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. 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 yield of 5.99%. 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.

Enbridge Inc (NYSE:ENB) released its earnings results on Friday, November, 8th. The pipeline company reported $0.42 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.42. The pipeline company had revenue of $8.79 billion for the quarter, compared to analyst estimates of $11.65 billion. Enbridge had a return on equity of 8.31% and a net margin of 12.07%. During the same quarter last year, the company earned $0.55 earnings per share. 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 brokerages have issued 1-year price targets for Enbridge's stock. Their forecasts range from $35.75 to $56.00. On average, they expect Enbridge's stock price to reach $48.61 in the next twelve months. This suggests a possible upside of 19.0% 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.

News articles about ENB stock have trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Enbridge earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave news coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Enbridge.

Enbridge saw a increase in short interest in 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 volume of 3,220,000 shares, the short-interest ratio is currently 4.7 days. Currently, 0.8% of the company's shares 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), Pfizer (PFE), Cisco Systems (CSCO) and Kinder Morgan (KMI).

Enbridge's stock is owned by a number of of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (0.07%), Hennessy Advisors Inc. (0.05%), Donaldson Capital Management LLC (0.03%), Nexus Investment Management Inc. (0.03%), Chickasaw Capital Management LLC (0.03%) and Galibier Capital Management Ltd. (0.03%). 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, Mainstay Capital Management LLC ADV, Commerzbank Aktiengesellschaft FI, Farmers & Merchants Investments Inc., Galibier Capital Management Ltd., Janney Montgomery Scott LLC and Huntington National Bank. 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 bought by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, S.E.E.D. Planning Group LLC, Hexavest Inc., Nexus Investment Management Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Zurcher Kantonalbank Zurich Cantonalbank, Chemung Canal Trust Co. and DAVENPORT & Co 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 $40.84.

Enbridge has a market capitalization of $82.68 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]