Enerplus Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Enerplus stock.
View analyst ratings for Enerplus or view top-rated stocks.

8 Wall Street analysts have issued 1 year target prices for Enerplus' shares. Their ERF stock forecasts range from $17.00 to $30.00. On average, they predict Enerplus' stock price to reach $22.50 in the next twelve months. This suggests a possible upside of 76.6% from the stock's current price.
View analysts' price targets for Enerplus or view top-rated stocks among Wall Street analysts.

Enerplus' stock was trading at $10.58 at the beginning of 2022. Since then, ERF stock has increased by 20.4% and is now trading at $12.74.
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Enerplus saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,180,000 shares, an increase of 22.5% from the May 31st total of 4,230,000 shares. Based on an average trading volume of 2,590,000 shares, the short-interest ratio is currently 2.0 days. Currently, 2.2% of the company's shares are sold short.
View Enerplus' Short Interest.

Enerplus is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Enerplus.

Enerplus Co. (NYSE:ERF) posted its quarterly earnings data on Thursday, May, 5th. The oil and natural gas company reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.03. The oil and natural gas company had revenue of $513.15 million for the quarter. Enerplus had a trailing twelve-month return on equity of 69.73% and a net margin of 14.62%.
View Enerplus' earnings history.

Enerplus announced a quarterly dividend on Thursday, May 5th. Investors of record on Friday, May 27th will be paid a dividend of $0.043 per share on Wednesday, June 15th. This represents a $0.17 annualized dividend and a yield of 1.35%. The ex-dividend date is Thursday, May 26th. This is a boost from Enerplus's previous quarterly dividend of $0.03.
View Enerplus' dividend history.

Enerplus(NYSE:ERF) pays an annual dividend of $0.17 per share and currently has a dividend yield of 1.34%. Enerplus 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 of Enerplus is 20.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Enerplus will have a dividend payout ratio of 4.25% next year. This indicates that Enerplus will be able to sustain or increase its dividend.
View Enerplus' dividend history.

22 employees have rated Enerplus CEO Ian C. Dundas on Glassdoor.com. Ian C. Dundas has an approval rating of 76% among Enerplus' employees.

Some companies that are related to Enerplus include Gulfport Energy (GPORQ), APA (APA), Ovintiv (OVV), Chesapeake Energy (CHK), Antero Resources (AR), Toray Industries (TRYIY), ARC Resources (AETUF), Southwestern Energy (SWN), Range Resources (RRC), Matador Resources (MTDR), PDC Energy (PDCE), Magnolia Oil & Gas (MGY), Murphy Oil (MUR), Viper Energy Partners (VNOM) and Crescent Point Energy (CPG).
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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).

Enerplus trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERF."

Shares of ERF 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.
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One share of ERF stock can currently be purchased for approximately $12.74.

Enerplus (NYSE:ERF) has a market capitalization of $3.04 billion and generates $963.90 million in revenue each year. The oil and natural gas company earns $234.44 million in net income (profit) each year or $0.82 on an earnings per share basis.

Enerplus employs 435 workers across the globe.

Enerplus' mailing address is THE DOME TOWER 3000 - 333 7TH AVENUE SW, CALGARY A0, T2P 2Z1. The official website for Enerplus 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.