National Bank Financial Forecasts Enbridge Q2 Earnings

Enbridge Inc (NYSE:ENB - Free Report) TSE: ENB - Research analysts at National Bank Financial issued their Q2 2025 EPS estimates for Enbridge in a note issued to investors on Monday, July 21st. National Bank Financial analyst P. Kenny forecasts that the pipeline company will post earnings per share of $0.41 for the quarter. The consensus estimate for Enbridge's current full-year earnings is $2.14 per share.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last released its quarterly earnings data on Friday, May 9th. The pipeline company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.04. Enbridge had a net margin of 10.16% and a return on equity of 10.41%. The company had revenue of $7.27 billion during the quarter, compared to analysts' expectations of $10.20 billion. During the same quarter in the previous year, the company earned $0.92 earnings per share.

A number of other research analysts have also recently weighed in on ENB. National Bankshares reaffirmed a "sector perform" rating on shares of Enbridge in a report on Monday, May 12th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $67.00 price objective on shares of Enbridge in a report on Monday, May 12th. Jefferies Financial Group raised shares of Enbridge from a "hold" rating to a "buy" rating in a report on Wednesday. Raymond James Financial raised shares of Enbridge to a "moderate buy" rating in a report on Wednesday, April 23rd. Finally, Citigroup assumed coverage on shares of Enbridge in a report on Friday, April 4th. They issued a "buy" rating for the company. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $67.00.

Enbridge Stock Performance

ENB traded down $0.47 on Wednesday, reaching $45.00. The stock had a trading volume of 4,603,612 shares, compared to its average volume of 3,833,071. Enbridge has a 12-month low of $36.38 and a 12-month high of $47.44. The company has a current ratio of 0.73, a quick ratio of 0.66 and a debt-to-equity ratio of 1.51. The business's 50-day moving average price is $45.41 and its two-hundred day moving average price is $44.50. The company has a market cap of $98.11 billion, a P/E ratio of 23.19, a price-to-earnings-growth ratio of 4.25 and a beta of 0.79.

Institutional Trading of Enbridge

Several institutional investors have recently modified their holdings of ENB. Dagco Inc. acquired a new position in Enbridge during the first quarter worth about $25,000. Garde Capital Inc. acquired a new position in Enbridge during the first quarter worth about $26,000. Financial Gravity Asset Management Inc. acquired a new position in Enbridge during the first quarter worth about $28,000. Accent Capital Management LLC acquired a new position in Enbridge during the first quarter worth about $30,000. Finally, GeoWealth Management LLC boosted its position in Enbridge by 436.4% during the fourth quarter. GeoWealth Management LLC now owns 751 shares of the pipeline company's stock worth $32,000 after acquiring an additional 611 shares during the last quarter. Institutional investors and hedge funds own 54.60% of the company's stock.

About Enbridge

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.