NYSE:ENB Enbridge Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Enbridge Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $41.78 +0.98 (+2.40%) (As of 06/24/2022 06:40 PM ET) Add Compare Share Today's Range$40.93▼$41.9250-Day Range$40.49▼$47.5352-Week Range$36.21▼$47.67Volume3.21 million shsAverage Volume4.66 million shsMarket Capitalization$84.66 billionP/E Ratio18.24Dividend Yield6.37%Price Target$57.42 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ENB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Enbridge and its competitors with MarketBeat's FREE daily newsletter. Email Address ENB Stock Forecast (MarketRank)Overall MarketRank™2.22 out of 5 starsOils/Energy Sector139th out of 374 stocksPipelines, Except Natural Gas Industry8th out of 19 stocksAnalyst Opinion: 3.3Community Rank: 4.7Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 - 3.3 Analyst's Opinion Consensus RatingEnbridge has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.42, Enbridge has a forecasted upside of 37.4% from its current price of $41.78.Amount of Analyst CoverageEnbridge has only been the subject of 1 research reports in the past 90 days. Previous Next 4.7 Community Rank Outperform VotesEnbridge has received 771 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEnbridge has received 338 “underperform” votes. (Add your “underperform” vote.)Community SentimentEnbridge has received 69.52% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Enbridge and other stocks. Vote “Outperform” if you believe ENB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ENB will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipEnbridge is a leading dividend payer. It pays a dividend yield of 6.37%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnbridge does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Enbridge is 116.16%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased 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. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Enbridge insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.42% of the stock of Enbridge is held by insiders.Percentage Held by Institutions53.23% of the stock of Enbridge is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Enbridge are expected to grow by 5.04% in the coming year, from $2.38 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Enbridge is 18.24, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Enbridge is 18.24, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.31.Price to Earnings Growth RatioEnbridge has a PEG Ratio of 2.93. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEnbridge has a P/B Ratio of 1.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Enbridge (NYSE:ENB)Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.Read More ENB Stock News HeadlinesJune 22, 2022 | marketbeat.comDownturn Gives These 3 Buys Juicy Dividend Yields (ENB)Simply going after the highest yields isn't a winning strategy. Companies that have the long-term growth prospects to support those dividend payouts are ideal.May 31, 2022 | marketbeat.com3 Outperforming Energy Stocks with More in the Tank (ENB)The global energy sector climbed to new highs last week as crude oil and natural gas prices rose. Based on forward-looking earnings estimates and sell-side price targets, there appears to be a lot more in the tank for these three energy companies.June 24, 2022 | fool.comCan Enbridge Support Its Dividend? - The Motley FoolJune 22, 2022 | fool.caThe Best Energy Dividend Stock for a Lifetime of Passive Income - The Motley Fool CanadaJune 22, 2022 | usnews.comDeveloper Holds Open Houses on Proposed Tennessee Gas Line - U.S. News & World ReportJune 21, 2022 | finance.yahoo.comHere's Why Hold Strategy is Apt for Enbridge (ENB) Stock Now - Yahoo FinanceJune 19, 2022 | msn.comEnbridge to raise natural gas prices by as much as 23 per centJune 19, 2022 | americanbankingnews.comEnbridge Inc. (NYSE:ENB) Receives $57.42 Consensus PT from AnalystsJune 16, 2022 | ca.finance.yahoo.comRetirees: Here’s Why Enbridge (TSX:ENB) Is a Must-Have for Passive Income - Yahoo Canada FinanceJune 11, 2022 | ca.investing.com2 Top Stocks for RRSP Investors to Buy Now By The Motley Fool - Investing.com CanadaJune 11, 2022 | realmoney.thestreet.comThese 3 High-Dividend Canadian Stocks Are Worth a Look - RealMoneyJune 10, 2022 | ca.investing.comTax-Free Passive Income: 2 Top TSX Dividend Stocks to Buy for a Self-Directed TFSA By The Motley Fool - Investing.com CanadaJune 9, 2022 | seekingalpha.comEnbridge Stock: An Excellent SWAN Income Play For Retirees (NYSE:ENB) - Seeking AlphaSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:ENB CUSIPN/A CIK895728 Webwww.enbridge.com Phone(403) 231-3900Fax403-231-3920Employees10,900Year Founded1949Company Calendar Last Earnings5/06/2022Ex-Dividend for 6/1 Dividend5/12/2022Dividend Payable6/01/2022Today6/27/2022Next Earnings (Estimated)7/29/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$57.42 High Stock Price Forecast$67.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside+37.4%Consensus RatingModerate Buy Rating Score (0-4)2.57142857142857 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$2.289990 Trailing P/E Ratio18.24 Forward P/E Ratio17.55 P/E Growth2.93Net Income$4.94 billion Net Margins12.20% Pretax Margin15.78% Return on Equity10.40% Return on Assets3.56% Debt Debt-to-Equity Ratio1.23 Current Ratio0.68 Quick Ratio0.60 Sales & Book Value Annual Sales$37.55 billion Price / Sales2.25 Cash Flow$3.70 per share Price / Cash Flow11.28 Book Value$21.90 per share Price / Book1.91Miscellaneous Outstanding Shares2,026,382,000Free Float2,017,871,000Market Cap$84.66 billion OptionableOptionable Beta0.77 Social Links Enbridge Frequently Asked Questions Should I buy or sell Enbridge stock right now? 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. View analyst ratings for Enbridge or view top-rated stocks. What is Enbridge's stock price forecast for 2022? 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. View analysts' price targets for Enbridge or view top-rated stocks among Wall Street analysts. How has Enbridge's stock price performed in 2022? 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. View the best growth stocks for 2022 here. Are investors shorting Enbridge? 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. When is Enbridge's next earnings date? Enbridge is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022. View our earnings forecast for Enbridge. How were Enbridge's earnings last quarter? 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. How often does Enbridge pay dividends? What is the dividend yield for Enbridge? 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. Is Enbridge a good dividend stock? 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. Who are Enbridge's key executives? Enbridge's management team includes the following people: Mr. Al Monaco, Pres, CEO & Director (Age 62, Pay $5.04M)Mr. Dai-Chung Yu, Exec. VP of Corp. Devel. & CFO (Age 55, Pay $1.42M)Mr. Robert R. Rooney Q.C., LLB, QC, Exec. VP & Chief Legal Officer (Age 65, Pay $1.15M)Mr. Colin Kenneth Gruending, Exec. VP & Pres of Liquids Pipelines (Age 52, Pay $1.38M)Ms. Cynthia Lynn Hansen, Exec. VP and Pres of Gas Transmission & Midstream (Age 57, Pay $1.06M)Mr. David Wayne Bryson, Sr. VP and COO of Gas Transmission & Midstream (Age 55)Mr. Patrick Robert Murray, Sr. VP & Chief Accounting Officer (Age 46)Mr. Bhushan N. Ivaturi, Sr. VP & Chief Information OfficerJonathan Morgan, VP of Investor RelationsMr. Tyler Wade Robinson, VP & Chief Compliance Officer What is Al Monaco's approval rating as Enbridge's CEO? 253 employees have rated Enbridge CEO Al Monaco on Glassdoor.com. Al Monaco has an approval rating of 71% among Enbridge's employees. Who are some of Enbridge's key competitors? 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). View all of ENB's competitors. What other stocks do shareholders of Enbridge own? 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). What is Enbridge's stock symbol? Enbridge trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENB." Who are Enbridge's major shareholders? 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. Which major investors are selling Enbridge stock? 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. Which major investors are buying Enbridge stock? 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. How do I buy shares of Enbridge? 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. Compare Top Brokerages Here. What is Enbridge's stock price today? One share of ENB stock can currently be purchased for approximately $41.78. How much money does Enbridge make? 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. How many employees does Enbridge have? Enbridge employs 10,900 workers across the globe. When was Enbridge founded? Enbridge was founded in 1949. How can I contact Enbridge? 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. This page (NYSE:ENB) was last updated on 6/27/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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