Enbridge Stock Forecast, Price & News

Enbridge (NYSE:ENB) Frequently Asked Questions

Is Enbridge a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities 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 decline in short interest in August. As of August 31st, there was short interest totaling 8,700,000 shares, a decline of 55.9% from the August 15th total of 19,730,000 shares. Based on an average daily volume of 3,550,000 shares, the short-interest ratio is currently 2.5 days. Approximately 0.4% of the shares of the stock are short sold.
View Enbridge's Short Interest.

When is Enbridge's next earnings date?

Enbridge is scheduled to release its next quarterly earnings announcement on Friday, November 5th 2021.
View our earnings forecast for Enbridge.

How were Enbridge's earnings last quarter?

Enbridge Inc. (NYSE:ENB) posted its earnings results on Thursday, July, 29th. The pipeline company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.11. The pipeline company earned $8.91 billion during the quarter, compared to analyst estimates of $9 billion. Enbridge had a trailing twelve-month return on equity of 9.24% and a net margin of 14.99%. During the same period last year, the company earned $0.56 EPS.
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 (WHO). Since then, ENB stock has increased by 28.3% and is now trading at $40.03.
View which stocks have been most impacted by COVID-19.

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

Enbridge announced a quarterly dividend on Thursday, July 29th. Investors of record on Friday, August 13th will be given a dividend of $0.6645 per share on Wednesday, September 1st. This represents a $2.66 annualized dividend and a yield of 6.64%. The ex-dividend date of this dividend is Thursday, August 12th.
View Enbridge's dividend history.

Is Enbridge a good dividend stock?

Enbridge pays an annual dividend of $2.67 per share and currently has a dividend yield of 6.66%. ENB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Enbridge is 147.51%. 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 106.80% 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?

13 brokerages have issued twelve-month price targets for Enbridge's stock. Their forecasts range from $43.00 to $58.00. On average, they expect Enbridge's stock price to reach $52.92 in the next year. This suggests a possible upside of 32.2% 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?

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), Holly Energy Partners (HEP), Delek Logistics Partners (DKL), NuStar Energy (NS), BP Midstream Partners (BPMP), Genesis Energy (GEL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP).
View all of ENB's 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 many different institutional and retail investors. Top institutional shareholders include Capital International Investors (3.19%), Vanguard Group Inc. (3.11%), Bank of Nova Scotia (1.06%), Mackenzie Financial Corp (1.03%), The Manufacturers Life Insurance Company (0.97%) and CIBC Asset Management Inc (0.94%).
View institutional ownership trends for Enbridge.

Which institutional investors are selling Enbridge stock?

ENB stock was sold by a variety of institutional investors in the last quarter, including Jarislowsky Fraser Ltd, Caisse DE Depot ET Placement DU Quebec, Blackstone Inc, Brookfield Asset Management Inc., Capital International Investors, Price T Rowe Associates Inc. MD, Credit Suisse AG, and OMERS ADMINISTRATION Corp.
View insider buying and selling activity for Enbridge or view top insider-selling stocks.

Which institutional investors are buying Enbridge stock?

ENB stock was acquired by a variety of institutional investors in the last quarter, including Amundi, Canada Pension Plan Investment Board, Royal Bank of Canada, Deutsche Bank AG, Toronto Dominion Bank, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Toronto Dominion Bank, and First Trust Advisors LP.
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 $40.03.

How much money does Enbridge make?

Enbridge has a market capitalization of $81.09 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].