What is Atb Cap Markets’ Forecast for Enbridge Q2 Earnings?

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Investment analysts at Atb Cap Markets reduced their Q2 2025 earnings estimates for Enbridge in a research report issued to clients and investors on Thursday, July 17th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings per share of $0.57 for the quarter, down from their prior estimate of $0.58. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. Atb Cap Markets also issued estimates for Enbridge’s FY2025 earnings at $2.89 EPS.

Several other equities analysts also recently commented on ENB. Echelon Wealth Partners boosted their target price on shares of Enbridge from C$67.00 to C$74.00 in a report on Wednesday, April 23rd. Citigroup set a C$75.00 target price on shares of Enbridge and gave the stock a “buy” rating in a report on Friday, April 4th. BMO Capital Markets boosted their target price on shares of Enbridge from C$60.00 to C$63.00 in a report on Monday, May 12th. Finally, Raymond James Financial upgraded shares of Enbridge to a “moderate buy” rating in a research report on Wednesday, April 23rd. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$66.00.

Enbridge Price Performance

Shares of TSE:ENB opened at C$61.88 on Monday. 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 has a 1-year low of C$49.58 and a 1-year high of C$65.62. The company has a market capitalization of C$134.11 billion, a P/E ratio of 20.12, a P/E/G ratio of 1.72 and a beta of 0.90. The firm’s 50 day simple moving average is C$62.33 and its two-hundred day simple moving average is C$62.44.

Insider Transactions at Enbridge

In other Enbridge news, Senior Officer Maximilian Chan sold 801 shares of Enbridge stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of C$63.17, for a total transaction of C$50,599.17. 0.10% of the stock is currently owned by company insiders.

Enbridge Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, June 1st. Shareholders of record on Sunday, June 1st were paid a dividend of $0.9425 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.77 annualized dividend and a yield of 6.09%. Enbridge’s dividend payout ratio (DPR) is presently 118.98%.

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.