Encana Corp (TSE:ECA) (NYSE:ECA) – Equities research analysts at Cormark reduced their Q3 2017 earnings per share estimates for shares of Encana Corp in a report issued on Monday. Cormark analyst A. Arif now forecasts that the company will post earnings of $0.08 per share for the quarter, down from their previous estimate of $0.09. Cormark also issued estimates for Encana Corp’s Q4 2017 earnings at $0.16 EPS and FY2019 earnings at $1.19 EPS.

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A number of other brokerages have also weighed in on ECA. Scotiabank restated an “underperform” rating and issued a C$18.00 price objective on shares of Encana Corp in a report on Wednesday, May 3rd. TD Securities reiterated a “hold” rating and set a C$18.00 price target on shares of Encana Corp in a research note on Wednesday, May 3rd. BMO Capital Markets reiterated an “outperform” rating and set a C$13.00 price target on shares of Encana Corp in a research note on Wednesday, June 21st. Raymond James Financial, Inc. lifted their price target on shares of Encana Corp to C$19.00 and gave the stock a “strong-buy” rating in a research note on Monday. Finally, Royal Bank Of Canada lifted their price target on shares of Encana Corp to C$16.25 and gave the stock an “outperform” rating in a research note on Monday. One analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Encana Corp currently has an average rating of “Buy” and a consensus target price of C$16.35.

Shares of Encana Corp (TSE:ECA) opened at 12.42 on Tuesday. The stock’s 50 day moving average is $11.77 and its 200-day moving average is $14.52. Encana Corp has a one year low of $9.94 and a one year high of $18.13. The stock has a market capitalization of $12.08 billion and a price-to-earnings ratio of 14.80.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a dividend of $0.015 per share. The ex-dividend date is Thursday, September 14th. This represents a $0.06 annualized dividend and a yield of 0.48%.

About Encana Corp

Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. The Company’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America.

Earnings History and Estimates for Encana Corp (TSE:ECA)

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