US Capital Advisors Lowers Earnings Estimates for Enbridge

Enbridge Inc. (NYSE:ENB - Free Report) TSE: ENB - Research analysts at US Capital Advisors dropped their Q1 2025 earnings per share estimates for shares of Enbridge in a report issued on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $0.59 per share for the quarter, down from their previous estimate of $0.60. The consensus estimate for Enbridge's current full-year earnings is $2.06 per share. US Capital Advisors also issued estimates for Enbridge's Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.57 EPS, FY2025 earnings at $1.98 EPS and FY2026 earnings at $1.99 EPS.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last posted its quarterly earnings results on Friday, November 1st. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.15. The business had revenue of $10.91 billion during the quarter, compared to analysts' expectations of $4.54 billion. Enbridge had a net margin of 13.54% and a return on equity of 9.94%. During the same quarter last year, the company posted $0.46 earnings per share.

Several other research analysts have also recently issued reports on ENB. Wells Fargo & Company upgraded Enbridge from an "underweight" rating to an "equal weight" rating in a research note on Wednesday, November 6th. Jefferies Financial Group lowered shares of Enbridge from a "buy" rating to a "hold" rating in a research report on Monday, September 30th. Finally, Morgan Stanley initiated coverage on shares of Enbridge in a report on Friday, October 25th. They issued an "equal weight" rating on the stock.

Enbridge Stock Performance

ENB traded up $0.20 on Wednesday, reaching $42.90. 4,077,546 shares of the stock were exchanged, compared to its average volume of 4,862,082. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.62 and a quick ratio of 0.54. The company's 50-day moving average price is $41.52 and its 200 day moving average price is $38.79. The firm has a market capitalization of $93.44 billion, a PE ratio of 19.86, a PEG ratio of 4.18 and a beta of 0.93. Enbridge has a fifty-two week low of $32.85 and a fifty-two week high of $43.70.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Richardson Financial Services Inc. increased its holdings in shares of Enbridge by 28.4% during the 3rd quarter. Richardson Financial Services Inc. now owns 1,112 shares of the pipeline company's stock valued at $45,000 after purchasing an additional 246 shares in the last quarter. Associated Banc Corp grew its position in Enbridge by 3.6% during the third quarter. Associated Banc Corp now owns 7,091 shares of the pipeline company's stock valued at $288,000 after buying an additional 248 shares during the period. Hobbs Group Advisors LLC increased its holdings in Enbridge by 15.1% in the third quarter. Hobbs Group Advisors LLC now owns 1,897 shares of the pipeline company's stock valued at $77,000 after buying an additional 249 shares in the last quarter. Centaurus Financial Inc. boosted its stake in shares of Enbridge by 1.7% during the 3rd quarter. Centaurus Financial Inc. now owns 14,980 shares of the pipeline company's stock worth $608,000 after acquiring an additional 256 shares in the last quarter. Finally, First PREMIER Bank boosted its stake in shares of Enbridge by 1.7% during the 3rd quarter. First PREMIER Bank now owns 15,534 shares of the pipeline company's stock worth $631,000 after acquiring an additional 257 shares in the last quarter. 54.60% of the stock is currently owned by hedge funds and other institutional investors.

Enbridge Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, December 1st. Stockholders of record on Friday, November 15th will be paid a $0.676 dividend. This is an increase from Enbridge's previous quarterly dividend of $0.67. The ex-dividend date is Friday, November 15th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 6.30%. Enbridge's dividend payout ratio is presently 121.76%.

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.