Enlink Midstream is a oil & gas midstream company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker ENLC on the NYSE exchange.
Enlink Midstream stock last closed at $9.73, down 0.51% from the previous day, and has decreased 11.3% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.11 percentage points. Enlink Midstream stock is currently +25.23% from its 52-week low of $7.77, and -28.35% from its 52-week high of $13.58.
At the moment, there are 465.99M shares of ENLC outstanding. The market capitalization of ENLC is $4.53B. In the last 24 hours, 2.69M ENLC shares were traded.
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Once you have chosen the best place to buy Enlink Midstream stock, it's absolutely critical to evaluate their stock before you invest, so you truly comprehend the risk as well as the opportunity.
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on ENLC's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge ENLC's true value.
Using relative valuations metrics:
You can do more valuation research on ENLC's stock here.
Out of 6 Wall Street analysts who research ENLC, the consensus analyst rating on Enlink Midstream is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Selman Akyol, a bottom 12% analyst from Stifel Nicolaus maintains ENLC with a strong buy rating and lowers their ENLC price target from $14.50 to $14.00, on May 4, 2023.
T J Schultz, a top 14% analyst from RBC Capital maintains ENLC with a hold rating and lowers their ENLC price target from $14.00 to $13.00, on May 4, 2023.
Justin Jenkins, a top 1% analyst from Raymond James maintains ENLC with a buy rating and lowers their ENLC price target from $15.00 to $14.00, on May 4, 2023.
Robert Kad, a top 14% analyst from Morgan Stanley maintains ENLC with a strong buy rating and lowers their ENLC price target from $18.00 to $17.00, on Apr 25, 2023.
Jeremy Tonet, a top 29% analyst from JP Morgan maintains ENLC with a hold rating and lowers their ENLC price target from $14.00 to $13.00, on Apr 18, 2023.
You can dig deeper into what analysts are forecasting on the Enlink Midstream stock forecast page.
Last year, ENLC earnings were $384.30M. In the past 5 year, ENLC's earnings have gone up by -8.31% per year. This was slower than the Oil & Gas Midstream industry average of 26.55%.
Last year, ENLC revenue was $9.08B. During the past 5 year, ENLC's revenue has grown by 8.01% per year. This was slower than the Oil & Gas Midstream industry average of 14.3%.
You can research ENLC's earnings and revenue performance here.
Over the last year, insiders at ENLC have sold more shares than they have bought.
Jan Philipp Rossbach, VP Chief Accounting Officer of ENLC, was the latest ENLC insider to sell. They sold $43,414.20 worth of ENLC shares on Apr 1, 2023.
Research more about who owns ENLC shares here.
Enlink Midstream pays a dividend of 4.88%, compared to the Oil & Gas Midstream industry's average dividend yield of 6.86%. If you owned $1,000 worth of ENLC stock, you would have received $48.82 in the past 12 months.
Enlink Midstream dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Enlink Midstream dividend yield and history here.
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