TSE:ENB

Enbridge Stock Forecast, Price & News

C$49.97

+0.11 (+0.22 %)

(As of 06/17/2021 12:00 AM ET)

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Today's Range

C$49.54

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C$50.19

50-Day Range

C$45.90

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C$49.97

52-Week Range

C$35.80

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C$50.19

Volume8.87 million shs

Average Volume9.36 million shs

Market CapitalizationC$101.22 billion

P/E Ratio16.00

Dividend Yield6.70%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Enbridge

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.

Enbridge Set to Debut in the Sustainability-Linked Bond Market - Bloomberg
June 17, 2021 | bloomberg.com

Enbridge Set to Debut in the Sustainability-Linked Bond Market
June 17, 2021 | finance.yahoo.com

Enbridge (TSE:ENB) Lifted to Outperform at CSFB
June 17, 2021 | americanbankingnews.com

Enbridge (TSE:ENB) Upgraded by Credit Suisse Group to "Outperform"
June 17, 2021 | americanbankingnews.com

Enbridge (ENB) Stock Moves -0.22%: What You Should Know
June 16, 2021 | finance.yahoo.com

What Makes Enbridge (ENB) a New Buy Stock - Yahoo Finance
June 16, 2021 | finance.yahoo.com

What Makes Enbridge (ENB) a New Buy Stock - Nasdaq
June 15, 2021 | nasdaq.com

Enbridge (TSE:ENB) Receives "Outperform" Rating from CIBC
June 15, 2021 | americanbankingnews.com

Enbridge (TSE:ENB) Hits New 12-Month High at $49.35
June 14, 2021 | americanbankingnews.com

Enbridge Strong Despite Carbon Emission Concerns - Yahoo Finance
June 14, 2021 | finance.yahoo.com

See More Headlines

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
Employees11,200
Year FoundedN/A

Sales & Book Value

Annual SalesC$39.26 billion
Price / Sales2.58
Cash FlowC$0.23 per share
Price / Cash Flow214.30
Book ValueC$27.30 per share
Price / Book1.83

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares2,025,576,000
Market CapC$101.22 billion
Next Earnings Date8/4/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.68 out of 5 stars

2.5 Analyst's Opinion

Consensus Rating
Enbridge has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$52.31, Enbridge has a forecasted upside of 4.7% from its current price of C$49.97.
Amount of Analyst Coverage
Enbridge has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Enbridge has received 685 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Enbridge has received 462 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Enbridge has received 59.72% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Enbridge 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 is a leading dividend payer. It pays a dividend yield of 6.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Enbridge does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Enbridge is 104.51%. 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 insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Enbridge is 16.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Enbridge is 16.00, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 30.49.
Price to Earnings Growth Ratio
Enbridge has a PEG Ratio of 2.06. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Enbridge has a P/B Ratio of 1.83. 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

Enbridge (TSE:ENB) Frequently Asked Questions

Is Enbridge a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 11 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.

What stocks does MarketBeat like better than Enbridge?

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

When is Enbridge's next earnings date?

Enbridge is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Enbridge.

How were Enbridge's earnings last quarter?

Enbridge Inc. (TSE:ENB) issued its quarterly earnings data on Friday, May, 7th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.70 by $0.11. The company earned $12.19 billion during the quarter.
View Enbridge's earnings history.

How has Enbridge's stock been impacted by Coronavirus?

Enbridge's stock was trading at C$42.96 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ENB shares have increased by 16.3% and is now trading at C$49.97.
View which stocks have been most impacted by COVID-19.

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

Enbridge declared a quarterly dividend on Wednesday, May 5th. Investors of record on Friday, May 14th will be given a dividend of 0.835 per share on Tuesday, June 1st. This represents a $3.34 annualized dividend and a yield of 6.68%. The ex-dividend date of this dividend is Thursday, May 13th.
View Enbridge's dividend history.

Is Enbridge a good dividend stock?

Enbridge pays an annual dividend of C$3.27 per share and currently has a dividend yield of 6.70%. 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 104.51%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Enbridge's dividend history.

What price target have analysts set for ENB?

11 brokers have issued twelve-month price objectives for Enbridge's shares. Their forecasts range from C$46.00 to C$55.00. On average, they expect Enbridge's stock price to reach C$52.31 in the next year. This suggests a possible upside of 4.7% 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 61, Pay $4.81M)
Mr. Colin Kenneth Gruending, Exec. VP & CFO (Age 51, Pay $1.36M)
Mr. Robert R. Rooney Q.C., LLB, QC, Exec. VP & Chief Legal Officer (Age 64, Pay $1.21M)
Mr. Dai-Chung Yu, Exec. VP & Pres of Liquids Pipelines (Age 54, Pay $1.34M)
Mr. William Turner Yardley, Exec. VP and Pres of Gas Transmission & Midstream (Age 56, Pay $1.58M)
Mr. Patrick Robert Murray, Sr. VP & Chief Accounting Officer (Age 45)
Mr. Bhushan N. Ivaturi, Sr. VP & Chief Information Officer
Jonathan Morgan, VP of Investor Relations
Mr. Tyler Wade Robinson, VP & Chief Compliance Officer
Roxanna Benoit, VP of Public Affairs, Communications & Sustainability

Who are some of Enbridge's key competitors?

Some companies that are related to Enbridge include Pembina Pipeline (PPL), Gibson Energy (GEI), Kinder Morgan Canada Limited (KML.TO) (KML), Tidewater Midstream and Infrastructure (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 (LNG), Macro Enterprises (MCESF), Mirage Energy (MRGE) and Petrogress (PGAS).
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 Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), The Toronto-Dominion Bank (TD), AutoCanada (ACQ), The Bank of Nova Scotia (BNS), AbbVie (ABBV), Vermilion Energy (VET), BCE (BCE) and Suncor Energy (SU).

What is Enbridge's stock symbol?

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

How do I buy shares of Enbridge?

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.
Compare Top Brokerages Here.

What is Enbridge's stock price today?

One share of ENB stock can currently be purchased for approximately C$49.97.

How much money does Enbridge make?

Enbridge has a market capitalization of C$101.22 billion and generates C$39.26 billion in revenue each year.

How many employees does Enbridge have?

Enbridge employs 11,200 workers across the globe.

What is Enbridge's official website?

The official website for Enbridge is www.enbridge.com.

Where are Enbridge's headquarters?

Enbridge is headquartered at East Tower-Fifth Avenue Place 200-425 1 St SW, CALGARY, AB T2P 3L8, Canada.

How can I contact Enbridge?

Enbridge'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 6/18/2021 by MarketBeat.com Staff

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