Atb Cap Markets Brokers Cut Earnings Estimates for Enbridge

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Research analysts at Atb Cap Markets cut their FY2025 earnings per share (EPS) estimates for shares of Enbridge in a report released on Sunday, May 11th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $2.91 per share for the year, down from their previous estimate of $3.04. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. Atb Cap Markets also issued estimates for Enbridge’s Q1 2026 earnings at $1.03 EPS and FY2026 earnings at $3.23 EPS.

ENB has been the topic of several other reports. Citigroup set a C$75.00 price target on shares of Enbridge and gave the stock a “buy” rating in a research note on Friday, April 4th. Raymond James raised shares of Enbridge to a “moderate buy” rating in a research note on Wednesday, April 23rd. Scotiabank raised their price objective on Enbridge from C$61.00 to C$65.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. CIBC boosted their target price on Enbridge from C$66.00 to C$67.00 in a research note on Wednesday, March 5th. Finally, Echelon Wealth Partners raised their price target on Enbridge from C$67.00 to C$74.00 in a research report on Wednesday, April 23rd. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Enbridge has an average rating of “Moderate Buy” and a consensus price target of C$66.00.

Enbridge Stock Performance

Shares of TSE ENB opened at C$62.71 on Wednesday. The stock’s 50-day moving average is C$62.55 and its 200 day moving average is C$61.51. The stock has a market cap of C$135.91 billion, a price-to-earnings ratio of 20.39, a P/E/G ratio of 1.72 and a beta of 0.90. Enbridge has a 1-year low of C$47.41 and a 1-year high of C$65.62. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 144.86.

Enbridge Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Investors of record on Sunday, June 1st will be paid a $0.9425 dividend. This represents a $3.77 dividend on an annualized basis and a yield of 6.01%. The ex-dividend date of this dividend is Thursday, May 15th. Enbridge’s payout ratio is currently 118.98%.

Insiders Place Their Bets

In other news, Senior Officer Matthew Allan Akman bought 1,000 shares of the firm’s stock in a transaction dated Friday, March 14th. The stock was purchased at an average price of C$61.24 per share, with a total value of C$61,240.00. Also, Senior Officer Michele Eva Harradence bought 5,857 shares of the stock in a transaction dated Wednesday, March 19th. The stock was purchased at an average price of C$62.53 per share, with a total value of C$366,238.21. 0.10% of the stock is currently owned by company insiders.

Enbridge Company Profile

Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada’s largest natural gas distribution company.