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Investor Insights

This summary was created by AI, based on 86 opinions in the last 12 months.

There is a consensus among experts that Enbridge (ENB-T) is a stable and defensive investment option with a high dividend yield. The company has undergone some recent acquisitions and business transitions, which have impacted its debt load. However, the overall sentiment is positive, emphasizing the valuable assets and the potential for resilient income. While there are concerns about debt levels and the impact of interest rates, the majority of experts view Enbridge as a sound long-term investment choice.

Consensus
Stable
Valuation
Fair Value
BUY
Enbridge

Very inexpensive. High dividend yields and, as a Canadian company, gives you the dividend tax credit. Opportunistic acquisitions last year in a higher-rate environment gave them about a 50/50 split between oil and gas pipelines. Simpler story than TRP, similar valuation, and better growth.

oil / gas pipelines
HOLD
Enbridge

Really good dividend. Yield companies have fallen as interest rates have gone up, real headwind. Reasonable valuation. More expensive than TRP, but with a better growth rate. 5% EPS growth, 15x 2025, boosted dividend. Don't add right now. A name like this can give you defensive qualities if markets go bust, as ENB probably won't do down that much from here.

oil / gas pipelines
DON'T BUY
Enbridge
ENB vs. FTS vs. TRP for income in an RRSP.

Lots of debt, which the company has indicated it's going to reduce, which means slower dividend growth over time. Yield is 7.6%.

FTS is less levered. For a pure income play compared to ENB, he'd choose this one.

His favourite play in the entire sector is TRP. Less levered than ENB. Healthy dividend yield, with more room for growth. More room for growth in general. 

oil / gas pipelines
PAST TOP PICK
Enbridge
(A Top Pick Feb 13/23, Down 5%)

The pipeline is delayed again, but a year or two from now Canada will see bottlenecks again in moving oil. ENB is the biggest pipeline operator, trades at a discount to the rails, and pays a 7.6% dividend yield.

oil / gas pipelines
BUY
Enbridge

Largest pipeline operator in North America. ~7% yield very strong. Expected to continue growing dividend. Recent weakness in energy prices reason for share price weakness. Assets very valuable as hard to replicated. Pause and/or falling interest rates will be good for business. Good for income oriented investors. 

oil / gas pipelines
TOP PICK
Enbridge

A good, long-term pipeline. Shares pulled back recently when they bought three U.S. utilities, but they have nearly financed that by selling some assets. They have a large project backlog. Expect the 7.4% dividend to increase.

(Analysts’ price target is $53.44)
oil / gas pipelines
BUY
Enbridge

Has competition from GEI, PPL, and TA, which all look good here. 15x 2025 earnings. 66% payout ratio on a 7.6% dividend, pretty safe. Dividend growth, EPS growth.

oil / gas pipelines
HOLD
Enbridge

He doesn't think a 5% weighting in a stock is crazy, it's very reasonable. If you have a lot of conviction in those companies, then that's where your weighting should be. Yield is around 7%. Won't reduce the dividend unless something really terrible happens. Extremely mature company, will grow with GDP plus or minus, highly levered. 

Investors own for the dividend. He wouldn't overweight his portfolio with it, but makes sense for a certain demographic.

oil / gas pipelines
BUY
Enbridge

Difficult couple of years with interest rates. Big acquisition required issuing equity and taking on debt. Acquisition needs to be integrated, but they're pros at that. Diversifies its business. Stock's bounced back since then. No problem maintaining dividend. Becoming more US-focused, Canada's regulations make things too difficult.

oil / gas pipelines
TOP PICK
Enbridge

Excellent business model with pause in interest rate hikes. Defensive business model with high dividend yield. Recent M&A very good for business. Valuable assets that are hard to replicate. 

oil / gas pipelines
BUY
Enbridge

Transition to EV vehicles will not occur overnight. Enbridge offers less risky option for investors. Good time to invest for long term investors. Strong dividend and valuable assets. 

oil / gas pipelines
BUY
Enbridge

For income, yield is almost 8%. Can't replicate pipeline takeaway capacity. Dividend safe, attractive, will likely increase in mid-single-digit range. See her Top Picks.

oil / gas pipelines
HOLD
Enbridge

Turned the corner. Got hurt by high bond yields. Great business. Expectations reset after 2016 merger. Reset dividend expectations to mid-single digit dividend growth. Yield is competitive, good long-term hold. His large-cap, Canadian energy exposure is through TRP, better valuation and yield.

oil / gas pipelines
PAST TOP PICK
Enbridge
(A Top Pick Nov 10/23, Up 5%)

Will continue to own. Great defensive name. Coming off "over sold" position. Even if economy softens, demand for products will remain. 

oil / gas pipelines
BUY ON WEAKNESS
Enbridge

Long term, hasn't appreciated too much (5-10 years). Good for dividend oriented investors. Good stock to buy on weakness. Current share price is good opportunity. Has been buying shares. Will hold for the long term. 

oil / gas pipelines
Showing 1 to 15 of 1,447 entries

Enbridge(ENB-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 51

Neutral - Hold Signals / Votes : 17

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 73

Stockchase rating for Enbridge is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Enbridge(ENB-T) Frequently Asked Questions

What is Enbridge stock symbol?

Enbridge is a Canadian stock, trading under the symbol ENB-T on the Toronto Stock Exchange (ENB-CT). It is usually referred to as TSX:ENB or ENB-T

Is Enbridge a buy or a sell?

In the last year, 73 stock analysts published opinions about ENB-T. 51 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Enbridge.

Is Enbridge a good investment or a top pick?

Enbridge was recommended as a Top Pick by on . Read the latest stock experts ratings for Enbridge.

Why is Enbridge stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Enbridge worth watching?

73 stock analysts on Stockchase covered Enbridge In the last year. It is a trending stock that is worth watching.

What is Enbridge stock price?

On 2024-02-26, Enbridge (ENB-T) stock closed at a price of $46.65.