TSE:ENB Enbridge (ENB) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free ENB Stock Alerts C$48.95 +0.14 (+0.29%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$48.75▼C$49.0950-Day RangeC$45.14▼C$48.8152-Week RangeC$42.75▼C$54.05Volume5.30 million shsAverage Volume6.97 million shsMarket CapitalizationC$104.26 billionP/E Ratio17.24Dividend Yield7.48%Price TargetC$53.65 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Enbridge alerts: Email Address Enbridge MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside9.6% UpsideC$53.65 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.69Based on 16 Articles This WeekInsider TradingSelling SharesC$2,055 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.85 out of 5 stars 2.3 Analyst's Opinion Consensus RatingEnbridge has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$53.65, Enbridge has a forecasted upside of 9.6% from its current price of C$48.95.Amount of Analyst CoverageEnbridge has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ENB. Previous Next 1.7 Dividend Strength Dividend LeadershipEnbridge is a leading dividend payer. It pays a dividend yield of 7.50%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEnbridge does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Enbridge is 128.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENB. Previous Next 3.2 News and Social Media Coverage News SentimentEnbridge has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Enbridge this week, compared to 9 articles on an average week.Search Interest167 people have searched for ENB on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.MarketBeat FollowsOnly 18 people have added Enbridge to their MarketBeat watchlist in the last 30 days. This is a decrease of -18% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Enbridge insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,055.00 in company stock.Percentage Held by InsidersOnly 0.10% of the stock of Enbridge is held by insiders.Percentage Held by Institutions53.80% of the stock of Enbridge is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Enbridge is 17.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Enbridge is 17.24, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 91.16.Price to Earnings Growth RatioEnbridge has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEnbridge has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.Get the name of the stock here - before it takes off >>> About Enbridge Stock (TSE:ENB)Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.Read More ENB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ENB Stock News HeadlinesMarch 28, 2024 | finanznachrichten.deEnbridge: Creating a 'Healthy, Happy Student Population' Through Outdoor LearningMarch 28, 2024 | seekingalpha.comEnbridge: Vast Upside Potential And Compelling YieldMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 28, 2024 | americanbankingnews.comEnbridge Inc. (TSE:ENB) Receives Consensus Recommendation of "Moderate Buy" from AnalystsMarch 27, 2024 | msn.comEnbridge forms joint venture for Permian Basin gas supplyMarch 26, 2024 | ca.news.yahoo.comEnbridge joint venture to connect Permian Basin natural gas to U.S. Gulf CoastMarch 26, 2024 | finance.yahoo.comEnbridge Inc.: Enbridge: Permian Joint Venture Expands Opportunity Set for Reasonable CostMarch 23, 2024 | msn.comWater protectors rally in Ohio over Enbridge pipelineMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 23, 2024 | americanbankingnews.comEnbridge Inc. (TSE:ENB) Forecasted to Post Q2 2024 Earnings of $0.64 Per ShareMarch 22, 2024 | americanbankingnews.comBrokers Offer Predictions for Enbridge Inc.'s FY2024 Earnings (TSE:ENB)March 21, 2024 | finance.yahoo.comIs Enbridge Inc. (TSE:ENB) Trading At A 43% Discount?March 20, 2024 | finance.yahoo.com2024 Enbridge Day: 'North America Has a Critical Role To Play' in Global Energy Transition, Says CEOMarch 19, 2024 | seekingalpha.comEnbridge: Market's Near-Term View Vs. The Long-Term ViewMarch 19, 2024 | markets.businessinsider.comPembina Pipeline Says Canada OKs Proposed Acquisition Of Enbridge's Interest In Alliance/Aux SableMarch 19, 2024 | msn.comPembina gets Canadian regulatory approval to buy Enbridge's interest in JVsMarch 19, 2024 | americanbankingnews.comEnbridge (TSE:ENB) Stock Price Crosses Above 200-Day Moving Average of $46.73March 15, 2024 | theglobeandmail.comClosing Bell: Enbridge Inc Pref Ser 7 down on Friday (ENB-PR-J)March 13, 2024 | msn.comEnbridge stock logs a seven-day winning streak in the U.S.March 11, 2024 | markets.businessinsider.comJefferies Keeps Their Buy Rating on Enbridge (ENB)March 8, 2024 | msn.comEnbridge completes acquisition of Dominion’s East Ohio Gas CompanyMarch 8, 2024 | msn.comEnbridge CEO has 'no fear' amid Ontario clash over who pays for home gas linesMarch 7, 2024 | seekingalpha.comWhy 8%-Yielding Enbridge Is A Retiree's Dream Dividend StockMarch 6, 2024 | msn.comEnbridge to expand U.S. pipeline, grow export terminal in TexasMarch 6, 2024 | marketwatch.comEnbridge Sees Higher Earnings Into 2026, Plans More Investments in US Gulf CoastMarch 6, 2024 | markets.businessinsider.comEnbridge Reaffirms FY24, Post 2026 View; Increases And Extends Outlook Through 2026March 6, 2024 | msn.comEnbridge to spend $500 million on pipeline network, raises profit targetsSee More Headlines Receive ENB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Enbridge and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/09/2024Ex-Dividend for 3/1 Dividend2/14/2024Dividend Payable3/01/2024Today3/28/2024Next Earnings (Estimated)5/03/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas Midstream Sub-IndustryN/A Current SymbolTSE:ENB CUSIPN/A CIKN/A Webwww.enbridge.com Phone+1-403-2313900FaxN/AEmployees11,500Year FoundedN/APrice Target and Rating Average Stock Price TargetC$53.65 High Stock Price TargetC$63.00 Low Stock Price TargetC$50.00 Potential Upside/Downside+9.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.84 Trailing P/E Ratio17.27 Forward P/E Ratio17.27 P/E Growth0.75Net IncomeC$5.84 billion Net Margins14.18% Pretax MarginN/A Return on Equity9.47% Return on Assets3.20% Debt Debt-to-Equity Ratio127.95 Current Ratio0.83 Quick Ratio0.44 Sales & Book Value Annual SalesC$43.65 billion Price / Sales2.39 Cash FlowC$0.52 per share Price / Cash Flow94.53 Book ValueC$25.71 per share Price / Book1.91Miscellaneous Outstanding Shares2,130,000,000Free FloatN/AMarket CapC$104.46 billion OptionableNot Optionable Beta0.88 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Gregory Lorne Ebel (Age 60)President, CEO & Director Comp: $6.44MMr. Patrick Robert Murray (Age 48)Executive VP & CFO Comp: $1.47MMr. Colin Kenneth Gruending (Age 54)Executive VP & President of Liquids Pipelines Comp: $2.39MMs. Cynthia Lynn Hansen (Age 59)Executive VP and President of Gas Transmission & Midstream Comp: $2.31MMr. Matthew A. Akman (Age 56)Executive VP of Corporate Strategy & President of Power Comp: $1.28MMr. David Wayne Bryson (Age 57)Senior Vice President of Operations, Engineering & Liquids Pipelines Ms. Melissa M. LaForge (Age 38)Senior VP & Chief Accounting Officer Mr. Bhushan N. IvaturiSenior VP & Chief Information OfficerMs. Laura J. Buss Sayavedra (Age 57)Senior VP of Safety, Projects & Chief Administrative Officer Ms. Rebecca Morley CFA (Age 44)Director of Investor Relations More ExecutivesKey CompetitorsTC EnergyTSE:TRPPembina PipelineTSE:PPLCanadian Natural ResourcesTSE:CNQSuncor EnergyTSE:SUImperial OilTSE:IMOView All CompetitorsInsidersColin Kenneth GruendingSold 42 sharesTotal: C$2,054.64 ($48.92/share)Teresa Smith MaddenBought 2,100 shares on 12/18/2023Total: C$74,529.00 ($35.49/share)Dan Curtis TutcherSold 18,000 sharesTotal: C$635,400.00 ($35.30/share)View All Insider Transactions Should I Buy Enbridge Stock? ENB Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Enbridge was last updated on Tuesday, March 26, 2024 at 10:18 PM. Pros Here are some ways that investors could benefit from investing in Enbridge Inc.: Enbridge's recent approval for the proposed acquisition of its interest in Alliance/Aux Sable by Pembina Pipeline indicates potential strategic partnerships and growth opportunities. Enbridge's diversified business segments, including Liquids Pipelines, Gas Transmission, Renewable Power Generation, and Energy Services, provide a stable revenue stream across different energy sectors. Enbridge's strong presence in both Canada and the United States offers geographic diversification and exposure to different regulatory environments. Enbridge's focus on renewable power generation assets, such as wind and solar, aligns with the global shift towards sustainable energy sources, potentially attracting environmentally conscious investors. Enbridge's stock price performance has shown resilience and potential for growth, making it an attractive option for investors seeking capital appreciation. Cons Investors should be bearish about investing in Enbridge Inc. for these reasons: Enbridge's operations in the oil and gas midstream industry are subject to regulatory risks, environmental concerns, and fluctuations in commodity prices, which can impact profitability. Enbridge's gas distribution and storage segment's reliance on natural gas utility operations in Ontario and Quebec exposes the company to regional market conditions and regulatory changes. Enbridge's energy services segment, providing commodity marketing and logistical services, faces competition from other industry players, potentially affecting margins and market share. Enbridge's historical name change and corporate restructuring may have implications on investor sentiment and perception of the company's long-term stability. Enbridge's business model, heavily reliant on energy infrastructure, is susceptible to disruptions from natural disasters, geopolitical events, and technological advancements impacting energy transportation. ENB Stock Analysis - Frequently Asked Questions Should I buy or sell Enbridge stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ENB shares. View ENB analyst ratings or view top-rated stocks. What is Enbridge's stock price target for 2024? 12 Wall Street analysts have issued 1-year price objectives for Enbridge's shares. Their ENB share price targets range from C$50.00 to C$63.00. On average, they predict the company's stock price to reach C$53.65 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View analysts price targets for ENB or view top-rated stocks among Wall Street analysts. How have ENB shares performed in 2024? Enbridge's stock was trading at C$47.70 at the beginning of the year. Since then, ENB stock has increased by 2.6% and is now trading at C$48.95. View the best growth stocks for 2024 here. When is Enbridge's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our ENB earnings forecast. How were Enbridge's earnings last quarter? Enbridge Inc. (TSE:ENB) released its quarterly earnings results on Friday, February, 9th. The company reported $0.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by $0.04. The company had revenue of $11.30 billion for the quarter, compared to analyst estimates of $12.99 billion. Enbridge had a trailing twelve-month return on equity of 9.47% and a net margin of 14.18%. How often does Enbridge pay dividends? What is the dividend yield for Enbridge? Enbridge announced a quarterly dividend on Wednesday, February 14th. Investors of record on Friday, March 1st will be given a dividend of 0.915 per share on Friday, March 1st. This represents a $3.66 annualized dividend and a yield of 7.48%. The ex-dividend date of this dividend is Wednesday, February 14th. This is a boost from the stock's previous quarterly dividend of C$0.89. Read our dividend analysis for ENB. Is Enbridge a good dividend stock? Enbridge (TSE:ENB) pays an annual dividend of C$3.66 per share and currently has a dividend yield of 7.50%. ENB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 128.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for ENB. What other stocks do shareholders of Enbridge own? Based on aggregate information from My MarketBeat watchlists, some companies that other Enbridge investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), Toronto-Dominion Bank (TD), AutoCanada (ACQ), Bank of Nova Scotia (BNS), AbbVie (ABBV), Vermilion Energy (VET), BCE (BCE) and Suncor Energy (SU). How do I buy shares of Enbridge? Shares of ENB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:ENB) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryMost important medical advance in 100 yearsThe Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Enbridge Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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