Enel Chile S.A. (NYSE:ENIC - Free Report) - Scotiabank boosted their FY2025 earnings per share (EPS) estimates for Enel Chile in a report released on Wednesday, January 8th. Scotiabank analyst T. Gonzalez now forecasts that the utilities provider will earn $0.34 per share for the year, up from their previous forecast of $0.23. Scotiabank currently has a "Sector Perform" rating and a $3.90 target price on the stock. The consensus estimate for Enel Chile's current full-year earnings is $0.36 per share.
Enel Chile Stock Performance
Shares of ENIC opened at $2.88 on Monday. The stock has a market capitalization of $3.98 billion, a P/E ratio of 4.72 and a beta of 1.11. Enel Chile has a 1 year low of $2.51 and a 1 year high of $3.24. The company's fifty day moving average is $2.81 and its two-hundred day moving average is $2.78.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. State Street Corp increased its position in Enel Chile by 0.6% during the 3rd quarter. State Street Corp now owns 2,933,466 shares of the utilities provider's stock worth $8,184,000 after purchasing an additional 18,334 shares during the period. Renaissance Technologies LLC grew its holdings in Enel Chile by 1.0% during the second quarter. Renaissance Technologies LLC now owns 2,432,488 shares of the utilities provider's stock worth $6,811,000 after acquiring an additional 24,900 shares during the period. JPMorgan Chase & Co. raised its position in Enel Chile by 1.9% in the third quarter. JPMorgan Chase & Co. now owns 805,213 shares of the utilities provider's stock worth $2,247,000 after acquiring an additional 15,250 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Enel Chile by 5.7% in the second quarter. Dimensional Fund Advisors LP now owns 527,097 shares of the utilities provider's stock valued at $1,476,000 after acquiring an additional 28,252 shares during the period. Finally, Walleye Capital LLC acquired a new position in shares of Enel Chile during the 3rd quarter worth $1,023,000. 3.20% of the stock is currently owned by institutional investors and hedge funds.
About Enel Chile
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Enel Chile SA, an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation, and Distribution and Networks Segments. It generates electricity through various sources, such as hydroelectric, thermal, wind, solar, and geothermal power plants.
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