Enerplus Corporation (ERF) Forecast, Price Target & Analyst Ratings
NYSE:ERF • CA2927661025
20.09 USD
-0.1 (-0.5%)
At close: May 30, 2024
20.08 USD
-0.01 (-0.05%)
After Hours: 5/30/2024, 8:04:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Enerplus Corporation (ERF).
Forecast Snapshot
Consensus Price Target
$19.29
-3.99% Downside
Next Earnings Forecast
Release DateAug 7, 2024
PeriodQ2 / 2024
EPS Estimate$0.44
Revenue Estimate
ChartMill Buy Consensus
75.56%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$19.29
Upside
-3.99%
From current price of $20.09 to mean target of $19.29, Based on 9 analyst forecasts
Low
$14.95
Median
$20.00
High
$24.87
Price Target Revisions
1 Month
1.23%
3 Months
6.75%
Price Target Summary
9 analysts have analysed ERF and the average price target is 19.29 USD. This implies a price decrease of -3.99% is expected in the next year compared to the current price of 20.09.
The average price target has been revised upward by 6.75% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
75.56%
ERF was analyzed by 9 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about ERF.
In the previous month the buy percentage consensus was at a similar level.
ERF was analyzed by 9 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-04-29 | RBC Capital | Downgrade | Outperform -> Sector Perform |
| 2024-02-22 | TD Securities | Downgrade | Buy -> Tender |
| 2023-11-06 | RBC Capital | Maintains | Outperform -> Outperform |
| 2023-09-29 | RBC Capital | Maintains | Outperform -> Outperform |
| 2023-08-10 | BMO Capital | Maintains | Outperform -> Outperform |
| 2023-06-20 | RBC Capital | Reiterate | Outperform -> Outperform |
| 2023-05-08 | RBC Capital | Reiterate | Outperform |
| 2022-11-07 | RBC Capital | Maintains | Outperform |
| 2022-05-09 | RBC Capital | Maintains | Outperform |
| 2022-01-13 | ScotiaBank | Downgrade | Sector Outperform -> Sector Perform |
| 2021-08-09 | RBC Capital | Initiate | Outperform |
| 2021-08-06 | Tudor Pickering | Initiate | Buy |
| 2021-08-06 | National Bank Financial | Downgrade | Outperform |
| 2021-08-06 | CIBC World Markets | Initiate | Outperform |
| 2021-07-15 | Sbank | Upgrade | |
| 2021-07-14 | CIBC World Markets | Upgrade | |
| 2021-06-30 | Raymond James Financial | Upgrade | Outperform |
| 2021-06-21 | BMO Capital Markets | Upgrade | |
| 2021-06-17 | National Bank Financial | Upgrade | Outperform |
| 2021-06-09 | Sbank | Downgrade | Outperform -> Sector Perform |
| 2021-05-25 | CIBC World Markets | Maintains | Outperform |
| 2021-05-14 | National Bank Financial | Downgrade | Outperform |
| 2021-05-10 | RBC Capital | Upgrade | Outperform |
| 2021-05-10 | Raymond James Financial | Upgrade | Outperform |
| 2021-05-07 | Tudor Pickering | Upgrade | Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateAug 7, 2024
PeriodQ2 / 2024
EPS Estimate$0.44
Revenue EstimateN/A
Revenue Q2QN/A
EPS Q2Q30.86%
Number of Analysts3
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
-9.47%
EPS (3 Months)
10.00%
Next Earnings Summary
ERF is expected to report earnings on 8/7/2024. The consensus EPS estimate for the next earnings is 0.44 USD and the consensus revenue estimate is null USD.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.483B 101.11% | 2.353B 58.74% | 1.663B -29.33% | 1.675B 0.72% | 1.835B 9.55% | N/A | 1.957B | 2.009B 2.66% | |
| EBITDA YoY % growth | 905.56M 298.05% | 1.597B 76.40% | 931.265M -41.70% | 915.7M -1.67% | 969.33M 5.86% | 1.306B 34.73% | N/A | N/A | |
| EBIT YoY % growth | 634.224M 1,065.33% | 1.288B 103.09% | 553.77M -57.01% | 628.22M 13.44% | 493.89M -21.38% | N/A | N/A | N/A | |
| Operating Margin | 42.78% | 54.73% | 33.30% | 37.51% | 26.91% | N/A | N/A | N/A | |
| EPS YoY % growth | 1.12 169.38% | 3.29 194.42% | 2.10 -36.16% | 2.70 28.69% | 2.98 10.28% | N/A | N/A | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|
| EPS Q2Q % growth | 0.44 30.86% | 0.49 -16.12% | 0.59 7.98% |
| Revenue Q2Q % growth | N/A | N/A | N/A |
| EBITDA Q2Q % growth | 224.22M -16.00% | 248.46M -44.77% | 230.28M -54.14% |
| EBIT Q2Q % growth | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
N/A
Revenue Next 5 Year
4.12%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
38.47%
EBIT Next 5 Year
N/A
Enerplus Corporation / ERF Forecast FAQ
What is the price target for ERF stock?
9 analysts have analysed ERF and the average price target is 19.29 USD. This implies a price decrease of -3.99% is expected in the next year compared to the current price of 20.09.
What is the next earnings date for ERF stock?
Enerplus Corporation (ERF) will report earnings on 2024-08-07, after the market close.
What is the consensus rating for ERF stock?
The consensus rating for Enerplus Corporation (ERF) is 75.5556 / 100 . This indicates that analysts generally have a positive outlook on the stock.