Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Updated . What changed?
Enbridge Inc is an oil & gas midstream business based in Canada. Enbridge shares (ENB.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$38 – a decrease of 4.16% over the previous week. Enbridge employs 13,000 staff and has a trailing 12-month revenue of around C$41.4 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 C$38, which is 31.30% down on its pre-crash value of C$55.31 and 14.94% up on the lowest point reached during the March crash when the shares fell as low as C$33.06.
If you had bought C$1,000 worth of Enbridge shares at the start of February 2020, those shares would have been worth C$631.49 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 C$696.16.
|Latest market close||C$38|
|52-week range||C$31.2209 - C$53.3638|
|50-day moving average||C$40.9521|
|200-day moving average||C$40.8834|
|Wall St. target price||C$50.68|
|Dividend yield||C$3.34 (8.18%)|
|Earnings per share (TTM)||C$0.96|
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.
|1 week (2021-01-13)||-13.54%|
|1 month (2020-12-18)||-9.37%|
|3 months (2020-10-20)||-0.45%|
|6 months (2020-07-20)||-7.95%|
|1 year (2020-01-20)||-28.40%|
|2 years (2019-01-18)||-20.68%|
|3 years (2018-01-19)||-22.84%|
|5 years (2016-01-20)||-7.83%|
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 42x. In other words, Enbridge shares trade at around 42x recent earnings.
Enbridge's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.2. 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.
Enbridge's EBITDA (earnings before interest, taxes, depreciation and amortisation) is CADC$11.8 billion.
The EBITDA is a measure of a Enbridge's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||CADC$41.4 billion|
|Operating margin TTM||19.73%|
|Gross profit TTM||CADC$19.1 billion|
|Return on assets TTM||3.11%|
|Return on equity TTM||3.45%|
|Market capitalisation||CADC$82.4 billion|
TTM: trailing 12 months
There are currently 77.6 million Enbridge shares held short by investors – that's known as Enbridge's "short interest". This figure is 5.2% up from 73.8 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 8.8 million). Enbridge's SIR currently stands at 8.85. In other words for every 100,000 Enbridge shares traded daily on the market, roughly 8850 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 0.04% of the outstanding shares (for every 100,000 Enbridge shares in existence, roughly 40 shares are currently held short) or 0.0384% of the tradable shares (for every 100,000 tradable Enbridge shares, roughly 38 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly 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: 31.21
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Enbridge's overall score of 31.21 (as at 01/01/2019) is nothing to write home about – landing it in it in the 43rd 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: 13.59/100
Enbridge's environmental score of 13.59 puts it squarely in the 7th 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: 14.25/100
Enbridge's social score of 14.25 puts it squarely in the 7th 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: 7.37/100
Enbridge's governance score puts it squarely in the 7th 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||31.21|
|Total ESG percentile||43.32|
|Environmental score percentile||7|
|Social score percentile||7|
|Governance score percentile||7|
|Level of controversy||3|
Dividend payout ratio: 130.65% of net profits
Recently Enbridge has paid out, on average, around 130.65% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.18% 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 8.18% return on their shares, in the form of dividend payments. In Enbridge's case, that would currently equate to about C$3.34 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 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 11 February 2021 (the "ex-dividend date").
Enbridge's shares were split on a 2:1 basis on 20 May 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 C$31.2209 up to C$53.3638. 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 (TO average) beta is 1, while Enbridge's is 0.9285. This would suggest that Enbridge's shares are less volatile than average (for this exchange).
Enbridge Inc. 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 and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services 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.
Steps to owning and managing Opendoor stocks, with 24-hour and historical pricing before you buy.
Steps to owning and managing Opendoor stocks, with 24-hour and historical pricing before you buy.
Ever wondered how to buy shares in MGT Capital Investments? We explain how and compare a range of providers that can give you access to many brands, including MGT Capital Investments.
Ever wondered how to buy shares in Switchback Energy Acquisition? We explain how and compare a range of providers that can give you access to many brands, including Switchback Energy Acquisition.
Ever wondered how to buy shares in SkyWest? We explain how and compare a range of providers that can give you access to many brands, including SkyWest.
Ever wondered how to buy shares in Spectrum Brands Holdings? We explain how and compare a range of providers that can give you access to many brands, including Spectrum Brands Holdings.
Steps to owning and managing Taylor Morrison Home stocks, with 24-hour and historical pricing before you buy.
Ever wondered how to buy shares in StoneX Group? We explain how and compare a range of providers that can give you access to many brands, including StoneX Group.
Ever wondered how to buy shares in Li Auto? We explain how and compare a range of providers that can give you access to many brands, including Li Auto.
Ever wondered how to buy shares in Service Properties Trust ? We explain how and compare a range of providers that can give you access to many brands, including SVC.US.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.