Enbridge Inc. (NYSE:ENB – Free Report) (TSE:ENB) – Research analysts at US Capital Advisors reduced their Q1 2025 earnings per share (EPS) estimates for shares of Enbridge in a report released on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $0.59 per share for the quarter, down from their previous estimate 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.
A number of other research firms also recently commented on ENB. Jefferies Financial Group downgraded shares of Enbridge from a “buy” rating to a “hold” rating in a report on Monday, September 30th. Wells Fargo & Company raised Enbridge from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, November 6th. Finally, Morgan Stanley began coverage on Enbridge in a report on Friday, October 25th. They issued an “equal weight” rating on the stock.
Enbridge Stock Performance
NYSE:ENB opened at $42.90 on Wednesday. The firm’s fifty day simple moving average is $41.52 and its 200-day simple moving average is $38.79. The company has a quick ratio of 0.54, a current ratio of 0.62 and a debt-to-equity ratio of 1.41. The stock has a market cap of $93.44 billion, a PE ratio of 19.86, a price-to-earnings-growth ratio of 4.18 and a beta of 0.93. Enbridge has a fifty-two week low of $32.85 and a fifty-two week high of $43.70.
Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last announced its quarterly earnings data 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. Enbridge had a return on equity of 9.94% and a net margin of 13.54%. The firm had revenue of $10.91 billion for the quarter, compared to analyst estimates of $4.54 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share.
Enbridge Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Stockholders of record on Friday, November 15th will be paid 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 of this dividend is Friday, November 15th. This is an increase from Enbridge’s previous quarterly dividend of $0.67. Enbridge’s payout ratio is 121.76%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Swiss National Bank raised its stake in shares of 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 raised its stake in shares of 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 raised its stake in shares of Enbridge by 66.5% during the 3rd quarter. Stonegate Investment Group LLC now owns 33,833 shares of the pipeline company’s stock worth $1,374,000 after buying an additional 13,515 shares during the last quarter. CIBC Asset Management Inc raised its stake in shares of Enbridge by 4.0% during the 3rd quarter. CIBC Asset Management Inc now owns 24,161,024 shares of the pipeline company’s stock worth $984,205,000 after buying an additional 936,863 shares during the last quarter. Finally, Lindbrook Capital LLC raised its stake in shares of Enbridge by 816.2% during the 3rd quarter. Lindbrook Capital LLC now owns 21,714 shares of the pipeline company’s stock worth $882,000 after buying an additional 19,344 shares during the last quarter. Institutional investors and hedge funds own 54.60% of the company’s stock.
Enbridge Company Profile
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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