Atb Cap Markets Reduces Earnings Estimates for Enbridge

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Equities researchers at Atb Cap Markets lowered their FY2025 EPS estimates for Enbridge in a report issued on Sunday, November 9th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $2.94 per share for the year, down from their prior estimate 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, Q2 2026 earnings at $0.68 EPS and FY2026 earnings at $3.17 EPS.

ENB has been the topic of several other reports. National Bankshares lifted their price objective on shares of Enbridge from C$64.00 to C$65.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 5th. CIBC increased their price objective on Enbridge from C$70.00 to C$71.00 in a research note on Monday. BMO Capital Markets upped their target price on Enbridge from C$66.00 to C$67.00 in a report on Monday. Raymond James Financial raised their price target on shares of Enbridge from C$74.00 to C$76.00 in a report on Monday. Finally, Scotiabank upped their price objective on shares of Enbridge from C$65.00 to C$69.00 and gave the company a “sector perform” rating in a research note on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Enbridge currently has an average rating of “Moderate Buy” and a consensus target price of C$69.50.

Enbridge Stock Performance

Enbridge stock opened at C$67.68 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 cap of C$147.58 billion, a P/E ratio of 23.83, a price-to-earnings-growth ratio of 1.72 and a beta of 0.91. Enbridge has a fifty-two week low of C$56.51 and a fifty-two week high of C$70.39. The firm’s 50 day simple moving average is C$67.30 and its 200-day simple moving average is C$64.70.

Enbridge Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, December 1st will be given a $0.9425 dividend. This represents a $3.77 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Friday, November 14th. Enbridge’s payout ratio is currently 130.81%.

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.