Enbridge Stock Forecast, Price & 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 increased by 13.0% and is now trading at $35.26.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 1 sell rating, 1 hold rating and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Enbridge stock.
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Enbridge is scheduled to release its next quarterly earnings announcement on Friday, February 12th 2021.
View our earnings forecast for Enbridge.

Enbridge Inc. (NYSE:ENB) issued its earnings results on Friday, November, 6th. The pipeline company reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.04. The pipeline company had revenue of $6.84 billion for the quarter. Enbridge had a net margin of 5.57% and a return on equity of 8.50%.
View Enbridge's earnings history.

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 7.40%. The ex-dividend date of this dividend 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 $2.46 per share and currently has a dividend yield of 7.11%. 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 123.00%. 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 120.00% in the coming year. This indicates that Enbridge may not be able to sustain their current dividend.
View Enbridge's dividend history.

17 Wall Street analysts have issued twelve-month target prices for Enbridge's shares. Their forecasts range from $46.00 to $59.00. On average, they expect Enbridge's stock price to reach $52.19 in the next twelve months. This suggests a possible upside of 48.0% from the stock's current price.
View analysts' price targets for Enbridge or view Wall Street analyst' top-rated stocks.

Enbridge saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 12,720,000 shares, an increase of 36.2% from the December 15th total of 9,340,000 shares. Based on an average daily volume of 4,280,000 shares, the short-interest ratio is currently 3.0 days. Currently, 0.6% of the shares of the stock are sold short.
View Enbridge's Short Interest.

Some companies that are related to Enbridge include Mplx (MPLX), Magellan Midstream Partners (MMP), Plains All American Pipeline (PAA), Phillips 66 Partners (PSXP), Shell Midstream Partners (SHLX), Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL), 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 institutional and retail investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.12%), Nexus Investment Management ULC (0.03%), Chickasaw Capital Management LLC (0.03%), Thomasville National Bank (0.02%), Donaldson Capital Management LLC (0.02%) and Scout Investments Inc. (0.02%). Company insiders that own Enbridge stock include Albert Monaco, Allen C Capps, 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 Chemung Canal Trust Co., Chickasaw Capital Management LLC, Scout Investments Inc., Donaldson Capital Management LLC, Hudson Valley Investment Advisors Inc. ADV, Diversified Trust Co, Raymond James Trust N.A., and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA.
View insider buying and selling activity for Enbridge or view top insider-selling stocks.

ENB stock was bought by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., MADDEN SECURITIES Corp, Sound Income Strategies LLC, Foundations Investment Advisors LLC, Salvus Wealth Management LLC, BTR Capital Management Inc., Brookstone Capital Management, and Jacobs & Co. CA. 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 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.

One share of ENB stock can currently be purchased for approximately $35.26.

Enbridge has a market capitalization of $71.41 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]