TSE:ENB - Enbridge Stock Price, Forecast & News

Enbridge's stock was trading at C$42.96 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ENB stock has decreased by 4.6% and is now trading at C$40.98. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Enbridge.

Enbridge is scheduled to release its next quarterly earnings announcement on Friday, May 8th 2020. View our earnings forecast for Enbridge.

Enbridge Inc (TSE:ENB) announced its quarterly earnings results on Friday, February, 14th. The company reported $0.61 EPS for the quarter, missing the Zacks' consensus estimate of $0.65 by $0.04. The business had revenue of $12.35 billion for the quarter, compared to the consensus estimate of $12.39 billion. View Enbridge's earnings history.

Enbridge declared a quarterly dividend on Tuesday, December 10th. Investors of record on Friday, February 14th will be paid a dividend of 0.81 per share on Sunday, March 1st. This represents a $3.24 dividend on an annualized basis and a dividend yield of 7.91%. The ex-dividend date of this dividend is Thursday, February 13th. This is an increase from Enbridge's previous quarterly dividend of $0.74. View Enbridge's dividend history.

8 equities research analysts have issued 12-month price targets for Enbridge's stock. Their forecasts range from C$40.00 to C$63.00. On average, they expect Enbridge's share price to reach C$55.13 in the next year. This suggests a possible upside of 34.5% from the stock's current price. View analysts' price targets for Enbridge.

Media coverage about ENB stock has trended positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Enbridge earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutEnbridge.

Some companies that are related to Enbridge include Pembina Pipeline (PPL), Cheniere Energy Partners (CQP), Cheniere Energy, Inc. (NYSEAMERICAN) (LNG), Gibson Energy (GEI), Kinder Morgan Canada (KML), Tidewater Midstream & Infrastructure (TWM), Liquefied Natural Gas (LNG), Sanchez Midstream Partners (SNMP), Altagas (ATGFF), BLUEKNIGHT ENER/UT LTD PARTN INT S (BKEPP), Gibson Energy (GBNXF), Hoegh LNG (HOLHF), Kinder Morgan Canada (KMLGF), Legend Oil and Gas (LOGL) and Liquefied Natural Gas (LNGLF).

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

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

Shares of ENB and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of ENB stock can currently be purchased for approximately C$40.98.

Enbridge has a market capitalization of C$82.99 billion and generates C$50.07 billion in revenue each year. Enbridge employs 12,000 workers across the globe. View additional information about Enbridge.

The official website for Enbridge is http://www.enbridge.com/.

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.