Enbridge Stock Forecast, Price & News

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.

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.
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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.

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

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.

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.
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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.

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.

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.

253 employees have rated Enbridge CEO Al Monaco on Glassdoor.com. Al Monaco has an approval rating of 71% among Enbridge's employees.

Some companies that are related to Enbridge include Mplx (MPLX), Magellan Midstream Partners (MMP), Phillips 66 Partners (PSXP), Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), Plains GP (PAGP), Delek Logistics Partners (DKL), Holly Energy Partners (HEP), NuStar Energy (NS), BP Midstream Partners (BPMP), Genesis Energy (GEL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP).
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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).

Enbridge trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENB."

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.

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.

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.

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.
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One share of ENB stock can currently be purchased for approximately $38.87.

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.

Enbridge employs 11,200 workers across the globe.

Enbridge was founded in 1949.

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

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

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].