FY2025 EPS Estimates for Enbridge Reduced by Atb Cap Markets

Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - Stock analysts at Atb Cap Markets lowered 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 per share of $3.05 for the year, down from their prior estimate 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.

A number of other research firms also recently issued reports on ENB. CIBC raised their price objective on shares of Enbridge from C$61.00 to C$63.00 in a report on Wednesday, December 4th. Wells Fargo & Company lifted their price target on shares of Enbridge from C$57.00 to C$60.00 in a report on Thursday, December 5th. Royal Bank of Canada raised their target price on Enbridge from C$59.00 to C$63.00 in a research report on Wednesday, December 4th. Raymond James upped their price target on Enbridge from C$59.00 to C$63.00 in a research report on Tuesday, November 26th. Finally, BMO Capital Markets increased their price target on Enbridge from C$59.00 to C$60.00 in a research note on Wednesday, December 4th. Eight equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of C$60.31.

Enbridge Stock Performance

TSE:ENB traded down C$0.46 during trading on Monday, reaching C$59.23. The company's stock had a trading volume of 9,738,341 shares, compared to its average volume of 8,464,263. The firm has a market cap of C$129.12 billion, a price-to-earnings ratio of 22.78, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90. Enbridge has a 12 month low of C$45.05 and a 12 month high of C$61.99. 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 firm has a 50 day moving average of C$58.56 and a 200-day moving average of C$54.01.

Insiders Place Their Bets

In related news, Senior Officer Maximilian Chan sold 688 shares of Enbridge stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of C$55.20, for a total value of C$37,977.60. Corporate insiders own 0.10% of the company's stock.

Enbridge Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 14th will be issued a dividend of $0.9425 per share. This is an increase from Enbridge's previous quarterly dividend of $0.92. This represents a $3.77 dividend on an annualized basis and a dividend yield of 6.37%. Enbridge's payout ratio is currently 140.77%.

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.