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Investor Insights

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

The consensus among experts seems to be that Enbridge is a solid company with valuable assets, although concerns about its debt level have been raised. Many experts view it as a good long-term investment, particularly for income-oriented investors due to its high dividend yield. The company's recent acquisitions and transition towards the US market have been seen as positive moves. Some experts also believe that the stock may be undervalued at its current price.

Consensus
Stable
Valuation
Undervalued
Similar
TransCanada, TRP-T
BUY
Enbridge
Value in big dividend payers with shockingly high yields?

Yes. He certainly wouldn't buy them all, but likes Telus and ENB a lot. As rates come down, the higher-yielding stocks that are still beaten up should start to stage a nice rally between now and the end of the year.

oil / gas pipelines
PARTIAL BUY
Enbridge

Has pushed above its 200-day moving average, unlike other dividend payers like Telus. Pays a 7.5% dividend and they historical increase it. Commodity prices are improving or not worsening. Dip your toe into this.

oil / gas pipelines
PAST TOP PICK
Enbridge
(A Top Pick Sep 01/23, Up 4%)

It has a high yield and steady 3% growth in free cash flow which gives it a 10% return year over year. A rate cut could take it to over $50. It is the top holding of their firm.

oil / gas pipelines
PAST TOP PICK
Enbridge
(A Top Pick Mar 21/23, Up 3%)

Equity issue of over $4B to fund acquisitions will be dilutive until operations come online and start producing. Overhang on stock price. Rising interest rates hurt interest-sensitives' debt carrying costs, but less than 10% of debt is subject to floating rates. Trans Mountain perceived as an overhang, but delays have actually topped up ENB takeaway capacity.

oil / gas pipelines
BUY
Enbridge

Interest-sensitive pipelines have all had a rough time. ENB had to issue equity and debt to finance an acquisition, caused stock to collapse, an opportunity to buy.

These companies have great assets that aren't going away. CEOs of these companies feel it's difficult to do business in Canada. ENB, for example, is dedicating all its capital to the US. That's going to be the strategy if these companies want to grow. 

Good time to buy. Though rates aren't going down as quickly as people think, they're not going up from here. That's the value proposition. Over the next 6-9 months or so, rates will come down at the short end and the yield curve will look differently. These companies will benefit from that.

oil / gas pipelines
BUY
Enbridge

After years of going nowhere, energy demand is rising 5% annually thank to data centres that generative AI rely on. We need natural gas to meet this demand. ENG is the Canadian natural gas kingpin that moves 20% of the nat gas in the US and ther 30% produced in North America. ENB pays a 7.7% dividend yield. This is ENB's moment.

oil / gas pipelines
BUY
Enbridge

Carbon energy isn't going anywhere soon. ENB pays an 8% dividend. Hold it for 10 years and you get back 80%, assuming the share price and dividend hold. Falling interest rates are a catalyst for dividend stocks.

oil / gas pipelines
STRONG BUY
Enbridge
Average down?

Can't comment on that, but would hold this for 5 years. It's an established name in Canadian energy, pays a sustainable dividend which has grown over 30 years. I less leveraged than peers CNQ, Cenovus and Meg. Is highly confident in ENB and owns many shares.

oil / gas pipelines
DON'T BUY
Enbridge

He prefers TRP to ENB. ENB shares haven't fallen as far, balance sheet has more debt.

oil / gas pipelines
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
Showing 1 to 15 of 1,456 entries

Enbridge(ENB-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 56

Neutral - Hold Signals / Votes : 17

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 78

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, 78 stock analysts published opinions about ENB-T. 56 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?

78 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 2024-03-28, Enbridge (ENB-T) stock closed at a price of $48.99.