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 dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, February 27th. View Enerplus' Dividend History.

Enerplus declared that its Board of Directors has authorized a share buyback program on Thursday, March 22nd 2018, which permits the company to repurchase 17,100,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its shares are undervalued.

Enerplus Corp (NYSE:ERF) announced its earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 earnings per share (EPS) for the quarter, missing the 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 positive return on equity of 14.04% and a negative net margin of 20.58%. During the same quarter in the prior year, the firm earned $0.35 EPS. View Enerplus' Earnings History.

Enerplus is scheduled to release their next quarterly earnings announcement on Friday, May 8th 2020. View Earnings Estimates for Enerplus.

7 equities research analysts have issued 1-year price objectives for Enerplus' stock. Their forecasts range from $12.00 to $21.50. On average, they expect Enerplus' share price to reach $16.50 in the next twelve months. This suggests a possible upside of 291.9% 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.

News headlines about ERF stock have been trending negative recently, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Enerplus earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave news articles about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Enerplus.

Enerplus saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 5,790,000 shares, an increase of 14.9% from the January 30th total of 5,040,000 shares. Based on an average trading volume of 1,320,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 2.6% of the company's stock are sold short. View Enerplus' Current Options Chain.

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

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

Enerplus' stock is owned by many different of institutional and retail investors. Top institutional investors 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., 1832 Asset Management L.P., Man Group plc, Bank of America Corp DE, Letko Brosseau & Associates Inc. and TD Asset Management Inc..

ERF stock was acquired 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 $4.21.

Enerplus has a market capitalization of $933.53 million and generates $945.62 million in revenue each year. The oil and natural gas company earns $-195,720,000.00 in net income (profit) each year or $0.79 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]