ENB Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for ENB, the DDM model, as implemented by StockNews, implies a positive return of 155.71% relative to its current price. To help understand and contextualize the model's evaluation of ENB, investors may wish to consider are:

• Given its market cap of around 65 billion US dollars, this puts the stock in the large-sized market cap class, and its dividend yield is greater than 96.07% of dividend yielding stocks in the same market cap class.
• In terms of opportunity, Enbridge Inc's estimated return of 155.71% surpasses about 90.65% of dividend issuers we applied the dividend discount model to.
• In terms of who is growing the amount of dividends they return to shareholders, Enbridge Inc has been increasing its dividends at a faster rate than 96.28% of US-listed dividend-issuing stocks we observed.

ENB Dividends vs. Peers