NYSE:ENB - Enbridge Stock Price, Forecast & News

Enbridge trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENB."

Enbridge announced 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 dividend on an annualized basis and a dividend yield of 6.04%. The ex-dividend date is Thursday, February 13th. This is a positive change from Enbridge's previous quarterly dividend of $0.56. View Enbridge's Dividend History.

Enbridge Inc (NYSE:ENB) released its quarterly earnings results on Friday, November, 8th. The pipeline company reported $0.42 EPS for the quarter, hitting analysts' consensus estimates of $0.42. The pipeline company had revenue of $8.79 billion for the quarter, compared to the consensus estimate of $11.65 billion. Enbridge had a return on equity of 8.31% and a net margin of 12.07%. During the same quarter in the previous year, the business earned $0.55 EPS. View Enbridge's Earnings History.

Enbridge is scheduled to release their next quarterly earnings announcement on Friday, February 21st 2020. View Earnings Estimates for Enbridge.

17 analysts have issued 1 year target prices for Enbridge's shares. Their forecasts range from $35.75 to $56.00. On average, they anticipate Enbridge's share price to reach $48.61 in the next year. This suggests a possible upside of 20.0% from the stock's current price. View Analyst Price Targets for Enbridge.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Enbridge.

Press coverage about ENB stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 1.5 on InfoTrie's scale. They also gave media 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 stock's share price in the near term. View News Stories for Enbridge.

Enbridge saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 15,140,000 shares, an increase of 9.9% from the November 28th total of 13,770,000 shares. Based on an average daily trading volume, of 3,220,000 shares, the days-to-cover ratio is currently 4.7 days. Currently, 0.8% of the shares of the company 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), Buckeye Partners (BPL), Shell Midstream Partners (SHLX), Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), PBF Logistics (PBFX), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL) and Blueknight Energy Partners (BKEP).

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), Exxon Mobil (XOM), Energy Transfer LP Unit (ET), Cisco Systems (CSCO), Pfizer (PFE) and Walt Disney (DIS).

Enbridge's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.05%), Donaldson Capital Management LLC (0.03%), Nexus Investment Management Inc. (0.03%), Chickasaw Capital Management LLC (0.03%), Galibier Capital Management Ltd. (0.03%) and Thomasville National Bank (0.02%). Company insiders that own Enbridge stock include Albert Monaco, Allen C Capps, Byron C Neiles, Cynthia L Hansen, Michael E J Phelps, Robert R Rooney 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 Hennessy Advisors Inc., Viking Fund Management LLC, Commerzbank Aktiengesellschaft FI, Galibier Capital Management Ltd., Huntington National Bank, Beacon Financial Group, Spirit of America Management Corp NY and Scout Investments Inc.. Company insiders that have sold Enbridge company stock in the last year include Allen C Capps and William T Yardley. View Insider Buying and Selling for Enbridge.

ENB stock was acquired by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Hexavest Inc., Nexus Investment Management Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Chemung Canal Trust Co., Thomasville National Bank, Donaldson Capital Management LLC and Camelot Portfolios LLC. Company insiders that have bought Enbridge stock in the last two years include Albert Monaco, Cynthia L Hansen and Robert R Rooney. View Insider Buying and Selling 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 $40.52.

Enbridge has a market capitalization of $82.04 billion and generates $35.78 billion in revenue each year. The pipeline company earns $2.22 billion in net income (profit) each year or $2.05 on an earnings per share basis. Enbridge employs 12,000 workers across the globe.View Additional Information About Enbridge.

The official website for Enbridge is http://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]