NYSE:ENBEnbridge Stock Price, Forecast & News

Enbridge's stock was trading at $31.19 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ENB shares have decreased by 3.1% and is now trading at $30.22. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 1 sell rating, 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Enbridge.

Enbridge is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Enbridge.

Enbridge Inc (NYSE:ENB) released its quarterly earnings data on Thursday, May, 7th. The pipeline company reported $0.83 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.32. The pipeline company earned $8.96 billion during the quarter, compared to analyst estimates of $8.52 billion. Enbridge had a return on equity of 8.84% and a net margin of 4.88%. During the same quarter in the prior year, the firm earned $0.81 EPS. View Enbridge's earnings history.

Enbridge declared a quarterly dividend on Wednesday, December 11th. Shareholders of record on Friday, February 14th will be given a dividend of $0.6119 per share on Sunday, March 1st. This represents a $2.45 dividend on an annualized basis and a dividend yield of 8.10%. The ex-dividend date is Thursday, February 13th. This is an increase from Enbridge's previous quarterly dividend of $0.56. View Enbridge's dividend history.

18 brokerages have issued 1 year target prices for Enbridge's shares. Their forecasts range from $44.00 to $63.00. On average, they expect Enbridge's share price to reach $51.87 in the next year. This suggests a possible upside of 71.6% from the stock's current price. View analysts' price targets for Enbridge.

Media coverage about ENB stock has trended very negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Enbridge earned a news impact score of -3.3 on InfoTrie's scale. They also assigned media coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Enbridge.

Enbridge saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 8,040,000 shares, a decline of 64.4% from the May 31st total of 22,570,000 shares. Based on an average daily volume of 5,920,000 shares, the short-interest ratio is currently 1.4 days. Approximately 0.4% of the company's stock are short sold. View Enbridge's Current Options Chain.

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), Holly Energy Partners (HEP), NuStar Energy (NS), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Enbridge investors own include AT&T (T), Intel (INTC), Enterprise Products Partners (EPD), AbbVie (ABBV), Verizon Communications (VZ), Pfizer (PFE), Exxon Mobil (XOM), Cisco Systems (CSCO), Energy Transfer LP Unit (ET) and Johnson & Johnson (JNJ).

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

Enbridge's stock is owned by a number of institutional and retail investors. Top institutional investors include Thomasville National Bank (0.03%) and M&R Capital Management Inc. (0.00%). Company insiders that own Enbridge stock include Albert Monaco, Allen C Capps, Byron C Neiles, Cynthia L Hansen and William T Yardley. View institutional ownership trends for Enbridge.

ENB stock was sold by a variety of institutional investors in the last quarter, including M&R Capital Management Inc.. View insider buying and selling activity for Enbridge.

ENB stock was purchased by a variety of institutional investors in the last quarter, including Thomasville National Bank. Company insiders that have bought Enbridge stock in the last two years include Albert Monaco, and Cynthia L Hansen. View insider buying and selling activity for Enbridge.

Shares of ENB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ENB stock can currently be purchased for approximately $30.22.

Enbridge has a market capitalization of $61.20 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. Enbridge employs 11,300 workers across the globe.

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

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]