Checking your phone to see the enbridge stock price today per share has become a bit of a ritual for income seekers. If you’re looking right now—it’s Friday, January 16, 2026—you’ll see the ticker (ENB) hovering around $47.59 on the New York Stock Exchange. That’s a decent little bump of about 1.66% from yesterday’s close.
But honestly? The daily wiggle of the price isn’t why people own this thing. You don’t buy a pipeline giant for the "to the moon" thrills. You buy it because it’s basically a massive, toll-collecting machine that pays you to wait.
The Real Numbers Right Now
Let’s get the dry stuff out of the way. Today’s range has been pretty tight, bouncing between **$46.93 and $47.60**. If you look at the 52-week spread, we’re sitting closer to the high end ($50.54) than the low ($39.73).
Market cap? It’s massive. Over $104 billion.
The volume is healthy too, with millions of shares changing hands as we speak. But the number that actually matters for your wallet isn't just the price on the screen. It’s the dividend yield, which is currently sitting at a juicy 5.84%.
Why the Price is Moving (or Isn’t)
Investors are currently digesting the 2026 financial guidance that Enbridge dropped just a few weeks ago. Management is projecting an adjusted EBITDA of between $20.2 billion and $20.8 billion.
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That sounds like a lot of zeros, right? Basically, it means they are growing. They aren't just sitting on old pipes; they have about $8 billion in new projects scheduled to enter service this year.
One thing that kinda catches people off guard is the debt. To build this stuff, Enbridge borrows. A lot. They’re planning to issue about $10 billion in debt this year, but half of that is just to refinance old stuff that’s maturing. They’ve got a "dividend aristocrat" reputation to protect—this is their 31st consecutive year of hiking the payout.
The Dividend Reality Check
Starting March 1, 2026, the quarterly dividend is jumping to **$0.97 per share** ($3.88 annualized).
If you bought today at $47.59, you’re locking in a yield that beats most "safe" bonds. But here’s the catch: the growth isn't explosive. We’re looking at a 3% increase. It’s steady. It’s predictable. It’s... sorta boring.
But in a market where tech stocks can drop 10% because of a tweet, boring is a luxury.
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What Most People Get Wrong
There’s a common misconception that Enbridge is just an "oil company."
If you think that, you’re missing the shift. They are moving fast into natural gas and renewables. They’ve got their hands in European offshore wind and are betting big on data center demand. All those AI servers need power, and natural gas is often the bridge to get them there.
- 95% of their customers are investment-grade.
- 98% of their cash flow is backed by long-term contracts.
- They have almost zero direct exposure to the actual price of oil.
Whether oil is $40 or $100, the oil still has to flow through the pipe. Enbridge gets paid for the volume, not the value of the liquid inside.
The 2026 Forecast: Is $51 Realistic?
Analysts are currently pinning a one-year price target of around $51.47.
Is that a guarantee? No way. If interest rates stay higher for longer, it puts pressure on heavy-debt companies like this. However, with the Distributable Cash Flow (DCF) expected to be between $5.70 and $6.10 per share this year, the math supports the price.
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Actionable Next Steps for You
If you're staring at the enbridge stock price today per share and wondering whether to hit the "buy" button, consider your timeline.
Watch the Record Date: If you want that new $0.97 dividend, you need to be a shareholder of record by February 17, 2026. If you buy after that, you're waiting until the next cycle.
Check Your Allocation: Enbridge is a "widows and orphans" stock. It belongs in the stable, income-generating part of your portfolio. Don't treat it like a speculative growth play.
Mind the Currency: If you're trading the TSX version (ENB.TO) instead of the NYSE version, remember that the dividend is declared in Canadian dollars. Currency fluctuations can eat into (or boost) your actual take-home pay if you're a US investor.
Evaluate the P/E: At a P/E ratio of roughly 25.7, it's not "cheap" by historical standards, but it's reflective of the premium people are willing to pay for reliable cash in an uncertain 2026 economy.
Keep an eye on the quarterly earnings report coming up on February 13, 2026. That’s when we’ll see if those $8 billion in projects are actually hitting their milestones or if costs are creeping up.