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Enbridge Inc (ENB)
NYSE:ENB
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ENB Stock Chart & Stats
Day’s Range― - ―
52-Week Range$32.86 - $44.90
Previous Close$44.05
Volume2.74M
Average Volume (3M)3.72M
Market Cap
$95.18B
Enterprise Value$222.87B
Total Cash (Recent Filing)$1.49B
Total Debt (Recent Filing)$36.49B
Price to Earnings (P/E)20.4
Beta0.51
Next Earnings
Feb 14, 2025EPS Estimate
0.51Next Dividend Ex-Date
Feb 14, 2025Dividend Yield6.08%
Share Statistics
EPS (TTM)2.16
Shares Outstanding2,177,956,300
10 Day Avg. Volume3,772,127
30 Day Avg. Volume3,719,148
Standard Deviation0.07
R-Squared0.55
Alpha-0.00153
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.84
Price to Cash Flow (P/CF)11.60
P/FCF Ratio15.40
Enterprise Value/Market Cap2.34
Enterprise Value/Revenue5.14
Enterprise Value/Gross Profit12.61
Enterprise Value/Ebitda17.29
Forecast
1Y Price Target
$46.68Price Target Upside4.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Enbridge News
PremiumCompany Announcements
Enbridge Welcomes Douglas Foshee to Board
PremiumCompany Announcements
Enbridge Announces 3% Dividend Increase for 2025
PremiumCompany Announcements
Enbridge Announces Dividend Hike and Growth OutlookBulls Say, Bears Say
Bulls Say
Business GrowthEnbridge is budgeting a significant increase in LDC capital expenditures due to rising demand, which offers quick cycle returns and immediate earnings in some jurisdictions.
Financial PerformanceThe price target for Enbridge has been raised to C$60 per share, reflecting a higher EBITDA forecast and expectations of dividend growth.
Regulatory ApprovalThe Trump administration could accelerate Line 5 approval, which would improve Mainline growth visibility and prompt further investments.
Bears Say
Renewable Energy InvestmentsManagement noted that if solar tax credits were repealed, Enbridge would likely halt renewable capital expenditures.
Stock ValuationEnbridge Inc already trades at a premium valuation compared to its large-cap peers.
Tax ExpensesHigher cash taxes of approximately $1 billion are expected due to lower bonus depreciation.
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Ownership Overview
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Insiders
7.57% Mutual Funds
0.53% Other Institutional Investors
84.14% 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 $32.85 and its highest was $44.90 in the past 12 months.
What is Enbridge Inc’s market cap?
Enbridge Inc’s market cap is $95.18B.
When is Enbridge Inc’s upcoming earnings report date?
Enbridge Inc’s upcoming earnings report date is Feb 14, 2025 which is in 26 days.
How were Enbridge Inc’s earnings last quarter?
Enbridge Inc released its earnings results on Nov 01, 2024. The company reported $0.383 earnings per share for the quarter, beating the consensus estimate of $0.378 by $0.006.
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 $0.657 which represents an annual dividend yield of 6.08%. See more information on Enbridge Inc dividends here
What is Enbridge Inc’s EPS estimate?
Enbridge Inc’s EPS estimate is 0.51.
How many shares outstanding does Enbridge Inc have?
Enbridge Inc has 2,177,956,300 shares outstanding.
What happened to Enbridge Inc’s price movement after its last earnings report?
Enbridge Inc reported an EPS of $0.383 in its last earnings report, beating expectations of $0.378. Following the earnings report the stock price went up 0.05%.
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 31M.
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Enbridge Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$46.68 (4.88% Upside)
$46.68 (4.88% Upside)
Blogger Sentiment
Bullish
ENB Sentiment 97%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 70.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.28%
12-Months-Change
Fundamentals
Return on Equity
10.11%
Trailing 12-Months
Asset Growth
15.43%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong financial performance and successful acquisitions driving growth. There were some operational challenges due to hurricanes and legal issues affecting certain projects, but these were not financially material. Enbridge's strong dividend history and strategic investments in renewables and utilities position the company well for future growth.Read More>---
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
$46.68
▲(4.88% Upside)
Technical Analysis
TC Energy
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Pembina Pipeline
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Enterprise Products Partners
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Oneok
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Best Analysts Covering ENB
1 Year
1 Year Success Rate
33/46 ratings generated profit
1 Year Average Return
+15.15%
reiterated a buy rating 11 days ago
Copying Robert Catellier's trades and holding each position for 1 Year would result in 71.74% of your transactions generating a profit, with an average return of +15.15% per trade.
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