FY2025 EPS Estimates for Enbridge Decreased by Analyst

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Equities researchers at Atb Cap Markets decreased their FY2025 earnings per share (EPS) estimates for Enbridge in a research note issued to investors on Thursday, December 12th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings of $3.05 per share for the year, down from their previous forecast of $3.06. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. Atb Cap Markets also issued estimates for Enbridge’s FY2026 earnings at $3.21 EPS.

Other analysts have also issued research reports about the company. Barclays increased their price target on Enbridge from C$54.00 to C$59.00 in a report on Monday, November 11th. BMO Capital Markets raised their target price on shares of Enbridge from C$59.00 to C$60.00 in a report on Wednesday, December 4th. Wells Fargo & Company boosted their target price on Enbridge from C$57.00 to C$60.00 in a research report on Thursday, December 5th. Raymond James increased their price target on Enbridge from C$59.00 to C$63.00 in a report on Tuesday, November 26th. Finally, CIBC boosted their price objective on Enbridge from C$61.00 to C$63.00 in a report on Wednesday, December 4th. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of C$60.31.

Enbridge Price Performance

TSE:ENB opened at C$59.24 on Monday. The firm has a market capitalization of C$129.14 billion, a price-to-earnings ratio of 22.78, a PEG ratio of 1.72 and a beta of 0.90. The company has a debt-to-equity ratio of 131.26, a current ratio of 0.76 and a quick ratio of 0.44. The business has a 50 day simple moving average of C$58.64 and a 200-day simple moving average of C$54.04. Enbridge has a 1 year low of C$45.05 and a 1 year high of C$61.99.

Enbridge Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 14th will be issued a $0.9425 dividend. This represents a $3.77 annualized dividend and a dividend yield of 6.36%. This is a positive change from Enbridge’s previous quarterly dividend of $0.92. Enbridge’s payout ratio is currently 140.77%.

About Enbridge

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.