Enerplus Corp (ERF) Plans Jun 14 Dividend of C$0.09
Enerplus Corp (TSE:ERF) declared a jun 14 dividend on Friday, May 23rd, Stock Ratings News reports. Stockholders of record on Thursday, June 5th will be given a dividend of 0.09 per share on Friday, June 20th. The ex-dividend date of this dividend is Tuesday, June 3rd.
A number of analysts have recently weighed in on ERF shares. Analysts at TD Securities raised their price target on shares of Enerplus Corp from C$27.00 to C$28.00 in a research note on Monday, May 12th. On a related note, analysts at National Bank Financial raised their price target on shares of Enerplus Corp from C$25.00 to C$27.00 in a research note on Monday, May 12th. Finally, analysts at CIBC raised their price target on shares of Enerplus Corp from C$26.00 to C$27.50 in a research note on Tuesday, April 15th. They now have an “outperform” rating on the stock. Seven research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus target price of C$25.03.
Shares of Enerplus Corp (TSE:ERF) opened at 23.62 on Friday. Enerplus Corp has a one year low of $14.30 and a one year high of $24.79. The stock has a 50-day moving average of $23.49 and a 200-day moving average of $21.00. The company has a P/E ratio of 98.75.
Enerplus Corp (TSE:ERF) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.33 by $0.14.
Enerplus Corporation (TSE:ERF) is a North American crude oil and natural gas exploration and development company.
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