Equities Analysts Issue Forecasts for Enbridge Q1 Earnings

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Investment analysts at US Capital Advisors cut their Q1 2025 earnings per share estimates for shares of Enbridge in a research note issued on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $0.59 per share for the quarter, down from their previous forecast of $0.60. The consensus estimate for Enbridge’s current full-year earnings is $2.06 per share. US Capital Advisors also issued estimates for Enbridge’s Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.57 EPS, FY2025 earnings at $1.98 EPS and FY2026 earnings at $1.99 EPS.

Several other equities analysts have also issued reports on ENB. Jefferies Financial Group lowered Enbridge from a “buy” rating to a “hold” rating in a research note on Monday, September 30th. Morgan Stanley began coverage on Enbridge in a report on Friday, October 25th. They issued an “equal weight” rating for the company. Finally, Wells Fargo & Company upgraded Enbridge from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 6th.

Enbridge Price Performance

Enbridge stock opened at $42.90 on Wednesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.54 and a current ratio of 0.62. Enbridge has a 52 week low of $32.85 and a 52 week high of $43.70. The firm has a market cap of $93.44 billion, a P/E ratio of 19.86, a P/E/G ratio of 4.18 and a beta of 0.93. The business’s fifty day moving average is $41.57 and its two-hundred day moving average is $38.82.

Enbridge (NYSE:ENB) (TSE:ENB) last released its quarterly earnings data on Friday, November 1st. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.15. Enbridge had a return on equity of 9.94% and a net margin of 13.54%. The business had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same period in the previous year, the business posted $0.46 earnings per share.

Enbridge Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Friday, November 15th will be paid a dividend of $0.676 per share. This represents a $2.70 dividend on an annualized basis and a yield of 6.30%. The ex-dividend date of this dividend is Friday, November 15th. This is a positive change from Enbridge’s previous quarterly dividend of $0.67. Enbridge’s dividend payout ratio (DPR) is 121.76%.

Hedge Funds Weigh In On Enbridge

Hedge funds have recently added to or reduced their stakes in the stock. Janus Henderson Group PLC grew its position in Enbridge by 2.1% during the 1st quarter. Janus Henderson Group PLC now owns 215,629 shares of the pipeline company’s stock worth $7,800,000 after acquiring an additional 4,400 shares during the last quarter. Ancora Advisors LLC grew its position in Enbridge by 3.5% during the 1st quarter. Ancora Advisors LLC now owns 65,479 shares of the pipeline company’s stock worth $2,369,000 after acquiring an additional 2,241 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its position in Enbridge by 6.4% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 88,752 shares of the pipeline company’s stock worth $2,949,000 after acquiring an additional 5,347 shares during the last quarter. Tidal Investments LLC grew its position in Enbridge by 8.0% during the 1st quarter. Tidal Investments LLC now owns 40,565 shares of the pipeline company’s stock worth $1,468,000 after acquiring an additional 3,008 shares during the last quarter. Finally, Beacon Capital Management LLC grew its position in Enbridge by 55.1% during the 1st quarter. Beacon Capital Management LLC now owns 1,546 shares of the pipeline company’s stock worth $56,000 after acquiring an additional 549 shares during the last quarter. Institutional investors own 54.60% of the company’s stock.

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.