TSE:ENB Enbridge (ENB) Stock Price, News & Analysis C$50.72 +0.47 (+0.94%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$50.32▼C$50.8750-Day RangeC$47.50▼C$50.7252-Week RangeC$42.75▼C$52.34Volume3.12 million shsAverage Volume7.65 million shsMarket CapitalizationC$108.03 billionP/E Ratio19.21Dividend Yield7.22%Price TargetC$53.63 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Enbridge alerts: Email Address Enbridge MarketRank™ Stock AnalysisAnalyst RatingHold2.46 Rating ScoreUpside/Downside5.7% UpsideC$53.63 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.08Based on 14 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.94 out of 5 stars 1.2 Analyst's Opinion Consensus RatingEnbridge has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 6 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageEnbridge has only been the subject of 4 research reports in the past 90 days.Read more about Enbridge's stock forecast and price target. 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 7.38%, 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 138.64%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Enbridge's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENB. Previous Next 1.6 News and Social Media Coverage News SentimentEnbridge has a news sentiment score of -0.08. 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 0.44 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Enbridge this week, compared to 8 articles on an average week.Search Interest111 people have searched for ENB on MarketBeat in the last 30 days. This is an increase of 39% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Enbridge to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% 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 0.10% of the stock of Enbridge is held by insiders.Percentage Held by Institutions53.44% of the stock of Enbridge is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Enbridge's insider trading history. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Enbridge is 19.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Enbridge is 19.21, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 208.99.Price to Earnings Growth RatioEnbridge has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEnbridge has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Enbridge's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersThe #1 Crypto for 2024 (3 Cent Coin)Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…Click For My #1 FREE Crypto for 2024 About Enbridge Stock (TSE:ENB)Enbridge Inc., together with its subsidiaries, 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 activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers 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 ENB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ENB Stock News HeadlinesJuly 26 at 4:39 PM | theglobeandmail.comClosing Bell: Enbridge Inc Pref Ser D flat on Thursday (ENB-PR-D)July 26 at 7:47 AM | americanbankingnews.comBrokers Set Expectations for Enbridge Inc.'s Q2 2024 Earnings (TSE:ENB)July 27, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.July 26 at 1:50 AM | americanbankingnews.comAtb Cap Markets Research Analysts Cut Earnings Estimates for Enbridge Inc. (TSE:ENB)July 25 at 3:44 PM | theglobeandmail.comClosing Bell: Enbridge Inc Pref Ser D up on Wednesday (ENB-PR-D)July 20, 2024 | finance.yahoo.comThe Alberta Cancer Foundation’s Enbridge Tour Alberta for Cancer Passes $100 Million Milestone in its 16th YearJuly 17, 2024 | americanbankingnews.comEnbridge (TSE:ENB) PT Raised to C$59.00May 28, 2024 | finance.yahoo.comReviving Rivers and Renewing Habitat in Central WyomingJuly 27, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.May 28, 2024 | seekingalpha.comEnbridge: Don't Be Sad You Missed The DownturnMay 27, 2024 | msn.comWhere Will Enbridge Stock Be in 3 Years?May 25, 2024 | theglobeandmail.comClosing Bell: Enbridge Inc Pref Ser D down on Friday (ENB-PR-D)May 24, 2024 | theglobeandmail.comClosing Bell: Enbridge Inc Pref Ser 11 flat on Friday (ENB-PF-C)May 24, 2024 | msn.comShould You Buy Enbridge Stock on a Pullback?May 23, 2024 | theglobeandmail.comClosing Bell: Enbridge Inc Pref Ser 1 up on Tuesday (ENB-PR-V)May 22, 2024 | theglobeandmail.comClosing Bell: Enbridge Inc Pref Ser 1 down on Wednesday (ENB-PR-V)May 22, 2024 | msn.comBargain Hunters: Is it Too Late to Buy Enbridge Stock?May 22, 2024 | msn.comCould Enerflex Become the Next Enbridge?See More Headlines 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 Company Calendar Last Earnings5/10/2024Ex-Dividend for 6/1 Dividend5/14/2024Dividend Payable6/01/2024Today7/26/2024Next Earnings (Confirmed)8/02/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas Midstream Sub-IndustryTransportation Current SymbolTSE:ENB CUSIPN/A CIKN/A Webwww.enbridge.com Phone+1-403-2313900FaxN/AEmployees11,100Year FoundedN/APrice Target and Rating Average Stock Price TargetC$53.63 High Stock Price TargetC$59.00 Low Stock Price TargetC$48.00 Potential Upside/Downside+5.7%Consensus RatingHold Rating Score (0-4)2.46 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.64 Trailing P/E Ratio19.21 Forward P/E Ratio17.73 P/E Growth0.75Net IncomeC$5.53 billion Net Margins13.81% Pretax MarginN/A Return on Equity8.70% Return on Assets3.15% Debt Debt-to-Equity Ratio130.31 Current Ratio0.68 Quick Ratio0.44 Sales & Book Value Annual SalesC$42.61 billion Price / Sales2.54 Cash FlowC$0.54 per share Price / Cash Flow94.53 Book ValueC$27.02 per share Price / Book1.88Miscellaneous Outstanding Shares2,130,000,000Free FloatN/AMarket CapC$108.03 billion OptionableNot Optionable Beta0.88 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Gregory Lorne Ebel (Age 60)President, CEO & Director Comp: $6.44MMr. Patrick Robert Murray (Age 48)Executive VP & CFO Comp: $1.47MMr. Colin Kenneth Gruending (Age 54)Executive VP & President of Liquids Pipelines Comp: $2.39MMs. Cynthia Lynn Hansen (Age 59)Executive VP and President of Gas Transmission & Midstream Comp: $2.31MMr. Matthew A. Akman (Age 56)Executive VP of Corporate Strategy & President of Power Comp: $1.28MMr. David Wayne Bryson (Age 57)Senior Vice President of Operations, Engineering & Liquids Pipelines Ms. Melissa M. LaForge (Age 38)Senior VP & Chief Accounting Officer Mr. Bhushan N. IvaturiSenior VP & Chief Information OfficerMs. Laura J. Buss Sayavedra (Age 57)Senior VP of Safety, Projects & Chief Administrative Officer Ms. Rebecca Morley CFA (Age 44)Director of Investor Relations More ExecutivesKey CompetitorsCanadian Pacific Kansas CityTSE:CPTFI InternationalTSE:TFIIConcordia InternationalTSE:CXRGlobal Water ResourcesTSE:GWRHorizons Gold Producer Equity Covered Call ETFTSE:HEPView All CompetitorsInsidersColin Kenneth GruendingSold 42 sharesTotal: C$2,054.64 ($48.92/share)Teresa Smith MaddenBought 2,100 shares on 12/18/2023Total: C$74,529.00 ($35.49/share)Dan Curtis TutcherSold 18,000 sharesTotal: C$635,400.00 ($35.30/share)View All Insider Transactions Should I Buy Enbridge Stock? ENB Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Enbridge Inc.: Enbridge's stock price has been showing a positive trend, with analysts raising price targets, indicating potential growth. Enbridge has a strong dividend yield of 7.56%, providing investors with a steady income stream. The company operates in multiple segments, including Liquids Pipelines, Gas Transmission, and Renewable Power Generation, diversifying its revenue streams. Enbridge has a large market capitalization of C$104.95 billion, indicating stability and market presence. Recent analyst ratings have been positive, with a consensus rating of "Moderate Buy" and an average price target of C$53.44, suggesting further upside potential. Cons Investors should be bearish about investing in Enbridge Inc. for these reasons: Enbridge's debt-to-equity ratio is relatively high at 130.31, which may pose risks in terms of financial leverage. The company's payout ratio is currently 128.87%, indicating a high percentage of earnings being distributed as dividends, potentially limiting reinvestment for growth. Enbridge's stock has a beta of 0.88, suggesting moderate volatility compared to the market average. The company's quick ratio of 0.44 may raise concerns about its short-term liquidity position. While Enbridge has seen positive analyst sentiment, there are risks associated with regulatory changes in the energy sector that could impact the company's operations. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 24, 2024. Please send any questions or comments about these Enbridge pros and cons to contact@marketbeat.com. ENB Stock Analysis - Frequently Asked Questions How have ENB shares performed this year? Enbridge's stock was trading at C$47.70 at the beginning of 2024. Since then, ENB shares have increased by 6.3% and is now trading at C$50.72. View the best growth stocks for 2024 here. How were Enbridge's earnings last quarter? Enbridge Inc. (TSE:ENB) issued its quarterly earnings results on Friday, May, 10th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.11. The business had revenue of $11.04 billion for the quarter, compared to the consensus estimate of $12.24 billion. Enbridge had a net margin of 13.81% and a trailing twelve-month return on equity of 8.70%. 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 other stocks do shareholders of Enbridge own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and AbbVie (ABBV). This page (TSE:ENB) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredJ.P. 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