Enbridge (ENB) Projected to Post Earnings on Friday

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB is expected to announce its Q2 2025 earnings results before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of $0.42 per share and revenue of $10.56 billion for the quarter.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last posted its quarterly earnings data on Friday, May 9th. The pipeline company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.04. The firm had revenue of $7.27 billion during the quarter, compared to analysts' expectations of $10.20 billion. Enbridge had a return on equity of 10.41% and a net margin of 10.16%. During the same period in the prior year, the business earned $0.92 EPS. On average, analysts expect Enbridge to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Enbridge Trading Down 0.7%

ENB stock traded down $0.32 during trading on Monday, hitting $44.65. 2,853,686 shares of the company traded hands, compared to its average volume of 3,833,351. The firm has a market capitalization of $97.35 billion, a PE ratio of 23.02, a P/E/G ratio of 4.19 and a beta of 0.79. Enbridge has a 1 year low of $36.50 and a 1 year high of $47.44. The company has a 50-day moving average of $45.41 and a 200-day moving average of $44.52. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.66 and a current ratio of 0.73.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ENB shares. National Bankshares restated a "sector perform" rating on shares of Enbridge in a report on Monday, May 12th. Citigroup started coverage on Enbridge in a report on Friday, April 4th. They set a "buy" rating for the company. Royal Bank Of Canada restated an "outperform" rating and set a $67.00 target price on shares of Enbridge in a report on Monday, May 12th. Raymond James Financial upgraded Enbridge to a "moderate buy" rating in a report on Wednesday, April 23rd. Finally, BMO Capital Markets restated a "market perform" rating on shares of Enbridge in a report on Monday, May 12th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $67.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Enbridge stock. Brighton Jones LLC purchased a new stake in shares of Enbridge Inc (NYSE:ENB - Free Report) TSE: ENB in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,151 shares of the pipeline company's stock, valued at approximately $261,000. 54.60% of the stock is owned by hedge funds and other institutional investors.

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.