Enable Midstream Partners Given Consensus Rating of “Hold” by Analysts (NASDAQ:ENBL)
Shares of Enable Midstream Partners (NASDAQ:ENBL) have earned an average recommendation of “Hold” from the eight brokerages that are currently covering the company, Stock Ratings Network reports. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $26.33.
A number of research firms have recently commented on ENBL. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Enable Midstream Partners in a research note on Wednesday, August 6th. They now have a $28.00 price target on the stock, up previously from $27.00. Separately, 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.
Shares of Enable Midstream Partners (NASDAQ:ENBL) opened at 25.83 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 $25.29 and its 200-day moving average is $24.65. The company has a market cap of $10.907 billion and a price-to-earnings ratio of 16.73.
Enable Midstream Partners (NASDAQ:ENBL) last released its earnings data on Thursday, August 7th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.29. Analysts expect that Enable Midstream Partners will post $1.22 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, August 14th. Shareholders 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 3.82%. The ex-dividend date of this dividend is Thursday, July 31st.
Enable Midstream Partners LP, owns, operates and develops natural gas and crude oil infrastructure assets.
Receive News & Ratings for Enable Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enable Midstream Partners LP and related companies with Analyst Ratings Network's FREE daily email newsletter.