National Bank Financial Estimates Enbridge FY2025 Earnings

Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - Equities research analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for shares of Enbridge in a research note issued on Monday, February 17th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings per share of $3.05 for the year, down from their previous estimate of $3.10. The consensus estimate for Enbridge's current full-year earnings is $3.51 per share. National Bank Financial also issued estimates for Enbridge's FY2026 earnings at $3.18 EPS.

Several other analysts have also recently commented on the stock. TD Securities raised their target price on shares of Enbridge from C$66.00 to C$67.00 and gave the stock a "buy" rating in a research note on Tuesday. BMO Capital Markets increased their price target on shares of Enbridge from C$59.00 to C$60.00 in a report on Wednesday, December 4th. Royal Bank of Canada lifted their price objective on Enbridge from C$63.00 to C$67.00 in a report on Tuesday. Jefferies Financial Group boosted their target price on Enbridge from C$59.00 to C$65.00 in a research report on Thursday, January 30th. Finally, Morgan Stanley set a C$64.00 price target on Enbridge and gave the company an "equal weight" rating in a report on Friday, October 25th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of C$63.23.

Enbridge Stock Performance

Shares of TSE ENB traded down C$0.01 during mid-day trading on Thursday, hitting C$59.45. 10,803,839 shares of the company were exchanged, compared to its average volume of 10,191,566. The stock has a 50 day simple moving average of C$62.19 and a 200-day simple moving average of C$58.38. Enbridge has a 1-year low of C$45.39 and a 1-year high of C$65.62. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86. The firm has a market cap of C$128.84 billion, a price-to-earnings ratio of 19.33, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90.

Insider Activity

In other news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of C$59.94, for a total value of C$66,293.64. Company insiders own 0.10% of the company's stock.

Enbridge Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Saturday, March 1st will be issued a $0.9425 dividend. This is a positive change from Enbridge's previous quarterly dividend of $0.92. The ex-dividend date is Friday, February 14th. This represents a $3.77 annualized dividend and a yield of 6.34%. Enbridge's dividend payout ratio is 118.98%.

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.