NYSE:ERF Enerplus (ERF) Stock Price, News & Analysis → Elon to Transform U.S. Economy? (From Porter & Company) (Ad) Free ERF Stock Alerts $19.56 +0.08 (+0.41%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$19.37▼$19.6450-Day Range$17.49▼$20.6752-Week Range$13.46▼$20.97Volume2.08 million shsAverage Volume2.01 million shsMarket Capitalization$4.00 billionP/E Ratio9.31Dividend Yield1.33%Price Target$21.69 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Enerplus alerts: Email Address Enerplus MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside10.9% Upside$21.69 Price TargetShort InterestHealthy1.15% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.32Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth14.07%From $1.99 to $2.27 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.2.91 out of 5 starsOils/Energy Sector822nd out of 1,427 stocksCrude Petroleum & Natural Gas Industry301st out of 462 stocks 2.4 Analyst's Opinion Consensus RatingEnerplus 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 CoverageEnerplus has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.15% of the float of Enerplus has been sold short.Short Interest Ratio / Days to CoverEnerplus has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Enerplus has recently increased by 8.29%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEnerplus pays a meaningful dividend of 1.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEnerplus has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Enerplus is 12.38%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Enerplus will have a dividend payout ratio of 11.45% next year. This indicates that Enerplus will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ERF. Previous Next 1.8 News and Social Media Coverage News SentimentEnerplus has a news sentiment score of 0.32. 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 lower news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Enerplus this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for ERF on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Enerplus to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Enerplus insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.41% of the stock of Enerplus is held by insiders.Percentage Held by Institutions58.42% of the stock of Enerplus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Enerplus are expected to grow by 14.07% in the coming year, from $1.99 to $2.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Enerplus is 9.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Enerplus is 9.31, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.30.Price to Book Value per Share RatioEnerplus has a P/B Ratio of 3.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsThe Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. About Enerplus Stock (NYSE: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.Read More ERF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERF Stock News HeadlinesMay 1, 2024 | americanbankingnews.comRoyal Bank of Canada Downgrades Enerplus (NYSE:ERF) to Sector PerformApril 30, 2024 | americanbankingnews.comEnerplus (NYSE:ERF) Receives New Coverage from Analysts at StockNews.comMay 4, 2024 | Behind the Markets (Ad)The only defense company you should be looking atThis is the ONLY defense company you should be watching right now.April 29, 2024 | msn.comToronto market subdued as broad gains countered by resource lossesApril 25, 2024 | finance.yahoo.comEnerplus Announces Filing of Management Information Circular for Special Meeting of ShareholdersApril 15, 2024 | businesswire.comENERPLUS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enerplus Corporation - ERFApril 14, 2024 | markets.businessinsider.comTrican Well Service (TOLWF) Receives a Rating Update from a Top AnalystApril 8, 2024 | prnewswire.comChord Energy and Enerplus Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction UpdateMay 4, 2024 | Behind the Markets (Ad)The only defense company you should be looking atThis is the ONLY defense company you should be watching right now.March 1, 2024 | nasdaq.comEx-Dividend Reminder: LyondellBasell Industries, Suncor Energy and EnerplusFebruary 26, 2024 | businesswire.comENERPLUS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enerplus Corporation - ERFFebruary 22, 2024 | prnewswire.comShareholder Alert: Ademi LLP investigates whether Enerplus Corporation has obtained a Fair Price in its transaction with ChordFebruary 22, 2024 | benzinga.comWhy Oil & Gas Exploration Company Enerplus Shares Are Surging Premarket TodayFebruary 21, 2024 | marketwatch.comEnerplus Shares Pop 9.6% on Proposed Combination With Chord EnergyFebruary 21, 2024 | theglobeandmail.comEnerplus Announces Fourth Quarter and Full Year 2023 Financial and Operating ResultsFebruary 21, 2024 | finance.yahoo.comEnerplus: Q4 Earnings SnapshotFebruary 21, 2024 | msn.comChord Energy, Enerplus to Combine in $11 Billion DealFebruary 21, 2024 | msn.comChord Energy, Canada’s Enerplus to combine into $11 billion company, with eye on ‘premier’ position in North Dakota’s Williston basinFebruary 21, 2024 | finance.yahoo.comEnerplus Announces an 8% Increase to its Quarterly Cash Dividend for March 2024February 21, 2024 | wsj.comChord Energy, Enerplus to Combine in $11 Billion DealFebruary 21, 2024 | reuters.comChord Energy to buy Canada's Enerplus to boost Williston basin presenceFebruary 21, 2024 | prnewswire.comChord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company with Top-Tier Shareholder ReturnsFebruary 9, 2024 | msn.comDevon Energy Could Soon Join the Oil Patch Acquisition BingeFebruary 8, 2024 | msn.comTSX declines as market sentiment stays cautious ahead of Canadian employment dataFebruary 8, 2024 | msn.comDevon Energy in bid to acquire Enerplus, sources sayFebruary 8, 2024 | msn.comShale producer Devon Energy in bid to acquire Enerplus -sourcesFebruary 7, 2024 | seekingalpha.comEnerplus Corporation: Finishes 2023 With Another Quarter Of Production OutperformanceSee More Headlines Receive ERF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Enerplus and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Ex-Dividend for 3/15 Dividend3/01/2024Dividend Payable3/15/2024Today5/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:ERF CUSIPN/A CIK1126874 Webwww.enerplus.com Phone(403) 298-2200Fax403-298-2211Employees404Year FoundedN/APrice Target and Rating Average Stock Price Target$21.69 High Stock Price Target$25.00 Low Stock Price Target$18.85 Potential Upside/Downside+10.9%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.10 Trailing P/E Ratio9.31 Forward P/E Ratio9.83 P/E GrowthN/ANet Income$456.08 million Net Margins27.67% Pretax Margin33.49% Return on Equity40.36% Return on Assets23.44% Debt Debt-to-Equity Ratio0.09 Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$1.69 billion Price / Sales2.36 Cash Flow$4.25 per share Price / Cash Flow4.60 Book Value$6.07 per share Price / Book3.22Miscellaneous Outstanding Shares204,250,000Free Float203,409,000Market Cap$4.00 billion OptionableOptionable Beta1.97 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Ian Charles Dundas B.Com. (Age 56)B.Comm., L.L.B., President, CEO & Non-Independent Director Comp: $1.6MMs. Jodine Julene-Jenson Labrie B.Com.B.Comm, C.A., CBV, Senior VP & CFOMr. Wade D. Hutchings (Age 51)Senior VP & COO Comp: $1.02MMr. David A. McCoy B.Comm.Llb, VP, General Counsel & Corporate SecretaryDrew MairManager of Investor RelationsMr. Garth R. DollVice President of Marketing & MidstreamMs. Pamela Anne RamotowskiVice President of People & CultureMore ExecutivesKey CompetitorsVista EnergyNYSE:VISTNorthern Oil and GasNYSE:NOGCalifornia ResourcesNYSE:CRCCNX ResourcesNYSE:CNXSasolNYSE:SSLView All CompetitorsInstitutional OwnershipGrace & White Inc. NYSold 3,000 shares on 4/25/2024Ownership: 0.070%Albert D Mason Inc.Bought 621 shares on 4/25/2024Ownership: 0.022%Simplex Trading LLCBought 26,500 shares on 4/25/2024Ownership: 0.000%Lindbrook Capital LLCBought 750 shares on 4/25/2024Ownership: 0.003%Raymond James Financial Services Advisors Inc.Bought 85,996 shares on 4/23/2024Ownership: 0.051%View All Institutional 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 year. 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 brokerages have issued 1-year price objectives for Enerplus' shares. Their ERF share price targets range from $18.85 to $25.00. On average, they anticipate the company's share price to reach $21.69 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. 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 $15.34 at the beginning of the year. Since then, ERF stock has increased by 27.5% and is now trading at $19.56. View the best growth stocks for 2024 here. Are investors shorting Enerplus? Enerplus saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,220,000 shares, an increase of 8.3% from the March 31st total of 2,050,000 shares. Based on an average daily trading volume, of 3,380,000 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.2% of the company's shares are sold short. View Enerplus' Short Interest. How were Enerplus' earnings last quarter? Enerplus Co. (NYSE:ERF) issued its earnings results on Wednesday, February, 21st. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.01. The oil and natural gas company earned $437.10 million during the quarter. Enerplus had a net margin of 27.67% and a trailing twelve-month return on equity of 40.36%. How often does Enerplus pay dividends? What is the dividend yield for Enerplus? Enerplus announced a quarterly dividend on Wednesday, February 21st. Investors of record on Monday, March 4th will be paid a dividend of $0.13 per share on Friday, March 15th. This represents a $0.52 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend is Friday, March 1st. This is a boost from the stock's previous quarterly dividend of $0.06. Read our dividend analysis for ERF. Is Enerplus a good dividend stock? Enerplus (NYSE:ERF) pays an annual dividend of $0.26 per share and currently has a dividend yield of 1.33%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERF will have a dividend payout ratio of 11.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ERF. What ETFs hold Enerplus' stock? ETFs with the largest weight of Enerplus (NYSE:ERF) stock in their portfolio include ProShares Merger ETF (MRGR), AltShares Merger Arbitrage ETF (ARB), First Trust Natural Gas ETF (FCG), iShares International Developed Small Cap Value Factor ETF (ISVL), IQ Merger Arbitrage ETF (MNA), Avantis International Small Cap Value ETF (AVDV), iShares International Small Cap Equity Factor ETF (ISCF) and Schwab International Small-Cap Equity ETF (SCHC). What is Ian C. Dundas' approval rating as Enerplus' CEO? 22 employees have rated Enerplus Chief Executive Officer Ian C. Dundas on Glassdoor.com. Ian C. Dundas has an approval rating of 76% among the company's employees. What other stocks do shareholders of Enerplus own? Based on aggregate information from My MarketBeat watchlists, some companies that other Enerplus investors own include Pennsylvania Real Estate Investment Trust (PEI), Gran Tierra Energy (GTE), CNBX Pharmaceuticals (CNBX), Organigram (OGI), Golar LNG Partners (GMLP), KushCo (KSHB), Matinas BioPharma (MTNB), ADMA Biologics (ADMA), DHT (DHT) and Bionano Genomics (BNGO). Who are Enerplus' major shareholders? Enerplus' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Raymond James & Associates (0.17%), Allspring Global Investments Holdings LLC (0.13%), Grace & White Inc. NY (0.07%), Raymond James Financial Services Advisors Inc. (0.05%), GoalVest Advisory LLC (0.03%) and Albert D Mason Inc. (0.02%). How do I buy shares of Enerplus? Shares of ERF 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:ERF) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCCould Your Accounts Be Frozen?Allegiance GoldUrgent Nvidia WarningAltimetryThe only defense company you should be looking atBehind the MarketsThe asset beating inflation by 4xColonial MetalsThe A.I. story nobody is telling you (Read ASAP)TradeSmithHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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