US Capital Advisors Comments on ENLC FY2025 Earnings

EnLink Midstream, LLC (NYSE:ENLC) – Equities researchers at US Capital Advisors lifted their FY2025 earnings per share (EPS) estimates for shares of EnLink Midstream in a report issued on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will earn $0.88 per share for the year, up from their prior forecast of $0.85. US Capital Advisors currently has a “Hold” rating on the stock. The consensus estimate for EnLink Midstream’s current full-year earnings is $0.51 per share. US Capital Advisors also issued estimates for EnLink Midstream’s FY2026 earnings at $1.05 EPS.

ENLC has been the topic of a number of other research reports. Tudor Pickering raised EnLink Midstream to a “strong-buy” rating in a report on Friday, August 16th. Tudor, Pickering, Holt & Co. raised shares of EnLink Midstream from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Friday, August 16th. UBS Group cut shares of EnLink Midstream from a “buy” rating to a “neutral” rating and set a $16.00 target price on the stock. in a report on Monday, September 30th. Wells Fargo & Company lowered shares of EnLink Midstream from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $16.00 to $15.00 in a report on Friday, August 30th. Finally, Mizuho reiterated a “neutral” rating and set a $15.00 price objective on shares of EnLink Midstream in a research note on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $15.40.

EnLink Midstream Stock Performance

Shares of EnLink Midstream stock opened at $16.01 on Thursday. The company has a debt-to-equity ratio of 2.30, a quick ratio of 0.42 and a current ratio of 0.42. EnLink Midstream has a 1 year low of $11.53 and a 1 year high of $16.40. The firm’s 50-day simple moving average is $15.02 and its 200-day simple moving average is $14.03. The firm has a market cap of $7.32 billion, a PE ratio of 76.24 and a beta of 2.41.

EnLink Midstream (NYSE:ENLC) last posted its quarterly earnings results on Wednesday, November 6th. The pipeline company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.16). The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.98 billion. EnLink Midstream had a net margin of 1.96% and a return on equity of 9.51%. The company’s revenue was down 7.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.10 earnings per share.

EnLink Midstream Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Friday, November 1st were given a dividend of $0.1325 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.53 dividend on an annualized basis and a yield of 3.31%. EnLink Midstream’s dividend payout ratio (DPR) is presently 252.38%.

Insider Transactions at EnLink Midstream

In other news, major shareholder Infrastructure Investor Global sold 200,340,753 shares of the stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $14.90, for a total value of $2,985,077,219.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.84% of the company’s stock.

Institutional Investors Weigh In On EnLink Midstream

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ENLC. ORG Partners LLC bought a new position in EnLink Midstream during the 2nd quarter valued at $28,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of EnLink Midstream in the second quarter valued at $56,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of EnLink Midstream in the third quarter valued at $98,000. Icon Wealth Advisors LLC bought a new position in EnLink Midstream during the third quarter valued at about $107,000. Finally, First Horizon Advisors Inc. grew its holdings in EnLink Midstream by 12.5% during the second quarter. First Horizon Advisors Inc. now owns 7,702 shares of the pipeline company’s stock worth $106,000 after acquiring an additional 853 shares during the period. Institutional investors own 45.87% of the company’s stock.

About EnLink Midstream

EnLink Midstream, LLC provides midstream energy services in the United States. The company operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. It is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services.