Key Details
Price
$43.45Last Dividend
$0.65Annual Revenue
$32.33 BAnnual EPS
$2.10Annual ROE
9.62%Beta
0.33Events Calendar
Next earnings date:
Feb 07, 2025Recent quarterly earnings:
Nov 01, 2024Recent annual earnings:
Feb 09, 2024Next ex-dividend date:
Feb 14, 2025Recent ex-dividend date:
Nov 15, 2024Next split:
N/ARecent split:
June 01, 2011Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
Enbridge (ENB) finished the last trading day at $42.43, which is an increase of 0.74% compared to the day before.
Enbridge (ENB) finished the last trading day at $42.12, which is an increase of 0.72% compared to the day before.
Putting your money into high-dividend stocks can be a smart way to earn passive income in 2025. This is a good moment to invest, as many of these stocks have dropped in price after the Federal Reserve announced it would reduce interest rates more slowly next year.
Enbridge has solid financials and great coverage for its preferred dividends, which makes investing in both common shares and preferred securities an attractive option. The company's DCF performance is noteworthy, with an expected DCF of C$12B to C$12.9B in 2025, providing strong support for dividends. Additionally, the Series L preferred shares yield 6.6%, and there is a chance for higher rates when they reset in 2027, adding to their appeal.
Dividend stocks can be very helpful during retirement, especially if their payments help you pay for your living costs without needing to sell your shares. However, investors should be careful and not just go after stocks with high yields without thinking.
Cautious investment in capital by upstream companies and a slow move towards renewable energy could negatively impact the demand for midstream assets. However, companies like Enbridge (ENB), Kinder Morgan (KMI), The Williams Companies (WMB), and MPLX are managing to navigate these industry difficulties.
At the end of the last trading day, Enbridge (ENB) was priced at $41.87, which represents a 0.17% increase compared to the day before.
Enbridge's stock has risen by 15% so far in 2024, but I believe it is still undervalued. The company's recent natural gas acquisitions and optimistic guidance for fiscal year 2025 are strong reasons to consider investing in ENB. While Enbridge offers attractive dividend growth, it has not performed as well as Enterprise Products Partners and Kinder Morgan in terms of dividend increases over the past five years.
At the end of the last trading day, Enbridge (ENB) was priced at $41.80, which represents a 1.04% increase compared to the day before.
Enbridge's stock and preferred shares are great investment options, providing appealing dividend yields of 6.5% and over 7%, supported by strong fundamentals and growth opportunities. The company's various growth projects and solid financial performance guarantee steady cash flow and safe dividends, with an expected 9% growth in adjusted EBITDA. ENB's valuation looks attractive, with a fair value estimate of $52.40, indicating a potential increase of 27% from its last closing price of $41.37.
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