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ENB.TO hits 52-week high amid data-centre tailwind narrative, despite recent EPS estimate cuts
- Enbridge (TSX:ENB) reached a new 52-week high of C$79.16 on May 20, closing at C$78.58 on volume of 10.8M shares — nearly double its recent average
- The stock is up 15.2% year-to-date, following analyst commentary citing LNG and data-centre power demand as long-term growth opportunities for midstream infrastructure
- The 52-week high coincides with a period of recent EPS estimate cuts (7 down vs 1 up in the past week), highlighting divergence between price momentum and near-term earnings pressure
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Conclusion
daily_prices: ENB.TO high C$79.16 on 2026-05-20 (new 52-week high), close C$78.58, volume 10,816,590. eps_trend (2026-05-21): 0y current C$2.88 vs seven_days_ago C$2.95 (-2.23%). eps_revisions (2026-05-21): 0y: up_last_7=1, down_last_7=7. tickers_metadata: market cap C$171.6B, dividend yield 4.86%. News: Zacks pipeline article (May 19, 2026) citing data-centre demand and LNG as growth drivers for midstream; company reaffirmed 2026 guidance on May 8 with distributable cash flow up 2% YoY.