Enerplus Corporation (ERF)
NYSE: ERF · IEX Real-Time Price · USD
20.44
+0.12 (0.59%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Enerplus Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Enerplus stock have an average target of 20.95, with a low estimate of 18.85 and a high estimate of 22. The average target predicts an increase of 2.50% from the current stock price of 20.44.
Analyst Consensus: Buy
* Price targets were last updated on Feb 22, 2024.
Analyst Ratings
The average analyst rating for Enerplus stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Securities | TD Securities | Strong Buy → Hold Downgrades $21 → $19 | Strong Buy → Hold | Downgrades | $21 → $19 | -7.78% | Feb 22, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $21 → $22 | Buy | Maintains | $21 → $22 | +7.63% | Nov 6, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $19 → $21 | Buy | Maintains | $19 → $21 | +2.74% | Sep 29, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $20 → $22 | Buy | Maintains | $20 → $22 | +7.63% | Aug 10, 2023 |
| RBC Capital | RBC Capital | Buy Reiterates $20 | Buy | Reiterates | $20 | -2.15% | Jun 20, 2023 |
Financial Forecast
Revenue This Year
1.68B
from 1.69B
Decreased by -1.14%
Revenue Next Year
1.84B
from 1.68B
Increased by 9.55%
EPS This Year
3.02
from 2.09
Increased by 44.70%
EPS Next Year
3.61
from 3.02
Increased by 19.34%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.7B | 1.9B |
| Avg | 1.7B | 1.8B |
| Low | 1.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 2.8% | 13.9% |
| Avg | -1.1% | 9.6% |
| Low | -4.1% | 6.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.75 | 4.99 |
| Avg | 3.02 | 3.61 |
| Low | 1.98 | 2.35 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 127.1% | 64.9% |
| Avg | 44.7% | 19.3% |
| Low | -5.1% | -22.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.