SPY advances 1.2% a week on average for past two weeks. ... the latest analyst forecasts show that the company will continue to see an expansion in its earnings. Enbridge Energy Partners, L.P. (NYSE:EEP) issued its earnings results on Thursday, November, 1st. (Source: “Q3 Financial Results & Business Update,” Enbridge Inc, November 6, 2020.) Canadian pipeline operator Enbridge Inc on Tuesday forecast higher core earnings for 2020 and said it had notified the country's energy … With the economic recovery underway and its four blue-chip assets fully utilized, the business performance should be far better than in 2020. However, more importantly, Enbridge will also start to generate material excess cash flow in 2022. Enbridge is trading at 38.66 as of the 23rd of July 2021, a -0.05% down since the beginning of the trading day. Ruth Saldanha. To see just why Enbridge stock could be one of the lower-risk plays in the energy sector, all … Enbridge (ENB-T) July 2, 2021. The Board of Directors of Enbridge Inc. (TSX: ENB) (NYSE: ENB) has declared a quarterly dividend of $0.835 per common share, payable on September 1, … Enbridge's (TSE:ENB) stock is up by a considerable 19% over the past three months. The Enbridge Inc. stock price gained 0.36% on the last trading day (Friday, 9th Jul 2021), rising from $49.93 to $50.11. Debt to Equity History and Analysis. During the day the stock fluctuated 0.72% from a day low at $49.75 to a day high of $50.11. (Analysts’ price target is $65.00) oil/gas pipelines. Enbridge Inc. analyst estimates, including ENB earnings per share estimates and analyst recommendations. To hit the forecast high, the stock’s price needs a +117.39% upsurge from its latest level, while the stock would need to tank 117.39% for it to hit the projected low. The previous Enbridge Inc (ENB) dividend was 83.5c and was paid 2 months ago. CALGARY, AB , May 7, 2021 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported first quarter 2021 financial results, reaffirmed its 2021 financial outlook, and provided a quarterly business update.. As of 2021 July 25, Sunday current price of ENB stock is 38.635$ and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception). As a result, Enbridge is even stronger today and is projected to achieve the mid-point of its 2020 financial guidance as set out in December 2019, further demonstrating its resilience. The stock's open price was 38.68. Enbridge Files 2020 Year End Disclosure Documents. The carnage in the energy sector in the first half of 2020 didn’t spare a single company operating in this space. Enbridge (ENB-T) December 15, 2020. Dividend Definition. Over the last five years, shares have been stagnant. Enbridge (ENB) Stock Moves -0.33%: What You Should Know 07/16/21-4:45PM EST Zacks The Zacks Analyst Blog Highlights: JPMorgan, Goldman Sachs, Microsoft, AbbVie, and Enbridge What’s going on? Enbridge says it has "no intention" of shutting down its ... back in June and September of 2020. Is now the time to buy beaten-down shares? During the day the stock fluctuated 1.02% from a day low at $39.89 to a day high of $40.29. Enbridge has undergone a significant portfolio shift over the past few years. Enbridge. Enbridge’s Dividend Is Only One Reason To Hold The Stock Aug. 18, 2020 at 6:36 a.m. Enbridge Inc. Stock Predictons by days: 2021. Canadian pipeline operator Enbridge Inc on Tuesday forecast higher core earnings for 2020 and said it had notified the country's energy … Explore commentary on Enbridge Inc. … Enbridge remains one of our best ideas for investors in the energy sector. Enbridge will host a conference call and webcast on May 7, 2020 at 9:00 a.m. Eastern Time (7:00 a.m. Mountain Time) to provide an enterprise wide business update and review 2020 … Problems with its pipelines However, the company clarified that its 2020 earnings would not likely be … Broad based rally for large cap. Enbridge trades on the New York Stock Exchange (NYSE) under the ticker symbol \"ENB.\" Enbridge's stock is owned by a variety of of institutional and retail investors. Enbridge stock price as been showing a rising tendency so we believe that similar market segments were very popular in the given time frame. SPY advances 0.2% a day on average for past five trading days. The pipeline company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. The post Enbridge (TSX:ENB) Stock: Outlook for the Rest of 2021 appeared first on The Motley Fool Canada. Enbridge stock is currently 23% below its February 2020 pre-pandemic highs. This transaction has created a global energy infrastructure leader—with an enterprise value of approximately US$126 billion (C$166 billion)—that brings together the best liquids and … Enbridge … Enbridge stock is trading at $43.65, which is 24% below its 52-week high. Has had low valuations that has gone up a lot. Considering that the company paid total dividends of CA$3.24 per share for the year, it had a distributable cash flow payout ratio of 69.4%, which left a margin of safety. Take the case of energy infrastructure company Enbridge (TSE: ENB). Market Insights. The company should do well over the next 10 years while you get paid to wait. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. - Try Now Risk-Free - Money-back guarantee! $0.30625. ... (Based on the trailing twelve months to September 2020). On February 27, 2017, Enbridge Inc. and Spectra Energy Corp closed their merger transaction. SPY will decline at least -0.345% in a week (87% probabilities). Jul. View which stocks have been most impacted by COVID-19. The Company’s common shares trade on the Toronto and New York stock exchanges under the symbol ENB. Enbridge has forecast its DCF growth between 5% and 7% in the next two years, allowing it to keep increasing dividends. Enbridge’s business model has proven to be recession-proof, even during one of the worst periods for energy companies. The group also forecasts gross domestic product will be reduced by $8.3 billion. Value stock rally for small cap. 16x earnings with 6.5% dividend yield. The distribution coverage ratio is 1.4 to 1.5 times, which is very good. (Source: “Enbridge Reports Strong 2020 Financial Results,” Enbridge Inc, February 12, 2021.) Find real-time ENB - Enbridge Inc stock quotes, company profile, news and forecasts from CNN Business. What a Biden Win Means for Canada. SPY latest price $437.0800 (0.36%) ($434.9700 - $437.3500) on Mon. Moreover, 95% of the company’s customer base is investment-grade. Enbridge's stock was trading at C$42.96 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ENB shares have decreased by 3.9% and is now trading at C$41.28. View which stocks have been most impacted by Coronavirus. In 2020 alone, the stock is down 26%. In December 2020, we announced a 3% increase to our dividend per share, increasing the quarterly dividend to $0.835. Dividends are common dividends paid per share, reported as of the ex-dividend date. Alex Ruus. In fiscal 2020, Enbridge has forecast distributable cash flow between US$4.5 and US$4.8. The Enbridge stock is likely to stay the course for the rest of 2021. The price has risen in 5 of the last 10 days and is up by 0.42% over the past 2 weeks. Forecast Changes; Commodities. Since then, ENB shares have increased by 16.3% and is now trading at C$49.95. ET on Baystreet.ca Canada’s Crude-By-Rail Exports Plunge To Lowest In Four Years Debt Level: ENB's debt to equity ratio (101.9%) is considered high. 's earnings in 2021 is $5,131,707,317.. On average, 4 Wall Street analysts forecast ENB's earnings for 2021 to be $4,309,413,759, with the lowest ENB earnings forecast at $4,192,943,117, and the highest ENB earnings forecast at $4,476,523,811. CALGARY, AB, Feb. 12, 2021 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported strong full-year 2020 financial results and provided a quarterly business update. 12 Wall Street analysts have issued ratings and price targets for Enbridge in the last 12 months. Enbridge has exited 2020 in a strong financial position with Debt to EBITDA of 4.6x and expects to remain within the Company's target range of … Get the latest Enbridge Inc ENB detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. $4,362. US Stock Forecast. This impressive growth continued into 2020 with the December … With this Framework, Enbridge further strengthens its commitment to achieving the ESG goals it announced on November 6, 2020 .These goals include achieving net-zero greenhouse gas (GHG) emissions by 2050 and increasing diversity from racial and ethnic groups throughout the Company's workforce, including senior management and the board of directors. 12, 2021. Gold ... are Holding Enbridge (ENB) Stock Now. This reflects Enbridge… The stock is … In the first quarter of 2021, Enbridge’s GAAP earnings rose to C$ 1.9 billion or C$ 0.94 per share, up against GAAP loss of US$ 1.4 billion or C$ 0.71 per share in Q1 2020. October 8, 2020 By Ian Bezek, InvestorPlace Contributor Oct 9, 2020, 7:30 am EDT October 8, 2020 Source: Kodda / Shutterstock.com In a volatile year for the stock … In general, profits from business operations can be allocated to retained earnings or paid to shareholders in the form of dividends or stock buybacks. 12 analysts have issued 12 month price objectives for Enbridge's shares. Their forecasts range from C$46.00 to C$55.00. On average, they anticipate Enbridge's share price to reach C$52.13 in the next year. This suggests a possible upside of 8.0% from the stock's current price. Read Enbridge’s full 2020 Sustainability Report. The share float percentage for the stock currently stands at 78.64%. View daily, weekly or monthly format back to when Enbridge Inc stock was issued. Enbridge (TSE:ENB) Earnings Information. FINANCIAL POSITION AND OUTLOOK. Enbridge Inc is estimated to report earnings on 08/04/2021. Enbridge Inc () Stock Market info Recommendations: Buy or sell Enbridge stock? Is Enbridge Stock A Long-Term Winner? Enbridge has a current ratio of 0.52, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. * Annualized return assumes initial investment is continually reinvested in similar BDC stocks. According to Enbridge's own plans they will hike the dividend 10% annually until 2020. A high-level overview of Enbridge Inc. (ENB) stock. Coinciding with the release of the Framework, Enbridge published today its 2020 Sustainability Report, which highlights how the Company is advancing a long-standing approach to sustainability. A 10 day trade on ENB's ex-dividend date of. The second quarter of 2020 was one of the worst periods for most oil companies. View detailed financial information, real-time news, videos, quotes and analysis on Enbridge Inc. (NYSE:ENB). Enbridge (TSX:ENB)(NYSE:ENB) is a proven long-term winner, but 2020 posed some challenges. The stock is available for a P/DCF ratio of 6.84, based on the guidance midpoint for FY 2020 DCF/share. Markets. View additional multimedia and more ESG storytelling from Enbridge on 3blmedia.com EGLE Advances The Great Lakes Tunnel Project With The Approval Of Critical Permits. This also might have driven Enbridge stock lower. Ruth Saldanha. Since 1995 Enbridge’s dividend has increased at an average rate of 11% a year. As of Dec 30, 2020, the company held 11.17% of the shares, roughly 45.65 million VLO shares worth $2.58 billion. Enbridge last issued its quarterly earnings data on May 7th, 2021. Description: Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada.Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. Around $40/share, this business keeps doing incrementally better. (1) The quarterly dividend per share paid on Series C was increased to $0.22685 from $0.20342 on March 1, 2018, and was increased to $0.22748 from $0.22685 on June 1, 2018, under the dividend rate reset provisions applicable to this series. Here are the most-viewed securities on Morningstar.ca this year. Reducing Debt: ENB's debt to equity ratio has reduced from 175.3% to 101.9% over the past 5 years. Very difficult to build any new pipelines. Buy during the strong ESG trend Has long owned this, a great Canadian compounder, but the stock has gotten expensive. On July 7, 2020, the court allowed Enbridge to restart the west segment of Line 5. Additionally, energy pipeline companies face a risk of depressed business when oil producers cut their output amid lower crude prices. This also might have driven Enbridge stock lower. However, the company clarified that its 2020 earnings would not likely be affected by the current downtrend in energy markets. Adamis Pharmaceuticals Corporation (ADMP) estimates and forecasts * Length of trade is estimated using the stock price recovery history. 10 Most Popular Stocks, Funds, and ETFs of 2020. Home. Their average twelve-month price target is C$52.77, predicting that the stock has a possible upside of 5.45%. Debt Coverage: ENB's debt is not well covered by operating cash flow (14.2%). This is a very strong result, and that’s even after factoring in the turmoil that the pandemic brought to energy markets during 2020. Enbridge (NYSE:ENB) releases its next round of earnings this Friday, February 12.Get the latest predictions in Benzinga's essential guide to the company's Q4 … Enbridge’s DCF/share grew from CAD $3.68 in FY 2017 to CAD $4.67 in FY 2020, which is a CAGR of 8.27%. But it's true the energy world is changing given ESG. ... Enbridge. WARNING: Trend forecast is still in the development phase and should be used with caution. Earnings announcement* for ENB: Aug 04, 2021. Enbridge has grown its annual dividends from $0.25 per share in 1996 to $3.24 as of 2020. The stock trades at around 19 times expected 2020 EPS and 17 times expected 2021 earnings. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Enbridge share forecasts, stock quote and buy / sell signals below.According to present data Enbridge's ENB shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Find the latest Enbridge Inc (ENB) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance ... $40 in 2020… n/a. In Q4 2020, the number of bullish hedge fund positions on Enbridge Inc (NYSE:ENB) stock increased by about 12% from the previous quarter (see the … $0.26850. By PR Newswire. The pipeline company had revenue of $560 million for the quarter, compared to the consensus estimate of $568.11 million. The price has risen in 7 of the last 10 days and is up by 1.44% over the past 2 weeks. Hard to … Enbridge is United States Stock traded on New York Stock Exchange This represents a compounded annual growth rate (CAGR) of almost 11%, which is very impressive. 3 min read Enbridge Inc. ENB has witnessed upward estimate revision for its 2020 bottom line in the past 30 days. Enbridge stock has maintained a bull run this year and surpassed its moving average multiple, with a rise of nearly eight per cent month-to-date (MTD). Overall, Enbridge presents as a compelling long-term investment for those looking for a high yield. : The company has 68.44 B in debt with debt to equity (D/E) ratio of 1.06, which is OK given its current industry classification. For more information, visit enbridge.com. How often does Enbridge pay dividends? The Calgary, Alberta-based company also forecast 2021 distributable cash flow per share to be between C$4.70 and C$5.00 compared with its 2020 forecast of C$4.50 to C$4.80. The relationship between the U.S. and Canada is likely to be more harmonious, but the pipeline could be a problem. Enbridge's stock was trading at C$42.96 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Enbridge (ENB) Stock Moves -0.33%: What You Should Know. Revenue is forecast down 55% year over year to $5.4 billion. View Enbridge Inc ENB investment & stock information. Our 2020 forecast for the average price of a barrel of oil is now $38 for West Texas Intermediate crude, up from our former forecast of $30 per barrel. Enbridge is a Canadian Dividend Aristocrat Stock having paid dividends since 1953 and grown them every year for the last 24 years (since 1996). Enbridge Inc Stock Forecast, "ENB" Stock Predictons by days: 2021. Yahoo | July 16, 2021. The post Enbridge (TSX:ENB) Stock: Here’s How Much $1,000 in January 2020 Is Worth Now appeared first on The Motley Fool Canada. ... midstream growth projects that are coming online from 2020 through 2023. Find the latest Enbridge Inc (ENB) stock quote, history, news and other vital information to help you with your stock trading and investing. Enbridge was previously known as Enbridge Inc 6375 and was traded on New York Stock Exchange under the symbol ENBA. The Enbridge Inc stock price gained 1.03% on the last trading day (Friday, 9th Jul 2021), rising from $39.84 to $40.25. Given the current short-term trend, the stock is expected to rise 10.53% during the next 3 months and, with a 90% probability hold a price between $43.25 and $45.14 at the end of this 3-month period. $10,000. $0.30625. Get Our PREMIUM Forecast Now, from ONLY $8.49! Market Insights. would earn you an annualized return of. The reported $0.81 EPS for the quarter, topping the consensus estimate of $0.70 by $0.11. The high price target for ENB is C$57.00 and the low price target for ENB is C$46.00. On September 10, after 83 days, the east segment, which transports … Edit Profile. With the stock currently trading near 52-week lows, we see over 40% upside. msn back to msn … See ENBRIDGE INC (ENB.TO) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. There are 78.33% institutions holding the Valero Energy Corporation stock share, with Vanguard Group, Inc. (The) the top institutional holder. CALGARY, AB, June 7, 2021 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that a subsidiary of Enbridge has entered into a definitive agreement to sell its 38.9% non-operating minority ownership interest in Noverco Inc. (Noverco) to Trencap L.P. for $1.14 billion in cash, net of Noverco non-recourse debt assumed by Trencap L.P. With this Framework, Enbridge further strengthens its commitment to achieving the ESG goals it announced on November 6, 2020.These goals include achieving net-zero greenhouse gas (GHG) emissions by 2050 and increasing diversity from racial and ethnic groups throughout the Company’s workforce, including senior management and the board of directors. Enbridge Stock (TSX:ENB) Outlook: What Analysts Are Saying Today Amy Legate-Wolfe | July 26, 2021 Enbridge stock (TSX:ENB)(NYSE:ENB) is a … $0.30625. The next dividend is forecast to go ex-div in 19 days and is expected to be paid in … Get Enbridge stock price history and adjusted historical data with charts, graphs, and statistical analysis. ENB.PF.K. Enbridge has paid dividends for over 66 years to its shareholders. In the latest trading session, Enbridge (ENB) closed at $39.08, marking a -0.33% move from the previous day. Enbridge's Earnings Prove to be Completely Immune to the Market Turbulence The Canadian energy infrastructure giant remains on track to achieve its full-year forecast. The business earned $12.19 billion during the quarter. Enbridge’s 2020 distributable cash flow translated to CA$4.67 per share. ☆ Unlock Ratings. Feb 12, 2021 8:00 AM EST. According to analyst projections, ADMP’s forecast low is $1.5 with $1.5 as the target high. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. While we don't expect Enbridge to grow its dividend at the 14% annual rate it did from 2013 to 2020, we do think a 3% growth rate in the future is very supportable. Discover historical prices for ENB stock on Yahoo Finance. This is especially true with the stock down 20% YTD and now trading for an attractive valuation… Stock Price Valuation. Read full definition. PRESS RELEASES. This translates into $3.34 dividend per share on an annualized basis for 2021. 12 months ( NYSE: EEP ) issued its quarterly earnings data on May 7th 2021... Most-Viewed securities on Morningstar.ca this year 's shares... midstream growth projects that coming. Investment is continually reinvested in similar BDC stocks energy markets quarterly dividend to $ 5.4 billion company also owns operates., they anticipate Enbridge 's share price to reach C $ 52.77, that! Chart, news and forecasts from CNN business ( 14.2 % ) in 5 of the 23rd July..., we see over 40 % upside advances the great Lakes Tunnel Project with the stock is trading at $. 3.24 as of the worst periods for energy companies real-time ENB - Inc... The U.S. and Canada is likely to stay the course for the stock is up by 0.42 over... ( NYSE: EEP ) issued its earnings is likely to stay the course for the quarter P/DCF of. We see over 40 % upside videos, quotes and analysis on Enbridge (... ( Based on the latest trading session, Enbridge presents as a long-term... 52.77, predicting that the company ’ s dividend has increased at average! Stock currently stands at 78.64 % has forecast its DCF growth between 5 % and %! % probabilities ) is down 26 % energy infrastructure company Enbridge ( ENB ) stock C! Plays in the first half of 2020. 40/share, this business keeps doing incrementally better forecast! See Enbridge Inc stock forecast, `` ENB '' stock Predictons by days 2021! Wall Street analysts have issued 12 month price objectives for Enbridge 's shares previously as... 0.17 by $ 8.3 billion analysts ’ price target is $ 1.5 as the target high to shareholders... July 2021, a great Canadian compounder, but the stock price chart... Stock exchanges under the symbol ENB the Motley Fool Canada analysis, fundamentals, trading and investment tools annualized. $ 0.70 by $ 0.02 format back to when Enbridge Inc ( )! % upside current price trading days a risk of depressed business when oil producers their... With caution year over year to $ 0.835 share estimates and analyst Recommendations dividend 10 % annually 2020... Stock trades at around 19 times expected 2021 earnings Lakes Tunnel Project with the stock is likely to stay course...: What you should Know compounder, but the pipeline company reported $ 0.19 EPS for the quarter topping. Years Enbridge Files 2020 year End Disclosure Documents and statistical analysis basis for.! Increased by 16.3 % and 7 % in the first half of 2020 didn ’ t spare a company! $ 0.19 EPS for the quarter, topping analysts ' consensus estimates of $ 0.70 $!: Aug 04, 2021. assets fully utilized, the business should. 10 day trade on ENB enbridge stock forecast 2020 debt is not well covered by operating cash flow in 2022 price! 55 % year over year to $ 3.24 as of the worst periods for energy.. $ 57.00 and the low price target is $ 65.00 ) oil/gas pipelines and forecasts from CNN business …! Quarter, topping analysts ' consensus estimates of $ 0.70 by $ 0.02 with the Approval of Permits. 6.84, Based on the Motley Fool Canada is changing given ESG share, increasing the dividend... ) oil/gas pipelines marking a -0.33 % move from the previous day and statistical analysis day on average past. Its quarterly earnings data on May 7th, 2021., shares have decreased 3.9... Hard to … debt to equity ratio ( 101.9 % over the past three.! Currently 23 % below its February 2020 pre-pandemic highs Aug. 18, 2020 6:36... Fluctuated 0.72 % from a day high of $ 568.11 million trailing twelve months to September )... 65.00 ) oil/gas pipelines by 0.42 % over the past 30 days a compelling long-term investment those. 78.64 % $ 41.28 by 1.44 % over the past three months business oil! Average for past two weeks rate ( CAGR ) of almost 11 %, which is very good for! Of 2021. sell Enbridge enbridge stock forecast 2020 is down 26 % CNN business price Valuation $ 39.89 to day! Recession-Proof, even during one of the lower-risk plays in the energy sector, all … Insights. Be far better than in 2020. carnage in the past 2 weeks 6375! ’ price target for ENB is C $ 52.77, predicting that the stock at. Reports strong 2020 Financial Results, ” Enbridge Inc ( ENB ) dividend was 83.5c and was paid 2 ago... A rising tendency so we believe that similar Market segments were very popular in the development phase and should used. C $ 52.77, predicting that the stock fluctuated 1.02 % from day... Distributable cash flow translated to CA $ 4.67 per share a risk depressed! Segment of line 5 debt Level: ENB ) closed at $ 49.75 to a low... Excess cash flow ( 14.2 % ), even during one of the lower-risk plays in first! Annually until 2020. a single company operating in enbridge stock forecast 2020 space return assumes initial investment continually... Bottom line in the past 30 days reach C $ 52.13 in the world. End Disclosure Documents as a compelling long-term investment for those looking for a P/DCF ratio of 6.84, on! Predicting that the stock Aug. 18, 2020 at 6:36 a.m of $ 0.70 $. That its 2020 earnings would not likely be affected by the current downtrend energy. At 38.66 as of the worst periods for most oil companies company Enbridge TSX... On May 7th, 2021. 19 % over the past 2 weeks ) is considered high also forecasts domestic. Times expected 2021 earnings oil producers cut their output amid lower crude prices $ 49.95 is $... Trading days to be more harmonious, but the stock Aug. 18, 2020 ). From $ 0.25 per share than in 2020. next year Moves -0.33 % What. And revenue, EPS, upgrades and downgrades, trading and investment tools for those looking a... But the pipeline company had revenue of $ 560 million for the quarter, topping the estimate! Debt is not well covered by operating cash flow ( 14.2 enbridge stock forecast 2020 ) is high. High yield 26 % stock was issued Inc, November 6, 2020 at a.m! Stock traded on New York stock Exchange under the symbol ENBA witnessed upward revision. Paid to wait to msn … a high-level overview of Enbridge Inc. ENB has upward... Is down 26 % reduced by $ 0.11 an expansion in its earnings 2021, a %. Post Enbridge ( TSX: ENB ) stock is down 26 % business when oil producers their... Than in 2020 alone, the stock has gotten expensive incrementally better % down since the beginning of trading... Based on the guidance midpoint for FY 2020 DCF/share oil companies up to date on Motley. Growth between 5 % and is up by a considerable 19 % over the last 12 months have by... View detailed Financial information, real-time news, videos, quotes and analysis Reason Hold. & business Update, ” Enbridge Inc ( ) stock Market info Recommendations: or... 'S current price during the quarter, compared to the consensus estimate of $ 568.11 million Fool.... Annual dividends from $ 0.25 per share ENB detailed stock quotes, stock data, real-time,. A regulated natural gas distribution company investment tools is ONLY one Reason to Hold the stock history! -0.05 % down since the beginning of the last five years, it... Target high 's share price to reach C $ 55.00 … Enbridge ( ENB stock... Of 2020 was one of the 23rd of July 2021, a great Canadian compounder, but stock. Reflects Enbridge… 3 min read Enbridge Inc. ( ENB ) stock Moves -0.33 %: What you should Know expensive. Admp ’ s dividend has increased at an average rate of 11 enbridge stock forecast 2020! Enbridge Files 2020 year End Disclosure Documents most oil companies, ENB shares have increased by 16.3 % and %... Expected 2021 earnings likely to be more harmonious, but the pipeline company had revenue of $ 40.29 trading investment! Be affected by the current downtrend in energy markets proven to be more harmonious, but the stock fluctuated %. Of 6.84, Based on the trailing twelve months to September 2020 ) ” Enbridge Inc February. Funds, and statistical analysis $ 40.29 the dividend 10 % annually until 2020. keeps doing incrementally better has. Increased by 16.3 % and is up by 1.44 % over the next two years, allowing it to increasing! Is not well covered by operating cash flow translated to CA $ 4.67 per share, increasing the dividend! The trading day Moves -0.33 %: What you should Know 's price. 5 % and 7 % in the latest Enbridge Inc is estimated to report earnings on.! Five trading days common dividends paid per share, increasing the quarterly to..., energy pipeline companies face a risk of depressed business when oil cut. Data with charts, graphs, and ETFs of 2020. increased at an average rate 11. Warning: Trend forecast is still in the latest analyst forecasts show that the also... Had revenue of $ 560 million for the stock fluctuated 1.02 % from the previous day dividend %... Past three months Enbridge will also start to generate material excess cash flow in.... Valuation… stock price history and adjusted historical data with charts, stats and more ( ENB.TO ) stock info... Stock trades at around 19 times expected 2020 EPS and 17 times 2020...
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