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TSE:ENB

Enbridge - ENB Stock Forecast, Price & News

C$50.24
-0.02 (-0.04%)
(As of 03/23/2023 01:33 PM ET)
Add
Compare
Today's Range
C$50.14
▼
C$50.68
50-Day Range
C$50.19
▼
C$56.05
52-Week Range
C$48.88
▼
C$59.69
Volume
1.52 million shs
Average Volume
8.88 million shs
Market Capitalization
C$101.48 billion
P/E Ratio
39.25
Dividend Yield
7.07%
Price Target
C$58.23

Enbridge MarketRank™ Forecast

Analyst Rating
Hold
2.30 Rating Score
Upside/​Downside
15.1% Upside
C$58.23 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.32mentions of Enbridge in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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

See Top Rated MarketRank™ Stocks Here

ENB stock logo

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

March 22, 2023 | americanbankingnews.com
Brokerages Set Enbridge Inc. (TSE:ENB) Target Price at C$58.23
March 17, 2023 | americanbankingnews.com
Enbridge (TSE:ENB) Price Target Raised to C$54.00 at Barclays
March 23, 2023 | Investing Daily (Ad)
27 U.S. Cities Where Stocks Yield 26% a Year
What’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. pixel
March 14, 2023 | marketwatch.com
Enbridge Inc. stock rises Monday, outperforms market
March 3, 2023 | finance.yahoo.com
2023 Enbridge Day: ‘The First Choice for Energy Delivery’
March 1, 2023 | finance.yahoo.com
Enbridge Provides Update on Strategic Priorities, Announces Accretive Investments, and Introduces Medium-term Growth Outlook
March 1, 2023 | finance.yahoo.com
UPDATE 1-Enbridge to buy US Gulf Coast gas storage facility for $335 million
February 20, 2023 | finance.yahoo.com
Bringing Resources ‘Under One Roof’ for Survivors of Domestic Violence
March 23, 2023 | Investing Daily (Ad)
27 U.S. Cities Where Stocks Yield 26% a Year
What’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. pixel
February 14, 2023 | finance.yahoo.com
Enbridge to Host Annual Enbridge Day Investor Event on March 1, 2023
February 12, 2023 | finance.yahoo.com
Enbridge Full Year 2022 Earnings: EPS: CA$1.28 (vs CA$2.88 in FY 2021)
February 10, 2023 | finance.yahoo.com
Enbridge Reports Strong 2022 Financial Results and Advances Strategic Priorities
February 9, 2023 | finance.yahoo.com
Do These 3 Checks Before Buying Enbridge Inc. (TSE:ENB) For Its Upcoming Dividend
February 9, 2023 | finance.yahoo.com
Do These 3 Checks Before Buying Enbridge Inc. (TSE:ENB) For Its Upcoming Dividend
February 8, 2023 | finance.yahoo.com
Varcoe: Will Canada Answer the Call for LNG? ‘It’s a TBD,’ Says Enbridge Head
January 30, 2023 | finance.yahoo.com
Enbridge Provides Notice of Series D Preferred Shares Conversion Right and Announces Reset Dividend Rates
January 30, 2023 | finance.yahoo.com
Enbridge Provides Notice of Series 19 Preferred Shares Conversion Right and Announces Reset Dividend Rates
January 12, 2023 | finance.yahoo.com
Enbridge Inc. to Host Webcast to Discuss 2022 Fourth Quarter and Full-Year Results on February 10
January 11, 2023 | finance.yahoo.com
ESG Goals: Foundational to Enbridge, Notable in Sustainability Rankings
January 11, 2023 | finance.yahoo.com
Enbridge (ENB) Up 15% in 3 Months: Room for Further Upside?
January 5, 2023 | marketwatch.com
Pipeline Leak Detectors Market (New Report) Brief Analysis to 2028: Endless Opportunities for New Businesses and Strategic Innovations
January 5, 2023 | marketwatch.com
Enbridge Gets TSX Green Light for C$1.5B Share Buyback Program
January 5, 2023 | msn.com
Why Enbridge Stock Rose 14% in 2022
January 5, 2023 | msn.com
Enbridge to renew normal course issuer bid
January 5, 2023 | finance.yahoo.com
Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.8875
January 4, 2023 | finance.yahoo.com
Veterans' Values in Lock Step with Enbridge Principles
December 15, 2022 | finance.yahoo.com
A Responsible Approach To Benefit Natural Gas Consumers
See More Headlines
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ENB Company Calendar

Ex-Dividend for 3/1 Dividend
2/14/2023
Dividend Payable
3/01/2023
Today
3/23/2023
Next Earnings (Estimated)
5/05/2023
Get Stock Alerts

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$58.23
High Stock Price Forecast
C$65.00
Low Stock Price Forecast
C$52.00
Forecasted Upside/Downside
+15.9%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.28
Trailing P/E Ratio
39.27
Forward P/E Ratio
16.98
P/E Growth
4.96
Net Income
C$2.59 billion
Net Margins
5.63%
Pretax Margin
N/A
Return on Equity
4.64%
Return on Assets
3.02%

Debt

Debt-to-Equity Ratio
129.03
Current Ratio
0.60
Quick Ratio
0.44

Sales & Book Value

Annual Sales
C$53.31 billion
Price / Sales
1.90
Cash Flow
C$0.53 per share
Price / Cash Flow
94.53
Book Value
C$26.21 per share
Price / Book
1.92

Miscellaneous

Outstanding Shares
2,020,000,000
Free Float
N/A
Market Cap
C$101.53 billion
Optionable
Optionable
Beta
0.88

Key Executives

  • Mr. Al Monaco (Age 63)
    Pres, CEO & Director
    Comp: $6.34M
  • Mr. Dai-Chung Yu (Age 56)
    Exec. VP of Corp. Devel. & CFO
    Comp: $1.78M
  • Mr. Robert R. Rooney Q.C. (Age 66)
    LLB, QC, Exec. VP & Chief Legal Officer
    Comp: $1.45M
  • Mr. Colin Kenneth Gruending (Age 53)
    Exec. VP & Pres of Liquids Pipelines
    Comp: $1.74M
  • Ms. Cynthia Lynn Hansen (Age 58)
    Exec. VP and Pres of Gas Transmission & Midstream
    Comp: $1.33M
  • Mr. 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. Ivaturi
    Sr. VP & Chief Information Officer
  • Jonathan Morgan
    VP of Investor Relations
  • Mr. Tyler Wade Robinson
    VP & Chief Compliance Officer

Key Competitors

View All Competitors

Insiders

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