ENEL.MI - Enel SpA

Milan - Milan Delayed Price. Currency in EUR
6.40
-0.16 (-2.45%)
As of 12:48PM CEST. Market open.
Stock chart is not supported by your current browser
Previous Close6.56
Open6.57
Bid6.40 x 0
Ask6.40 x 0
Day's Range6.39 - 6.59
52 Week Range4.22 - 6.62
Volume23,011,115
Avg. Volume25,848,808
Market Cap65.047B
Beta (3Y Monthly)0.71
PE Ratio (TTM)13.33
EPS (TTM)0.48
Earnings DateAug 1, 2019
Forward Dividend & Yield0.28 (4.30%)
Ex-Dividend Date2019-07-22
1y Target Est5.59
  • It Might Be Better To Avoid Enel SpA's (BIT:ENEL) Upcoming 2.1% Dividend
    Simply Wall St.yesterday

    It Might Be Better To Avoid Enel SpA's (BIT:ENEL) Upcoming 2.1% Dividend

    Enel SpA (BIT:ENEL) is about to trade ex-dividend in the next 3 days. If you purchase the stock on or after the 22nd...

  • Moody's3 days ago

    ENEL Finance International N.V. -- Moody's changes outlook on Enel to positive; affirms ratings

    Moody's Investors Service ("Moody's") has today changed to positive from stable the outlook on ENEL S.p.A. ("Enel" or "the group"). Moody's has also affirmed the Baa2/(P)Baa2 senior unsecured ratings of Enel. At the same time, Moody's has changed to positive from stable the outlook on the guaranteed subsidiaries ENEL Investment Holding B.V. and ENEL Finance International N.V. Moody's has also affirmed their Baa2/ (P)Baa2 senior unsecured ratings, the debt Enel has assumed of ENEL Finance International S.A., the Prime-2 (P-2) short-term rating of ENEL Finance International N.V., and the Ba1 rating of Enel's subordinated debt (also known as "Hybrids").

  • Half a Year of Gains and Many Unanswered Questions
    Bloomberg21 days ago

    Half a Year of Gains and Many Unanswered Questions

    (Bloomberg) -- Trade jitters, political uncertainty, slower growth. All the issues that plagued investors and sent stocks sliding around this time last year still linger. Yet stocks are up 13% so far in 2019, the best performance in the first half since 1998. One key difference has been the dovish tone adopted by central banks of late. Traders may need more than that to keep them going through the rest of the year.June is usually a bad month for equities, but not this year. Optimism spurred by comments from the ECB and the Fed propelled the Stoxx Europe 600 Index toward its best returns for the period since 2012. The rally has been broad, and across most asset classes.Sector-wise too, all are in the green except for telecoms. The networks are suffering from margin pressure, high costs of 5G licenses and regulations. Sanctions on Huawei are another hurdle for the industry as it might end up costing them $62 billion. Also trailing the broader market are banks and travel shares, with minimal gains.Leading the advance are food and beverage makers, boosted by their defensive appeal and a broad exposure to global growth. The appetite for growth equities has also buoyed the technology sector.That brings us to the growth-value performance gap, which has become more extreme. Barclays strategists sees potential returns for value stocks, but that depends on bond yields finding a floor. That might be a problem in the short term, especially if the ECB ends up cutting rates in the coming months.The rally has done little to staunch fund outflows though. European stocks suffered nearly constant redemptions in 2019, taking the three-year total outflows to about $200 billion. Strategists have been wondering what could lure investors back. Nothing, says Societe Generale, which sees the trend as a structural re-balancing of portfolios into global and emerging markets funds.Country-wise, Spain is the laggard of Europe, penalized by weightings of banks and utilities. The IBEX even managed to record a worse performance than the Brexit-ridden FTSE 100. At the top, Greek banks are soaring, taking the country’s benchmark ASE Index close to 40% gains.Overall, this looks like 1995 to Citi strategists, the last time that U.S. equities, bonds, IG, HY and oil all returned at least 10% in the same year, using annualized returns. Fun fact: the Fed also cut rates in July that year, something that markets are pricing in as a virtual certainty at next month’s meeting. Citi says European equities have, on average, returned nearly 10% in the 6 months following the first Fed rate cut.We’re not there yet, and given this is well expected, would it be enough? Earnings estimates are still being cut, while the future of global trade hangs on talks that have yielded little concrete developments so far. The G-20 summit starting today will still be closely watched, and the absence of escalation might be enough to please investors. One positive point for Europe is that economic surprises are in the green again. Further confirmation will be needed as it also happened last August before taking a turn for the worse.In the meantime, Euro Stoxx 50 futures are trading little changed ahead of the open.SECTORS IN FOCUS TODAY:Watch sportstwear manufacturers after U.S. Nike reported its first earnings miss for 7 years, though revenue met expectations. Watch Adidas and Puma, as well as retail company JD Sports Fashion.Watch Swiss equities after Switzerland barred shares listed in the country from trading in the European Union from Monday. Though manageable in the short-term, it could threaten the attractiveness of Swiss capital markets in the future.Watch the pound and U.K. stocks after Conservative Party leadership candidate Boris Johnson has kept open the option of suspending, or proroguing, the U.K.’s Parliament in order to force through a no-deal Brexit. Opposition to the move is strong. Theresa May has warned she may vote to stop a hard Brexit scenario. All this in the face of slumping consumer confidence in Britain.Watch crypto currencies and related stocks after Bitcoin went back to where it was before the five-day rally it just went through. Big investors in the market are still optimistic overall, but are wishing they’d sold off a bit more of their holdings before the rally reversed.COMMENT:“Markets are now looking towards 2020 prospects”, Citi strategists write in a note. “Bottom up, analysts forecast 11% global growth. This looks high compared to our 7% top-down projection and suggests that more downgrades are likely. Fortunately, history suggests this should not be fatal for stock markets. Since 1989, there have been 15 years when global equities have risen despite analyst downgrades (including 2019 YTD). We expect 2020 to be similar.”COMPANY NEWS AND M&A:VW’s Truck Unit IPO Raises $1.8 Billion, Pricing at Low EndMerlin Entertainment Reportedly Set to Go Private for $7.6 BillionOrange Launches Sale of Remaining Stake in BT Group (1)Deutsche Bank Passes U.S. Stress Test in Surprise Fed DecisionCredit Suisse Expects to Remediate Fed Concerns in TimeGlencore Confirms 19 Fatalities at Congo Mine (2)Enel Plans to Raise 56.8% Stake in Enel Americas by Up to 5%BMW Denies Hiring Freeze Report; Aims to Keep Employment FlatAirbus Working on Tech for Single-Pilot Planes, CNBC Cites CTOHSBC Cuts Cash Rebate on Mortgage Refinancing in Hong Kong: HKEJBoiron: French Body Advised Against Homeopathy ReimbursementNyrstar Says No Decision Made to Date to Remove CEONOTES FROM THE SELL SIDE:Macquarie initiates Boohoo at outperform with a 315p PT that offers more than 49% upside, the broker calling the online retailer “a disrupter and a winner” in a fast changing fashion market.Bankhaus Lampe upgrades Tele Columbus to buy from hold, saying upcoming adjustments to growth strategy should see an uptick in value for investors. PT lowered to EU2.50 from EU4; that still offers more than 39% upside to Thursday’s close.Dialog Semi upgraded to buy from reduce, with co. strongly positioned for growth this year following reshaping of its product offering toward a portfolio which is gaining traction in the market, AlphaValue says.Plus500’s main challenges include client growth, revenue and profit, Peel Hunt says in note reinstating its rating of the company at reduce with PT of 526p and below-consensus estimates.TECHNICAL OUTLOOK for Stoxx 600 index:Resistance at 392.7 (July 2018 high); 397.9 (May 2018 high)Support at 381.2 (50-DMA); 374.5 (61.8% Fibo)RSI: 54.1TECHNICAL OUTLOOK for Euro Stoxx 50 index:Resistance at 3,514 (May high); 3,596 (May 2018 high)Support at 3,410 (50-DMA); 3,403 (61.8% Fibo)RSI: 58.2MAIN RESEARCH AND RATING CHANGES:UPGRADES:Brewin Dolphin raised to outperform at Macquarie; PT 3.64 PoundsBurberry upgraded to neutral at Goldman; PT 18 PoundsDialog Semi upgraded to buy at AlphaValueH&M upgraded to hold at SEB Equities; PT 152.50 KronorJulius Baer upgraded to outperform at Macquarie; PT 58.45 FrancsPSP Swiss upgraded to neutral at JPMorgan; PT 115 FrancsSainsbury upgraded to neutral at Goldman; PT 2.15 PoundsTele Columbus upgraded to buy at Bankhaus LampeDOWNGRADES:Epiroc downgraded to neutral at JPMorgan; PT 101 KronorWartsila downgraded to hold at HSBC; PT 14 EurosINITIATIONS:Boohoo rated new outperform at Macquarie; PT 3.15 PoundsCeres Power rated new buy at Liberum; PT 3 PoundsEquals Group PLC rated new market perform at KBW; PT 1.30 PoundsFerratum rated new market perform at KBW; PT 11.90 EurosFunding Circle Holdings rated new underperform at KBWHypoport rated new market perform at KBW; PT 290 EurosIntegraFin rated new outperform at KBW; PT 4.80 PoundsNestle rated new hold at HSBC; PT 105 FrancsPaypoint rated new market perform at KBW; PT 11.80 PoundsSMCP rated new buy at Oddo BHF; PT 20.50 EurosMARKETS:MSCI Asia Pacific up 1%, Nikkei 225 down 0.5%S&P 500 up 0.4%, Dow little changed, Nasdaq up 0.7%Euro down 0.04% at $1.1365Dollar Index up 0.04% at 96.23Yen up 0.07% at 107.71Brent down 0.7% at $66.1/bbl, WTI down 0.7% to $59/bblLME 3m Copper down 0.2% at $5979.5/MTGold spot up 0.4% at $1415.3/ozUS 10Yr yield little changed at 2.02%ECONOMIC DATA (All times CET):8:45am: (FR) May PPI YoY, prior 2.2%8:45am: (FR) May Consumer Spending MoM, est. 0.3%, prior 0.8%8:45am: (FR) May Consumer Spending YoY, est. 0.3%, prior 1.2%8:45am: (FR) June CPI EU Harmonized MoM, est. 0.0%, prior 0.1%8:45am: (FR) June CPI EU Harmonized YoY, est. 1.1%, prior 1.1%8:45am: (FR) May PPI MoM, prior -0.6%8:45am: (FR) June CPI YoY, est. 1.0%, prior 0.9%8:45am: (FR) June CPI MoM, est. 0.0%, prior 0.1%9am: (SP) 1Q F GDP QoQ, est. 0.7%, prior 0.7%9am: (SP) 1Q F GDP YoY, est. 2.4%, prior 2.4%9am: (SP) May Retail Sales SA YoY, est. 1.5%, prior 1.1%9am: (SP) May Retail Sales YoY, prior 2.0%10am: (SP) April Current Account Balance, prior 010:30am: (UK) 1Q F GDP QoQ, est. 0.5%, prior 0.5%10:30am: (UK) 1Q F GDP YoY, est. 1.8%, prior 1.8%10:30am: (UK) 1Q Current Account Balance, est. -32b, prior -23.7b11am: (EC) June CPI Core YoY, est. 1.0%, prior 0.8%11am: (EC) June CPI Estimate YoY, est. 1.2%, prior 1.2%11am: (IT) June CPI EU Harmonized YoY, est. 0.7%, prior 0.9%11am: (IT) June CPI EU Harmonized MoM, est. 0.1%, prior 0.1%11am: (IT) June CPI NIC incl. tobacco YoY, est. 0.7%, prior 0.9%11am: (IT) June CPI NIC incl. tobacco MoM, est. 0.1%, prior 0.1%12pm: (IT) May PPI MoM, prior -1.5%12pm: (IT) May PPI YoY, prior 2.8%* For a daily wrap on developments in European equity capital markets, click hereTo contact the reporter on this story: Michael Msika in London at mmsika4@bloomberg.netTo contact the editors responsible for this story: Blaise Robinson at brobinson58@bloomberg.net, Namitha JagadeeshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Moody'slast month

    Enel Russia, PJSC -- Moody's places Enel Russia on review for downgrade

    Moody's Investors Service ("Moody's") has today placed Enel Russia, PJSC's (Enel Russia) Ba3 Corporate Family Rating (CFR) and Ba3-PD Probability of Default Rating (PDR) on review for downgrade following its announcement to sell its largest generating asset Reftinskaya GRES to the electricity-generating arm of SUEK JSC (Ba2, stable) for RUB21 billion (around $323 million), plus a contingent component of RUB3.0 billion. The transaction is subject to the approval of the Russian Federal Antimonopoly Service and to the shareholders' approval which should be obtained on 22 July 2019. Moody's expects Enel Russia to exclude Reftinskaya GRES from its financials by end-2020 at the latest.

  • Moody'slast month

    ERNA S.R.L. -- Moody's assigns definitive ratings to CMBS notes issued by ERNA S.R.L.

    Rating Action: Moody's assigns definitive ratings to CMBS notes issued by ERNA S.R.L. Global Credit Research- 04 Jun 2019. EUR 300 million of CMBS rated.

  • Simply Wall St.2 months ago

    Is Enel SpA (BIT:ENEL) Trading At A 42% Discount?

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Enel SpA (BIT:ENEL...

  • Moody's2 months ago

    Eletropaulo Met. De Elet. de Sao Paulo -- Moody's assigns Ba1/Aaa.br ratings to Eletropaulo´s debentures

    Moody´s América Latina ("Moody´s") assigned Ba1/Aaa.br (Global Scale and Brazilian National Scale, respectively) ratings to the issuance of BRL1.5 billion senior unsecured debentures maturing in May 2026 planned by Eletropaulo Metropolitana de Eletricidade de São Paulo S.A (Eletropaulo). Issuance proceeds will serve to partly refinance Eletropaulo's debts and also support its capital investment program. Should issuance conditions and/or final documentation deviate from the original ones submitted and reviewed by the rating agency, Moody's will assess the impact that these differences may have on the ratings and act accordingly.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of ENEL.MI earnings conference call or presentation 8-May-19 4:00pm GMT

    Q1 2019 Enel SpA Earnings Call

  • Moody's2 months ago

    ENEL S.p.A. -- Moody's assigns Ba1 rating to hybrid notes issued by ENEL S.p.A.; stable outlook

    Moody's Investors Service ("Moody's") has today assigned a Ba1 long-term rating to the Capital Security (the junior subordinated "Hybrid") to be issued by ENEL S.p.A. ("Enel"). The Ba1 rating assigned to the Hybrid is two notches below Enel's senior unsecured rating of Baa2, reflecting the features of the Hybrid. It is very long-dated, deeply subordinated and Enel can opt to defer coupons on a cumulative basis.

  • Moody's2 months ago

    ERNA S.R.L. -- Moody's assigns provisional ratings to notes to be issued by ERNA S.R.L.

    Rating Action: Moody's assigns provisional ratings to notes to be issued by ERNA S.R.L. Global Credit Research- 09 May 2019. Approximately EUR 300 million of CMBS rated.

  • Is Enel SpA (BIT:ENEL) Potentially Underrated?
    Simply Wall St.2 months ago

    Is Enel SpA (BIT:ENEL) Potentially Underrated?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! I've been keeping an eye on Enel SpA (BIT:ENEL) because I'm attracted to its fundamentals. L...

  • Moody's2 months ago

    Enel Americas S.A. -- Moody's announces completion of a periodic review of ratings of Enel Americas S.A.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Enel Americas S.A. New York, May 06, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Enel Americas S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Reuters3 months ago

    Italy eyes real estate for cash as privatisations become a mirage

    Italy will fall far short in this year's privatisation programme to rein in public debt, coalition officials said, with the government now aiming to raise a third of the originally planned amount by selling real estate. Italy's public debt rose last year to 132.2 percent of GDP, proportionally the second highest in the euro zone after Greece's and up from 131.4 percent the year before. With the European Commission and financial markets fretting, in its 2019 budget last autumn the government vowed to reverse the trend partly through an ambitious 18-billion-euro ($20.17 billion) privatisation plan.

  • Enel SpA (BIT:ENEL): Poised For Long-Term Success?
    Simply Wall St.3 months ago

    Enel SpA (BIT:ENEL): Poised For Long-Term Success?

    In December 2018, Enel SpA (BIT:ENEL) released its most recent earnings announcement, which indicated that the company benefited from a robust tailwind...

  • Moody's3 months ago

    Endesa Capital, S.A. -- Moody's announces completion of a periodic review of ratings of Endesa S.A.

    Announcement: Moody's announces completion of a periodic review of ratings of Endesa S.A. London, 29 March 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Endesa S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Moody's4 months ago

    International Endesa B.V. -- Moody's announces completion of a periodic review of ratings of Endesa S.A.

    Announcement: Moody's announces completion of a periodic review of ratings of Endesa S.A. London, 29 March 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Endesa S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Thomson Reuters StreetEvents4 months ago

    Edited Transcript of ENEL.MI earnings conference call or presentation 21-Mar-19 5:00pm GMT

    Full Year 2018 Enel SpA Earnings Call

  • What Kind Of Investor Owns Most Of Enel SpA (BIT:ENEL)?
    Simply Wall St.4 months ago

    What Kind Of Investor Owns Most Of Enel SpA (BIT:ENEL)?

    If you want to know who really controls Enel SpA (BIT:ENEL), then you'll have to look at the makeup of its share registry. Institutions often own shares in more establishedRead More...

  • Moody's4 months ago

    Zacapa S.a r.l. -- Moody's announces completion of a periodic review of ratings of Zacapa S.a r.l.

    Announcement: Moody's announces completion of a periodic review of ratings of Zacapa S.a r.l. London, 13 March 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Zacapa S.a r.l. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Norway’s Oil Disposal Drama Descends Into Farce
    Bloomberg4 months ago

    Norway’s Oil Disposal Drama Descends Into Farce

    On Friday, the government approved the sale of some oil and gas stocks, in what appears to be a classic example of having it both ways. The stated rationale is that the disposals focus on exploration and production companies, which have the highest correlation to oil and gas prices.