ENB

What Wall St. Knows About Enbridge Today.

Shares of Enbridge have moved -1.0% today, and are now trading at a price of $36.42. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 9,123,003 compared to the stock's average volume of 3,506,352.

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. Based in Calgary, Canada the company has 11,100 full time employees and a market cap of $73,738,838,016. Enbridge currently offers its equity investors a dividend that yields 9.4% per year.

The company is now trading -19.26% away from its average analyst target price of $45.11 per share. The 6 analysts following the stock have set target prices ranging from $41.24 to $48.73, and on average give Enbridge a rating of buy.

Over the last 12 months ENB shares have declined by -1816.2%, which represents a difference of -2802.0% when compared to the S&P 500. The stock's 52 week high is $45.21 per share and its 52 week low is $35.02. With its net margins declining an average -16.2% over the last 4 years, Enbridge declining profitability gives us reason to believe its stock price will continue to underwhelm.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023-02-10 53,309,000 3,003,000 5.63 -57.19
2022-02-11 47,071,000 6,189,000 13.15 52.91
2021-02-12 39,087,000 3,363,000 8.6 -24.5
2020-02-14 50,069,000 5,705,000 11.39 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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