FY2026 EPS Estimate for Enbridge Reduced by Analyst

Enbridge Inc. (NYSE:ENB - Free Report) TSE: ENB - Equities researchers at National Bank Financial cut their FY2026 earnings per share estimates for shares of Enbridge in a report issued on Tuesday, March 4th. National Bank Financial analyst P. Kenny now expects that the pipeline company will earn $2.22 per share for the year, down from their prior estimate of $2.23. The consensus estimate for Enbridge's current full-year earnings is $2.14 per share.

A number of other equities research analysts also recently weighed in on ENB. Royal Bank of Canada raised their target price on shares of Enbridge from $63.00 to $67.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. TD Securities initiated coverage on shares of Enbridge in a research report on Wednesday, January 15th. They set a "buy" rating on the stock. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $67.00.

Enbridge Price Performance

Shares of ENB traded up $0.40 during mid-day trading on Thursday, reaching $42.00. 3,144,296 shares of the stock traded hands, compared to its average volume of 4,411,846. Enbridge has a 1 year low of $32.85 and a 1 year high of $45.78. The company has a current ratio of 0.55, a quick ratio of 0.54 and a debt-to-equity ratio of 1.50. The company has a market cap of $91.51 billion, a price-to-earnings ratio of 24.42, a price-to-earnings-growth ratio of 3.92 and a beta of 0.95. The firm has a fifty day moving average price of $43.45 and a 200 day moving average price of $42.10.

Remove Ads

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last issued its quarterly earnings data on Friday, February 14th. The pipeline company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.52 by $0.23. The company had revenue of $11.59 billion during the quarter, compared to analysts' expectations of $4.78 billion. Enbridge had a net margin of 10.04% and a return on equity of 10.16%. During the same quarter in the previous year, the company earned $0.64 earnings per share.

Institutional Trading of Enbridge

A number of hedge funds have recently bought and sold shares of ENB. Farther Finance Advisors LLC boosted its stake in shares of Enbridge by 12.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,566 shares of the pipeline company's stock valued at $429,000 after purchasing an additional 1,193 shares in the last quarter. United Advisor Group LLC lifted its stake in Enbridge by 22.7% in the third quarter. United Advisor Group LLC now owns 9,841 shares of the pipeline company's stock worth $400,000 after purchasing an additional 1,818 shares during the last quarter. Callahan Advisors LLC boosted its position in Enbridge by 43.0% during the third quarter. Callahan Advisors LLC now owns 138,403 shares of the pipeline company's stock valued at $5,621,000 after buying an additional 41,642 shares during the period. Radnor Capital Management LLC grew its stake in shares of Enbridge by 9.0% during the third quarter. Radnor Capital Management LLC now owns 69,864 shares of the pipeline company's stock valued at $2,837,000 after buying an additional 5,775 shares during the last quarter. Finally, Maia Wealth LLC purchased a new position in shares of Enbridge in the third quarter worth about $225,000. Institutional investors own 54.60% of the company's stock.

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.