Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) – Equities research analysts at US Capital Advisors dropped their Q2 2026 earnings per share estimates for shares of Enbridge in a research note issued on Wednesday, July 29th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings of $0.41 per share for the quarter, down from their previous forecast of $0.42. The consensus estimate for Enbridge’s current full-year earnings is $2.13 per share. US Capital Advisors also issued estimates for Enbridge’s Q1 2027 earnings at $0.74 EPS.
Several other analysts have also recently issued reports on the stock. TD Securities reaffirmed a “hold” rating on shares of Enbridge in a report on Thursday, July 16th. Royal Bank Of Canada raised their price objective on shares of Enbridge from $76.00 to $79.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Wall Street Zen raised shares of Enbridge from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Enbridge in a research note on Monday, May 11th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Enbridge in a research note on Friday, May 22nd. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Enbridge has a consensus rating of “Moderate Buy” and an average price target of $66.50.
Enbridge Stock Up 0.5%
ENB stock opened at $55.42 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 1.69. The firm has a 50 day simple moving average of $55.59 and a 200-day simple moving average of $53.57. The company has a market capitalization of $121.04 billion, a P/E ratio of 26.02 and a beta of 0.58. Enbridge has a twelve month low of $44.80 and a twelve month high of $58.45.
Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last announced its earnings results on Friday, May 8th. The pipeline company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. The company had revenue of $9.37 billion for the quarter, compared to analyst estimates of $8.49 billion. Enbridge had a return on equity of 11.21% and a net margin of 9.83%.During the same period in the prior year, the company posted $1.03 EPS.
Enbridge Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Friday, August 14th. Enbridge’s payout ratio is currently 133.80%.
Institutional Trading of Enbridge
A number of institutional investors and hedge funds have recently modified their holdings of ENB. Triumph Capital Management bought a new position in shares of Enbridge in the 3rd quarter worth about $26,000. Arlington Trust Co LLC grew its position in shares of Enbridge by 114.6% during the 2nd quarter. Arlington Trust Co LLC now owns 500 shares of the pipeline company’s stock valued at $27,000 after buying an additional 267 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of Enbridge during the 3rd quarter valued at about $28,000. Inspire Investing LLC acquired a new stake in Enbridge during the fourth quarter worth about $29,000. Finally, Garner Asset Management Corp acquired a new stake in Enbridge during the fourth quarter worth about $30,000. 54.60% of the stock is owned by institutional investors and hedge funds.
Enbridge Company Profile
Enbridge Inc is a Calgary, Alberta–based energy infrastructure company that develops, owns and operates a diversified portfolio of energy transportation, distribution and generation assets. Its core activities include the operation of crude oil and liquids pipelines, natural gas transmission and distribution systems, and energy storage facilities. In addition to midstream transportation and storage, Enbridge has expanded into renewable power generation and energy transition projects, including wind, solar and utility-scale generation assets.
The company serves customers primarily in Canada and the United States and has interests in other international energy projects.
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