Enerplus Corp (TSE:ERF) (NYSE:ERF) – Research analysts at Capital One Financial Corporation dropped their Q3 2017 earnings estimates for shares of Enerplus Corp in a research report issued on Monday. Capital One Financial Corporation analyst B. Velie now anticipates that the oil and natural gas company will earn $0.12 per share for the quarter, down from their previous estimate of $0.14. Capital One Financial Corporation has a “Overweight” rating on the stock. Capital One Financial Corporation also issued estimates for Enerplus Corp’s Q4 2017 earnings at $0.13 EPS.

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Several other research firms have also recently issued reports on ERF. TD Securities upped their target price on shares of Enerplus Corp from C$13.00 to C$15.00 in a research note on Monday. Raymond James Financial, Inc. upped their target price on shares of Enerplus Corp from C$13.50 to C$14.25 and gave the company an “outperform” rating in a research note on Monday. Barclays PLC upped their target price on shares of Enerplus Corp from C$14.00 to C$15.00 in a research note on Monday. Scotiabank upped their target price on shares of Enerplus Corp from C$16.50 to C$17.50 and gave the company an “outperform” rating in a research note on Monday, May 15th. Finally, Royal Bank Of Canada upped their target price on shares of Enerplus Corp from C$13.00 to C$14.00 and gave the company an “outperform” rating in a research note on Monday, May 15th. Ten equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of C$15.25.

Shares of Enerplus Corp (TSE:ERF) opened at 11.36 on Wednesday. Enerplus Corp has a 12 month low of $7.43 and a 12 month high of $13.55. The company has a market cap of $2.75 billion and a price-to-earnings ratio of 4.23. The firm has a 50-day moving average of $10.88 and a 200 day moving average of $10.93.

The firm also recently disclosed a aug 17 dividend, which was paid on Tuesday, August 15th. Stockholders of record on Monday, July 31st were paid a $0.01 dividend. This represents a dividend yield of 1.06%. The ex-dividend date of this dividend was Thursday, July 27th.

Enerplus Corp Company Profile

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company’s oil and natural gas properties are located primarily in North Dakota, Montana, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan.

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