NYSE:ERF - Enerplus Stock Price, News, & Analysis

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

Enerplus announced a monthly dividend on Wednesday, March 20th. Stockholders of record on Friday, March 29th will be given a dividend of $0.0075 per share on Monday, April 15th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, March 28th. View Enerplus' Dividend History.

Enerplus declared that its Board of Directors has initiated a share repurchase program on Thursday, March 22nd 2018, which authorizes the company to buyback 17,100,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Enerplus Corp (NYSE:ERF) issued its earnings results on Friday, February, 22nd. The oil and natural gas company reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.04. The oil and natural gas company had revenue of $247.23 million for the quarter, compared to analysts' expectations of $248 million. Enerplus had a return on equity of 12.78% and a net margin of 32.58%. During the same quarter last year, the business posted $0.06 earnings per share. View Enerplus' Earnings History.

Enerplus is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Enerplus.

3 analysts have issued 1 year price targets for Enerplus' stock. Their predictions range from $15.00 to $25.50. On average, they anticipate Enerplus' share price to reach $20.25 in the next twelve months. This suggests a possible upside of 131.4% from the stock's current price. View Analyst Price Targets for Enerplus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Enerplus.

Media stories about ERF stock have been trending positive this week, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Enerplus earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned headlines about the oil and natural gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Some companies that are related to Enerplus include Energen (EGN), Encana (ECA), Cimarex Energy (XEC), Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR), Chesapeake Energy (CHK), EQT (EQT), Eclipse Resources (ECR), Viper Energy Partners (VNOM), Vermilion Energy (VET), Black Stone Minerals (BSM), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY) and PDC Energy (PDCE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Enerplus investors own include Pengrowth Energy (PGH), Baytex Energy (BTE), CVR Partners (UAN), Hi-Crush Partners (HCLP), AT&T (T), Energy Transfer LP Unit (ET), General Electric (GE), Brookfield Infrastructure Partners (BIP), Bank of America (BAC) and ConocoPhillips (COP).

Enerplus' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Connor Clark & Lunn Investment Management Ltd. (5.83%), Letko Brosseau & Associates Inc. (2.90%), TD Asset Management Inc. (1.96%), Boston Partners (1.75%), 1832 Asset Management L.P. (1.70%) and Norges Bank (1.41%).

ERF stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Waratah Capital Advisors Ltd., Mackenzie Financial Corp, Intact Investment Management Inc., Connor Clark & Lunn Investment Management Ltd., Bank of America Corp DE, Boston Advisors LLC and Toronto Dominion Bank.

ERF stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Two Sigma Investments LP, TD Asset Management Inc., Millennium Management LLC, 1832 Asset Management L.P., Two Sigma Advisers LP, Addenda Capital Inc. and Lincluden Management Ltd..

Shares of ERF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ERF stock can currently be purchased for approximately $8.75.

Enerplus has a market capitalization of $2.09 billion and generates $997.46 million in revenue each year. The oil and natural gas company earns $291.84 million in net income (profit) each year or $1.09 on an earnings per share basis. Enerplus employs 399 workers across the globe.

The official website for Enerplus is http://www.enerplus.com.

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]