Enerplus Corp (ERF) Declares Sep 14 Dividend of C$0.09
Enerplus Corp (TSE:ERF) declared a sep 14 dividend on Tuesday, August 26th, Stock Ratings Network.com reports. Shareholders of record on Friday, September 5th will be given a dividend of 0.09 per share on Friday, September 19th. The ex-dividend date of this dividend is Wednesday, September 3rd.
ERF has been the subject of a number of recent research reports. Analysts at CIBC raised their price target on shares of Enerplus Corp from C$30.00 to C$31.00 in a research note on Thursday, July 17th. They now have an “outperform” rating on the stock. On a related note, analysts at FirstEnergy Capital raised their price target on shares of Enerplus Corp from C$26.27 to C$30.00 in a research note on Thursday, June 19th. They now have an “outperform” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Enerplus Corp from C$28.00 to C$29.00 in a research note on Thursday, June 19th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of C$27.92.
Enerplus Corp (TSE:ERF) opened at 24.13 on Tuesday. Enerplus Corp has a one year low of $16.15 and a one year high of $27.05. The stock’s 50-day moving average is $24.9 and its 200-day moving average is $23.70. The company has a market cap of $4.952 billion and a P/E ratio of 46.10.
Enerplus Corp (TSE:ERF) last issued its quarterly earnings data on Friday, August 8th. The company reported $1.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.28 by $0.76. During the same quarter last year, the company posted $0.26 earnings per share. On average, analysts predict that Enerplus Corp will post $0.96 earnings per share for the current fiscal year.
Enerplus Corporation (TSE:ERF) is a North American crude oil and natural gas exploration and development company.
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