NYSE:ERF - Enerplus Stock Price, Forecast & News

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

Enerplus declared a monthly dividend on Wednesday, December 18th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.008 per share on Wednesday, January 15th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date is Monday, December 30th. View Enerplus' Dividend History.

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

Enerplus Corp (NYSE:ERF) announced its quarterly earnings data on Friday, November, 8th. The oil and natural gas company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.01. The oil and natural gas company earned $256.81 million during the quarter, compared to analyst estimates of $251 million. Enerplus had a net margin of 32.90% and a return on equity of 16.47%. During the same period last year, the business earned $0.35 earnings per share. View Enerplus' Earnings History.

Enerplus is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for Enerplus.

7 brokerages have issued 12 month price targets for Enerplus' stock. Their forecasts range from $12.00 to $21.50. On average, they expect Enerplus' share price to reach $16.50 in the next year. This suggests a possible upside of 155.4% from the stock's current price. View Analyst Price Targets for Enerplus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Enerplus.

News stories about ERF stock have trended positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Enerplus earned a news sentiment score of 3.0 on InfoTrie's scale. They also gave media headlines about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Enerplus.

Enerplus saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,490,000 shares, an increase of 7.4% from the December 15th total of 5,110,000 shares. Based on an average trading volume of 1,240,000 shares, the short-interest ratio is presently 4.4 days. Currently, 2.5% of the company's shares are sold short. View Enerplus' Current Options Chain.

Some companies that are related to Enerplus include Parsley Energy (PE), Encana (ECA), WPX Energy (WPX), Cimarex Energy (XEC), Murphy Oil (MUR), Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Kosmos Energy (KOS), Black Stone Minerals (BSM), Vermilion Energy (VET), Crescent Point Energy (CPG), EQT (EQT), ARC Resources (AETUF), Matador Resources (MTDR) and Tellurian (TELL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Enerplus investors own include Pengrowth Energy (PGH), ConocoPhillips (COP), Baytex Energy (BTE), Northrop Grumman (NOC), Valero Energy (VLO), Exxon Mobil (XOM), Boeing (BA), Brookfield Infrastructure Partners (BIP), Enbridge (ENB) and Occidental Petroleum (OXY).

Enerplus' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Caymus Capital Partners L.P. (0.13%), Hexavest Inc. (0.06%), JCIC Asset Management Inc. (0.01%) and Dalton Greiner Hartman Maher & Co. (0.01%).

ERF stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and JCIC Asset Management Inc..

ERF stock was acquired by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P. and Hexavest Inc..

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, Robinhood, Fidelity and Charles Schwab.

One share of ERF stock can currently be purchased for approximately $6.46.

Enerplus has a market capitalization of $1.43 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.View Additional Information About Enerplus.

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]