Enlight Renewable Energy Ltd (NASDAQ:ENLT – Free Report) – Research analysts at Roth Capital reduced their FY2026 earnings per share estimates for Enlight Renewable Energy in a report released on Tuesday, February 18th. Roth Capital analyst J. Clare now expects that the company will post earnings of $0.34 per share for the year, down from their previous forecast of $0.44. The consensus estimate for Enlight Renewable Energy’s current full-year earnings is $0.07 per share.
Other equities research analysts also recently issued reports about the company. JPMorgan Chase & Co. lifted their price objective on Enlight Renewable Energy from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Thursday, January 23rd. Barclays lifted their price objective on Enlight Renewable Energy from $20.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, November 15th.
Enlight Renewable Energy Trading Up 0.4 %
Shares of ENLT opened at $17.05 on Wednesday. Enlight Renewable Energy has a 12-month low of $14.09 and a 12-month high of $18.48. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.64. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 38.75 and a beta of 1.51. The stock’s 50-day moving average price is $16.65 and its 200 day moving average price is $16.23.
Institutional Trading of Enlight Renewable Energy
A number of large investors have recently made changes to their positions in ENLT. Advisors Asset Management Inc. boosted its stake in Enlight Renewable Energy by 1,181.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 14,263 shares of the company’s stock worth $241,000 after purchasing an additional 13,150 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its position in Enlight Renewable Energy by 4.2% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 8,771,161 shares of the company’s stock worth $147,885,000 after acquiring an additional 353,750 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Enlight Renewable Energy during the third quarter worth approximately $655,000. Barclays PLC lifted its position in Enlight Renewable Energy by 4,278.2% during the third quarter. Barclays PLC now owns 25,525 shares of the company’s stock worth $432,000 after acquiring an additional 24,942 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Enlight Renewable Energy by 0.9% during the third quarter. Geode Capital Management LLC now owns 103,590 shares of the company’s stock worth $1,751,000 after acquiring an additional 907 shares during the last quarter. Institutional investors own 38.89% of the company’s stock.
About Enlight Renewable Energy
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.
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