TSE:ENB

Enbridge Inc. (ENB.TO) Stock Forecast, Price & News

C$44.91

+0.16 (+0.36 %)

(As of 01/20/2021 03:03 PM ET)

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Today's Range

C$44.58

Now: C$44.91▼

C$45.00

50-Day Range

C$40.52

MA: C$42.31▼

C$45.02

52-Week Range

C$33.06

Now: C$44.91▼

C$57.32

Volume1.95 million shs

Average Volume8.08 million shs

Market CapitalizationC$90.95 billion

P/E Ratio46.78

Dividend Yield7.46%

BetaN/A

Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

MarketRank^™

Overall MarketRank^™

1.61 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
Enbridge Inc. (ENB.TO) has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 12 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$51.87, Enbridge Inc. (ENB.TO) has a forecasted upside of 15.5% from its current price of C$44.91.
Amount of Analyst Coverage
Enbridge Inc. (ENB.TO) has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Enbridge Inc. (ENB.TO) has received 650 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Enbridge Inc. (ENB.TO) has received 456 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Enbridge Inc. (ENB.TO) has received 58.77% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Enbridge Inc. (ENB.TO) and other stocks. Vote “Outperform” if you believe ENB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ENB will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Enbridge Inc. (ENB.TO) is a leading dividend payer. It pays a dividend yield of 7.46%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Enbridge Inc. (ENB.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Enbridge Inc. (ENB.TO) is 330.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Enbridge Inc. (ENB.TO) insiders have sold 23.44% more of their company's stock than they have bought. Specifically, they have bought C$409,400.00 in company stock and sold C$505,376.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Enbridge Inc. (ENB.TO) is 46.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Enbridge Inc. (ENB.TO) is 46.78, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 5.22.
Price to Earnings Growth Ratio
Enbridge Inc. (ENB.TO) has a PEG Ratio of 2.48. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Enbridge Inc. (ENB.TO) has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas Midstream

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:ENB

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.enbridge.com

Phone+1-403-2313900

Employees13,000

Debt

Debt-to-Equity Ratio99.57

Current Ratio0.55

Quick Ratio0.41

Price-To-Earnings

Trailing P/E Ratio46.78

Forward P/E Ratio16.88

P/E Growth2.48

Sales & Book Value

Annual SalesC$41.43 billion

Price / Sales2.20

Cash FlowC$0.33 per share

Price / Cash Flow138.12

Book ValueC$28.37 per share

Price / Book1.58

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares2,025,219,000

Market CapC$90.95 billion

Next Earnings Date2/12/2021 (Confirmed)

OptionableOptionable

C$44.91

+0.16 (+0.36 %)

(As of 01/20/2021 03:03 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Enbridge Inc. (ENB.TO) (TSE:ENB) Frequently Asked Questions

How has Enbridge Inc. (ENB.TO)'s stock price been impacted by COVID-19 (Coronavirus)?

Enbridge Inc. (ENB.TO)'s stock was trading at C$42.96 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ENB stock has increased by 4.5% and is now trading at C$44.91.
View which stocks have been most impacted by COVID-19.

Is Enbridge Inc. (ENB.TO) a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enbridge Inc. (ENB.TO) in the last year. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Enbridge Inc. (ENB.TO) stock.
View analyst ratings for Enbridge Inc. (ENB.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Enbridge Inc. (ENB.TO)?

Wall Street analysts have given Enbridge Inc. (ENB.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Enbridge Inc. (ENB.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Enbridge Inc. (ENB.TO)'s next earnings date?

Enbridge Inc. (ENB.TO) is scheduled to release its next quarterly earnings announcement on Friday, February 12th 2021.
View our earnings forecast for Enbridge Inc. (ENB.TO).

How were Enbridge Inc. (ENB.TO)'s earnings last quarter?

Enbridge Inc. (ENB.TO) (TSE:ENB) issued its quarterly earnings results on Friday, November, 6th. The company reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.53 by $0.05. The business had revenue of $9.11 billion for the quarter.
View Enbridge Inc. (ENB.TO)'s earnings history.

How often does Enbridge Inc. (ENB.TO) pay dividends? What is the dividend yield for Enbridge Inc. (ENB.TO)?

Enbridge Inc. (ENB.TO) declared a quarterly dividend on Tuesday, December 8th. Shareholders of record on Friday, February 12th will be paid a dividend of 0.835 per share on Monday, March 1st. This represents a $3.34 annualized dividend and a dividend yield of 7.44%. The ex-dividend date of this dividend is Thursday, February 11th. This is a boost from Enbridge Inc. (ENB.TO)'s previous quarterly dividend of C$0.81.
View Enbridge Inc. (ENB.TO)'s dividend history.

Is Enbridge Inc. (ENB.TO) a good dividend stock?

Enbridge Inc. (ENB.TO) pays an annual dividend of C$3.17 per share and currently has a dividend yield of 7.46%. 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 Inc. (ENB.TO) is 330.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Enbridge Inc. (ENB.TO)'s dividend history.

What price target have analysts set for ENB?

13 Wall Street analysts have issued 12 month price targets for Enbridge Inc. (ENB.TO)'s stock. Their forecasts range from C$40.00 to C$61.00. On average, they anticipate Enbridge Inc. (ENB.TO)'s stock price to reach C$51.87 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
View analysts' price targets for Enbridge Inc. (ENB.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Enbridge Inc. (ENB.TO)'s key competitors?

Some companies that are related to Enbridge Inc. (ENB.TO) include Pembina Pipeline Co. (PPL.TO) (PPL), Gibson Energy Inc. (GEI.TO) (GEI), Kinder Morgan Canada Limited (KML.TO) (KML), Tidewater Midstream and Infrastructure Ltd. (TWM.TO) (TWM), AltaGas (ATGFF), Blueknight Energy Partners (BKEPP), Höegh LNG (HOLHF), Keyera (KEYUF), Kinder Morgan Canada (KMLGF), Legend Oil and Gas (LOGL), Liquefied Natural Gas (LNGLF), Liquefied Natural Gas Limited (LNG.AX) (LNG), Macro Enterprises (MCESF), Petrogress (PGAS) and Tidewater Midstream and Infrastructure (TWMIF).
View all of ENB's competitors.

What other stocks do shareholders of Enbridge Inc. (ENB.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Enbridge Inc. (ENB.TO) investors own include Intact Financial Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), Alimentation Couche-Tard (ATD.B), The Toronto-Dominion Bank (TD.TO) (TD), AutoCanada Inc. (ACQ.TO) (ACQ), The Bank of Nova Scotia (BNS.TO) (BNS), AbbVie (ABBV), Vermilion Energy Inc. (VET.TO) (VET), BCE Inc. (BCE.TO) (BCE) and Suncor Energy Inc. (SU.TO) (SU).

Who are Enbridge Inc. (ENB.TO)'s key executives?

Enbridge Inc. (ENB.TO)'s management team includes the following people:

Mr. Al Monaco, Pres, CEO & Director (Age 61, Pay $5.34M)
Mr. Colin Kenneth Gruending, Exec. VP & CFO (Age 51, Pay $1.08M)
Mr. Dai-Chung Yu, Exec. VP & Pres of Liquids Pipelines (Age 54, Pay $1.3M)
Mr. William Turner Yardley, Exec. VP and Pres of Gas Transmission & Midstream (Age 56, Pay $1.53M)
Mr. Patrick Robert Murray, Sr. VP & Chief Accounting Officer (Age 46)
Bhushan N. Ivaturi, Sr. VP & Chief Information Officer
Jonathan Morgan, VP of Investor Relations
Mr. Tyler Wade Robinson, VP & Chief Compliance Officer
Mr. Robert R. Rooney Q.C., LLB, QC, Exec. VP & Chief Legal Officer (Age 64)
Roxanna Benoit, VP of Public Affairs, Communications & Sustainability

What is Enbridge Inc. (ENB.TO)'s stock symbol?

Enbridge Inc. (ENB.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ENB."

How do I buy shares of Enbridge Inc. (ENB.TO)?

Shares of ENB and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is Enbridge Inc. (ENB.TO)'s stock price today?

One share of ENB stock can currently be purchased for approximately C$44.91.

How big of a company is Enbridge Inc. (ENB.TO)?

Enbridge Inc. (ENB.TO) has a market capitalization of C$90.95 billion and generates C$41.43 billion in revenue each year. Enbridge Inc. (ENB.TO) employs 13,000 workers across the globe.

What is Enbridge Inc. (ENB.TO)'s official website?

The official website for Enbridge Inc. (ENB.TO) is www.enbridge.com.

How can I contact Enbridge Inc. (ENB.TO)?

Enbridge Inc. (ENB.TO)'s mailing address is East Tower-Fifth Avenue Place 200-425 1 St SW, CALGARY, AB T2P 3L8, Canada. The company can be reached via phone at +1-403-2313900.

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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