Enbridge Inc. (NYSE:ENB – Free Report) (TSE:ENB) – Research analysts at US Capital Advisors decreased their Q1 2025 earnings per share (EPS) estimates for shares of Enbridge in a note issued to investors on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $0.59 per share for the quarter, down from their previous forecast of $0.60. The consensus estimate for Enbridge’s current full-year earnings is $2.06 per share. US Capital Advisors also issued estimates for Enbridge’s Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.57 EPS, FY2025 earnings at $1.98 EPS and FY2026 earnings at $1.99 EPS.
Several other equities analysts have also issued reports on the company. Morgan Stanley began coverage on Enbridge in a research note on Friday, October 25th. They set an “equal weight” rating on the stock. Jefferies Financial Group lowered Enbridge from a “buy” rating to a “hold” rating in a research report on Monday, September 30th. Finally, Wells Fargo & Company raised Enbridge from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, November 6th.
Enbridge Price Performance
ENB opened at $42.90 on Wednesday. The stock’s 50-day moving average price is $41.52 and its 200 day moving average price is $38.79. Enbridge has a 12-month low of $32.85 and a 12-month high of $43.70. The company has a current ratio of 0.62, a quick ratio of 0.54 and a debt-to-equity ratio of 1.41. The firm has a market cap of $93.44 billion, a price-to-earnings ratio of 19.86, a PEG ratio of 4.18 and a beta of 0.93.
Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last released its quarterly earnings results on Friday, November 1st. The pipeline company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.15. The business had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $4.54 billion. Enbridge had a return on equity of 9.94% and a net margin of 13.54%. During the same period in the prior year, the business posted $0.46 EPS.
Enbridge Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Sunday, December 1st. Stockholders of record on Friday, November 15th will be given a dividend of $0.676 per share. This represents a $2.70 annualized dividend and a dividend yield of 6.30%. The ex-dividend date is Friday, November 15th. This is a positive change from Enbridge’s previous quarterly dividend of $0.67. Enbridge’s dividend payout ratio (DPR) is 121.76%.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Swiss National Bank grew its stake in Enbridge by 3.2% during the 3rd quarter. Swiss National Bank now owns 6,585,231 shares of the pipeline company’s stock worth $267,935,000 after buying an additional 207,200 shares during the last quarter. Pinnacle Financial Partners Inc grew its stake in Enbridge by 8.8% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 188,244 shares of the pipeline company’s stock worth $7,650,000 after buying an additional 15,207 shares during the last quarter. Stonegate Investment Group LLC grew its stake in shares of Enbridge by 66.5% in the 3rd quarter. Stonegate Investment Group LLC now owns 33,833 shares of the pipeline company’s stock valued at $1,374,000 after purchasing an additional 13,515 shares during the last quarter. CIBC Asset Management Inc grew its stake in shares of Enbridge by 4.0% in the 3rd quarter. CIBC Asset Management Inc now owns 24,161,024 shares of the pipeline company’s stock valued at $984,205,000 after purchasing an additional 936,863 shares during the last quarter. Finally, Lindbrook Capital LLC increased its holdings in shares of Enbridge by 816.2% in the third quarter. Lindbrook Capital LLC now owns 21,714 shares of the pipeline company’s stock valued at $882,000 after purchasing an additional 19,344 shares during the period. Hedge funds and other 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.
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