Enviva (EVA) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enviva in the last year. 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.
View EVA analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 1-year price targets for Enviva's stock. Their EVA share price forecasts range from $10.00 to $55.00. On average, they anticipate the company's stock price to reach $34.60 in the next year. This suggests a possible upside of 305.2% 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 stock has decreased by 83.9% and is now trading at $8.54.
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Enviva saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 6,190,000 shares, a drop of 14.3% from the April 30th total of 7,220,000 shares. Based on an average trading volume of 1,480,000 shares, the days-to-cover ratio is presently 4.2 days. Currently, 19.2% of the company's shares are sold short.
View Enviva's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our EVA earnings forecast.

Enviva Inc. (NYSE:EVA) announced its quarterly earnings results on Wednesday, May, 3rd. The energy company reported ($1.72) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.57) by $1.15. The energy company had revenue of $269.08 million for the quarter, compared to analyst estimates of $312.38 million. Enviva had a negative net margin of 21.22% and a negative trailing twelve-month return on equity of 61.64%.

Enviva declared a quarterly dividend on Wednesday, February 8th. Stockholders of record on Tuesday, February 21st will be paid a dividend of $0.905 per share on Friday, February 24th. This represents a $3.62 annualized dividend and a yield of 42.39%. The ex-dividend date of this dividend is Friday, February 17th.
Read our dividend analysis for EVA.

ETFs with the largest weight of Enviva (NYSE:EVA) stock in their portfolio include ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), Gabelli Love Our Planet & People ETF (LOPP), SPDR S&P Metals & Mining ETF (XME), Direxion Daily Metal Miners Bull 2X Shares (MNM), Global X Renewable Energy Producers ETF (RNRG), VanEck Green Infrastructure ETF (RNEW), ALPS Clean Energy ETF (ACES) and Invesco Raymond James SB-1 Equity ETF (RYJ).

Enviva (NYSE:EVA) pays an annual dividend of $3.62 per share and currently has a dividend yield of 43.25%. EVA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for EVA.

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 IPO on Wednesday, April 29th 2015. The company issued 10,000,000 shares at $19.00-$21.00 per share. Barclays, Goldman Sachs, RBC Capital Markets and Citigroup served 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."

Enviva's stock is owned by a number of institutional and retail investors. Top institutional investors include Riverstone Holdings LLC (47.95%), State Street Corp (3.07%), BlackRock Inc. (2.45%), American Century Companies Inc. (2.29%), GW&K Investment Management LLC (1.35%) and Kayne Anderson Capital Advisors LP (1.32%). Insiders that own company stock include Edward Royal Smith, Gary L Whitlock, Gerrit Livingston Jr Lansing, Jeffrey W Ubben, John C Bumgarner Jr, John K Keppler, Ralph Alexander, Shai Even, Thomas Meth, William H Schmidt Jr and Yana Kravtsova.
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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 $8.54.

Enviva (NYSE:EVA) has a market capitalization of $578.41 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 ($3.64) 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.