Enbridge Inc. (NYSE:ENB – Free Report) (TSE:ENB) – Investment analysts at US Capital Advisors reduced their Q1 2025 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 prior 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.
Other research analysts have also recently issued reports about the stock. Jefferies Financial Group cut shares of Enbridge from a “buy” rating to a “hold” rating in a report on Monday, September 30th. Wells Fargo & Company upgraded 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 research report on Friday, October 25th. They set an “equal weight” rating for the company.
Enbridge Trading Down 0.6 %
ENB stock opened at $42.71 on Wednesday. Enbridge has a 52 week low of $32.85 and a 52 week high of $43.70. The company has a market capitalization of $93.02 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 4.18 and a beta of 0.93. The company’s 50-day simple moving average is $41.47 and its 200 day simple moving average is $38.76. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.54 and a current ratio of 0.62.
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 the consensus estimate 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 last year, the firm posted $0.46 EPS.
Enbridge Increases Dividend
The business 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 dividend on an annualized basis and a dividend yield of 6.33%. This is an increase from Enbridge’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Friday, November 15th. Enbridge’s dividend payout ratio is presently 121.76%.
Institutional Trading of Enbridge
A number of institutional investors have recently modified their holdings of ENB. McIlrath & Eck LLC lifted its position in shares of Enbridge by 74.9% during the 3rd quarter. McIlrath & Eck LLC now owns 689 shares of the pipeline company’s stock worth $28,000 after buying an additional 295 shares during the last quarter. Grove Bank & Trust lifted its position in shares of Enbridge by 56.7% during the 3rd 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 last quarter. MFA Wealth Advisors LLC lifted its position in shares of Enbridge by 55.6% during the 3rd quarter. MFA Wealth Advisors LLC now owns 784 shares of the pipeline company’s stock worth $32,000 after buying an additional 280 shares during the last quarter. TruNorth Capital Management LLC bought a new stake in shares of Enbridge during the 2nd quarter worth $28,000. Finally, William B. Walkup & Associates Inc. bought a new stake in shares of Enbridge during the 2nd quarter worth $28,000. 54.60% of the stock is currently owned by 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.
Further Reading
- Five stocks we like better than Enbridge
- How to Choose Top Rated Stocks
- Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Why Warren Buffett Is Selling: A Look at His Latest Market Moves
- Stock Market Sectors: What Are They and How Many Are There?
- Why Amazon Shares May Never Trade Below $200 Again
Receive News & Ratings for Enbridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enbridge and related companies with MarketBeat.com's FREE daily email newsletter.