NYSE:ENB Enbridge - ENB 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. $40.69 -0.03 (-0.07%) (As of 02/2/2023 10:34 AM ET) Add Compare Share Share Today's Range$40.53▼$40.9850-Day Range$37.90▼$41.9252-Week Range$35.02▼$47.67Volume517,958 shsAverage Volume2.75 million shsMarket Capitalization$82.39 billionP/E Ratio19.28Dividend Yield6.31%Price Target$58.90 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Enbridge MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside44.6% Upside$58.90 Price TargetShort InterestHealthy1.90% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.36Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth5.00%From $2.20 to $2.31 Per ShareSee Full Details Hide Full Details 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 starsOils/Energy Sector94th out of 241 stocksPipelines, Except Natural Gas Industry4th out of 11 stocks 3.2 Analyst's Opinion Consensus RatingEnbridge has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.90, Enbridge has a forecasted upside of 44.6% from its current price of $40.72.Amount of Analyst CoverageEnbridge has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.90% of the float of Enbridge has been sold short.Short Interest Ratio / Days to CoverEnbridge has a short interest ratio ("days to cover") of 10.9, which indicates bearish sentiment.Change versus previous monthShort interest in Enbridge has recently decreased by 24.38%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEnbridge is a leading dividend payer. It pays a dividend yield of 6.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnbridge has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Enbridge is 122.75%. 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 112.12% in the coming year. This indicates that Enbridge may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENB. Previous Next 2.4 News and Social Media Coverage News SentimentEnbridge has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Enbridge this week, compared to 6 articles on an average week.Search InterestOnly 110 people have searched for ENB on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.MarketBeat Follows39 people have added Enbridge to their MarketBeat watchlist in the last 30 days. This is an increase of 56% compared to the previous 30 days. 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 Institutions49.25% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Enbridge are expected to grow by 5.00% in the coming year, from $2.20 to $2.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Enbridge is 19.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Enbridge is 19.30, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.72.Price to Earnings Growth RatioEnbridge has a PEG Ratio of 2.96. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEnbridge has a P/B Ratio of 1.86. 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) StockEnbridge, 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 GeneratRead More 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 News HeadlinesJanuary 12, 2023 | marketbeat.comKeep a 6.7%+ Dividend Flowing in This Top Pipeline StockJanuary 31, 2023 | americanbankingnews.comEnbridge Inc. Forecasted to Post FY2023 Earnings of $2.12 Per Share (NYSE:ENB)February 2, 2023 | Tradewins (Ad)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! January 30, 2023 | americanbankingnews.comEnbridge (NYSE:ENB) Price Target Raised to C$56.00January 30, 2023 | americanbankingnews.comEnbridge Inc. (NYSE:ENB) Receives Consensus Rating of "Hold" from AnalystsJanuary 26, 2023 | marketwatch.comEnbridge Inc. stock falls Tuesday, underperforms marketJanuary 26, 2023 | fool.caCould Enbridge Be a Big Winner in 2023?January 26, 2023 | marketwatch.comEnbridge Inc. stock falls Wednesday, underperforms marketFebruary 2, 2023 | Tradewins (Ad)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! January 26, 2023 | seekingalpha.comEnbridge: A 6.3% Yielding Buffett-Style Dividend AristocratJanuary 26, 2023 | americanbankingnews.comStock Traders Buy High Volume of Enbridge Put Options (NYSE:ENB)January 26, 2023 | americanbankingnews.comBMO Capital Markets Downgrades Enbridge (NYSE:ENB) to Market PerformJanuary 19, 2023 | finance.yahoo.comEnbridge Inc. (TSE:ENB) is a favorite amongst institutional investors who own 52%January 18, 2023 | finanznachrichten.deEnbridge: Cooking Up Growth Opportunities in IndianaJanuary 18, 2023 | msn.comHousing program receives smoke alarms donated to London Fire DepartmentJanuary 18, 2023 | seekingalpha.comEnbridge: Stepping Up To Higher Yields For These 7%+ PreferredsJanuary 18, 2023 | finance.yahoo.comTop Dividend Stock: Enbridge Shines With 6.3% Yield and 28 Years of Dividend GrowthJanuary 17, 2023 | finance.yahoo.comEnbridge (ENB) Stock Moves -0.19%: What You Should KnowJanuary 2, 2023 | finance.yahoo.com3 Top Dividend Stocks I Can't Wait to Buy in 2023December 28, 2022 | finance.yahoo.comEnbridge resolves unplanned outages on its Texas Eastern gas lineDecember 28, 2022 | finance.yahoo.comUPDATE 1-Enbridge resolves unplanned outages on its Texas Eastern gas lineDecember 24, 2022 | msn.comShould You Buy Enbridge Stock or Royal Bank Stock for Passive Income and Total Returns?December 21, 2022 | finance.yahoo.comAdvanced Technology for Advanced Search and Rescue OperationsDecember 18, 2022 | finance.yahoo.comReturns Are Gaining Momentum At Enbridge (TSE:ENB)December 9, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights The Home Depot, Diageo, Enbridge, eBay, and Laboratory Corporation of AmericaDecember 5, 2022 | finance.yahoo.comWomen Making Small Gains, but Still Troublingly Under-Represented in the C-SuiteNovember 30, 2022 | ca.finance.yahoo.comEnbridge sees higher 2023 profit, joins Occidental on carbon capture projectSee More Headlines 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 Company Calendar Last Earnings11/04/2022Ex-Dividend for 12/1 Dividend11/14/2022Dividend Payable12/01/2022Today2/02/2023Next Earnings (Confirmed)2/10/2023Ex-Dividend for 3/1 Dividend2/14/2023Dividend Payable3/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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 Founded1949Price 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 RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.11 Trailing P/E Ratio19.28 Forward P/E Ratio18.50 P/E Growth2.96Net Income$4.94 billion Net Margins11.07% Pretax Margin14.39% Return on Equity10.60% Return on Assets3.54% Debt Debt-to-Equity Ratio1.22 Current Ratio0.60 Quick Ratio0.47 Sales & Book Value Annual Sales$37.55 billion Price / Sales2.19 Cash Flow$3.68 per share Price / Cash Flow11.06 Book Value$21.90 per share Price / Book1.86Miscellaneous Outstanding Shares2,024,900,000Free Float2,016,390,000Market Cap$82.39 billion OptionableOptionable Beta0.85 Social Links Key ExecutivesGregory Lorne EbelPresident, Chief Executive Officer & DirectorVern D. YuChief Financial Officer & Executive Vice PresidentBhushan N. IvaturiChief Information Officer & Senior Vice PresidentLisa D WilsonChief Compliance Officer & Vice PresidentColin K. GruendingExecutive VP, President-Liquid PipelineKey CompetitorsMplxNYSE:MPLXSchlumbergerNYSE:SLBEOG ResourcesNYSE:EOGPetróleo Brasileiro S.A. - PetrobrasNYSE:PBREquinor ASANYSE:EQNRView All CompetitorsInsiders & InstitutionsHudson Valley Investment Advisors Inc. ADVSold 560 shares on 2/1/2023Ownership: 0.003%CWM LLCSold 718 shares on 2/1/2023Ownership: 0.002%Great Valley Advisor Group Inc.Bought 582 shares on 2/1/2023Ownership: 0.001%Groesbeck Investment Management Corp NJSold 486 shares on 2/1/2023Ownership: 0.000%Castleview Partners LLCBought 352 shares on 2/1/2023Ownership: 0.000%View All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free 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. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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