TSE:ENB

Enbridge (ENB.TO)

76.70
-0.02 (0.03%)
as of Jul 3, 2026, 8:00:00 pm Market Open.
2690 watching
0
Investor Insights
star iconJul 3, 2026, 12:00 am

This summary was created by AI, based on 38 opinions in the last 12 months.

Enbridge (ENB) continues to be viewed positively by numerous experts due to its strong position as a leading pipeline company in North America, which benefits from the flowing demand for fossil fuels. The company pays a competitive dividend, currently over 5%, which has historically been sustainable and is expected to grow steadily. Analysts highlight the company's robust management team and diversified operations in both conventional oil and renewable energy sectors as essential strengths. However, there are concerns regarding its higher valuation metrics relative to earnings, prompting some experts to advise caution in terms of timing purchases, especially after the stock has seen recent gains. Nevertheless, Enbridge's consistent cash flow and long-term growth prospects make it an attractive option for investors seeking income generation in the energy infrastructure space.

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Consensus
Positive
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Valuation
Fair Value
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TRP
TOP PICK
Energy is enjoying a rotation into cyclicals and commodities. Pays a 7.5% dividend and offers 5-7% annual earnings growth. This will make you 10-12% a year. ENG actually scores high in ESG, given renewable natural gas, carbon capture and started building their third wind farm in France. He targets $50. (Analysts’ price target is $55.20)
BUY
Very attractively valued right now. Pipeline stocks have been stuck in the same corner as the energy producers when commodity prices collapsed. Infrastructure stocks have since recovered. Dividend is safe, yielding over 7%. Longer term growth may be affected if producers do not grow production. However, the capital projects will insure increasing cashflow for the foreseeable future. Intends to increase dividend with cashflow growth.
HOLD
Wild ride for this stock. It's going to be harder for pipelines to get built, so existing infrastructure should be worth more, not less. Eventually, that will take hold and enable the valuation to expand. Core holding. Try to ignore the headlines. Good dividend, earnings, and cashflow growth to come.
WEAK BUY
Probably do OK, since oil prices are coming back. Paying off debt to a huge degree. Dividend continues to grow. Question mark is what's going to happen if we move to more renewable energy, and that's the risk weighing on the stock. Great income grab, but long-term, keep an eye on it. Could be up against the wall with the new US administration. Yield around 7%.
BUY

It is part of his equity income portfolio. The dividend is very attractive. He is waiting for good quality dividends with great rates. That's why he took a position in Exxon at 9%. With Enbridge, the dividend is around 7.2% which is quite rich. With the dividend tax credit, it is much more attractive than a bond.

BUY
Fair value is well in excess of $50. Will probably focus on organic growth, not acquisitions. High dividend is sustainable. High quality company in the midstream space. Scrapping Keystone is good for ENB, as it increased demand for its mainline volume.
BUY
It is a big position for him. He likes the balance sheet and they straightened out the issue with line 3 to some degree. You get a great dividend yield while you wait. This is one of the most attractive names in the pipeline sector.
BUY
It has good value here. Free cash yield is 13%. PE is around 13-14x. Growth rate is around 9%. It moves around 25% of oil and natural gas in NA. They are trying to pivot to renewables too. You can expect a nice total return, especially with the dividend.
BUY
It is going through a bit of a change for the best. The company has taken on a lot of debt while raising its dividends at a healthy clip in the past few years. They are reallocating their cashflow to reduce debt and raise dividends at a slower pace. The goal is to strengthen the balance sheet. It will lead to long term earnings and dividend growth. It is well poised to see growth.
BUY
It may have gone down today because the market is viewing all pipeline stocks as a group. Their line 3 was finally approved in Minnesota, so the company is going to start construction to complete this expansion and to have it in service by December of this year. The yield is over 7%.
BUY
Likes them. They confirmed their dividend increase. Debt to EBITDA is reduced to normal levels. They won't make a new purchase, but will ensure that existing assets return 8-10%. You should own this as a mainstay in your portfolio. However, Michigan's governor threatens to shut down ENB's line.
TOP PICK
Favourite within the space. Very inexpensive with a good dividend of almost 8%. Has a reasonable growth profile. Construction for line 3 replacement has started. There is negative sentiment that causes headwinds but the dividend focus is very positive. A defensive play. (Analysts’ price target is $51.91)
TOP PICK
Catalysts right now include Line 3. Not a new line, just refurbishing to be safer. Once finished, stock should retrace higher. Increased dividend, so that's at least 20 years in a row. Dividend is covered plus share appreciation along the way is a good story. Yield is 7.92%. (Analysts’ price target is $51.88)
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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
Pipeline companies were spared the rout in oil prices last April, but Enbridge continues to battle with Michigan over extending its Line 3.
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There was a lawsuit that was filed against them which could be reason for the decline. The news is not unusual for the sector. There is little risk for the dividend. Unlock Premium - Try 5i Free

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