Enerplus Corp (TSE:ERF) (NYSE:ERF) declared a oct 19 dividend on Thursday, September 19th, RTT News reports. Shareholders of record on Monday, September 30th will be given a dividend of 0.01 per share by the oil and natural gas company on Tuesday, October 15th. The ex-dividend date is Friday, September 27th.

Shares of Enerplus stock opened at C$10.76 on Friday. The stock has a market cap of $2.48 billion and a price-to-earnings ratio of 5.94. The company has a debt-to-equity ratio of 34.72, a quick ratio of 0.87 and a current ratio of 1.01. The stock has a 50 day moving average price of C$8.82 and a 200-day moving average price of C$10.19. Enerplus has a one year low of C$7.32 and a one year high of C$16.57.

Enerplus (TSE:ERF) (NYSE:ERF) last announced its earnings results on Friday, August 9th. The oil and natural gas company reported C$0.36 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.24 by C$0.12. The company had revenue of C$321.46 million during the quarter, compared to analysts’ expectations of C$304.16 million. Sell-side analysts predict that Enerplus will post 1.2400001 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on ERF shares. GMP Securities dropped their target price on Enerplus from C$18.00 to C$16.00 in a report on Friday, June 28th. Royal Bank of Canada dropped their target price on Enerplus from C$15.00 to C$14.00 in a report on Thursday, July 18th. CIBC lifted their target price on Enerplus from C$14.00 to C$14.50 in a report on Monday, August 12th. Finally, National Bank Financial lifted their target price on Enerplus from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$16.94.

About Enerplus

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company's oil and natural gas properties are located primarily in North Dakota, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan.

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Dividend History for Enerplus (TSE:ERF)

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