FY2026 Earnings Estimate for Enbridge Issued By Scotiabank

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Investment analysts at Scotiabank issued their FY2026 earnings estimates for Enbridge in a report released on Thursday, September 17th. Scotiabank analyst R. Hope forecasts that the company will post earnings of $2.94 per share for the year. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. Scotiabank also issued estimates for Enbridge’s FY2027 earnings at $3.26 EPS.

ENB has been the topic of several other reports. TD Securities upgraded Enbridge from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 14th. BMO Capital Markets raised shares of Enbridge from a “hold” rating to an “outperform” rating and increased their price target for the stock from C$79.00 to C$79.50 in a research note on Tuesday, September 15th. Canadian Imperial Bank of Commerce upgraded shares of Enbridge from a “hold” rating to an “outperformer” rating and lifted their price target for the company from C$77.00 to C$78.00 in a report on Friday, August 28th. Jefferies Financial Group lowered their price objective on shares of Enbridge from C$79.00 to C$70.00 in a research note on Tuesday, September 1st. Finally, US Capital Advisors upgraded Enbridge from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$77.62.

Enbridge Trading Down 0.3%

Shares of Enbridge stock opened at C$67.47 on Monday. Enbridge has a fifty-two week low of C$62.42 and a fifty-two week high of C$80.65. The business’s fifty day moving average is C$72.18 and its two-hundred day moving average is C$74.52. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 171.59. The firm has a market cap of C$147.36 billion, a PE ratio of 26.05, a P/E/G ratio of 1.72 and a beta of 0.69.

Enbridge (TSE:ENB) (NYSE:ENB) last announced its quarterly earnings data on Friday, July 31st. The company reported C$0.63 earnings per share (EPS) for the quarter. The business had revenue of C$29.32 billion for the quarter. Enbridge had a net margin of 7.28% and a return on equity of 10.01%.

Insider Buying and Selling

In other Enbridge news, insider Michele Eva Harradence acquired 7,105 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was bought at an average price of C$67.28 per share, with a total value of C$478,024.40. Following the completion of the transaction, the insider directly owned 87,467 shares of the company’s stock, valued at approximately C$5,884,779.76. The trade was a 8.84% increase in their ownership of the stock. Also, Director Gregory Lorne Ebel bought 7,105 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was acquired at an average cost of C$66.85 per share, for a total transaction of C$474,969.25. Following the purchase, the director owned 589,721 shares in the company, valued at approximately C$39,422,848.85. This trade represents a 1.22% increase in their position. Insiders own 0.10% of the company’s stock.

Enbridge Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, September 1st were issued a $0.97 dividend. The ex-dividend date was Friday, August 14th. This represents a $3.88 annualized dividend and a yield of 5.8%. Enbridge’s dividend payout ratio (DPR) is presently 147.68%.

Enbridge Company Profile

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We’re investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We’re advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage.