NASDAQ:ENLT

Enlight Renewable Energy (ENLT) Stock Price, News & Analysis

$15.76
+0.10 (+0.64%)
(As of 04/26/2024 08:52 PM ET)
Today's Range
$15.65
$16.00
50-Day Range
$15.66
$17.76
52-Week Range
$12.11
$20.44
Volume
11,200 shs
Average Volume
44,347 shs
Market Capitalization
$1.82 billion
P/E Ratio
27.65
Dividend Yield
N/A
Price Target
$18.50

Enlight Renewable Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
17.4% Upside
$18.50 Price Target
Short Interest
Bearish
0.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
65.91%
From $0.44 to $0.73 Per Share

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.

1.42 out of 5 stars

Oils/Energy Sector

190th out of 237 stocks

Electric Services Industry

38th out of 41 stocks

ENLT stock logo

About Enlight Renewable Energy Stock (NASDAQ:ENLT)

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh Haayin, Israel.

ENLT Stock Price History

ENLT Stock News Headlines

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ENLT Enlight Renewable Energy Ltd
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
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Company Calendar

Last Earnings
2/26/2024
Today
4/29/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:ENLT
Fax
N/A
Employees
287
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.50
High Stock Price Target
$20.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+17.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$70.92 million
Pretax Margin
49.46%

Debt

Sales & Book Value

Annual Sales
$255.70 million
Cash Flow
$1.18 per share
Book Value
$12.42 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.82 billion
Optionable
Optionable
Beta
1.84
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Key Executives

  • Mr. Gilad Yavetz (Age 54)
    Co-Founder, CEO & Director
    Comp: $430k
  • Mr. Amit Paz (Age 58)
    Co-Founder and Senior VP of Engineering, Contracting & Procurement
    Comp: $280k
  • Mr. Nir Yehuda (Age 48)
    Chief Financial Officer
    Comp: $320k
  • Mr. Michael Avidan (Age 48)
    VP of North America & President of Enlight's U.S. Operations
    Comp: $300k
  • Mr. Ilan Goren (Age 50)
    Vice President of Global Project Development, Israel Business Development & Construction
    Comp: $250k
  • Mr. Jason Ellsworth
    Co-founder & CEO of Clenera
  • Ms. Ayelet Cohen Israeli (Age 56)
    Vice President of Operations
  • Mr. Yosef Lefkovitz
    Vice President of Corporate Finance and M&A
  • Ms. Lisa Haimovitz Adv. (Age 59)
    VP & General Counsel
  • Mr. Brian T. Hansen
    General Counsel of Clenera

ENLT Stock Analysis - Frequently Asked Questions

Should I buy or sell Enlight Renewable Energy stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enlight Renewable Energy in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ENLT shares.
View ENLT analyst ratings
or view top-rated stocks.

What is Enlight Renewable Energy's stock price target for 2024?

4 analysts have issued 12-month price objectives for Enlight Renewable Energy's stock. Their ENLT share price targets range from $16.00 to $20.00. On average, they predict the company's share price to reach $18.50 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price.
View analysts price targets for ENLT
or view top-rated stocks among Wall Street analysts.

How have ENLT shares performed in 2024?

Enlight Renewable Energy's stock was trading at $19.14 at the beginning of 2024. Since then, ENLT shares have decreased by 17.7% and is now trading at $15.76.
View the best growth stocks for 2024 here
.

Are investors shorting Enlight Renewable Energy?

Enlight Renewable Energy saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 625,600 shares, an increase of 107.4% from the March 15th total of 301,600 shares. Based on an average daily trading volume, of 46,600 shares, the days-to-cover ratio is currently 13.4 days. Currently, 0.6% of the company's stock are sold short.
View Enlight Renewable Energy's Short Interest
.

When is Enlight Renewable Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ENLT earnings forecast
.

How can I listen to Enlight Renewable Energy's earnings call?

Enlight Renewable Energy will be holding an earnings conference call on Wednesday, May 8th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Enlight Renewable Energy's earnings last quarter?

Enlight Renewable Energy Ltd (NASDAQ:ENLT) released its quarterly earnings results on Monday, February, 26th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by $0.05. The business had revenue of $73.83 million for the quarter, compared to the consensus estimate of $85.36 million. Enlight Renewable Energy had a trailing twelve-month return on equity of 5.05% and a net margin of 27.74%.

What ETF holds Enlight Renewable Energy's stock?

TrueShares Eagle Global Renewable Energy Income ETF holds 3,253 shares of ENLT stock, representing 1.93% of its portfolio.

What guidance has Enlight Renewable Energy issued on next quarter's earnings?

Enlight Renewable Energy updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $335.0 million-$360.0 million, compared to the consensus revenue estimate of $393.5 million.

When did Enlight Renewable Energy IPO?

Enlight Renewable Energy (ENLT) raised $252 million in an initial public offering on Friday, February 10th 2023. The company issued 14,000,000 shares at a price of $18.00 per share.

Who are Enlight Renewable Energy's major shareholders?

Enlight Renewable Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.50%).

How do I buy shares of Enlight Renewable Energy?

Shares of ENLT 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 (NASDAQ:ENLT) was last updated on 4/29/2024 by MarketBeat.com Staff

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