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Enbridge Inc (ENB)
NYSE:ENB
Enbridge (ENB) Stock Price & Analysis
6,994 Followers
ENB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.84 - $37.42
Previous Close$33.33
Volume1.20M
Average Volume (3M)5.61M
Market Cap
$71.62B
Enterprise Value$127.61B
Total Cash (Recent Filing)C$5.90B
Total Debt (Recent Filing)C$81.20B
Price to Earnings (P/E)15.9
Beta0.73
Next Earnings
May 10, 2024EPS Estimate
$0.59Last Dividend Ex-Date
Feb 14, 2024Dividend Yield8.05%
Share Statistics
EPS (TTM)2.10
Shares Outstanding2,125,586,356
10 Day Avg. Volume5,096,373
30 Day Avg. Volume5,607,831
Standard Deviation0.06
R-Squared0.49
Alpha-0.00230
Financial Highlights & Ratios
Price to Book (P/B)5.03
Price to Sales (P/S)1.62
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$38.74Price Target Upside14.99% Upside
Rating ConsensusHold
Number of Analyst Covering9
Enbridge News
PremiumCompany Announcements
Enbridge Clinches Regulatory Nod for Mainline Tariffs
PremiumCompany Announcements
Enbridge Announces Growth and Strategic Investments
PremiumCompany Announcements
Enbridge Inc. Secures Mainline Tolling Deal Through 2028Bulls Say, Bears Say
Bulls Say
Financial PerformanceTransaction is expected to be accretive to AFFO, enhancing the company's cash flow.
Growth ProspectsENB's secured backlog of growth opportunities over $24 bn across its asset base, providing visibility to growth through 2028.
Strategic DevelopmentsAcquisition of East Ohio Gas Company closes, enhancing ENB's asset base and contributing significantly to its EBITDA.
Bears Say
Analyst RatingDespite raising the price target, the analyst maintains an Underweight rating due to risks associated with LDC funding, TMX, and valuation.
Financial PerformanceThe analyst's muted outlook for the 2026 EBITDA estimate is based on lower supply growth forecast and lower assumed returns on growth projects.
Financial RisksConcerns are raised due to risks around Mainline volumes, valuation post South Bow spin, and a remaining funding gap.
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Ownership Overview
0.48%
Insiders
8.49% Mutual Funds
7.64% Other Institutional Investors
83.39% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ENB FAQ
What was Enbridge Inc’s price range in the past 12 months?
Enbridge Inc lowest stock price was $29.84 and its highest was $37.42 in the past 12 months.
What is Enbridge Inc’s market cap?
Currently, no data Available
When is Enbridge Inc’s upcoming earnings report date?
Enbridge Inc’s upcoming earnings report date is May 10, 2024 which is in 22 days.
How were Enbridge Inc’s earnings last quarter?
Enbridge Inc released its earnings results on Feb 09, 2024. The company reported $0.465 earnings per share for the quarter, missing the consensus estimate of $0.491 by -$0.026.
Is Enbridge Inc overvalued?
According to Wall Street analysts Enbridge Inc’s price is currently Undervalued.
Does Enbridge Inc pay dividends?
Enbridge Inc pays a Quarterly dividend of $0.66 which represents an annual dividend yield of 8.05%. See more information on Enbridge Inc dividends here
What is Enbridge Inc’s EPS estimate?
Enbridge Inc’s EPS estimate is $0.59.
How many shares outstanding does Enbridge Inc have?
Enbridge Inc has 2,125,586,400 shares outstanding.
What happened to Enbridge Inc’s price movement after its last earnings report?
Enbridge Inc reported an EPS of $0.465 in its last earnings report, missing expectations of $0.491. Following the earnings report the stock price went down -0.356%.
Which hedge fund is a major shareholder of Enbridge Inc?
Among the largest hedge funds holding Enbridge Inc’s share is Blackstone Inc.. It holds Enbridge Inc’s shares valued at 62M.
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Enbridge Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$38.74 (14.99% Upside)
$38.74 (14.99% Upside)
Blogger Sentiment
Bullish
ENB Sentiment 95%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 42.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-10.37%
12-Months-Change
Fundamentals
Return on Equity
10.09%
Trailing 12-Months
Asset Growth
3.16%
Trailing 12-Months
Company Description
Enbridge Inc
Enbridge, Inc. is a Canadian energy infrastructure company that transports crude and other liquid hydrocarbons. The pipeline giant is also engaged in renewable power generation, gas distribution and storage as well as energy marketing services.
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ENB Company Deck
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ENB Earnings Call
Q4 2024
0:00 / 0:00
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ENB Revenue Breakdown
43.50% Energy Services
29.47% Liquids Pipelines
13.69% Gas Distribution and Storage
13.41% Gas Transmission and Midstream
1.09% Renewable Power Generation
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ENB Stock 12 Months Forecast
Average Price Target
$38.74
▲(14.99% Upside)
Technical Analysis
Best Analysts Covering ENB
1 Year
1 Year Success Rate
28/40 ratings generated profit
1 Year Average Return
+12.64%
reiterated a buy rating 23 days ago
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