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Enbridge Inc (TSE:ENB)
TSX:ENB
Enbridge (ENB) Stock Price & Analysis
3,815 Followers
ENB Stock Chart & Stats
Day’s RangeC$48.29 - C$48.93
52-Week Range― - ―
Previous CloseC$48.41
Volume7.04M
Average Volume (3M)N/A
Market Cap
$102.90B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 10, 2024EPS Estimate
C$0.82Last Dividend Ex-Date
Feb 14, 2024Dividend Yield7.5%
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$51.18Price Target Upside4.75% Upside
Rating ConsensusHold
Number of Analyst Covering9
Enbridge News
PremiumCompany Announcements
Enbridge Maintains Dividend Payouts for Shareholders
PremiumPress Releases
Enbridge Inc. Declares Quarterly Dividends
PremiumCompany Announcements
Enbridge Clinches Regulatory Nod for Mainline TariffsBulls 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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Options Prices
Currently, No data available
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Ownership Overview
0.48%
Insiders
8.44% Mutual Funds
8.25% Other Institutional Investors
82.82% Public Companies and Individual Investors
ENB FAQ
What was Enbridge Inc’s price range in the past 12 months?
Currently, no data Available
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 15 days.
How were Enbridge Inc’s earnings last quarter?
Enbridge Inc released its earnings results on Feb 09, 2024. The company reported C$0.64 earnings per share for the quarter, missing the consensus estimate of C$0.676 by -C$0.036.
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 C$0.92 which represents an annual dividend yield of 7.5%. See more information on Enbridge Inc dividends here
What is Enbridge Inc’s EPS estimate?
Enbridge Inc’s EPS estimate is C$0.82.
How many shares outstanding does Enbridge Inc have?
Currently, no data Available
What happened to Enbridge Inc’s price movement after its last earnings report?
Enbridge Inc reported an EPS of C$0.64 in its last earnings report, missing expectations of C$0.676. Following the earnings report the stock price went down -0.369%.
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:
C$51.18 (4.75% Upside)
C$51.18 (4.75% Upside)
Blogger Sentiment
Bullish
TSE: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 ▼ 1.0%
Last 30 Days ▼ 5.6%
Last 30 Days ▼ 5.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.96%
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
C$51.18
▲(4.75% Upside)
Technical Analysis
Best Analysts Covering ENB
1 Year
1 Year Success Rate
28/40 ratings generated profit
1 Year Average Return
+13.27%
reiterated a buy rating 30 days ago
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