Enbridge Inc. (TSE:ENB – Free Report) (NYSE:ENB) – Stock analysts at US Capital Advisors boosted their Q1 2025 earnings per share estimates for shares of Enbridge in a report issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $0.90 per share for the quarter, up from their previous estimate of $0.83. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. US Capital Advisors also issued estimates for Enbridge’s Q2 2025 earnings at $0.70 EPS.
Several other equities analysts have also recently issued reports on ENB. Wells Fargo & Company boosted their price target on Enbridge from C$57.00 to C$60.00 in a research report on Thursday, December 5th. BMO Capital Markets boosted their price target on Enbridge from C$59.00 to C$60.00 in a research report on Wednesday, December 4th. TD Securities set a C$66.00 target price on Enbridge and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Raymond James boosted their target price on Enbridge from C$59.00 to C$63.00 in a research report on Tuesday, November 26th. Finally, Royal Bank of Canada boosted their target price on Enbridge from C$59.00 to C$63.00 in a research report on Wednesday, December 4th. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Enbridge currently has a consensus rating of “Hold” and a consensus target price of C$62.23.
Enbridge Stock Up 0.2 %
Enbridge stock opened at C$62.70 on Wednesday. The company has a market capitalization of C$136.69 billion, a P/E ratio of 24.12, a PEG ratio of 1.72 and a beta of 0.90. Enbridge has a fifty-two week low of C$45.05 and a fifty-two week high of C$65.62. The stock has a 50-day simple moving average of C$61.67 and a 200-day simple moving average of C$57.32. The company has a debt-to-equity ratio of 131.26, a quick ratio of 0.44 and a current ratio of 0.76.
Insider Transactions at Enbridge
In other news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of C$59.94, for a total transaction of C$66,293.64. Insiders own 0.10% of the company’s stock.
Enbridge Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Saturday, March 1st will be issued a dividend of $0.9425 per share. This is a boost from Enbridge’s previous quarterly dividend of $0.92. The ex-dividend date of this dividend is Friday, February 14th. This represents a $3.77 annualized dividend and a dividend yield of 6.01%. Enbridge’s dividend payout ratio (DPR) is 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.
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