NYSE:ENLC EnLink Midstream (ENLC) Stock Price, News & Analysis $14.16 -0.15 (-1.05%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$14.04▼$14.4050-Day Range$11.90▼$14.4052-Week Range$11.44▼$14.80Volume1.75 million shsAverage Volume2.11 million shsMarket Capitalization$6.39 billionP/E Ratio40.46Dividend Yield3.74%Price Target$15.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get EnLink Midstream alerts: Email Address EnLink Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside7.3% Upside$15.20 Price TargetShort InterestHealthy3.31% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.03Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth18.64%From $0.59 to $0.70 Per ShareSee Full Details Hide Full Details 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.2.58 out of 5 starsOils/Energy Sector168th out of 239 stocksNatural Gas Transmission Industry12th out of 18 stocks 2.3 Analyst's Opinion Consensus RatingEnLink Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageEnLink Midstream has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about EnLink Midstream's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.31% of the float of EnLink Midstream has been sold short.Short Interest Ratio / Days to CoverEnLink Midstream has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in EnLink Midstream has recently increased by 2.86%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipEnLink Midstream is a leading dividend payer. It pays a dividend yield of 3.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnLink Midstream does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of EnLink Midstream is 151.43%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, EnLink Midstream will have a dividend payout ratio of 75.71% in the coming year. This indicates that EnLink Midstream may not be able to sustain their current dividend.Read more about EnLink Midstream's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENLC. Previous Next 2.2 News and Social Media Coverage News SentimentEnLink Midstream has a news sentiment score of 0.03. 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 is a lower news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for EnLink Midstream this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for ENLC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows1 people have added EnLink Midstream to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EnLink Midstream insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.84% of the stock of EnLink Midstream is held by insiders.Percentage Held by Institutions45.87% of the stock of EnLink Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about EnLink Midstream's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for EnLink Midstream are expected to grow by 18.64% in the coming year, from $0.59 to $0.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EnLink Midstream is 40.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of EnLink Midstream is 40.46, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.63.Price to Book Value per Share RatioEnLink Midstream has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about EnLink Midstream's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” About EnLink Midstream Stock (NYSE:ENLC)EnLink Midstream, LLC provides midstream energy services in the United States. The company operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. It is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. In addition, the company's midstream energy asset network includes natural gas processing plants; fractionators; barge and rail terminals; product storage facilities; and brine disposal wells. EnLink Midstream, LLC was incorporated in 2013 and is based in Dallas, Texas.Read More ENLC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ENLC Stock News HeadlinesSeptember 5 at 1:31 AM | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Rating Reiterated by Capital One FinancialSeptember 4 at 1:47 AM | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Rating Lowered to Hold at StockNews.comSeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…September 3, 2024 | au.finance.yahoo.comENLC Sep 2024 13.000 putSeptember 3, 2024 | au.finance.yahoo.comENLC Jan 2025 15.000 callSeptember 3, 2024 | markets.businessinsider.comEnLink Midstream (ENLC) was downgraded to a Hold Rating at Stifel NicolausSeptember 2, 2024 | americanbankingnews.comEnLink Midstream, LLC (NYSE:ENLC) Receives Consensus Rating of "Moderate Buy" from AnalystsSeptember 1, 2024 | msn.comStifel Downgrades EnLink Midstream (ENLC)September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 31, 2024 | msn.comWells Fargo Downgrades EnLink Midstream (ENLC)August 31, 2024 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Lowered to Equal Weight at Wells Fargo & CompanyAugust 30, 2024 | wsj.comEnLink Midstream LLCAugust 30, 2024 | americanbankingnews.comEnLink Midstream (NYSE:ENLC) Downgraded by Stifel Nicolaus to "Hold"August 30, 2024 | americanbankingnews.comEnLink Midstream's (ENLC) "Sector Perform" Rating Reaffirmed at Royal Bank of CanadaAugust 30, 2024 | seekingalpha.comONEOK Consolidating Again: Buying GIP's Stakes In EnLink, MedallionAugust 29, 2024 | marketwatch.comEnLink Midstream Shares Climb on ONEOK StakeAugust 29, 2024 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At EnLink Midstream (NYSE:ENLC)August 29, 2024 | bizjournals.comOneok to acquire Medallion Midstream, control of EnLink Midstream for $6 billionSee More Headlines Receive ENLC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EnLink Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 8/14 Dividend8/02/2024Last Earnings8/06/2024Dividend Payable8/14/2024Today9/07/2024Next Earnings (Estimated)10/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryUtilities Current SymbolNYSE:ENLC CUSIPN/A CIK1592000 Webwww.enlink.com Phone(214) 953-9500Fax214-953-9501Employees1,072Year FoundedN/APrice Target and Rating Average Stock Price Target$15.20 High Stock Price Target$16.00 Low Stock Price Target$14.00 Potential Upside/Downside+7.3%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.35 Trailing P/E Ratio40.46 Forward P/E Ratio24.00 P/E GrowthN/ANet Income$206.20 million Net Margins2.15% Pretax Margin4.73% Return on Equity8.22% Return on Assets2.57% Debt Debt-to-Equity Ratio1.72 Current Ratio0.65 Quick Ratio0.65 Sales & Book Value Annual Sales$6.90 billion Price / Sales0.95 Cash Flow$1.95 per share Price / Cash Flow7.28 Book Value$5.33 per share Price / Book2.66Miscellaneous Outstanding Shares461,450,000Free Float447,513,000Market Cap$6.53 billion OptionableOptionable Beta2.40 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Jesse Arenivas (Age 50)CEO & Director of Enlink Midstream Manager LLC Comp: $1.96MMr. Benjamin D. Lamb (Age 44)Executive VP & CFO of EnLink Midstream Manager, LLC Comp: $1.9MMr. Walter Pinto (Age 62)Executive VP & COO of EnLink Midstream Manager, LLC Comp: $1.32MMr. Adam S. Forman (Age 55)Executive VP, General Counsel & Secretary Comp: $834.82kMr. Dilanka SeimonExecutive VP & Chief Commercial OfficerMr. Jan Philipp Rossbach (Age 42)VP & Chief Accounting Officer Mr. Brian Joseph Brungardt Jr.C.F.A., Director of Investor RelationsMs. Jill McMillan-MelottVice President of Strategic Relations & Public AffairsMr. Justin GriffinSenior Vice President of Business & Corporate DevelopmentMs. Rhonda L. PriceSenior Vice President of Human Resources - Enlink Midstream Manager LLCMore ExecutivesKey CompetitorsCheniere Energy PartnersNYSE:CQPFortisNYSE:FTSCentrais Elétricas Brasileiras S.A. - EletrobrásNYSE:EBRAlliant EnergyNASDAQ:LNTWestern Midstream PartnersNYSE:WESView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 27,669 shares on 9/5/2024Ownership: 0.006%Cetera Investment AdvisersSold 1,269 shares on 8/22/2024Ownership: 0.028%Point72 Asset Management L.P.Sold 189,023 shares on 8/19/2024Ownership: 0.124%B. Riley Wealth Advisors Inc.Sold 18,098 shares on 8/19/2024Ownership: 0.011%Sunbelt Securities Inc.Bought 1,511 shares on 8/16/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions ENLC Stock Analysis - Frequently Asked Questions How have ENLC shares performed this year? EnLink Midstream's stock was trading at $12.16 at the beginning of the year. Since then, ENLC stock has increased by 16.4% and is now trading at $14.16. View the best growth stocks for 2024 here. How were EnLink Midstream's earnings last quarter? EnLink Midstream, LLC (NYSE:ENLC) released its quarterly earnings data on Tuesday, August, 6th. The pipeline company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.06. The company's revenue was up 1.4% on a year-over-year basis. What is Barry Davis' approval rating as EnLink Midstream's CEO? 18 employees have rated EnLink Midstream Chief Executive Officer Barry Davis on Glassdoor.com. Barry Davis has an approval rating of 43% among the company's employees. This puts Barry Davis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are EnLink Midstream's major shareholders? Top institutional shareholders of EnLink Midstream include Chickasaw Capital Management LLC (3.24%), Tortoise Capital Advisors L.L.C. (3.19%), Dimensional Fund Advisors LP (1.51%) and Hennessy Advisors Inc. (0.55%). Insiders that own company stock include Benjamin D Lamb, Alaina K Brooks, Kyle D Vann and Jan Philipp Rossbach. View institutional ownership trends. How do I buy shares of EnLink Midstream? Shares of ENLC 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 EnLink Midstream own? Based on aggregate information from My MarketBeat watchlists, some other companies that EnLink Midstream investors own include Golar LNG Partners (GMLP), Washington Prime Group (WPG), Pennsylvania Real Estate Investment Trust (PEI), DHT (DHT), New Residential Investment (NRZ) and CNBX Pharmaceuticals (CNBX). 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