Research Analysts Set Expectations for Enbridge Q1 Earnings

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Investment analysts at Atb Cap Markets boosted their Q1 2025 earnings per share estimates for Enbridge in a research report issued to clients and investors on Monday, February 17th. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings per share of $1.00 for the quarter, up from their prior forecast of $0.93. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share.

A number of other brokerages also recently issued reports on ENB. BMO Capital Markets upped their price target on Enbridge from C$59.00 to C$60.00 in a report on Wednesday, December 4th. TD Securities upped their target price on shares of Enbridge from C$66.00 to C$67.00 and gave the company a “buy” rating in a report on Tuesday. Jefferies Financial Group increased their target price on shares of Enbridge from C$59.00 to C$65.00 in a research report on Thursday, January 30th. Scotiabank boosted their price target on shares of Enbridge from C$61.00 to C$65.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Finally, Raymond James lifted their target price on Enbridge from C$65.00 to C$67.00 in a research report on Tuesday. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Enbridge has a consensus rating of “Hold” and an average price target of C$63.23.

Enbridge Trading Down 0.7 %

TSE:ENB opened at C$60.21 on Thursday. The company has a debt-to-equity ratio of 144.86, a quick ratio of 0.44 and a current ratio of 0.62. Enbridge has a 1 year low of C$45.39 and a 1 year high of C$65.62. The stock has a market cap of C$130.49 billion, a P/E ratio of 19.57, a P/E/G ratio of 1.72 and a beta of 0.90. The stock has a 50-day simple moving average of C$62.20 and a 200-day simple moving average of C$58.33.

Insider Buying and Selling

In related news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of C$59.94, for a total transaction of C$66,293.64. Corporate insiders own 0.10% of the company’s stock.

Enbridge Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Saturday, March 1st will be paid a dividend of $0.9425 per share. This represents a $3.77 annualized dividend and a dividend yield of 6.26%. The ex-dividend date is Friday, February 14th. This is a boost from Enbridge’s previous quarterly dividend of $0.92. Enbridge’s dividend payout ratio is 118.98%.

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.