US Capital Advisors Forecasts Stronger Earnings for Enbridge

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Investment analysts at US Capital Advisors increased their Q1 2025 earnings per share (EPS) estimates for Enbridge in a note issued to investors on Monday, February 3rd. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings per share of $0.62 for the quarter, up from their prior estimate of $0.59. The consensus estimate for Enbridge’s current full-year earnings is $1.97 per share. US Capital Advisors also issued estimates for Enbridge’s Q2 2025 earnings at $0.48 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.11 EPS and FY2026 earnings at $2.07 EPS.

A number of other equities analysts have also commented on the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $63.00 price objective (up from $59.00) on shares of Enbridge in a research note on Wednesday, December 4th. Wells Fargo & Company upgraded Enbridge from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 6th. Morgan Stanley started coverage on Enbridge in a research report on Friday, October 25th. They set an “equal weight” rating on the stock. Finally, TD Securities started coverage on Enbridge in a research report on Wednesday, January 15th. They set a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $63.00.

Enbridge Stock Performance

Shares of ENB stock opened at $44.23 on Thursday. The business’s 50-day moving average price is $43.15 and its 200-day moving average price is $41.34. Enbridge has a 12 month low of $32.85 and a 12 month high of $45.78. The firm has a market capitalization of $96.34 billion, a price-to-earnings ratio of 20.47, a PEG ratio of 4.02 and a beta of 0.94. The company has a current ratio of 0.62, a quick ratio of 0.54 and a debt-to-equity ratio of 1.41.

Enbridge Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th will be given a $0.67 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.68 annualized dividend and a yield of 6.06%. Enbridge’s dividend payout ratio is currently 121.76%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. McIlrath & Eck LLC boosted its position in Enbridge by 74.9% in the third quarter. McIlrath & Eck LLC now owns 689 shares of the pipeline company’s stock worth $28,000 after purchasing an additional 295 shares during the last quarter. Albion Financial Group UT purchased a new position in shares of Enbridge during the 4th quarter valued at $29,000. Grove Bank & Trust lifted its position in shares of Enbridge by 56.7% during the 3rd quarter. Grove Bank & Trust now owns 771 shares of the pipeline company’s stock valued at $31,000 after buying an additional 279 shares during the last quarter. MFA Wealth Advisors LLC lifted its position in shares of Enbridge by 55.6% during the 3rd quarter. MFA Wealth Advisors LLC now owns 784 shares of the pipeline company’s stock valued at $32,000 after buying an additional 280 shares during the last quarter. Finally, Fortitude Family Office LLC purchased a new position in shares of Enbridge during the 3rd quarter valued at $35,000. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Enbridge Company Profile

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.