Q1 EPS Estimates for Enbridge Lifted by US Capital Advisors

Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - US Capital Advisors lifted their Q1 2025 earnings per share estimates for shares of Enbridge in a report issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $0.90 for the quarter, up from their previous forecast of $0.83. The consensus estimate for Enbridge's current full-year earnings is $3.51 per share. US Capital Advisors also issued estimates for Enbridge's Q2 2025 earnings at $0.70 EPS.

ENB has been the topic of several other reports. Jefferies Financial Group increased their target price on shares of Enbridge from C$59.00 to C$65.00 in a report on Thursday, January 30th. BMO Capital Markets increased their price objective on shares of Enbridge from C$59.00 to C$60.00 in a research note on Wednesday, December 4th. CIBC boosted their price objective on shares of Enbridge from C$63.00 to C$66.00 and gave the stock an "outperform" rating in a research note on Thursday, January 9th. Morgan Stanley set a C$64.00 target price on Enbridge and gave the company an "equal weight" rating in a research report on Friday, October 25th. Finally, Raymond James boosted their price target on Enbridge from C$59.00 to C$63.00 in a research report on Tuesday, November 26th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of C$62.23.

Enbridge Stock Up 0.2 %

Shares of ENB traded up C$0.10 during midday trading on Wednesday, reaching C$63.51. 15,895,349 shares of the stock were exchanged, compared to its average volume of 8,203,243. The company has a current ratio of 0.76, a quick ratio of 0.44 and a debt-to-equity ratio of 131.26. The company's 50 day moving average is C$61.90 and its two-hundred day moving average is C$57.71. The company has a market capitalization of C$138.45 billion, a P/E ratio of 24.43, a PEG ratio of 1.72 and a beta of 0.90. Enbridge has a 52 week low of C$45.05 and a 52 week high of C$65.62.

Enbridge Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Saturday, March 1st will be given a $0.9425 dividend. This is a positive change from Enbridge's previous quarterly dividend of $0.92. This represents a $3.77 annualized dividend and a dividend yield of 5.94%. The ex-dividend date of this dividend is Friday, February 14th. Enbridge's dividend payout ratio (DPR) is presently 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 dated Monday, December 23rd. The stock was sold at an average price of C$59.94, for a total transaction of C$66,293.64. 0.10% of the stock is owned by company insiders.

About Enbridge

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.