National Bank Financial Predicts Enbridge FY2026 Earnings

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Equities research analysts at National Bank Financial issued their FY2026 EPS estimates for Enbridge in a research note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny forecasts that the pipeline company will post earnings of $2.28 per share for the year. The consensus estimate for Enbridge’s current full-year earnings is $2.03 per share. National Bank Financial also issued estimates for Enbridge’s FY2027 earnings at $2.34 EPS.

ENB has been the topic of several other research reports. Royal Bank of Canada reissued an “outperform” rating and issued a $63.00 price objective (up previously from $59.00) on shares of Enbridge in a report on Wednesday, December 4th. Jefferies Financial Group cut shares of Enbridge from a “buy” rating to a “hold” rating in a research note on Monday, September 30th. Wells Fargo & Company upgraded shares of Enbridge from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 6th. Finally, Morgan Stanley initiated coverage on Enbridge in a report on Friday, October 25th. They issued an “equal weight” rating on the stock. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $63.00.

Enbridge Stock Up 0.9 %

Shares of NYSE:ENB opened at $44.05 on Thursday. Enbridge has a 52-week low of $32.85 and a 52-week high of $44.13. The stock has a market cap of $95.95 billion, a P/E ratio of 20.39, a PEG ratio of 4.14 and a beta of 0.93. The business has a fifty day moving average of $42.45 and a two-hundred day moving average of $40.17. The company has a quick ratio of 0.54, a current ratio of 0.62 and a debt-to-equity ratio of 1.41.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its quarterly earnings results on Friday, November 1st. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, beating 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 business had revenue of $10.91 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same period in the prior year, the business earned $0.46 earnings per share.

Enbridge Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Saturday, February 15th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 6.08%. The ex-dividend date is Friday, February 14th. Enbridge’s dividend payout ratio (DPR) is presently 124.07%.

Institutional Investors Weigh In On Enbridge

Institutional investors and hedge funds have recently made changes to their positions in the stock. William B. Walkup & Associates Inc. purchased a new position in shares of Enbridge during the 2nd quarter worth approximately $28,000. McIlrath & Eck LLC lifted its stake in Enbridge by 74.9% during the third quarter. McIlrath & Eck LLC now owns 689 shares of the pipeline company’s stock worth $28,000 after purchasing an additional 295 shares in the last quarter. Grove Bank & Trust boosted its position in shares of Enbridge by 56.7% during the third quarter. Grove Bank & Trust now owns 771 shares of the pipeline company’s stock worth $31,000 after buying an additional 279 shares during the period. MFA Wealth Advisors LLC grew its stake in shares of Enbridge by 55.6% in the third quarter. MFA Wealth Advisors LLC now owns 784 shares of the pipeline company’s stock valued at $32,000 after buying an additional 280 shares in the last quarter. Finally, Fortitude Family Office LLC purchased a new stake in shares of Enbridge in the 3rd quarter valued at $35,000. 54.60% of the stock is owned by hedge funds and other institutional investors.

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.