Enbridge Inc. (ENB)

Energy · NYQ

$46.49-0.34% today

Price as at 1 Oct 2026, 02:41 UTC. Quotes are delayed.

Fundamentals

Market cap$120.26B
P/E ratio26.3
Dividend yield5.14%
Revenue growth (YoY)+20.8%
Profit margin10.0%
Return on equity10.1%
52-week range$45.03 to $58.45

Valuation and ratings

Fair value estimate$22.03
Upside to fair value-52.6%
Analyst target (mean)$51.88
Analyst range$45.09 to $57.91
Analysts with price targets4
Consensus viewbuy
Moat score56/100
Overall rating35/100, low quality

Fair value: $22.03 (-52.6%), see how we got there

Enbridge Inc. trades at $46.49, which is 53% above the $22.03 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 56 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 26.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

ENB dividend history

Dividend yield5.14%
Paid, trailing 12 months$2.12 per share
Most recent payment$0.696, ex 14 Aug 2026
5-year growth (p.a.)-3.4%
Consecutive years paid36

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$2.123
2025$2.033
2024$2.674
2023$2.634
2022$2.664
2021$2.684
2020$2.424
2019$2.224
2018$1.113
2017$1.854
2016$1.594

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

ENB earnings and analyst estimates

EPS estimate, next year$3.20
Expected EPS growth+10.3%
Expected revenue growth+0.9%

Recommendation mix, 23 published ratings

9 buy13 hold1 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Enbridge Inc.

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States. This segment also provides physical commodity marketing and logistical services, and crude oil marketing services. The Gas Transmission segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

Industry: Oil & Gas MidstreamEmployees: 14,800HQ: Canada

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

ENB passes 3 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

9 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in ENB

Trades in ENB disclosed by members of Congress and executive-branch officials, latest first:

  • Brian Babin · HouseSell · $1,001 - $15,000 · traded 5 May 2026 · disclosed 18 May 2026
  • David A. Trott · HouseBuy · $15,001 - $50,000 · traded 20 Sept 2018 · disclosed 5 Oct 2018

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

ENB peers

The largest companies in the same industry (Oil & Gas Midstream), then in the same sector.

Every energy company we cover is on the Energy hub.

Common questions

Is Enbridge Inc. (ENB) undervalued?

Against our fair value estimate of $22.03, ENB at $46.49 is 53% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own ENB?

9 of the institutions we track reported a position in ENB in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is ENB's P/E ratio?

ENB trades at 26.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Enbridge Inc. (ENB) pay a dividend?

Yes. Enbridge Inc. yields 5.14% at the current share price. It has paid $2.12 per share over the trailing twelve months. It has paid a dividend in each of the last 36 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its ENB data?

Fundamentals for ENB come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 02:41 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for ENB, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.