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Enbridge Inc is an oil & gas midstream business based in the US. Enbridge shares (ENB) are listed on the NYSE and all prices are listed in US Dollars. Enbridge employs 13,000 staff and has a market cap (total outstanding shares value) of USD$58.9 billion.
Since the stock market crash in March caused by coronavirus, Enbridge's share price has had significant negative movement.
Its last market close was USD$29.06, which is 30.59% down on its pre-crash value of USD$41.87 and 28.75% up on the lowest point reached during the March crash when the shares fell as low as USD$22.57.
If you had bought USD$1,000 worth of Enbridge shares at the start of February 2020, those shares would have been worth USD$578.07 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$707.61.
|Latest market close||USD$29.06|
|52-week range||USD$22.57 - USD$43.15|
|50-day moving average||USD$30.3031|
|200-day moving average||USD$30.9946|
|Wall St. target price||USD$41.66|
|Dividend yield||USD$2.48 (8.55%)|
|Earnings per share (TTM)||USD$0.726|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-15)||-0.72%|
|1 month (2020-09-22)||-4.75%|
|3 months (2020-07-22)||-7.57%|
|6 months (2020-04-22)||1.43%|
|1 year (2019-10-22)||-19.88%|
|2 years (2018-10-22)||-9.75%|
|3 years (2017-10-20)||-26.07%|
|5 years (2015-10-22)||-33.46%|
Valuing Enbridge stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Enbridge's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Enbridge's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 41x. In other words, Enbridge shares trade at around 41x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Enbridge's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.94. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Enbridge's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Gross profit TTM||USD$19.1 billion|
|Return on assets TTM||2.95%|
|Return on equity TTM||3.34%|
|Market capitalisation||USD$58.9 billion|
TTM: trailing 12 months
There are currently 5.8 million Enbridge shares held short by investors – that's known as Enbridge's "short interest". This figure is 18.9% down from 7.2 million last month.
There are a few different ways that this level of interest in shorting Enbridge shares can be evaluated.
Enbridge's "short interest ratio" (SIR) is the quantity of Enbridge shares currently shorted divided by the average quantity of Enbridge shares traded daily (recently around 2.8 million). Enbridge's SIR currently stands at 2.09. In other words for every 100,000 Enbridge shares traded daily on the market, roughly 2090 shares are currently held short.
However Enbridge's short interest can also be evaluated against the total number of Enbridge shares, or, against the total number of tradable Enbridge shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Enbridge's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Enbridge shares in existence, roughly 0 shares are currently held short) or 0.0029% of the tradable shares (for every 100,000 tradable Enbridge shares, roughly 3 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Enbridge.
Find out more about how you can short Enbridge stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Enbridge.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 30.21
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Enbridge's overall score of 30.21 (as at 10/01/2020) is nothing to write home about – landing it in it in the 42nd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Enbridge is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 12.59/100
Enbridge's environmental score of 12.59 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Enbridge is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 13.25/100
Enbridge's social score of 13.25 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Enbridge is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 6.37/100
Enbridge's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Enbridge is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Enbridge scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Enbridge hasn't always managed to keep its nose clean.
|Total ESG score||30.21|
|Total ESG percentile||42.32|
|Environmental score percentile||6|
|Social score percentile||6|
|Governance score percentile||6|
|Level of controversy||3|
Dividend payout ratio: 91.98% of net profits
Recently Enbridge has paid out, on average, around 91.98% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.55% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Enbridge shareholders could enjoy a 8.55% return on their shares, in the form of dividend payments. In Enbridge's case, that would currently equate to about $2.48 per share.
Enbridge's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Enbridge's most recent dividend payout was on 1 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 13 August 2020 (the "ex-dividend date").
Enbridge's shares were split on a 2:1 basis on 1 June 2011. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Enbridge shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Enbridge shares which in turn could have impacted Enbridge's share price.
Over the last 12 months, Enbridge's shares have ranged in value from as little as $22.57 up to $43.15. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Enbridge's is 0.9337. This would suggest that Enbridge's shares are less volatile than average (for this exchange).
Enbridge Inc. operates as an energy infrastructure company in Canada and the United States. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution, Green Power and Transmission, and Energy Services. The Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The Gas Transmission and Midstream segment owns interests in natural gas pipelines, and gathering and processing facilities. The Gas Distribution segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as in Quebec and New Brunswick. The Green Power and Transmission segment operates renewable energy assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission facilities in the provinces of Alberta, Ontario, and Quebec, Canada; and in Colorado, Texas, Indiana, and West Virginia, the United States. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; transportation, storage, supply management, and product exchange services; crude oil, natural gas, NGL, and power marketing services; and physical commodity marketing and logistical services. 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.
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