Q1 EPS Estimates for Enbridge Raised by US Capital Advisors

Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - Stock analysts at US Capital Advisors upped their Q1 2025 earnings per share (EPS) estimates for shares of Enbridge in a report released on Monday, April 28th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $0.94 per share for the quarter, up from their previous estimate of $0.92. The consensus estimate for Enbridge's current full-year earnings is $3.51 per share.

Several other research analysts also recently commented on the stock. Scotiabank raised their price target on shares of Enbridge from C$61.00 to C$65.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. Echelon Wealth Partners boosted their target price on Enbridge from C$67.00 to C$74.00 in a research note on Wednesday, April 23rd. Barclays boosted their price objective on shares of Enbridge from C$59.00 to C$64.00 in a report on Monday, January 6th. Raymond James raised Enbridge to a "moderate buy" rating in a report on Wednesday, April 23rd. Finally, Citigroup set a C$75.00 price target on shares of Enbridge and gave the stock a "buy" rating in a report on Friday, April 4th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Enbridge has an average rating of "Hold" and an average target price of C$65.79.

Enbridge Trading Up 0.5 %

Shares of ENB traded up C$0.32 during midday trading on Tuesday, hitting C$64.73. The stock had a trading volume of 4,729,910 shares, compared to its average volume of 8,416,517. The firm has a market cap of C$140.28 billion, a PE ratio of 21.04, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90. The stock's 50 day moving average is C$62.07 and its 200 day moving average is C$61.13. Enbridge has a 1 year low of C$47.41 and a 1 year high of C$65.62. The company has a debt-to-equity ratio of 144.86, a current ratio of 0.62 and a quick ratio of 0.44.

Insider Activity

In other Enbridge news, Senior Officer Matthew Allan Akman acquired 1,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was bought at an average price of C$61.24 per share, with a total value of C$61,240.00. Also, Senior Officer Michele Eva Harradence bought 5,857 shares of the firm's stock in a transaction on Wednesday, March 19th. The stock was acquired at an average cost of C$62.53 per share, for a total transaction of C$366,238.21. Insiders own 0.10% of the company's stock.

Enbridge Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Sunday, June 1st will be paid a dividend of $0.9425 per share. This represents a $3.77 annualized dividend and a dividend yield of 5.82%. The ex-dividend date is Thursday, May 15th. Enbridge's payout ratio is 118.98%.

Enbridge Company Profile

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.