Q3 EPS Estimates for Enbridge Lowered by US Capital Advisors

Key Points

• US Capital Advisors cut Enbridge’s Q3 2026 EPS estimate to $0.52 from $0.60, while maintaining a “Moderate Buy” rating. The firm also lowered several 2027 earnings forecasts, including FY2027 EPS to $3.29 from $3.35.
• Analyst sentiment remains broadly positive: Enbridge has an average “Moderate Buy” rating and a consensus price target of C$77.62, despite some recent target-price reductions and upgrades from other firms.
• Enbridge shares opened at C$67.89, with a 5.7% dividend yield based on its annualized C$3.88 payout. Two insiders also purchased shares in September, increasing their respective holdings.

Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - Equities research analysts at US Capital Advisors decreased their Q3 2026 earnings estimates for Enbridge in a research report issued on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $0.52 per share for the quarter, down from their prior forecast of $0.60. US Capital Advisors currently has a "Moderate Buy" rating on the stock. The consensus estimate for Enbridge's current full-year earnings is $3.51 per share. US Capital Advisors also issued estimates for Enbridge's Q1 2027 earnings at $1.08 EPS, Q3 2027 earnings at $0.63 EPS, Q4 2027 earnings at $0.91 EPS and FY2027 earnings at $3.29 EPS.

Enbridge (TSE:ENB - Get Free Report) NYSE: ENB last issued its quarterly earnings results on Friday, July 31st. The company reported C$0.63 EPS for the quarter. Enbridge had a net margin of 7.28% and a return on equity of 10.01%. The business had revenue of C$29.32 billion during the quarter.

Several other analysts also recently issued reports on the stock. Jefferies Financial Group cut their target price on shares of Enbridge from C$79.00 to C$70.00 in a research note on Tuesday, September 1st. TD upgraded Enbridge from a "hold" rating to a "buy" rating and reduced their target price for the company from C$82.00 to C$81.00 in a report on Tuesday, September 15th. Scotiabank raised Enbridge to a "strong-buy" rating in a research report on Thursday, September 17th. National Bank Financial upgraded Enbridge from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from C$81.00 to C$82.00 in a report on Tuesday, September 15th. Finally, Canadian Imperial Bank of Commerce upgraded 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. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Enbridge presently has an average rating of "Moderate Buy" and an average price target of C$77.62.

Enbridge Trading Down 0.2%

Enbridge stock opened at C$67.89 on Thursday. Enbridge has a 52 week low of C$62.42 and a 52 week high of C$80.65. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.44 and a current ratio of 0.72. The firm has a market capitalization of C$151.32 billion, a price-to-earnings ratio of 26.21, a P/E/G ratio of 1.72 and a beta of 0.72. The company has a 50 day moving average price of C$67.76 and a 200 day moving average price of C$72.36.

Insider Activity at Enbridge

In related news, insider Michele Eva Harradence acquired 7,105 shares of the company's stock in a transaction on Monday, September 14th. The shares were purchased at an average price of C$67.28 per share, for a total transaction of C$478,024.40. Following the purchase, the insider owned 87,467 shares in the company, valued at C$5,884,779.76. This represents a 8.84% increase in their ownership of the stock. Also, Director Gregory Lorne Ebel acquired 7,105 shares of the company's stock in a transaction on Monday, September 14th. The stock was bought at an average price 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. Company insiders own 0.10% of the company's stock.

Enbridge Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, September 1st were issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 5.7%. The ex-dividend date was Friday, August 14th. Enbridge's dividend payout ratio (DPR) is currently 147.68%.

Key Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors maintained a “Moderate Buy” rating and raised its Q4 2026 EPS estimate slightly to $0.86 from $0.85. The firm also increased its FY2028 forecast to $3.71 per share from $3.38, indicating improved longer-term earnings expectations. Enbridge analyst estimates
• Neutral Sentiment: A Motley Fool article described Enbridge as a solid company but argued that Bank of Nova Scotia offers greater upside. The comparison is not a direct downgrade of Enbridge, but it could reinforce investor preference for other income-oriented financial stocks. Enbridge and Bank of Scotia comparison
• Negative Sentiment: US Capital Advisors lowered its Q3 2026 EPS estimate substantially to $0.52 from $0.60. It also reduced forecasts for Q1 2027 to $1.08 from $1.09, Q3 2027 to $0.63 from $0.64, Q4 2027 to $0.91 from $0.95, and FY2027 to $3.29 from $3.35. These cuts point to softer expected earnings over the next several reporting periods and are likely creating near-term pressure on Enbridge shares. The FY2027 estimate is also below the company’s current-year consensus forecast of $3.51 per share. US Capital Advisors earnings revisions

About Enbridge

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.

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