Enerplus Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 2 hold ratings and 7 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.

Wall Street analysts have given Enerplus a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Enerplus wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Enerplus is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for Enerplus.

Enerplus Co. (NYSE:ERF) released its earnings results on Thursday, May, 6th. The oil and natural gas company reported $0.18 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.16 by $0.02. The oil and natural gas company had revenue of $228.06 million for the quarter. Enerplus had a positive trailing twelve-month return on equity of 8.41% and a negative net margin of 109.61%.
View Enerplus' earnings history.

Enerplus' stock was trading at $1.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ERF shares have increased by 266.2% and is now trading at $7.14.
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Enerplus announced a quarterly dividend on Monday, May 10th. Investors of record on Friday, May 28th will be given a dividend of $0.0271 per share on Tuesday, June 15th. This represents a $0.11 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend is Thursday, May 27th.
View Enerplus' dividend history.

Enerplus pays an annual dividend of $0.05 per share and currently has a dividend yield of 0.71%. Enerplus does not yet have a strong track record of dividend growth. The dividend payout ratio of Enerplus is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Enerplus will have a dividend payout ratio of 3.55% next year. This indicates that Enerplus will be able to sustain or increase its dividend.
View Enerplus' dividend history.

9 brokerages have issued 12-month price objectives for Enerplus' stock. Their forecasts range from $6.50 to $10.50. On average, they anticipate Enerplus' share price to reach $9.09 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price.
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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 Cabot Oil & Gas (COG), EQT (EQT), Chesapeake Energy (CHK), PDC Energy (PDCE), Antero Resources (AR), Range Resources (RRC), Matador Resources (MTDR), Southwestern Energy (SWN), Denbury (DEN), Magnolia Oil & Gas (MGY), Murphy Oil (MUR), CNX Resources (CNX), Viper Energy Partners (VNOM), ARC Resources (AETUF) and California Resources (CRC).
View all of ERF's competitors.

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), Cannabics 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."

Enerplus' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Key Group Holdings Cayman LTD. (8.22%), Encompass Capital Advisors LLC (6.00%), Boston Partners (2.27%), Arrowstreet Capital Limited Partnership (2.00%), BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp (1.54%) and Letko Brosseau & Associates Inc. (1.48%).

ERF stock was sold by a variety of institutional investors in the last quarter, including Encompass Capital Advisors LLC, Renaissance Technologies LLC, Point72 Asset Management L.P., Barclays PLC, Letko Brosseau & Associates Inc., Morgan Stanley, Polar Asset Management Partners Inc., and TD Asset Management Inc..

ERF stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, The Manufacturers Life Insurance Company, Schroder Investment Management Group, Arrowstreet Capital Limited Partnership, Hillsdale Investment Management Inc., Acadian Asset Management LLC, and Toronto Dominion Bank.

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 $7.14.

Enerplus has a market capitalization of $1.83 billion and generates $550.34 million in revenue each year. The oil and natural gas company earns $-689,290,000.00 in net income (profit) each year or $0.07 on an earnings per share basis.

Enerplus employs 360 workers across the globe.

The official website for Enerplus is www.enerplus.com.

Enerplus is headquartered at THE DOME TOWER 3000 - 333 7TH AVENUE SW, CALGARY A0, T2P 2Z1.

Enerplus' mailing address is THE DOME TOWER 3000 - 333 7TH AVENUE SW, CALGARY A0, T2P 2Z1. The oil and natural gas company can be reached via phone at 403-298-2200 or via email at [email protected]