TSE:ENB

Enbridge (ENB.TO)

71.47
-0.27 (0.38%)
as of Aug 13, 2026, 8:00:00 pm Market Open.
2692 watching
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Investor Insights
star iconAug 13, 2026, 12:00 am

This summary was created by AI, based on 37 opinions in the last 12 months.

Enbridge (ENB) is widely regarded by experts as a strong investment opportunity due to its robust 4.5% to 5.76% dividend yield and its strategic position as the largest crude oil pipeline network owner in North America. The company appears well-positioned to benefit from anticipated infrastructure growth in Canada, particularly in the energy sector, alongside a significant backlog that should drive cash flow growth. While the stock is perceived as relatively stable and less volatile compared to pure-play oil producers, some analysts express caution regarding its current valuation and the recent surge in share prices. Overall, the sentiment is that ENB offers a solid defensive option with growth prospects, making it an essential part of a diversified investment portfolio, particularly for those seeking dividend income.

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Consensus
Positive
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Valuation
Fair Value
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Similar
TRP
HOLD
It has been bouncing along here. People like predictability. About $48.60 is where people found interest. We are at another level where we will find interest, and we will probably find resistance at $54. It will ride that line. Pipelines have acted well during this time.
PAST TOP PICK
(A Top Pick Mar 01/18, Up 30%) It was thrown out because of debt and rising interest rates. But everything was priced into it. They have long term assets. It is an incredible company. If line 3 gets through it will be incredibly. If it ran up he would trim profits.
TOP PICK
96% of cash flow underpinned by long-term commercial agreements, so ENB is stable. It got regulatory approval of its line 3 project, and has streamline its corporate structure and sale of non-core natural gas processing assets at good prices. Safe 10% annual dividend growth to 2020, with a payout ratio of 65%. Yield of 6%. (Analysts’ price target is $55.64)
WEAK BUY
It has issues with pipelines delays. A big factor is a 6% dividend yield and growing 10% in each of the next couple of years. The street credibility in their ability to raise the dividend is suspect because of debt levels. He feels the stock might drift into the mid $50s in 3-5 years but not everyone on Bay street is convinced they can keep raising dividends like this.
COMMENT
It's not over $50 because of rate hikes over the last 3 years. That all changed starting in 2019. They have a lot of debt. They might raise more equity to try to clean up the balance sheet. If interest rates get cut, ENB should go higher.
COMMENT
He would prefer ZWU-T, which is a big holding of his, rather than picking individual companies. It yields north of 6%. There is nothing wrong with ENB-T but he prefers to play the broader space.
PAST TOP PICK
(A Top Pick Feb 21/18, Up 21%) At the time he picked this, there was concern about them being able to expand their pipelines, but they have maintained their core business very well. Their buyback of U.S. assets has straightened out the company's business structure. They will regularly raise their dividend in the years to come. This is a core holding.
TOP PICK
small Pays over 5% dividend that'll grow. The line 3 delay is a small hiccup; the stock has already recovered from that announcement. He sees 8-10% annual dividend and earnings growth for 5 years. (Analysts’ price target is $54.45)
WEAK BUY
The recent pipeline delay will delay the project by 6-12 months. Crude by rail will offset this. This will hurt their furture earnings. ENB has paid down their debt through asset sales, so they're in good shape. They've been growing their dividend. His firm has owned this since the 1950s.
HOLD
What happened to ENF-T? It was brought in by the parent. It does not have a lot of growth potential. You get a great dividend. It is difficult to show where growth comes from, however.
HOLD
They just heard that their line 3 will be delayed to end-2020, a big setback. It's a solid utility and he expects line 3 will get built eventually.
BUY
Considering the line 3 delay just announced You can still own this. The line 3 delay surprised him, but he expects it to eventually get going. The delay will not derail ENB. Their dividend is safe.
BUY
TransCanda Pipelines vs Enbridge If you ran a 10 year chart on both of these, you can't tell the difference between them. Everything is pretty equal between these 2 names. Could play a trading game swapping between them both dependant on yield. They will continue to raise their dividends. These are great monopolies across North America. He would own both.
PAST TOP PICK
(A Top Pick Mar 12/18, Up 24%) Last year there were fears of dividend cuts and concerns over funding plans. However, he knew the corporate book value was worth multiples over what the stock was trading at. There has never been more interest in robust infrastructure assets. They have increased the dividend 10%. When Line 3 gets done there will be another bull run.
TOP PICK
A defensive yield play. Canada's largest pipeline, moving two-thirds of all the oil produced out of western Canada and transfer 22% of all the natural gas in North America. They've cleaned up their corporate structure and de-leveraged. They sold $3-4 billion in non-core assets like gas processing plants. They got a permit to build line 3 in Minnesota. They yield 6%. (Analysts’ price target is $54.92)
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