Enbridge Inc. (NYSE:ENB – Free Report) (TSE:ENB) – US Capital Advisors boosted their Q1 2026 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 anticipates that the pipeline company will post earnings per share of $0.69 for the quarter, up from their previous estimate of $0.67. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge’s FY2026 earnings at $2.23 EPS.
Other equities analysts have also recently issued research reports about the stock. CIBC reiterated an “outperform” rating on shares of Enbridge in a research report on Wednesday, March 5th. Citigroup initiated coverage on shares of Enbridge in a research report on Friday, April 4th. They issued a “buy” rating on the stock. National Bankshares reiterated a “sector perform” rating on shares of Enbridge in a research report on Monday, May 12th. Raymond James upgraded shares of Enbridge to a “moderate buy” rating in a research report on Wednesday, April 23rd. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Enbridge in a report on Monday, May 12th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Enbridge presently has a consensus rating of “Hold” and a consensus price target of $67.00.
Enbridge Price Performance
Shares of NYSE:ENB opened at $45.62 on Wednesday. The stock has a market cap of $99.44 billion, a PE ratio of 26.52, a PEG ratio of 3.92 and a beta of 0.84. The company’s fifty day moving average is $44.65 and its 200 day moving average is $43.53. Enbridge has a 52 week low of $34.60 and a 52 week high of $47.08. The company has a quick ratio of 0.54, a current ratio of 0.55 and a debt-to-equity ratio of 1.50.
Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last posted its quarterly earnings data on Friday, May 9th. The pipeline company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.04. The firm had revenue of $7.27 billion for the quarter, compared to analysts’ expectations of $10.20 billion. Enbridge had a net margin of 10.04% and a return on equity of 10.16%. During the same quarter last year, the company posted $0.92 EPS.
Institutional Investors Weigh In On Enbridge
A number of large investors have recently added to or reduced their stakes in ENB. Metis Global Partners LLC increased its position in shares of Enbridge by 4.0% during the fourth quarter. Metis Global Partners LLC now owns 206,921 shares of the pipeline company’s stock valued at $8,782,000 after buying an additional 7,986 shares during the period. Aviso Financial Inc. increased its position in shares of Enbridge by 4.3% during the fourth quarter. Aviso Financial Inc. now owns 1,417,584 shares of the pipeline company’s stock valued at $60,152,000 after buying an additional 58,176 shares during the period. Vanguard Group Inc. increased its position in shares of Enbridge by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 91,617,146 shares of the pipeline company’s stock valued at $3,888,507,000 after buying an additional 3,611,421 shares during the period. Sound Income Strategies LLC increased its position in shares of Enbridge by 8.6% during the fourth quarter. Sound Income Strategies LLC now owns 631,820 shares of the pipeline company’s stock valued at $26,808,000 after buying an additional 49,800 shares during the period. Finally, Greenland Capital Management LP increased its position in shares of Enbridge by 189.1% during the fourth quarter. Greenland Capital Management LP now owns 35,410 shares of the pipeline company’s stock valued at $1,502,000 after buying an additional 23,160 shares during the period. Institutional investors own 54.60% of the company’s stock.
Enbridge Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Thursday, May 15th will be issued a $0.679 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date of this dividend is Thursday, May 15th. This is a positive change from Enbridge’s previous quarterly dividend of $0.67. Enbridge’s dividend payout ratio (DPR) is 139.69%.
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.
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