Should I buy or sell Enerplus stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ERF shares. View ERF analyst ratings or view top-rated stocks .

What is Enerplus' stock price target for 2024?

5 brokers have issued 1 year target prices for Enerplus' shares. Their ERF share price targets range from C$18.85 to C$27.25. On average, they predict the company's stock price to reach C$23.67 in the next year. This suggests that the stock has a possible downside of 14.3%. View analysts price targets for ERF or view top-rated stocks among Wall Street analysts .

How have ERF shares performed in 2024?

Enerplus' stock was trading at C$20.31 at the start of the year. Since then, ERF stock has increased by 36.0% and is now trading at C$27.62. View the best growth stocks for 2024 here .

When is Enerplus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our ERF earnings forecast .

How were Enerplus' earnings last quarter?

Enerplus Co. (TSE:ERF) posted its quarterly earnings results on Wednesday, February, 21st. The oil and natural gas company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.03. The oil and natural gas company had revenue of $595.12 million for the quarter. Enerplus had a net margin of 29.85% and a trailing twelve-month return on equity of 39.59%.

How often does Enerplus pay dividends? What is the dividend yield for Enerplus?

Enerplus announced a mar 24 dividend on Wednesday, February 21st. Stockholders of record on Friday, March 15th will be given a dividend of 0.065 per share on Monday, March 4th. The ex-dividend date is Friday, March 1st. Read our dividend analysis for ERF .

Is Enerplus a good dividend stock?

Enerplus (TSE:ERF) pays an annual dividend of C$0.35 per share and currently has a dividend yield of 1.27%. The dividend payout ratio is 12.32%. 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) .

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 .

TSE:ERF

Enerplus (ERF) Stock Price, News & Analysis

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Free ERF Stock Alerts

C$27.62

-0.52 (-1.85%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$27.62
▼
C$28.31
50-Day Range: C$20.84
▼
C$28.47
52-Week Range: C$18.23
▼
C$28.84

Volume: 205,465 shs
Average Volume: 622,342 shs
Market Capitalization: C$5.61 billion

P/E Ratio: 9.73
Dividend Yield: 1.27%
Price Target: C$23.67

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Enerplus alerts:

Enerplus MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 14.3% Downside
C$23.67 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$2.52 M Sold Last Quarter
Proj. Earnings Growth: N/A

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.

1.92 out of 5 stars

1.4

Analyst's Opinion

Consensus Rating
Enerplus has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Enerplus has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ERF.

1.7

Dividend Strength

Dividend Yield
Enerplus pays a meaningful dividend of 1.27%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Enerplus does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Enerplus is 12.32%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ERF.

2.8

News and Social Media Coverage

News Sentiment
Enerplus has a news sentiment score of 1.01. 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 0.38 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Enerplus this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for ERF on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
2 people have added Enerplus to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Enerplus insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,521,966.00 in company stock.
Percentage Held by Insiders
Only 0.29% of the stock of Enerplus is held by insiders.
Percentage Held by Institutions
62.86% of the stock of Enerplus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Enerplus is 9.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Enerplus is 9.73, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 93.96.
Price to Earnings Growth Ratio
Enerplus has a PEG Ratio of 0.25. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Enerplus has a P/B Ratio of 4.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Enerplus Stock (TSE:ERF)

Enerplus Corporation, together with its subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada.

ERF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ERF Stock News Headlines

April 12, 2024 | americanbankingnews.com

Enerplus Co. (TSE:ERF) Given Consensus Recommendation of "Moderate Buy" by Analysts

April 8, 2024 | finance.yahoo.com

The 3.9% return this week takes Enerplus' (TSE:ERF) shareholders three-year gains to 325%

April 17, 2024 | InvestorPlace (Ad)

Forget Nvidia, buy this A.I. Stock Now

April 8, 2024 | americanbankingnews.com

Q2 2024 EPS Estimates for Enerplus Co. Raised by Capital One Financial (TSE:ERF)

April 2, 2024 | wsj.com

Enerplus Corp.

March 16, 2024 | nasdaq.com

Interesting ERF Put And Call Options For May 17th

March 14, 2024 | finance.yahoo.com

Is This The No.1 Energy Stock for 2024?

March 12, 2024 | oilprice.com

Forgotten Gas Reserves Could Be A Gamechanger For European Energy

April 17, 2024 | InvestorPlace (Ad)

Forget Nvidia, buy this A.I. Stock Now

February 27, 2024 | finance.yahoo.com

There's A Lot To Like About Enerplus' (TSE:ERF) Upcoming US$0.065 Dividend

February 23, 2024 | finance.yahoo.com

Enerplus Increases Quarterly Cash Dividend

February 23, 2024 | finance.yahoo.com

Enerplus Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line

February 23, 2024 | realmoney.thestreet.com

Enerplus downgraded to Tender from Buy at TD Securities

February 22, 2024 | markets.businessinsider.com

Enerplus Rallies On Acquisition News

February 22, 2024 | msn.com

Chord Energy, Enerplus to merge to form $11bn oil firm

February 22, 2024 | msn.com

Enerplus Non-GAAP EPS of $2.26, revenue of $1.7B; initiates FY24 outlook

February 21, 2024 | finance.yahoo.com

Chord to Buy Enerplus for $3.7 Billion to Bulk Up In Bakken

February 19, 2024 | finance.yahoo.com

Enerplus Corporation (TSE:ERF) is a favorite amongst institutional investors who own 60%

February 14, 2024 | oilprice.com

Another Mega-Merger Is Brewing in the U.S. Shale Patch

February 9, 2024 | benzinga.com

Oil & Gas Player Devon Energy Seeks Enerplus Acquisition: Report

February 6, 2024 | theglobeandmail.com

Government of Canada to Establish Next Phase of Canada Greener Homes Initiative to Help More Canadians Save on Their Energy Bills

January 26, 2024 | marketwatch.com

Enerplus Sees 1Q Production Impacted by Cold Snap in North Dakota

January 26, 2024 | theglobeandmail.com

Market movers: Stocks seeing action on Friday - and why

January 26, 2024 | msn.com

Enerplus sees Q1 production hit from North Dakota cold snap

January 6, 2024 | nasdaq.com

First Week of February 16th Options Trading For Enerplus (ERF)

November 8, 2023 | finance.yahoo.com

The Trend Of High Returns At Enerplus (TSE:ERF) Has Us Very Interested

November 4, 2023 | markets.businessinsider.com

Scotiabank Reaffirms Their Hold Rating on Enerplus (ERF)

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 3/4 Dividend: 3/01/2024
Dividend Payable: 3/04/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:ERF
CUSIP: N/A
CIK: N/A
Web: www.enerplus.com
Phone: +1-403-2982200
Fax: N/A
Employees: 404
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$23.67
High Stock Price Target: C$27.25
Low Stock Price Target: C$18.85
Potential Upside/Downside: -14.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.84
Trailing P/E Ratio: 9.73
Forward P/E Ratio: 9.20
P/E Growth: 0.25
Net Income: C$456.08 million
Net Margins: 29.85%
Pretax Margin: N/A
Return on Equity: 39.59%
Return on Assets: 18.12%

Debt

Debt-to-Equity Ratio: 17.31
Current Ratio: 0.80
Quick Ratio: 0.61

Sales & Book Value

Annual Sales: C$1.53 billion
Price / Sales: 3.67
Cash Flow: C$0.24 per share
Price / Cash Flow: 117.18
Book Value: C$6.07 per share
Price / Book: 4.55

Miscellaneous

Outstanding Shares: 203,260,000
Free Float: N/A
Market Cap: C$5.61 billion
Optionable: Not Optionable
Beta: 2.65

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Key Executives

Mr. Ian Charles Dundas B.Com. (Age 56)
B.Comm., L.L.B., President, CEO & Non-Independent Director
Comp: $2.18M
Ms. Jodine Julene-Jenson Labrie B.Com.
B.Comm, C.A., CBV, Senior VP & CFO
Mr. Wade D. Hutchings (Age 51)
Senior VP & COO
Comp: $1.39M
Mr. David A. McCoy B.Comm.
Llb, VP, General Counsel & Corporate Secretary
Drew Mair
Manager of Investor Relations
Mr. Garth R. Doll
Vice President of Marketing & Midstream
Ms. Pamela Anne Ramotowski
Vice President of People & Culture
Ms. Shaina Brianne Morihira B.Com.
C.A., CPA, Vice President of Finance

Key Competitors

View All Competitors

Insiders

Ian Charles Dundas
Sold 104,537 shares
Total: C$2.52 M ($24.13/share)

View All Insider Transactions

ERF Stock Analysis - Frequently Asked Questions

Should I buy or sell Enerplus stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ERF shares.
View ERF analyst ratings or view top-rated stocks.
What is Enerplus' stock price target for 2024?: 5 brokers have issued 1 year target prices for Enerplus' shares. Their ERF share price targets range from C$18.85 to C$27.25. On average, they predict the company's stock price to reach C$23.67 in the next year. This suggests that the stock has a possible downside of 14.3%.
View analysts price targets for ERF or view top-rated stocks among Wall Street analysts.
How have ERF shares performed in 2024?: Enerplus' stock was trading at C$20.31 at the start of the year. Since then, ERF stock has increased by 36.0% and is now trading at C$27.62.
View the best growth stocks for 2024 here.
When is Enerplus' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ERF earnings forecast.
How were Enerplus' earnings last quarter?: Enerplus Co. (TSE:ERF) posted its quarterly earnings results on Wednesday, February, 21st. The oil and natural gas company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.03. The oil and natural gas company had revenue of $595.12 million for the quarter. Enerplus had a net margin of 29.85% and a trailing twelve-month return on equity of 39.59%.

How often does Enerplus pay dividends? What is the dividend yield for Enerplus?: Enerplus announced a mar 24 dividend on Wednesday, February 21st. Stockholders of record on Friday, March 15th will be given a dividend of 0.065 per share on Monday, March 4th. The ex-dividend date is Friday, March 1st.
Read our dividend analysis for ERF.
Is Enerplus a good dividend stock?: Enerplus (TSE:ERF) pays an annual dividend of C$0.35 per share and currently has a dividend yield of 1.27%. The dividend payout ratio is 12.32%. 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).
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.

This page (TSE:ERF) was last updated on 4/17/2024 by MarketBeat.com Staff

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Enerplus (ERF) Stock Price, News & Analysis

Enerplus MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Enerplus Stock (TSE:ERF)

ERF Stock Price History

ERF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

ERF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™