NYSE:ENB

Enbridge Stock Forecast, Price & News

$36.80
-0.58 (-1.55 %)
(As of 04/20/2021 12:00 AM ET)
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Today's Range
$36.73
Now: $36.80
$37.34
50-Day Range
$34.75
MA: $36.48
$37.38
52-Week Range
$26.97
Now: $36.80
$37.58
Volume3.87 million shs
Average Volume4.80 million shs
Market Capitalization$74.54 billion
P/E Ratio51.83
Dividend Yield6.98%
Beta0.82
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.
Enbridge logo

Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
CUSIPN/A
Phone403-231-3900
Employees11,200
Year Founded1949

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$37.73 billion
Cash Flow$3.61 per share
Book Value$22.95 per share

Profitability

Net Income$4.30 billion

Miscellaneous

Outstanding Shares2,025,545,000
Market Cap$74.54 billion
Next Earnings Date5/7/2021 (Confirmed)
OptionableOptionable

Headlines

Enbridge (NYSE:ENB) Reaches New 12-Month High at $37.33
April 15, 2021 |  americanbankingnews.com
High-Yielding Enbridge Has It All - Seeking Alpha
April 13, 2021 |  seekingalpha.com
How Risky Is Enbridge? - Motley Fool
April 13, 2021 |  fool.com
How Risky Is Enbridge?
April 13, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.18 out of 5 stars

Oils/Energy Sector

30th out of 667 stocks

Pipelines, Except Natural Gas Industry

3rd out of 19 stocks

Analyst Opinion: 4.5Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
$36.80
-0.58 (-1.55 %)
(As of 04/20/2021 12:00 AM ET)
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Enbridge (NYSE:ENB) Frequently Asked Questions

Is Enbridge a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Enbridge stock.
View analyst ratings for Enbridge
or view top-rated stocks.

What stocks does MarketBeat like better than Enbridge?

Wall Street analysts have given Enbridge a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Enbridge wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Enbridge's next earnings date?

Enbridge is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for Enbridge
.

How can I listen to Enbridge's earnings call?

Enbridge will be holding an earnings conference call on Friday, May 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Enbridge's earnings last quarter?

Enbridge Inc. (NYSE:ENB) released its quarterly earnings data on Thursday, February, 11th. The pipeline company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.46 by $0.10. The pipeline company earned $7.68 billion during the quarter, compared to the consensus estimate of $10.04 billion. Enbridge had a trailing twelve-month return on equity of 8.50% and a net margin of 5.57%. During the same period in the prior year, the company posted $0.61 EPS.
View Enbridge's earnings history
.

How has Enbridge's stock been impacted by COVID-19?

Enbridge's stock was trading at $31.19 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ENB stock has increased by 18.0% and is now trading at $36.80.
View which stocks have been most impacted by COVID-19
.

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

Enbridge declared a quarterly dividend on Wednesday, December 9th. Investors of record on Friday, February 12th will be given a dividend of $0.6523 per share on Monday, March 1st. This represents a $2.61 dividend on an annualized basis and a yield of 7.09%. The ex-dividend date is Thursday, February 11th. This is an increase from Enbridge's previous quarterly dividend of $0.62.
View Enbridge's dividend history
.

Is Enbridge a good dividend stock?

Enbridge pays an annual dividend of $2.61 per share and currently has a dividend yield of 6.98%. ENB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Enbridge does not yet have a strock track record of dividend growth. The dividend payout ratio of Enbridge is 130.50%. 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 127.32% in the coming year. This indicates that Enbridge may not be able to sustain their current dividend.
View Enbridge's dividend history.

What price target have analysts set for ENB?

11 brokers have issued 12 month price objectives for Enbridge's stock. Their forecasts range from $46.00 to $57.00. On average, they anticipate Enbridge's stock price to reach $52.00 in the next year. This suggests a possible upside of 41.3% from the stock's current price.
View analysts' price targets for Enbridge
or view top-rated stocks among Wall Street analysts.

Who are Enbridge's key executives?

Enbridge's management team includes the following people:
  • Mr. Al Monaco, Pres, CEO & Director (Age 61)
  • Mr. Colin Kenneth Gruending, Exec. VP & CFO (Age 51) (LinkedIn Profile)
  • Mr. Dai-Chung Yu, Exec. VP & Pres of Liquids Pipelines (Age 54)
  • Mr. William Turner Yardley, Exec. VP and Pres of Gas Transmission & Midstream (Age 56) (LinkedIn Profile)
  • Mr. Patrick Robert Murray, Sr. VP & Chief Accounting Officer (Age 45)
  • Bhushan N. Ivaturi, Sr. VP & Chief Information Officer
  • Jonathan Morgan, VP of Investor Relations
  • Mr. Tyler Wade Robinson, VP & Chief Compliance Officer
  • Mr. Robert R. Rooney Q.C., LLB, QC, Exec. VP & Chief Legal Officer (Age 64, Pay $951.89k) (LinkedIn Profile)
  • Roxanna Benoit, VP of Public Affairs, Communications & Sustainability

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?

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 retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.12%), QV Investors Inc. (0.08%), Bartlett & Co. LLC (0.08%), Hennessy Advisors Inc. (0.04%), Nexus Investment Management ULC (0.03%) and Thomasville National Bank (0.02%).
View institutional ownership trends for Enbridge
.

Which institutional investors are selling Enbridge stock?

ENB stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Chickasaw Capital Management LLC, Hennessy Advisors Inc., QV Investors Inc., Spirit of America Management Corp NY, FDx Advisors Inc., MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, and Global Trust Asset Management LLC.
View insider buying and selling activity for Enbridge
or view top insider-selling stocks.

Which institutional investors are buying Enbridge stock?

ENB stock was bought by a variety of institutional investors in the last quarter, including Bartlett & Co. LLC, Sound Income Strategies LLC, Morgan Dempsey Capital Management LLC, Foundations Investment Advisors LLC, Jacobs & Co. CA, First Bank & Trust, InTrack Investment Management Inc, and Fulton Bank N.A..
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 $36.80.

How much money does Enbridge make?

Enbridge has a market capitalization of $74.54 billion and generates $37.73 billion in revenue each year. The pipeline company earns $4.30 billion in net income (profit) each year or $2.00 on an earnings per share basis.

How many employees does Enbridge have?

Enbridge employs 11,200 workers across the globe.

When was Enbridge founded?

Enbridge was founded in 1949.

What is Enbridge's official website?

The official website for Enbridge is www.enbridge.com.

Where are Enbridge's headquarters?

Enbridge is headquartered at 200 Fifth Avenue Place 425 1st Street S.W., CALGARY A0, T2P 3L8.

How can I contact Enbridge?

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]


This page was last updated on 4/20/2021 by MarketBeat.com Staff
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