Enbridge FY2025 EPS Raised by National Bank Financial

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Equities research analysts at National Bank Financial boosted their FY2025 EPS estimates for shares of Enbridge in a research report issued to clients and investors on Monday, January 6th. National Bank Financial analyst P. Kenny now expects that the company will post earnings of $3.10 per share for the year, up from their prior estimate of $3.00. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. National Bank Financial also issued estimates for Enbridge’s FY2028 earnings at $3.43 EPS.

A number of other brokerages also recently issued reports on ENB. Royal Bank of Canada increased their price target on shares of Enbridge from C$59.00 to C$63.00 in a report on Wednesday, December 4th. Scotiabank raised their price target on shares of Enbridge from C$57.00 to C$61.00 in a report on Wednesday, December 4th. CIBC upped their price target on shares of Enbridge from C$61.00 to C$63.00 in a report on Wednesday, December 4th. Barclays lifted their price objective on Enbridge from C$59.00 to C$64.00 in a research note on Monday. Finally, BMO Capital Markets raised their price target on Enbridge from C$59.00 to C$60.00 in a report on Wednesday, December 4th. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$61.08.

Enbridge Stock Performance

Shares of ENB opened at C$62.70 on Wednesday. Enbridge has a 52-week low of C$45.05 and a 52-week high of C$62.82. The stock’s 50-day simple moving average is C$59.73 and its 200 day simple moving average is C$55.23. The company has a debt-to-equity ratio of 131.26, a quick ratio of 0.44 and a current ratio of 0.76. The stock has a market capitalization of C$136.69 billion, a price-to-earnings ratio of 24.12, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90.

Enbridge Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Friday, February 14th will be issued a dividend of $0.9425 per share. This represents a $3.77 annualized dividend and a dividend yield of 6.01%. This is a positive change from Enbridge’s previous quarterly dividend of $0.92. Enbridge’s dividend payout ratio (DPR) is currently 140.77%.

Insider Buying and Selling

In other Enbridge news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of Enbridge stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of C$59.94, for a total value of C$66,293.64. 0.10% of the stock is owned by corporate insiders.

Enbridge Company Profile

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.