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Enbridge Inc (ENB)
NYSE:ENB
Enbridge (ENB) Stock Price & Analysis
7,304 Followers
ENB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.31 - $37.69
Previous Close$35.89
Volume1.10M
Average Volume (3M)5.92M
Market Cap
$76.03B
Enterprise Value$141.55B
Total Cash (Recent Filing)C$1.21B
Total Debt (Recent Filing)C$87.58B
Price to Earnings (P/E)18.3
Beta0.71
Next Earnings
Aug 02, 2024EPS Estimate
$0.47Last Dividend Ex-Date
May 14, 2024Dividend Yield7.42%
Share Statistics
EPS (TTM)1.96
Shares Outstanding2,126,090,754
10 Day Avg. Volume4,671,511
30 Day Avg. Volume5,916,707
Standard Deviation0.07
R-Squared0.52
Alpha-0.00319
Financial Highlights & Ratios
Price to Book (P/B)5.42
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)8.00
P/FCF Ratio9.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$40.52Price Target Upside13.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Enbridge News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceQ1/24 results highlight the strength of ENB's base business, growing demand for energy infrastructure (both traditional and non-traditional), and more resilient Mainline volumes following TMX start-up than expected.
ProjectsENB could partner with Whitewater on a new Permian gas pipeline project, which is considered a frontrunner.
ValuationGas storage valuations are increasing significantly due to rising LNG exports and power demand.
Bears Say
Mergers And AcquisitionsENB is unlikely to announce large-scale M&A in the near term and seems less interested in crude gathering assets.
Regulatory And Funding UncertaintyThe rating is Market Perform, which balances the attractive yield of ~7% and improved growth outlook with the regulatory and funding uncertainty with the pending U.S. gas utility acquisition.
Strategic InterestsLarge-scale M&A unlikely for now.
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Ownership Overview
0.48%
Insiders
8.54% Mutual Funds
7.19% Other Institutional Investors
83.78% 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 $29.31 and its highest was $37.69 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 28 days.
How were Enbridge Inc’s earnings last quarter?
Enbridge Inc released its earnings results on May 10, 2024. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.595 by $0.074.
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 7.42%. 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 $0.67 in its last earnings report, beating expectations of $0.595. Following the earnings report the stock price went up 1.172%.
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 25M.
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Enbridge Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$40.52 (13.57% Upside)
$40.52 (13.57% Upside)
Blogger Sentiment
Bullish
ENB Sentiment 94%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 895.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.68%
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
$40.52
▲(13.57% Upside)
Technical Analysis
Best Analysts Covering ENB
1 Year
1 Year Success Rate
29/41 ratings generated profit
1 Year Average Return
+13.20%
reiterated a buy rating 2 months ago
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