is currently 2.8 days. Approximately 3.9% of the company's stock are short sold. View EnLink Midstream's Short Interest. Who are some of EnLink Midstream's key competitors? Some companies that are related to EnLink Midstream include Equitrans Midstream (ETRN), Western Midstream Partners (WES), Targa Resources (TRGP), Antero Midstream (AM), DCP Midstream (DCP), TC Pipelines (TCP), Enable Midstream Partners (ENBL), USA Compression Partners (USAC), Rattler Midstream (RTLR), CNX Midstream Partners (CNXM), Archrock (AROC), Transportadora de Gas del Sur (TGS), Altus Midstream (ALTM) 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 Golar LNG Partners (GMLP), Washington Prime Group (WPG), Gran Tierra Energy (GTE), Pennsylvania R.E.I.T. (PEI), DHT (DHT), New Residential Investment (NRZ), Cannabics Pharmaceuticals (CNBX), CBL & Associates Properties (CBL), ADMA Biologics (ADMA) and Matinas BioPharma (MTNB). 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 a variety of institutional and retail investors. Top institutional investors include Alps Advisors Inc. (6.52%), Chickasaw Capital Management LLC (3.29%), Brookfield Asset Management Inc. (0.89%), UBS Group AG (0.85%), First Trust Advisors LP (0.69%) and Bank of America Corp DE (0.63%). Company insiders that own EnLink Midstream stock include Barry E Davis, Goldman Sachs Group Inc, Kyle D Vann and Susan J Mcaden. View institutional ownership trends for EnLink Midstream. Which major investors are selling EnLink Midstream stock? ENLC stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Alps Advisors Inc., Cadence Capital Management LLC, California Public Employees Retirement System, Two Sigma Advisers LP, Envestnet Asset Management Inc., Mitsubishi UFJ Trust & Banking Corp, and Hodges Capital Management Inc.. View insider buying and selling activity for EnLink Midstream. Which major investors are buying EnLink Midstream stock? ENLC stock was acquired by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., First Trust Advisors LP, Blackstone Group Inc, Bank of America Corp DE, Great West Life Assurance Co. Can, UBS Group AG, Walnut Private Equity Partners LLC, and Jane Street 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 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 $2.36. How big of a company is EnLink Midstream? EnLink Midstream has a market capitalization of $1.16 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 9/23/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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