Enbridge Pref 3 Preferred Stock Today

ENB-PY Preferred Stock  CAD 18.60  0.02  0.11%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
Enbridge Pref is trading at 18.60 as of the 27th of December 2024, a 0.11% down since the beginning of the trading day. The preferred stock's open price was 18.62. Enbridge Pref has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 27th of December 2024. Click here to learn more.
Enbridge Inc. operates as an energy infrastructure company in Canada and the United States. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. ENBRIDGE INC operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. The company has 1.72 B outstanding shares of which 25.31 K shares are currently shorted by private and institutional investors with about 2.16 days to cover all short positions. More on Enbridge Pref 3

Moving together with Enbridge Preferred Stock

  0.7ENB-PP Enbridge Srs PPairCorr
  0.67ENB-PJ Enbridge Pref 7PairCorr

Moving against Enbridge Preferred Stock

  0.63BHC Bausch Health CompaniesPairCorr
  0.53XIM Ximen Mining CorpPairCorr
  0.42FUND Katipult Technology CorpPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Enbridge Preferred Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Enbridge Pref's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Enbridge Pref or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationOil & Gas Midstream, Energy (View all Sectors)
Enbridge Pref 3 (ENB-PY) is traded on Toronto Exchange in Canada and employs 11,100 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 103.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enbridge Pref's market, we take the total number of its shares issued and multiply it by Enbridge Pref's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Enbridge Pref 3 operates under Energy sector and is part of Oil & Gas Midstream industry. The entity has 1.72 B outstanding shares of which 25.31 K shares are currently shorted by private and institutional investors with about 2.16 days to cover all short positions. Enbridge Pref 3 has accumulated about 710 M in cash with 11.23 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35.
Check Enbridge Pref Probability Of Bankruptcy
Ownership Allocation
Enbridge Pref holds a total of 1.72 Billion outstanding shares. 30% of Enbridge Pref 3 outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Enbridge Ownership Details

Enbridge Pref 3 Risk Profiles

Although Enbridge Pref's alpha and beta are two of the key measurements used to evaluate Enbridge Pref's performance over the market, the standard measures of volatility play an important role as well.

Enbridge Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Enbridge Pref without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Financial Widgets Now

   

Financial Widgets

Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
All  Next Launch Module

Enbridge Pref Corporate Management

Elected by the shareholders, the Enbridge Pref's board of directors comprises two types of representatives: Enbridge Pref inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enbridge. The board's role is to monitor Enbridge Pref's management team and ensure that shareholders' interests are well served. Enbridge Pref's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Enbridge Pref's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Enbridge Preferred Stock

Enbridge Pref financial ratios help investors to determine whether Enbridge Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Enbridge with respect to the benefits of owning Enbridge Pref security.