TSE:ENB

Enbridge - ENB Stock Forecast, Price & News

C$51.43

+0.29 (+0.57%)

(As of 09/27/2022 12:51 PM ET)

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Today's Range: C$51.30
▼
C$52.12
50-Day Range: C$51.14
▼
C$57.51
52-Week Range: C$46.88
▼
C$59.69

Volume: 1.96 million shs
Average Volume: 9.33 million shs
Market Capitalization: C$104.13 billion

P/E Ratio: 21.34
Dividend Yield: 6.73%
Price Target: C$59.35

About Enbridge (TSE:ENB) Stock

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.

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ENB Stock News Headlines

September 14, 2022 | marketbeat.com

Safety board issues report on Kentucky pipeline explosion

The National Transportation Safety Board says a 2019 pipeline explosion that resulted in one death and the destruction of five homes in Kentucky happened when the pipeline ruptured and released natural gas caught fire

September 27, 2022 | nasdaq.com

Enbridge Ontario 182 MW Underwood wind power plant shut - Ontario IESO - Nasdaq

September 26, 2022 | nasdaq.com

Enbridge Cumulative Redeemable Preference Shares, Series F Crosses Above 6.5% Yield Territory

September 23, 2022 | fool.ca

RRSP Investors: Should You Buy Royal Bank Stock or Enbridge Stock Now? - The Motley Fool Canada

September 22, 2022 | americanbankingnews.com

Enbridge (TSE:ENB) PT Lowered to C$60.00

September 21, 2022 | seekingalpha.com

Russia-Ukraine War's Impact On Energy Stocks: Exxon, Enbridge - Seeking Alpha

September 21, 2022 | msn.com

This Foreboding Sign Looms Over Enbridge's Chart

September 20, 2022 | benzinga.com

This Foreboding Sign Looms Over Enbridge's Chart - Enbridge (NYSE:ENB) - Benzinga

September 20, 2022 | finance.yahoo.com

Flyscan Systems Announces Pre-Series A Strategic Financing Round with Hatch, BDC Capital and Enbridge - Yahoo Finance

September 14, 2022 | washingtonpost.com

Safety board issues report on Kentucky pipeline explosion - The Washington Post

September 13, 2022 | msn.com

Judge: Enbridge ‘trespassing,’ Line 5 to remain open

September 13, 2022 | seekingalpha.com

Enbridge rises in premarket after Raymond James upgrade to Outperform

September 10, 2022 | fool.com

Where Will Enbridge Be in 5 Years? - The Motley Fool

September 10, 2022 | benzinga.com

Enbridge (NYSE:ENB), Devon Energy (NYSE:DVN) – 3 Ways To Earn High Yields As Energy Prices Surge - Benzinga

September 9, 2022 | reuters.com

Wisconsin judge rules Enbridge oil pipeline trespassing on indigenous land

September 9, 2022 | usnews.com

Wisconsin Judge Rules Enbridge Oil Pipeline Trespassing on Tribal Land

September 7, 2022 | nasdaq.com

2 Ultra-High-Yielding Oil Stocks to Buy With $1,000 - Nasdaq

September 7, 2022 | fool.ca

Does Enbridge Stock Really Have a Payout Ratio of 140%? - The Motley Fool Canada

September 7, 2022 | seekingalpha.com

Better Buy: Plains' 7.3% Yield Or Enbridge's 6.6% (NYSE:ENB) - Seeking Alpha

September 6, 2022 | fool.ca

3 TSX Stocks I will “Never” Sell

September 1, 2022 | finance.yahoo.com

Enbridge (ENB) Wins Canada's Support for Line 5 Pipeline - Yahoo Finance

September 1, 2022 | ca.finance.yahoo.com

How Young Investors Can Turn a $6,000 TFSA Into $144,000 - Yahoo Canada Finance

September 1, 2022 | ca.finance.yahoo.com

Could Enbridge (TSX:ENB) Accelerate Its Dividend Growth Rate? - Yahoo Canada Finance

August 30, 2022 | msn.com

Enbridge Line 5: Canada invokes 1977 treaty again over dispute

August 30, 2022 | seekingalpha.com

Canada again invokes pipeline treaty with U.S. to defend Enbridge's Line 5

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30 days | 90 days | 365 days | Advanced Chart

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ENB Company Calendar

Last Earnings: 7/29/2022
Ex-Dividend for 9/1 Dividend: 8/12/2022
Dividend Payable: 9/01/2022
Today: 9/27/2022
Next Earnings (Estimated): 11/04/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas Midstream
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: TSE:ENB
CUSIP: N/A
CIK: N/A
Web: www.enbridge.com
Phone: +1-403-2313900
Fax: N/A
Employees: 10,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$59.35
High Stock Price Forecast: C$65.00
Low Stock Price Forecast: C$53.00
Forecasted Upside/Downside: +15.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.53
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 21.34
Forward P/E Ratio: 16.70
P/E Growth: 2.22
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 122.20
Current Ratio: 0.58
Quick Ratio: 0.46

Sales & Book Value

Annual Sales: C$52.30 billion
Price / Sales: 1.99
Cash Flow: C$0.65 per share
Price / Cash Flow: 78.82
Book Value: C$27.25 per share
Price / Book: 1.89

Miscellaneous

Outstanding Shares: 2,024,789,000
Free Float: N/A
Market Cap: C$104.13 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Al Monaco (Age 62)
Pres, CEO & Director
Comp: $6.34M

Mr. Dai-Chung Yu (Age 55)
Exec. VP of Corp. Devel. & CFO
Comp: $1.78M

Mr. Robert R. Rooney Q.C. (Age 65)
LLB, QC, Exec. VP & Chief Legal Officer
Comp: $1.45M

Mr. Colin Kenneth Gruending (Age 52)
Exec. VP & Pres of Liquids Pipelines
Comp: $1.74M

Ms. Cynthia Lynn Hansen (Age 57)
Exec. VP and Pres of Gas Transmission & Midstream
Comp: $1.33M

Mr. David Wayne Bryson (Age 55)
Sr. VP and COO of Gas Transmission & Midstream

Mr. Patrick Robert Murray (Age 46)
Sr. VP & Chief Accounting Officer

Mr. Bhushan N. Ivaturi
Sr. VP & Chief Information Officer

Jonathan Morgan
VP of Investor Relations

Mr. Tyler Wade Robinson
VP & Chief Compliance Officer

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ENB Stock - Frequently Asked Questions

Should I buy or sell Enbridge stock right now?: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ENB shares.
View ENB analyst ratings or view top-rated stocks.
What is Enbridge's stock price forecast for 2022?: 15 equities research analysts have issued 1-year price objectives for Enbridge's shares. Their ENB share price forecasts range from C$53.00 to C$65.00. On average, they expect the company's share price to reach C$59.35 in the next twelve months. This suggests a possible upside of 16.1% from the stock's current price.
View analysts price targets for ENB or view top-rated stocks among Wall Street analysts.
How have ENB shares performed in 2022?: Enbridge's stock was trading at C$49.41 at the start of the year. Since then, ENB stock has increased by 3.5% and is now trading at C$51.14.
View the best growth stocks for 2022 here.
When is Enbridge's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our ENB earnings forecast.
How were Enbridge's earnings last quarter?: Enbridge Inc. (TSE:ENB) released its quarterly earnings data on Friday, July, 29th. The company reported $0.67 earnings per share for the quarter, missing analysts' consensus estimates of $0.72 by $0.05. The company had revenue of $13.22 billion for the quarter.
How often does Enbridge pay dividends? What is the dividend yield for Enbridge?: Enbridge announced a quarterly dividend on Tuesday, July 26th. Investors of record on Monday, August 15th will be given a dividend of 0.86 per share on Thursday, September 1st. This represents a $3.44 annualized dividend and a dividend yield of 6.73%. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for ENB.

Is Enbridge a good dividend stock?: Enbridge (TSE:ENB) pays an annual dividend of C$3.39 per share and currently has a dividend yield of 6.66%. ENB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 140.66%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ENB.
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), Toronto-Dominion Bank (TD), AutoCanada (ACQ), 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 stock 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$51.14.
How much money does Enbridge make?: Enbridge (TSE:ENB) has a market capitalization of C$103.55 billion and generates C$52.30 billion in revenue each year.
How many employees does Enbridge have?: The company employs 10,900 workers across the globe.
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 official website for the company is www.enbridge.com. The company can be reached via phone at +1-403-2313900.

This page (TSE:ENB) was last updated on 9/27/2022 by MarketBeat.com Staff

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