ENB-PFA.TO Enbridge Inc. (TSX) C$22.93 close 26 Jan 2026: Forecasts to watch
ENB-PFA.TO stock closed at C$22.93 on 26 Jan 2026 after a light intraday move and heavy volume. Trading volume hit 12,713,635 shares, making this preferred share one of today’s most active TSX listings. Investors will watch the 5.75% yield, the upcoming 13 Feb 2026 earnings notice, and valuation metrics such as PE 7.96 as drivers for short-term trading and income strategies.
ENB-PFA.TO stock performance at close
Enbridge Inc. preferred share ENB-PFA.TO finished the session at C$22.93, up C$0.03 or 0.13% versus the prior close. The stock’s day range was C$22.93–C$23.07 and year range sits at C$18.24–C$23.32.
Volume surged to 12,713,635, well above the average listed here, which flagged ENB-PFA.TO among the TSX most active issues today.
Valuation and financial snapshot for ENB-PFA.TO stock
ENB-PFA.TO shows EPS C$2.881 and an indicated PE of 7.96 on the provided quote. The preferred share carries a stated dividend per share of C$3.77, implying a yield near 5.75% at today’s close.
Balance and cash metrics show leverage pressure: debt to equity and interest coverage metrics point to elevated funding costs for Enbridge. Market participants should weigh the income profile versus balance sheet risk.
Meyka AI rates ENB-PFA.TO with a score out of 100
Meyka AI rates ENB-PFA.TO with a score of 71.32 out of 100, grade B+, suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects a 1-year target of C$60.70 and a monthly median near C$30.36. Forecasts are model-based projections and not guarantees. Use them with your own research when setting position size and stop levels.
Technical and sector context for ENB-PFA.TO stock
Technically, ENB-PFA.TO reads oversold with RSI 29.21 and strong negative momentum indicators. The MACD histogram shows bearish pressure today and short-term oscillators signal potential mean reversion.
Energy sector breadth was modest today; the TSX Energy group showed mixed moves and a 1-day performance of -0.48%, which likely limited upside for midstream names including Enbridge preferred shares.
Risks and catalysts for ENB-PFA.TO stock
Near-term catalysts include Enbridge’s earnings announcement scheduled 13 Feb 2026, dividend policy updates, and commodity price shifts that affect pipeline volumes.
Key risks are higher interest expense, leverage measures (netDebt/EBITDA ~ 3.92x in TTM metrics) and regulatory or project delays that could pressure cash flow and preferred payouts.
Price targets, trading strategy and recommendations
Analyst-style price targets to consider: conservative C$28.00, base-case C$35.00, and Meyka AI model C$60.70 as an aggressive long-term projection. Each target reflects different risk horizons and balance sheet assumptions.
For most active traders, consider income-oriented entry near support at C$22.00–C$23.00, with tight risk controls. Long-term investors should weigh preferred yield versus corporate leverage and upcoming earnings.
Final Thoughts
ENB-PFA.TO stock closed the TSX session at C$22.93 on 26 Jan 2026 with heavy volume and an income profile that stands out. Meyka AI’s forecast model projects a 1-year target of C$60.70, implying +164.70% upside versus the current price of C$22.93; this projection is model-based and not a guarantee. More conservative scenarios put a near-term price target at C$28.00 (+22.13%) and a base-case at C$35.00 (+52.68%). Key fundamentals supporting the preferred share are the C$3.77 dividend and current yield near 5.75%. Key risks include leverage metrics (net debt to EBITDA ~ 3.92x) and rising interest costs that can pressure payouts. Traders should monitor the 13 Feb 2026 earnings date, sector flows in Energy, and short-term technicals such as RSI 29.21. Use Meyka AI as an AI-powered market analysis platform input, and combine these data points with personal risk limits and portfolio goals before acting.
FAQs
What drivers moved ENB-PFA.TO stock today?
High trading volume of 12,713,635 shares and sector weakness led price action. Investors priced yield, upcoming earnings on 13 Feb 2026, and elevated leverage concerns.
How does Meyka AI forecast ENB-PFA.TO stock price?
Meyka AI’s model projects a 1-year target of C$60.70 and a monthly median near C$30.36. Forecasts are model-based projections and not guarantees.
Is ENB-PFA.TO stock a buy for income investors?
The preferred share yields about 5.75% and suits income strategies, but elevated leverage and interest coverage limits raise risk. Assess size and time horizon before buying.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.