Enbridge Stock Today

ENB
 Stock
  

USD 37.21  0.82  2.16%   

Market Performance
0 of 100
Odds Of Distress
Less than 18
Enbridge is trading at 37.21 as of the 26th of September 2022, a -2.16% down since the beginning of the trading day. The stock's open price was 38.03. Enbridge has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Enbridge are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of October 2020 and ending today, the 26th of September 2022. Click here to learn more.
The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. Enbridge operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. The company has 2.03 B outstanding shares of which 25.59 M shares are currently shorted by investors with about 6.92 days to cover. More on Enbridge

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+0.68HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
Follow Valuation Odds of Bankruptcy
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Enbridge Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Enbridge's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Enbridge or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Enbridge generated a negative expected return over the last 90 days
The company has 78.87 B in debt with debt to equity (D/E) ratio of 1.22, which is OK given its current industry classification. Enbridge has a current ratio of 0.57, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enbridge until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge's use of debt, we should always consider it together with cash and equity.
On 1st of September 2022 Enbridge paid $ 0.6671 per share dividend to its current shareholders
Latest headline from www.benzinga.com: This Foreboding Sign Looms Over Enbridges Chart - Enbridge - Benzinga
CEOAlbert Monaco
Average Analyst Recommendation
Analysts covering Enbridge report their recommendations after researching Enbridge's financial statements, talking to executives and customers, or listening in on Enbridge's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Enbridge. The Enbridge consensus assessment is calculated by taking the average forecast from all of the analysts covering Enbridge.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Enbridge's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Enbridge (ENB) is traded on New York Stock Exchange in USA and employs 10,900 people. The company currently falls under 'Large-Cap' category with total capitalization of 77.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enbridge's market, we take the total number of its shares issued and multiply it by Enbridge's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Enbridge runs under Energy sector within Oil & Gas Midstream industry. The entity has 2.03 B outstanding shares of which 25.59 M shares are currently shorted by investors with about 6.92 days to cover. Enbridge has about 1.39 B in cash with 9.68 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69.
Check Enbridge Probability Of Bankruptcy
Ownership
Enbridge holds a total of two billion twenty-nine million nine hundred ninety-nine thousand nine hundred ninety-nine outstanding shares. Over half of Enbridge outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Enbridge. Please watch out for any change in the institutional holdings of Enbridge as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

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Enbridge Stock Price Odds Analysis

What are Enbridge's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Enbridge jumping above the current price in 90 days from now is close to 99%. The Enbridge probability density function shows the probability of Enbridge stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Enbridge has a beta of 0.7194 suggesting as returns on the market go up, Enbridge average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Enbridge will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Enbridge is significantly underperforming DOW.
  Odds Below 37.21HorizonTargetOdds Above 37.21
0.00%90 days
 37.21 
100.00%
Based on a normal probability distribution, the odds of Enbridge to move above the current price in 90 days from now is close to 99 (This Enbridge probability density function shows the probability of Enbridge Stock to fall within a particular range of prices over 90 days) .

Enbridge Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Enbridge market risk premium is the additional return an investor will receive from holding Enbridge long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Enbridge. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Enbridge's alpha and beta are two of the key measurements used to evaluate Enbridge's performance over the market, the standard measures of volatility play an important role as well.

Enbridge Stock Against Markets

Picking the right benchmark for Enbridge stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Enbridge stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Enbridge is critical whether you are bullish or bearish towards Enbridge at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Enbridge without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Enbridge Corporate Directors

Enbridge corporate directors refer to members of an Enbridge board of directors. The board of directors generally takes responsibility for the Enbridge's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Enbridge's board members must vote for the resolution. The Enbridge board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Stephen Poloz - Independent DirectorProfile
Charles Fischer - Independent DirectorProfile
Clarence Cazalot - Independent DirectorProfile
Jonathan Gould - Director, Investor RelationsProfile

Invested in Enbridge?

The danger of trading Enbridge is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Enbridge is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Enbridge. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Enbridge is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is Enbridge's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enbridge. If investors know Enbridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Enbridge is measured differently than its book value, which is the value of Enbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Enbridge's value that differs from its market value or its book value, called intrinsic value, which is Enbridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enbridge's market value can be influenced by many factors that don't directly affect Enbridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine Enbridge value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.