Enbridge Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Enbridge stock.
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Wall Street analysts have given Enbridge a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Enbridge wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Enbridge is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Enbridge.

Enbridge Inc. (NYSE:ENB) released its quarterly earnings data on Thursday, February, 11th. The pipeline company reported $0.56 EPS for the quarter, beating the Zacks' consensus estimate of $0.46 by $0.10. The pipeline company had revenue of $7.68 billion for the quarter, compared to analysts' expectations of $10.04 billion. Enbridge had a net margin of 5.57% and a trailing twelve-month return on equity of 8.50%. During the same quarter in the prior year, the business earned $0.61 earnings per share.
View Enbridge's earnings history.

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 shares have increased by 17.8% and is now trading at $36.73.
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Enbridge announced a quarterly dividend on Wednesday, December 9th. Shareholders of record on Friday, February 12th will be given a dividend of $0.6523 per share on Monday, March 1st. This represents a $2.61 dividend on an annualized basis and a dividend yield of 7.10%. The ex-dividend date is Thursday, February 11th. This is a positive change from Enbridge's previous quarterly dividend of $0.62.
View Enbridge's dividend history.

Enbridge pays an annual dividend of $2.61 per share and currently has a dividend yield of 7.08%. ENB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Enbridge does not yet have a strock track record of dividend growth. The dividend payout ratio of Enbridge is 130.50%. 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 127.32% in the coming year. This indicates that Enbridge may not be able to sustain their current dividend.
View Enbridge's dividend history.

11 equities research analysts have issued 1-year target prices for Enbridge's stock. Their forecasts range from $46.00 to $57.00. On average, they expect Enbridge's stock price to reach $52.00 in the next year. This suggests a possible upside of 41.6% from the stock's current price.
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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), Holly Energy Partners (HEP), NuStar Energy (NS), Plains GP (PAGP), Delek Logistics Partners (DKL), BP Midstream Partners (BPMP), 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), 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 retail and institutional investors. Top institutional shareholders include Nexus Investment Management ULC (0.03%), Thomasville National Bank (0.02%), Scout Investments Inc. (0.02%), Chickasaw Capital Management LLC (0.01%), Jacobs & Co. CA (0.01%) and Carroll Financial Associates Inc. (0.01%).
View institutional ownership trends for Enbridge.

ENB stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, FDx Advisors Inc., Scout Investments Inc., Town & Country Bank & Trust CO dba First Bankers Trust CO, Thomasville National Bank, Huntington National Bank, Spotlight Asset Group Inc., and Livingston Group Asset Management CO operating as Southport Capital Management.
View insider buying and selling activity for Enbridge or view top insider-selling stocks.

ENB stock was acquired by a variety of institutional investors in the last quarter, including Foundations Investment Advisors LLC, Jacobs & Co. CA, Fulton Bank N.A., Woodstock Corp, Nexus Investment Management ULC, Walkner Condon Financial Advisors LLC, First National Bank Sioux Falls, and Coastal Investment Advisors Inc..
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 $36.73.

Enbridge has a market capitalization of $74.40 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 11,200 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]