NYSE:ERFEnerplus Stock Price, Forecast & News

Enerplus' stock was trading at $1.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ERF stock has increased by 17.4% and is now trading at $2.29. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 2 hold ratings and 7 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) announced its quarterly earnings results on Friday, May, 8th. The oil and natural gas company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.04. The oil and natural gas company earned $170.10 million during the quarter, compared to the consensus estimate of $173 million. Enerplus had a positive return on equity of 11.92% and a negative net margin of 22.95%. View Enerplus' earnings history.

Enerplus announced a monthly dividend on Monday, June 22nd. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.0074 per share on Wednesday, July 15th. This represents a $0.09 annualized dividend and a dividend yield of 3.88%. The ex-dividend date of this dividend is Monday, June 29th. This is a boost from Enerplus's previous monthly dividend of $0.01. View Enerplus' dividend history.

9 brokers have issued 1 year price objectives for Enerplus' stock. Their forecasts range from $3.00 to $12.00. On average, they expect Enerplus' share price to reach $5.50 in the next year. This suggests a possible upside of 140.2% from the stock's current price. View analysts' price targets for Enerplus.

News stories about ERF stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Enerplus earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Enerplus.

Enerplus saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 4,830,000 shares, a decline of 9.7% from the June 15th total of 5,350,000 shares. Based on an average daily trading volume, of 1,400,000 shares, the days-to-cover ratio is currently 3.5 days. Currently, 2.2% of the company's shares are short sold. View Enerplus' Current Options Chain.

Some companies that are related to Enerplus include Murphy Oil (MUR), CNX Resources (CNX), Range Resources (RRC), Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Southwestern Energy (SWN), PDC Energy (PDCE), Black Stone Minerals (BSM), ARC Resources (AETUF), Comstock Resources (CRK), Matador Resources (MTDR), Crescent Point Energy (CPG), Antero Resources (AR), Brigham Minerals (MNRL) and Kosmos Energy (KOS). 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."

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 $2.29.

Enerplus has a market capitalization of $509.63 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]