Enviva (EVA) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enviva in the last twelve months. There are currently 1 sell rating, 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EVA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EVA, but not buy additional shares or sell existing shares.
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5 analysts have issued 1 year target prices for Enviva's shares. Their EVA share price forecasts range from $10.00 to $32.00. On average, they predict the company's stock price to reach $17.20 in the next twelve months. This suggests a possible upside of 135.3% from the stock's current price.
View analysts price targets for EVA or view top-rated stocks among Wall Street analysts.

Enviva's stock was trading at $52.97 at the beginning of 2023. Since then, EVA shares have decreased by 86.2% and is now trading at $7.31.
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Enviva saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 6,910,000 shares, an increase of 7.1% from the August 31st total of 6,450,000 shares. Based on an average daily volume of 935,400 shares, the days-to-cover ratio is currently 7.4 days. Currently, 17.8% of the shares of the stock are short sold.
View Enviva's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our EVA earnings forecast.

Enviva Inc. (NYSE:EVA) released its quarterly earnings data on Wednesday, August, 2nd. The energy company reported ($0.82) EPS for the quarter, missing the consensus estimate of ($0.79) by $0.03. The energy company had revenue of $301.91 million for the quarter, compared to analysts' expectations of $314.38 million. Enviva had a negative trailing twelve-month return on equity of 80.32% and a negative net margin of 23.63%.

Enviva announced a quarterly dividend on Wednesday, February 8th. Investors of record on Tuesday, February 21st will be given a dividend of $0.905 per share on Friday, February 24th. This represents a $3.62 annualized dividend and a dividend yield of 49.52%. The ex-dividend date is Friday, February 17th.
Read our dividend analysis for EVA.

ETFs with the largest weight of Enviva (NYSE:EVA) stock in their portfolio include Direxion Daily Metals & Mining Bull 2X Shares (MNM), Fidelity Clean Energy ETF (FRNW), Gabelli Love Our Planet & People ETF (LOPP), Invesco Dorsey Wright Energy Momentum ETF (PXI), Ecofin U.S. Renewables Infrastructure Trust (RNEW), Global X Renewable Energy Producers ETF (RNRG) and ALPS Clean Energy ETF (ACES) and

58 employees have rated Enviva Chief Executive Officer John Keppler on Glassdoor.com. John Keppler has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Enviva investors own include Energy Transfer (ET), AT&T (T), Enterprise Products Partners (EPD), Antares Pharma (ATRS), Ares Capital (ARCC), AbbVie (ABBV), Pfizer (PFE), CBL & Associates Properties (CBL), NGL Energy Partners (NGL) and Lumen Technologies (LUMN).

(EVA) raised $200 million in an initial public offering on Wednesday, April 29th 2015. The company issued 10,000,000 shares at a price of $19.00-$21.00 per share. Barclays, Goldman Sachs, RBC Capital Markets and Citigroup acted as the underwriters for the IPO and J.P. Morgan, Raymond James, MUFG and U.S. Capital Advisors were co-managers.

Enviva trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVA."

Shares of EVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EVA stock can currently be purchased for approximately $7.31.

Enviva (NYSE:EVA) has a market capitalization of $544.01 million and generates $1.09 billion in revenue each year. The energy company earns $-168,310,000.00 in net income (profit) each year or ($4.04) on an earnings per share basis.

The company employs 1,386 workers across the globe.

Enviva's mailing address is 7200 Wisconsin Ave Suite 1000, Bethesda MD, 20814. The official website for the company is www.envivabiomass.com. The energy company can be reached via phone at (301) 657-5660 or via email at ir@envivapartners.com.