US Capital Advisors Raises Earnings Estimates for Enbridge

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Equities research analysts at US Capital Advisors lifted their Q1 2025 earnings per share estimates for Enbridge in a research note issued to investors on Monday, March 24th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings of $0.64 per share for the quarter, up from their previous estimate of $0.62. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge’s Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.42 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $2.22 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.57 EPS, FY2026 earnings at $2.16 EPS and FY2027 earnings at $2.21 EPS.

Several other analysts have also recently weighed in on the company. CIBC reaffirmed an “outperform” rating on shares of Enbridge in a research report on Wednesday, March 5th. Royal Bank of Canada lifted their price target on Enbridge from $63.00 to $67.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. Finally, TD Securities began coverage on Enbridge in a report on Wednesday, January 15th. They issued a “buy” rating for the company. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.00.

Enbridge Trading Up 0.4 %

Shares of ENB opened at $44.44 on Tuesday. Enbridge has a 1-year low of $32.86 and a 1-year high of $45.78. The company has a current ratio of 0.55, a quick ratio of 0.54 and a debt-to-equity ratio of 1.50. The firm’s 50-day moving average price is $43.48 and its 200-day moving average price is $42.42. The firm has a market capitalization of $96.84 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 3.92 and a beta of 0.95.

Enbridge (NYSE:ENB) (TSE:ENB) last released its quarterly earnings results on Friday, February 14th. The pipeline company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.23. Enbridge had a net margin of 10.04% and a return on equity of 10.16%. The business had revenue of $11.59 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the previous year, the business posted $0.64 earnings per share.

Hedge Funds Weigh In On Enbridge

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Thrivent Financial for Lutherans raised its stake in Enbridge by 23.4% during the third quarter. Thrivent Financial for Lutherans now owns 46,685 shares of the pipeline company’s stock valued at $1,895,000 after buying an additional 8,848 shares during the last quarter. Great Valley Advisor Group Inc. raised its position in shares of Enbridge by 19.6% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 20,161 shares of the pipeline company’s stock worth $818,000 after purchasing an additional 3,311 shares during the last quarter. Cerity Partners LLC boosted its stake in Enbridge by 6.8% in the 3rd quarter. Cerity Partners LLC now owns 190,814 shares of the pipeline company’s stock worth $7,749,000 after purchasing an additional 12,154 shares in the last quarter. Kingsview Wealth Management LLC grew its position in Enbridge by 76.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 82,130 shares of the pipeline company’s stock valued at $3,335,000 after purchasing an additional 35,711 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in Enbridge by 57.9% during the 3rd quarter. Larson Financial Group LLC now owns 5,357 shares of the pipeline company’s stock valued at $218,000 after purchasing an additional 1,965 shares in the last quarter. Institutional investors own 54.60% of the company’s stock.

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.