Research Analysts Set Expectations for Enbridge Q1 Earnings

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Equities researchers at US Capital Advisors increased their Q1 2026 earnings estimates for shares of Enbridge in a report issued on Monday, March 23rd. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $0.99 per share for the quarter, up from their previous forecast of $0.97. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. US Capital Advisors also issued estimates for Enbridge’s Q3 2026 earnings at $0.57 EPS, FY2026 earnings at $3.02 EPS, Q2 2027 earnings at $0.61 EPS, FY2027 earnings at $3.15 EPS and FY2028 earnings at $3.33 EPS.

Other analysts have also recently issued reports about the company. TD Securities cut Enbridge from a “buy” rating to a “hold” rating and upped their price objective for the stock from C$70.00 to C$72.00 in a report on Tuesday, February 17th. Royal Bank Of Canada boosted their price target on shares of Enbridge from C$72.00 to C$76.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. JPMorgan Chase & Co. downgraded shares of Enbridge from an “overweight” rating to a “neutral” rating and decreased their price target for the company from C$74.00 to C$69.00 in a research note on Tuesday, January 27th. National Bank Financial increased their price objective on shares of Enbridge from C$71.00 to C$72.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 17th. Finally, BMO Capital Markets lifted their price objective on shares of Enbridge from C$67.00 to C$70.00 in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Enbridge has an average rating of “Moderate Buy” and a consensus target price of C$73.31.

Enbridge Price Performance

Shares of Enbridge stock opened at C$74.91 on Wednesday. The stock has a 50 day moving average of C$70.25 and a 200 day moving average of C$67.89. Enbridge has a 12 month low of C$56.51 and a 12 month high of C$75.72. The firm has a market cap of C$163.48 billion, a PE ratio of 23.26, a PEG ratio of 1.72 and a beta of 1.00. The company has a current ratio of 0.63, a quick ratio of 0.44 and a debt-to-equity ratio of 170.86.

Enbridge (TSE:ENB) (NYSE:ENB) last issued its quarterly earnings data on Friday, February 13th. The company reported C$0.88 earnings per share for the quarter. The firm had revenue of C$17.18 billion during the quarter. Enbridge had a return on equity of 12.34% and a net margin of 11.50%.

Enbridge Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Sunday, March 1st were given a dividend of $0.97 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $3.88 annualized dividend and a dividend yield of 5.2%. This is an increase from Enbridge’s previous quarterly dividend of $0.94. Enbridge’s dividend payout ratio is presently 117.08%.

Enbridge News Summary

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors raised its Q4 2026 EPS estimate for ENB to $0.87 from $0.81, signaling slightly stronger near-term earnings expectations for that quarter. This upgrade can be read as a modest positive on earnings momentum for the company.
• Positive Sentiment: Industry development: Enbridge says Canadian crude re-exports from the Gulf Coast are set to surge with pipeline projects — higher flows and export activity support fee-based revenue and utilization on Enbridge’s pipeline network, which can boost cash flow stability. Canadian crude re-exports from Gulf Coast set to surge with pipeline projects, Enbridge says
• Positive Sentiment: Broker view: A brokerage roundup shows ENB carrying an average rating of “Moderate Buy,” which supports investor sentiment and can underwrite the stock’s premium relative to peers. Enbridge Inc. (TSE:ENB) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: US Capital Advisors published updated EPS schedules for multiple quarters (Q2 2026 $0.60, Q4 2026 $0.87, Q1 2027 $1.02, Q3 2027 $0.59, Q4 2027 $0.93). These forward estimates provide more quarterly detail but leave the consensus full-year EPS around $3.51 — so no major change to annual outlook yet.
• Negative Sentiment: US Capital Advisors trimmed its Q2 2026 EPS estimate slightly to $0.60 from $0.61. The cut is small, but it represents a near-term downward revision that investors will watch when Q2 results are reported.

About Enbridge

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.