NYSE:ENLC EnLink Midstream (ENLC) Stock Price, News & Analysis → The last Republican president? (From The Freeport Society) (Ad) Free ENLC Stock Alerts $13.22 -0.22 (-1.64%) (As of 06/13/2024 ET) Add Compare Share Share Today's Range$13.22▼$13.3950-Day Range$12.37▼$14.1052-Week Range$9.52▼$14.18Volume812,512 shsAverage Volume1.94 million shsMarket Capitalization$5.97 billionP/E Ratio37.80Dividend Yield4.01%Price Target$14.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get EnLink Midstream alerts: Email Address EnLink Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside8.3% Upside$14.33 Price TargetShort InterestHealthy4.52% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.17Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth17.74%From $0.62 to $0.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.36 out of 5 starsOils/Energy Sector150th out of 235 stocksNatural Gas Transmission Industry11th out of 18 stocks 1.3 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEnLink Midstream has only been the subject of 2 research reports in the past 90 days.Read more about EnLink Midstream's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.52% of the float of EnLink Midstream has been sold short.Short Interest Ratio / Days to CoverEnLink Midstream has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in EnLink Midstream has recently decreased by 18.96%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipEnLink Midstream is a leading dividend payer. It pays a dividend yield of 3.96%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnLink Midstream does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of EnLink Midstream is 151.43%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, EnLink Midstream will have a dividend payout ratio of 72.60% next year. This indicates that EnLink Midstream will be able to sustain or increase its dividend.Read more about EnLink Midstream's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENLC. Previous Next 3.4 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for EnLink Midstream this week, compared to 3 articles on an average week.Search Interest2 people have searched for ENLC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows4 people have added EnLink Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EnLink Midstream insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.84% of the stock of EnLink Midstream is held by insiders.Percentage Held by Institutions45.87% of the stock of EnLink Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about EnLink Midstream's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to grow by 17.74% in the coming year, from $0.62 to $0.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is 37.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.30.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 37.80, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.76.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 2.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about EnLink Midstream's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Manward PressMy 3 Top CryptocurrenciesMore than a decade after the first Bitcoin was mined, people are finally realizing something very important... Cryptocurrencies are about more than just creating digital money.Let me tell you all about them here. About EnLink Midstream Stock (NYSE:ENLC)EnLink Midstream, LLC provides midstream energy services in the United States. The company operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. It is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. In addition, the company's midstream energy asset network includes natural gas processing plants; fractionators; barge and rail terminals; product storage facilities; and brine disposal wells. EnLink Midstream, LLC was incorporated in 2013 and is based in Dallas, Texas.Read More ENLC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ENLC Stock News HeadlinesMay 24, 2024 | finance.yahoo.comDespite shrinking by US$311m in the past week, EnLink Midstream (NYSE:ENLC) shareholders are still up 203% over 3 yearsMay 4, 2024 | finance.yahoo.comEnLink Midstream, LLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowMay 3, 2024 | seekingalpha.comEnLink Midstream: A Mixed Q1 Given A Mixed Asset BaseMay 2, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on EnLink Midstream (ENLC)May 2, 2024 | finance.yahoo.comEnLink Midstream First Quarter 2024 Earnings: Misses ExpectationsMay 2, 2024 | finance.yahoo.comEnLink Midstream, LLC (NYSE:ENLC) Q1 2024 Earnings Call TranscriptMay 2, 2024 | gurufocus.comQ1 2024 EnLink Midstream LLC Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comQ1 2024 EnLink Midstream LLC Earnings CallMay 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: EnLink Midstream (ENLC), US Silica Holdings (SLCA) and Marathon Petroleum (MPC)May 1, 2024 | seekingalpha.comEnLink Midstream, LLC 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | markets.businessinsider.comENLC Stock Earnings: EnLink Midstream Misses EPS, Misses Revenue for Q1 2024April 30, 2024 | finance.yahoo.comEnLink Midstream LLC (ENLC) Q1 2024 Earnings: A Detailed Financial ReviewApril 30, 2024 | msn.comEnLink Midstream GAAP EPS of $0.03 misses by $0.11, revenue of $1.64B misses by $480MApril 30, 2024 | prnewswire.comEnLink Midstream Reports First Quarter 2024 ResultsApril 25, 2024 | finance.yahoo.comEnLink Midstream (NYSE:ENLC) Is Paying Out A Dividend Of $0.1325April 24, 2024 | finance.yahoo.comBroker Revenue Forecasts For EnLink Midstream, LLC (NYSE:ENLC) Are Surging HigherApril 21, 2024 | 247wallst.com5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers HappenApril 20, 2024 | finance.yahoo.comEnLink Midstream, LLC (NYSE:ENLC) Pays A US$0.1325 Dividend In Just Four DaysApril 20, 2024 | nasdaq.comDecember 20th Options Now Available For EnLink Midstream (ENLC)April 17, 2024 | investing.comCiti raises EnLink Midstream stock, maintains buy rating on positive outlookApril 16, 2024 | markets.businessinsider.comEnLink Midstream Poised for Growth and High Returns: A Buy RatingApril 12, 2024 | msn.comEnLink Midstream declares $0.1325 dividendApril 11, 2024 | finance.yahoo.comEnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2024 EarningsApril 11, 2024 | prnewswire.comEnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2024 EarningsApril 10, 2024 | businesswire.comEngineering Tomorrow Receives Support From Growing Number of Corporate PartnersSee More Headlines Receive ENLC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EnLink Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/14 Dividend4/25/2024Last Earnings4/30/2024Dividend Payable5/14/2024Today6/13/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNYSE:ENLC CUSIPN/A CIK1592000 Webwww.enlink.com Phone(214) 953-9500Fax214-953-9501Employees1,072Year FoundedN/APrice Target and Rating Average Stock Price Target$14.33 High Stock Price Target$16.00 Low Stock Price Target$12.00 Potential Upside/Downside+6.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.35 Trailing P/E Ratio38.40 Forward P/E Ratio21.68 P/E GrowthN/ANet Income$206.20 million Net Margins2.40% Pretax Margin5.22% Return on Equity8.58% Return on Assets2.75% Debt Debt-to-Equity Ratio1.76 Current Ratio0.78 Quick Ratio0.78 Sales & Book Value Annual Sales$6.90 billion Price / Sales0.88 Cash Flow$1.97 per share Price / Cash Flow6.82 Book Value$5.83 per share Price / Book2.31Miscellaneous Outstanding Shares451,300,000Free Float447,513,000Market Cap$6.07 billion OptionableOptionable Beta2.36 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Jesse Arenivas (Age 50)CEO & Director of Enlink Midstream Manager LLC Comp: $1.96MMr. Benjamin D. Lamb (Age 44)Executive VP & CFO of EnLink Midstream Manager, LLC Comp: $1.9MMr. Walter Pinto (Age 62)Executive VP & COO of EnLink Midstream Manager, LLC Comp: $1.32MMr. Adam S. Forman (Age 55)Executive VP, General Counsel & Secretary Comp: $834.82kMr. Dilanka SeimonExecutive VP & Chief Commercial OfficerMr. Jan Philipp Rossbach (Age 42)VP & Chief Accounting Officer Mr. Brian Joseph Brungardt Jr.C.F.A., Director of Investor RelationsMs. Jill McMillan-MelottVice President of Strategic Relations & Public AffairsMr. Justin GriffinSenior Vice President of Business & Corporate DevelopmentMs. Rhonda L. PriceSenior Vice President of Human Resources - Enlink Midstream Manager LLCMore ExecutivesKey CompetitorsWestern Midstream PartnersNYSE:WESAntero MidstreamNYSE:AMDT MidstreamNYSE:DTMKinetikNASDAQ:KNTKEquitrans MidstreamNYSE:ETRNView All CompetitorsInsiders & InstitutionsWestwood Holdings Group Inc.Bought 416,424 shares on 6/6/2024Ownership: 0.498%Cetera Investment AdvisersBought 131,890 shares on 5/24/2024Ownership: 0.029%Cetera Advisors LLCBought 2,025 shares on 5/24/2024Ownership: 0.003%Comerica BankBought 2,063 shares on 5/17/2024Ownership: 0.003%Walleye Trading LLCSold 12,100 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ENLC Stock Analysis - Frequently Asked Questions Should I buy or sell EnLink Midstream stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ENLC shares. View ENLC analyst ratings or view top-rated stocks. What is EnLink Midstream's stock price target for 2024? 6 equities research analysts have issued 12-month target prices for EnLink Midstream's shares. Their ENLC share price targets range from $12.00 to $16.00. On average, they expect the company's stock price to reach $14.33 in the next twelve months. This suggests a possible upside of 8.3% from the stock's current price. View analysts price targets for ENLC or view top-rated stocks among Wall Street analysts. How have ENLC shares performed in 2024? EnLink Midstream's stock was trading at $12.16 at the beginning of 2024. Since then, ENLC shares have increased by 8.8% and is now trading at $13.23. View the best growth stocks for 2024 here. Are investors shorting EnLink Midstream? EnLink Midstream saw a decline in short interest during the month of May. As of May 31st, there was short interest totaling 10,130,000 shares, a decline of 19.0% from the May 15th total of 12,500,000 shares. Based on an average trading volume of 1,940,000 shares, the short-interest ratio is currently 5.2 days. Currently, 4.5% of the company's shares are sold short. View EnLink Midstream's Short Interest. When is EnLink Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our ENLC earnings forecast. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) issued its earnings results on Tuesday, April, 30th. The pipeline company reported $0.14 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.14. The pipeline company earned $1.65 billion during the quarter, compared to analyst estimates of $1.79 billion. EnLink Midstream had a trailing twelve-month return on equity of 8.58% and a net margin of 2.40%. How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream? EnLink Midstream announced a quarterly dividend on Thursday, April 11th. Investors of record on Friday, April 26th will be paid a dividend of $0.132 per share on Tuesday, May 14th. This represents a $0.53 annualized dividend and a dividend yield of 3.99%. The ex-dividend date is Thursday, April 25th. Read our dividend analysis for ENLC. Is EnLink Midstream a good dividend stock? EnLink Midstream (NYSE:ENLC) pays an annual dividend of $0.53 per share and currently has a dividend yield of 3.96%. ENLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 151.43%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ENLC will have a dividend payout ratio of 72.60% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ENLC. What ETFs hold EnLink Midstream's stock? ETFs with the largest weight of EnLink Midstream (NYSE:ENLC) stock in their portfolio include InfraCap MLP ETF (AMZA), Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), Goldman Sachs ETF Trust Goldman (GPOW), Alerian Energy Infrastructure ETF (ENFR), Pacer American Energy Independence ETF (USAI), Virtus Duff & Phelps Clean Energy ETF (VCLN) and USCF Midstream Energy Income Fund (UMI). What is Barry Davis' approval rating as EnLink Midstream's CEO? 18 employees have rated EnLink Midstream Chief Executive Officer Barry Davis on Glassdoor.com. Barry Davis has an approval rating of 43% among the company's employees. This puts Barry Davis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of EnLink Midstream own? Based on aggregate information from My MarketBeat watchlists, some companies that other EnLink Midstream investors own include Golar LNG Partners (GMLP), Washington Prime Group (WPG), Pennsylvania Real Estate Investment Trust (PEI), DHT (DHT), New Residential Investment (NRZ), CNBX Pharmaceuticals (CNBX), ADMA Biologics (ADMA), CBL & Associates Properties (CBL) and Matinas BioPharma (MTNB). Who are EnLink Midstream's major shareholders? EnLink Midstream's stock is owned by a number of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (3.05%), Mirae Asset Global Investments Co. Ltd. (1.34%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.52%), Westwood Holdings Group Inc. (0.50%), Westwood Holdings Group Inc. (0.50%) and Miller Howard Investments Inc. NY (0.48%). Insiders that own company stock include Alaina K Brooks, Benjamin D Lamb, Egypt Holdings Lp Wsip, Goldman Sachs Group Inc, Jan Philipp Rossbach and Kyle D Vann. View institutional ownership trends. How do I buy shares of EnLink Midstream? Shares of ENLC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ENLC) was last updated on 6/13/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. 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