Atb Cap Markets Cuts Earnings Estimates for Enbridge

Enbridge Inc. (NYSE:ENB - Free Report) TSE: ENB - Stock analysts at Atb Cap Markets cut their FY2025 earnings per share estimates for shares of Enbridge in a research report issued to clients and investors on Sunday, May 11th. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will post earnings of $2.10 per share for the year, down from their previous estimate of $2.19. The consensus estimate for Enbridge's current full-year earnings is $2.14 per share. Atb Cap Markets also issued estimates for Enbridge's Q1 2026 earnings at $0.74 EPS and FY2026 earnings at $2.33 EPS.

ENB has been the topic of several other reports. CIBC reissued an "outperform" rating on shares of Enbridge in a research note on Wednesday, March 5th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $67.00 price objective on shares of Enbridge in a report on Monday. TD Securities started coverage on Enbridge in a research note on Wednesday, January 15th. They issued a "buy" rating for the company. Citigroup started coverage on Enbridge in a research report on Friday, April 4th. They set a "buy" rating for the company. Finally, Raymond James upgraded Enbridge to a "moderate buy" rating in a report on Wednesday, April 23rd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $67.00.

Enbridge Trading Up 0.1%

ENB opened at $44.58 on Wednesday. Enbridge has a 1-year low of $34.60 and a 1-year high of $47.08. The stock has a market capitalization of $97.19 billion, a PE ratio of 25.92, a PEG ratio of 3.92 and a beta of 0.84. The company has a current ratio of 0.55, a quick ratio of 0.54 and a debt-to-equity ratio of 1.50. The firm has a 50-day moving average price of $44.34 and a two-hundred day moving average price of $43.36.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last released its quarterly earnings results on Friday, May 9th. The pipeline company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.04. The business had revenue of $7.27 billion during the quarter, compared to analysts' expectations of $10.20 billion. Enbridge had a return on equity of 10.16% and a net margin of 10.04%. During the same period in the previous year, the business posted $0.92 earnings per share.

Institutional Trading of Enbridge

Institutional investors have recently bought and sold shares of the business. Barclays PLC increased its holdings in Enbridge by 8.3% in the third quarter. Barclays PLC now owns 584,020 shares of the pipeline company's stock valued at $23,717,000 after purchasing an additional 44,675 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Enbridge by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,142,638 shares of the pipeline company's stock worth $655,556,000 after buying an additional 176,733 shares during the period. Fiduciary Alliance LLC grew its position in shares of Enbridge by 179.5% during the 4th quarter. Fiduciary Alliance LLC now owns 19,711 shares of the pipeline company's stock worth $836,000 after buying an additional 12,659 shares during the period. Brookstone Capital Management increased its stake in shares of Enbridge by 7.7% in the 4th quarter. Brookstone Capital Management now owns 52,550 shares of the pipeline company's stock valued at $2,230,000 after acquiring an additional 3,759 shares during the last quarter. Finally, Eagle Bay Advisors LLC raised its position in shares of Enbridge by 10.6% in the 4th quarter. Eagle Bay Advisors LLC now owns 2,507 shares of the pipeline company's stock valued at $106,000 after acquiring an additional 240 shares during the period. Institutional investors and hedge funds own 54.60% of the company's stock.

Enbridge Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Thursday, May 15th will be paid a $0.679 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This is a boost from Enbridge's previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a yield of 6.09%. Enbridge's dividend payout ratio (DPR) is presently 139.69%.

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.

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