In the last trading session, 12.32 million shares of the Enbridge Inc (NYSE:ENB) were traded, and its beta was 0.84. Most recently the company’s share price was $35.35, and it changed around $0.49 or 1.41% from the last close, which brings the market valuation of the company to $75.14B. ENB currently trades at a discount to its 52-week high of $40.30, offering almost -14.0% off that amount. The share price’s 52-week low was $31.03, which indicates that the current value has risen by an impressive 12.22% since then. We note from Enbridge Inc’s average daily trading volume that its 3-month average coming to 5.71 million.
Enbridge Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.22. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 6 recommended ENB as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Enbridge Inc is expected to report earnings per share of $ENBRIDGE INC for the current quarter.
Enbridge Inc (NYSE:ENB) trade information
Instantly ENB has showed a green trend with a performance of 1.41% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -1.86% year-to-date, but still up 4.74% over the last five days. On the other hand, Enbridge Inc (NYSE:ENB) is -1.23% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $44.17, which translates to bulls needing to increase their stock price by 19.97% from its current value. Analyst projections state that ENB is forecast to be at a low of $42.17461909 and a high of $47.7448518.
Enbridge Inc (ENB) estimates and forecasts
Enbridge Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 10.16 percent over the past six months and at a 3.38% annual growth rate that is well above the industry average of 0.30%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 13.31%. Enbridge Inc earnings are expected to increase by 0.04% in 2024, but the outlook is positive 3.05% per year for the next five years.
ENB Dividends
Enbridge Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 7.48 percent and its annual dividend per share was 2.64. It is important to note, however, that the 7.48% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
