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PYPL   86.27 (+4.05%)
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QQQ   308.42 (+2.49%)
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MSFT   258.24 (+2.17%)
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GOOGL   106.71 (+6.25%)
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TSLA   189.48 (+4.45%)
NVDA   213.73 (+2.05%)
NIO   12.03 (-0.58%)
BABA   109.29 (-3.13%)
AMD   87.04 (+2.84%)
T   20.25 (+0.35%)
MU   62.72 (+0.19%)
F   14.18 (+2.83%)
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GE   82.35 (+0.04%)
DIS   110.60 (+1.11%)
AMC   6.16 (+7.88%)
PFE   43.70 (-0.61%)
PYPL   86.27 (+4.05%)
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NYSE:ENB

Enbridge - ENB Stock Forecast, Price & News

$40.69
-0.03 (-0.07%)
(As of 02/2/2023 10:34 AM ET)
Add
Compare
Today's Range
$40.53
$40.98
50-Day Range
$37.90
$41.92
52-Week Range
$35.02
$47.67
Volume
517,958 shs
Average Volume
2.75 million shs
Market Capitalization
$82.39 billion
P/E Ratio
19.28
Dividend Yield
6.31%
Price Target
$58.90

Enbridge MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
44.6% Upside
$58.90 Price Target
Short Interest
Healthy
1.90% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.36mentions of Enbridge in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.00%
From $2.20 to $2.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Oils/Energy Sector

94th out of 241 stocks

Pipelines, Except Natural Gas Industry

4th out of 11 stocks


ENB stock logo

About Enbridge (NYSE:ENB) Stock

Enbridge, Inc. engages in the provision of gas and oil businesses. It operates through the following segments: Liquid Pipelines, Gas Distribution & Storage, Gas Transmission & Midstream, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment consists of common carrier and contract crude oil, natural gas liquids and refined products pipelines and terminals in Canada and the U.S., including Canadian Mainline, Regional Oil Sands System, Southern Lights Pipeline, Spearhead Pipeline, Seaway Crude Pipeline interest, and other feeder pipelines. The Gas Distribution & Storage segment consists of natural gas utility operations, the core of which is Enbridge gas, which serves residential, commercial and industrial customers. It also includes natural gas distribution activities in Quebec and an investment in Noverco, which holds a majority interest in a subsidiary entity engaged in distribution and energy transportation primarily in Quebec. The Gas Transmission & Midstream segment consists of investments in natural gas pipelines, processing and green energy projects, the company's commodity marketing businesses, and international activities. The Renewable Power Generat

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ENB Stock News Headlines

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Enbridge (NYSE:ENB) Price Target Raised to C$56.00
Could Enbridge Be a Big Winner in 2023?
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Stock Traders Buy High Volume of Enbridge Put Options (NYSE:ENB)
Enbridge: Cooking Up Growth Opportunities in Indiana
Enbridge (ENB) Stock Moves -0.19%: What You Should Know
3 Top Dividend Stocks I Can't Wait to Buy in 2023
Returns Are Gaining Momentum At Enbridge (TSE:ENB)
See More Headlines
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ENB Company Calendar

Last Earnings
11/04/2022
Ex-Dividend for 12/1 Dividend
11/14/2022
Dividend Payable
12/01/2022
Today
2/02/2023
Next Earnings (Confirmed)
2/10/2023
Ex-Dividend for 3/1 Dividend
2/14/2023
Dividend Payable
3/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
10,900
Year Founded
1949

Price Target and Rating

Average Stock Price Forecast
$58.90
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$52.00
Forecasted Upside/Downside
+44.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$4.94 billion
Pretax Margin
14.39%

Debt

Sales & Book Value

Annual Sales
$37.55 billion
Cash Flow
$3.68 per share
Book Value
$21.90 per share

Miscellaneous

Outstanding Shares
2,024,900,000
Free Float
2,016,390,000
Market Cap
$82.39 billion
Optionable
Optionable
Beta
0.85

Social Links


Key Executives

  • Gregory Lorne Ebel
    President, Chief Executive Officer & Director
  • Vern D. Yu
    Chief Financial Officer & Executive Vice President
  • Bhushan N. Ivaturi
    Chief Information Officer & Senior Vice President
  • Lisa D Wilson
    Chief Compliance Officer & Vice President
  • Colin K. Gruending
    Executive VP, President-Liquid Pipeline













ENB Stock - Frequently Asked Questions

Should I buy or sell Enbridge stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ENB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENB, but not buy additional shares or sell existing shares.
View ENB analyst ratings
or view top-rated stocks.

What is Enbridge's stock price forecast for 2023?

6 Wall Street research analysts have issued 12-month target prices for Enbridge's stock. Their ENB share price forecasts range from $52.00 to $65.00. On average, they predict the company's stock price to reach $58.90 in the next year. This suggests a possible upside of 44.6% from the stock's current price.
View analysts price targets for ENB
or view top-rated stocks among Wall Street analysts.

How have ENB shares performed in 2023?

Enbridge's stock was trading at $39.10 at the beginning of the year. Since then, ENB stock has increased by 4.1% and is now trading at $40.72.
View the best growth stocks for 2023 here
.

Are investors shorting Enbridge?

Enbridge saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 38,360,000 shares, a drop of 24.4% from the December 31st total of 50,730,000 shares. Based on an average daily trading volume, of 3,520,000 shares, the short-interest ratio is presently 10.9 days. Currently, 1.9% of the company's shares are short sold.
View Enbridge's Short Interest
.

When is Enbridge's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 10th 2023.
View our ENB earnings forecast
.

How can I listen to Enbridge's earnings call?

Enbridge will be holding an earnings conference call on Friday, February 10th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Enbridge's earnings last quarter?

Enbridge Inc. (NYSE:ENB) posted its quarterly earnings results on Friday, November, 4th. The pipeline company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.50 by $0.01. The pipeline company had revenue of $8.87 billion for the quarter. Enbridge had a net margin of 11.07% and a trailing twelve-month return on equity of 10.60%.

How often does Enbridge pay dividends? What is the dividend yield for Enbridge?

Enbridge announced a quarterly dividend on Wednesday, November 30th. Stockholders of record on Wednesday, February 15th will be paid a dividend of $0.6538 per share on Wednesday, March 1st. This represents a $2.62 dividend on an annualized basis and a yield of 6.42%. The ex-dividend date of this dividend is Tuesday, February 14th. This is a boost from the stock's previous quarterly dividend of $0.63.
Read our dividend analysis for ENB
.

Is Enbridge a good dividend stock?

Enbridge (NYSE:ENB) pays an annual dividend of $2.59 per share and currently has a dividend yield of 6.38%. ENB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 122.75%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ENB will have a dividend payout ratio of 112.12% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ENB.

What guidance has Enbridge issued on next quarter's earnings?

Enbridge updated its FY23 earnings guidance on Wednesday, November, 30th. The company provided EPS guidance of $3.44-3.55 for the period, compared to the consensus earnings per share estimate of $3.10.

What is Al Monaco's approval rating as Enbridge's CEO?

253 employees have rated Enbridge Chief Executive Officer Al Monaco on Glassdoor.com. Al Monaco has an approval rating of 71% among the company's employees.

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 a variety of institutional and retail investors. Top institutional investors include National Bank of Canada FI (0.84%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Montrusco Bolton Investments Inc. (0.15%), Bank of Montreal Can (0.00%), DAVENPORT & Co LLC (0.10%) and Addenda Capital Inc. (0.08%).
View institutional ownership trends
.

How do I buy shares of Enbridge?

Shares of ENB stock 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 $40.72.

How much money does Enbridge make?

Enbridge (NYSE:ENB) has a market capitalization of $82.45 billion and generates $37.55 billion in revenue each year. The pipeline company earns $4.94 billion in net income (profit) each year or $2.11 on an earnings per share basis.

How many employees does Enbridge have?

The company employs 10,900 workers across the globe.

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 the company is www.enbridge.com. The pipeline company can be reached via phone at (403) 231-3900, via email at investor.relations@enbridge.com, or via fax at 403-231-3920.

This page (NYSE:ENB) was last updated on 2/2/2023 by MarketBeat.com Staff