US Capital Advisors Lifts Earnings Estimates for Enbridge

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Equities researchers at US Capital Advisors lifted their Q1 2026 earnings estimates for Enbridge in a research report issued to clients and investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $0.72 per share for the quarter, up from their previous forecast of $0.71. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge’s Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.64 EPS, Q1 2027 earnings at $0.75 EPS, Q2 2027 earnings at $0.45 EPS, Q3 2027 earnings at $0.43 EPS, Q4 2027 earnings at $0.68 EPS and FY2027 earnings at $2.30 EPS.

Several other brokerages have also commented on ENB. Raymond James Financial upgraded Enbridge to a “moderate buy” rating in a research report on Tuesday, February 17th. Scotiabank reiterated an “outperform” rating on shares of Enbridge in a report on Tuesday, February 17th. Weiss Ratings raised Enbridge from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. cut Enbridge from an “overweight” rating to a “neutral” rating in a report on Tuesday, January 27th. Finally, Zacks Research raised shares of Enbridge from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Enbridge presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.00.

Enbridge Stock Performance

Shares of Enbridge stock opened at $54.40 on Tuesday. The business has a 50-day moving average price of $51.35 and a two-hundred day moving average price of $49.10. Enbridge has a 1-year low of $39.73 and a 1-year high of $55.11. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 1.70. The company has a market cap of $118.68 billion, a P/E ratio of 23.65 and a beta of 0.67.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Brighton Jones LLC acquired a new stake in shares of Enbridge in the 4th quarter worth about $261,000. AQR Capital Management LLC boosted its stake in Enbridge by 68.5% during the 1st quarter. AQR Capital Management LLC now owns 28,533 shares of the pipeline company’s stock valued at $1,264,000 after purchasing an additional 11,599 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Enbridge during the 2nd quarter worth approximately $481,000. MAI Capital Management raised its stake in shares of Enbridge by 43.9% in the second quarter. MAI Capital Management now owns 28,718 shares of the pipeline company’s stock worth $1,302,000 after purchasing an additional 8,763 shares during the last quarter. Finally, Journey Strategic Wealth LLC purchased a new stake in shares of Enbridge in the second quarter worth approximately $207,000. Institutional investors and hedge funds own 54.60% of the company’s stock.

Key Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Jim Cramer highlighted Enbridge as an income-growth name to buy, emphasizing its gas pipelines and dividend as the core investment case. Jim Cramer Says “You Don’t Buy Enbridge for Its LNG Exposure, You Buy It for the Gas Pipelines and the Bountiful Dividend”
• Positive Sentiment: Analyst upgrades from US Capital Advisors lifted FY2027 EPS to $2.30 (from $2.19) and raised several quarterly forecasts — a net upward revision to near-term earnings expectations that supports valuation and dividend coverage.
• Positive Sentiment: Enbridge executives at CERAWeek signaled growth in Gulf Coast re‑exports of Canadian heavy crude as pipeline projects come online, implying higher future volumes on Enbridge-connected systems. CERAWeek: Canadian crude re-exports from Gulf Coast set to surge
• Positive Sentiment: CEO Gregory Ebel publicly reiterated that infrastructure investment is central to energy affordability and said he’s open to a new Canadian west‑coast oil pipeline — comments that signal management’s willingness to pursue volume‑adding projects. Enbridge CEO Says He’s Open to New Canadian West Coast Oil Pipeline
• Neutral Sentiment: Operational update: Enbridge’s Straits Maritimes Operations Center recorded its 10,000th vessel observation — an operational/safety milestone that supports monitoring and marine throughput management but has limited direct near‑term financial impact. Enbridge Straits Maritimes Operations Center marks 10,000th vessel observation
• Neutral Sentiment: CEO media appearances (MSN/CNBC clips) reiterated the infrastructure affordability theme — useful for investor confidence but largely messaging rather than new corporate action. Enbridge CEO Ebel: Infrastructure is key to energy affordability YouTube: Enbridge CEO: Infrastructure is key to energy affordability
• Neutral Sentiment: Sector context: market commentary on the energy rally framed midstream names like ENB as defensive, volume‑driven toll‑booth plays with attractive dividends — supportive sentiment but tied to broader oil market volatility. (MarketBeat energy roundup)
• Neutral Sentiment: Valuation caution: a Seeking Alpha piece noted strong performance and bull case while warning ENB may be near peak pricing — a reminder that upside is tied to sustained volume growth and dividend stability. Enbridge Could Be At Its Peak Price

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.