National Bank Financial Cuts Earnings Estimates for Enbridge

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Equities research analysts at National Bank Financial decreased their FY2025 earnings estimates for Enbridge in a research note issued on Monday, February 17th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings per share of $3.05 for the year, down from their previous estimate of $3.10. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. National Bank Financial also issued estimates for Enbridge’s FY2026 earnings at $3.18 EPS.

Several other research analysts also recently commented on ENB. Raymond James lifted their target price on shares of Enbridge from C$65.00 to C$67.00 in a research note on Tuesday. CIBC lifted their target price on shares of Enbridge from C$63.00 to C$66.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. BMO Capital Markets lifted their target price on shares of Enbridge from C$59.00 to C$60.00 in a research note on Wednesday, December 4th. Barclays lifted their target price on shares of Enbridge from C$59.00 to C$64.00 in a research note on Monday, January 6th. Finally, Morgan Stanley set a C$64.00 price target on shares of Enbridge and gave the company an “equal weight” rating in a report on Friday, October 25th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$63.23.

Enbridge Stock Down 0.7 %

Shares of TSE ENB opened at C$60.21 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86. Enbridge has a 52 week low of C$45.39 and a 52 week high of C$65.62. The firm’s fifty day moving average is C$62.20 and its 200 day moving average is C$58.33. The company has a market cap of C$130.49 billion, a price-to-earnings ratio of 19.57, a PEG ratio of 1.72 and a beta of 0.90.

Insider Activity

In other news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of C$59.94, for a total transaction of C$66,293.64. Company insiders own 0.10% of the company’s stock.

Enbridge Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Saturday, March 1st will be issued a dividend of $0.9425 per share. This represents a $3.77 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date is Friday, February 14th. This is a boost from Enbridge’s previous quarterly dividend of $0.92. Enbridge’s payout ratio is 118.98%.

Enbridge Company Profile

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.