FY2025 EPS Estimates for ENLC Raised by US Capital Advisors

EnLink Midstream, LLC (NYSE:ENLC) – Analysts at US Capital Advisors boosted their FY2025 EPS estimates for shares of EnLink Midstream in a research report issued to clients and investors on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings of $0.88 per share for the year, up from their previous forecast of $0.85. US Capital Advisors currently has a “Hold” rating on the stock. The consensus estimate for EnLink Midstream’s current full-year earnings is $0.51 per share. US Capital Advisors also issued estimates for EnLink Midstream’s FY2026 earnings at $1.05 EPS.

EnLink Midstream (NYSE:ENLC) last released its quarterly earnings results on Wednesday, November 6th. The pipeline company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.16). EnLink Midstream had a net margin of 1.96% and a return on equity of 9.51%. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the prior year, the company earned $0.10 earnings per share. The firm’s revenue for the quarter was down 7.9% compared to the same quarter last year.

Several other analysts also recently issued reports on the company. Raymond James downgraded EnLink Midstream from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Tudor, Pickering, Holt & Co. raised shares of EnLink Midstream from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Friday, August 16th. Mizuho reissued a “neutral” rating and issued a $15.00 price objective on shares of EnLink Midstream in a research report on Thursday, October 31st. Stifel Nicolaus downgraded shares of EnLink Midstream from a “buy” rating to a “hold” rating and set a $15.00 price objective on the stock. in a research note on Friday, August 30th. Finally, Capital One Financial reaffirmed an “equal weight” rating and issued a $16.00 target price on shares of EnLink Midstream in a research note on Tuesday, September 3rd. Ten investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $15.40.

EnLink Midstream Price Performance

ENLC stock opened at $16.01 on Thursday. The stock’s 50 day moving average price is $15.02 and its 200 day moving average price is $14.03. The firm has a market cap of $7.32 billion, a P/E ratio of 76.24 and a beta of 2.41. The company has a debt-to-equity ratio of 2.30, a quick ratio of 0.42 and a current ratio of 0.42. EnLink Midstream has a 1 year low of $11.53 and a 1 year high of $16.40.

EnLink Midstream Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Friday, November 1st were issued a $0.1325 dividend. This represents a $0.53 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date was Friday, November 1st. EnLink Midstream’s payout ratio is currently 252.38%.

Insider Buying and Selling at EnLink Midstream

In related news, major shareholder Infrastructure Investor Global sold 200,340,753 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $14.90, for a total transaction of $2,985,077,219.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.84% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. ORG Partners LLC purchased a new stake in shares of EnLink Midstream during the 2nd quarter valued at about $28,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of EnLink Midstream during the second quarter valued at approximately $56,000. Wilmington Savings Fund Society FSB acquired a new position in shares of EnLink Midstream during the third quarter worth $98,000. First Horizon Advisors Inc. boosted its stake in shares of EnLink Midstream by 12.5% in the second quarter. First Horizon Advisors Inc. now owns 7,702 shares of the pipeline company’s stock valued at $106,000 after purchasing an additional 853 shares during the period. Finally, Icon Wealth Advisors LLC acquired a new stake in EnLink Midstream during the 3rd quarter valued at $107,000. Institutional investors and hedge funds own 45.87% of the company’s stock.

EnLink Midstream Company Profile

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.