Enerplus Corp (TSE:ERF) (NYSE:ERF) – Capital One Financial issued their Q1 2018 earnings per share (EPS) estimates for Enerplus in a research report issued to clients and investors on Tuesday. Capital One Financial analyst B. Velie expects that the oil and natural gas company will post earnings per share of $0.29 for the quarter. Capital One Financial also issued estimates for Enerplus’ Q2 2018 earnings at $0.31 EPS and FY2018 earnings at $1.23 EPS.

Enerplus (TSE:ERF) (NYSE:ERF) last announced its quarterly earnings results on Thursday, November 9th. The oil and natural gas company reported C$0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.08 by C($0.01). Enerplus had a net margin of 8.23% and a return on equity of 4.05%.

Several other analysts also recently issued reports on ERF. TD Securities increased their price target on Enerplus from C$17.50 to C$18.50 and gave the company a “buy” rating in a report on Wednesday. Barclays increased their price target on Enerplus from C$16.00 to C$17.00 in a report on Wednesday. Raymond James Financial increased their price target on Enerplus from C$16.75 to C$18.25 and gave the company an “outperform” rating in a report on Wednesday. Scotiabank increased their price target on Enerplus from C$17.50 to C$18.50 and gave the company an “outperform” rating in a report on Wednesday. Finally, National Bank Financial raised their target price on Enerplus from C$15.00 to C$21.00 and gave the company an “outperform” rating in a research note on Tuesday, January 9th. Seven investment analysts have rated the stock with a buy rating, Enerplus presently has a consensus rating of “Buy” and a consensus target price of C$17.22.

Shares of Enerplus (ERF) opened at C$13.83 on Thursday. Enerplus has a twelve month low of C$8.97 and a twelve month high of C$13.92. The stock has a market capitalization of $3,350.00, a price-to-earnings ratio of 3.35 and a beta of 1.01.

The firm also recently announced a jan 18 dividend, which was paid on Monday, January 15th. Stockholders of record on Friday, December 29th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, December 28th. Enerplus’s dividend payout ratio is presently 2.91%.

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Enerplus Company Profile

Enerplus Corporation is an oil and natural gas company. The Company’s oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels (MMbbls) of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE).

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