TSE:ENBEnbridge Stock Price, Forecast & News

C$44.78

+0.23 (+0.52 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

C$43.80

Now: C$44.78▼

C$44.94

50-Day Range

C$39.80

MA: C$42.58▼

C$46.21

52-Week Range

C$33.06

Now: C$44.78▼

C$57.32

Volume7.78 million shs

Average Volume7.63 million shs

Market CapitalizationC$90.68 billion

P/E Ratio45.69

Dividend Yield7.27%

BetaN/A

Enbridge Inc. operates as an energy infrastructure company in Canada and the United States. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution, Green Power and Transmission, and Energy Services. The Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The Gas Transmission and Midstream segment owns interests in natural gas pipelines, and gathering and processing facilities. The Gas Distribution segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as in Quebec and New Brunswick. The Green Power and Transmission segment operates renewable energy assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission facilities in the provinces of Alberta, Ontario, and Quebec, Canada; and in Colorado, Texas, Indiana, and West Virginia, the United States. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; transportation, storage, supply management, and product exchange services; crude oil, natural gas, NGL, and power marketing services; and physical commodity marketing and logistical services. 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.

Beat the Market (BTM) Rank^™

3.5 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 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$54.25, Enbridge has a potential upside of 21.1% from its current price of C$44.78.
Amount of Analyst Coverage
Enbridge has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Enbridge has received 606 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Enbridge has received 448 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Enbridge has received 57.50% “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 7.27%, 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 308.57 %. 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.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Enbridge are expected to decrease by -100.00% in the coming year, from C$2.72 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Enbridge is 45.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Enbridge is 45.69, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 7.16.
Price to Earnings Growth Ratio
Enbridge has a PEG Ratio of 1.95. 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 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.61 out of 5 stars

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

Debt

Debt-to-Equity Ratio96.63

Current Ratio0.58

Quick Ratio0.45

Price-To-Earnings

Trailing P/E Ratio45.69

Forward P/E Ratio16.46

P/E Growth1.95

Sales & Book Value

Annual SalesC$49.23 billion

Price / Sales1.84

Cash FlowC$0.39 per share

Price / Cash Flow113.65

Book ValueC$30.17 per share

Price / Book1.48

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees12,000

Outstanding Shares2,025,101,000

Market CapC$90.68 billion

Next Earnings Date8/7/2020 (Estimated)

OptionableOptionable

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Enbridge (TSE:ENB) Frequently Asked Questions

How has Enbridge's stock been impacted by COVID-19 (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 (WHO). Since then, ENB shares have increased by 4.2% and is now trading at C$44.78. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Enbridge?

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.

When is Enbridge's next earnings date?

Enbridge is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Enbridge.

How were Enbridge's earnings last quarter?

Enbridge Inc (TSE:ENB) announced its quarterly earnings results on Thursday, May, 7th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.72 by $0.11. The firm had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $11.85 billion. View Enbridge's earnings history.

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

Enbridge declared a quarterly dividend on Thursday, May 14th. Investors of record on Monday, June 1st will be given a dividend of 0.81 per share on Monday, June 1st. This represents a $3.24 annualized dividend and a dividend yield of 7.24%. The ex-dividend date is Thursday, May 14th. View Enbridge's dividend history.

What price target have analysts set for ENB?

8 brokerages have issued twelve-month price objectives for Enbridge's stock. Their forecasts range from C$40.00 to C$61.00. On average, they expect Enbridge's stock price to reach C$54.25 in the next twelve months. This suggests a possible upside of 21.1% from the stock's current price. View analysts' price targets for Enbridge.

Has Enbridge been receiving favorable news coverage?

Media headlines about ENB stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Enbridge earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutEnbridge.

Who are some of Enbridge's key competitors?

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), Flex LNG (FLNG), Tidewater Midstream & Infrastructure (TWM), Liquefied Natural Gas (LNG), Sanchez Midstream Partners (SNMP), Gaslog Partners Per Srs C Unt Prf (GLOP.PC), Altagas (ATGFF), BLUEKNIGHT ENER/UT LTD PARTN INT S (BKEPP), Dynagas Lng Partners Srs B Prf (DLNG.PB), GasLog Ltd Preferred Shares Series A (GLOG.PA) and GASLOG PRTN CUM RED PERP SRS B PRF NYSE: GLOP-B (GLOP.PB). View all 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), AutoCanada (ACQ), Toronto-Dominion Bank (TD), Vermilion Energy (VET), AbbVie (ABBV), BCE (BCE), Bank of Nova Scotia (BNS) and Enbridge Income Fund (ENF).

Who are Enbridge's key executives?

Enbridge's management team includes the following people:

Mr. Al Monaco, Pres, CEO & Director (Age 59)
Mr. John K. Whelen, Exec. VP & CFO (Age 59)
Mr. Robert R. Rooney Q.C., LLB, QC, Exec. VP & Chief Legal Officer (Age 62)
Mr. D. Guy Jarvis, Exec. VP & Pres of Liquids Pipelines (Age 55)
Mr. William Turner Yardley, Exec. VP and Pres of Gas Transmission & Midstream (Age 54)

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 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.

What is Enbridge's stock price today?

One share of ENB stock can currently be purchased for approximately C$44.78.

How big of a company is Enbridge?

Enbridge has a market capitalization of C$90.68 billion and generates C$49.23 billion in revenue each year. Enbridge employs 12,000 workers across the globe.

What is Enbridge's official website?

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

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 5/31/2020 by MarketBeat.com Staff