Enel Chile (ENIC) Stock Price, News & Analysis

Company Overview

Enel Chile S.A., 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. It distributes electricity in various municipalities of the Santiago metropolitan region. The company also engages in the sale and transportation of natural gas, and provision of engineering consulting services. It serves residential, commercial, industrial, and other customers. The company was formerly known as Enersis Chile S.A. and changed its name to Enel Chile S.A. in October 2016. The company was incorporated in 2016 and is headquartered in Santiago, Chile. Enel Chile S.A. (SNSE:ENELCHILE) operates as a subsidiary of Enel SpA (BIT:ENEL).

Key Stats

• Today's Range: $2.72 to $2.75
• 50-Day Range: $2.62 to $2.85
• 52-Week Range: $2.51 to $3.53
• Volume: 63,525 shs
• Average Volume: 481,216 shs
• Market Capitalization: $3.80 billion
• P/E Ratio: 4.51
• Dividend Yield: 7.64%
• Price Target: $3.90
• Consensus Rating: Hold

Enel Chile Stock Analysis - MarketRank™

Enel Chile scored higher than 76% of companies evaluated by MarketBeat, and ranked 51st out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Enel Chile has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Enel Chile has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -36.11%

Earnings Growth

Earnings for Enel Chile are expected to decrease by -36.11% in the coming year, from $0.36 to $0.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Enel Chile is 4.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of Enel Chile is 4.49, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 98.22.

Price to Book Value per Share Ratio

Enel Chile has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.06% of the outstanding shares of Enel Chile have been sold short.

Short Interest Ratio / Days to Cover

Enel Chile has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Enel Chile has recently decreased by 20.78%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Enel Chile is a leading dividend payer. It pays a dividend yield of 7.65%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Enel Chile does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Enel Chile is 34.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, Enel Chile will have a dividend payout ratio of 91.30% in the coming year. This indicates that Enel Chile may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.06% of the outstanding shares of Enel Chile have been sold short.

Short Interest Ratio / Days to Cover

Enel Chile has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Enel Chile has recently decreased by 20.78%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.50

News Sentiment

Enel Chile has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Enel Chile this week, compared to 1 article on an average week.

Search Interest

Only 2 people have searched for ENIC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

5 people have added Enel Chile to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Enel Chile insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 3.20% of the stock of Enel Chile is held by institutions.

ENIC Stock Analysis - Frequently Asked Questions

How have ENIC shares performed this year?

Enel Chile's stock was trading at $3.24 at the beginning of 2024. Since then, ENIC shares have decreased by 15.4% and is now trading at $2.74.
View the best growth stocks for 2024 here.

Does Enel Chile have any subsidiaries?

Enel Chile subsidiaries include Enel Distribution Sao Paulo, Tynemouth Energy Storage LTD, 25 Mile Creek Windfarm LLC, 400 Manley Solar LLC, 4814 Investments LLC, ABC Solar 11 SpA, ABC Solar 3 SpA, and more.

Who are Enel Chile's major shareholders?

Top institutional shareholders of Enel Chile include State Street Corp (0.21%), Citigroup Inc. (0.18%), The Manufacturers Life Insurance Company (0.09%) and Zurcher Kantonalbank Zurich Cantonalbank (0.03%).

How do I buy shares of Enel Chile?

Shares of ENIC 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.

What other stocks do shareholders of Enel Chile own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Enel Chile investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Jabil (JBL), Novo Nordisk A/S (NVO) and e.l.f. Beauty (ELF).

Company Calendar

• Today: 12/03/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric services
• Sub-Industry: Utilities
• Current Symbol: NYSE:ENIC
• CUSIP: N/A
• CIK: 1659939
• Web: www.enel.cl
• Phone: (562) 353-4400
• Fax: N/A
• Employees: 2,077
• Year Founded: 1962

Price Target and Rating

• Average Stock Price Target: $3.90
• High Stock Price Target: $3.90
• Low Stock Price Target: $3.90
• Potential Upside/Downside: +42.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.61
• Trailing P/E Ratio: 4.49
• Forward P/E Ratio: 7.61
• P/E Growth: N/A
• Net Income: $760.15 million
• Net Margins: 17.33%
• Pretax Margin: 25.55%
• Return on Equity: 15.48%
• Return on Assets: 6.15%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.16
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: $5.23 billion
• Price / Sales: 0.72
• Cash Flow: $0.55 per share
• Price / Cash Flow: 4.97
• Book Value: $4.13 per share
• Price / Book: 0.66

Miscellaneous

• Outstanding Shares: 1,383,330,000
• Free Float: N/A
• Market Cap: $3.79 billion
• Optionable: Optionable
• Beta: 1.16