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Enbridge Inc (ENB)
NYSE:ENB
Enbridge (ENB) Stock Price & Analysis
7,144 Followers
ENB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.84 - $38.37
Previous Close$37.83
Volume11.30M
Average Volume (3M)5.82M
Market Cap
$80.34B
Enterprise Value$137.32B
Total Cash (Recent Filing)C$5.90B
Total Debt (Recent Filing)C$81.20B
Price to Earnings (P/E)19.3
Beta0.73
Next Earnings
Aug 02, 2024EPS Estimate
$0.47Last Dividend Ex-Date
May 14, 2024Dividend Yield7.01%
Share Statistics
EPS (TTM)1.96
Shares Outstanding2,125,586,356
10 Day Avg. Volume6,382,690
30 Day Avg. Volume5,822,789
Standard Deviation0.06
R-Squared0.49
Alpha-0.00171
Financial Highlights & Ratios
Price to Book (P/B)5.71
Price to Sales (P/S)1.84
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
$38.38Price Target Upside3.76% Upside
Rating ConsensusHold
Number of Analyst Covering9
Enbridge News
PremiumCompany Announcements
Enbridge Inc. Posts Strong Q1 Earnings Growth
Bulls Say, Bears Say
Bulls Say
Financial PerformanceTransaction is expected to be accretive to AFFO, enhancing the company's cash flow.
Growth OpportunitiesENB's transaction provides exposure to future potential growth opportunities in the USGC region.
Strategic Business DecisionsThe joint venture asset base solidifies ENB's strong cash flow profile, with majority capacity contracted under long-term agreements.
Bears Say
Analyst RatingDespite raising the price target to C$45/sh, the analyst maintains an Underweight rating due to risks associated with LDC funding, TMX, and valuation.
Financial ForecastThe analyst's more muted outlook for the 2026 EBITDA estimate is based on lower WCSB supply growth forecast and lower assumed returns on growth projects.
Financial PerformanceFCF/share was C$0.40 versus the forecast of C$0.78, indicating a potential shortfall in expected free cash flow.
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Ownership Overview
0.48%
Insiders
8.45% Mutual Funds
21.43% Other Institutional Investors
69.64% 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 $38.37 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 Aug 02, 2024 which is in 80 days.
How were Enbridge Inc’s earnings last quarter?
Enbridge Inc released its earnings results on May 10, 2024. The company reported $0.673 earnings per share for the quarter, beating the consensus estimate of $0.598 by $0.075.
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 7.01%. See more information on Enbridge Inc dividends here
What is Enbridge Inc’s EPS estimate?
Enbridge Inc’s EPS estimate is $0.47.
How many shares outstanding does Enbridge Inc have?
Enbridge Inc has 2,126,090,800 shares outstanding.
What happened to Enbridge Inc’s price movement after its last earnings report?
Enbridge Inc reported an EPS of $0.673 in its last earnings report, beating expectations of $0.598. Following the earnings report the stock price went up 1.178%.
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:
$38.38 (3.76% Upside)
$38.38 (3.76% 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 ▼ 0.6%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.22%
12-Months-Change
Fundamentals
Return on Equity
9.38%
Trailing 12-Months
Asset Growth
7.71%
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
Q1 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
$38.38
▲(3.76% Upside)
Technical Analysis
Best Analysts Covering ENB
1 Year
1 Year Success Rate
29/40 ratings generated profit
1 Year Average Return
+13.99%
reiterated a buy rating 2 days ago
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