Enlight Renewable Energy Ltd (ENLT.TA)
| Previous Close | 6,025.00 |
| Open | 6,000.00 |
| Bid | 5,936.00 x 500000 |
| Ask | 5,957.00 x 252300 |
| Day's Range | 5,911.00 - 6,024.00 |
| 52 Week Range | 4,648.00 - 7,326.00 |
| Volume | |
| Avg. Volume | 260,918 |
| Market Cap | 7.001B |
| Beta (5Y Monthly) | 0.68 |
| PE Ratio (TTM) | 35.75 |
| EPS (TTM) | 1.66 |
| Earnings Date | Nov 18, 2024 - Nov 22, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Feb 22, 2000 |
| 1y Target Est | 74.53 |
- Yahoo Finance Video
What do rate cuts, the election mean for solar energy stocks?
Mizuho Americas director of clean energy equity research Maheep Manley joins Julie Hyman and Josh Lipton on Market Domination to discuss what next week's expected interest rate cut and the upcoming presidential election mean for the solar energy sector. “There's a nice transition from interest rates to solar,” Manley says explaining that “we've seen this industry react to any positive news on interest rates” and “we'll continue to see that going forward.” The analyst tells Yahoo Finance that most companies in the solar industry have a high debt-to-capital ratio, so there’s “a lot of upside there” if the Federal Reserve does in fact opt to cut rates. Solar companies “generally tend to do better in a lower interest rate environment,” he adds. Solar stocks came into focus after the presidential debate on Tuesday. A victory for Vice President Kamala Harris in November could “keep the status quo of the Inflation Reduction Act,” which includes tax incentives for clean energy. The analyst highlights that First Solar is “the biggest beneficiary” of current tax incentives as “more than 60% of their EPS in our estimates for 2025 would come from these incentives from the Inflation Reduction Act (IRA). Manley adds, “I don't think it'll be very bad news if Republicans or Trump come on in,” with “at worst” a 20% or 25% impact on solar stocks. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
GlobeNewswireThe 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 of commercial operations at its Atrisco Solar & Energy Storage project (“Atrisco”, “the Project”) outside Albuquerque, New Mexico. The Project consists of 364 MW solar generation capacity and 1.2 GWh of energy storage capacity, and was developed and built by Enlight’s U.S. subsidiary Clenera. The So
- 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 generation capacity in the country TEL AVIV, Israel, Aug. 18, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces the commencement of operations at the Tapolca solar project (“the Project”) in Hungary,
