Enbridge Inc. (ENB)

NYSE: ENB · Real-Time Price · USD
45.31
+0.80 (1.80%)
At close: Jan 21, 2025, 4:00 PM
45.49
+0.18 (0.40%)
After-hours: Jan 21, 2025, 4:56 PM EST
1.80%
Market Cap 98.72B
Revenue (ttm) 35.94B
Net Income (ttm) 4.65B
Shares Out 2.18B
EPS (ttm) 2.17
PE Ratio 20.86
Forward PE 21.72
Dividend $2.68 (5.92%)
Ex-Dividend Date Feb 14, 2025
Volume 4,788,929
Open 44.61
Previous Close 44.51
Day's Range 44.46 - 45.78
52-Week Range 32.85 - 45.78
Beta 0.91
Analysts Buy
Price Target 63.00 (+39.04%)
Earnings Date Feb 14, 2025

About 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 fac... [Read more]

Sector Energy
Founded 1949
Employees 11,500
Stock Exchange NYSE
Ticker Symbol ENB
Full Company Profile

Financial Performance

In 2023, Enbridge's revenue was 43.65 billion, a decrease of -18.12% compared to the previous year's 53.31 billion. Earnings were 5.84 billion, an increase of 125.53%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for ENB stock is "Buy" and the 12-month stock price forecast is $63.0.

Price Target
$63.0
(39.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

2 Very Overrated And 2 Very Underrated Big Dividend Stocks

High-yield stocks with strong business models and balance sheets reduce investment speculation and offer attractive total returns, but valuation still matters. I look at two big dividend blue-chip sto...

Other symbols: ARCCGBDCOKETRPWPC
9 hours ago - Seeking Alpha

5 Big Dividend Growth Blue-Chips For A Rich Retirement

Retiring with dividends is best done with a diversified portfolio of blue-chip dividend growth stocks to ensure stable and growing passive income. I discuss a simple method for building such a portfol...

Other symbols: BAMBIPBIPCBNBXBXSLEPD
12 hours ago - Seeking Alpha

An 8%+ Retirement Income Cocktail Of: 1 BDC, 1 MLP, And 1 ETF

The usual sweet spot range for high and durable income is 6-8%. Anything above that tends to come with unfavorable financial risk. Yet, by being selective and careful, 8%+ exceptions can be found.

Other symbols: EPDETFDUSKBDCQYLDWES
5 days ago - Seeking Alpha

Here's My Single Favorite Place To Buy Income

The market is facing challenges with sticky inflation and elevated valuations, necessitating a focus on high-quality, high-yielding dividend stocks to outperform. Rising long-term rates and a high ter...

Other symbols: AMAMLPEPDETKMIMLPXMPLX
6 days ago - Seeking Alpha

3 Exceptional 6%-Yielding Blue Chip Dividend Growth Stocks

Building a lasting dividend growth portfolio requires focusing on high-quality blue-chip stocks that consistently grow dividends. Many turn to SCHD for this, but it is not enough. I share three of the...

Other symbols: AMLPBIZD
6 days ago - Seeking Alpha

Enbridge Preferreds Deliver: Where We Are Going Next

We had previously recommended two Enbridge Preferred shares for low-risk income. We go over the performance of those and tell you why we sold every last share. We examine Enbridge's 2025 guidance and ...

8 days ago - Seeking Alpha

Enbridge Inc. to Host Webcast to Discuss 2024 Fourth Quarter Results on February 14

CALGARY, AB , Jan. 10, 2025 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will host a conference call and webcast to provide a business update and review 2024 fourth qu...

11 days ago - PRNewsWire

Enbridge: Set For EBITDA Growth Acceleration

Leadership changes in the US and Canada can help boost volume-led growth as the O&G sector gets more encouraged to increase production. Enbridge's deal with Alberta's government to double O&G producti...

11 days ago - Seeking Alpha

How To Invest $1 Million For Sustainable Retirement Passive Income

Retiring on $1 million is increasingly challenging. Doing it with dividends can make it more feasible. I share two approaches to retiring on dividends with $1 million.

11 days ago - Seeking Alpha

5 Top Stocks Yielding Over 5% For 2025

The New Year is a good time to review your portfolio and acquire some new investments. Tax-loss selling in December often leads to opportunities in January. I started rotating out of U.S. tech stocks ...

Other symbols: HSBCOCSLTDTRMD
14 days ago - Seeking Alpha

EDF Renewables North America and Enbridge Announce Commercial Operation of Fox Squirrel Solar

SAN DIEGO & CALGARY, Alberta--(BUSINESS WIRE)--EDF Renewables North America and Enbridge Inc, a leading North American energy infrastructure company (TSX: ENB) (NYSE: ENB), today announced that the Am...

15 days ago - Business Wire

Enbridge: 6.6-7% Yielding Preferred Shares While Common Stock Provides Capital Gains Exposure

Enbridge's strong financials and excellent preferred dividend coverage make a hybrid investment strategy of common shares and preferred securities appealing. Enbridge's DCF performance is impressive, ...

24 days ago - Seeking Alpha

8 Stocks I'm Buying As I Hone My Buying Strategy For 2025

I visualize my portfolio as a galley ship with rowers (steady compounders) and sails (high-yielding securities) for balanced growth and income. In 2025, my goal is to refocus on rowers to enhance divi...

24 days ago - Seeking Alpha

Enbridge: A Top Capital Return Play For 2025

Enbridge's shares have gained 15% YTD in 2024, but are still undervalued, in my opinion. Growth from recent natural gas acquisitions and a positive FY 2025 guidance are two reasons to buy ENB. Enbridg...

4 weeks ago - Seeking Alpha

If I Had To Retire With Only 3 Picks, It Would Be These

Once in a while, it makes sense for investors to reassess their holdings. Going back to the roots is critical to stay on track for what we have defined as our investment goals from the start. Recently...

4 weeks ago - Seeking Alpha

Worried About Higher For Longer? Sleep Well With This 7%-Yielding Portfolio

The threat of higher inflation and interest rates for longer has sent the market into turmoil. However, high yield investors have nothing to fear from this development. We share a 7%-yielding portfoli...

4 weeks ago - Seeking Alpha

Enbridge: Dividend Champion Deeply Undervalued

Enbridge's stock and preferred shares are strong buys, offering attractive dividend yields of 6.5% and 7%+ respectively, backed by solid fundamentals and growth prospects. The company's diversified gr...

4 weeks ago - Seeking Alpha

I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025

AI stocks have dominated the markets over the past few years. However, there are a few other sectors that have also shined over the past few years. I share two high-flying big dividend sectors that, I...

5 weeks ago - Seeking Alpha

You Didn't Miss The Boat On Enbridge

Enbridge Inc. boasts a $100 billion market cap, a 6% dividend yield, and a robust asset portfolio, positioning ENB stock for future growth. The company's mainline pipeline is crucial, with a forecast ...

5 weeks ago - Seeking Alpha

Enbridge: Canada's Christmas Gift For Income Investors (Rating Upgrade)

Enbridge Inc.'s Q3 financials reflected some headwinds, which are all temporary in my view. Long-term growth is intact, thanks to rising electricity demand from AI and digital applications, ENB's stra...

5 weeks ago - Seeking Alpha

Enbridge: Attractive Yield And Strong Backlog Make It A Buy

Enbridge has demonstrated strong performance with record Q3 EBITDA, and strategic acquisitions, reinforcing its growth potential. ENB's diversified portfolio in crude oil, natural gas, utilities, and ...

5 weeks ago - Seeking Alpha

If The Market Shut Down For 10 Years, I'd Be Happy To Own These 2 Stocks

Warren Buffett has a famous quote: only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. In my view, from time to time, it is worth asking this question to our...

Other symbols: MAIN
6 weeks ago - Seeking Alpha

Enbridge, South Bow And The 25% Tariff On Canadian Imports To The US

President-elect Trump's 25% tariffs on Canadian imports could severely impact Canadian midstream companies like Enbridge and South Bow, though markets remain skeptical. Enbridge and South Bow's long-t...

Other symbols: SOBO
6 weeks ago - Seeking Alpha

5 Relatively Secure And Cheap Dividend Stocks For December 2024: Yields Up To 9%

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filter...

6 weeks ago - Seeking Alpha

Enbridge: I Am Not Impressed With The Recent Dividend Increase

Enbridge has a vast midstream network, transporting 30% of North America's crude oil and 20% of U.S. natural gas, along with a 6.15% dividend yield. Despite strong revenue and net income growth, Enbri...

6 weeks ago - Seeking Alpha