Enbridge - ENB - Stock Price Today (2024)

FAQs

What is the future price of ENB stock? ›

ENB Stock 12 Month Forecast

Based on 10 Wall Street analysts offering 12 month price targets for Enbridge in the last 3 months. The average price target is C$52.74 with a high forecast of C$56.71 and a low forecast of C$44.77. The average price target represents a 7.78% change from the last price of C$48.93.

Enbridge Inc quote is equal to 36.580 USD at 2024-06-01. Based on our forecasts, a long-term increase is expected, the "ENB" stock price prognosis for 2029-05-23 is 39.266 USD. With a 5-year investment, the revenue is expected to be around +7.34%. Your current $100 investment may be up to $107.34 in 2029.

That was largely because Enbridge opted to issue 4.6 billion Canadian dollars ($3.4 billion) in stock to pre-fund that deal, which will dilute existing investors in the near term. The company believes the deal was too good to pass up.

Enbridge currently has an average brokerage recommendation (ABR) of 2.33 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)

2024 FINANCIAL OUTLOOK

Enbridge is providing 2024 guidance on its base business of EBITDA of $16.6 billion to $17.2 billion and DCF per share of between $5.40 to $5.80.

Compared to the current market price of 48.93 CAD, Enbridge Inc is Undervalued by 31%. What is intrinsic value? Enbridge Inc's market capitalization is 104B CAD. ENB stock price is 48.93 CAD.

Enbridge stock prediction for 1 year from now: $ 36.37 (1.73%) Enbridge stock forecast for 2025: $ 36.74 (0.50%) Enbridge stock prediction for 2030: $ 37.67 (3.05%)

Regular payouts for ENB are paid quarterly.

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When did Enbridge stock split? ›

The most recent stock split occured on June 1st, 2011. One ENB share bought prior to May 6th, 1991 would equal to 13.136 ENB shares today.

Dividends paid to U.S. shareholders are subject to a 15% withholding tax; however, some U.S. shareholders may have experienced up to a 53% withholding tax on their dividend payment on June 1^st if all of the required tax forms were not completed (25% deducted to the Canada Revenue Agency and 28% deducted to the IRS).

Investors should note that Enbridge's dividend growth is closely tied to its DCF per share. Thus, management's long-term outlook suggests that Enbridge could continue to increase its dividend at a mid-single-digit rate in the future.

Enbridge increased the dividend in each of the past 29 years. The board raised the payout by 3.1% for 2024 and ongoing annual hikes of at least 3% should be on the way based on the outlook for DCF growth in the next few years. Investors who buy ENB stock at the current level can get a dividend yield of 7.4%.

Largest shareholders include Royal Bank Of Canada, Vanguard Group Inc, Bank Of Montreal /can/, Td Asset Management Inc, 1832 Asset Management L.P., Deutsche Bank Ag\, Bank Of Nova Scotia, VGTSX - Vanguard Total International Stock Index Fund Investor Shares, CIBC World Markets Inc., and CIBC Asset Management Inc .