Atb Cap Markets Has Pessimistic View of Enbridge Q2 Earnings

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Atb Cap Markets reduced their Q2 2025 earnings estimates for shares of Enbridge in a research note issued on Monday, February 17th. Atb Cap Markets analyst N. Heywood now anticipates that the pipeline company will earn $0.43 per share for the quarter, down from their prior forecast of $0.50. The consensus estimate for Enbridge’s current full-year earnings is $2.15 per share. Atb Cap Markets also issued estimates for Enbridge’s Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.57 EPS, Q1 2026 earnings at $0.72 EPS, Q2 2026 earnings at $0.49 EPS, Q3 2026 earnings at $0.42 EPS, Q4 2026 earnings at $0.59 EPS, FY2026 earnings at $2.22 EPS and FY2027 earnings at $2.28 EPS.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its quarterly earnings data on Friday, February 14th. The pipeline company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. Enbridge had a net margin of 10.04% and a return on equity of 10.15%. The company had revenue of $11.59 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the prior year, the company posted $0.64 EPS.

A number of other brokerages have also recently issued reports on ENB. Morgan Stanley started coverage on Enbridge in a report on Friday, October 25th. They set an “equal weight” rating for the company. Wells Fargo & Company upgraded Enbridge from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 6th. Royal Bank of Canada boosted their target price on Enbridge from $63.00 to $67.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, TD Securities started coverage on Enbridge in a report on Wednesday, January 15th. They set a “buy” rating for the company. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $67.00.

Enbridge Stock Down 1.0 %

Shares of NYSE:ENB opened at $42.31 on Wednesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.54 and a current ratio of 0.62. Enbridge has a 1 year low of $32.85 and a 1 year high of $45.78. The stock has a market capitalization of $92.20 billion, a P/E ratio of 24.60, a PEG ratio of 4.02 and a beta of 0.94. The stock has a 50-day simple moving average of $43.35 and a 200-day simple moving average of $41.84.

Hedge Funds Weigh In On Enbridge

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. McIlrath & Eck LLC boosted its stake in shares of Enbridge by 74.9% during the 3rd quarter. McIlrath & Eck LLC now owns 689 shares of the pipeline company’s stock valued at $28,000 after buying 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 approximately $29,000. Wintrust Investments LLC boosted its stake in shares of Enbridge by 47.8% during the 4th quarter. Wintrust Investments LLC now owns 736 shares of the pipeline company’s stock valued at $31,000 after buying an additional 238 shares during the last quarter. MFA Wealth Advisors LLC boosted its stake 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, GeoWealth Management LLC boosted its stake in shares of Enbridge by 436.4% during the 4th quarter. GeoWealth Management LLC now owns 751 shares of the pipeline company’s stock valued at $32,000 after buying an additional 611 shares during the last quarter. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Enbridge Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date of this dividend is Friday, February 14th. Enbridge’s dividend payout ratio is presently 155.81%.

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.