Enbridge Inc. (TSE:ENB – Free Report) (NYSE:ENB) – Stock analysts at Atb Cap Markets decreased their FY2025 earnings 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 company will post earnings of $2.91 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 and FY2026 earnings at $3.23 EPS.
Other equities research analysts also recently issued reports about the company. TD Securities boosted their price target on Enbridge from C$66.00 to C$67.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. Scotiabank raised their target price on Enbridge from C$61.00 to C$65.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. Jefferies Financial Group raised their price objective on Enbridge from C$59.00 to C$65.00 in a research note on Thursday, January 30th. Raymond James raised shares of Enbridge to a “moderate buy” rating in a report on Wednesday, April 23rd. Finally, BMO Capital Markets upped their target price on shares of Enbridge from C$60.00 to C$63.00 in a report on Monday. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Enbridge currently has an average rating of “Moderate Buy” and a consensus target price of C$66.00.
Enbridge Price Performance
TSE ENB 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. Enbridge has a 1-year low of C$47.41 and a 1-year high of C$65.62. The stock has a market capitalization of C$134.63 billion, a price-to-earnings ratio of 20.19, a PEG ratio of 1.72 and a beta of 0.90. The business’s fifty day moving average price is C$62.48 and its 200-day moving average price is C$61.43.
Enbridge Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Investors of record on Sunday, June 1st will be paid a dividend of $0.9425 per share. This represents a $3.77 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date is Thursday, May 15th. Enbridge’s payout ratio is presently 118.98%.
Insiders Place Their Bets
In other news, Senior Officer Matthew Allan Akman acquired 1,000 shares of the company’s stock in a transaction on Friday, March 14th. The stock was bought at an average cost of C$61.24 per share, with a total value of C$61,240.00. Also, Senior Officer Michele Eva Harradence bought 5,857 shares of Enbridge stock in a transaction dated Wednesday, March 19th. The stock was purchased at an average cost of C$62.53 per share, for a total transaction of C$366,238.21. Corporate insiders own 0.10% of the company’s stock.
About Enbridge
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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