Enbridge (TSE:ENB) Reaches New 1-Year High – Time to Buy?

Enbridge Inc. (TSE:ENB) (NYSE:ENB) reached a new 52-week high during trading on Thursday . The stock traded as high as C$70.97 and last traded at C$70.57, with a volume of 9294595 shares traded. The stock had previously closed at C$69.95.

Enbridge News Summary

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Fourth-quarter results beat expectations and management raised the dividend, signaling stronger cash flow and shareholder returns. Enbridge tops fourth-quarter profit estimates, raises dividend
• Positive Sentiment: Company Q4 call highlighted record financial performance (C$17.18B revenue, C$0.88 EPS reported) and strategic commentary that supports the dividend and valuation narrative. Enbridge Inc (ENB) Q4 2025 Earnings Call Highlights: Record Financial Performance and Strategic …
• Positive Sentiment: Board declared a higher quarterly dividend (C$0.97), a ~2.9% increase vs prior quarter, keeping the yield attractive for income investors (annualized yield ~5.3%).
• Positive Sentiment: Legal win on Line 5 reroute reduces regulatory uncertainty and potential shutdown risk for a key U.S. pipeline corridor. Judge rules in favor of Enbridge’s Line 5 reroute
• Positive Sentiment: CEO reiterated that Canadian crude remains an important feedstock for U.S. Gulf refineries — a demand-side point that supports pipeline throughput assumptions. Enbridge CEO: Canadian oil a ‘meat and potato’ staple for U.S. Gulf refineries
• Neutral Sentiment: Pipeline expansion plans focus attention on Enbridge’s role in Gulf crude flows and how that could affect valuation — upside if throughput grows, but raises execution and commodity exposure questions. Enbridge Pipeline Expansion Puts Gulf Crude Role And Valuation In Focus
• Neutral Sentiment: Analyst previews expected a modest uptick in 4Q adjusted EBITDA ahead of results, reflecting steady but not explosive operational cash-flow growth. Enbridge 4Q Adjusted Ebitda Expected to Nudge Higher — Earnings Preview
• Neutral Sentiment: Small customer dispute (St. Catharines café gas-bill error) drew local attention but is a limited PR/legal matter unlikely to move fundamentals. Owner of St. Catharines, Ont., café fought Enbridge over $56K gas bill error — and won
• Negative Sentiment: Management signaled it is unwilling to assume development risk on a proposed Alberta pipeline project, which dampens near-term growth expectations and potential long-term volume/capex upside. Enbridge says it’s not willing to take on development risk of Alberta pipeline project
• Negative Sentiment: CEO comments elsewhere signaled little interest in building new Canada pipelines, reinforcing a more conservative growth posture that could limit future organic expansion. Enbridge CEO Signals Little Interest to Build New Canada Pipeline

Wall Street Analyst Weigh In

ENB has been the subject of several analyst reports. Scotiabank raised shares of Enbridge from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from C$70.00 to C$73.00 in a report on Friday, January 16th. Canadian Imperial Bank of Commerce reduced their price objective on shares of Enbridge from C$71.00 to C$69.00 in a research note on Wednesday, December 17th. JPMorgan Chase & Co. downgraded shares of Enbridge from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from C$74.00 to C$69.00 in a research report on Tuesday, January 27th. Royal Bank Of Canada upped their target price on shares of Enbridge from C$67.00 to C$72.00 in a report on Monday, November 10th. Finally, Raymond James Financial increased their price target on Enbridge from C$74.00 to C$76.00 in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$71.31.

Enbridge Stock Performance

The company has a market capitalization of C$160.01 billion, a P/E ratio of 28.75, a P/E/G ratio of 1.72 and a beta of 0.95. The company has a debt-to-equity ratio of 144.86, a quick ratio of 0.44 and a current ratio of 0.62. The business’s fifty day simple moving average is C$65.87 and its 200-day simple moving average is C$66.43.

Enbridge (TSE:ENB) (NYSE:ENB) last issued its quarterly earnings data on Friday, February 13th. The company reported C$0.88 earnings per share for the quarter. The firm had revenue of C$17.18 billion during the quarter. Enbridge had a return on equity of 10.30% and a net margin of 13.75%. As a group, equities analysts anticipate that Enbridge Inc. will post 3.511912 earnings per share for the current fiscal year.

Enbridge Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Sunday, March 1st will be paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from Enbridge’s previous quarterly dividend of $0.94. Enbridge’s dividend payout ratio is presently 146.76%.

About Enbridge

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We’re investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We’re advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage.