EN3 Stock Chart & Stats
€43.24
€0.04(0.07%)
At close: 4:00 PM EDT
€43.24
€0.04(0.07%)
Day’s Range― - ―
52-Week Range€38.58 - €50.01
Previous CloseN/A
Volume85.00
Average Volume (3M)864.00
Market Cap
€94.28B
Enterprise Value€288.81K
Total Cash (Recent Filing)€2.07B
Total Debt (Recent Filing)€112.13B
Price to Earnings (P/E)22.0
Beta-0.04
Next Earnings
Oct 30, 2026EPS Estimate
0.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.00
Shares Outstanding2,267,743,700
10 Day Avg. Volume540
30 Day Avg. Volume864
Financial Highlights & Ratios
PEG Ratio0.53
Price to Book (P/B)2.30
Price to Sales (P/S)2.20
P/FCF Ratio35.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€49.27Price Target Upside13.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)1.79
Revenue Forecast (FY)€49.81B
Bulls Say, Bears Say
Bulls Say
Regulated And Contracted Cash FlowsEnbridge’s regulated utility rates and contracted pipeline fees provide greater earnings visibility than a business dependent mainly on commodity prices. This structure supports recurring cash generation, helps underpin long-lived infrastructure investment, and can improve resilience across changing energy-market conditions.
Large Secured Growth BacklogThe secured backlog and identified multi-year opportunity set provide a substantial runway for disciplined expansion across existing infrastructure networks. Capital projects entering service can broaden the contracted asset base, support future EBITDA growth, and extend Enbridge’s competitive position over several years.
Utility And Renewables ExpansionGrowth in regulated utility rate bases can expand earnings through additional invested capital and approved returns, while renewable construction adds contracted power capacity. Together, these businesses diversify Enbridge’s infrastructure portfolio and create structural growth beyond its established liquids network.
Bears Say
Elevated LeverageHigh leverage and materially higher debt reduce financial flexibility as Enbridge funds a large capital program. Greater debt exposure can increase interest costs and refinancing sensitivity, constrain the pace of internally funded growth, and make balance-sheet targets more difficult to maintain.
Weak Recent Cash ConversionAlthough Enbridge generates substantial operating cash flow, recent conversion into free cash flow has weakened and remained volatile. Lower cash retained after investment reduces near-term funding flexibility, potentially increasing reliance on debt or equity while the company executes its extensive expansion program.
Permitting And Project Timing RiskDelays tied to producer decisions, evolving policy, and permitting can defer project starts and postpone expected infrastructure earnings. Prolonged uncertainty may also affect capital deployment and customer commitments, making the timing of growth less predictable even when the underlying opportunity remains attractive.
Enbridge News
EN3 FAQ
What was Enbridge Inc’s price range in the past 12 months?
Enbridge Inc lowest stock price was €38.58 and its highest was €50.01 in the past 12 months.
What is Enbridge Inc’s market cap?
Enbridge Inc’s market cap is €94.28B.
When is Enbridge Inc’s upcoming earnings report date?
Enbridge Inc’s upcoming earnings report date is Oct 30, 2026 which is in 34 days.
How were Enbridge Inc’s earnings last quarter?
Enbridge Inc released its earnings results on Jul 31, 2026. The company reported €0.392 earnings per share for the quarter, beating the consensus estimate of €0.362 by €0.03.
Is Enbridge Inc overvalued?
According to Wall Street analysts Enbridge Inc’s price is currently Undervalued.
Does Enbridge Inc pay dividends?
Enbridge Inc does not currently pay dividends.
What is Enbridge Inc’s EPS estimate?
Enbridge Inc’s EPS estimate is 0.32.
How many shares outstanding does Enbridge Inc have?
Enbridge Inc has 2,267,743,700 shares outstanding.
What happened to Enbridge Inc’s price movement after its last earnings report?
Enbridge Inc reported an EPS of €0.392 in its last earnings report, beating expectations of €0.362. Following the earnings report the stock price went down -0.918%.
Which hedge fund is a major shareholder of Enbridge Inc?
Currently, no hedge funds are holding shares in DE:EN3
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Enbridge Stock Smart Score
Outperform
1
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5
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10
Analyst Consensus
Moderate Buy
Average Price Target:
€49.27 (13.95% Upside)
€49.27 (13.95% Upside)
Blogger Sentiment
Bullish
DE:EN3 Sentiment 83%
Sector Average 61%
Sector Average 61%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.52%
12-Months-Change
Fundamentals
Return on Equity
5.74%
Trailing 12-Months
Asset Growth
5.29%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Enbridge Inc
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States. This segment also provides physical commodity marketing and logistical services, and crude oil marketing services. The Gas Transmission 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 wind, solar, geothermal, waste heat recovery, and transmission assets in North America. 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.
EN3 Company Deck
EN3 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational and commercial progress narrative: high utilization, material project progress (Blackcomb commissioning, Houston terminal in service, Line 5 relocation sanctioned), sizable sanctioned capital and a large secured backlog, meaningful gas and renewables momentum, and improved adjusted EBITDA (+$130M y/y). Key financial priorities (equity self-funding, shareholder returns, reaffirmed 2026 guidance) and utility rate-base growth underpin resilience. The primary negatives were manageable near-term items: slight EPS decline from non-cash and financing charges, leverage at 5.1x influenced by FX, headwinds from lower market access contributions and higher interest rates, and timing/permitting uncertainty for larger upstream Mainline decisions (MLO2) driven by policy implementation and commodity/geopolitical volatility. Overall, positives (project sanctions, backlog, EBITDA growth, renewables and gas demand momentum, and utility growth) substantially outweigh the noted lowlights, though execution and permitting timing remain watch points.View all DE:EN3 earnings summariesEN3 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
EN3 Stock 12 Month Forecast
Average Price Target
€49.27
▲(13.95% Upside)