NASDAQ:ENLT

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

$18.09
+0.76 (+4.39%)
(As of 05/8/2024 ET)
Today's Range
$17.78
$18.22
50-Day Range
$15.66
$17.76
52-Week Range
$12.11
$20.44
Volume
45,271 shs
Average Volume
44,552 shs
Market Capitalization
$2.09 billion
P/E Ratio
31.74
Dividend Yield
N/A
Price Target
$18.50

Enlight Renewable Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
2.3% Upside
$18.50 Price Target
Short Interest
Bearish
0.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.83mentions of Enlight Renewable Energy in the last 14 days
Based on 14 Articles This Week
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.

0.74 out of 5 stars

Oils/Energy Sector

225th out of 240 stocks

Electric Services Industry

40th 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

The Weight Loss Pill That Could Disrupt a $32 Billion Industry
A revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.
The Weight Loss Pill That Could Disrupt a $32 Billion Industry
A revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.
ENLT Enlight Renewable Energy Ltd
Clēnera Announces a Planned CEO Transition
See More Headlines
Receive ENLT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Enlight Renewable Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/26/2024
Today
5/08/2024
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
+2.1%
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
$1.22 per share
Book Value
$12.42 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.09 billion
Optionable
Optionable
Beta
1.68
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

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 equities research analysts have issued "buy," "hold," and "sell" ratings for Enlight Renewable Energy in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 target prices 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 share price to reach $18.50 in the next year. This suggests a possible upside of 2.3% 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 5.5% and is now trading at $18.09.
View the best growth stocks for 2024 here
.

Are investors shorting Enlight Renewable Energy?

Enlight Renewable Energy saw a increase in short interest in 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 volume of 46,600 shares, the short-interest ratio is presently 13.4 days. Currently, 0.6% of the shares of the 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 were Enlight Renewable Energy's earnings last quarter?

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

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 a variety of institutional and retail investors. Top institutional investors include Meitav Investment House Ltd. (5.25%), Harel Insurance Investments & Financial Services Ltd. (2.20%), Assenagon Asset Management S.A. (0.50%), Swiss National Bank (0.20%) and Capstone Investment Advisors LLC (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 5/8/2024 by MarketBeat.com Staff

From Our Partners