NYSE:ENB - Enbridge 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 (WHO). Since then, ENB stock has decreased by 11.1% and is now trading at $27.74. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 1 sell rating, 4 hold ratings and 12 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, May 8th 2020. View our earnings forecast for Enbridge.

Enbridge Inc (NYSE:ENB) issued its quarterly earnings data on Friday, February, 14th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.04. The pipeline company earned $9.36 billion during the quarter, compared to analyst estimates of $9.53 billion. Enbridge had a net margin of 11.38% and a return on equity of 8.74%. View Enbridge's earnings history.

Enbridge announced a quarterly dividend on Wednesday, December 11th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.6119 per share on Sunday, March 1st. This represents a $2.45 dividend on an annualized basis and a yield of 8.82%. The ex-dividend date is Thursday, February 13th. This is a positive change from Enbridge's previous quarterly dividend of $0.56. View Enbridge's dividend history.

17 brokers have issued 1-year price targets for Enbridge's stock. Their forecasts range from $37.00 to $63.00. On average, they expect Enbridge's stock price to reach $51.08 in the next twelve months. This suggests a possible upside of 84.1% from the stock's current price. View analysts' price targets for Enbridge.

News articles about ENB stock have been trending very positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Enbridge earned a news sentiment score of 4.0 on InfoTrie's scale. They also assigned news headlines about the pipeline company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutEnbridge.

Enbridge saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 14,456,800 shares, a decline of 20.5% from the February 27th total of 18,190,000 shares. Based on an average trading volume of 3,930,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 0.7% of the shares of the company are sold short. View Enbridge's Current Options Chain.

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

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), Verizon Communications (VZ), AbbVie (ABBV), Exxon Mobil (XOM), Energy Transfer LP Unit (ET), Cisco Systems (CSCO), Pfizer (PFE) and Chevron (CVX).

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

Enbridge's stock is owned by a number of retail and institutional investors. Top institutional investors include Capital International Investors (6.31%), TD Asset Management Inc. (1.84%), Caisse DE Depot ET Placement DU Quebec (1.40%), Jarislowsky Fraser Ltd (1.24%), CIBC World Markets Inc. (1.01%) and Capital Research Global Investors (0.99%). 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 Capital World Investors, Russell Investments Group Ltd., Salient Capital Advisors LLC, Massachusetts Financial Services Co. MA, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Highstreet Asset Management Inc., Mitsubishi UFJ Trust & Banking Corp, and Caisse DE Depot ET Placement DU Quebec. View insider buying and selling activity for Enbridge.

ENB stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Capital Research Global Investors, Capital International Investors, Toronto Dominion Bank, M&G Investment Management Ltd., MUFG Securities EMEA plc, Pictet Asset Management Ltd., and FIL Ltd. 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 $27.74.

Enbridge has a market capitalization of $56.17 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. View additional information about Enbridge.

The official website for Enbridge is http://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]