NYSE:ENBEnbridge Stock Price, Forecast & News

Enbridge's stock was trading at $31.19 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ENB shares have decreased by 5.1% and is now trading at $29.59. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 1 sell rating, 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Enbridge.

Enbridge is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Enbridge.

Enbridge Inc (NYSE:ENB) issued its quarterly earnings results on Thursday, May, 7th. The pipeline company reported $0.83 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.32. The pipeline company earned $8.96 billion during the quarter, compared to analysts' expectations of $8.52 billion. Enbridge had a return on equity of 8.84% and a net margin of 4.88%. During the same quarter in the previous year, the firm posted $0.81 earnings per share. View Enbridge's earnings history.

Enbridge announced a quarterly dividend on Wednesday, December 11th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.6119 per share on Sunday, March 1st. This represents a $2.45 annualized dividend and a dividend yield of 8.27%. The ex-dividend date is Thursday, February 13th. This is a boost from Enbridge's previous quarterly dividend of $0.56. View Enbridge's dividend history.

19 Wall Street analysts have issued 1 year target prices for Enbridge's shares. Their forecasts range from $44.00 to $63.00. On average, they expect Enbridge's share price to reach $52.00 in the next twelve months. This suggests a possible upside of 75.7% from the stock's current price. View analysts' price targets for Enbridge.

Headlines about ENB stock have trended somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Enbridge earned a coverage optimism score of -1.6 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news about Enbridge.

Enbridge saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 7,290,000 shares, a decline of 9.3% from the June 15th total of 8,040,000 shares. Based on an average daily trading volume, of 4,950,000 shares, the short-interest ratio is currently 1.5 days. Approximately 0.4% of the shares of the company are short sold. 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), 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), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all competitors.

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), Pfizer (PFE), Exxon Mobil (XOM), Cisco Systems (CSCO), Energy Transfer LP Unit (ET) and Johnson & Johnson (JNJ).

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

Enbridge's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.11%), Envestnet Asset Management Inc. (0.06%), Nexus Investment Management ULC (0.03%), Thomasville National Bank (0.03%), Carroll Financial Associates Inc. (0.01%) and Town & Country Bank & Trust CO dba First Bankers Trust CO (0.01%). 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 Cardinal Capital Management Inc., Wiley BROS. Aintree Capital LLC, Nexus Investment Management ULC, M&R Capital Management Inc., Woodstock Corp, Carroll Financial Associates Inc., First PREMIER Bank, and Fulton Bank N. A.. View insider buying and selling activity for Enbridge.

ENB stock was acquired by a variety of institutional investors in the last quarter, including Thomasville National Bank, S.E.E.D. Planning Group LLC, Private Trust Co. NA, Foundations Investment Advisors LLC, Groesbeck Investment Management Corp NJ, Arden Trust Co, Envestnet Asset Management Inc., and Birch Capital Management 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 $29.59.

Enbridge has a market capitalization of $59.92 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]