Enbridge FY2026 EPS Reduced by National Bank Financial

Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - Stock analysts at National Bank Financial reduced their FY2026 EPS estimates for Enbridge in a research note issued on Tuesday, March 4th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings per share of $3.17 for the year, down from their previous forecast of $3.18. The consensus estimate for Enbridge's current full-year earnings is $3.51 per share.

Other equities research analysts also recently issued research reports about the stock. CIBC increased their target price on shares of Enbridge from C$66.00 to C$67.00 in a research note on Wednesday. Wells Fargo & Company boosted their target price on Enbridge from C$57.00 to C$60.00 in a research report on Thursday, December 5th. Royal Bank of Canada increased their price target on Enbridge from C$63.00 to C$67.00 in a report on Tuesday, February 18th. Scotiabank boosted their price objective on Enbridge from C$61.00 to C$65.00 and gave the company a "sector perform" rating in a 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, February 18th. Seven 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, the stock has an average rating of "Hold" and an average target price of C$63.31.

Remove Ads

Enbridge Price Performance

TSE ENB traded up C$0.86 during trading on Thursday, hitting C$60.38. 8,670,759 shares of the stock traded hands, compared to its average volume of 10,119,828. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86. Enbridge has a 12-month low of C$45.39 and a 12-month high of C$65.62. The firm has a 50-day simple moving average of C$62.35 and a 200-day simple moving average of C$58.98. The company has a market capitalization of C$130.86 billion, a P/E ratio of 19.63, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90.

Insiders Place Their Bets

In other news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of Enbridge 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. 0.10% of the stock is owned by company insiders.

Enbridge Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Saturday, March 1st were paid a $0.9425 dividend. This is an increase from Enbridge's previous quarterly dividend of $0.92. The ex-dividend date of this dividend was Friday, February 14th. This represents a $3.77 dividend on an annualized basis and a yield of 6.24%. Enbridge's 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.