S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Why is Russia reopening dormant copper mines? (Ad)
Is Salesforce Stock a Bargain Down Here?
Tesla Shares Are Sliding, Here’s Why
Why is Russia reopening dormant copper mines? (Ad)
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Lockheed teams with Israel's Rafael on laser defense
Why is Russia reopening dormant copper mines? (Ad)
Russian oil price cap, EU ban aim to limit Kremlin war chest
World Cup fans find booze at hotels, Qatar's 1 liquor store
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Why is Russia reopening dormant copper mines? (Ad)
Is Salesforce Stock a Bargain Down Here?
Tesla Shares Are Sliding, Here’s Why
Why is Russia reopening dormant copper mines? (Ad)
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Lockheed teams with Israel's Rafael on laser defense
Why is Russia reopening dormant copper mines? (Ad)
Russian oil price cap, EU ban aim to limit Kremlin war chest
World Cup fans find booze at hotels, Qatar's 1 liquor store
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Why is Russia reopening dormant copper mines? (Ad)
Is Salesforce Stock a Bargain Down Here?
Tesla Shares Are Sliding, Here’s Why
Why is Russia reopening dormant copper mines? (Ad)
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Lockheed teams with Israel's Rafael on laser defense
Why is Russia reopening dormant copper mines? (Ad)
Russian oil price cap, EU ban aim to limit Kremlin war chest
World Cup fans find booze at hotels, Qatar's 1 liquor store
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Why is Russia reopening dormant copper mines? (Ad)
Is Salesforce Stock a Bargain Down Here?
Tesla Shares Are Sliding, Here’s Why
Why is Russia reopening dormant copper mines? (Ad)
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Lockheed teams with Israel's Rafael on laser defense
Why is Russia reopening dormant copper mines? (Ad)
Russian oil price cap, EU ban aim to limit Kremlin war chest
World Cup fans find booze at hotels, Qatar's 1 liquor store
NYSE:ENB

Enbridge - ENB Stock Forecast, Price & News

$39.92
-0.69 (-1.70%)
(As of 12/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$39.84
$40.83
50-Day Range
$35.62
$41.82
52-Week Range
$35.02
$47.67
Volume
2.55 million shs
Average Volume
4.02 million shs
Market Capitalization
$80.83 billion
P/E Ratio
18.92
Dividend Yield
6.38%
Price Target
$60.22

Enbridge MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
50.9% Upside
$60.22 Price Target
Short Interest
Bearish
5.33% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of Enbridge in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.48%
From $2.14 to $2.30 Per Share

Overall MarketRank

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

2.16 out of 5 stars

Oils/Energy Sector

133rd out of 246 stocks

Pipelines, Except Natural Gas Industry

5th out of 13 stocks

ENB stock logo

About Enbridge (NYSE:ENB) Stock

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.

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.

ENB Stock News Headlines

3 Natural Gas Stocks That Offer Great Dividend Yields (ENB)
This article highlights three top midstream companies for investors to consider. Each offers a healthy dividend and a chance for some share price appreciation
China Threat Triggers Potential Mining Boom for Investors
China has almost a 90% lock on critical minerals needed to produce our military, mobile, and green technologies. Mining companies are scrambling to find domestic sources to break China's chokehold on supply chains. Nevada, Idaho and Montana are key to securing a domestic supply.
Enbridge Target of Unusually Large Options Trading (NYSE:ENB)
Enbridge (NYSE:ENB) Releases FY23 Earnings Guidance
Why is Russia reopening dormant copper mines?
In deepest Siberia, Russian oligarchs are pouring $15 billion into two long-dormant copper mines with close access to the lucrative China market. Copper is essential to the West's plans to transition to green energy and Russia has the third-largest reserves in the world. Is Putin making a move to corner the copper market? New sources of copper – outside Russia – are desperately needed for the West to win its war for energy independence.
3 High-Yield Passive-Income Powerhouse Stocks to Buy Now
Enbridge (ENB) Q3 2022 Earnings Call Transcript
5 Things to Know About Enbridge Stock
See More Headlines
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.

ENB Company Calendar

Last Earnings
11/05/2021
Ex-Dividend for 12/1 Dividend
11/14/2022
Dividend Payable
12/01/2022
Today
12/05/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/10/2023

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
$60.22
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$56.00
Forecasted Upside/Downside
+50.9%
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
$3.64 per share
Book Value
$21.90 per share

Miscellaneous

Outstanding Shares
2,024,820,000
Free Float
2,016,316,000
Market Cap
$80.83 billion
Optionable
Optionable
Beta
0.82

Social Links


Key Executives

  • Mr. Al MonacoMr. Al Monaco (Age 62)
    Pres, CEO & Director
    Comp: $4.74M
  • Mr. Dai-Chung Yu (Age 55)
    Exec. VP of Corp. Devel. & CFO
    Comp: $1.33M
  • Mr. Robert R. Rooney Q.C. (Age 65)
    LLB, QC, Exec. VP & Chief Legal Officer
    Comp: $1.08M
  • Mr. Colin Kenneth Gruending (Age 52)
    Exec. VP & Pres of Liquids Pipelines
    Comp: $1.3M
  • Ms. Cynthia Lynn Hansen (Age 57)
    Exec. VP and Pres of Gas Transmission & Midstream
    Comp: $995.2k
  • Mr. David Wayne BrysonMr. David Wayne Bryson (Age 55)
    Sr. VP and COO of Gas Transmission & Midstream
  • Mr. Patrick Robert Murray (Age 46)
    Sr. VP & Chief Accounting Officer
  • Mr. Bhushan N. Ivaturi
    Sr. VP & Chief Information Officer
  • Jonathan Morgan
    VP of Investor Relations
  • Mr. Tyler Wade Robinson
    VP & Chief Compliance Officer













ENB Stock - Frequently Asked Questions

Should I buy or sell Enbridge stock right now?

6 Wall Street equities research 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 equities research 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 brokers have issued 1-year price targets for Enbridge's stock. Their ENB share price forecasts range from $56.00 to $65.00. On average, they predict the company's stock price to reach $60.22 in the next year. This suggests a possible upside of 50.9% 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 2022?

Enbridge's stock was trading at $39.08 on January 1st, 2022. Since then, ENB stock has increased by 2.1% and is now trading at $39.91.
View the best growth stocks for 2022 here
.

Are investors shorting Enbridge?

Enbridge saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 107,610,000 shares, an increase of 40.7% from the October 31st total of 76,500,000 shares. Based on an average daily volume of 3,610,000 shares, the short-interest ratio is currently 29.8 days. Currently, 5.3% of the shares of the stock are sold short.
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 were Enbridge's earnings last quarter?

Enbridge Inc. (NYSE:ENB) announced its quarterly earnings data on Friday, November, 5th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.01. The pipeline company earned $9.11 billion during the quarter, compared to analyst estimates of $9.68 billion. Enbridge had a trailing twelve-month return on equity of 10.60% and a net margin of 11.07%. During the same quarter in the previous year, the business posted $0.36 EPS.

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

Enbridge declared a quarterly dividend on Wednesday, November 30th. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.6538 per share on Wednesday, March 1st. This represents a $2.62 dividend on an annualized basis and a dividend yield of 6.55%. 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 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 112.61% 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 earnings per share 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.62%), TD Asset Management Inc. (1.45%), The Manufacturers Life Insurance Company (1.00%), Mackenzie Financial Corp (0.94%), CIBC Asset Management Inc (0.91%) and Toronto Dominion Bank (0.79%).
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 $39.91.

How much money does Enbridge make?

Enbridge (NYSE:ENB) has a market capitalization of $80.81 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 12/6/2022 by MarketBeat.com Staff