FY2026 EPS Estimates for Enbridge Reduced by Analyst

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Equities researchers at National Bank Financial lowered their FY2026 earnings estimates for shares of Enbridge in a research note issued to investors on Tuesday, March 4th. National Bank Financial analyst P. Kenny now anticipates that the pipeline company will post earnings per share of $2.22 for the year, down from their previous forecast of $2.23. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share.

A number of other research analysts have also recently weighed in on the stock. Wells Fargo & Company upgraded shares of Enbridge from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, November 6th. TD Securities started coverage on Enbridge in a research note on Wednesday, January 15th. They issued a “buy” rating on the stock. Finally, Royal Bank of Canada increased their price objective on Enbridge from $63.00 to $67.00 and gave the company an “outperform” rating in a report on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $67.00.

Enbridge Price Performance

ENB opened at $42.60 on Thursday. Enbridge has a fifty-two week low of $32.85 and a fifty-two week high of $45.78. The firm has a 50-day moving average of $43.45 and a 200 day moving average of $42.07. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.55. The firm has a market cap of $92.82 billion, a P/E ratio of 24.76, a PEG ratio of 3.92 and a beta of 0.94.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its quarterly earnings data on Friday, February 14th. The pipeline company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. Enbridge had a return on equity of 10.16% and a net margin of 10.04%. The firm had revenue of $11.59 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the prior year, the company earned $0.64 EPS.

Hedge Funds Weigh In On Enbridge

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC grew its stake in Enbridge by 12.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,566 shares of the pipeline company’s stock valued at $429,000 after buying an additional 1,193 shares in the last quarter. United Advisor Group LLC grew its position in shares of Enbridge by 22.7% in the third quarter. United Advisor Group LLC now owns 9,841 shares of the pipeline company’s stock valued at $400,000 after purchasing an additional 1,818 shares in the last quarter. Callahan Advisors LLC raised its stake in shares of Enbridge by 43.0% during the 3rd quarter. Callahan Advisors LLC now owns 138,403 shares of the pipeline company’s stock valued at $5,621,000 after purchasing an additional 41,642 shares during the period. Radnor Capital Management LLC raised its stake in shares of Enbridge by 9.0% during the 3rd quarter. Radnor Capital Management LLC now owns 69,864 shares of the pipeline company’s stock valued at $2,837,000 after purchasing an additional 5,775 shares during the period. Finally, Maia Wealth LLC purchased a new stake in Enbridge during the 3rd quarter worth about $225,000. Institutional investors own 54.60% of the company’s stock.

Enbridge Company Profile

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.