Have a look at Price Move: Encana Corporation's (ECA)

Lawrence Kim
May 14, 2017

Encana Corp's dividend payout ratio is presently -3.97%. JPMorgan Chase & Co. restated a "strong-buy" rating on shares of Encana Corp in a research report on Thursday, February 16th.

Analysts on average have given a price target of $14.5 to Encana Corporation (ECA) stock. The ex-dividend date of this dividend is Tuesday, June 13th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.53%.

Analysts await Encana Corp (USA) (NYSE:ECA) to report earnings on July, 20.

Encana Corporation's (ECA) witnessed a gain of 3.47% in recent trading period with closing price of $ 11.34.

Currently, the market capitalization of Encana Corporation (ECA) is 11.58 Billion.

Encana Corp (NYSE:ECA) last released its quarterly earnings data on Tuesday, May 2nd. They expect $0.05 EPS, down 50.00% or $0.05 from last year's $0.1 per share.

In case of Revenue Estimates, 792270 analysts have provided their consensus Average Revenue Estimates for Encana Corporation as 8000. The Return on Equity (ROE) value stands at -2.3%. Stockholders of record on Thursday, June 15th will be paid a dividend of 0.015 per share by the oil and gas company on Friday, June 30th. During the same period previous year, the firm posted ($0.15) earnings per share. KLR Group raised Encana Corp from an accumulate rating to a buy rating and set a $16.00 price objective for the company in a research note on Friday, January 20th. Finally, Canaccord Genuity reissued a "buy" rating and set a $14.00 target price on shares of Encana Corp in a report on Saturday, March 11th. Societe Generale upgraded the shares of ECA in report on Wednesday, January 11 to "Hold" rating.

A price target is the projected price level of a financial security stated by an investment analyst. Encana Corporation was covered by a number of analysts recently, 6 rated the stock as Buy, 10 rated Outperform, 8 rated Hold, 3 gave an Underperform and 0 rated sell. During the past three month period the stock dropped -3.76% and increased 11.25% in past six month.

In related news, Director Clayton Harvey Woitas purchased 14,400 shares of the company's stock in a transaction that occurred on Friday, March 10th.

Now the shares of Encana Corporation (ECA) has a trading volume of 7.75 Million shares, with an average trading volume of 10500 shares - with shares dropping to a 52 week low of $6.00, and the company's shares hitting a 52 week high of $ 13.83. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders bought 30,700 shares of company stock worth $325,049.

Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. The Company's activities also include the marketing of natural gas, oil and NGLs. Illinois-based North Star Investment Mgmt has invested 0% in Platform Specialty Products Corp (NYSE:PAH). Corporate insiders own 0.26% of the company's stock. The return on assets ratio shows how well management is employing the company's total assets to make a profit. You can't anticipate the future of the firm because their working is so complex. Blackrock Invest Management Limited Liability Company accumulated 114,538 shares. A beta of less than 1 means that the security will be less volatile than the market. You never know when the trend is a rise or a slide. The ratio also provides a clue to how much investors are paying for what would be left if the company went bankrupt immediately. Many have tried and failed. The current market cap of Encana Corporation exhibits the basic determinant of asset allocation and risk-return parameters for its stocks. 4,186,134 shares of the company were exchanged. Lower interest rates: Lower interest rates can make shares more attractive for two reasons. The firm has " rating given on Friday, November 13 by Deutsche Bank. 12 rated the company as a "Hold". Investors will be getting a good grip in comparing the current earnings of the company to estimated future earnings. Stability: Stock markets dislike shocks that could threaten economic stability and future growth. They now have a United States dollars 14 price target on the stock. Confidence and expectations: A key factor is the mood of investors. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". If they receive bad news they will sell.

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