Atb Cap Markets Has Pessimistic View of Enbridge Q2 Earnings

Enbridge Inc. (TSE:ENB - Free Report) NYSE: ENB - Atb Cap Markets lowered their Q2 2025 earnings estimates for shares of Enbridge in a note issued to investors on Sunday, November 3rd. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $0.69 for the quarter, down from their previous estimate of $0.72. The consensus estimate for Enbridge's current full-year earnings is $3.51 per share. Atb Cap Markets also issued estimates for Enbridge's Q3 2025 earnings at $0.62 EPS.

ENB has been the subject of several other research reports. BMO Capital Markets boosted their target price on Enbridge from C$54.00 to C$56.00 in a research note on Thursday, September 5th. Royal Bank of Canada upped their price objective on Enbridge from C$55.00 to C$59.00 and gave the company an "outperform" rating in a research note on Thursday, October 3rd. Jefferies Financial Group downgraded shares of Enbridge from a "buy" rating to a "hold" rating and increased their target price for the company from C$55.00 to C$58.00 in a research report on Monday, September 30th. Raymond James increased their target price on shares of Enbridge from C$54.00 to C$59.00 in a research report on Tuesday, October 22nd. Finally, CIBC increased their price target on Enbridge from C$59.00 to C$67.00 in a report on Monday. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of C$56.92.

Enbridge Price Performance

ENB traded up C$0.04 on Tuesday, hitting C$56.80. 8,664,914 shares of the stock were exchanged, compared to its average volume of 8,046,307. Enbridge has a 12 month low of C$45.05 and a 12 month high of C$58.28. The business has a 50-day moving average of C$55.62 and a two-hundred day moving average of C$52.00. The company has a debt-to-equity ratio of 131.26, a current ratio of 0.76 and a quick ratio of 0.44. The firm has a market capitalization of C$123.82 billion, a price-to-earnings ratio of 21.85, a PEG ratio of 1.72 and a beta of 0.90.

Enbridge (TSE:ENB - Get Free Report) NYSE: ENB last released its quarterly earnings data on Friday, August 2nd. The company reported C$0.58 EPS for the quarter, missing the consensus estimate of C$0.62 by C($0.04). The company had revenue of C$11.34 billion during the quarter, compared to analyst estimates of C$5.86 billion. Enbridge had a net margin of 13.54% and a return on equity of 8.57%.

Enbridge Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Investors of record on Sunday, December 1st will be given a dividend of $0.915 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $3.66 annualized dividend and a dividend yield of 6.44%. Enbridge's dividend payout ratio is presently 140.77%.

Insider Buying and Selling

In related news, Senior Officer Maximilian Chan sold 688 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of C$55.20, for a total value of C$37,977.60. In other Enbridge news, Senior Officer Maximilian Chan sold 688 shares of the company's stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of C$55.20, for a total value of C$37,977.60. Also, Director Steven Walter Williams acquired 18,600 shares of the business's stock in a transaction on Tuesday, August 13th. The stock was acquired at an average price of C$53.74 per share, for a total transaction of C$999,564.00. 0.10% of the stock is 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.