Enbridge FY2025 EPS Cut by National Bank Financial

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Stock analysts at National Bank Financial cut their FY2025 earnings per share estimates for shares of Enbridge in a research report issued to clients and investors on Monday, February 17th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $3.05 per share for the year, down from their prior estimate of $3.10. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. National Bank Financial also issued estimates for Enbridge’s FY2026 earnings at $3.18 EPS.

Other research analysts have also issued reports about the company. CIBC upped their price target on Enbridge from C$63.00 to C$66.00 and gave the company an “outperform” rating in a research report on Thursday, January 9th. 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. Royal Bank of Canada upped their price target on Enbridge from C$63.00 to C$67.00 in a research note on Tuesday. BMO Capital Markets upped their price target on Enbridge from C$59.00 to C$60.00 in a research note on Wednesday, December 4th. Finally, Scotiabank boosted their price objective on Enbridge from C$61.00 to C$65.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Seven research 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, the company currently has an average rating of “Hold” and a consensus price target of C$63.23.

Enbridge Stock Down 1.2 %

Shares of Enbridge stock opened at C$59.46 on Thursday. The stock’s fifty day moving average is C$62.19 and its 200-day moving average is C$58.38. The firm has a market capitalization of C$128.86 billion, a PE ratio of 19.33, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86. Enbridge has a 12-month low of C$45.39 and a 12-month high of C$65.62.

Enbridge Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Saturday, March 1st will be issued a $0.9425 dividend. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Enbridge’s previous quarterly dividend of $0.92. This represents a $3.77 dividend on an annualized basis and a dividend yield of 6.34%. Enbridge’s dividend payout ratio is presently 118.98%.

Insider Transactions at Enbridge

In related news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of C$59.94, for a total transaction of C$66,293.64. 0.10% of the stock is currently owned by insiders.

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.