NYSE:ENLC EnLink Midstream (ENLC) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free ENLC Stock Alerts $12.87 -0.01 (-0.08%) (As of 11:09 AM ET) Add Compare Share Share Today's Range$12.80▼$12.9650-Day Range$12.01▼$14.1052-Week Range$8.45▼$14.18Volume191,197 shsAverage Volume1.95 million shsMarket Capitalization$5.83 billionP/E Ratio36.77Dividend Yield4.12%Price Target$14.29 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get EnLink Midstream alerts: Email Address EnLink Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside11.0% Upside$14.29 Price TargetShort InterestBearish5.36% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.16Based on 19 Articles This WeekInsider TradingSelling Shares$3.64 M Sold Last QuarterProj. Earnings Growth23.33%From $0.60 to $0.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.78 out of 5 starsOils/Energy Sector141st out of 237 stocksNatural Gas Transmission Industry9th out of 18 stocks 2.3 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEnLink Midstream has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.36% of the float of EnLink Midstream has been sold short.Short Interest Ratio / Days to CoverEnLink Midstream has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in EnLink Midstream has recently increased by 3.88%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipEnLink Midstream is a leading dividend payer. It pays a dividend yield of 4.12%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnLink Midstream has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of EnLink Midstream is 151.43%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, EnLink Midstream will have a dividend payout ratio of 71.62% next year. This indicates that EnLink Midstream will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENLC. Previous Next 2.9 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 19 news articles for EnLink Midstream this week, compared to 3 articles on an average week.Search Interest1 people have searched for ENLC on MarketBeat in the last 30 days. MarketBeat Follows6 people have added EnLink Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EnLink Midstream insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,642,668.00 in company stock.Percentage Held by InsidersOnly 0.84% of the stock of EnLink Midstream is held by insiders.Percentage Held by Institutions45.87% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to grow by 23.33% in the coming year, from $0.60 to $0.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is 36.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.60.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 36.77, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.63.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)Watch my video for all of the details About EnLink Midstream Stock (NYSE:ENLC)EnLink Midstream, LLC provides midstream energy services in the United States. The company operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. It 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. In addition, the company's midstream energy asset network includes natural gas processing plants; fractionators; barge and rail terminals; product storage facilities; and brine disposal wells. EnLink Midstream, LLC was incorporated in 2013 and is based in Dallas, Texas.Read More ENLC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ENLC Stock News HeadlinesMay 3, 2024 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Shares Gap Down to $13.72May 2, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on EnLink Midstream (ENLC)May 3, 2024 | Stansberry Research (Ad)The Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.May 2, 2024 | finance.yahoo.comEnLink Midstream First Quarter 2024 Earnings: Misses ExpectationsMay 2, 2024 | finance.yahoo.comEnLink Midstream, LLC (NYSE:ENLC) Q1 2024 Earnings Call TranscriptMay 2, 2024 | americanbankingnews.comFY2024 EPS Estimates for EnLink Midstream, LLC Cut by US Capital Advisors (NYSE:ENLC)May 2, 2024 | gurufocus.comQ1 2024 EnLink Midstream LLC Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comQ1 2024 EnLink Midstream LLC Earnings CallMay 3, 2024 | Stansberry Research (Ad)The Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.May 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: EnLink Midstream (ENLC), US Silica Holdings (SLCA) and Marathon Petroleum (MPC)May 1, 2024 | seekingalpha.comEnLink Midstream, LLC 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | markets.businessinsider.comENLC Stock Earnings: EnLink Midstream Misses EPS, Misses Revenue for Q1 2024April 30, 2024 | finance.yahoo.comEnLink Midstream LLC (ENLC) Q1 2024 Earnings: A Detailed Financial ReviewApril 30, 2024 | msn.comEnLink Midstream GAAP EPS of $0.03 misses by $0.11, revenue of $1.64B misses by $480MApril 30, 2024 | prnewswire.comEnLink Midstream Reports First Quarter 2024 ResultsApril 30, 2024 | americanbankingnews.comEnLink Midstream, LLC (NYSE:ENLC) Given Average Rating of "Moderate Buy" by AnalystsApril 25, 2024 | finance.yahoo.comEnLink Midstream (NYSE:ENLC) Is Paying Out A Dividend Of $0.1325April 24, 2024 | finance.yahoo.comBroker Revenue Forecasts For EnLink Midstream, LLC (NYSE:ENLC) Are Surging HigherApril 23, 2024 | americanbankingnews.comEnLink Midstream (ENLC) Scheduled to Post Earnings on TuesdayApril 21, 2024 | 247wallst.com5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers HappenApril 20, 2024 | finance.yahoo.comEnLink Midstream, LLC (NYSE:ENLC) Pays A US$0.1325 Dividend In Just Four DaysApril 20, 2024 | nasdaq.comDecember 20th Options Now Available For EnLink Midstream (ENLC)April 17, 2024 | investing.comCiti raises EnLink Midstream stock, maintains buy rating on positive outlookApril 16, 2024 | markets.businessinsider.comEnLink Midstream Poised for Growth and High Returns: A Buy RatingApril 12, 2024 | msn.comEnLink Midstream declares $0.1325 dividendApril 11, 2024 | finance.yahoo.comEnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2024 EarningsApril 11, 2024 | prnewswire.comEnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2024 EarningsSee More Headlines Receive ENLC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EnLink Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/9 Dividend1/26/2024Dividend Payable2/09/2024Last Earnings2/20/2024Ex-Dividend for 5/14 Dividend4/25/2024Today5/03/2024Dividend Payable5/14/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNYSE:ENLC CUSIPN/A CIK1592000 Webwww.enlink.com Phone(214) 953-9500Fax214-953-9501Employees1,072Year FoundedN/APrice Target and Rating Average Stock Price Target$14.29 High Stock Price Target$16.00 Low Stock Price Target$12.00 Potential Upside/Downside+10.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.35 Trailing P/E Ratio36.80 Forward P/E Ratio21.47 P/E GrowthN/ANet Income$206.20 million Net Margins2.40% Pretax Margin5.98% Return on Equity8.45% Return on Assets2.72% Debt Debt-to-Equity Ratio1.70 Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$6.90 billion Price / Sales0.85 Cash Flow$1.96 per share Price / Cash Flow6.56 Book Value$5.83 per share Price / Book2.21Miscellaneous Outstanding Shares453,180,000Free Float449,370,000Market Cap$5.84 billion OptionableOptionable Beta2.39 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Jesse Arenivas (Age 50)CEO & Director of Enlink Midstream Manager LLC Comp: $1.96MMr. Benjamin D. Lamb (Age 44)Executive VP & CFO of EnLink Midstream Manager, LLC Comp: $1.9MMr. Walter Pinto (Age 62)Executive VP & COO of EnLink Midstream Manager, LLC Comp: $1.32MMr. Adam S. Forman (Age 55)Executive VP, General Counsel & Secretary Comp: $834.82kMr. Dilanka SeimonExecutive VP & Chief Commercial OfficerMr. Jan Philipp Rossbach (Age 42)VP & Chief Accounting Officer Mr. Brian Joseph Brungardt Jr.C.F.A., Director of Investor RelationsMs. Jill McMillan-MelottVice President of Strategic Relations & Public AffairsMr. Justin GriffinSenior Vice President of Business & Corporate DevelopmentMs. Rhonda L. PriceSenior Vice President of Human Resources - Enlink Midstream Manager LLCMore ExecutivesKey CompetitorsDT MidstreamNYSE:DTMEquitrans MidstreamNYSE:ETRNKinetikNASDAQ:KNTKAntero MidstreamNYSE:AMArchrockNYSE:AROCView All CompetitorsInsiders & InstitutionsJennison Associates LLCSold 1,328,206 shares on 5/2/2024Ownership: 0.306%Mirae Asset Global Investments Co. Ltd.Sold 6,198,208 shares on 5/1/2024Ownership: 1.335%BNP Paribas Financial MarketsSold 175,593 shares on 5/1/2024Ownership: 0.066%Mcintyre Freedman & Flynn Investment Advisers Inc.Bought 3,200 shares on 4/30/2024Ownership: 0.007%Commonwealth Equity Services LLCSold 6,219 shares on 4/29/2024Ownership: 0.041%View All Insider TransactionsView All Institutional Transactions ENLC Stock Analysis - Frequently Asked Questions Should I buy or sell EnLink Midstream stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ENLC shares. View ENLC analyst ratings or view top-rated stocks. What is EnLink Midstream's stock price target for 2024? 6 brokers have issued 1-year price objectives for EnLink Midstream's shares. Their ENLC share price targets range from $12.00 to $16.00. On average, they expect the company's stock price to reach $14.29 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View analysts price targets for ENLC or view top-rated stocks among Wall Street analysts. How have ENLC shares performed in 2024? EnLink Midstream's stock was trading at $12.16 on January 1st, 2024. Since then, ENLC shares have increased by 5.8% and is now trading at $12.87. View the best growth stocks for 2024 here. When is EnLink Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our ENLC earnings forecast. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) posted its earnings results on Tuesday, February, 20th. The pipeline company reported $0.14 earnings per share for the quarter, hitting analysts' consensus estimates of $0.14. The pipeline company earned $1.86 billion during the quarter, compared to analysts' expectations of $1.82 billion. EnLink Midstream had a net margin of 2.40% and a trailing twelve-month return on equity of 8.45%. How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream? EnLink Midstream declared a quarterly dividend on Thursday, April 11th. Shareholders of record on Friday, April 26th will be given a dividend of $0.132 per share on Tuesday, May 14th. This represents a $0.53 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend is Thursday, April 25th. Read our dividend analysis for ENLC. Is EnLink Midstream a good dividend stock? EnLink Midstream (NYSE:ENLC) pays an annual dividend of $0.53 per share and currently has a dividend yield of 4.12%. ENLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 151.43%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ENLC will have a dividend payout ratio of 71.62% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ENLC. What ETFs hold EnLink Midstream's stock? ETFs with the largest weight of EnLink Midstream (NYSE:ENLC) stock in their portfolio include InfraCap MLP ETF (AMZA), Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), Virtus Duff & Phelps Clean Energy ETF (VCLN), Alerian Energy Infrastructure ETF (ENFR), Pacer American Energy Independence ETF (USAI), USCF Midstream Energy Income Fund (UMI) and Counterpoint Quantitative Equity ETF (CPAI). What is Barry Davis' approval rating as EnLink Midstream's CEO? 18 employees have rated EnLink Midstream Chief Executive Officer Barry Davis on Glassdoor.com. Barry Davis has an approval rating of 43% among the company's employees. This puts Barry Davis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 Real Estate Investment Trust (PEI), DHT (DHT), New Residential Investment (NRZ), CNBX Pharmaceuticals (CNBX), ADMA Biologics (ADMA), CBL & Associates Properties (CBL) and Matinas BioPharma (MTNB). 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 Chickasaw Capital Management LLC (3.05%), Mirae Asset Global Investments Co. Ltd. (1.34%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.52%), Miller Howard Investments Inc. NY (0.48%), Hennessy Advisors Inc. (0.47%) and Jennison Associates LLC (0.31%). Insiders that own company stock include Alaina K Brooks, Benjamin D Lamb, Egypt Holdings Lp Wsip, Goldman Sachs Group Inc, Jan Philipp Rossbach and Kyle D Vann. View institutional ownership trends. How do I buy shares of EnLink Midstream? Shares of ENLC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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