Atb Cap Markets Comments on Enbridge’s Q1 Earnings (TSE:ENB)

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Analysts at Atb Cap Markets cut their Q1 2026 EPS estimates for Enbridge in a note issued to investors on Tuesday, March 4th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $1.01 for the quarter, down from their previous forecast of $1.03. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share.

Several other research firms also recently weighed in on ENB. Barclays lifted their target price on shares of Enbridge from C$59.00 to C$64.00 in a research report on Monday, January 6th. Wells Fargo & Company raised their price target on shares of Enbridge from C$57.00 to C$60.00 in a report on Thursday, December 5th. Scotiabank raised their price target on shares of Enbridge from C$61.00 to C$65.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. Jefferies Financial Group raised their price target on shares of Enbridge from C$59.00 to C$65.00 in a report on Thursday, January 30th. Finally, TD Securities raised their price target on shares of Enbridge from C$66.00 to C$67.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Enbridge has an average rating of “Hold” and a consensus target price of C$63.31.

Enbridge Stock Performance

Enbridge stock opened at C$60.38 on Friday. The firm’s 50 day simple moving average is C$62.35 and its 200-day simple moving average is C$58.98. The company has a market cap of C$130.86 billion, a P/E ratio of 19.63, a price-to-earnings-growth 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 has a fifty-two week low of C$45.39 and a fifty-two week high of C$65.62.

Insider Buying and Selling at Enbridge

In other news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of Enbridge 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. Corporate insiders own 0.10% of the company’s stock.

Enbridge Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Saturday, March 1st were paid a $0.9425 dividend. The ex-dividend date was Friday, February 14th. This is a boost from Enbridge’s previous quarterly dividend of $0.92. This represents a $3.77 dividend on an annualized basis and a yield of 6.24%. Enbridge’s payout ratio is 118.98%.

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.