FY2025 EPS Estimates for Enbridge Cut by Atb Cap Markets

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Stock analysts at Atb Cap Markets decreased their FY2025 earnings per share (EPS) estimates for shares of Enbridge in a research note issued on Thursday, December 12th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $3.05 for the year, down from their prior forecast of $3.06. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. Atb Cap Markets also issued estimates for Enbridge’s FY2026 earnings at $3.21 EPS.

ENB has been the subject of a number of other reports. Royal Bank of Canada lifted their price objective on shares of Enbridge from C$59.00 to C$63.00 in a report on Wednesday, December 4th. Wells Fargo & Company raised their price target on shares of Enbridge from C$57.00 to C$60.00 in a research report on Thursday, December 5th. JPMorgan Chase & Co. boosted their price objective on Enbridge from C$66.00 to C$69.00 in a report on Thursday, December 5th. CIBC raised their target price on Enbridge from C$61.00 to C$63.00 in a report on Wednesday, December 4th. Finally, Raymond James lifted their target price on Enbridge from C$59.00 to C$63.00 in a research report on Tuesday, November 26th. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Enbridge has an average rating of “Hold” and a consensus target price of C$60.31.

Enbridge Stock Performance

Shares of ENB stock opened at C$59.69 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.44 and a debt-to-equity ratio of 131.26. The firm has a fifty day simple moving average of C$58.48 and a two-hundred day simple moving average of C$53.97. Enbridge has a 12 month low of C$45.05 and a 12 month high of C$61.99. The firm has a market capitalization of C$130.12 billion, a PE ratio of 22.96, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90.

Insider Activity at Enbridge

In other news, Senior Officer Maximilian Chan sold 688 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of C$55.20, for a total transaction of C$37,977.60. 0.10% of the stock is currently owned by company insiders.

Enbridge Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 14th will be issued a $0.9425 dividend. This is a positive change from Enbridge’s previous quarterly dividend of $0.92. This represents a $3.77 annualized dividend and a dividend yield of 6.32%. Enbridge’s dividend payout ratio is currently 140.77%.

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.