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 50.8% and is now trading at $2.94. 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) released its earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate 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 negative net margin of 22.95% and a positive return on equity of 11.92%. During the same quarter in the previous year, the firm posted $0.35 EPS. 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 dividend yield of 2.94%. The ex-dividend date is Thursday, May 28th. This is a positive change from Enerplus's previous monthly dividend of $0.01. View Enerplus' dividend history.

8 analysts have issued twelve-month target prices for Enerplus' shares. Their forecasts range from $3.00 to $16.00. On average, they anticipate Enerplus' share price to reach $7.33 in the next twelve months. This suggests a possible upside of 149.4% from the stock's current price. View analysts' price targets for Enerplus.

Media coverage about ERF stock has trended extremely positive recently, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 5.0 on InfoTrie's scale. They also assigned news articles 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 effect on the company's share price in the near term. View the latest news aboutEnerplus.

Enerplus saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 4,840,000 shares, a drop of 10.0% from the April 15th total of 5,380,000 shares. Based on an average daily volume of 2,160,000 shares, the short-interest ratio is presently 2.2 days. Approximately 2.2% of the shares of the stock are sold short. 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 bought 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 $2.94.

Enerplus has a market capitalization of $654.33 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]