Enbridge Stock Forecast, Price & News

$38.87
-0.78 (-1.97 %)
(As of 09/20/2021 12:00 AM ET)
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Today's Range
$38.56
$39.31
50-Day Range
$37.31
$40.41
52-Week Range
$26.97
$41.13
Volume5.78 million shs
Average Volume4.26 million shs
Market Capitalization$78.74 billion
P/E Ratio16.75
Dividend Yield6.73%
Beta0.86
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About Enbridge

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 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 that 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 comprises of investments in natural gas pipelines, processing and green energy projects, the company's commodity marketing businesses, and international activities. The Renewable Power Generation

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MarketRank

Overall MarketRank

2.57 out of 5 stars

Oils/Energy Sector

51st out of 346 stocks

Pipelines, Except Natural Gas Industry

3rd out of 20 stocks

Analyst Opinion: 4.4Community Rank: 4.7Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
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Enbridge (NYSE:ENB) Frequently Asked Questions

Is Enbridge a buy right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Enbridge wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Enbridge?

Enbridge saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 8,700,000 shares, a drop of 55.9% from the August 15th total of 19,730,000 shares. Based on an average trading volume of 3,550,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.4% of the company's shares are short sold.
View Enbridge's Short Interest
.

When is Enbridge's next earnings date?

Enbridge is scheduled to release its next quarterly earnings announcement on Friday, November 5th 2021.
View our earnings forecast for Enbridge
.

How were Enbridge's earnings last quarter?

Enbridge Inc. (NYSE:ENB) issued its quarterly earnings data on Thursday, July, 29th. The pipeline company reported $0.67 EPS for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.11. The pipeline company earned $8.91 billion during the quarter, compared to analyst estimates of $9 billion. Enbridge had a trailing twelve-month return on equity of 9.24% and a net margin of 14.99%. During the same period last year, the firm earned $0.56 EPS.
View Enbridge's earnings history
.

How has Enbridge's stock price been impacted by Coronavirus?

Enbridge's stock was trading at $31.19 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ENB shares have increased by 24.6% and is now trading at $38.87.
View which stocks have been most impacted by COVID-19
.

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

Enbridge announced a quarterly dividend on Thursday, July 29th. Stockholders of record on Friday, August 13th will be paid a dividend of $0.6645 per share on Wednesday, September 1st. This represents a $2.66 annualized dividend and a dividend yield of 6.84%. The ex-dividend date of this dividend is Thursday, August 12th.
View Enbridge's dividend history
.

Is Enbridge a good dividend stock?

Enbridge pays an annual dividend of $2.67 per share and currently has a dividend yield of 6.73%. 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 147.51%. 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 106.80% 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?

13 Wall Street analysts have issued 12 month target prices for Enbridge's shares. Their forecasts range from $43.00 to $58.00. On average, they anticipate Enbridge's share price to reach $52.92 in the next year. This suggests a possible upside of 36.1% 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:
  • Albert Monaco, President, CEO & Non-Independent Director
  • Colin K. Gruending, Chief Financial Officer & Executive Vice President
  • Bhushan Ivaturi, Chief Information Officer & Senior Vice President
  • Tyler W. Robinson, Chief Compliance Officer & VP-Enterprise Security
  • Cynthia L. Hansen, President-Gas Distribution & Storage, Executive VP

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 institutional and retail investors. Top institutional shareholders include Capital International Investors (3.19%), Vanguard Group Inc. (3.11%), Bank of Nova Scotia (1.06%), Mackenzie Financial Corp (1.03%), The Manufacturers Life Insurance Company (0.97%) and CIBC Asset Management Inc (0.94%).
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 Jarislowsky Fraser Ltd, Caisse DE Depot ET Placement DU Quebec, Blackstone Inc, Brookfield Asset Management Inc., Capital International Investors, Price T Rowe Associates Inc. MD, Credit Suisse AG, and OMERS ADMINISTRATION Corp.
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 Amundi, Canada Pension Plan Investment Board, Royal Bank of Canada, Deutsche Bank AG, Toronto Dominion Bank, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Toronto Dominion Bank, and First Trust Advisors LP.
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 $38.87.

How much money does Enbridge make?

Enbridge has a market capitalization of $78.74 billion and generates $29.18 billion in revenue each year. The pipeline company earns $2.51 billion in net income (profit) each year or $1.81 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?

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 9/21/2021 by MarketBeat.com Staff
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