NYSE:ERF

Enerplus (ERF) Stock Price, News & Analysis

$19.93
-0.18 (-0.90%)
(As of 05/10/2024 ET)
Today's Range
$19.86
$20.22
50-Day Range
$17.65
$20.67
52-Week Range
$13.46
$20.97
Volume
1.84 million shs
Average Volume
2.05 million shs
Market Capitalization
$4.07 billion
P/E Ratio
11.07
Dividend Yield
1.30%
Price Target
$21.87

Enerplus MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
9.7% Upside
$21.87 Price Target
Short Interest
Healthy
1.07% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of Enerplus in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.07%
From $1.99 to $2.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.88 out of 5 stars

Oils/Energy Sector

134th out of 245 stocks

Crude Petroleum & Natural Gas Industry

49th out of 80 stocks

ERF stock logo

About Enerplus Stock (NYSE:ERF)

Enerplus Corporation, together with its subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada.

ERF Stock Price History

ERF Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
StockNews.com Begins Coverage on Enerplus (NYSE:ERF)
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Enerplus: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/15 Dividend
3/01/2024
Dividend Payable
3/15/2024
Today
5/11/2024
Ex-Dividend for 6/4 Dividend
5/21/2024
Dividend Payable
6/04/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
404
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.87
High Stock Price Target
$25.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+9.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$456.08 million
Pretax Margin
29.19%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$4.20 per share
Book Value
$6.10 per share

Miscellaneous

Free Float
203,409,000
Market Cap
$4.07 billion
Optionable
Optionable
Beta
1.97
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Key Executives

  • Mr. Ian Charles Dundas B.Com. (Age 56)
    B.Comm., L.L.B., President, CEO & Non-Independent Director
    Comp: $1.6M
  • Ms. Jodine Julene-Jenson Labrie B.Com.
    B.Comm, C.A., CBV, Senior VP & CFO
  • Mr. Wade D. Hutchings (Age 51)
    Senior VP & COO
    Comp: $1.02M
  • Mr. David A. McCoy B.Comm.
    Llb, VP, General Counsel & Corporate Secretary
  • Drew Mair
    Manager of Investor Relations
  • Mr. Garth R. Doll
    Vice President of Marketing & Midstream
  • Ms. Pamela Anne Ramotowski
    Vice President of People & Culture

ERF Stock Analysis - Frequently Asked Questions

Should I buy or sell Enerplus stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ERF shares.
View ERF analyst ratings
or view top-rated stocks.

What is Enerplus' stock price target for 2024?

6 analysts have issued 12 month price targets for Enerplus' shares. Their ERF share price targets range from $19.00 to $25.00. On average, they anticipate the company's share price to reach $21.87 in the next year. This suggests a possible upside of 9.7% 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 2024?

Enerplus' stock was trading at $15.34 at the beginning of 2024. Since then, ERF shares have increased by 29.9% and is now trading at $19.93.
View the best growth stocks for 2024 here
.

Are investors shorting Enerplus?

Enerplus saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 2,080,000 shares, a decrease of 6.3% from the April 15th total of 2,220,000 shares. Based on an average daily volume of 3,460,000 shares, the days-to-cover ratio is presently 0.6 days. Approximately 1.1% of the shares of the company 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 Wednesday, August 14th 2024.
View our ERF earnings forecast
.

How were Enerplus' earnings last quarter?

Enerplus Co. (NYSE:ERF) posted its earnings results on Wednesday, February, 21st. The oil and natural gas company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.53 by $0.01. The oil and natural gas company had revenue of $437.10 million for the quarter. Enerplus had a trailing twelve-month return on equity of 33.88% and a net margin of 24.09%.

How often does Enerplus pay dividends? What is the dividend yield for Enerplus?

Enerplus declared a quarterly dividend on Wednesday, May 8th. Investors of record on Wednesday, May 22nd will be paid a dividend of $0.065 per share on Tuesday, June 4th. This represents a $0.26 annualized dividend and a yield of 1.30%. The ex-dividend date is Tuesday, May 21st.
Read our dividend analysis for ERF
.

Is Enerplus a good dividend stock?

Enerplus (NYSE:ERF) pays an annual dividend of $0.26 per share and currently has a dividend yield of 1.29%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERF will have a dividend payout ratio of 11.45% 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), CNBX Pharmaceuticals (CNBX), Organigram (OGI), Golar LNG Partners (GMLP), KushCo (KSHB), Matinas BioPharma (MTNB), ADMA Biologics (ADMA), DHT (DHT) and Bionano Genomics (BNGO).

Who are Enerplus' major shareholders?

Enerplus' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.65%), Picton Mahoney Asset Management (0.79%), Swiss National Bank (0.19%), Raymond James & Associates (0.17%), Foundry Partners LLC (0.14%) and Allspring Global Investments Holdings LLC (0.13%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ERF) was last updated on 5/12/2024 by MarketBeat.com Staff

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