NASDAQ:ENLT

Enlight Renewable Energy (ENLT) Stock Price, News & Analysis

$17.34
+1.34 (+8.38%)
(As of 05/2/2024 ET)
Today's Range
$16.93
$17.41
50-Day Range
$15.66
$17.76
52-Week Range
$12.11
$20.44
Volume
39,376 shs
Average Volume
43,497 shs
Market Capitalization
$2.00 billion
P/E Ratio
30.42
Dividend Yield
N/A
Price Target
$18.50

Enlight Renewable Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.7% Upside
$18.50 Price Target
Short Interest
Bearish
0.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.05mentions of Enlight Renewable Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
65.91%
From $0.44 to $0.73 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.75 out of 5 stars

Oils/Energy Sector

222nd out of 235 stocks

Electric Services Industry

39th out of 41 stocks

ENLT stock logo

About Enlight Renewable Energy Stock (NASDAQ:ENLT)

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh Haayin, Israel.

ENLT Stock Price History

ENLT Stock News Headlines

Have You Seen Elon’s New A.I. Device? (Picture Inside)
A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. Click here to see this strange device you could be wearing some day. Elon believes A.I. is advancing so fast...
Have You Seen Elon’s New A.I. Device? (Picture Inside)
A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. Click here to see this strange device you could be wearing some day. Elon believes A.I. is advancing so fast...
ENLT Enlight Renewable Energy Ltd
Clēnera Announces a Planned CEO Transition
OPAL Fuels Inc. (OPAL)
See More Headlines
Receive ENLT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Enlight Renewable Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/26/2024
Today
5/03/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:ENLT
Fax
N/A
Employees
287
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.50
High Stock Price Target
$20.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+6.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$70.92 million
Pretax Margin
49.46%

Debt

Sales & Book Value

Annual Sales
$255.70 million
Cash Flow
$1.28 per share
Book Value
$12.42 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.00 billion
Optionable
Optionable
Beta
1.68
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Gilad Yavetz (Age 54)
    Co-Founder, CEO & Director
    Comp: $430k
  • Mr. Amit Paz (Age 58)
    Co-Founder and Senior VP of Engineering, Contracting & Procurement
    Comp: $280k
  • Mr. Nir Yehuda (Age 48)
    Chief Financial Officer
    Comp: $320k
  • Mr. Michael Avidan (Age 48)
    VP of North America & President of Enlight's U.S. Operations
    Comp: $300k
  • Mr. Ilan Goren (Age 50)
    Vice President of Global Project Development, Israel Business Development & Construction
    Comp: $250k
  • Mr. Jason Ellsworth
    Co-founder & CEO of Clenera
  • Ms. Ayelet Cohen Israeli (Age 56)
    Vice President of Operations
  • Mr. Yosef Lefkovitz
    Vice President of Corporate Finance and M&A
  • Ms. Lisa Haimovitz Adv. (Age 59)
    VP & General Counsel
  • Mr. Brian T. Hansen
    General Counsel of Clenera

ENLT Stock Analysis - Frequently Asked Questions

Should I buy or sell Enlight Renewable Energy stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enlight Renewable Energy in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ENLT shares.
View ENLT analyst ratings
or view top-rated stocks.

What is Enlight Renewable Energy's stock price target for 2024?

4 brokerages have issued 1 year price targets for Enlight Renewable Energy's stock. Their ENLT share price targets range from $16.00 to $20.00. On average, they predict the company's share price to reach $18.50 in the next twelve months. This suggests a possible upside of 6.7% from the stock's current price.
View analysts price targets for ENLT
or view top-rated stocks among Wall Street analysts.

How have ENLT shares performed in 2024?

Enlight Renewable Energy's stock was trading at $19.14 on January 1st, 2024. Since then, ENLT shares have decreased by 9.4% and is now trading at $17.34.
View the best growth stocks for 2024 here
.

Are investors shorting Enlight Renewable Energy?

Enlight Renewable Energy saw a increase in short interest in March. As of March 31st, there was short interest totaling 625,600 shares, an increase of 107.4% from the March 15th total of 301,600 shares. Based on an average daily trading volume, of 46,600 shares, the days-to-cover ratio is presently 13.4 days. Currently, 0.6% of the shares of the company are sold short.
View Enlight Renewable Energy's Short Interest
.

When is Enlight Renewable Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ENLT earnings forecast
.

How can I listen to Enlight Renewable Energy's earnings call?

Enlight Renewable Energy will be holding an earnings conference call on Wednesday, May 8th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Enlight Renewable Energy's earnings last quarter?

Enlight Renewable Energy Ltd (NASDAQ:ENLT) released its earnings results on Monday, February, 26th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.17 by $0.05. The firm had revenue of $73.83 million for the quarter, compared to analyst estimates of $85.36 million. Enlight Renewable Energy had a net margin of 27.74% and a trailing twelve-month return on equity of 5.05%.

What ETF holds Enlight Renewable Energy's stock?

TrueShares Eagle Global Renewable Energy Income ETF holds 3,253 shares of ENLT stock, representing 1.93% of its portfolio.

What guidance has Enlight Renewable Energy issued on next quarter's earnings?

Enlight Renewable Energy issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $335.0 million-$360.0 million, compared to the consensus revenue estimate of $393.5 million.

When did Enlight Renewable Energy IPO?

Enlight Renewable Energy (ENLT) raised $252 million in an initial public offering (IPO) on Friday, February 10th 2023. The company issued 14,000,000 shares at a price of $18.00 per share.

Who are Enlight Renewable Energy's major shareholders?

Enlight Renewable Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Meitav Investment House Ltd. (5.25%), Harel Insurance Investments & Financial Services Ltd. (2.20%), Assenagon Asset Management S.A. (0.50%) and Capstone Investment Advisors LLC (0.02%).

How do I buy shares of Enlight Renewable Energy?

Shares of ENLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ENLT) was last updated on 5/3/2024 by MarketBeat.com Staff

From Our Partners