NYSE:ERF Enerplus (ERF) Stock Forecast, Price & News $13.99 +0.17 (+1.23%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$13.73▼$14.2350-Day Range$13.81▼$15.4652-Week Range$11.00▼$19.23Volume1.17 million shsAverage Volume1.04 million shsMarket Capitalization$3.00 billionP/E Ratio3.24Dividend Yield1.57%Price Target$25.43 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Enerplus MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside81.8% Upside$25.43 Price TargetShort InterestHealthy2.01% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.36Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth1.42%From $2.11 to $2.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.46 out of 5 starsOils/Energy Sector289th out of 494 stocksCrude Petroleum & Natural Gas Industry121st out of 160 stocks 3.4 Analyst's Opinion Consensus RatingEnerplus has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.43, Enerplus has a forecasted upside of 81.8% from its current price of $13.99.Amount of Analyst CoverageEnerplus has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.01% of the float of Enerplus has been sold short.Short Interest Ratio / Days to CoverEnerplus has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Enerplus has recently increased by 4.76%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldEnerplus pays a meaningful dividend of 1.54%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEnerplus has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Enerplus is 5.09%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Enerplus will have a dividend payout ratio of 10.28% next year. This indicates that Enerplus 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 ERF. Previous Next 1.9 News and Social Media Coverage News SentimentEnerplus has a news sentiment score of 0.36. 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 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Enerplus this week, compared to 3 articles on an average week.Search InterestOnly 9 people have searched for ERF on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Enerplus insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.41% of the stock of Enerplus is held by insiders.Percentage Held by Institutions53.01% of the stock of Enerplus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Enerplus are expected to grow by 1.42% in the coming year, from $2.11 to $2.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Enerplus is 3.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Enerplus is 3.24, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 54.46.Price to Book Value per Share RatioEnerplus has a P/B Ratio of 2.63. 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 About Enerplus (NYSE:ERF) StockEnerplus Corp. engages in the exploration and production of crude oil and natural gas. It conducts operations in Willston Basin, Marcellus Shale, and Canadian Waterfloods. The firm holds interests in North Dakota, Colorado, Pennsylvania, and in the provinces of Alberta and Saskatchewan. The company was founded in 1986 and is headquartered in Calgary, Canada.Read More Receive ERF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Enerplus and its competitors with MarketBeat's FREE daily newsletter. Email Address ERF Stock News HeadlinesMay 31, 2023 | ca.finance.yahoo.comERF - Enerplus CorporationMay 31, 2023 | finance.yahoo.comERF.TO - Enerplus CorporationJune 2, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 28, 2023 | americanbankingnews.comEnerplus Co. (ERF) to Issue Quarterly Dividend of $0.11 on June 15thMay 26, 2023 | americanbankingnews.comBrokerages Set Enerplus Co. (NYSE:ERF) PT at $25.43May 18, 2023 | americanbankingnews.comEnerplus (NYSE:ERF) Now Covered by StockNews.comMay 17, 2023 | americanbankingnews.comEnerplus Co. (NYSE:ERF) Expected to Post Q2 2023 Earnings of $0.53 Per ShareMay 10, 2023 | msn.comEnerplus (ERF) Declares $0.07 DividendJune 2, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 10, 2023 | americanbankingnews.comEnerplus (NYSE:ERF) Rating Lowered to Hold at StockNews.comMay 8, 2023 | seekingalpha.comEnerplus: Strong Cash Flow And Production Assets Indicate Long-Term GrowthMay 6, 2023 | washingtonpost.comEnerplus: Q1 Earnings SnapshotMay 6, 2023 | msn.comRecap: Enerplus Q1 EarningsMay 5, 2023 | finance.yahoo.comEnerplus Announces Voting Results from the 2023 Annual Meeting of ShareholdersMay 1, 2023 | americanbankingnews.comEnerplus Co. (NYSE:ERF) Receives $24.75 Average Price Target from AnalystsApril 29, 2023 | americanbankingnews.comFY2023 EPS Estimates for Enerplus Co. (NYSE:ERF) Lowered by AnalystApril 27, 2023 | americanbankingnews.comEnerplus (ERF) Set to Announce Earnings on ThursdayApril 20, 2023 | americanbankingnews.comEnerplus (NYSE:ERF) Rating Increased to Overweight at BarclaysApril 19, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Enerplus Co. Increased by Capital One Financial (NYSE:ERF)April 18, 2023 | americanbankingnews.comShort Interest in Enerplus Co. (NYSE:ERF) Rises By 23.8%April 15, 2023 | americanbankingnews.comFinancial Comparison: Denbury (NYSE:DEN) and Enerplus (NYSE:ERF)April 15, 2023 | americanbankingnews.comBrokers Issue Forecasts for Enerplus Co.'s Q2 2023 Earnings (NYSE:ERF)April 14, 2023 | theglobeandmail.comClosing Bell: Enerplus Corp down on Thursday (ERF)April 12, 2023 | theglobeandmail.comStocks in play: Enerplus CorporationApril 8, 2023 | americanbankingnews.comEnerplus Sees Unusually Large Options Volume (NYSE:ERF)April 6, 2023 | americanbankingnews.comEnerplus Co. (NYSE:ERF) Receives $24.75 Average Target Price from AnalystsApril 1, 2023 | americanbankingnews.comEnerplus Co. (NYSE:ERF) to Post FY2023 Earnings of $2.14 Per Share, Capital One Financial ForecastsSee More Headlines ERF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERF Company Calendar Last Earnings11/08/2019Ex-Dividend for 3/15 Dividend3/03/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend5/30/2023Today6/02/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:ERF CUSIPN/A CIK1126874 Webwww.enerplus.com Phone(403) 298-2200Fax403-298-2211Employees435Year FoundedN/APrice Target and Rating Average Stock Price Forecast$25.43 High Stock Price Forecast$33.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+81.8%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$4.32 Trailing P/E Ratio3.24 Forward P/E Ratio6.63 P/E GrowthN/ANet Income$914.30 million Net Margins44.08% Pretax Margin57.65% Return on Equity72.62% Return on Assets34.82% Debt Debt-to-Equity Ratio0.11 Current Ratio0.76 Quick Ratio0.76 Sales & Book Value Annual Sales$2.16 billion Price / Sales1.39 Cash Flow$4.63 per share Price / Cash Flow3.02 Book Value$5.32 per share Price / Book2.63Miscellaneous Outstanding Shares214,210,000Free Float213,330,000Market Cap$3.00 billion OptionableOptionable Beta2.18 Key ExecutivesIan C. DundasPresident, Chief Executive Officer & DirectorWade D. HutchingsChief Operating Officer & Senior Vice PresidentJodine J. Jenson LabrieChief Financial Officer & Senior Vice PresidentDavid A. McCoySecretary, Vice President & General CounselDaniel J. FitzgeraldVice President-Business DevelopmentKey CompetitorsSM EnergyNYSE:SMBlack Stone MineralsNYSE:BSMKosmos EnergyNYSE:KOSCalifornia ResourcesNYSE:CRCComstock ResourcesNYSE:CRKView All CompetitorsInstitutional OwnershipToroso Investments LLCBought 29,027 shares on 5/23/2023Ownership: 0.014%Arete Wealth Advisors LLCBought 24,213 shares on 5/22/2023Ownership: 0.011%JPMorgan Chase & Co.Bought 33,784 shares on 5/18/2023Ownership: 0.059%Atlas Capital Advisors LLCSold 2,090 shares on 5/16/2023Ownership: 0.001%Belpointe Asset Management LLCBought 1,140 shares on 5/16/2023Ownership: 0.001%View All Institutional Transactions ERF Stock - Frequently Asked Questions Should I buy or sell Enerplus stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ERF shares. View ERF analyst ratings or view top-rated stocks. What is Enerplus' stock price forecast for 2023? 5 brokerages have issued 12-month target prices for Enerplus' stock. Their ERF share price forecasts range from $20.00 to $33.00. On average, they predict the company's share price to reach $25.43 in the next twelve months. This suggests a possible upside of 81.8% from the stock's current price. View analysts price targets for ERF or view top-rated stocks among Wall Street analysts. How have ERF shares performed in 2023? Enerplus' stock was trading at $17.65 on January 1st, 2023. Since then, ERF shares have decreased by 20.7% and is now trading at $13.99. View the best growth stocks for 2023 here. Are investors shorting Enerplus? Enerplus saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,990,000 shares, an increase of 5.3% from the April 15th total of 3,790,000 shares. Based on an average daily volume of 1,200,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 1.9% of the company's stock are short sold. View Enerplus' Short Interest. When is Enerplus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our ERF earnings forecast. How were Enerplus' earnings last quarter? Enerplus Co. (NYSE:ERF) released its earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by $0.01. The oil and natural gas company had revenue of $256.81 million for the quarter, compared to the consensus estimate of $251 million. Enerplus had a net margin of 44.08% and a trailing twelve-month return on equity of 72.62%. During the same period in the previous year, the firm posted $0.35 EPS. How often does Enerplus pay dividends? What is the dividend yield for Enerplus? Enerplus declared a quarterly dividend on Thursday, May 4th. Investors of record on Wednesday, May 31st will be given a dividend of $0.11 per share on Thursday, June 15th. This represents a $0.44 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend is Tuesday, May 30th. Read our dividend analysis for ERF. What ETFs hold Enerplus' stock? ETFs with the largest weight of Enerplus (NYSE:ERF) stock in their portfolio include iShares International Small Cap Equity Factor ETF (ISCF).iShares North American Natural Resources ETF (IGE). Is Enerplus a good dividend stock? Enerplus (NYSE:ERF) pays an annual dividend of $0.22 per share and currently has a dividend yield of 1.54%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERF will have a dividend payout ratio of 10.28% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ERF. What is Ian C. Dundas' approval rating as Enerplus' CEO? 22 employees have rated Enerplus Chief Executive Officer Ian C. Dundas on Glassdoor.com. Ian C. Dundas has an approval rating of 76% among the company's employees. What other stocks do shareholders of Enerplus own? Based on aggregate information from My MarketBeat watchlists, some companies that other Enerplus investors own include Pennsylvania Real Estate Investment Trust (PEI), Gran Tierra Energy (GTE), CNBX Pharmaceuticals (CNBX), Organigram (OGI), Golar LNG Partners (GMLP), KushCo (KSHB), Matinas BioPharma (MTNB), ADMA Biologics (ADMA), DHT (DHT) and Bionano Genomics (BNGO). What is Enerplus' stock symbol? Enerplus trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERF." Who are Enerplus' major shareholders? Enerplus' stock is owned by many different retail and institutional investors. Top institutional investors include Kimmeridge Energy Management Company LLC (3.62%), Wellington Management Group LLP (2.74%), Aventail Capital Group LP (1.85%), SIR Capital Management L.P. (1.64%), Palo Duro Investment Partners LP (1.55%) and Acadian Asset Management LLC (1.35%). How do I buy shares of Enerplus? Shares of ERF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Enerplus' stock price today? One share of ERF stock can currently be purchased for approximately $13.99. How much money does Enerplus make? Enerplus (NYSE:ERF) has a market capitalization of $3.00 billion and generates $2.16 billion in revenue each year. The oil and natural gas company earns $914.30 million in net income (profit) each year or $4.32 on an earnings per share basis. How many employees does Enerplus have? The company employs 435 workers across the globe. How can I contact Enerplus? Enerplus' mailing address is THE DOME TOWER 3000 - 333 7TH AVENUE SW, CALGARY A0, T2P 2Z1. The official website for the company is www.enerplus.com. The oil and natural gas company can be reached via phone at (403) 298-2200, via email at investorrelations@enerplus.com, or via fax at 403-298-2211. This page (NYSE:ERF) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Enerplus Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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