NYSE:ENBEnbridge Stock Price, Forecast & 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. Since then, ENB shares have decreased by 4.0% and is now trading at $29.94. View which stocks have been most impacted by Coronavirus.

18 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 14 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) posted its quarterly earnings data on Thursday, May, 7th. The pipeline company reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.51 by $0.32. The pipeline company earned $8.96 billion during the quarter, compared to analyst estimates of $8.52 billion. Enbridge had a net margin of 4.88% and a return on equity of 8.84%. During the same quarter last year, the business earned $0.81 EPS. View Enbridge's earnings history.

Enbridge declared a quarterly dividend on Wednesday, December 11th. Shareholders 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 8.18%. The ex-dividend date of this dividend is Thursday, February 13th. This is an increase from Enbridge's previous quarterly dividend of $0.56. View Enbridge's dividend history.

18 brokerages have issued 1 year price targets for Enbridge's shares. Their forecasts range from $44.00 to $63.00. On average, they anticipate Enbridge's share price to reach $51.80 in the next twelve months. This suggests a possible upside of 73.0% from the stock's current price. View analysts' price targets for Enbridge.

Press coverage about ENB stock has trended negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Enbridge earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the pipeline company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Enbridge.

Enbridge saw a drop in short interest in June. As of June 30th, there was short interest totaling 7,290,000 shares, a drop of 9.3% from the June 15th total of 8,040,000 shares. Based on an average trading volume of 4,950,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.4% of the shares of the stock 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 institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.06%), Nexus Investment Management ULC (0.03%), Thomasville National Bank (0.03%), Town & Country Bank & Trust CO dba First Bankers Trust CO (0.01%), S.E.E.D. Planning Group LLC (0.01%) and Hudson Valley Investment Advisors Inc. ADV (0.00%). 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 Wiley BROS. Aintree Capital LLC, Nexus Investment Management ULC, M&R Capital Management Inc., Woodstock Corp, First PREMIER Bank, Fulton Bank N. A., Hudson Valley Investment Advisors Inc. ADV, and Town & Country Bank & Trust CO dba First Bankers Trust CO. View insider buying and selling activity for Enbridge.

ENB stock was purchased 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, Envestnet Asset Management Inc., Birch Capital Management LLC, and Bangor Savings Bank. 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 $29.94.

Enbridge has a market capitalization of $60.63 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]