Enbridge Stock Forecast, Price & News

Enbridge's stock was trading at $31.19 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ENB stock has increased by 0.2% and is now trading at $31.24.
View which stocks have been most impacted by COVID-19.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 1 sell rating, 2 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Enbridge.

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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) released its quarterly earnings results on Wednesday, July, 29th. The pipeline company reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.15. The pipeline company had revenue of $5.78 billion for the quarter, compared to the consensus estimate of $8.54 billion. Enbridge had a net margin of 5.57% and a return on equity of 8.50%. During the same quarter in the previous year, the firm posted $0.67 EPS.
View Enbridge's earnings history.

Enbridge announced a quarterly dividend on Thursday, November 5th. Investors of record on Friday, November 13th will be given a dividend of $0.6167 per share on Tuesday, December 1st. This represents a $2.47 annualized dividend and a dividend yield of 7.90%. The ex-dividend date of this dividend is Thursday, November 12th. This is a positive change from Enbridge's previous quarterly dividend of $0.60.
View Enbridge's dividend history.

19 Wall Street analysts have issued 1 year price objectives for Enbridge's stock. Their forecasts range from $44.00 to $59.00. On average, they anticipate Enbridge's stock price to reach $51.33 in the next year. This suggests a possible upside of 64.3% from the stock's current price.
View analysts' price targets for Enbridge.

Enbridge saw a decrease in short interest during the month of October. As of October 30th, there was short interest totaling 5,150,000 shares, a decrease of 13.2% from the October 15th total of 5,930,000 shares. Based on an average trading volume of 3,300,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.3% 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), Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX), 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 a variety of retail and institutional investors. Top institutional investors include TD Asset Management Inc. (1.69%), The Manufacturers Life Insurance Company (1.43%), Jarislowsky Fraser Ltd (1.34%), Caisse DE Depot ET Placement DU Quebec (1.22%), CIBC Asset Management Inc (1.07%) and Great West Life Assurance Co. Can (0.71%). 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 TD Asset Management Inc., Caisse DE Depot ET Placement DU Quebec, Connor Clark & Lunn Investment Management Ltd., CIBC Private Wealth Group LLC, Toronto Dominion Bank, Great West Life Assurance Co. Can, Great West Life Assurance Co. Can, and Cidel Asset Management Inc..
View insider buying and selling activity for Enbridge.

ENB stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company, Jarislowsky Fraser Ltd, CIBC Asset Management Inc, Bradley Foster & Sargent Inc. CT, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Eagle Global Advisors LLC, Point72 Asset Management L.P., and Schonfeld Strategic Advisors 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 $31.24.

Enbridge has a market capitalization of $63.26 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]