Q1 EPS Estimates for Enbridge Lifted by US Capital Advisors

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Research analysts at US Capital Advisors boosted their Q1 2025 earnings per share (EPS) estimates for Enbridge in a report issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will post earnings per share of $0.62 for the quarter, up from their previous estimate of $0.59. The consensus estimate for Enbridge’s current full-year earnings is $1.97 per share. US Capital Advisors also issued estimates for Enbridge’s Q2 2025 earnings at $0.48 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.11 EPS and FY2026 earnings at $2.07 EPS.

Other equities analysts have also issued research reports about the company. Royal Bank of Canada reissued an “outperform” rating and set a $63.00 price objective (up previously from $59.00) on shares of Enbridge in a research report on Wednesday, December 4th. Morgan Stanley began coverage on Enbridge in a research report on Friday, October 25th. They set an “equal weight” rating for the company. TD Securities began coverage on Enbridge in a research report on Wednesday, January 15th. They issued a “buy” rating for the company. Finally, Wells Fargo & Company raised Enbridge from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, November 6th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $63.00.

Enbridge Stock Performance

Shares of Enbridge stock opened at $44.51 on Thursday. The company has a current ratio of 0.62, a quick ratio of 0.54 and a debt-to-equity ratio of 1.41. The firm has a market capitalization of $96.96 billion, a P/E ratio of 20.61, a P/E/G ratio of 4.02 and a beta of 0.94. The business has a fifty day simple moving average of $43.18 and a two-hundred day simple moving average of $41.36. Enbridge has a 12 month low of $32.85 and a 12 month high of $45.78.

Enbridge Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Saturday, February 15th will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 6.02%. The ex-dividend date of this dividend is Friday, February 14th. Enbridge’s dividend payout ratio is presently 121.76%.

Hedge Funds Weigh In On Enbridge

A number of hedge funds have recently bought and sold shares of ENB. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in Enbridge by 1,514.7% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 4,799,345 shares of the pipeline company’s stock worth $194,938,000 after buying an additional 4,502,115 shares during the last quarter. Pathway Financial Advisers LLC raised its position in Enbridge by 4,120.0% in the 3rd quarter. Pathway Financial Advisers LLC now owns 4,571,669 shares of the pipeline company’s stock worth $185,655,000 after buying an additional 4,463,335 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Enbridge in the 4th quarter worth about $180,941,000. Connor Clark & Lunn Investment Management Ltd. raised its position in Enbridge by 27.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 12,278,739 shares of the pipeline company’s stock worth $498,734,000 after buying an additional 2,668,692 shares during the last quarter. Finally, National Bank of Canada FI raised its position in Enbridge by 12.8% in the 3rd quarter. National Bank of Canada FI now owns 18,163,353 shares of the pipeline company’s stock worth $737,754,000 after buying an additional 2,061,758 shares during the last quarter. Hedge funds and other institutional investors own 54.60% of the company’s stock.

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.