Enlight Renewable Energy Ltd. (ENLT) stock, explained like you're 5

Is Enlight Renewable Energy Ltd. a small, medium or large cap company?

No. Enlight Renewable Energy Ltd. is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 9.4 billion dollars.

Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.

How Enlight Renewable Energy Ltd. makes money

• Delivering electricity, gas or water to homes and businesses.
• Rates approved by regulators.
• Growing clean energy projects.

What moves ENLT stock

• Interest rates, since utilities carry a lot of debt.
• Decisions by regulators on prices.
• Weather and demand for power.

In the news lately

• Enlight Renewable Energy (NasdaqGS:ENLT) Stock Forecast & Analyst Predictions (Simply Wall Street)
• Results are scheduled before markets open Nov. 3; Enlight's team will discuss the outlook live. (Stock Titan)
• Enlight Renewable Energy (TASE:ENLT) Stock Valuation After Strong Recent Returns And Premium P/S Multiple (Yahoo Finance)
• Enlight Renewable Energy (NASDAQ:ENLT) Stock Price Target Lowered at Mizuho (MarketBeat)
• ENLT Maintained by Mizuho Price Target Lowered to $41.00 (GuruFocus)

Key terms to know before you follow ENLT

• Market cap
• P/E ratio
• EPS (earnings per share)
• Earnings report
• Dividend yield