Atb Cap Markets Has Pessimistic View of Enbridge Q2 Earnings

Enbridge Inc. (NYSE:ENB - Free Report) TSE: ENB - Stock analysts at Atb Cap Markets reduced their Q2 2025 earnings per share estimates for Enbridge in a report issued on Sunday, May 11th. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will earn $0.42 per share for the quarter, down from their previous estimate of $0.43. The consensus estimate for Enbridge's current full-year earnings is $2.14 per share. Atb Cap Markets also issued estimates for Enbridge's Q3 2025 earnings at $0.37 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.45 EPS, Q4 2026 earnings at $0.63 EPS and FY2027 earnings at $2.47 EPS.

Other equities analysts have also recently issued reports about the company. Citigroup assumed coverage on Enbridge in a research report on Friday, April 4th. They set a "buy" rating for the company. BMO Capital Markets restated a "market perform" rating on shares of Enbridge in a research report on Monday. National Bankshares restated a "sector perform" rating on shares of Enbridge in a research report on Monday. Royal Bank of Canada restated an "outperform" rating and set a $67.00 target price on shares of Enbridge in a research report on Monday. Finally, Raymond James upgraded Enbridge to a "moderate buy" rating in a research report on Wednesday, April 23rd. Five 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, the company presently has an average rating of "Hold" and an average price target of $67.00.

Enbridge Stock Performance

Shares of Enbridge stock traded up $0.03 during trading hours on Tuesday, reaching $44.95. The company had a trading volume of 1,353,028 shares, compared to its average volume of 4,094,000. Enbridge has a one year low of $34.60 and a one year high of $47.08. The business has a fifty day simple moving average of $44.44 and a 200 day simple moving average of $43.40. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.55 and a quick ratio of 0.54. The firm has a market cap of $97.98 billion, a PE ratio of 26.13, a price-to-earnings-growth ratio of 3.92 and a beta of 0.84.

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

Enbridge Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Thursday, May 15th will be given a dividend of $0.679 per share. This is an increase from Enbridge's previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.72 dividend on an annualized basis and a yield of 6.04%. Enbridge's dividend payout ratio (DPR) is presently 139.69%.

Institutional Investors Weigh In On Enbridge

A number of large investors have recently added to or reduced their stakes in the company. Dagco Inc. purchased a new position in shares of Enbridge in the first quarter worth about $25,000. Garde Capital Inc. purchased a new position in shares of Enbridge in the first quarter worth about $26,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Enbridge in the first quarter worth about $28,000. Albion Financial Group UT purchased a new position in shares of Enbridge in the fourth quarter worth about $29,000. Finally, Accent Capital Management LLC purchased a new position in shares of Enbridge in the first quarter worth about $30,000. Hedge funds and other institutional investors own 54.60% of the company's stock.

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.