Enerplus Stock Price, News & Analysis (NYSE:ERF)

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ERF shares.
View ERF analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued 1 year price targets for Enerplus' stock. Their ERF share price targets range from $10.00 to $25.00. On average, they expect the company's stock price to reach $21.38 in the next year. This suggests a possible upside of 38.3% from the stock's current price.
View analysts price targets for ERF or view top-rated stocks among Wall Street analysts.

Enerplus' stock was trading at $17.65 at the start of the year. Since then, ERF shares have decreased by 12.4% and is now trading at $15.46.
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Enerplus saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 3,620,000 shares, an increase of 6.5% from the October 31st total of 3,400,000 shares. Based on an average trading volume of 1,130,000 shares, the short-interest ratio is currently 3.2 days. Currently, 1.8% of the shares of the company are sold short.
View Enerplus' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our ERF earnings forecast.

Enerplus Co. (NYSE:ERF) released its quarterly earnings data on Thursday, November, 2nd. The oil and natural gas company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.02. The oil and natural gas company had revenue of $447.23 million for the quarter. Enerplus had a net margin of 38.07% and a trailing twelve-month return on equity of 47.44%.

Enerplus announced a quarterly dividend on Thursday, November 2nd. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.06 per share on Friday, December 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Wednesday, November 29th.
Read our dividend analysis for ERF.

Enerplus (NYSE:ERF) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.50%. The dividend payout ratio is 8.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERF will have a dividend payout ratio of 8.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ERF.

iShares International Developed Small Cap Value Factor ETF holds 67,575 shares of ERF stock, representing 0.66% of its portfolio.

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.

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' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include KGH Ltd (3.76%), Wellington Management Group LLP (3.58%), Adage Capital Partners GP L.L.C. (2.95%), Ninepoint Partners LP (2.40%), Acadian Asset Management LLC (1.01%) and Invesco Ltd. (0.81%).

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.
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