In the latest trading session,, 1.04 million Enbridge Inc (NYSE:ENB) shares changed hands as the company’s beta touched 0.72. With the company’s most recent per share price at $45.44 changing hands around $0.24 or 0.53% at last look, the market valuation stands at $99.07B. ENB’s current price is a discount, trading about -4.4% off its 52-week high of $47.44. The share price had its 52-week low at $36.32, which suggests the last value was 20.07% up since then. When we look at Enbridge Inc’s average trading volume, we note the 10-day average is 4.15 million shares, with the 3-month average coming to 3.85 million.
Analysts gave the Enbridge Inc (ENB) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.17. If we narrow down to specifics, the data shows that 1 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended ENB as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Enbridge Inc’s EPS for the current quarter is expected to be 0.57.
Enbridge Inc (NYSE:ENB) trade information
Instantly ENB is in green as seen in intraday trades today. With action 0.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 24.36%, with the 5-day performance at 0.42% in the green. However, in the 30-day time frame, Enbridge Inc (NYSE:ENB) is 1.14% up. Looking at the short shares, we see there were 31.85 million shares sold at short interest cover period of 9.16 days.
The consensus price target for the stock as assigned by Wall Street analysts is 43, meaning bulls need a downside of -5.67% from its recent market value. According to analyst projections, ENB’s forecast low is 42.17461909 with 63 as the target high. To hit the forecast high, the stock’s price needs a -38.64% plunge from its current level, while the stock would need to tank 7.19% for it to hit the projected low.
Enbridge Inc (ENB) estimates and forecasts
Year-over-year growth is forecast to reach 0.12% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 10.61B. 3 analysts are of the opinion that Enbridge Inc’s revenue for the current quarter will be 11.42B. The company’s revenue for the corresponding quarters a year ago was 11.34B and 14.88B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -6.43%. The estimates for the next quarter sales put growth at -23.23%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.98%. The 2025 estimates are for Enbridge Inc earnings to increase by 7.77%, but the outlook for the next 5-year period is at 7.97% per year.
ENB Dividends
Enbridge Inc is expected to release its next quarterly earnings report on 2025-May-09. The 5.85% annual yield figure for the share gives it an annual dividend of 2.66. It is important to note, however, that the 5.85% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 6.84 per year.
Enbridge Inc (NYSE:ENB)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.14% of Enbridge Inc shares while 54.69% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 54.77%. There are 54.69% institutions holding the Enbridge Inc stock share, with ROYAL BANK OF CANADA the top institutional holder. As of 2024-06-30, the company held 6.0924% of the shares, roughly 130.2 million ENB shares worth $4.63 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.0368% or 86.27 million shares worth $3.07 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . With 38.08 shares estimated at $1.73 billion under it, the former controlled 1.75% of total outstanding shares. On the other hand, VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund held about 1.42% of the shares, roughly 30.95 shares worth around $1.4 billion.
