Enbridge (ENB) Stock Forecast, Price & News

Enbridge (NYSE:ENB) Frequently Asked Questions

Is Enbridge a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Enbridge stock.
View analyst ratings for Enbridge or view top-rated stocks.

Are investors shorting Enbridge?

Enbridge saw a increase in short interest in April. As of April 30th, there was short interest totaling 18,650,000 shares, an increase of 24.8% from the April 15th total of 14,940,000 shares. Based on an average daily trading volume, of 4,540,000 shares, the days-to-cover ratio is presently 4.1 days. Currently, 0.9% of the company's stock 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 29th 2022.
View our earnings forecast for Enbridge.

How were Enbridge's earnings last quarter?

Enbridge Inc. (NYSE:ENB) issued its quarterly earnings results on Friday, May, 6th. The pipeline company reported $0.84 earnings per share for the quarter, missing analysts' consensus estimates of $0.85 by $0.01. Enbridge had a trailing twelve-month return on equity of 10.40% and a net margin of 12.20%. During the same period last year, the firm earned $0.62 earnings per share.
View Enbridge's earnings history.

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

Enbridge declared a quarterly dividend on Wednesday, May 4th. Shareholders of record on Friday, May 13th will be paid a dividend of $0.669 per share on Wednesday, June 1st. This represents a $2.68 annualized dividend and a dividend yield of 6.11%. The ex-dividend date of this dividend is Thursday, May 12th.
View Enbridge's dividend history.

Is Enbridge a good dividend stock?

Enbridge pays an annual dividend of $2.69 per share and currently has a dividend yield of 6.29%. 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 117.47%. 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 107.17% 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 brokerages have issued 1 year target prices for Enbridge's stock. Their forecasts range from $43.00 to $67.00. On average, they anticipate Enbridge's share price to reach $56.39 in the next year. This suggests a possible upside of 28.8% 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:

• Mr. Al Monaco, Pres, CEO & Director (Age 62, Pay $4.98M)
• Mr. Dai-Chung Yu, Exec. VP of Corp. Devel. & CFO (Age 55, Pay $1.4M)
• Mr. Robert R. Rooney Q.C., LLB, QC, Exec. VP & Chief Legal Officer (Age 65, Pay $1.14M)
• Mr. Colin Kenneth Gruending, Exec. VP & Pres of Liquids Pipelines (Age 52, Pay $1.37M)
• Ms. Cynthia Lynn Hansen, Exec. VP and Pres of Gas Transmission & Midstream (Age 57, Pay $1.05M)
• Mr. William Turner Yardley, Exec. VP (Age 57, Pay $1.51M)
• Mr. David Wayne Bryson, Sr. VP and COO of Gas Transmission & Midstream (Age 55)
• Mr. Patrick Robert Murray, Sr. VP & Chief Accounting Officer (Age 46)
• Mr. Bhushan N. Ivaturi, Sr. VP & Chief Information Officer
• Jonathan Morgan, VP of Investor Relations

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), Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), Delek Logistics Partners (DKL), Plains GP (PAGP), Holly Energy Partners (HEP), NuStar Energy (NS), PBF Logistics (PBFX), Blueknight Energy Partners (BKEP) and Genesis Energy (GEL).
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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.41%), GQG Partners LLC (2.35%), TD Asset Management Inc. (1.41%), CIBC Asset Management Inc (1.01%), Mackenzie Financial Corp (0.97%) and Clearbridge Investments LLC (0.70%).
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 Bank of Nova Scotia, Cibc World Market Inc., National Bank of Canada FI, Toronto Dominion Bank, Caisse DE Depot ET Placement DU Quebec, Federated Hermes Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, 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 GQG Partners LLC, JPMorgan Chase & Co., Connor Clark & Lunn Investment Management Ltd., Vanguard Group Inc., Bank of Montreal Can, Mackenzie Financial Corp, Swiss National Bank, and Border to Coast Pensions Partnership Ltd.
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.
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What is Enbridge's stock price today?

One share of ENB stock can currently be purchased for approximately $43.79.

How much money does Enbridge make?

Enbridge has a market capitalization of $88.73 billion and generates $37.55 billion in revenue each year. The pipeline company earns $4.94 billion in net income (profit) each year or $2.289990 on an earnings per share basis.

How many employees does Enbridge have?

Enbridge employs 10,900 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.

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, via email at [email protected], or via fax at 403-231-3920.