Is Enbridge a good stock to look at today?
In other words, I not only think Enbridge is a good stock for you to look at today, but I thought highly enough of it to add it to my own portfolio, too. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley!
Is Enbridge’s dividend sustainable?
Enbridge pays an annual dividend of C$3.32 per share and currently has a dividend yield of 6.66%. ENB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Enbridge is 116.73%. Payout ratios above 75% are not desirable because they may not be sustainable.
How did Enbridge (ENB) perform in Q4 earnings?
Enbridge Inc. (TSE:ENB) announced its quarterly earnings data on Friday, November, 5th. The company reported $0.59 EPS for the quarter, topping the Zacks' consensus estimate of $0.57 by $0.02. The business earned $11.47 billion during the quarter.
How much of Enbridge’s common shares can be purchased for cancellation?
S&P Global Ratings, Carbon Disclosure Project and Vigeo Eiris recognize our energy industry leadership in 2021 Enbridge (ENB) will be allowed to purchase for cancellation as much as 31 million common shares to an aggregate amount of C$1.5 billion.
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Is Enbridge a Buy Sell or Hold?
Is Enbridge a buy or a sell? In the last year, 60 stock analysts published opinions about ENB-T. 44 analysts recommended to BUY the stock. 8 analysts recommended to SELL the stock.
What is the forecast for Enbridge stock?
Stock Price Forecast The 19 analysts offering 12-month price forecasts for Enbridge Inc have a median target of 47.82, with a high estimate of 52.30 and a low estimate of 41.26. The median estimate represents a +5.01% increase from the last price of 45.54.
Is Enbridge a buy Zacks?
The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
Who owns the most Enbridge stock?
RBC Global Asset Management, Inc.Top 10 Owners of Enbridge IncStockholderStakeShares ownedRBC Global Asset Management, Inc.5.81%117,716,337BMO Asset Management, Inc.2.50%50,742,080GQG Partners LLC2.35%47,579,706The Vanguard Group, Inc.2.30%46,535,1056 more rows
Does Enbridge pay a dividend?
Enbridge has paid dividends for over 67 years to its shareholders. In December 2021, we announced a 3% increase to our dividend per share, increasing the quarterly dividend to $0.860. This translates into $3.44 dividend per share on an annualized basis for 2022.
What does the company Enbridge do?
Enbridge Inc. provides energy transportation, distribution, and related services in North America and internationally. The Company operates a crude oil and liquids pipeline system, is involved in international energy projects, and is involved in natural gas transmission and midstream businesses.
Is ENB a good stock to buy now?
There's no question Enbridge is an excellent stock and one of the best companies you can buy for your portfolio. What's so attractive about Enbridge is that even if the energy industry weren't seeing significant tailwinds like it is today, it would still be an excellent investment and a stock you can count on.
Is BCE a good buy?
In the last year, 31 stock analysts published opinions about BCE-T. 27 analysts recommended to BUY the stock.
Is Altria a buy Zacks?
For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
Is Enbridge a Canadian company?
Enbridge Inc. is headquartered in Calgary, Canada. We have a workforce of more than 12,000 people, primarily in the United States and Canada. Enbridge (ENB) is traded on the New York and Toronto stock exchanges.
What companies does Enbridge own?
Enbridge CompaniesEnbridge Energy Partners. Headquartered in Houston, Enbridge Energy Partners (EEP) is a U.S. master limited partnership with oil and gas delivery assets. ... Enbridge Energy Management. ... Enbridge Inc. ... Enbridge Income Fund Holdings. ... Enbridge Gas Distribution. ... Midcoast Energy Partners.
Who funds Enbridge?
In November 2019 four banks, Barclays, Credit Suisse, Deutsche Bank and SMBC were involved in a USD 2 billion total bond issuance for Enbridge. See below for more details. In February 2020, Mizuho Bank led on a USD 1 billion loan to Enbridge that will mature in February 2022.
Is Enbridge a buy right now?
18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 9 hold r...
When is Enbridge's next earnings date?
Enbridge is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022. View our earnings forecast for Enbridge .
How often does Enbridge pay dividends? What is the dividend yield for Enbridge?
Enbridge declared a quarterly dividend on Wednesday, May 4th. Investors of record on Friday, May 13th will be given a dividend of 0.86 per share on...
Is Enbridge a good dividend stock?
Enbridge pays an annual dividend of C$3.37 per share and currently has a dividend yield of 5.98%. ENB has a dividend yield higher than 75% of all d...
What price target have analysts set for ENB?
18 analysts have issued 12 month price targets for Enbridge's stock. Their forecasts range from C$53.00 to C$65.00. On average, they expect Enbridg...
Who are Enbridge's key executives?
Enbridge's management team includes the following people: Mr. Al Monaco , Pres, CEO & Director (Age 62, Pay $6.34M) Mr. Dai-Chung Yu , Exec. VP...
Who are some of Enbridge's key competitors?
Some companies that are related to Enbridge include Pembina Pipeline (PPL) , Gibson Energy (GEI) , Topaz Energy (TPZ) , Kinder Morgan Canada Li...
What other stocks do shareholders of Enbridge own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Enbridge investors own include Intact Financial (IFC) , C...
What is Enbridge's stock symbol?
Enbridge trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ENB."
Is Enbridge stock a Buy, Sell or Hold?
Enbridge stock has received a consensus rating of buy. The average rating score is and is based on 3 buy ratings, 1 hold ratings, and 0 sell ratings.
What was the 52-week low for Enbridge stock?
The low in the last 52 weeks of Enbridge stock was 36.21. According to the current price, Enbridge is 127.59% away from the 52-week low.
What was the 52-week high for Enbridge stock?
The high in the last 52 weeks of Enbridge stock was 47.42. According to the current price, Enbridge is 97.43% away from the 52-week high.
What are analysts forecasts for Enbridge stock?
The 4 analysts offering price forecasts for Enbridge have a median target of 48.50, with a high estimate of 56.00 and a low estimate of 41.00. The...
What is Enbridge Inc?
Analyst Report: Enbridge Inc Enbridge Inc. is North America's largest energy infrastructure company. Enbridge has six operating segments: Liquids Pipelines, Gas Transmission & Midstream, Gas Distribution, Renewable Power Generation & Transmission, Energy Services, and Eliminations & Other. According to the company's most recent 10-K, Enbridge delivers over three million barrels of crude oil per day, and transports 62% of all U.S.-bound Canadian crude exports. The company also transports 18% of the natural gas used in the U.S. Its regulated utilities serve approximately 3.7 million retail customers.
What happened to energy in 2020?
The carnage in the energy sector in the first half of 2020 didn’t spare a single company operating in this space . As lower demand and decline in average realized prices took a toll on their revenues and earnings, energy companies lost billions in value.
Is Abbott Laboratories raising their payouts?
Both Abbott Laboratories (NYSE: ABT) and Enbridge (NYSE: ENB) raised their payouts last year and have done so for decades. It was December 2020 when healthcare giant Abbott Labs last announced a rate hike.
How much is Enbridge stock worth in 2021?
The Enbridge Inc stock price gained 1.03% on the last trading day (Friday, 9th Jul 2021), rising from $39.84 to $40.25. During the day the stock fluctuated 1.02% from a day low at $39.89 to a day high of $40.29. The price has risen in 5 of the last 10 days and is up by 0.42% over the past 2 weeks. Volume fell on the last day by -413 thousand shares and in total, 2 million shares were bought and sold for approximately $79.91 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
What is Enbridge Inc?
Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The companys Gas Distribution segment operates as a natural gas utility that serves residential, commercial, and industrial customers in Central and Eastern Ontario, and Northern New York ... Read more
What is the price target for Enb 2021?
On Nov 08, 2021 "Royal Bank of Canada" gave "$57.00 - $61.00" rating for ENB. The price target was changed from $42.59 to 1.6% .
Is Enbridge Inc a sell or hold stock?
Enbridge Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Is Enbridge oversold on RSI?
Enbridge Inc is oversold on RSI14 (9). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
What is Enbridge valuation?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. Enbridge Inc. is a multinational pipeline company headquartered in Calgary, Alberta. It focuses on the transportation of crude oil and natural gas, primarily in North America.
How many pipelines does Enbridge have?
Enbridge's expansive pipeline system is the longest in North America, with over 5,000 kilometres of pipelines in Canada and the United States. Enbridge's pipelines transport 20% of the natural gas consumed in the United States.
The software company needs a new CEO -- and more revenue growth than it's likely to deliver
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
The market is experiencing a major loss of confidence in software maker Everbridge ( NASDAQ:EVBG), the self-proclaimed "global leader in critical event management." As of 11:40 a.m. ET Friday, the stock had plunged by 45.8%.
So what
What prompted this epidemic of loathing? On Thursday night, Everbridge abruptly announced that CEO David Meredith had told the board of directors that he intended to resign, and the board had accepted his resignation. No further explanation for Meredith's departure was given.
Now what
Analysts point out that while Everbridge may be reaffirming its revenue guidance, the 20% to 23% growth range it's standing by is below Wall Street's estimates, according to TheFly.com.
Why is Enbridge's yield 7.1%?
Clearly there are multiple reasons for this, including the oil downturn spurred by the coronavirus pandemic and the global attitude shift on carbon fuels (which Enbridge is clearly aware of and adjusting to). But the yield today, coupled with the company's evolving business, suggests that value conscious investors and dividend investors should like what they see here.
How much of Enbridge's earnings are from oil?
More than oil. Roughly 54% of Enbridge's earnings before interest, taxes, depreciation, and amortization ( EBITDA) comes from its massive oil pipeline network. The company estimates that it carries around 25% of all North American oil and has more pipes (by miles) than any of its peers.
What is the second largest segment of Enbridge?
The second-largest segment at Enbridge is its natural gas pipelines, at 29% of EBITDA. Roughly 20% of North American natural gas passes through its system and it is No. 2 by miles of pipe. In addition to natural gas pipelines, it also owns a natural gas distribution business. This utility operation makes up 14% of EBITDA and is, ...
When did Enbridge start wind farms?
In fact, it built its first wind farm in 2002, so even in its smallest segment it has nearly 20 years of experience under its belt.
Is Enbridge investing in natural gas?
As for natural gas, Enbridge thinks the long-term investment opportunities there are more than twice what exists in its oil business. So clean energy and natural gas, a fuel that should help the world transition to clean energy, will likely grow more quickly than its legacy oil business in the years ahead.
Is Enbridge a good stock?
In other words, I not only think Enbridge is a good stock for you to look at today, but I thought highly enough of it to add it to my own portfolio, too.
