Q1 EPS Estimates for Enbridge Lifted by US Capital Advisors

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – US Capital Advisors lifted their Q1 2025 earnings per share (EPS) estimates for Enbridge in a research note issued to investors on Monday, April 28th. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings of $0.94 per share for the quarter, up from their previous estimate of $0.92. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share.

Several other research firms also recently weighed in on ENB. Raymond James upgraded shares of Enbridge to a “moderate buy” rating in a report on Wednesday, April 23rd. Citigroup set a C$75.00 price objective on shares of Enbridge and gave the company a “buy” rating in a report on Friday, April 4th. Scotiabank lifted their price objective on shares of Enbridge from C$61.00 to C$65.00 and gave the company a “sector perform” rating in a report on Thursday, February 13th. TD Securities lifted their price objective on shares of Enbridge from C$66.00 to C$67.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Finally, Royal Bank of Canada lifted their price objective on shares of Enbridge from C$63.00 to C$67.00 in a report on Tuesday, February 18th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$65.79.

Enbridge Price Performance

Shares of TSE:ENB opened at C$64.45 on Tuesday. The stock’s 50 day moving average is C$61.66 and its 200-day moving average is C$60.90. Enbridge has a twelve month low of C$47.41 and a twelve month high of C$65.62. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86. The firm has a market capitalization of C$139.68 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 1.72 and a beta of 0.90.

Enbridge Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Investors of record on Thursday, May 15th will be issued a dividend of $0.9425 per share. This represents a $3.77 annualized dividend and a yield of 5.85%. Enbridge’s dividend payout ratio (DPR) is presently 118.98%.

Insider Buying and Selling

In related news, Senior Officer Michele Eva Harradence acquired 5,857 shares of the stock in a transaction on Wednesday, March 19th. The shares were acquired at an average price of C$62.53 per share, with a total value of C$366,238.21. Also, Senior Officer Matthew Allan Akman acquired 1,000 shares of the stock in a transaction on Friday, March 14th. The stock was bought at an average cost of C$61.24 per share, for a total transaction of C$61,240.00. 0.10% of the stock is owned by corporate insiders.

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.