NYSE:ENBEnbridge Stock Price, Forecast & News

Enbridge's stock was trading at $31.19 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ENB shares have decreased by 3.5% and is now trading at $30.10. 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 results on Thursday, May, 7th. The pipeline company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.51 by $0.32. The pipeline company had revenue of $8.96 billion for the quarter, compared to the consensus estimate of $8.52 billion. Enbridge had a return on equity of 8.84% and a net margin of 4.88%. During the same quarter last year, the company posted $0.81 EPS. View Enbridge's earnings history.

Enbridge declared a quarterly dividend on Wednesday, December 11th. Stockholders 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 annualized dividend and a yield of 8.13%. The ex-dividend date is Thursday, February 13th. This is a boost from Enbridge's previous quarterly dividend of $0.56. View Enbridge's dividend history.

18 brokers have issued 12 month price objectives for Enbridge's shares. Their forecasts range from $44.00 to $63.00. On average, they expect Enbridge's stock price to reach $51.80 in the next year. This suggests a possible upside of 72.1% from the stock's current price. View analysts' price targets for Enbridge.

News stories about ENB stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Enbridge earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Enbridge.

Enbridge saw a decrease in short interest in June. As of June 30th, there was short interest totaling 7,290,000 shares, a decrease of 9.3% from the June 15th total of 8,040,000 shares. Based on an average daily trading volume, of 4,950,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.4% of the company's stock are sold short. 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), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX), 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 retail and institutional investors. Top institutional investors include Cardinal Capital Management Inc. (0.11%), Envestnet Asset Management Inc. (0.06%), Nexus Investment Management ULC (0.03%), Thomasville National Bank (0.03%), Town & Country Bank & Trust CO dba First Bankers Trust CO (0.01%) and S.E.E.D. Planning Group LLC (0.01%). 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 Cardinal Capital Management Inc., Wiley BROS. Aintree Capital LLC, Nexus Investment Management ULC, M&R Capital Management Inc., Woodstock Corp, First PREMIER Bank, Fulton Bank N. A., and Independence Bank of Kentucky. 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, S.E.E.D. Planning Group LLC, Private Trust Co. NA, Foundations Investment Advisors LLC, Groesbeck Investment Management Corp NJ, Envestnet Asset Management Inc., Birch Capital Management LLC, and Bangor Savings 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 $30.10.

Enbridge has a market capitalization of $60.96 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]