Enbridge Inc. (NYSE:ENB - Free Report) TSE: ENB - Equities research analysts at US Capital Advisors raised their Q1 2025 earnings per share estimates for Enbridge in a report released on Monday, March 24th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $0.64 per share for the quarter, up from their prior estimate of $0.62. The consensus estimate for Enbridge's current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge's Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.42 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $2.22 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.57 EPS, FY2026 earnings at $2.16 EPS and FY2027 earnings at $2.21 EPS.
A number of other research firms also recently weighed in on ENB. CIBC reiterated an "outperform" rating on shares of Enbridge in a research note on Wednesday, March 5th. TD Securities began coverage on shares of Enbridge in a research report on Wednesday, January 15th. They set a "buy" rating on the stock. Finally, Royal Bank of Canada upped their target price on shares of Enbridge from $63.00 to $67.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Enbridge has a consensus rating of "Moderate Buy" and a consensus target price of $67.00.
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Enbridge Stock Performance
Shares of NYSE:ENB traded up $0.07 on Tuesday, hitting $44.43. 2,281,331 shares of the company were exchanged, compared to its average volume of 4,410,981. The company's 50 day moving average price is $43.49 and its two-hundred day moving average price is $42.49. The firm has a market capitalization of $96.82 billion, a price-to-earnings ratio of 25.83, a PEG ratio of 3.92 and a beta of 0.95. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.55. Enbridge has a one year low of $32.86 and a one year high of $45.78.
Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last announced its earnings results on Friday, February 14th. The pipeline company reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. The firm had revenue of $11.59 billion during the quarter, compared to analysts' expectations of $4.78 billion. Enbridge had a return on equity of 10.16% and a net margin of 10.04%. During the same quarter in the prior year, the business earned $0.64 earnings per share.
Institutional Investors Weigh In On Enbridge
A number of hedge funds have recently modified their holdings of the business. Norges Bank acquired a new stake in Enbridge in the 4th quarter valued at approximately $909,415,000. Arrowstreet Capital Limited Partnership increased its stake in Enbridge by 396.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 12,047,004 shares of the pipeline company's stock valued at $510,816,000 after buying an additional 9,621,425 shares during the last quarter. Blackstone Inc. lifted its position in Enbridge by 650.7% during the 4th quarter. Blackstone Inc. now owns 5,718,089 shares of the pipeline company's stock worth $242,619,000 after buying an additional 4,956,379 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of Enbridge by 1,514.7% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 4,799,345 shares of the pipeline company's stock worth $194,938,000 after buying an additional 4,502,115 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of Enbridge by 13.9% in the 4th quarter. Deutsche Bank AG now owns 36,336,212 shares of the pipeline company's stock valued at $1,541,745,000 after acquiring an additional 4,426,684 shares in the last quarter. Institutional investors and hedge funds own 54.60% of the company's stock.
About Enbridge
(
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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.
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