Analysts' Weekly Ratings Changes for Encana Corp (ECA)

Public Sector Pension Investment Board raised its stake in Encana Corporation shares by 23.4% as of the end of the last quarter. The value in dollars decreased from $11,991,000 to $10,446,000 a change of $1,545,000 for the reporting period.

Encana Corp (NYSE:ECA) shares traded -2.25% down during most recent session to reach at the closing price of $9.56. BlackRock Inc. increased its position in Encana Corporation by 11,232.3% in the first quarter. Causeway Capital Management LLC increased its position in shares of Encana Corporation by 95.2% in the first quarter. Steadfast Capital Management LP boosted its stake in Encana Corporation by 12.2% in the first quarter. Vanguard Group Inc. now owns 22,637,700 shares of the oil and gas company's stock worth $265,086,000 after buying an additional 994,074 shares during the period. Finally, Point72 Asia Singapore Pte. Atria Investments LLC acquired a new position in Encana Corporation during the second quarter valued at $113,000. Since the open, shares have moved -1.93% after recently hitting the $9.66 mark. The company has a 50 day moving average of $9.34 and a 200-day moving average of $10.68. The firm has a market capitalization of $11.94 billion and a price-to-earnings ratio of 14.62. Encana Corporation has a one year low of $8.01 and a one year high of $13.85.

Currently Encana Corp (NYSE:ECA)'s shares owned by insiders are 0%, whereas shares owned by institutional owners are 67.2%. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.15. Encana Corporation had a return on equity of 6.25% and a net margin of 19.09%. Next quarter's EPS is estimated at $0.12 and the next full year EPS is anticipated to be $0.69.

7/21/2017 - Encana Corporation was downgraded by analysts at Zacks Investment Research from a "hold" rating to a "sell" rating. The company announced a dividend payable on Friday the 29th of September 2017. Shareholders of record on Friday, September 15th will be issued a $0.015 dividend.

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Previously Encana Corp (NYSE:ECA) reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.15. GMP Securities maintained it with "Buy" rating and $13.2500 target in Monday, June 12 report. Encana Corporation's dividend payout ratio is now 6.98%. If you are viewing this story on another publication, it was copied illegally and reposted in violation of USA & global trademark and copyright laws. The legal version of this news story can be accessed at

A number of equities research analysts have recently commented on ECA shares. Raymond James Financial, Inc. started coverage on shares of Encana Corporation in a research report on Wednesday, May 31st. The stock has an average rating of "Buy" and a consensus price target of $13.32.

For this year, Encana Corporation (NYSE:ECA) is performing -16.7%. Scotiabank upped their price target on shares of Encana Corporation from $11.00 to $12.00 and gave the stock an "underperform" rating in a research report on Wednesday, May 3rd. The stock of Encana Corp (USA) (NYSE:ECA) earned "Hold" rating by Desjardins Securities on Monday, June 5. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The shares price has positioned -15.77% down over the past quarter while it has directed -24.13% toward a falling position throughout past six months.

Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States.

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