Enbridge FY2025 EPS Forecast Decreased by Atb Cap Markets

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Equities research analysts at Atb Cap Markets cut their FY2025 EPS estimates for Enbridge in a research report issued to clients and investors on Thursday, December 12th. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings of $3.05 per share for the year, down from their prior estimate of $3.06. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. Atb Cap Markets also issued estimates for Enbridge’s FY2026 earnings at $3.21 EPS.

ENB has been the topic of several other reports. Barclays raised their target price on shares of Enbridge from C$54.00 to C$59.00 in a report on Monday, November 11th. Wells Fargo & Company increased their price target on shares of Enbridge from C$57.00 to C$60.00 in a research report on Thursday, December 5th. National Bankshares raised their target price on Enbridge from C$53.00 to C$57.00 and gave the company a “sector perform” rating in a report on Friday, August 23rd. JPMorgan Chase & Co. boosted their target price on Enbridge from C$66.00 to C$69.00 in a research note on Thursday, December 5th. Finally, Scotiabank lifted their price target on shares of Enbridge from C$57.00 to C$61.00 in a report on Wednesday, December 4th. Eight research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of C$60.31.

Enbridge Price Performance

TSE:ENB opened at C$59.69 on Monday. Enbridge has a 52 week low of C$45.05 and a 52 week high of C$61.99. The company has a debt-to-equity ratio of 131.26, a quick ratio of 0.44 and a current ratio of 0.76. The firm’s 50-day simple moving average is C$58.48 and its 200 day simple moving average is C$53.97. The firm has a market cap of C$130.12 billion, a price-to-earnings ratio of 22.96, a P/E/G ratio of 1.72 and a beta of 0.90.

Insider Buying and Selling at Enbridge

In other news, Senior Officer Maximilian Chan sold 688 shares of Enbridge stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of C$55.20, for a total value of C$37,977.60. Insiders own 0.10% of the company’s stock.

Enbridge Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 14th will be given a dividend of $0.9425 per share. This represents a $3.77 dividend on an annualized basis and a dividend yield of 6.32%. This is an increase from Enbridge’s previous quarterly dividend of $0.92. Enbridge’s dividend payout ratio (DPR) is 140.77%.

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.