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NASDAQ:ENLT

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

$17.51
+0.25 (+1.45%)
(As of 05/24/2024 08:49 PM ET)
Today's Range
$17.28
$17.75
50-Day Range
$15.66
$18.48
52-Week Range
$12.11
$20.44
Volume
11,600 shs
Average Volume
40,333 shs
Market Capitalization
$2.02 billion
P/E Ratio
34.33
Dividend Yield
N/A
Price Target
$18.75

Enlight Renewable Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.1% Upside
$18.75 Price Target
Short Interest
Healthy
0.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.95mentions of Enlight Renewable Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
64.00%
From $0.25 to $0.41 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.

0.79 out of 5 stars

Oils/Energy Sector

217th out of 240 stocks

Electric Services Industry

39th 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

ENLT Enlight Renewable Energy Ltd
Clēnera Announces a Planned CEO Transition
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/26/2024
Next Earnings (Estimated)
8/14/2024
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
$18.75
High Stock Price Target
$20.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+7.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$70.92 million
Pretax Margin
41.78%

Debt

Sales & Book Value

Annual Sales
$255.70 million
Cash Flow
$1.18 per share
Book Value
$12.62 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.02 billion
Optionable
Optionable
Beta
1.68
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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 research 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 research 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 brokers have issued twelve-month price objectives for Enlight Renewable Energy's shares. Their ENLT share price targets range from $16.00 to $20.00. On average, they predict the company's stock price to reach $18.75 in the next twelve months. This suggests a possible upside of 7.1% 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 8.5% and is now trading at $17.51.
View the best growth stocks for 2024 here
.

When is Enlight Renewable Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our ENLT earnings forecast
.

How were Enlight Renewable Energy's earnings last quarter?

Enlight Renewable Energy Ltd (NASDAQ:ENLT) announced its quarterly earnings results on Wednesday, May, 8th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.09 by $0.05. The business earned $90.40 million during the quarter, compared to the consensus estimate of $79.31 million. Enlight Renewable Energy had a net margin of 23.15% and a trailing twelve-month return on equity of 4.47%. The company's revenue for the quarter was up 27.3% compared to the same quarter last year. During the same period last year, the business earned $0.20 EPS.

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 Wednesday, May, 8th. 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 $347.3 million.

When did Enlight Renewable Energy IPO?

Enlight Renewable Energy (ENLT) raised $252 million in an initial public offering (IPO) 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 Meitav Investment House Ltd. (5.25%), Vanguard Group Inc. (3.46%), Harel Insurance Investments & Financial Services Ltd. (2.20%), Assenagon Asset Management S.A. (0.50%), Swiss National Bank (0.20%) and Quadrature Capital Ltd (0.02%).

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 5/27/2024 by MarketBeat.com Staff

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