Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - Equities researchers at Atb Cap Markets lowered their Q2 2025 earnings per share estimates for Enbridge in a research report issued on Thursday, July 17th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $0.57 per share for the quarter, down from their prior estimate of $0.58. The consensus estimate for Enbridge's current full-year earnings is $3.51 per share. Atb Cap Markets also issued estimates for Enbridge's FY2025 earnings at $2.89 EPS.
Other analysts have also issued research reports about the company. Citigroup set a C$75.00 price target on Enbridge and gave the company a "buy" rating in a report on Friday, April 4th. Jefferies Financial Group raised Enbridge from a "hold" rating to a "buy" rating and boosted their price target for the company from C$65.00 to C$72.00 in a report on Wednesday. BMO Capital Markets boosted their price target on Enbridge from C$60.00 to C$63.00 in a report on Monday, May 12th. Echelon Wealth Partners boosted their price target on Enbridge from C$67.00 to C$74.00 in a report on Wednesday, April 23rd. Finally, Raymond James Financial raised Enbridge to a "moderate buy" rating in a report on Wednesday, April 23rd. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Enbridge currently has a consensus rating of "Moderate Buy" and an average target price of C$66.50.
Check Out Our Latest Stock Analysis on ENB
Enbridge Stock Performance
TSE:ENB traded up C$0.19 during mid-day trading on Monday, hitting C$62.03. 7,217,525 shares of the company traded hands, compared to its average volume of 8,551,889. The stock's fifty day moving average price is C$62.26 and its 200-day moving average price is C$62.42. Enbridge has a one year low of C$50.22 and a one year high of C$65.62. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86. The firm has a market cap of C$134.43 billion, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90.
Insider Activity at Enbridge
In related news, Senior Officer Maximilian Chan sold 801 shares of the business's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of C$63.17, for a total value of C$50,599.17. Corporate insiders own 0.10% of the company's stock.
Enbridge Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Sunday, June 1st. Investors of record on Sunday, June 1st were given a $0.9425 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.77 dividend on an annualized basis and a dividend yield of 6.08%. Enbridge's dividend payout ratio is currently 118.98%.
About Enbridge
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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.
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