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NYSE: ENLC
Enlink Midstream LLC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ENLC

Based on 7 analysts offering 12 month price targets for Enlink Midstream LLC.
Min Forecast
$10.00-3.85%
Avg Forecast
$13.64+31.18%
Max Forecast
$18.00+73.08%

Should I buy or sell ENLC stock?

Based on 7 analysts offering ratings for Enlink Midstream LLC.
Buy
Strong Buy
3 analysts 42.86%
Buy
1 analysts 14.29%
Hold
3 analysts 42.86%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their ENLC stock forecasts and price targets.

ENLC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 21%
80
Strong BuyUpgrades$13.00+25.00%2023-03-09
Raymond James
Top 1%
100
BuyMaintains$15.00+44.23%2023-02-16
Morgan Stanley
Top 19%
82
Strong BuyMaintains$18.00+73.08%2023-01-09
RBC Capital
Top 11%
90
HoldMaintains$14.00+34.62%2022-11-03
Stifel Nicolaus
Bottom 10%
10
Strong BuyInitiates Coverage On$12.50+20.19%2022-09-27
Mizuho
Top 15%
86
HoldMaintains$13.00+25.00%2022-05-27
Wells Fargo
Top 13%
88
HoldMaintains$10.00-3.85%2022-04-28

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Forecast return on equity

Is ENLC forecast to generate an efficient return?
Company
24.86%
Industry
11.28%
Market
51.58%
ENLC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ENLC forecast to generate an efficient return on assets?
Company
3.75%
Industry
5.98%
ENLC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ENLC earnings per share forecast

What is ENLC's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$0.59-22.37%
Avg 2 year Forecast
$0.69-9.21%
ENLC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ENLC revenue forecast

What is ENLC's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$8.7B-8.34%
Avg 2 year Forecast
$10.4B+9.41%
ENLC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ENLC earnings growth forecast

How is ENLC forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-22.37%
Industry
71.19%
Market
78.57%
ENLC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ENLC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ENLC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ENLC revenue growth forecast

How is ENLC forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-8.34%
Industry
-1.62%
Market
25.81%
ENLC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ENLC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ENLC vs Oil & Gas Midstream Stocks

TickerPricePrice TargetUp/downsideConsensus
ENLC$10.40$13.64+31.18%Buy
AM$9.99$12.00+20.12%Sell
VNOM$27.41$36.86+34.47%Strong Buy
KNTK$30.64$43.57+42.20%Buy
EURN$17.57$17.40-0.97%Buy
View Top Oil & Gas Midstream Stocks

Enlink Midstream Stock Forecast FAQ

Is Enlink Midstream Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: ENLC) stock is to Buy ENLC stock.

Out of 7 analysts, 3 (42.86%) are recommending ENLC as a Strong Buy, 1 (14.29%) are recommending ENLC as a Buy, 3 (42.86%) are recommending ENLC as a Hold, 0 (0%) are recommending ENLC as a Sell, and 0 (0%) are recommending ENLC as a Strong Sell.

If you're new to stock investing, here's how to buy Enlink Midstream stock.

What is ENLC's earnings growth forecast for 2023-2024?

(NYSE: ENLC) Enlink Midstream's forecast annual earnings growth rate of -22.37% is not forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 71.19%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 78.57%.

Enlink Midstream's earnings in 2023 is $361,300,000.On average, 3 Wall Street analysts forecast ENLC's earnings for 2023 to be $277,675,501, with the lowest ENLC earnings forecast at $249,437,315, and the highest ENLC earnings forecast at $338,858,239.

In 2024, ENLC is forecast to generate $324,739,146 in earnings, with the lowest earnings forecast at $272,969,137 and the highest earnings forecast at $376,509,154.

What is ENLC's revenue growth forecast for 2023-2024?

(NYSE: ENLC) Enlink Midstream's forecast annual revenue growth rate of -8.34% is not forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of -1.62%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.81%.

Enlink Midstream's revenue in 2023 is $9,542,100,000.On average, 2 Wall Street analysts forecast ENLC's revenue for 2023 to be $4,116,312,461,045, with the lowest ENLC revenue forecast at $3,479,664,660,414, and the highest ENLC revenue forecast at $4,752,960,732,312.

In 2024, ENLC is forecast to generate $4,913,272,211,982 in revenue, with the lowest revenue forecast at $4,913,272,211,982 and the highest revenue forecast at $4,913,272,211,982.

What is ENLC's forecast return on assets (ROA) for 2023-2024?

(NYSE: ENLC) forecast ROA is 3.75%, which is lower than the forecast US Oil & Gas Midstream industry average of 5.98%.

What is ENLC's Price Target?

According to 7 Wall Street analysts that have issued a 1 year ENLC price target, the average ENLC price target is $13.64, with the highest ENLC stock price forecast at $18.00 and the lowest ENLC stock price forecast at $10.00.

On average, Wall Street analysts predict that Enlink Midstream's share price could reach $13.64 by Mar 9, 2024. The average Enlink Midstream stock price prediction forecasts a potential upside of 31.18% from the current ENLC share price of $10.40.

What is ENLC's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: ENLC) Enlink Midstream's current Earnings Per Share (EPS) is $0.76. On average, analysts forecast that ENLC's EPS will be $0.59 for 2023, with the lowest EPS forecast at $0.53, and the highest EPS forecast at $0.72. In 2024, ENLC's EPS is forecast to hit $0.69 (min: $0.58, max: $0.80).

What is ENLC's forecast return on equity (ROE) for 2023-2024?

(NYSE: ENLC) forecast ROE is 24.86%, which is considered strong.
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