Core Viewpoint - Wall Street anticipates flat earnings for Enbridge in the upcoming quarter, with a consensus EPS estimate of $0.68 per share, unchanged from the previous year, while revenues are expected to rise by 16.4% to $9.53 billion [3][11]. Earnings Report Expectations - The earnings report is scheduled for May 9, 2025, and could influence stock movement depending on whether the actual results exceed or fall short of expectations [2][3]. - A positive earnings surprise could lead to a stock price increase, while a miss may result in a decline [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.8% over the last 30 days, indicating a bearish sentiment among analysts regarding Enbridge's earnings prospects [4][11]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.46%, complicating predictions for an earnings beat [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive reading is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [8]. - Enbridge currently holds a Zacks Rank of 3 (Hold), which, combined with the negative Earnings ESP, makes it challenging to predict a positive earnings outcome [11]. Historical Performance - In the last reported quarter, Enbridge had an earnings surprise of +1.92%, with actual earnings of $0.53 per share against an expected $0.52 [12]. - Over the past four quarters, Enbridge has surpassed consensus EPS estimates twice [13]. Industry Comparison - Pembina Pipeline, another player in the oil and gas sector, is expected to report earnings of $0.57 per share, reflecting a year-over-year increase of 5.6%, with revenues projected to rise by 39.8% to $1.6 billion [17]. - Pembina's consensus EPS estimate has been revised up by 1% in the last 30 days, and it has a positive Earnings ESP of 2.93%, indicating a higher likelihood of beating the consensus estimate [18].

Core Viewpoint - The article emphasizes the importance of focusing on dividend income rather than stock price volatility, especially in the current uncertain economic environment. It highlights three specific stocks that offer reliable dividends. Group 1: TD Bank - TD Bank's shares are nearly 30% below their 2022 highs, placing it in a bear market, which has resulted in a historically high yield of around 5% [2][3] - Despite regulatory challenges due to money laundering issues in its U.S. business, TD Bank's core Canadian operations remain strong, allowing it to sustain and grow its dividend, which was recently raised by 3% [3] - The bank's ability to provide a reliable and growing dividend makes it a low-risk investment opportunity for conservative investors [3] Group 2: Vici Properties - Vici Properties is a net lease REIT primarily investing in casinos, which is perceived as risky; however, it does not operate the casinos and will continue to receive rent payments regardless of the economic conditions [4][5] - The REIT has consistently increased its dividend since its IPO, with a current yield of 5.3%, supported by long-term leases that include inflation-based rent hikes [5] - Vici's business model is designed to maintain dividends even during economic downturns, making it a stable investment option [5] Group 3: Enbridge - Enbridge is a North American midstream company with reliable cash flows from transporting oil and natural gas, allowing it to increase its dividend annually for 30 consecutive years [6][7] - The company is diversifying its operations, with 25% of its business focused on regulated natural gas utilities and clean energy, positioning it for long-term sustainability [7] - Enbridge offers a dividend yield of 5.7%, appealing to investors looking for both current income and long-term growth potential [6][7]

Group 1: Enbridge - Enbridge operates in the midstream energy sector, owning major pipelines and charging fees for their use, which supports its stable business model [2] - The company has a strong track record with 30 consecutive years of annual dividend increases, currently offering a dividend yield of 5.8%, significantly higher than the S&P 500's 1.3% and the average energy stock's 3% [3] - Enbridge is adapting to the global energy market by deriving around 25% of its EBITDA from regulated natural gas utilities and clean energy sources, making it a long-term investment option [3] Group 2: Realty Income - Realty Income is the largest net lease REIT, owning over 15,600 single-tenant properties, which minimizes income risk despite generating 75% of its rents from retail properties [4] - The REIT has a strong history of increasing dividends annually for three decades, with a current yield of 5.6%, above the average REIT yield of 4% [5] - Realty Income pays dividends monthly and has increased its dividend every quarter for 110 consecutive quarters, providing a reliable income stream for investors [6] Group 3: PepsiCo - PepsiCo offers a dividend yield of 3.8%, which, while lower than Enbridge and Realty Income, is still above the market average and near its historical high [7] - The company faces challenges such as growth slowdown and changing consumer habits, but its status as a Dividend King reflects its ability to reward shareholders consistently for over 50 years [8] - PepsiCo's current high yield presents a potential buying opportunity for long-term income investors despite existing headwinds [8] Group 4: Market Context - The current stock market is experiencing significant volatility, but focusing on high-yield stocks like Enbridge, Realty Income, and PepsiCo can provide stability through reliable dividends [10]

Group 1 - Current market conditions are challenging for investors due to elevated volatility in both equity and bond markets [1] - The company emphasizes a core investment style focused on providing actionable and clear ideas derived from independent research [1] - The service offered by the company has helped members outperform the S&P 500 and avoid significant drawdowns during extreme market volatility [2] Group 2 - The company promotes a trial membership to demonstrate the effectiveness of its proven investment methods [2]

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .I was just looking for a very specific article I read last year, as it included some quotes I wanted to use. However, I couldn't find it.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate an ...

Company Overview - Enbridge is one of the largest midstream companies in North America, primarily involved in the transmission of oil and natural gas from Canada to the United States [1][2] - Approximately 75% of Enbridge's business is tied to oil and natural gas transmission assets, moving about 30% of North America's crude oil and nearly 20% of the natural gas consumed in the U.S. [2] Business Model - Enbridge operates as a service provider, earning fees based on the volumes of oil and gas transported, rather than being directly affected by commodity prices [4] - The company's Mainline pipeline system is a significant asset, facilitating the movement of oil from the Canadian Oil Sands to the Gulf Coast [2] Impact of Tariffs - Concerns exist regarding potential tariffs affecting Enbridge due to its role in transporting Canadian oil and gas to the U.S., but the company believes it is not directly impacted [3][4] - Enbridge is skeptical about a significant decline in volumes, as energy is a necessity, and demand for oil and natural gas will persist even under tariffs [5] Industry Dynamics - Energy-processing facilities are designed for specific types of oil, making it difficult for them to switch to oil from other regions, which may mitigate the impact of tariffs [6] - Enbridge's diversified operations, including regulated natural gas utilities and a renewable energy division, represent about 25% of its business and are expected to be relatively insulated from tariff impacts [7] Financial Outlook - Despite geopolitical uncertainties, Enbridge's business model and diversification position it well to handle potential tariff situations, maintaining a secure dividend yield of 5.9% [8]

Core Viewpoint - The stock market has experienced a significant decline of nearly 15% due to tariff-related recession fears, impacting corporate profits and overall economic stability [1] Company Overview - Enbridge is a resilient energy infrastructure company with a long history of durability, operating the most extensive crude oil and liquids transportation system in North America, alongside natural gas transmission and distribution [2][3] Financial Stability - Enbridge generates approximately 98% of its earnings from cost-of-service agreements or long-term fixed-rate contracts, ensuring predictable cash flows and achieving annual financial guidance for 19 consecutive years, even during recessions [4] - The company has maintained a dividend payout for 70 years, increasing it for 30 consecutive years, showcasing its financial resilience [5] Dividend and Cash Flow Management - Enbridge pays out 60% to 70% of its stable cash flow in dividends, allowing it to retain billions in excess cash flow for growth while maintaining a strong investment-grade balance sheet [6] Growth Potential - Enbridge has a multibillion-dollar backlog of secured capital projects, including pipeline expansions and renewable energy initiatives, with visibility into earnings growth through 2029 [8] - The company anticipates a 3% compound annual growth rate in cash flow per share through next year, accelerating to around 5% annually post-2026, supporting dividend growth in the 3% to 5% range [11] Strategic Acquisitions - Enbridge has the financial flexibility to pursue acquisitions, having completed both smaller and larger transactions, including a $14 billion acquisition of three leading gas utilities [10] Market Positioning - Enbridge's durable cash flow and attractive dividend yield provide a stabilizing effect on investor portfolios during market downturns, reducing stock price volatility [13][14]

Core Viewpoint - Enbridge Inc. is currently considered overvalued with a trailing 12-month EV/EBITDA of 15.19x, exceeding the industry average of 13.63x and higher than competitors like Kinder Morgan and Enterprise Products [1][3]. Company Overview - Enbridge operates the world's longest and most complex crude oil and liquids transportation network, spanning 18,085 miles, along with a gas transportation pipeline network of 71,308 miles across the U.S. and Canada [4]. - The company transports 20% of the total natural gas consumed in the U.S., generating stable, fee-based revenues from long-term contracts with shippers [5]. Financial Performance and Projects - Enbridge has a C$29 billion backlog of secured capital projects, which includes various midstream assets and is expected to generate incremental cash flows by 2029 [6]. - The company has consistently met or exceeded its financial guidance for 19 years, demonstrating earnings stability and predictable cash flow [13]. Shareholder Returns - Enbridge has a strong commitment to returning capital to shareholders, with 30 consecutive years of dividend growth and a current dividend yield of 6.2%, higher than the industry average of 5.4% [10][12]. - The company plans to return over $40 billion to shareholders in the next five years while maintaining a 60% to 70% dividend payout ratio [12]. Market Context - Despite uncertainties such as trade wars and project delays, Enbridge has outperformed its industry peers, with a 2.4% decline month-to-date compared to a 6.2% decline for the industry composite [15].

Core Insights - The article discusses the author's journey in dividend growth investing and the establishment of a blog that documents this journey, aiming for financial independence [1]. Group 1 - The author has been investing since September 2017 and has a long-standing interest in dividend investing since 2009 [1]. - The blog "Kody's Dividends" serves as a platform for sharing insights on dividend growth stocks and growth stocks [1]. - The author expresses gratitude for the blog's role in connecting with the Seeking Alpha community as an analyst [1].

Take advantage of the currently offered discount on annual memberships and give CIP a try. The offer comes with a 11 month money guarantee , for first time members.Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.On our previous coverage of the Enbridge Inc. ( ENB ) pre ...