Enbridge Inc. (TSE:ENB – Free Report) (NYSE:ENB) – Research analysts at Atb Cap Markets reduced their FY2025 earnings estimates for shares of Enbridge in a research note issued to investors on Sunday, May 11th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings per share of $2.91 for the year, down from their prior forecast of $3.04. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. Atb Cap Markets also issued estimates for Enbridge’s Q1 2026 earnings at $1.03 EPS and FY2026 earnings at $3.23 EPS.
Other equities research analysts have also issued reports about the company. Scotiabank lifted their target price on Enbridge from C$61.00 to C$65.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Royal Bank of Canada lifted their price objective on shares of Enbridge from C$63.00 to C$67.00 in a report on Tuesday, February 18th. Citigroup set a C$75.00 price target on Enbridge and gave the company a “buy” rating in a report on Friday, April 4th. BMO Capital Markets lifted their target price on Enbridge from C$60.00 to C$63.00 in a research note on Monday. Finally, Echelon Wealth Partners lifted their price objective on shares of Enbridge from C$67.00 to C$74.00 in a research report on Wednesday, April 23rd. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Enbridge currently has an average rating of “Moderate Buy” and an average target price of C$66.00.
Enbridge Price Performance
Shares of ENB stock opened at C$62.12 on Wednesday. The company has a debt-to-equity ratio of 144.86, a current ratio of 0.62 and a quick ratio of 0.44. The company has a market capitalization of C$134.63 billion, a P/E ratio of 20.19, a P/E/G ratio of 1.72 and a beta of 0.90. The company’s 50-day simple moving average is C$62.48 and its two-hundred day simple moving average is C$61.43. Enbridge has a one year low of C$47.41 and a one year high of C$65.62.
Insiders Place Their Bets
In other news, Senior Officer Michele Eva Harradence bought 5,857 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The stock was purchased at an average price of C$62.53 per share, with a total value of C$366,238.21. Also, Senior Officer Matthew Allan Akman acquired 1,000 shares of the firm’s stock in a transaction on Friday, March 14th. The shares were acquired at an average price of C$61.24 per share, with a total value of C$61,240.00. Corporate insiders own 0.10% of the company’s stock.
Enbridge Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Sunday, June 1st will be paid a dividend of $0.9425 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.77 dividend on an annualized basis and a yield of 6.07%. Enbridge’s payout ratio is 118.98%.
Enbridge Company Profile
Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada’s largest natural gas distribution company.
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