Enbridge Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Enbridge stock.
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14 Wall Street research analysts have issued 12-month price objectives for Enbridge's stock. Their ENB stock forecasts range from $43.00 to $67.00. On average, they predict Enbridge's share price to reach $57.42 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price.
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Enbridge's stock was trading at $39.08 at the beginning of 2022. Since then, ENB stock has increased by 6.9% and is now trading at $41.78.
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Enbridge saw a decrease in short interest in the month of May. As of May 31st, there was short interest totaling 24,210,000 shares, a decrease of 62.0% from the May 15th total of 63,680,000 shares. Based on an average trading volume of 3,920,000 shares, the short-interest ratio is presently 6.2 days. Approximately 1.2% of the shares of the stock are sold short.
View Enbridge's Short Interest.

Enbridge is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022.
View our earnings forecast for Enbridge.

Enbridge Inc. (NYSE:ENB) announced its quarterly earnings results on Friday, May, 6th. The pipeline company reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.67 by $0.01. The pipeline company had revenue of $11.92 billion for the quarter, compared to analysts' expectations of $8.76 billion. Enbridge had a trailing twelve-month return on equity of 10.40% and a net margin of 12.20%. During the same period last year, the firm earned $0.62 earnings per share.
View Enbridge's earnings history.

Enbridge announced a quarterly dividend on Wednesday, May 4th. Stockholders of record on Friday, May 13th will be paid a dividend of $0.669 per share on Wednesday, June 1st. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date is Thursday, May 12th.
View Enbridge's dividend history.

Enbridge(NYSE:ENB) pays an annual dividend of $2.66 per share and currently has a dividend yield of 6.37%. ENB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Enbridge is 116.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Enbridge will have a dividend payout ratio of 106.40% in the coming year. This indicates that Enbridge may not be able to sustain their current dividend.
View Enbridge's dividend history.

253 employees have rated Enbridge CEO Al Monaco on Glassdoor.com. Al Monaco has an approval rating of 71% among Enbridge's employees.

Some companies that are related to Enbridge include Mplx (MPLX), Magellan Midstream Partners (MMP), HF Sinclair (DINO), Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), Delek Logistics Partners (DKL), Holly Energy Partners (HEP), Plains GP (PAGP), NuStar Energy (NS), Genesis Energy (GEL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Enbridge investors own include AT&T (T), Intel (INTC), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Exxon Mobil (XOM) and Chevron (CVX).

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

Enbridge's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.41%), GQG Partners LLC (2.35%), TD Asset Management Inc. (1.41%), 1832 Asset Management L.P. (1.11%), CIBC Asset Management Inc (1.01%) and The Manufacturers Life Insurance Company (0.99%).
View institutional ownership trends for Enbridge.

ENB stock was sold by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Cibc World Market Inc., Royal Bank of Canada, National Bank of Canada FI, Goldman Sachs Group Inc., Blackstone Inc., Toronto Dominion Bank, and Caisse DE Depot ET Placement DU Quebec.
View insider buying and selling activity for Enbridge or view top insider-selling stocks.

ENB stock was purchased by a variety of institutional investors in the last quarter, including GQG Partners LLC, The Manufacturers Life Insurance Company , JPMorgan Chase & Co., Connor Clark & Lunn Investment Management Ltd., Vanguard Group Inc., Bank of Montreal Can, Mackenzie Financial Corp, and Swiss National Bank.
View insider buying and selling activity for Enbridge or or view top insider-buying stocks.

Shares of ENB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ENB stock can currently be purchased for approximately $41.78.

Enbridge (NYSE:ENB) has a market capitalization of $84.66 billion and generates $37.55 billion in revenue each year. The pipeline company earns $4.94 billion in net income (profit) each year or $2.289990 on an earnings per share basis.

Enbridge employs 10,900 workers across the globe.

Enbridge was founded in 1949.

Enbridge's mailing address is 200 Fifth Avenue Place 425 1st Street S.W., CALGARY A0, T2P 3L8. The official website for Enbridge is www.enbridge.com. The pipeline company can be reached via phone at (403) 231-3900, via email at [email protected], or via fax at 403-231-3920.