NYSE:ERF - Enerplus Stock Price, Forecast & News

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

Enerplus announced a monthly dividend on Wednesday, February 19th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.0075 per share on Monday, March 16th. This represents a $0.09 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Thursday, February 27th. View Enerplus' Dividend History.

Enerplus announced that its Board of Directors has approved a share repurchase plan on Thursday, March 22nd 2018, which allows the company to buyback 17,100,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

Enerplus Corp (NYSE:ERF) posted its earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.01. The oil and natural gas company had revenue of $256.81 million for 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 quarter in the previous year, the business posted $0.35 EPS. View Enerplus' Earnings History.

Enerplus is scheduled to release their next quarterly earnings announcement on Friday, February 21st 2020. View Earnings Estimates for Enerplus.

Enerplus will be holding an earnings conference call on Friday, February 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 brokerages have issued 1-year price objectives for Enerplus' shares. Their forecasts range from $12.00 to $21.50. On average, they anticipate Enerplus' stock price to reach $16.50 in the next year. This suggests a possible upside of 207.3% 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.

Headlines about ERF stock have been trending somewhat positive on Thursday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 2.0 on InfoTrie's scale. They also assigned headlines about the oil and natural gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Enerplus.

Enerplus saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 5,040,000 shares, a decline of 8.2% from the January 15th total of 5,490,000 shares. Based on an average trading volume of 1,330,000 shares, the short-interest ratio is currently 3.8 days. Currently, 2.3% of the company's shares are sold short. View Enerplus' Current Options Chain.

Some companies that are related to Enerplus include Ovintiv (OVV), Cimarex Energy (XEC), Murphy Oil (MUR), Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Vermilion Energy (VET), Kosmos Energy (KOS), Black Stone Minerals (BSM), ARC Resources (AETUF), Jagged Peak Energy (JAG), Crescent Point Energy (CPG), Tellurian (TELL), DELEK GRP LTD/ADR (DGRLY), Matador Resources (MTDR) and PDC Energy (PDCE).

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

Enerplus' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Letko Brosseau & Associates Inc. (2.86%), Boston Partners (2.27%), TD Asset Management Inc. (1.76%), Connor Clark & Lunn Investment Management Ltd. (1.58%), BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp (1.53%) and Alberta Investment Management Corp (1.32%).

ERF stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Intact Investment Management Inc., Alliancebernstein L.P., Man Group plc, Bank of America Corp DE, Letko Brosseau & Associates Inc., TD Asset Management Inc. and Bank of Montreal Can.

ERF stock was bought by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, Toronto Dominion Bank, Schroder Investment Management Group, PCJ Investment Counsel Ltd., Centenus Global Management LP, Renaissance Technologies LLC, Goldman Sachs Group Inc. and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.

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 $5.37.

Enerplus has a market capitalization of $1.19 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]