Enbridge FY2025 EPS Lifted by National Bank Financial

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Stock analysts at National Bank Financial raised their FY2025 earnings per share estimates for shares of Enbridge in a research note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $3.10 per share for the year, up from their prior forecast of $3.00. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. National Bank Financial also issued estimates for Enbridge’s FY2028 earnings at $3.43 EPS.

A number of other research analysts also recently issued reports on ENB. Scotiabank boosted their price objective on shares of Enbridge from C$57.00 to C$61.00 in a research report on Wednesday, December 4th. JPMorgan Chase & Co. upped their target price on shares of Enbridge from C$66.00 to C$69.00 in a research report on Thursday, December 5th. CIBC lifted their price target on shares of Enbridge from C$61.00 to C$63.00 in a research report on Wednesday, December 4th. Royal Bank of Canada lifted their target price on shares of Enbridge from C$59.00 to C$63.00 in a report on Wednesday, December 4th. Finally, Wells Fargo & Company upped their price target on Enbridge from C$57.00 to C$60.00 in a research note on Thursday, December 5th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of C$61.08.

Enbridge Price Performance

ENB opened at C$63.30 on Wednesday. The company has a debt-to-equity ratio of 131.26, a quick ratio of 0.44 and a current ratio of 0.76. The stock has a market capitalization of C$137.99 billion, a PE ratio of 24.35, a price-to-earnings-growth ratio of 1.72 and a beta of 0.90. The stock’s 50 day moving average price is C$59.87 and its 200-day moving average price is C$55.33. Enbridge has a 52-week low of C$45.05 and a 52-week high of C$63.40.

Insider Buying and Selling at Enbridge

In other news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of C$59.94, for a total transaction of C$66,293.64. Company insiders own 0.10% of the company’s stock.

Enbridge Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 14th will be paid a $0.9425 dividend. This represents a $3.77 annualized dividend and a dividend yield of 5.96%. This is a boost from Enbridge’s previous quarterly dividend of $0.92. Enbridge’s payout ratio is currently 140.77%.

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.