News coverage about Enerplus (NYSE:ERF) (TSE:ERF) has trended somewhat positive recently, Accern reports. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Enerplus earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news articles about the oil and natural gas company an impact score of 46.9944488169966 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several brokerages have recently weighed in on ERF. AltaCorp Capital reaffirmed a “buy” rating and issued a $16.00 price target on shares of Enerplus in a research report on Monday, January 15th. Canaccord Genuity reaffirmed a “buy” rating and issued a $16.00 price target on shares of Enerplus in a research report on Thursday, November 9th. Zacks Investment Research raised shares of Enerplus from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research report on Monday, November 13th. Finally, CIBC assumed coverage on shares of Enerplus in a research report on Wednesday, October 18th. They issued a “sector outperform” rating for the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $14.40.
Enerplus (ERF) traded down $0.10 during trading hours on Friday, reaching $9.99. 1,490,000 shares of the company were exchanged, compared to its average volume of 1,410,000. Enerplus has a 12 month low of $6.52 and a 12 month high of $11.78. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.04 and a quick ratio of 2.04. The stock has a market capitalization of $2,440.00, a PE ratio of 3.04 and a beta of 1.46.
Enerplus (NYSE:ERF) (TSE:ERF) last posted its earnings results on Thursday, November 9th. The oil and natural gas company reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.01). Enerplus had a net margin of 121.44% and a return on equity of 14.21%. The firm had revenue of $129.08 million for the quarter, compared to analysts’ expectations of $153.09 million. equities analysts anticipate that Enerplus will post 0.77 earnings per share for the current fiscal year.
The company also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be given a dividend of $0.008 per share. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $0.10 dividend on an annualized basis and a yield of 0.96%. Enerplus’s payout ratio is 3.04%.
Enerplus Company Profile
Enerplus Corporation is an oil and natural gas company. The Company’s oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels (MMbbls) of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE).
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