What is Scotiabank’s Estimate for Enbridge FY2026 Earnings?

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Equities research analysts at Scotiabank raised their FY2026 earnings estimates for shares of Enbridge in a note issued to investors on Thursday, February 19th. Scotiabank analyst R. Hope now expects that the pipeline company will post earnings of $2.25 per share for the year, up from their previous forecast of $2.22. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its quarterly earnings data on Friday, February 13th. The pipeline company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.03. Enbridge had a net margin of 11.30% and a return on equity of 11.19%. The business had revenue of $17.18 billion for the quarter, compared to analyst estimates of $9.10 billion. During the same period in the prior year, the business posted $0.75 earnings per share.

ENB has been the topic of several other research reports. Weiss Ratings raised Enbridge from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Citigroup reiterated a “buy” rating on shares of Enbridge in a research report on Thursday. Raymond James Financial raised shares of Enbridge to a “moderate buy” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. downgraded shares of Enbridge from an “overweight” rating to a “neutral” rating in a research note on Tuesday, January 27th. Finally, TD Securities cut shares of Enbridge from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Enbridge currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.00.

Enbridge Stock Performance

ENB stock opened at $51.50 on Monday. Enbridge has a twelve month low of $39.73 and a twelve month high of $54.19. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 1.70. The company has a market cap of $112.35 billion, a P/E ratio of 22.39 and a beta of 0.69. The business’s fifty day moving average is $48.39 and its 200-day moving average is $48.19.

Enbridge Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Tuesday, February 17th will be given a $0.97 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.88 annualized dividend and a yield of 7.5%. This is an increase from Enbridge’s previous quarterly dividend of $0.94. Enbridge’s payout ratio is presently 120.87%.

Institutional Trading of Enbridge

Hedge funds and other institutional investors have recently modified their holdings of the company. Tsfg LLC grew its holdings in shares of Enbridge by 329.6% during the third quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock worth $25,000 after buying an additional 379 shares in the last quarter. Whipplewood Advisors LLC grew its stake in shares of Enbridge by 112.4% during the 2nd quarter. Whipplewood Advisors LLC now owns 582 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 308 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of Enbridge in the third quarter valued at approximately $26,000. Highline Wealth Partners LLC lifted its position in shares of Enbridge by 73.1% in the third quarter. Highline Wealth Partners LLC now owns 559 shares of the pipeline company’s stock worth $28,000 after purchasing an additional 236 shares in the last quarter. Finally, Turning Point Benefit Group Inc. bought a new stake in shares of Enbridge in the third quarter worth $28,000. Institutional investors and hedge funds own 54.60% of the company’s stock.

Key Stories Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Scotiabank raised its FY2027 EPS estimate for Enbridge (from $2.39 to $2.46) and keeps an Outperform rating, citing brighter prospects later in the fiscal year — a direct analyst upgrade that supports higher target valuations. Why Enbridge (NYSE:ENB) Scotiabank See Brighter Later Fiscal Year Prospects?
• Positive Sentiment: RBC analyst publicly said Enbridge’s stock price is expected to rise, reinforcing buy-side analyst momentum that can lift sentiment and demand. Enbridge (NYSE:ENB) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says
• Positive Sentiment: Coverage pieces highlight Enbridge’s steady take-or-pay cash flows, rising EBITDA and a 31‑year dividend increase streak; the stock is up ~23% over the past year on that stability — factors that attract income and utility-style investors. Enbridge Shares Up 22.9% in a Year: Should You Buy the Stock or Wait?
• Positive Sentiment: News roundups note Enbridge reported strong Q4 profit gains (beating EPS expectations and showing large revenue), supporting near-term fundamentals and dividend coverage. Stock news for investors: Mixed Q4 results with big profit gains for Enbridge, Nutrien, and Cenovus
• Positive Sentiment: Investor-oriented outlets list Enbridge as a long-term dividend holding, reinforcing buy-and-hold demand from income investors. 2 Dividend Stocks to Hold for the Next 5 Years
• Neutral Sentiment: General coverage flags Enbridge as a trending stock and summarizes key facts (dividend history, cash‑flow profile, leverage), useful context but not a fresh catalyst. Enbridge Inc (ENB) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Unusually large put-option volume was recorded (over 20,000 puts bought in a session, a >1,000% jump vs. average), indicating elevated hedging or bearish positioning that can add near-term selling pressure or volatility.

Enbridge Company Profile

Enbridge Inc is a Calgary, Alberta–based energy infrastructure company that develops, owns and operates a diversified portfolio of energy transportation, distribution and generation assets. Its core activities include the operation of crude oil and liquids pipelines, natural gas transmission and distribution systems, and energy storage facilities. In addition to midstream transportation and storage, Enbridge has expanded into renewable power generation and energy transition projects, including wind, solar and utility-scale generation assets.

The company serves customers primarily in Canada and the United States and has interests in other international energy projects.