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

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Equities researchers at Atb Cap Markets lowered their Q1 2026 earnings estimates for shares of Enbridge in a report issued on Tuesday, March 4th. Atb Cap Markets analyst N. Heywood now forecasts 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 brokerages also recently weighed in on ENB. BMO Capital Markets lifted their price objective on shares of Enbridge from C$59.00 to C$60.00 in a research report on Wednesday, December 4th. Raymond James lifted their price objective on shares of Enbridge from C$65.00 to C$67.00 in a research report on Tuesday, February 18th. Barclays lifted their price objective 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 target price on shares of Enbridge from C$57.00 to C$60.00 in a research note on Thursday, December 5th. Finally, Jefferies Financial Group raised their target price on shares of Enbridge from C$59.00 to C$65.00 in a research note on Thursday, January 30th. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Enbridge has a consensus rating of “Hold” and an average price target of C$63.31.

Enbridge Trading Up 1.4 %

Shares of TSE:ENB opened at C$60.38 on Friday. The company has a market cap of C$130.86 billion, a PE ratio of 19.63, a P/E/G ratio of 1.72 and a beta of 0.90. The company’s 50-day moving average price is C$62.35 and its 200 day moving average price is C$58.98. Enbridge has a fifty-two week low of C$45.39 and a fifty-two week high of C$65.62. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86.

Insider Transactions 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 disclosed a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Saturday, March 1st were paid a $0.9425 dividend. The ex-dividend date was Friday, February 14th. This represents a $3.77 annualized dividend and a dividend yield of 6.24%. This is a boost from Enbridge’s previous quarterly dividend of $0.92. Enbridge’s payout ratio is currently 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.