What is Scotiabank’s Forecast for Enbridge FY2027 Earnings?

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Scotiabank increased their FY2027 earnings per share estimates for Enbridge in a research note issued on Thursday, February 19th. Scotiabank analyst R. Hope now expects that the pipeline company will post earnings per share of $2.46 for the year, up from their prior forecast of $2.39. Scotiabank 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 issued its quarterly earnings data on Friday, February 13th. The pipeline company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. The business had revenue of $17.18 billion during 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 period in the prior year, the business earned $0.75 EPS.

Other research analysts have also issued research reports about the company. National Bank Financial reissued a “sector perform” rating on shares of Enbridge in a research report on Monday, November 10th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Enbridge in a research note on Tuesday. Weiss Ratings raised Enbridge from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. cut shares of Enbridge from an “overweight” rating to a “neutral” rating in a report on Tuesday, January 27th. Finally, Royal Bank Of Canada increased their price target on shares of Enbridge from $72.00 to $76.00 and gave the stock an “outperform” rating in a research note on Tuesday. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $65.00.

Enbridge Stock Performance

Shares of ENB opened at $51.50 on Friday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.63 and a quick ratio of 0.68. Enbridge has a one year low of $39.73 and a one year high of $54.19. The company has a 50-day simple moving average of $48.39 and a two-hundred day simple moving average of $48.17. The firm has a market capitalization of $112.35 billion, a PE ratio of 22.39 and a beta of 0.69.

Enbridge Increases Dividend

The company 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 dividend of $0.97 per share. This is a positive change from Enbridge’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.88 annualized dividend and a yield of 7.5%. Enbridge’s payout ratio is currently 120.87%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. MIdWestOne Financial Group Inc. raised its position in shares of Enbridge by 4.3% during the fourth quarter. MIdWestOne Financial Group Inc. now owns 4,906 shares of the pipeline company’s stock worth $235,000 after purchasing an additional 203 shares during the period. Sumitomo Life Insurance Co. increased its stake in Enbridge by 1.1% during the 4th quarter. Sumitomo Life Insurance Co. now owns 18,621 shares of the pipeline company’s stock worth $891,000 after purchasing an additional 205 shares in the last quarter. Arete Wealth Advisors LLC raised its holdings in Enbridge by 4.4% during the 4th quarter. Arete Wealth Advisors LLC now owns 4,914 shares of the pipeline company’s stock worth $235,000 after buying an additional 208 shares during the period. IHT Wealth Management LLC raised its holdings in Enbridge by 1.2% during the 2nd quarter. IHT Wealth Management LLC now owns 18,084 shares of the pipeline company’s stock worth $820,000 after buying an additional 213 shares during the period. Finally, Blue Fin Capital Inc. lifted its stake in Enbridge by 1.3% in the fourth quarter. Blue Fin Capital Inc. now owns 16,028 shares of the pipeline company’s stock valued at $767,000 after buying an additional 213 shares in the last quarter. 54.60% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about 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.