Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - National Bank Financial issued their Q2 2025 earnings per share estimates for Enbridge in a research note issued on Monday, July 21st. National Bank Financial analyst P. Kenny expects that the company will post earnings of $0.56 per share for the quarter. The consensus estimate for Enbridge's current full-year earnings is $3.51 per share.
Other equities research analysts also recently issued research reports about the company. BMO Capital Markets lifted their target price on Enbridge from C$60.00 to C$63.00 in a report on Monday, May 12th. Citigroup set a C$75.00 price objective on Enbridge and gave the company a "buy" rating in a research report on Friday, April 4th. Jefferies Financial Group upgraded Enbridge from a "hold" rating to a "buy" rating and boosted their price target for the stock from C$65.00 to C$72.00 in a research report on Wednesday. Raymond James Financial upgraded Enbridge to a "moderate buy" rating in a research report on Wednesday, April 23rd. Finally, Echelon Wealth Partners upped their target price on Enbridge from C$67.00 to C$74.00 in a report on Wednesday, April 23rd. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Enbridge has an average rating of "Moderate Buy" and a consensus price target of C$66.50.
Check Out Our Latest Stock Analysis on Enbridge
Enbridge Stock Performance
Shares of Enbridge stock traded down C$0.36 on Wednesday, reaching C$61.67. 8,578,712 shares of the stock were exchanged, compared to its average volume of 8,552,076. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86. Enbridge has a twelve month low of C$50.32 and a twelve month high of C$65.62. The firm has a market capitalization of C$133.65 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 1.72 and a beta of 0.90. The business has a 50 day moving average price of C$62.24 and a two-hundred day moving average price of C$62.42.
Enbridge Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Sunday, June 1st. Investors of record on Sunday, June 1st were paid a dividend of $0.9425 per share. This represents a $3.77 annualized dividend and a yield of 6.11%. The ex-dividend date of this dividend was Thursday, May 15th. Enbridge's payout ratio is 118.98%.
Insider Transactions at Enbridge
In related news, Senior Officer Maximilian Chan sold 801 shares of the stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of C$63.17, for a total transaction of C$50,599.17. Insiders own 0.10% of the company's stock.
Enbridge Company Profile
(
Get Free Report)
Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company.
Further Reading
Before you consider Enbridge, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enbridge wasn't on the list.
While Enbridge currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access