Enerplus - ERF Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ERF shares.
View ERF analyst ratings or view top-rated stocks.

8 analysts have issued 1 year target prices for Enerplus' shares. Their ERF share price forecasts range from C$15.50 to C$30.50. On average, they predict the company's stock price to reach C$21.90 in the next twelve months. This suggests that the stock has a possible downside of 7.2%.
View analysts price targets for ERF or view top-rated stocks among Wall Street analysts.

Enerplus' stock was trading at C$23.90 on January 1st, 2023. Since then, ERF shares have decreased by 1.2% and is now trading at C$23.61.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our ERF earnings forecast.

Enerplus Co. (TSE:ERF) announced its quarterly earnings results on Thursday, November, 3rd. The oil and natural gas company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.22. The oil and natural gas company had revenue of $940.16 million for the quarter.

Enerplus announced a quarterly dividend on Thursday, November 3rd. Stockholders of record on Wednesday, November 30th will be paid a dividend of 0.055 per share on Thursday, December 15th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date is Tuesday, November 29th. This is a boost from the stock's previous quarterly dividend of C$0.05.
Read our dividend analysis for ERF.

Enerplus (TSE:ERF) pays an annual dividend of C$0.16 per share and currently has a dividend yield of 1.25%. The dividend payout ratio is 3.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ERF.

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).

Enerplus trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ERF."

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.
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One share of ERF stock can currently be purchased for approximately C$23.61.

Enerplus (TSE:ERF) has a market capitalization of C$5.30 billion and generates C$2.14 billion in revenue each year.

The company employs 435 workers across the globe.

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.