Wall Street analysts expect that Enable Midstream Partners, LP (NYSE:ENBL) will post earnings of $0.21 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Enable Midstream Partners,’s earnings, with the lowest EPS estimate coming in at $0.19 and the highest estimate coming in at $0.23. Enable Midstream Partners, reported earnings per share of $0.26 during the same quarter last year, which would indicate a negative year-over-year growth rate of 19.2%. The business is expected to issue its next quarterly earnings results on Wednesday, November 1st.

According to Zacks, analysts expect that Enable Midstream Partners, will report full year earnings of $0.84 per share for the current fiscal year, with EPS estimates ranging from $0.79 to $0.88. For the next fiscal year, analysts anticipate that the business will report earnings of $0.86 per share, with EPS estimates ranging from $0.81 to $0.89. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover Enable Midstream Partners,.

Enable Midstream Partners, (NYSE:ENBL) last announced its earnings results on Tuesday, August 1st. The pipeline company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.04. Enable Midstream Partners, had a net margin of 15.20% and a return on equity of 5.19%. The company had revenue of $626.00 million during the quarter, compared to analyst estimates of $644.27 million. The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year.

A number of equities analysts have commented on ENBL shares. TheStreet raised shares of Enable Midstream Partners, from a “c” rating to a “b-” rating in a research note on Monday, June 5th. Zacks Investment Research raised shares of Enable Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Monday, July 17th. BidaskClub raised shares of Enable Midstream Partners, from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Royal Bank Of Canada reissued a “hold” rating and issued a $18.00 price objective on shares of Enable Midstream Partners, in a research note on Tuesday, June 6th. Finally, Citigroup Inc. reissued a “neutral” rating and issued a $16.25 price objective (up from $14.00) on shares of Enable Midstream Partners, in a research note on Thursday, June 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. Enable Midstream Partners, presently has a consensus rating of “Hold” and a consensus target price of $16.91.

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Shares of Enable Midstream Partners, (NYSE ENBL) traded down 0.41% on Friday, reaching $14.73. 127,523 shares of the company traded hands. The stock has a 50-day moving average price of $14.63 and a 200 day moving average price of $15.58. Enable Midstream Partners, has a 1-year low of $13.75 and a 1-year high of $17.36. The firm has a market capitalization of $6.37 billion, a P/E ratio of 17.47 and a beta of 1.97.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 29th. Investors of record on Tuesday, August 22nd were paid a dividend of $0.318 per share. The ex-dividend date was Friday, August 18th. This represents a $1.27 annualized dividend and a dividend yield of 8.64%. Enable Midstream Partners,’s dividend payout ratio (DPR) is presently 147.68%.

In related news, major shareholder Arclight Capital Partners, Llc sold 20,526 shares of the business’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $16.00, for a total transaction of $328,416.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sean Trauschke acquired 2,500 shares of Enable Midstream Partners, stock in a transaction that occurred on Thursday, August 24th. The shares were purchased at an average price of $14.05 per share, with a total value of $35,125.00. Following the purchase, the director now owns 5,000 shares in the company, valued at $70,250. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 29,601 shares of company stock valued at $473,667.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC raised its stake in shares of Enable Midstream Partners, by 0.3% during the 2nd quarter. SG Americas Securities LLC now owns 89,066 shares of the pipeline company’s stock worth $1,420,000 after acquiring an additional 250 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Enable Midstream Partners, by 0.7% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 44,480 shares of the pipeline company’s stock worth $742,000 after purchasing an additional 300 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Enable Midstream Partners, by 8.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,714 shares of the pipeline company’s stock worth $107,000 after purchasing an additional 497 shares during the last quarter. CNH Partners LLC grew its position in Enable Midstream Partners, by 1.2% during the 2nd quarter. CNH Partners LLC now owns 42,553 shares of the pipeline company’s stock worth $678,000 after purchasing an additional 500 shares during the last quarter. Finally, Conning Inc. grew its position in Enable Midstream Partners, by 0.6% during the 2nd quarter. Conning Inc. now owns 107,443 shares of the pipeline company’s stock worth $1,713,000 after purchasing an additional 590 shares during the last quarter. Hedge funds and other institutional investors own 18.04% of the company’s stock.

Enable Midstream Partners, Company Profile

Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. Its gathering and processing segment primarily provides natural gas and crude oil gathering and natural gas processing services to its producer customers.

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