ENI (E) Projected to Post Earnings on Wednesday

ENI (NYSE:E) will likely be announcing its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.96 per share and revenue of $25.52 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

ENI Stock Up 1.0 %

E stock opened at $27.76 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.41. The business has a 50 day moving average of $29.08 and a 200 day moving average of $28.95. ENI has a twelve month low of $24.65 and a twelve month high of $33.30. The firm has a market cap of $46.85 billion, a PE ratio of 16.62, a price-to-earnings-growth ratio of 1.86 and a beta of 0.73.

ENI Increases Dividend

The company also recently declared a — dividend, which will be paid on Monday, June 9th. Investors of record on Tuesday, May 20th will be paid a $0.5391 dividend. This is a boost from ENI’s previous — dividend of $0.35. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a yield of 5.5%. ENI’s payout ratio is presently 87.72%.

Wall Street Analyst Weigh In

E has been the topic of a number of research analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and set a $31.60 price target (down from $37.50) on shares of ENI in a report on Tuesday, January 7th. UBS Group cut shares of ENI from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 8th. Finally, StockNews.com lowered shares of ENI from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, ENI presently has an average rating of “Hold” and an average price target of $31.60.

ENI Company Profile

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.