NYSE:ERF Enerplus (ERF) Stock Forecast, Price & News $17.24 +0.02 (+0.12%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$17.07▼$17.3950-Day Range$15.69▼$17.7952-Week Range$12.43▼$19.23Volume1.05 million shsAverage Volume1.10 million shsMarket Capitalization$3.62 billionP/E Ratio4.70Dividend Yield1.45%Price Target$18.21 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Enerplus MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside5.6% Upside$18.21 Price TargetShort InterestHealthy1.60% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.59Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth20.35%From $2.31 to $2.78 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.2.31 out of 5 starsOils/Energy Sector113th out of 245 stocksCrude Petroleum & Natural Gas Industry41st out of 80 stocks 1.4 Analyst's Opinion Consensus RatingEnerplus has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.21, Enerplus has a forecasted upside of 5.6% from its current price of $17.25.Amount of Analyst CoverageEnerplus has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.60% of the float of Enerplus has been sold short.Short Interest Ratio / Days to CoverEnerplus has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Enerplus has recently decreased by 35.07%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldEnerplus pays a meaningful dividend of 1.44%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEnerplus has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Enerplus is 6.81%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Enerplus will have a dividend payout ratio of 8.99% 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 2.0 News and Social Media Coverage News SentimentEnerplus has a news sentiment score of 0.59. 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 0.71 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Enerplus this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for ERF on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat Follows6 people have added Enerplus to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 Institutions56.60% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Enerplus are expected to grow by 20.35% in the coming year, from $2.31 to $2.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Enerplus is 4.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Enerplus is 4.70, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.21.Price to Book Value per Share RatioEnerplus has a P/B Ratio of 3.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Enerplus (NYSE:ERF) StockEnerplus Corporation, together with subsidiaries, acquires, develops, and explores crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.Read More ERF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERF Stock News HeadlinesSeptember 25, 2023 | americanbankingnews.comEnerplus Co. (NYSE:ERF) Receives Consensus Rating of "Moderate Buy" from BrokeragesSeptember 11, 2023 | finance.yahoo.comWith 60% ownership, Enerplus Corporation (TSE:ERF) boasts of strong institutional backingSeptember 27, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 6, 2023 | uk.finance.yahoo.comEnerplus Corporation (ERF) interactive stock chart – Yahoo FinanceSeptember 1, 2023 | money.usnews.comEnerplus CorporationSeptember 1, 2023 | finance.yahoo.comOil Up Your Portfolio With These 3 Stocks for Smooth ReturnsAugust 25, 2023 | finance.yahoo.comIs It Smart To Buy Enerplus Corporation (TSE:ERF) Before It Goes Ex-Dividend?August 24, 2023 | seekingalpha.comEnerplus: Projected To Generate Over $250 Million In H2 2023 Free Cash FlowSeptember 27, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.August 9, 2023 | marketwatch.comEnerplus Raises 2023 Production Guidance -- Energy CommentAugust 8, 2023 | benzinga.comEarnings Preview For EnerplusAugust 3, 2023 | finance.yahoo.com5 Energy Stocks to Buy on Oil Price SurgeJuly 26, 2023 | seekingalpha.comEnerplus: Earnings Preview; Potential Profit DeclineJuly 24, 2023 | msn.comEnerplus: Strong Independent But The Focus On Buybacks Is DisappointingJuly 13, 2023 | markets.businessinsider.comBMO Capital Keeps Their Buy Rating on Enerplus (ERF)June 12, 2023 | finance.yahoo.comDo Options Traders Know Something About Enerplus (ERF) Stock We Don't?May 31, 2023 | ca.finance.yahoo.comERF - Enerplus CorporationMay 31, 2023 | finance.yahoo.comERF.TO - Enerplus CorporationMay 10, 2023 | msn.comEnerplus (ERF) Declares $0.07 DividendMay 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 ShareholdersApril 14, 2023 | theglobeandmail.comClosing Bell: Enerplus Corp down on Thursday (ERF)April 12, 2023 | theglobeandmail.comStocks in play: Enerplus CorporationMarch 1, 2023 | finance.yahoo.comEnerplus Corporation (NYSE:ERF) Q4 2022 Earnings Call TranscriptFebruary 26, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Enerplus (TSE:ERF) Passed With EaseSee More Headlines 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 Company Calendar Last Earnings8/09/2023Ex-Dividend for 9/15 Dividend8/30/2023Dividend Payable9/15/2023Today9/27/2023Next Earnings (Estimated)11/02/2023Fiscal 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) 298-2200Fax403-298-2211Employees379Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.21 High Stock Price Forecast$24.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+5.6%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.67 Trailing P/E Ratio4.70 Forward P/E Ratio7.60 P/E GrowthN/ANet Income$914.30 million Net Margins41.72% Pretax Margin54.23% Return on Equity57.30% Return on Assets30.91% Debt Debt-to-Equity Ratio0.14 Current Ratio0.71 Quick Ratio0.71 Sales & Book Value Annual Sales$2.16 billion Price / Sales1.68 Cash Flow$4.79 per share Price / Cash Flow3.60 Book Value$4.95 per share Price / Book3.48Miscellaneous Outstanding Shares210,200,000Free Float209,336,000Market Cap$3.62 billion OptionableOptionable Beta2.18 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Ian Charles Dundas B.Com. (Age 55)B.Comm., L.L.B., LLB, Pres, CEO & Non-Independent Director Comp: $1.6MMs. Jodine Julene-Jenson Labrie B.Com.B.Comm, C.A., CBV, Sr. VP & CFOMr. Wade D. Hutchings (Age 50)Sr. VP & COO Comp: $1.02MMr. David A. McCoy B.Comm.Llb, VP, Gen. Counsel & Corp. Sec.Drew MairMang. of Investor RelationsMr. Garth R. DollVP of Marketing & MidstreamMs. Pamela Anne RamotowskiVP of People & CultureMs. Shaina Brianne Morihira B.Com.C.A., CPA, VP of Fin.More ExecutivesKey CompetitorsNorthern Oil and GasNYSE:NOGCNX ResourcesNYSE:CNXKosmos EnergyNYSE:KOSCalifornia ResourcesNYSE:CRCCrescent Point EnergyNYSE:CPGView All CompetitorsInstitutional OwnershipAlberta Investment Management CorpSold 160,800 shares on 8/24/2023Ownership: 0.208%Wolverine Trading LLCSold 18,500 shares on 8/23/2023Ownership: 0.000%CIBC Asset Management IncBought 845 shares on 8/15/2023Ownership: 0.245%Seven Eight Capital LPSold 1,432 shares on 8/15/2023Ownership: 0.005%State of Tennessee Treasury DepartmentBought 3,900 shares on 8/15/2023Ownership: 0.002%View All Institutional Transactions ERF Stock - Frequently Asked Questions Should I buy or sell Enerplus stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ERF shares. View ERF analyst ratings or view top-rated stocks. What is Enerplus' stock price forecast for 2023? 6 Wall Street research analysts have issued twelve-month target prices for Enerplus' shares. Their ERF share price forecasts range from $10.00 to $24.00. On average, they expect the company's share price to reach $18.21 in the next twelve months. This suggests a possible upside of 5.6% 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 at the beginning of the year. Since then, ERF shares have decreased by 2.3% and is now trading at $17.2450. View the best growth stocks for 2023 here. Are investors shorting Enerplus? Enerplus saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 3,240,000 shares, a drop of 35.1% from the August 15th total of 4,990,000 shares. Based on an average daily volume of 1,230,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 1.6% of the company's shares are sold short. View Enerplus' Short Interest. When is Enerplus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our ERF earnings forecast. How were Enerplus' earnings last quarter? Enerplus Co. (NYSE:ERF) posted its earnings results on Wednesday, August, 9th. The oil and natural gas company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.43 by $0.04. The oil and natural gas company earned $350.94 million during the quarter. Enerplus had a net margin of 41.72% and a trailing twelve-month return on equity of 57.30%. How often does Enerplus pay dividends? What is the dividend yield for Enerplus? Enerplus announced a quarterly dividend on Wednesday, August 9th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.06 per share on Friday, September 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Wednesday, August 30th. This is a positive change from the stock's previous quarterly dividend of $0.01. Read our dividend analysis for ERF. What ETF holds Enerplus' stock ? iShares International Developed Small Cap Value Factor ETF holds 67,575 shares of ERF stock, representing 0.66% of its portfolio. Is Enerplus a good dividend stock? Enerplus (NYSE:ERF) pays an annual dividend of $0.25 per share and currently has a dividend yield of 1.48%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERF will have a dividend payout ratio of 9.16% 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 a number of institutional and retail investors. Top institutional investors include Encompass Capital Advisors LLC (2.20%), Palo Duro Investment Partners LP (2.00%), Westwood Holdings Group Inc. (1.95%), Alliancebernstein L.P. (1.12%), Acadian Asset Management LLC (1.09%) and Bank of Montreal Can (0.89%). 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 $17.25. How much money does Enerplus make? Enerplus (NYSE:ERF) has a market capitalization of $3.62 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 $3.67 on an earnings per share basis. How many employees does Enerplus have? The company employs 379 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 9/27/2023 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. 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