Q1 EPS Estimates for Enbridge Boosted by US Capital Advisors

Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - Equities researchers at US Capital Advisors boosted their Q1 2025 earnings estimates for shares of Enbridge in a research note issued to investors 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.

A number of other equities research analysts also recently weighed in on the stock. Jefferies Financial Group raised their target price on shares of Enbridge from C$59.00 to C$65.00 in a research note on Thursday, January 30th. JPMorgan Chase & Co. increased their target price on Enbridge from C$66.00 to C$69.00 in a research note on Thursday, December 5th. CIBC lifted their price target on 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 price objective on Enbridge and gave the company an "equal weight" rating in a report on Friday, October 25th. Finally, Scotiabank upped their target price on Enbridge from C$57.00 to C$61.00 in a research note on Wednesday, December 4th. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of C$62.23.

Enbridge Price Performance

Shares of ENB stock traded up C$0.10 during trading hours on Wednesday, reaching C$63.51. The stock had a trading volume of 15,895,349 shares, compared to its average volume of 8,203,243. The stock's fifty day simple moving average is C$61.90 and its 200 day simple moving average is C$57.65. Enbridge has a 12 month low of C$45.05 and a 12 month high of C$65.62. The firm has a market capitalization of C$138.45 billion, a PE ratio of 24.43, a PEG ratio of 1.72 and a beta of 0.90. The company has a current ratio of 0.76, a quick ratio of 0.44 and a debt-to-equity ratio of 131.26.

Enbridge Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Saturday, March 1st will be paid a $0.9425 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $3.77 annualized dividend and a dividend yield of 5.94%. This is an increase from Enbridge's previous quarterly dividend of $0.92. Enbridge's dividend payout ratio is presently 140.77%.

Insider Activity at Enbridge

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. 0.10% of the stock is currently owned by 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.