US Capital Advisors Cuts Earnings Estimates for Enbridge

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Stock analysts at US Capital Advisors cut their Q2 2025 earnings per share (EPS) estimates for shares of Enbridge in a research report issued to clients and investors on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now forecasts that the company will earn $0.60 per share for the quarter, down from their previous forecast of $0.72. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. US Capital Advisors also issued estimates for Enbridge’s Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.80 EPS, FY2026 earnings at $3.10 EPS and FY2027 earnings at $3.17 EPS.

Several other equities research analysts have also recently weighed in on the company. TD Securities increased their target price on Enbridge from C$66.00 to C$67.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Jefferies Financial Group increased their price objective on Enbridge from C$59.00 to C$65.00 in a report on Thursday, January 30th. CIBC increased their price objective on Enbridge from C$66.00 to C$67.00 in a report on Wednesday, March 5th. Citigroup set a C$75.00 price objective on Enbridge and gave the stock a “buy” rating in a report on Friday, April 4th. Finally, Raymond James upgraded Enbridge to a “moderate buy” rating in a report on Wednesday, April 23rd. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Enbridge has an average rating of “Moderate Buy” and an average price target of C$66.00.

Enbridge Trading Down 0.5%

Shares of ENB stock opened at C$63.20 on Wednesday. The stock has a market capitalization of C$136.97 billion, a PE ratio of 20.54, a P/E/G ratio of 1.72 and a beta of 0.90. Enbridge has a 1-year low of C$47.41 and a 1-year high of C$65.62. The business has a 50-day moving average of C$62.69 and a 200 day moving average of C$61.69. The company has a debt-to-equity ratio of 144.86, a current ratio of 0.62 and a quick ratio of 0.44.

Enbridge Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Sunday, June 1st will be paid a $0.9425 dividend. This represents a $3.77 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date of this dividend is Thursday, May 15th. Enbridge’s payout ratio is presently 118.98%.

Insider Activity

In other news, Senior Officer Michele Eva Harradence bought 5,857 shares of the stock in a transaction dated Wednesday, March 19th. The stock was bought at an average price of C$62.53 per share, for a total transaction of C$366,238.21. Also, Senior Officer Matthew Allan Akman acquired 1,000 shares of Enbridge stock in a transaction that occurred on Friday, March 14th. The shares were bought at an average cost of C$61.24 per share, with a total value of C$61,240.00. 0.10% of the stock is currently owned by company insiders.

About Enbridge

Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada’s largest natural gas distribution company.