FY2025 EPS Estimates for Enbridge Lowered by Atb Cap Markets

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Analysts at Atb Cap Markets lowered their FY2025 earnings per share estimates for shares of Enbridge in a research report issued to clients and investors on Sunday, May 11th. Atb Cap Markets analyst N. Heywood now forecasts that the pipeline company will post earnings per share of $2.10 for the year, down from their previous estimate of $2.19. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. Atb Cap Markets also issued estimates for Enbridge’s Q1 2026 earnings at $0.74 EPS and FY2026 earnings at $2.33 EPS.

Other research analysts have also issued research reports about the stock. Citigroup initiated coverage on shares of Enbridge in a research note on Friday, April 4th. They issued a “buy” rating on the stock. TD Securities started coverage on shares of Enbridge in a report on Wednesday, January 15th. They set a “buy” rating on the stock. CIBC reaffirmed an “outperform” rating on shares of Enbridge in a research note on Wednesday, March 5th. Raymond James upgraded Enbridge to a “moderate buy” rating in a report on Wednesday, April 23rd. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $67.00 price target on shares of Enbridge in a research note on Monday. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.00.

Enbridge Price Performance

Shares of ENB opened at $44.58 on Wednesday. The stock has a 50 day simple moving average of $44.34 and a 200 day simple moving average of $43.36. Enbridge has a 52-week low of $34.60 and a 52-week high of $47.08. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.55. The firm has a market capitalization of $97.19 billion, a PE ratio of 25.92, a P/E/G ratio of 3.92 and a beta of 0.84.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its quarterly earnings results on Friday, May 9th. The pipeline company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.04. Enbridge had a return on equity of 10.16% and a net margin of 10.04%. The company had revenue of $7.27 billion during the quarter, compared to the consensus estimate of $10.20 billion. During the same period in the prior year, the company earned $0.92 earnings per share.

Institutional Trading of Enbridge

A number of institutional investors have recently made changes to their positions in the business. Dagco Inc. bought a new stake in Enbridge during the 1st quarter worth about $25,000. Garde Capital Inc. bought a new position in shares of Enbridge in the 1st quarter valued at about $26,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Enbridge in the first quarter valued at about $28,000. Albion Financial Group UT bought a new stake in Enbridge during the fourth quarter worth about $29,000. Finally, Accent Capital Management LLC bought a new stake in Enbridge during the first quarter worth about $30,000. Institutional investors own 54.60% of the company’s stock.

Enbridge Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Thursday, May 15th will be issued a $0.679 dividend. The ex-dividend date is Thursday, May 15th. This is an increase from Enbridge’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a dividend yield of 6.09%. Enbridge’s dividend payout ratio (DPR) is 139.69%.

About Enbridge

Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.