US Capital Advisors Raises Earnings Estimates for Enbridge

Key Points

• US Capital Advisors raised its Q1 2026 EPS forecast for Enbridge to $0.72 (from $0.71) and lifted its FY2027 estimate to $2.30, above the current consensus of $2.14, implying a slightly stronger earnings trajectory.
• Enbridge said Gulf Coast re‑exports of Canadian heavy crude are set to surge as approved and proposed pipeline projects come online, which could boost throughput, fee‑based revenue and long‑term cash‑flow visibility.
• ENB is trading near its 12‑month high after a quarterly EPS beat, and analyst sentiment is mixed (seven Buys, six Holds; average price target $65), while valuation (P/E ≈ 23.6) and leverage (debt/equity ≈ 1.7) remain investor watchpoints.

Enbridge Inc (NYSE:ENB - Free Report) TSE: ENB - Stock analysts at US Capital Advisors lifted their Q1 2026 earnings per share (EPS) estimates for shares of Enbridge in a research report issued to clients and investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings of $0.72 per share for the quarter, up from their previous forecast of $0.71. The consensus estimate for Enbridge's current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge's Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.64 EPS, Q1 2027 earnings at $0.75 EPS, Q2 2027 earnings at $0.45 EPS, Q3 2027 earnings at $0.43 EPS, Q4 2027 earnings at $0.68 EPS and FY2027 earnings at $2.30 EPS.

A number of other analysts also recently issued reports on the stock. TD Securities downgraded shares of Enbridge from a "buy" rating to a "hold" rating in a report on Tuesday, February 17th. Wall Street Zen raised shares of Enbridge from a "sell" rating to a "hold" rating in a report on Saturday. Scotiabank reiterated an "outperform" rating on shares of Enbridge in a research report on Tuesday, February 17th. Royal Bank Of Canada boosted their price target on Enbridge from $72.00 to $76.00 and gave the company an "outperform" rating in a research note on Tuesday, February 17th. Finally, Zacks Research raised Enbridge from a "strong sell" rating to a "hold" rating in a research report on Monday, December 29th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $65.00.

Enbridge Trading Up 1.4%

ENB stock opened at $54.19 on Tuesday. Enbridge has a 52 week low of $39.73 and a 52 week high of $54.70. The company has a market capitalization of $118.24 billion, a PE ratio of 23.56 and a beta of 0.67. The company's 50-day simple moving average is $51.19 and its 200 day simple moving average is $49.06. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.55 and a current ratio of 0.63.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last posted its quarterly earnings data on Friday, February 13th. The pipeline company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.03. Enbridge had a return on equity of 11.19% and a net margin of 11.30%.The firm had revenue of $17.18 billion for the quarter, compared to analysts' expectations of $9.10 billion. During the same quarter last year, the business earned $0.75 EPS.

Institutional Investors Weigh In On Enbridge

Several hedge funds have recently modified their holdings of ENB. MIdWestOne Financial Group Inc. increased its stake in shares of Enbridge by 4.3% during the 4th quarter. MIdWestOne Financial Group Inc. now owns 4,906 shares of the pipeline company's stock worth $235,000 after purchasing an additional 203 shares during the last quarter. Sumitomo Life Insurance Co. grew its holdings in Enbridge by 1.1% during the fourth quarter. Sumitomo Life Insurance Co. now owns 18,621 shares of the pipeline company's stock valued at $891,000 after purchasing an additional 205 shares during the period. Arete Wealth Advisors LLC increased its position in Enbridge by 4.4% in the fourth quarter. Arete Wealth Advisors LLC now owns 4,914 shares of the pipeline company's stock worth $235,000 after buying an additional 208 shares during the last quarter. IHT Wealth Management LLC raised its stake in shares of Enbridge by 1.2% in the second quarter. IHT Wealth Management LLC now owns 18,084 shares of the pipeline company's stock valued at $820,000 after buying an additional 213 shares during the period. Finally, Blue Fin Capital Inc. lifted its position in shares of Enbridge by 1.3% during the 4th quarter. Blue Fin Capital Inc. now owns 16,028 shares of the pipeline company's stock valued at $767,000 after buying an additional 213 shares during the last quarter. Institutional investors and hedge funds own 54.60% of the company's stock.

Enbridge News Summary

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors raised several forecasts, most notably lifting FY2027 to $2.30 from $2.19 and nudging quarterly EPS estimates higher (e.g., Q1 2026 to $0.72, Q3/Q4 2026/2027 small increases). The firm’s upgrades point to a slightly stronger earnings trajectory versus prior assumptions and sit above the current consensus of $2.14, supporting upside for the shares.
• Positive Sentiment: Enbridge’s crude-oil division told CERAWeek that Gulf Coast re‑exports of Canadian heavy crude are set to surge as approved and proposed pipeline projects come online — a signal of rising throughput, fee-based revenue potential and improved long-term cash flow visibility. CERAWeek Canadian crude re-exports from Gulf Coast set to surge with pipeline projects, Enbridge says
• Positive Sentiment: A recent Seeking Alpha piece framed Enbridge’s fundamentals and growth prospects as supportive of a bullish outlook, which can reinforce investor appetite for the stock. Enbridge Could Be At Its Peak Price
• Negative Sentiment: US Capital Advisors trimmed Q2 2026 slightly to $0.44 (from $0.45). It’s a modest near-term downgrade that could pressure short-term expectations for that quarter, though it’s minor relative to the overall upward revisions.
• Neutral Sentiment: Context for investors: ENB is trading above its 50- and 200-day moving averages and near its 12‑month high; valuation (P/E ~23.6) and leverage (debt/equity ~1.7) remain watchpoints for income/quality trade-offs.

Enbridge Company Profile

Enbridge Inc is a Calgary, Alberta–based energy infrastructure company that develops, owns and operates a diversified portfolio of energy transportation, distribution and generation assets. Its core activities include the operation of crude oil and liquids pipelines, natural gas transmission and distribution systems, and energy storage facilities. In addition to midstream transportation and storage, Enbridge has expanded into renewable power generation and energy transition projects, including wind, solar and utility-scale generation assets.

The company serves customers primarily in Canada and the United States and has interests in other international energy projects.

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