TSE:ENB Enbridge - ENB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Enbridge Inc. Please log in to your account or sign up in order to add this asset to your watchlist. C$50.24 -0.02 (-0.04%) (As of 03/23/2023 01:33 PM ET) Add Compare Share Share Today's RangeC$50.14▼C$50.6850-Day RangeC$50.19▼C$56.0552-Week RangeC$48.88▼C$59.69Volume1.52 million shsAverage Volume8.88 million shsMarket CapitalizationC$101.48 billionP/E Ratio39.25Dividend Yield7.07%Price TargetC$58.23 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Enbridge MarketRank™ ForecastAnalyst RatingHold2.30 Rating ScoreUpside/Downside15.1% UpsideC$58.23 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.32Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.97 out of 5 stars 3.2 Analyst's Opinion Consensus RatingEnbridge has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 5 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$58.23, Enbridge has a forecasted upside of 15.1% from its current price of C$50.57.Amount of Analyst CoverageEnbridge has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ENB. Previous Next 1.7 Dividend Strength Dividend LeadershipEnbridge is a leading dividend payer. It pays a dividend yield of 7.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnbridge does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Enbridge is 277.34%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENB. Previous Next 1.3 News and Social Media Coverage News SentimentEnbridge has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Enbridge this week, compared to 4 articles on an average week.Search InterestOnly 187 people have searched for ENB on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 22 people have added Enbridge to their MarketBeat watchlist in the last 30 days. This is a decrease of -37% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Enbridge insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.16% of the stock of Enbridge is held by insiders.Percentage Held by Institutions54.02% of the stock of Enbridge is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Enbridge is 39.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Enbridge is 39.51, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 62.17.Price to Earnings Growth RatioEnbridge has a PEG Ratio of 4.96. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEnbridge has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Enbridge (TSE:ENB) StockEnbridge 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.Read More Receive ENB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Enbridge and its competitors with MarketBeat's FREE daily newsletter. Email Address ENB Stock News HeadlinesMarch 22, 2023 | americanbankingnews.comBrokerages Set Enbridge Inc. (TSE:ENB) Target Price at C$58.23March 17, 2023 | americanbankingnews.comEnbridge (TSE:ENB) Price Target Raised to C$54.00 at BarclaysMarch 23, 2023 | Investing Daily (Ad)27 U.S. Cities Where Stocks Yield 26% a YearWhat’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. March 14, 2023 | marketwatch.comEnbridge Inc. stock rises Monday, outperforms marketMarch 3, 2023 | finance.yahoo.com2023 Enbridge Day: ‘The First Choice for Energy Delivery’March 1, 2023 | finance.yahoo.comEnbridge Provides Update on Strategic Priorities, Announces Accretive Investments, and Introduces Medium-term Growth OutlookMarch 1, 2023 | finance.yahoo.comUPDATE 1-Enbridge to buy US Gulf Coast gas storage facility for $335 millionFebruary 20, 2023 | finance.yahoo.comBringing Resources ‘Under One Roof’ for Survivors of Domestic ViolenceMarch 23, 2023 | Investing Daily (Ad)27 U.S. Cities Where Stocks Yield 26% a YearWhat’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. February 14, 2023 | finance.yahoo.comEnbridge to Host Annual Enbridge Day Investor Event on March 1, 2023February 12, 2023 | finance.yahoo.comEnbridge Full Year 2022 Earnings: EPS: CA$1.28 (vs CA$2.88 in FY 2021)February 10, 2023 | finance.yahoo.comEnbridge Reports Strong 2022 Financial Results and Advances Strategic PrioritiesFebruary 9, 2023 | finance.yahoo.comDo These 3 Checks Before Buying Enbridge Inc. (TSE:ENB) For Its Upcoming DividendFebruary 9, 2023 | finance.yahoo.comDo These 3 Checks Before Buying Enbridge Inc. (TSE:ENB) For Its Upcoming DividendFebruary 8, 2023 | finance.yahoo.comVarcoe: Will Canada Answer the Call for LNG? ‘It’s a TBD,’ Says Enbridge HeadJanuary 30, 2023 | finance.yahoo.comEnbridge Provides Notice of Series D Preferred Shares Conversion Right and Announces Reset Dividend RatesJanuary 30, 2023 | finance.yahoo.comEnbridge Provides Notice of Series 19 Preferred Shares Conversion Right and Announces Reset Dividend RatesJanuary 12, 2023 | finance.yahoo.comEnbridge Inc. to Host Webcast to Discuss 2022 Fourth Quarter and Full-Year Results on February 10January 11, 2023 | finance.yahoo.comESG Goals: Foundational to Enbridge, Notable in Sustainability RankingsJanuary 11, 2023 | finance.yahoo.comEnbridge (ENB) Up 15% in 3 Months: Room for Further Upside?January 5, 2023 | marketwatch.comPipeline Leak Detectors Market (New Report) Brief Analysis to 2028: Endless Opportunities for New Businesses and Strategic InnovationsJanuary 5, 2023 | marketwatch.comEnbridge Gets TSX Green Light for C$1.5B Share Buyback ProgramJanuary 5, 2023 | msn.comWhy Enbridge Stock Rose 14% in 2022January 5, 2023 | msn.comEnbridge to renew normal course issuer bidJanuary 5, 2023 | finance.yahoo.comEnbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.8875January 4, 2023 | finance.yahoo.comVeterans' Values in Lock Step with Enbridge PrinciplesDecember 15, 2022 | finance.yahoo.comA Responsible Approach To Benefit Natural Gas ConsumersSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ENB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Enbridge and its competitors with MarketBeat's FREE daily newsletter. Email Address ENB Company Calendar Ex-Dividend for 3/1 Dividend2/14/2023Dividend Payable3/01/2023Today3/23/2023Next Earnings (Estimated)5/05/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas Midstream Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:ENB CUSIPN/A CIKN/A Webwww.enbridge.com Phone+1-403-2313900FaxN/AEmployees10,900Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$58.23 High Stock Price ForecastC$65.00 Low Stock Price ForecastC$52.00 Forecasted Upside/Downside+15.9%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.28 Trailing P/E Ratio39.27 Forward P/E Ratio16.98 P/E Growth4.96Net IncomeC$2.59 billion Net Margins5.63% Pretax MarginN/A Return on Equity4.64% Return on Assets3.02% Debt Debt-to-Equity Ratio129.03 Current Ratio0.60 Quick Ratio0.44 Sales & Book Value Annual SalesC$53.31 billion Price / Sales1.90 Cash FlowC$0.53 per share Price / Cash Flow94.53 Book ValueC$26.21 per share Price / Book1.92Miscellaneous Outstanding Shares2,020,000,000Free FloatN/AMarket CapC$101.53 billion OptionableOptionable Beta0.88 Key ExecutivesMr. Al Monaco (Age 63)Pres, CEO & Director Comp: $6.34MMr. Dai-Chung Yu (Age 56)Exec. VP of Corp. Devel. & CFO Comp: $1.78MMr. Robert R. Rooney Q.C. (Age 66)LLB, QC, Exec. VP & Chief Legal Officer Comp: $1.45MMr. Colin Kenneth Gruending (Age 53)Exec. VP & Pres of Liquids Pipelines Comp: $1.74MMs. Cynthia Lynn Hansen (Age 58)Exec. VP and Pres of Gas Transmission & Midstream Comp: $1.33MMr. David Wayne Bryson (Age 56)Sr. VP and COO of Gas Transmission & Midstream Mr. Patrick Robert Murray (Age 47)Sr. VP & Chief Accounting Officer Mr. Bhushan N. IvaturiSr. VP & Chief Information OfficerJonathan MorganVP of Investor RelationsMr. Tyler Wade RobinsonVP & Chief Compliance OfficerMore ExecutivesKey CompetitorsCanadian Natural ResourcesTSE:CNQPembina PipelineTSE:PPLGibson EnergyTSE:GEITopaz EnergyTSE:TPZKinder Morgan Canada Limited (KML.TO)TSE:KMLView All CompetitorsInsidersAlbert MonacoSold 10,649 sharesTotal: C$583,565.20 ($54.80/share)Byron Craig NeilesSold 4,342 sharesTotal: C$241,892.82 ($55.71/share)Colin Kenneth GruendingSold 1,240 sharesTotal: C$71,510.80 ($57.67/share)View All Insider Transactions ENB Stock - Frequently Asked Questions Should I buy or sell Enbridge stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 2 sell ratings, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ENB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENB, but not buy additional shares or sell existing shares. View ENB analyst ratings or view top-rated stocks. What is Enbridge's stock price forecast for 2023? 10 analysts have issued 12-month price objectives for Enbridge's stock. Their ENB share price forecasts range from C$52.00 to C$65.00. On average, they anticipate the company's share price to reach C$58.23 in the next twelve months. This suggests a possible upside of 15.9% 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 2023? Enbridge's stock was trading at C$52.92 at the start of the year. Since then, ENB stock has decreased by 5.0% and is now trading at C$50.26. View the best growth stocks for 2023 here. When is Enbridge's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023. View our ENB earnings forecast. How often does Enbridge pay dividends? What is the dividend yield for Enbridge? Enbridge announced a quarterly dividend on Tuesday, February 14th. Shareholders of record on Wednesday, March 1st will be given a dividend of 0.887 per share on Wednesday, March 1st. This represents a $3.55 annualized dividend and a dividend yield of 7.06%. The ex-dividend date is Tuesday, February 14th. This is a positive change from the stock's previous quarterly dividend of C$0.86. Read our dividend analysis for ENB. Is Enbridge a good dividend stock? Enbridge (TSE:ENB) pays an annual dividend of C$3.55 per share and currently has a dividend yield of 7.00%. ENB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 277.34%. 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$50.26. How much money does Enbridge make? Enbridge (TSE:ENB) has a market capitalization of C$101.53 billion and generates C$53.31 billion in revenue each year. The company earns C$2.59 billion in net income (profit) each year or C$1.28 on an earnings per share basis. 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 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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