Enlight Renewable Energy Ltd (ENLT)

NASDAQ: ENLT · Real-Time Price · USD
17.49
+0.06 (0.34%)
Jan 6, 2025, 4:00 PM EST - Market closed
0.34%
Market Cap 2.06B
Revenue (ttm) 358.42M
Net Income (ttm) 48.68M
Shares Out 118.47M
EPS (ttm) 0.41
PE Ratio 42.45
Forward PE 33.76
Dividend n/a
Ex-Dividend Date n/a
Volume 11,811
Open 17.24
Previous Close 17.43
Day's Range 17.18 - 17.56
52-Week Range 14.09 - 18.48
Beta 0.68
Analysts Buy
Price Target 19.00 (+8.63%)
Earnings Date Feb 24, 2025

About 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. [Read more]

Sector Utilities
IPO Date Feb 10, 2023
Employees 287
Stock Exchange NASDAQ
Ticker Symbol ENLT
Full Company Profile

Financial Performance

In 2023, Enlight Renewable Energy's revenue was $255.70 million, an increase of 33.06% compared to the previous year's $192.17 million. Earnings were $70.92 million, an increase of 186.57%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ENLT stock is "Buy." The 12-month stock price forecast is $19.0, which is an increase of 8.63% from the latest price.

Price Target
$19.0
(8.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Enlight Announces the Financial Close for Project Roadrunner

The debt f inancing package includes $ 550 million of construction loans

14 days ago - GlobeNewsWire

Enlight Announces the Initial Commencement of Commercial Operations at the Pupin Wind Farm in Serbia

Pupin incorporates 94 MW of wind generation capacity, cost $155-160 million to construct, and is expected to generate approximately $22-23 million of revenues and $16-17 million of EBITDA in its first...

27 days ago - GlobeNewsWire

Enlight Renewable Energy: U.S. Growth Plan Is The Main Strength And Risk

Enlight Renewable Energy is an Israeli IPP with a diversified portfolio, focusing on US projects due to favorable tax credits, making it a "buy". Planned investments will significantly boost capacity ...

4 weeks ago - Seeking Alpha

Enlight Renewable Energy Ltd (ENLT) Q3 2024 Earnings Call Transcript

Enlight Renewable Energy Ltd (NASDAQ:ENLT) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Yonah Weisz - Director of Investor Relations Gilad Yavetz - Chief Executi...

7 weeks ago - Seeking Alpha

Enlight Renewable Energy Reports Third Quarter 2024 Financial Results

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENL...

7 weeks ago - GlobeNewsWire

Enlight to Host an Investor Event on Tuesday, November 19, 2024

TEL AVIV, Israel, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announced today that it will ...

7 weeks ago - GlobeNewsWire

Enlight Announces a Power Purchase Agreement for the Snowflake A Project in Arizona

TEL AVIV, Israel, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces that its U.S. subsi...

2 months ago - GlobeNewsWire

Enlight to Report Third Quarter 2024 Financial Results on Wednesday, November 13, 2024

TEL AVIV, Israel, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced it will release its f...

2 months ago - GlobeNewsWire

Enlight Announces the Full Commencement of Commercial Operation of the Solar & Storage Cluster in Israel

The Cluster includes 12 facilities, with a combined solar generation capacity of 254 MW and energy storage capacity of 594 MWh, and produces over 50% of the clean electricity in Israel's newly deregul...

3 months ago - GlobeNewsWire

The Atrisco Solar & Storage Project Has Commenced Commercial Operations

TEL AVIV, Israel, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces the initial start ...

4 months ago - GlobeNewsWire

Enlight Announces the Commencement of Commercial Operations at the Tapolca Solar Project in Hungary

The Project incorporates 60 MW of solar generation capacity, and cost $48 million to construct Tapolca is Enlight's fifth project in Hungary, bringing the Company to a total of 144 MW of operating gen...

5 months ago - GlobeNewsWire

Enlight Renewable Energy Ltd (ENLT) Q2 2024 Earnings Call Transcript

Enlight Renewable Energy Ltd. (NASDAQ:ENLT) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Yonah Weisz - Director of Investor Relations Gilad Yavetz - CEO and Co-foun...

5 months ago - Seeking Alpha

Enlight Renewable Energy Reports Second Quarter 2024 Financial Results

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENL...

5 months ago - GlobeNewsWire

Enlight Announces Financial Close on Atrisco Energy Storage Project

The financing package for the energy storage portion of the project includes over $400 million of loans and tax equity arranged by HSBC and U.S. Bank

5 months ago - GlobeNewsWire

Enlight to Report Second Quarter 2024 Financial Results on Wednesday, August 7, 2024

TEL AVIV, Israel, July 19, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced it will release its ...

6 months ago - GlobeNewsWire

Enlight Announces Participation at Upcoming JP Morgan and Roth MKM Investor Conferences

TEL AVIV, Israel, May 20, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced the Company will partici...

8 months ago - GlobeNewsWire

Enlight Renewable Energy Ltd (ENLT) Q1 2024 Earnings Call Transcript

Enlight Renewable Energy Ltd (NASDAQ:ENLT) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Yosef Lefkovitz - Vice President & Corporate Finance Gilad Yavetz - Co-Founder ...

8 months ago - Seeking Alpha

Enlight Renewable Energy Reports First Quarter 2024 Financial Results

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, May 08, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT...

8 months ago - GlobeNewsWire

Enlight to Report First Quarter 2024 Financial Results on Wednesday, May 8, 2024

TEL AVIV, Israel, April 18, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced it will release its...

9 months ago - GlobeNewsWire

Enlight Announces Filing of Form 20-F For The Year Ended December 31, 2023

TEL AVIV, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today announced that it has filed its annual report on Form 20-F for the fiscal year ended...

10 months ago - GlobeNewsWire

Enlight Renewable Energy: An Intriguing Choice But Fairly Priced

Enlight Renewable Energy is an Israel-based IPP with a large presence in Israel and Europe, and several projects under construction in the United States.

11 months ago - Seeking Alpha

Enlight Renewable Energy Ltd (ENLT) Q4 2023 Earnings Call Transcript

Enlight Renewable Energy Ltd (ENLT) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Enlight Renewable Energy Reports Fourth Quarter 2023 Financial Results

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENL...

11 months ago - GlobeNewsWire

Enlight to Report Fourth Quarter and Full Year 2023 Financial Results on Monday, February 26, 2024

TEL AVIV, Israel, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced it will release its fin...

11 months ago - GlobeNewsWire

Enlight Announces Participation at the Bank of America Power Utilities & Clean Energy Conference

TEL AVIV, Israel, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced its participation in th...

11 months ago - GlobeNewsWire