Enbridge (ENB) Expected to Post Earnings on Friday

Key Points

• Enbridge is expected to report Q3 2026 results before market open on November 6. Analysts forecast earnings of $0.36 per share on $9.62 billion in revenue, compared with $0.46 EPS and $9.70 billion in revenue in the prior quarter.
• The stock recently traded at $49.25, with a 52-week range of $45.03 to $58.45. Enbridge’s shares carry an overall “Moderate Buy” rating and an average analyst price target of $65.88.
• Analysts have generally become more positive, including recent upgrades and higher price targets, although some EPS estimates were lowered for upcoming quarters and fiscal 2027, signaling softer near-term expectations.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB is expected to be issuing its Q3 2026 results before the market opens on Friday, November 6th. Analysts expect Enbridge to announce earnings of $0.36 per share and revenue of $9.62 billion for the quarter. Parties can find conference call details on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, November 6, 2026 at 9:00 AM ET.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last issued its quarterly earnings data on Friday, July 31st. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. Enbridge had a return on equity of 11.17% and a net margin of 7.20%. The company had revenue of $9.70 billion during the quarter, compared to analysts' expectations of $8.67 billion. During the same period last year, the business earned $0.65 earnings per share. On average, analysts expect Enbridge to post $2.08 EPS for the current fiscal year and $2.28 EPS for the next fiscal year.

Enbridge Stock Up 1.4%

Shares of NYSE:ENB opened at $49.25 on Friday. Enbridge has a 52 week low of $45.03 and a 52 week high of $58.45. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.66 and a current ratio of 0.72. The company's fifty day moving average is $48.31 and its 200-day moving average is $52.13. The company has a market capitalization of $109.78 billion, a PE ratio of 22.79, a P/E/G ratio of 5.83 and a beta of 0.60.

Analyst Upgrades and Downgrades

ENB has been the subject of several analyst reports. Canadian Imperial Bank of Commerce reissued an "outperform" rating on shares of Enbridge in a report on Thursday, October 22nd. BMO Capital Markets upgraded shares of Enbridge from a "market perform" rating to an "outperform" rating and set a $79.50 price target on the stock in a research report on Monday, September 14th. Royal Bank Of Canada upped their price objective on shares of Enbridge from $79.00 to $84.00 and gave the stock an "outperform" rating in a research note on Monday, August 3rd. Wolfe Research set a $50.00 price objective on shares of Enbridge in a report on Tuesday, August 4th. Finally, National Bank Financial raised shares of Enbridge from a "sector perform" rating to an "outperform" rating in a report on Tuesday, September 15th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $65.88.

More Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Enbridge outperformed the broader market during the latest trading session, suggesting investors viewed its defensive, pipeline-focused business model favorably amid market weakness. Enbridge Gains As Market Dips: What You Should Know
• Positive Sentiment: US Capital Advisors raised its FY2028 EPS forecast modestly to $2.64 from $2.62 and maintained a “Moderate Buy” rating, supporting the view that earnings growth could improve over the longer term. Enbridge analyst estimates
• Positive Sentiment: Enbridge continues to attract attention as a high-yield dividend stock. That income appeal may support demand, particularly for investors seeking relatively defensive cash flow, though higher Treasury yields increase competition for dividend investments. High-Yield Dividend Stocks
• Neutral Sentiment: Heavy investor searches for ENB indicate elevated market interest, but the report provides no new operating or financial catalyst by itself. Investors Heavily Search Enbridge
• Negative Sentiment: US Capital Advisors reduced EPS forecasts for Q3 2026 to $0.37 from $0.43, Q1 2027 to $0.77 from $0.78, Q3 2027 to $0.45 from $0.46, Q4 2027 to $0.65 from $0.69, and FY2027 to $2.35 from $2.41. The cuts signal softer near-term expectations, despite the continued “Moderate Buy” rating. Enbridge earnings estimate revisions

About Enbridge

Enbridge Inc is a Canadian energy infrastructure company that operates one of the largest pipeline and energy delivery networks in North America. Its businesses transport crude oil and other liquid hydrocarbons, move and store natural gas, and deliver natural gas to residential, commercial and industrial customers.

The company's operations span Canada and the United States, including extensive pipeline systems serving major producing regions, refineries and population centers. Enbridge also develops and operates renewable power assets, including offshore and onshore wind projects, solar facilities and other lower-carbon energy infrastructure.

Enbridge traces its history to the Interprovincial Pipe Line Company, founded in 1949 to transport Canadian crude oil.

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