ENBL Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for ENBL, the dividend discount model StockNews created for the company implies a positive return of 78.46%. 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 98.66% of dividend yielding stocks in the same market cap class.
• With a market cap of roughly $2 billion, ENBL is in the large-sized market cap class; here, it has a lower equity discount rate than only 0% of stocks.
• A stock's beta generally indicates its volatility relative to the broader equity market; as for ENBL, approximately only 0% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

ENBL Dividends vs. Peers