EnLink Midstream, LLC (NYSE:ENLC) Expected to Earn Q1 2025 Earnings of $0.22 Per Share

EnLink Midstream, LLC (NYSE:ENLC) – Equities research analysts at US Capital Advisors lifted their Q1 2025 earnings per share (EPS) estimates for shares of EnLink Midstream in a report issued on Tuesday, May 21st. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings per share of $0.22 for the quarter, up from their prior forecast of $0.21. The consensus estimate for EnLink Midstream’s current full-year earnings is $0.55 per share. US Capital Advisors also issued estimates for EnLink Midstream’s Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.26 EPS, FY2025 earnings at $0.87 EPS and FY2026 earnings at $1.01 EPS.

EnLink Midstream (NYSE:ENLC) last released its earnings results on Tuesday, April 30th. The pipeline company reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.79 billion. EnLink Midstream had a return on equity of 8.58% and a net margin of 2.40%.

A number of other research analysts have also recently commented on the company. Capital One Financial assumed coverage on EnLink Midstream in a research note on Friday, March 22nd. They issued an “overweight” rating and a $15.00 target price for the company. StockNews.com cut EnLink Midstream from a “buy” rating to a “hold” rating in a research note on Wednesday, May 8th. JPMorgan Chase & Co. lowered their price objective on EnLink Midstream from $15.00 to $14.00 and set a “neutral” rating for the company in a research note on Thursday, February 29th. Finally, Citigroup lifted their price objective on EnLink Midstream from $13.00 to $16.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, EnLink Midstream presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.33.

EnLink Midstream Trading Up 0.5 %

ENLC opened at $12.92 on Thursday. The stock has a market cap of $5.83 billion, a PE ratio of 36.92 and a beta of 2.39. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.76. The business has a 50 day moving average of $13.45 and a 200-day moving average of $12.79. EnLink Midstream has a 52 week low of $9.52 and a 52 week high of $14.18.

Institutional Trading of EnLink Midstream

Large investors have recently modified their holdings of the company. Kayne Anderson Capital Advisors LP grew its holdings in shares of EnLink Midstream by 6.4% in the fourth quarter. Kayne Anderson Capital Advisors LP now owns 1,860,400 shares of the pipeline company’s stock worth $22,622,000 after acquiring an additional 111,300 shares during the period. Alps Advisors Inc. grew its holdings in EnLink Midstream by 11.0% during the third quarter. Alps Advisors Inc. now owns 42,389,633 shares of the pipeline company’s stock valued at $518,001,000 after purchasing an additional 4,200,733 shares during the period. Hodges Capital Management Inc. bought a new stake in EnLink Midstream during the third quarter valued at about $3,246,000. TCG Advisory Services LLC bought a new stake in EnLink Midstream during the fourth quarter valued at about $2,991,000. Finally, UBS Group AG grew its holdings in EnLink Midstream by 22.9% during the third quarter. UBS Group AG now owns 1,542,356 shares of the pipeline company’s stock valued at $18,848,000 after purchasing an additional 287,400 shares during the period. Institutional investors own 45.87% of the company’s stock.

Insider Transactions at EnLink Midstream

In other news, CFO Benjamin D. Lamb sold 250,552 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $12.08, for a total value of $3,026,668.16. Following the completion of the transaction, the chief financial officer now owns 534,000 shares in the company, valued at $6,450,720. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.84% of the company’s stock.

EnLink Midstream Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 14th. Stockholders of record on Friday, April 26th were paid a $0.132 dividend. This represents a $0.53 annualized dividend and a dividend yield of 4.09%. The ex-dividend date of this dividend was Thursday, April 25th. EnLink Midstream’s dividend payout ratio is currently 151.43%.

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.