Enable Midstream Partners (ENBL) Posts Quarterly Earnings, Meets Expectations
Enable Midstream Partners (NASDAQ:ENBL) issued its quarterly earnings data on Thursday. The company reported $0.29 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.29, Analyst Ratings News reports.
Shares of Enable Midstream Partners (NASDAQ:ENBL) opened at 25.63 on Thursday. Enable Midstream Partners has a 52 week low of $21.00 and a 52 week high of $27.46. The stock’s 50-day moving average is $25.15 and its 200-day moving average is $24.62. The company has a market cap of $10.655 billion and a price-to-earnings ratio of 18.02.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, August 14th. Investors of record on Monday, August 4th will be given a dividend of $0.2464 per share. This represents a $0.99 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, July 31st.
ENBL has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Enable Midstream Partners in a research note on Wednesday. They now have a $28.00 price target on the stock, up previously from $27.00. On the ratings front, analysts at KeyCorp initiated coverage on shares of Enable Midstream Partners in a research note on Tuesday, June 24th. They set a “buy” rating and a $28.00 price target on the stock. Finally, analysts at Wells Fargo & Co. initiated coverage on shares of Enable Midstream Partners in a research note on Monday, June 23rd. They set a “market perform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Enable Midstream Partners has an average rating of “Hold” and an average target price of $26.33.
Enable Midstream Partners LP, owns, operates and develops natural gas and crude oil infrastructure assets.
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