US Capital Advisors Forecasts Weaker Earnings for Enbridge

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Equities research analysts at US Capital Advisors decreased their Q2 2026 earnings estimates for Enbridge in a research note issued on Monday, February 2nd. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings per share of $0.45 for the quarter, down from their previous estimate of $0.46. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge’s Q4 2026 earnings at $0.59 EPS.

Other research analysts also recently issued reports about the stock. National Bankshares reaffirmed a “sector perform” rating on shares of Enbridge in a research note on Monday, November 10th. Royal Bank Of Canada increased their target price on shares of Enbridge from $67.00 to $72.00 and gave the stock an “outperform” rating in a report on Monday, November 10th. Zacks Research upgraded Enbridge from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Enbridge in a research report on Monday, November 10th. Finally, Cibc World Mkts lowered Enbridge from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $63.00.

Enbridge Trading Up 1.7%

NYSE ENB opened at $50.15 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 1.64. The stock has a 50-day moving average of $47.52 and a 200-day moving average of $47.66. The firm has a market cap of $109.41 billion, a PE ratio of 27.55 and a beta of 0.69. Enbridge has a 1-year low of $39.73 and a 1-year high of $50.54.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its quarterly earnings data on Friday, November 7th. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.06). The business had revenue of $7 billion during the quarter, compared to analysts’ expectations of $8.45 billion. Enbridge had a net margin of 9.20% and a return on equity of 10.51%. During the same period last year, the company posted $0.55 EPS.

Enbridge Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Tuesday, February 17th will be given a $0.97 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 7.7%. This is an increase from Enbridge’s previous quarterly dividend of $0.94. Enbridge’s payout ratio is presently 147.80%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Westwood Holdings Group Inc. increased its holdings in shares of Enbridge by 83.1% during the second quarter. Westwood Holdings Group Inc. now owns 2,301,067 shares of the pipeline company’s stock valued at $104,284,000 after acquiring an additional 1,044,093 shares in the last quarter. Mutual Advisors LLC grew its position in Enbridge by 25.3% during the 2nd quarter. Mutual Advisors LLC now owns 51,995 shares of the pipeline company’s stock valued at $2,338,000 after purchasing an additional 10,488 shares during the last quarter. Ritholtz Wealth Management grew its position in Enbridge by 37.7% during the 2nd quarter. Ritholtz Wealth Management now owns 71,834 shares of the pipeline company’s stock valued at $3,256,000 after purchasing an additional 19,655 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Enbridge by 0.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,142,927 shares of the pipeline company’s stock valued at $187,705,000 after purchasing an additional 32,268 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in Enbridge by 15.3% in the third quarter. Jones Financial Companies Lllp now owns 1,676,947 shares of the pipeline company’s stock worth $83,176,000 after buying an additional 221,976 shares during the last quarter. Institutional investors own 54.60% of the company’s stock.

Trending Headlines about Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Federal energy regulator recommends approval of an Enbridge pipeline expansion, which improves the outlook for future cash flow and capacity growth and reduces regulatory uncertainty around that project. Federal energy regulator recommends approval of Enbridge pipeline expansion
• Positive Sentiment: The U.S. Justice Department filed to weigh in on Line 5 litigation — a federal-level filing that could bolster Enbridge’s legal arguments (for example, federal preemption/interest) and increase the probability of a favorable outcome for continued operations or quicker resolution. U.S. Justice Department weighs in on Enbridge Line 5 litigation
• Positive Sentiment: Investor commentary is emphasizing Enbridge’s attractive yield and reiterated guidance (Adjusted EBITDA and DCF/share targets), reinforcing the income thesis and steady cash-flow expectations that support the dividend. This bull case is being highlighted in recent analyst/commentary pieces. Enbridge: The 6% Dividend Yield Is Still Very Attractive
• Positive Sentiment: Market-note coverage observed ENB rising while the broader market declined, signaling relative strength and short-term buying interest. That intra-day strength is consistent with the regulatory and dividend-positive headlines. Enbridge (ENB) Advances While Market Declines
• Neutral Sentiment: Analyst model update: US Capital Advisors trimmed FY2026 EPS slightly (from $2.15 to $2.14) — effectively a rounding change that leaves consensus intact and is unlikely to materially change the dividend/cash-flow story. MarketBeat ENB coverage (analyst note)
• Negative Sentiment: Legal risk remains: a Traverse City nonprofit filed a reply brief in the Michigan Supreme Court regarding the Line 5 tunnel permit, keeping state-level challenges and timing risk alive — this could delay approvals or create operational/legal costs if unfavorable rulings persist. Traverse City Nonprofit Files Reply Brief in Line 5 tunnel permit case

About Enbridge

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.