TSE:ERF Enerplus (ERF) Stock Forecast, Price & News C$19.60 +0.25 (+1.29%) (As of 06/6/2023 ET) Add Compare Share Share Today's RangeC$19.01▼C$19.6450-Day RangeC$18.72▼C$20.7352-Week RangeC$14.48▼C$25.72Volume339,339 shsAverage Volume684,982 shsMarket CapitalizationC$4.19 billionP/E Ratio3.22Dividend Yield1.53%Price TargetC$25.20 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Enerplus MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside28.6% UpsideC$25.20 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$90,764 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.36 out of 5 stars 3.3 Analyst's Opinion Consensus RatingEnerplus has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$25.20, Enerplus has a forecasted upside of 28.6% from its current price of C$19.60.Amount of Analyst CoverageEnerplus has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ERF. Previous Next 1.7 Dividend Strength Dividend YieldEnerplus pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEnerplus does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Enerplus is 4.93%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ERF. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Enerplus this week, compared to 3 articles on an average week.Search InterestOnly 11 people have searched for ERF on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Enerplus to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Enerplus insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$90,764.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 0.37% of the stock of Enerplus is held by insiders.Percentage Held by Institutions55.28% of the stock of Enerplus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Enerplus is 3.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Enerplus is 3.22, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 48.72.Price to Earnings Growth RatioEnerplus has a PEG Ratio of 0.25. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEnerplus has a P/B Ratio of 3.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Enerplus (TSE:ERF) StockEnerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company's oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2021, it had proved plus probable gross reserves of approximately 8.2 million barrels (MMbbls) of light and medium crude oil; 20.7 MMbbls of heavy crude oil; 299.3 MMbbls of tight oil; 56.2 MMbbls of natural gas liquids; 19.7 billion cubic feet (Bcf) of conventional natural gas; and 1,367.9 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.Read More Receive ERF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Enerplus and its competitors with MarketBeat's FREE daily newsletter. Email Address ERF Stock News HeadlinesJune 6, 2023 | finance.yahoo.comEnerplus Announces Granting of Exemptive Relief Regarding its Normal Course Issuer Bid ProgramMay 28, 2023 | americanbankingnews.comEnerplus Co. (TSE:ERF) Declares Quarterly Dividend of $0.06June 6, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 20, 2023 | americanbankingnews.comQ4 2023 Earnings Estimate for Enerplus Co. Issued By Capital One Financial (TSE:ERF)May 19, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Enerplus Co. (TSE:ERF) Issued By Capital One FinancialMay 18, 2023 | theglobeandmail.comClosing Bell: Enerplus Corp up on Thursday (ERF)May 18, 2023 | finance.yahoo.comThose who invested in Enerplus (TSE:ERF) three years ago are up 409%May 6, 2023 | americanbankingnews.comEnerplus (TSE:ERF) Given New C$29.00 Price Target at Stifel NicolausJune 6, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 4, 2023 | finance.yahoo.comEnerplus Announces First Quarter 2023 ResultsMay 4, 2023 | finance.yahoo.comEnerplus Announces Quarterly Cash Dividend for June 2023April 29, 2023 | americanbankingnews.comEnerplus Co. (TSE:ERF) Forecasted to Post FY2023 Earnings of $3.12 Per ShareApril 28, 2023 | finance.yahoo.comWe Think Enerplus Corporation's (TSE:ERF) CEO Compensation Looks FairApril 25, 2023 | markets.businessinsider.comBarclays Sticks to Its Buy Rating for Enerplus (ERF)April 24, 2023 | americanbankingnews.comEnerplus (TSE:ERF) Upgraded by Barclays to OverweightApril 19, 2023 | americanbankingnews.comEnerplus Co. (TSE:ERF) Expected to Post Q2 2023 Earnings of $0.78 Per ShareApril 17, 2023 | theglobeandmail.comClosing Bell: Enerplus Corp down on Monday (ERF)April 14, 2023 | theglobeandmail.comClosing Bell: Enerplus Corp up on Friday (ERF)April 14, 2023 | americanbankingnews.comEnerplus (TSE:ERF) PT Lowered to C$23.00 at ScotiabankApril 14, 2023 | americanbankingnews.comCapital One Financial Brokers Cut Earnings Estimates for Enerplus Co. (TSE:ERF)April 12, 2023 | markets.businessinsider.comEnerplus (ERF) Gets a Buy from RBC CapitalApril 12, 2023 | finance.yahoo.comOil Drillers See Costs Peaking in Fields From Texas to CanadaApril 12, 2023 | finance.yahoo.comEnerplus to Report First Quarter 2023 Results May 4April 11, 2023 | theglobeandmail.comClosing Bell: Enerplus Corp down on Tuesday (ERF)April 10, 2023 | theglobeandmail.comClosing Bell: Enerplus Corp up on Monday (ERF)April 1, 2023 | americanbankingnews.comQ3 2023 Earnings Forecast for Enerplus Co. (TSE:ERF) Issued By Capital One FinancialMarch 31, 2023 | americanbankingnews.comEnerplus Co. to Post Q1 2023 Earnings of $0.85 Per Share, Capital One Financial Forecasts (TSE:ERF)See More Headlines ERF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERF Company Calendar Ex-Dividend for 3/15 Dividend3/03/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend5/30/2023Today6/06/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/03/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Crude Petroleum & Natural Gas Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:ERF CUSIPN/A CIKN/A Webwww.enerplus.com Phone+1-403-2982200FaxN/AEmployees435Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$25.20 High Stock Price ForecastC$30.00 Low Stock Price ForecastC$19.00 Forecasted Upside/Downside+28.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.09 Trailing P/E Ratio3.22 Forward P/E Ratio5.62 P/E Growth0.25Net IncomeC$1.02 billion Net Margins48.70% Pretax MarginN/A Return on Equity117.48% Return on Assets37.55% Debt Debt-to-Equity Ratio19.58 Current Ratio0.75 Quick Ratio0.61 Sales & Book Value Annual SalesC$2.09 billion Price / Sales2.01 Cash FlowC$0.17 per share Price / Cash Flow117.18 Book ValueC$5.30 per share Price / Book3.70Miscellaneous Outstanding Shares213,960,000Free FloatN/AMarket CapC$4.19 billion OptionableOptionable Beta2.86 Key ExecutivesMr. Ian Charles Dundas B.Com. (Age 55)B.Comm., L.L.B., LLB, Pres, CEO & Non-Independent Director Comp: $1.35MMs. Jodine Julene-Jenson Labrie B.Com.B.Comm, C.A., CBV, Sr. VP & CFOMr. Wade D. Hutchings (Age 50)Sr. VP & COO Comp: $937.66kMr. David A. McCoy B.Comm.Llb, VP, Gen. Counsel & Corp. Sec.Mr. Nathan Douglas FisherVP of United States Bus. UnitDrew MairMang. of Investor RelationsMr. Garth R. DollVP of MarketingMs. Pamela Anne RamotowskiVP of People & CultureMore ExecutivesKey CompetitorsGibson EnergyTSE:GEITopaz EnergyTSE:TPZSeven Generations EnergyTSE:VIISpartan DeltaTSE:SDENexGen EnergyTSE:NXEView All CompetitorsInsidersIan Charles DundasBought 5,000 shares on 3/15/2023Total: C$90,764.00 ($18.15/share)Garth Robert DollSold 8,279 sharesTotal: C$176,342.70 ($21.30/share)Ian Charles DundasSold 157,819 sharesTotal: C$3.51 M ($22.21/share)Ian Charles DundasBought 2,500 shares on 9/23/2022Total: C$45,825.00 ($18.33/share)Ian Charles DundasBought 2,000 shares on 6/23/2022Total: C$32,932.40 ($16.47/share)View All Insider Transactions ERF Stock - Frequently Asked Questions Should I buy or sell Enerplus stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ERF shares. View ERF analyst ratings or view top-rated stocks. What is Enerplus' stock price forecast for 2023? 2 Wall Street analysts have issued 12-month target prices for Enerplus' shares. Their ERF share price forecasts range from C$19.00 to C$30.00. On average, they anticipate the company's stock price to reach C$25.20 in the next year. This suggests a possible upside of 28.6% from the stock's current price. View analysts price targets for ERF or view top-rated stocks among Wall Street analysts. How have ERF shares performed in 2023? Enerplus' stock was trading at C$23.90 on January 1st, 2023. Since then, ERF shares have decreased by 18.0% and is now trading at C$19.60. View the best growth stocks for 2023 here. When is Enerplus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our ERF earnings forecast. How often does Enerplus pay dividends? What is the dividend yield for Enerplus? Enerplus declared a quarterly dividend on Thursday, May 4th. Stockholders of record on Wednesday, May 31st will be given a dividend of 0.055 per share on Thursday, June 15th. This represents a $0.22 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend is Tuesday, May 30th. Read our dividend analysis for ERF. Is Enerplus a good dividend stock? Enerplus (TSE:ERF) pays an annual dividend of C$0.30 per share and currently has a dividend yield of 1.57%. The dividend payout ratio is 4.93%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ERF. What other stocks do shareholders of Enerplus own? Based on aggregate information from My MarketBeat watchlists, some companies that other Enerplus investors own include Pengrowth Energy (PGH), Whitecap Resources (WCP), MEG Energy (MEG), Enbridge (ENB), Toronto-Dominion Bank (TD), Pengrowth Energy (PGF), Baytex Energy (BTE), Canadian Natural Resources (CNQ), Cenovus Energy (CVE) and Argonaut Gold (AR). What is Enerplus' stock symbol? Enerplus trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ERF." How do I buy shares of Enerplus? Shares of ERF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Enerplus' stock price today? One share of ERF stock can currently be purchased for approximately C$19.60. How much money does Enerplus make? Enerplus (TSE:ERF) has a market capitalization of C$4.19 billion and generates C$2.09 billion in revenue each year. The oil and natural gas company earns C$1.02 billion in net income (profit) each year or C$6.09 on an earnings per share basis. How many employees does Enerplus have? The company employs 435 workers across the globe. How can I contact Enerplus? Enerplus' mailing address is The Dome Tower, 3000-333 7 Ave SW, CALGARY, AB T2P 2Z1, Canada. The official website for the company is www.enerplus.com. The oil and natural gas company can be reached via phone at +1-403-2982200. This page (TSE:ERF) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Enerplus Co. 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