ENI (E) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ENI in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" E shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in E, but not buy additional shares or sell existing shares.
View E analyst ratings or view top-rated stocks.

12 brokerages have issued 1-year target prices for ENI's stock. Their E share price forecasts range from $15.80 to $19.00. On average, they anticipate the company's stock price to reach $17.40 in the next twelve months. This suggests that the stock has a possible downside of 43.4%.
View analysts price targets for E or view top-rated stocks among Wall Street analysts.

ENI's stock was trading at $28.66 at the start of the year. Since then, E shares have increased by 7.3% and is now trading at $30.76.
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ENI saw a increase in short interest in July. As of July 31st, there was short interest totaling 849,400 shares, an increase of 16.0% from the July 15th total of 732,200 shares. Based on an average daily volume of 224,800 shares, the days-to-cover ratio is currently 3.8 days. Currently, 0.1% of the shares of the stock are sold short.
View ENI's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our E earnings forecast.

Eni S.p.A. (NYSE:E) announced its quarterly earnings results on Friday, October, 29th. The oil and gas exploration company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.21. The oil and gas exploration company had revenue of $22.70 billion for the quarter. ENI had a net margin of 7.73% and a trailing twelve-month return on equity of 19.54%.

ENI announced a -- dividend on Thursday, August 3rd. Investors of record on Tuesday, September 19th will be paid a dividend of $0.4725 per share on Friday, October 6th. This represents a yield of 4.5%. The ex-dividend date is Monday, September 18th. This is an increase from the stock's previous -- dividend of $0.47.
Read our dividend analysis for E.

ETFs with the largest weight of ENI (NYSE:E) stock in their portfolio include Pacer Developed Markets International Cash Cows 100 ETF (ICOW), Amplify Natural Resources Dividend Income ETF (NDIV), Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA), Pacer Global Cash Cows Dividend ETF (GCOW), Global X Genomics & Biotechnology ETF (GNOM), Inspire Fidelis Multi Factor ETF (FDLS), ActivePassive International Equity ETF (APIE) and Constrained Capital ESG Orphans ETF (ORFN).

ENI (NYSE:E) pays an annual dividend of $1.32 per share and currently has a dividend yield of 4.29%. E has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, E will have a dividend payout ratio of 25.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for E.

163 employees have rated ENI Chief Executive Officer Claudio Descalzi on Glassdoor.com. Claudio Descalzi has an approval rating of 93% among the company's employees. This puts Claudio Descalzi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ENI investors own include Energy Transfer (ET), Chevron (CVX), Walt Disney (DIS), Broadcom (AVGO), BP (BP), Enterprise Products Partners (EPD), Halliburton (HAL), International Business Machines (IBM) and Intel (INTC).

ENI trades on the New York Stock Exchange (NYSE) under the ticker symbol "E."

ENI's stock is owned by a variety of retail and institutional investors. Top institutional investors include Pacer Advisors Inc. (0.07%), BlackRock Inc. (0.04%), Northern Trust Corp (0.03%), Raymond James & Associates (0.02%), Envestnet Asset Management Inc. (0.02%) and Meritage Portfolio Management (0.01%).
View institutional ownership trends.

Shares of E stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of E stock can currently be purchased for approximately $30.76.

ENI (NYSE:E) has a market capitalization of $54.93 billion and generates $140.59 billion in revenue each year. The oil and gas exploration company earns $14.63 billion in net income (profit) each year or $5.43 on an earnings per share basis.

The company employs 32,188 workers across the globe.

ENI's mailing address is PIAZZALE ENRICO MATTEI 1, ROME ITALY L6, 00144. The official website for the company is www.eni.com. The oil and gas exploration company can be reached via phone at 39659821, via email at investor.relations@eni.com, or via fax at 39-06-5982-2575.