Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - Investment analysts at Atb Cap Markets lifted their Q1 2025 earnings per share (EPS) estimates for shares of Enbridge in a report issued on Monday, February 17th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $1.00 per share for the quarter, up from their prior forecast of $0.93. The consensus estimate for Enbridge's current full-year earnings is $3.51 per share.
Several other equities analysts also recently commented on the company. Morgan Stanley set a C$64.00 price target on Enbridge and gave the company an "equal weight" rating in a report on Friday, October 25th. Scotiabank increased their price target 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. Barclays increased their price target on Enbridge from C$59.00 to C$64.00 in a report on Monday, January 6th. Royal Bank of Canada increased their price target on Enbridge from C$63.00 to C$67.00 in a report on Tuesday. Finally, Jefferies Financial Group increased their price target on Enbridge from C$59.00 to C$65.00 in a report on Thursday, January 30th. Seven analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of C$63.23.
View Our Latest Stock Analysis on ENB
Enbridge Stock Down 0.0 %
TSE:ENB traded down C$0.01 during mid-day trading on Thursday, reaching C$59.45. The stock had a trading volume of 10,803,839 shares, compared to its average volume of 10,191,566. The business's 50 day moving average is C$62.19 and its 200 day moving average is C$58.38. Enbridge has a fifty-two week low of C$45.39 and a fifty-two week high of C$65.62. The stock has a market cap of C$128.84 billion, a P/E ratio of 19.33, a PEG ratio of 1.72 and a beta of 0.90. The company has a debt-to-equity ratio of 144.86, a current ratio of 0.62 and a quick ratio of 0.44.
Enbridge Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Saturday, March 1st will be given a $0.9425 dividend. This represents a $3.77 annualized dividend and a dividend yield of 6.34%. This is a boost from Enbridge's previous quarterly dividend of $0.92. The ex-dividend date is Friday, February 14th. Enbridge's dividend payout ratio is currently 118.98%.
Insider Activity
In related news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of the firm's stock in a transaction on Monday, December 23rd. The stock was 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.
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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