Atb Cap Markets Has Pessimistic View of Enbridge Q2 Earnings

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Equities researchers at Atb Cap Markets reduced their Q2 2025 EPS estimates for shares of Enbridge in a research report issued on Sunday, May 11th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $0.58 for the quarter, down from their prior forecast of $0.62. 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 $0.51 EPS, Q4 2025 earnings at $0.79 EPS, Q2 2026 earnings at $0.71 EPS, Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.87 EPS and FY2027 earnings at $3.43 EPS.

Several other analysts have also weighed in on ENB. BMO Capital Markets increased their price target on Enbridge from C$60.00 to C$63.00 in a report on Monday. Scotiabank upped their target price on shares of Enbridge from C$61.00 to C$65.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. Echelon Wealth Partners lifted their price objective on Enbridge from C$67.00 to C$74.00 in a report on Wednesday, April 23rd. TD Securities upped their price target on shares of Enbridge from C$66.00 to C$67.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. Finally, Jefferies Financial Group lifted their target price on Enbridge from C$59.00 to C$65.00 in a research note on Thursday, January 30th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$66.00.

Enbridge Stock Up 1.0%

Shares of TSE ENB opened at C$62.75 on Tuesday. The firm’s 50-day moving average price is C$62.53 and its 200-day moving average price is C$61.47. 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 has a 12-month low of C$47.41 and a 12-month high of C$65.62. The stock has a market capitalization of C$135.99 billion, a price-to-earnings ratio of 20.40, a P/E/G ratio of 1.72 and a beta of 0.90.

Enbridge Dividend Announcement

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

Insider Transactions at Enbridge

In other news, Senior Officer Matthew Allan Akman acquired 1,000 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were bought at an average cost of C$61.24 per share, for a total transaction of C$61,240.00. Also, Senior Officer Michele Eva Harradence acquired 5,857 shares of the business’s stock in a transaction on Wednesday, March 19th. The shares were purchased at an average price of C$62.53 per share, with a total value of C$366,238.21. Company insiders own 0.10% of the company’s stock.

About Enbridge

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.