NYSE:ENB - Enbridge Stock Price, Forecast & News

Enbridge's stock was trading at $31.19 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ENB shares have decreased by 12.8% and is now trading at $27.20. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 1 sell rating, 4 hold ratings and 12 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, May 8th 2020. View our earnings forecast for Enbridge.

Enbridge Inc (NYSE:ENB) announced its quarterly earnings results on Friday, February, 14th. The pipeline company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.50 by $0.04. The pipeline company had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.53 billion. Enbridge had a return on equity of 8.74% and a net margin of 11.38%. View Enbridge's earnings history.

Enbridge declared a quarterly dividend on Wednesday, December 11th. Investors 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 9.00%. The ex-dividend date is Thursday, February 13th. This is an increase from Enbridge's previous quarterly dividend of $0.56. View Enbridge's dividend history.

17 Wall Street analysts have issued 1-year price targets for Enbridge's shares. Their forecasts range from $37.00 to $63.00. On average, they anticipate Enbridge's share price to reach $51.08 in the next year. This suggests a possible upside of 87.8% from the stock's current price. View analysts' price targets for Enbridge.

Headlines about ENB stock have trended very negative on Wednesday, InfoTrie Sentiment reports. The research firm identifies positive and negative media 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 five, with scores closest to five being the most favorable. Enbridge earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutEnbridge.

Enbridge saw a drop in short interest in March. As of March 13th, there was short interest totaling 14,456,800 shares, a drop of 20.5% from the February 27th total of 18,190,000 shares. Based on an average trading volume of 3,930,000 shares, the short-interest ratio is currently 3.7 days. Approximately 0.7% of the company's stock 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), Shell Midstream Partners (SHLX), Holly Energy Partners (HEP), Plains GP (PAGP), NuStar Energy (NS), BP Midstream Partners (BPMP), PBF Logistics (PBFX), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX) 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), Cisco Systems (CSCO), Pfizer (PFE) and Chevron (CVX).

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

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 $27.20.

Enbridge has a market capitalization of $55.07 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. 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]