During the recent session, Enbridge Inc (NYSE:ENB)’s traded shares were 0.66 million, with the beta value of the company hitting 0.73. At the last check today, the stock’s price was $44.41, reflecting an intraday loss of -0.18% or -$0.08. The 52-week high for the ENB share is $47.44, that puts it down -6.82 from that peak though still a striking 19.66% gain since the share price plummeted to a 52-week low of $35.68. The company’s market capitalization is $96.83B, and the average intraday trading volume over the past 10 days was 3.46 million shares, and the average trade volume was 3.83 million shares over the past three months.
Enbridge Inc (ENB) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.25. ENB has a Sell rating from 1 analyst(s) out of 9 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.58.
Enbridge Inc (NYSE:ENB) trade information
Enbridge Inc (ENB) registered a -0.18% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.18% in intraday trading to $44.41, hitting a weekly high. The stock’s 5-day price performance is -0.74%, and it has moved by -3.14% in 30 days. Based on these gigs, the overall price performance for the year is 4.67%. The short interest in Enbridge Inc (NYSE:ENB) is 22.66 million shares and it means that shorts have 5.56 day(s) to cover.
The consensus price target of analysts on Wall Street is $43, which implies a decrease of -3.28% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $42.17461909 and $63 respectively. As a result, ENB is trading at a discount of -41.86% off the target high and 5.03% off the low.
Enbridge Inc (ENB) estimates and forecasts
In the rating firms’ projections, revenue will decrease -2.54% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 10.56B as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 11.44B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 11.34B and 14.88B respectively. In this case, analysts expect current quarter sales to shrink by -6.82% and then drop by -23.11% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -2.98%. While earnings are projected to return 6.95% in 2025, the next five years will return 7.71% per annum.
ENB Dividends
Enbridge Inc is due to release its next quarterly earnings on 2025-May-09. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Enbridge Inc is 2.66, with the dividend yield indicating at 5.98 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 6.84%.
Enbridge Inc (NYSE:ENB)’s Major holders
Enbridge Inc insiders own 0.08% of total outstanding shares while institutional holders control 54.68%, with the float percentage being 54.73%. ROYAL BANK OF CANADA is the largest shareholder of the company, while 1769.0 institutions own stock in it. As of 2024-06-30, the company held over 130.2 million shares (or 6.0924% of all shares), a total value of $4.63 billion in shares.
The next largest institutional holding, with 86.27 million shares, is of VANGUARD GROUP INC’s that is approximately 4.0368% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.07 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Enbridge Inc (ENB) shares are Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . Data provided on Apr 30, 2025 indicates that Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. owns about 38.08 shares. This amounts to just over 1.75 percent of the company’s overall shares, with a $1.69 billion market value. The same data shows that the other fund manager holds slightly less at 30.95, or about 1.42% of the stock, which is worth about $1.38 billion.
