ENBL 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. In the case of ENBL, the DDM model, as implemented by StockNews, implies a positive return of 35.82% relative to its current price. Digging deeper, the aspects of Enable Midstream Partners LP's dividend discount model that we found most interesting were:

• ENBL's market cap is about 2 billion US dollars -- this puts the stock in the large-sized market cap class, and its dividend yield is greater than 99.25% of dividend yielding stocks in the same market cap class.
• Enable Midstream Partners LP's market cap of $2 billion US dollars puts it in the large-sized market cap class; here, it has a lower equity discount rate than merely 0% of stocks.
• A stock's beta generally indicates its volatility relative to the broader equity market; for Enable Midstream Partners LP, its beta is lower than merely 0% of dividend issuing stocks we observed.

ENBL Dividends vs. Peers