NYSE:ENB - Enbridge Stock Price, Forecast & News

Enbridge trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENB."

Enbridge declared a quarterly dividend on Wednesday, November 6th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.561 per share on Sunday, December 1st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date is Thursday, November 14th. This is a boost from Enbridge's previous quarterly dividend of $0.56. View Enbridge's Dividend History.

Enbridge Inc (NYSE:ENB) announced its quarterly earnings data on Friday, November, 8th. The pipeline company reported $0.42 EPS for the quarter, hitting analysts' consensus estimates of $0.42. The pipeline company had revenue of $8.79 billion for the quarter, compared to analysts' expectations of $11.65 billion. Enbridge had a return on equity of 8.31% and a net margin of 12.07%. During the same quarter last year, the company earned $0.55 earnings per share. View Enbridge's Earnings History.

Enbridge is scheduled to release their next quarterly earnings announcement on Friday, February 21st 2020. View Earnings Estimates for Enbridge.

15 analysts have issued 1-year price targets for Enbridge's stock. Their forecasts range from $35.75 to $56.00. On average, they anticipate Enbridge's stock price to reach $47.64 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price. View Analyst Price Targets for Enbridge.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Enbridge.

Media coverage about ENB stock has been trending extremely positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Enbridge earned a media sentiment score of 4.1 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Enbridge.

Enbridge saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 19,360,000 shares, an increase of 70.3% from the October 31st total of 11,370,000 shares. Based on an average trading volume of 3,190,000 shares, the short-interest ratio is presently 6.1 days. Currently, 1.0% of the company's shares are sold short. View Enbridge's Current Options Chain.

Some companies that are related to Enbridge include Mplx (MPLX), Magellan Midstream Partners (MMP), Phillips 66 Partners (PSXP), Plains All American Pipeline (PAA), Buckeye Partners (BPL), Shell Midstream Partners (SHLX), Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), PBF Logistics (PBFX), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL) and Blueknight Energy Partners (BKEP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Enbridge investors own include AT&T (T), Intel (INTC), Enterprise Products Partners (EPD), AbbVie (ABBV), Verizon Communications (VZ), Energy Transfer LP Unit (ET), Exxon Mobil (XOM), Cisco Systems (CSCO), Kinder Morgan (KMI) and Pfizer (PFE).

Enbridge's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include CIBC Asset Management Inc (1.05%), Great West Life Assurance Co. Can (0.64%), Massachusetts Financial Services Co. MA (0.44%), Zimmer Partners LP (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.35%) and Alberta Investment Management Corp (0.26%). Company insiders that own Enbridge stock include Albert Monaco, Allen C Capps, Byron C Neiles, Cynthia L Hansen, Michael E J Phelps, Robert R Rooney and William T Yardley. View Institutional Ownership Trends for Enbridge.

ENB stock was sold by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., CIBC Asset Management Inc, QV Investors Inc., Millennium Management LLC, Kayne Anderson Capital Advisors LP, Chemung Canal Trust Co., Greystone Managed Investments Inc. and Duff & Phelps Investment Management Co.. Company insiders that have sold Enbridge company stock in the last year include Allen C Capps, Byron C Neiles and William T Yardley. View Insider Buying and Selling for Enbridge.

ENB stock was acquired by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Alberta Investment Management Corp, Ilmarinen Mutual Pension Insurance Co, Russell Investments Group Ltd., St. James Investment Company LLC, Massachusetts Financial Services Co. MA, Bartlett & Co. LLC and Envestnet Asset Management Inc.. Company insiders that have bought Enbridge stock in the last two years include Albert Monaco, Cynthia L Hansen and Robert R Rooney. View Insider Buying and Selling for Enbridge.

Shares of ENB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ENB stock can currently be purchased for approximately $38.51.

Enbridge has a market capitalization of $77.94 billion and generates $35.78 billion in revenue each year. The pipeline company earns $2.22 billion in net income (profit) each year or $2.05 on an earnings per share basis. Enbridge employs 12,000 workers across the globe.View Additional Information About Enbridge.

The official website for Enbridge is http://www.enbridge.com/.

Enbridge's mailing address is 200 Fifth Avenue Place 425 1st Street S.W., CALGARY A0, T2P 3L8. The pipeline company can be reached via phone at 403-231-3900 or via email at [email protected]