How to buy Enbridge (ENB) stocks

Enbridge is an oil & gas midstream business based in Canada. Enbridge shares (ENB) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$59.23 – a decrease of 1.37% over the previous week. Enbridge employs 11,500 staff and has a trailing 12-month revenue of around C$48.6 billion.

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Enbridge stock price (Toronto Stock Exchange (TSX): ENB)

Use our graph to track the performance of ENB stocks over time.

Enbridge stocks at a glance

• Key figures

Information last updated 2024-12-11.

Latest market close	C$59.23
52-week range	C$42.66 - C$61.99
50-day moving average more info button	C$58.30
200-day moving average more info button	C$52.29
Wall St. target price	C$60.34
PE ratio more info button	20.398
Dividend yield more info button	C$3.625 (6.29%)
Earnings per share (TTM) more info button	C$2.94

Is it a good time to buy Enbridge stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dive deeper: Our picks for the best stocks to buy right now in Canada

Enbridge price performance over time

Historical closes compared with the close of C$59.69 from 2024-12-13

1 week (2024-12-10)	-0.47%
1 month (2024-11-15)	0.49%
3 months (2024-09-17)	7.53%
6 months (2024-06-17)	24.80%

1 year (2023-12-15)	26.03%
2 years (2022-12-16)	30.76%
3 years (2021-12-17)	53.44%
5 years (2019-12-17)	65.84%

Is Enbridge stock undervalued or overvalued?

Valuing Enbridge stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Enbridge's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Enbridge's P/E ratio

Enbridge's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Enbridge shares trade at around 20x recent earnings.

Enbridge's PEG ratio

Enbridge's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.0075. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Enbridge's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Enbridge's EBITDA

Enbridge's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$14.6 billion.

The EBITDA is a measure of a Enbridge's overall financial performance and is widely used to measure a its profitability.

Enbridge financials

Revenue TTM	C$48.6 billion
Operating margin TTM	15.2%
Gross profit TTM	C$20.7 billion
Return on assets TTM	3.13%
Return on equity TTM	9.59%
Profit margin	13.73%
Book value	C$27.08
Market Capitalization more info button	C$130.6 billion
EBITDA more info button	C$14.6 billion

TTM: trailing 12 months

Enbridge stock dividends

Dividend payout ratio: 136.06% of net profits

Recently Enbridge has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Enbridge shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Enbridge's case, that would currently equate to about C$3.625 per share.

Enbridge's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Enbridge's most recent dividend payout was on 28 February 2025. The latest dividend was paid out to all shareholders who bought their stocks by 13 February 2025 (the "ex-dividend date").

Have Enbridge's stocks ever split?

Enbridge's stocks were split on a 2:1 basis on 19 May 2011 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Enbridge stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Enbridge stocks, which in turn could have impacted Enbridge's stock price.

Enbridge stock price volatility

Over the last 12 months, Enbridge's stocks have ranged in value from as little as C$42.6557 up to C$61.99. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Enbridge's is 0.91. This would suggest that Enbridge's stocks are less volatile than average (for this exchange).

Enbridge overview

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America.

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Frequently asked questions

What percentage of Enbridge is owned by insiders or institutions?
Currently 0.099% of Enbridge stocks are held by insiders and 54.638% by institutions. How many people work for Enbridge?
Latest data suggests 11,500 work at Enbridge. When does the fiscal year end for Enbridge?
Enbridge's fiscal year ends in December. Where is Enbridge based?
Enbridge's address is: 200, Fifth Avenue Place, Calgary, AB, Canada, T2P 3L8 What is Enbridge's ISIN number?
Enbridge's international securities identification number is: CA29250N1050

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