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Enbridge Inc (ENB)
NYSE:ENB
Enbridge (ENB) Stock Price & Analysis
7,083 Followers
ENB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.84 - $37.42
Previous Close$36.67
Volume4.42M
Average Volume (3M)6.09M
Market Cap
$77.94B
Enterprise Value$135.22B
Total Cash (Recent Filing)C$5.90B
Total Debt (Recent Filing)C$81.20B
Price to Earnings (P/E)17.4
Beta0.72
Next Earnings
May 10, 2024EPS Estimate
$0.6Next Dividend Ex-Date
May 14, 2024Dividend Yield7.23%
Share Statistics
EPS (TTM)2.10
Shares Outstanding2,125,586,356
10 Day Avg. Volume7,326,472
30 Day Avg. Volume6,094,437
Standard Deviation0.06
R-Squared0.49
Alpha-0.00171
Financial Highlights & Ratios
Price to Book (P/B)5.49
Price to Sales (P/S)1.79
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
$37.16Price Target Upside0.90% Upside
Rating ConsensusHold
Number of Analyst Covering9
Enbridge News
PremiumCompany Announcements
Enbridge Maintains Dividend Payouts for Shareholders
PremiumPress Releases
Enbridge Inc. Declares Quarterly Dividends
Bulls Say, Bears Say
Bulls Say
Financial OutlookENB updates its near-term EBITDA outlook with expected average annual growth of 7-9% through 2026, reflecting secured transactions and base business growth.
Financial PerformanceThe acquisition of East Ohio Gas Company enhances ENB's asset base and contributes significantly to its EBITDA.
Strategic GrowthENB's transaction provides exposure to potential growth opportunities in the USGC region.
Bears Say
Company ValuationDespite raising the price target to C$45/sh, the analyst maintains an Underweight rating due to risks associated with LDC funding, TMX, and valuation.
Earnings MissFCF/share was C$0.40 versus the forecast of C$0.78, indicating a potential concern for the company's profitability.
Financial PerformanceGas Distribution Business to appeal OEB's negative decision, which could impact net income due to reduced capex.
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Ownership Overview
0.48%
Insiders
8.45% Mutual Funds
11.03% Other Institutional Investors
80.04% 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 tomorrow.
How were Enbridge Inc’s earnings last quarter?
Enbridge Inc released its earnings results on Feb 09, 2024. The company reported $0.468 earnings per share for the quarter, missing the consensus estimate of $0.494 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 $0.67 which represents an annual dividend yield of 7.23%. See more information on Enbridge Inc dividends here
What is Enbridge Inc’s EPS estimate?
Enbridge Inc’s EPS estimate is $0.6.
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 $0.468 in its last earnings report, missing expectations of $0.494. 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$37.16 (0.90% Upside)
$37.16 (0.90% Upside)
Blogger Sentiment
Bullish
ENB Sentiment 94%
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 ▼ 1.5%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.04%
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 Month Forecast
Average Price Target
$37.16
▲(0.90% Upside)
Technical Analysis
Best Analysts Covering ENB
1 Year
1 Year Success Rate
29/40 ratings generated profit
1 Year Average Return
+13.65%
reiterated a buy rating last month
Copying Robert Catellier's trades and holding each position for 1 Year would result in 72.50% of your transactions generating a profit, with an average return of +13.65% per trade.
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