Enbridge Stock Forecast, Price & News

$38.98
+0.08 (+0.21 %)
(As of 07/27/2021 03:59 PM ET)
Add
Compare
Today's Range
$38.72
$39.06
50-Day Range
$37.80
$40.78
52-Week Range
$26.97
$41.13
Volume142,179 shs
Average Volume2.77 million shs
Market Capitalization$78.96 billion
P/E Ratio16.59
Dividend Yield4.84%
Beta0.88
30 days | 90 days | 365 days | Advanced Chart
Receive ENB News and Ratings via Email

Sign-up to receive the latest news and ratings for Enbridge and its competitors with MarketBeat's FREE daily newsletter.


Enbridge logo

About Enbridge

Enbridge, Inc. engages in the provision of gas and oil businesses. It operates through the following segments: Liquid Pipelines, Gas Distribution and Storage, Gas Transmission and Midstream, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment consists of common carrier and contract crude oil, natural gas liquids and refined products pipelines and terminals in Canada and U.S., including Canadian Mainline, Regional Oil Sands System, Southern Lights Pipeline, Spearhead Pipeline, Seaway Crude Pipeline interest and other feeder pipelines. The Gas Distribution and Storage segment consists of natural gas utility operations, the core of which is enbridge gas, which serves residential, commercial and industrial customers. It also includes natural gas distribution activities in Quebec and an investment in Noverco, which holds a majority interest in a subsidiary entity engaged in distribution and energy transportation primarily in Quebec. The Gas Transmission and Midstream segment comprises of investments in natural gas pipelines, processing and green energy projects, the company's commodity marketing businesses and international activities. The Renewable Power Generation segment consists primarily of investments in wind and solar power generating assets, as well as geothermal, waste heat recovery, and transmission assets. The Energy Services segment consists of businesses in Canada and the United States undertake physical commodity marketing activity and logistical services, oversee refinery supply services and manage the company's volume commitments on various pipeline systems. The company was founded on April 30, 1949 and is headquartered in Calgary, Canada.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

2.88 out of 5 stars

Oils/Energy Sector

11th out of 712 stocks

Pipelines, Except Natural Gas Industry

2nd out of 20 stocks

Analyst Opinion: 4.4Community Rank: 3.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Enbridge (NYSE:ENB) Frequently Asked Questions

Is Enbridge a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Enbridge stock.
View analyst ratings for Enbridge
or view top-rated stocks.

What stocks does MarketBeat like better than Enbridge?

Wall Street analysts have given Enbridge a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Enbridge wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Enbridge?

Enbridge saw a increase in short interest in June. As of June 30th, there was short interest totaling 13,530,000 shares, an increase of 43.8% from the June 15th total of 9,410,000 shares. Based on an average daily volume of 3,990,000 shares, the days-to-cover ratio is currently 3.4 days. Approximately 0.7% of the company's shares are sold short.
View Enbridge's Short Interest
.

When is Enbridge's next earnings date?

Enbridge is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for Enbridge
.

How can I listen to Enbridge's earnings call?

Enbridge will be holding an earnings conference call on Friday, July 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Enbridge's earnings last quarter?

Enbridge Inc. (NYSE:ENB) issued its earnings results on Friday, May, 7th. The pipeline company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.06. The pipeline company earned $9.35 billion during the quarter. Enbridge had a trailing twelve-month return on equity of 8.68% and a net margin of 16.77%.
View Enbridge's earnings history
.

How has Enbridge's stock price been impacted by COVID-19 (Coronavirus)?

Enbridge's stock was trading at $31.19 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ENB stock has increased by 24.8% and is now trading at $38.94.
View which stocks have been most impacted by COVID-19
.

How often does Enbridge pay dividends? What is the dividend yield for Enbridge?

Enbridge declared a quarterly dividend on Thursday, May 6th. Investors of record on Friday, May 14th will be paid a dividend of $0.6778 per share on Tuesday, June 1st. This represents a $2.71 dividend on an annualized basis and a dividend yield of 6.96%. The ex-dividend date of this dividend is Thursday, May 13th. This is a positive change from Enbridge's previous quarterly dividend of $0.65.
View Enbridge's dividend history
.

Is Enbridge a good dividend stock?

Enbridge pays an annual dividend of $1.88 per share and currently has a dividend yield of 4.84%. 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 strong track record of dividend growth. The dividend payout ratio of Enbridge is 103.87%. 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 76.42% in the coming year. This indicates that Enbridge may not be able to sustain their current dividend.
View Enbridge's dividend history.

What price target have analysts set for ENB?

14 brokers have issued 1 year price targets for Enbridge's stock. Their forecasts range from $41.00 to $57.00. On average, they anticipate Enbridge's share price to reach $51.85 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price.
View analysts' price targets for Enbridge
or view top-rated stocks among Wall Street analysts.

Who are Enbridge's key executives?

Enbridge's management team includes the following people:
  • Albert Monaco, President, CEO & Non-Independent Director
  • Colin K. Gruending, Chief Financial Officer & Executive Vice President
  • Bhushan Ivaturi, Chief Information Officer & Senior Vice President
  • Tyler W. Robinson, Chief Compliance Officer & VP-Enterprise Security
  • Cynthia L. Hansen, President-Gas Distribution & Storage, Executive VP

What is Al Monaco's approval rating as Enbridge's CEO?

253 employees have rated Enbridge CEO Al Monaco on Glassdoor.com. Al Monaco has an approval rating of 71% among Enbridge's employees.

Who are some of Enbridge's key competitors?

What other stocks do shareholders of Enbridge own?

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).

What is Enbridge's stock symbol?

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

Who are Enbridge's major shareholders?

Enbridge's stock is owned by a variety of retail and institutional investors. Top institutional investors include Cardinal Capital Management Inc. (0.12%), Eagle Global Advisors LLC (0.02%), Spirit of America Management Corp NY (0.01%), Chickasaw Capital Management LLC (0.01%), DORCHESTER WEALTH MANAGEMENT Co (0.01%) and Sound Income Strategies LLC (0.01%).
View institutional ownership trends for Enbridge
.

Which major investors are selling Enbridge stock?

ENB stock was sold by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, Chickasaw Capital Management LLC, Spirit of America Management Corp NY, Raymond James Trust N.A., Davis Rea LTD., Meridian Wealth Management LLC, Baskin Financial Services Inc., and Salvus Wealth Management LLC.
View insider buying and selling activity for Enbridge
or view top insider-selling stocks.

Which major investors are buying Enbridge stock?

ENB stock was purchased by a variety of institutional investors in the last quarter, including Brookstone Capital Management, Cardinal Capital Management Inc., Old Port Advisors, Sound Income Strategies LLC, Gibraltar Capital Management Inc., HBW Advisory Services LLC, XR Securities LLC, and Tectonic Advisors LLC.
View insider buying and selling activity for Enbridge
or or view top insider-buying stocks.

How do I buy shares of Enbridge?

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.
Compare Top Brokerages Here.

What is Enbridge's stock price today?

One share of ENB stock can currently be purchased for approximately $38.94.

How much money does Enbridge make?

Enbridge has a market capitalization of $78.88 billion and generates $29.18 billion in revenue each year. The pipeline company earns $2.51 billion in net income (profit) each year or $1.81 on an earnings per share basis.

How many employees does Enbridge have?

Enbridge employs 11,200 workers across the globe.

When was Enbridge founded?

Enbridge was founded in 1949.

What is Enbridge's official website?

The official website for Enbridge is www.enbridge.com.

Where are Enbridge's headquarters?

Enbridge is headquartered at 200 Fifth Avenue Place 425 1st Street S.W., CALGARY A0, T2P 3L8.

How can I contact Enbridge?

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]


This page was last updated on 7/27/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.