Enbridge (TSE:ENB) Announces Quarterly Earnings Results

Enbridge (TSE:ENB) (NYSE:ENB) released its quarterly earnings data on Friday. The company reported C$0.88 earnings per share (EPS) for the quarter, FiscalAI reports. Enbridge had a return on equity of 10.30% and a net margin of 13.75%.The company had revenue of C$17.18 billion during the quarter.

Enbridge Price Performance

Shares of Enbridge stock opened at C$73.30 on Friday. Enbridge has a twelve month low of C$56.51 and a twelve month high of C$73.71. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86. The company has a 50-day simple moving average of C$65.87 and a two-hundred day simple moving average of C$66.46. The stock has a market capitalization of C$160.01 billion, a price-to-earnings ratio of 28.75, a price-to-earnings-growth ratio of 1.72 and a beta of 0.95.

Enbridge Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Sunday, March 1st will be given a dividend of $0.97 per share. This is a positive change from Enbridge’s previous quarterly dividend of $0.94. This represents a $3.88 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Tuesday, February 17th. Enbridge’s payout ratio is 146.76%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ENB. Raymond James Financial raised their price target on Enbridge from C$74.00 to C$76.00 in a report on Monday, November 10th. BMO Capital Markets increased their price objective on shares of Enbridge from C$67.00 to C$70.00 in a research report on Thursday, December 4th. ATB Cormark Capital Markets set a C$72.00 target price on shares of Enbridge and gave the stock an “outperform” rating in a research note on Tuesday, December 23rd. Canadian Imperial Bank of Commerce reduced their target price on shares of Enbridge from C$71.00 to C$69.00 in a report on Wednesday, December 17th. Finally, Jefferies Financial Group decreased their price target on shares of Enbridge from C$73.00 to C$71.00 in a research note on Tuesday, December 23rd. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Enbridge presently has an average rating of “Moderate Buy” and an average price target of C$71.31.

More Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Fourth-quarter results beat expectations and management raised the dividend, signaling stronger cash flow and shareholder returns. Enbridge tops fourth-quarter profit estimates, raises dividend
• Positive Sentiment: Company Q4 call highlighted record financial performance (C$17.18B revenue, C$0.88 EPS reported) and strategic commentary that supports the dividend and valuation narrative. Enbridge Inc (ENB) Q4 2025 Earnings Call Highlights: Record Financial Performance and Strategic …
• Positive Sentiment: Board declared a higher quarterly dividend (C$0.97), a ~2.9% increase vs prior quarter, keeping the yield attractive for income investors (annualized yield ~5.3%).
• Positive Sentiment: Legal win on Line 5 reroute reduces regulatory uncertainty and potential shutdown risk for a key U.S. pipeline corridor. Judge rules in favor of Enbridge’s Line 5 reroute
• Positive Sentiment: CEO reiterated that Canadian crude remains an important feedstock for U.S. Gulf refineries — a demand-side point that supports pipeline throughput assumptions. Enbridge CEO: Canadian oil a ‘meat and potato’ staple for U.S. Gulf refineries
• Neutral Sentiment: Pipeline expansion plans focus attention on Enbridge’s role in Gulf crude flows and how that could affect valuation — upside if throughput grows, but raises execution and commodity exposure questions. Enbridge Pipeline Expansion Puts Gulf Crude Role And Valuation In Focus
• Neutral Sentiment: Analyst previews expected a modest uptick in 4Q adjusted EBITDA ahead of results, reflecting steady but not explosive operational cash-flow growth. Enbridge 4Q Adjusted Ebitda Expected to Nudge Higher — Earnings Preview
• Neutral Sentiment: Small customer dispute (St. Catharines café gas-bill error) drew local attention but is a limited PR/legal matter unlikely to move fundamentals. Owner of St. Catharines, Ont., café fought Enbridge over $56K gas bill error — and won
• Negative Sentiment: Management signaled it is unwilling to assume development risk on a proposed Alberta pipeline project, which dampens near-term growth expectations and potential long-term volume/capex upside. Enbridge says it’s not willing to take on development risk of Alberta pipeline project
• Negative Sentiment: CEO comments elsewhere signaled little interest in building new Canada pipelines, reinforcing a more conservative growth posture that could limit future organic expansion. Enbridge CEO Signals Little Interest to Build New Canada Pipeline

Enbridge Company Profile

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We’re investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We’re advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage.