Enbridge (NYSE:ENB) (TSE:ENB) is scheduled to be posting its quarterly earnings results before the market opens on Friday, February 16th. Analysts expect Enbridge to post earnings of $0.44 per share for the quarter.

Enbridge (NYSE ENB) opened at $34.30 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.64 and a quick ratio of 0.50. Enbridge has a 52-week low of $33.26 and a 52-week high of $43.36. The company has a market capitalization of $58,170.00, a PE ratio of 22.13, a price-to-earnings-growth ratio of 3.15 and a beta of 0.56.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 15th will be given a $0.5278 dividend. The ex-dividend date is Wednesday, February 14th. This is a positive change from Enbridge’s previous quarterly dividend of $0.47. This represents a $2.11 annualized dividend and a yield of 6.16%. Enbridge’s dividend payout ratio (DPR) is 123.87%.

Several research analysts have commented on ENB shares. Zacks Investment Research lowered Enbridge from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. Bank of America started coverage on Enbridge in a research report on Tuesday, January 9th. They issued a “neutral” rating on the stock. Morgan Stanley cut their price objective on Enbridge from $43.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Friday, November 17th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $54.00 price objective on shares of Enbridge in a research report on Thursday, November 30th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $51.25.

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About Enbridge

Enbridge Inc is a Canada-based energy transportation and distribution company. The Company is engaged in delivering energy. It operates through five segments: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. Liquids Pipelines consists of common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals, including Canadian Mainline, Lakehead Pipeline System, Mid-Continent and Gulf Coast and Regional Oil Sands System.

Earnings History for Enbridge (NYSE:ENB)

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