Enbridge Stock Quote: A Detailed Look at the Company's Performance

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Enbridge is a Canadian multinational energy company that has been around for over 70 years, with a rich history of providing essential energy services to North America.

As of its latest financial report, Enbridge's market capitalization stands at over $80 billion, making it one of the largest energy companies in Canada.

The company's revenue has consistently grown over the years, with a significant increase in 2020 due to the expansion of its natural gas and liquids pipelines.

Enbridge's stock has been a reliable performer in the market, with a relatively low volatility compared to other energy companies, making it an attractive option for long-term investors.

A unique perspective: Energy Stocks

Stock Information

Enbridge stock quote provides valuable information to help you make informed investment decisions.

Enbridge Inc's past financial performance is available for review, including revenue and net income data.

The company operates as an energy infrastructure company, with a market capitalization of $97.35 billion.

ENB's fundamental analysis scores are as follows: Valuation (2/6), Future Growth (1/6), Past Performance (5/6), Financial Health (0/6), and Dividends (4/6).

For more insights, see: Canaccord Financial Stock

Credit: youtube.com, Enbridge Increases Its Dividend for a 30th Consecutive Year

ENB's stock is trading at 30.2% below its estimated fair value.

ENB's earnings are forecast to grow 3.4% per year.

Here are some key statistics about Enbridge Inc:

ENB's diluted EPS (TTM) is $2.05, and its revenue growth YOY is 51.2%.

ENB's 52-week range is $32.86 - $44.90, and its market cap is $95.90B.

ENB's shares outstanding are 2.18B, and its public float is also 2.18B.

Financials

Enbridge's financial health is a crucial aspect to consider when evaluating its stock quote. The company's profitability is robust, with a gross margin of 39.642%.

Enbridge's operating margin is a respectable 19.759%, indicating that it's able to maintain a significant profit margin after accounting for operating expenses. This is a testament to the company's efficient operations and ability to manage costs effectively.

Here's a breakdown of Enbridge's key financial metrics:

These financial metrics provide a comprehensive picture of Enbridge's financial health and performance.

A unique perspective: Stifel Financial Stock

Annual Financials

Annual Financials are a crucial aspect of any company's performance, and ENB's numbers are no exception. The company's gross margin is a respectable 39.642%, indicating that they're able to keep a significant portion of their revenue after accounting for production costs.

Credit: youtube.com, FINANCIAL STATEMENTS: all the basics in 8 MINS!

ENB's operating margin is 19.759%, which means they're able to generate a substantial amount of profit from their day-to-day operations. This is a clear indication of their ability to manage costs and stay competitive in the market.

Let's take a closer look at ENB's profitability metrics:

As we can see, ENB's net margin is 14.436%, which means they're able to retain a significant portion of their profits after taxes. This is a testament to their ability to manage their finances effectively.

Capital Structure

ENB's capital structure is a key aspect of its financial health.

ENB's debt levels are significant, with a total debt to total equity ratio of 133.35. This indicates that for every dollar of shareholder equity, ENB has $133.35 of debt.

ENB's total debt to total assets ratio is 45.447, which is a relatively high level of debt compared to its assets. This could indicate that ENB is taking on a lot of debt to finance its operations.

Credit: youtube.com, Capital Structure: Debt vs. Equity Explained

ENB's long-term debt to equity ratio is 137.944, which is even higher than its total debt to equity ratio. This suggests that ENB's long-term debt is a significant burden on its equity.

Here are some key capital structure metrics for ENB:

ENB's debt levels are a concern, but it's worth noting that its long-term debt to total capital ratio is 52.556, which is lower than its long-term debt to equity ratio. This could suggest that ENB is managing its debt levels relatively well.

Declares Quarterly Dividends

Enbridge Inc. has declared its quarterly dividend payments, with the common share dividend remaining steady at $0.9150 per share.

The dividend is payable on December 1, 2024, to shareholders of record on November 15, 2024, matching the September 1, 2024 dividend amount.

Frequently Asked Questions

Is ENB stock a good buy now?

ENB stock has potential for growth, with about 18% room to recover to pre-COVID levels. With Line 3 approved, it's likely to perform well in 2021, potentially increasing by 20-24% compared to current prices.

What is the next dividend date for Enbridge?

Enbridge's next dividend date is typically on the 15th of February, May, August, or November, unless the 15th falls on a weekend. Please check Enbridge's official website for the exact date and payment schedule.

What is the 5 year return of ENB?

The 5-year total return for Enbridge (ENB) stock is 44.64%, meaning a $100 investment 5 years ago would be worth $144.64 today. This impressive return is a result of both price appreciation and reinvested dividends.

What is the ENB forecast for 2024?

ENB is forecasted to reach $63.00 by 2024, representing a 49.57% increase from its current price. This projection is based on the average of 5 analysts' 12-month price targets.

What is the stock symbol for Enbridge gas?

The stock symbol for Enbridge is ENB. You can find the latest information on ENB stock price, performance, and more on Morningstar.

Rosalie O'Reilly

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Rosalie O'Reilly is a skilled writer with a passion for crafting informative and engaging content. She has honed her expertise in a range of article categories, including Financial Performance Metrics, where she has established herself as a knowledgeable and reliable source. Rosalie's writing style is characterized by clarity, precision, and a deep understanding of complex topics.

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