NYSE:ENBEnbridge Stock Price, Forecast & News

Enbridge's stock was trading at $31.19 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ENB shares have increased by 7.4% and is now trading at $33.50.
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19 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 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Enbridge is scheduled to release its next quarterly earnings announcement on Friday, November 13th 2020.
View our earnings forecast for Enbridge.

Enbridge Inc (NYSE:ENB) posted its quarterly earnings results on Wednesday, July, 29th. The pipeline company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.41 by $0.15. The pipeline company earned $5.78 billion during the quarter, compared to analyst estimates of $8.54 billion. Enbridge had a return on equity of 8.61% and a net margin of 5.17%. During the same period in the prior year, the firm earned $0.67 EPS.
View Enbridge's earnings history.

Enbridge declared a quarterly dividend on Thursday, July 23rd. Stockholders of record on Friday, August 14th will be paid a dividend of $0.6021 per share on Tuesday, September 1st. This represents a $2.41 dividend on an annualized basis and a dividend yield of 7.19%. The ex-dividend date is Thursday, August 13th. This is an increase from Enbridge's previous quarterly dividend of $0.57.
View Enbridge's dividend history.

19 brokerages have issued twelve-month target prices for Enbridge's stock. Their forecasts range from $44.00 to $61.00. On average, they anticipate Enbridge's stock price to reach $51.59 in the next twelve months. This suggests a possible upside of 54.0% from the stock's current price.
View analysts' price targets for Enbridge.

Media coverage about ENB stock has trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Enbridge earned a news impact score of -1.9 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 press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
View the latest news about Enbridge.

Enbridge saw a decline in short interest in the month of July. As of July 31st, there was short interest totaling 4,880,000 shares, a decline of 22.2% from the July 15th total of 6,270,000 shares. Based on an average trading volume of 3,500,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.2% of the shares of the company are short sold.
View Enbridge's Short Interest.

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), NuStar Energy (NS), Holly Energy Partners (HEP), Plains GP (PAGP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX), 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), 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 CIBC Asset Management Inc (1.01%), Swiss National Bank (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), Morningstar Investment Services LLC (0.22%), Intact Investment Management Inc. (0.16%) and Kayne Anderson Capital Advisors LP (0.13%). 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 Toronto Dominion Bank, QV Investors Inc., Miller Howard Investments Inc. NY, St. James Investment Company LLC, Russell Investments Group Ltd., Intact Investment Management Inc., Synovus Financial Corp, and Verity & Verity LLC.
View insider buying and selling activity for Enbridge.

ENB stock was purchased by a variety of institutional investors in the last quarter, including Swiss National Bank, Addenda Capital Inc., CIBC Asset Management Inc, Value Partners Investments Inc., Morningstar Investment Services LLC, Assenagon Asset Management S.A., Zurcher Kantonalbank Zurich Cantonalbank, and Chickasaw Capital Management LLC. 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 $33.50.

Enbridge has a market capitalization of $67.84 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]