NYSE:ERF Enerplus - ERF Stock Forecast, Price & News 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. Please log in to your account or sign up in order to add this asset to your watchlist. $14.41 -0.04 (-0.28%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$14.29▼$14.5650-Day Range$13.07▼$17.9952-Week Range$11.00▼$19.23Volume1.24 million shsAverage Volume1.49 million shsMarket Capitalization$3.12 billionP/E Ratio3.76Dividend Yield1.53%Price Target$24.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Enerplus MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside71.8% Upside$24.75 Price TargetShort InterestHealthy1.42% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.03Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth-8.18%From $2.20 to $2.02 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.2.44 out of 5 starsOils/Energy Sector94th out of 239 stocksCrude Petroleum & Natural Gas Industry44th out of 82 stocks 3.3 Analyst's Opinion Consensus RatingEnerplus has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.75, Enerplus has a forecasted upside of 71.8% from its current price of $14.41.Amount of Analyst CoverageEnerplus has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.42% of the float of Enerplus has been sold short.Short Interest Ratio / Days to CoverEnerplus has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Enerplus has recently decreased by 24.03%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldEnerplus pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEnerplus has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Enerplus is 5.74%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Enerplus will have a dividend payout ratio of 10.89% 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 1.1 News and Social Media Coverage News SentimentEnerplus has a news sentiment score of -0.03. 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 0.40 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Enerplus this week, compared to 3 articles on an average week.Search InterestOnly 9 people have searched for ERF on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Enerplus to their MarketBeat watchlist in the last 30 days. This is a decrease of -93% 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 Institutions53.01% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Enerplus are expected to decrease by -8.18% in the coming year, from $2.20 to $2.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Enerplus is 3.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Enerplus is 3.76, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 82.72.Price to Book Value per Share RatioEnerplus has a P/B Ratio of 2.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Enerplus (NYSE:ERF) StockEnerplus Corp. engages in the exploration and production of crude oil and natural gas. It conducts operations in Willston Basin, Marcellus Shale, and Canadian Waterfloods. The firm holds interests in North Dakota, Colorado, Pennsylvania, and in the provinces of Alberta and Saskatchewan. The company was founded in 1986 and is headquartered in Calgary, Canada.Read More 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 Stock News HeadlinesApril 1, 2023 | americanbankingnews.comEnerplus Co. (NYSE:ERF) to Post FY2023 Earnings of $2.14 Per Share, Capital One Financial ForecastsMarch 29, 2023 | americanbankingnews.comEnerplus Co. Forecasted to Post Q1 2023 Earnings of $0.62 Per Share (NYSE:ERF)April 2, 2023 | Vantage Point (Ad)The Market Crash Shield is A.I.Are you using the best technology to dominate April markets? This A.I. has traders doubting their methods. Attend This Live (FREE) A.I. Market Training. March 26, 2023 | americanbankingnews.comEnerplus (NYSE:ERF) Downgraded to "Buy" at StockNews.comMarch 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 EaseFebruary 23, 2023 | finance.yahoo.comEnerplus Announces 2022 Year End Reserves ResultsFebruary 23, 2023 | finance.yahoo.comEnerplus Announces Quarterly Cash Dividend for March 2023April 2, 2023 | Vantage Point (Ad)The Market Crash Shield is A.I.Are you using the best technology to dominate April markets? This A.I. has traders doubting their methods. Attend This Live (FREE) A.I. Market Training. February 23, 2023 | finance.yahoo.comEnerplus Announces Fourth Quarter and Full Year 2022 Financial and Operating Results; 2023 Guidance; Updates Five-Year Outlook Through 2027January 16, 2023 | finance.yahoo.comAn Intrinsic Calculation For Enerplus Corporation (TSE:ERF) Suggests It's 31% UndervaluedDecember 7, 2022 | finance.yahoo.comEnerplus (TSE:ERF) sheds 8.7% this week, as yearly returns fall more in line with earnings growthNovember 9, 2022 | finance.yahoo.comEnerplus Third Quarter 2022 Earnings: EPS: US$1.32 (vs US$0.38 in 3Q 2021)November 2, 2022 | finance.yahoo.comEnerplus Announces Sale of Remaining Canadian AssetsNovember 1, 2022 | finance.yahoo.comEnerplus Closes the Sale of Certain Canadian AssetsOctober 31, 2022 | finance.yahoo.comEnerplus (ERF) to Report Q3 Earnings: What's in the Cards?October 19, 2022 | nasdaq.comTSX Ends Lower As Inflation Data Fuels Interest Rate Concerns - NasdaqOctober 18, 2022 | finance.yahoo.comEnerplus (ERF) Gains But Lags Market: What You Should KnowOctober 13, 2022 | nasdaq.comOil Prices Dip on New Inflation Data - NasdaqOctober 12, 2022 | finance.yahoo.comEnerplus (ERF) Gains As Market Dips: What You Should KnowOctober 12, 2022 | finance.yahoo.comEnerplus Appoints Sherri A. Brillon to Board of Directors - Yahoo FinanceOctober 12, 2022 | nasdaq.comCrude Trades Near the Flatline as Supply Concerns Contend with Strong Dollar - NasdaqOctober 12, 2022 | finance.yahoo.comEnerplus Corporation (TSE:ERF) is a favorite amongst institutional investors who own 56%October 11, 2022 | finance.yahoo.comEnerplus Appoints Sherri A. Brillon to its Board of DirectorsOctober 7, 2022 | ca.finance.yahoo.comStocks in play: Enerplus Corporation - Yahoo Canada FinanceOctober 7, 2022 | benzinga.comEnerplus to Report Third Quarter 2022 Operating & Financial Results November 3, 2022 - Enerplus (NYSE:ERF - BenzingaOctober 7, 2022 | finance.yahoo.comEnerplus to Report Third Quarter 2022 Operating & Financial Results November 3, 2022See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings11/08/2019Ex-Dividend for 3/15 Dividend3/03/2023Dividend Payable3/15/2023Today4/02/2023Next Earnings (Estimated)5/04/2023Fiscal 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) 298-2200Fax403-298-2211Employees435Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.75 High Stock Price Forecast$33.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+71.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.83 Trailing P/E Ratio3.76 Forward P/E Ratio6.55 P/E GrowthN/ANet Income$914.30 million Net Margins37.93% Pretax Margin56.02% Return on Equity85.10% Return on Assets34.66% Debt Debt-to-Equity Ratio0.17 Current Ratio0.81 Quick Ratio0.81 Sales & Book Value Annual Sales$2.16 billion Price / Sales1.45 Cash Flow$4.65 per share Price / Cash Flow3.10 Book Value$4.95 per share Price / Book2.91Miscellaneous Outstanding Shares216,330,000Free Float215,442,000Market Cap$3.12 billion OptionableOptionable Beta2.19 Key ExecutivesIan C. DundasPresident, Chief Executive Officer & DirectorWade D. HutchingsChief Operating Officer & Senior Vice PresidentJodine J. Jenson LabrieChief Financial Officer & Senior Vice PresidentDavid A. McCoySecretary, Vice President & General CounselDaniel J. FitzgeraldVice President-Business DevelopmentKey CompetitorsBlack Stone MineralsNYSE:BSMKosmos EnergyNYSE:KOSComstock ResourcesNYSE:CRKSM EnergyNYSE:SMCalifornia ResourcesNYSE:CRCView All CompetitorsInstitutional OwnershipRockefeller Capital Management L.P.Bought 2,300 shares on 3/6/2023Ownership: 0.001%NatixisBought 8,650 shares on 2/24/2023Ownership: 0.004%Triasima Portfolio Management inc.Bought 100,000 shares on 2/21/2023Ownership: 0.046%Alliancebernstein L.P.Sold 12,800 shares on 2/16/2023Ownership: 0.008%State of WyomingSold 1,770 shares on 2/16/2023Ownership: 0.004%View All Institutional Transactions ERF Stock - 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 twelve months. There are currently 2 hold ratings and 4 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. What is Enerplus' stock price forecast for 2023? 6 analysts have issued 1-year price targets for Enerplus' stock. Their ERF share price forecasts range from $20.00 to $33.00. On average, they predict the company's stock price to reach $24.75 in the next twelve months. This suggests a possible upside of 71.8% 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 18.4% and is now trading at $14.41. View the best growth stocks for 2023 here. Are investors shorting Enerplus? Enerplus saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 2,940,000 shares, a decline of 24.0% from the February 28th total of 3,870,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the short-interest ratio is presently 2.5 days. Approximately 1.4% of the company's shares are short sold. View Enerplus' Short Interest. When is Enerplus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our ERF earnings forecast. How were Enerplus' earnings last quarter? Enerplus Co. (NYSE:ERF) posted its quarterly earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.01. The oil and natural gas company earned $256.81 million during the quarter, compared to analysts' expectations of $251 million. Enerplus had a net margin of 37.93% and a trailing twelve-month return on equity of 85.10%. During the same period in the previous year, the firm posted $0.35 earnings per share. How often does Enerplus pay dividends? What is the dividend yield for Enerplus? Enerplus announced a quarterly dividend on Thursday, February 23rd. Stockholders of record on Monday, March 6th will be paid a dividend of $0.111 per share on Wednesday, March 15th. This represents a $0.44 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date of this dividend is Friday, March 3rd. This is a positive change from the stock's previous quarterly dividend of $0.06. Read our dividend analysis for ERF. What ETF holds Enerplus' stock ? iShares International Small Cap Equity Factor ETF holds 80,549 shares of ERF stock, representing 0.24% of its portfolio. Is Enerplus a good dividend stock? Enerplus (NYSE:ERF) pays an annual dividend of $0.22 per share and currently has a dividend yield of 1.53%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERF will have a dividend payout ratio of 10.89% 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." 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 $14.41. How much money does Enerplus make? Enerplus (NYSE:ERF) has a market capitalization of $3.12 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 $3.83 on an earnings per share basis. How many employees does Enerplus have? The company employs 435 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 4/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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