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 (WHO). Since then, ERF shares have increased by 30.3% and is now trading at $2.54. 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 2 hold ratings and 6 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 data on Friday, May, 8th. The oil and natural gas company reported $0.07 EPS for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.04. The oil and natural gas company had revenue of $170.10 million for the quarter, compared to the consensus estimate of $173 million. Enerplus had a negative net margin of 22.95% and a positive return on equity of 11.92%. View Enerplus' earnings history.

Enerplus declared a monthly dividend on Monday, June 22nd. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.0074 per share on Wednesday, July 15th. This represents a $0.09 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date is Monday, June 29th. This is an increase from Enerplus's previous monthly dividend of $0.01. View Enerplus' dividend history.

8 brokers have issued twelve-month 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 116.5% from the stock's current price. View analysts' price targets for Enerplus.

News headlines about ERF stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing 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 closest to five being the most favorable. Enerplus earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Enerplus.

Enerplus saw a decline in short interest during 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. Approximately 2.2% of the company's stock are short sold. View Enerplus' Current Options Chain.

Some companies that are related to Enerplus include Murphy Oil (MUR), CNX Resources (CNX), Magnolia Oil & Gas (MGY), Viper Energy Partners (VNOM), Range Resources (RRC), Southwestern Energy (SWN), PDC Energy (PDCE), Black Stone Minerals (BSM), ARC Resources (AETUF), Matador Resources (MTDR), Comstock Resources (CRK), Crescent Point Energy (CPG), Antero Resources (AR), Vermilion Energy (VET) and Brigham Minerals (MNRL). 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 $2.54.

Enerplus has a market capitalization of $565.27 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]