NYSE:ERFEnerplus Stock Price, Forecast & News

Enerplus' stock was trading at $1.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ERF stock has increased by 52.3% and is now trading at $2.97. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Enerplus.

Enerplus is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Enerplus.

Enerplus Corp (NYSE:ERF) issued its earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 earnings per share 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 positive return on equity of 11.92% and a negative net margin of 22.95%. During the same period in the prior year, the company earned $0.35 earnings per share. View Enerplus' earnings history.

Enerplus declared a monthly dividend on Wednesday, May 20th. Investors of record on Friday, May 29th will be given a dividend of $0.0072 per share on Monday, June 15th. This represents a $0.09 annualized dividend and a yield of 2.91%. The ex-dividend date is Thursday, May 28th. This is an increase from Enerplus's previous monthly dividend of $0.01. View Enerplus' dividend history.

8 equities research analysts have issued 12 month price objectives for Enerplus' stock. Their forecasts range from $3.00 to $16.00. On average, they expect Enerplus' share price to reach $7.33 in the next twelve months. This suggests a possible upside of 146.9% from the stock's current price. View analysts' price targets for Enerplus.

Media coverage about ERF stock has trended very negative on Friday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news 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 closest to five being the most favorable. Enerplus earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned press coverage about the oil and natural gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutEnerplus.

Enerplus saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 4,840,000 shares, a decrease of 10.0% from the April 15th total of 5,380,000 shares. Based on an average daily trading volume, of 2,160,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.2% of the shares of the company are short sold. View Enerplus' Current Options Chain.

Some companies that are related to Enerplus include Ovintiv (OVV), Murphy Oil (MUR), CNX Resources (CNX), Viper Energy Partners (VNOM), Southwestern Energy (SWN), Range Resources (RRC), Magnolia Oil & Gas (MGY), ARC Resources (AETUF), PDC Energy (PDCE), Black Stone Minerals (BSM), Comstock Resources (CRK), Matador Resources (MTDR), Crescent Point Energy (CPG), Vermilion Energy (VET) and Antero Resources (AR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Enerplus investors own include Amplify Energy (AMPY), Amplify Energy (AMPY), Chesapeake Energy (CHK), Pennsylvania R.E.I.T. (PEI), Golar LNG Partners (GMLP), OrganiGram (OGI), DHT (DHT), NGL Energy Partners (NGL), CBL & Associates Properties (CBL) and EnLink Midstream (ENLC).

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

Enerplus' stock is owned by a number of institutional and retail investors. Top institutional investors include The Manufacturers Life Insurance Company (2.35%), EdgePoint Investment Group Inc. (1.73%), Wellington Management Group LLP (1.52%), South Dakota Investment Council (1.16%), River & Mercantile Asset Management LLP (1.12%) and Caymus Capital Partners L.P. (0.95%).

ERF stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Alberta Investment Management Corp, Connor Clark & Lunn Investment Management Ltd., Toronto Dominion Bank, PCJ Investment Counsel Ltd., The Manufacturers Life Insurance Company , Mackenzie Financial Corp, and Invesco Ltd..

ERF stock was purchased by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., Caymus Capital Partners L.P., South Dakota Investment Council, River & Mercantile Asset Management LLP, Two Sigma Investments LP, Public Sector Pension Investment Board, Two Sigma Advisers LP, and Ninepoint Partners LP.

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 $2.97.

Enerplus has a market capitalization of $661.01 million and generates $945.62 million in revenue each year. The oil and natural gas company earns $-195,730,000.00 in net income (profit) each year or $0.79 on an earnings per share basis. Enerplus employs 399 workers across the globe.

The official website for Enerplus is 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]