Research Analysts Set Expectations for Enbridge Q2 Earnings

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Equities research analysts at US Capital Advisors boosted their Q2 2026 earnings per share estimates for shares of Enbridge in a report released on Friday, May 29th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $0.58 for the quarter, up from their prior estimate of $0.57. 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 $0.55 EPS, Q4 2026 earnings at $0.84 EPS, Q1 2027 earnings at $1.03 EPS, Q2 2027 earnings at $0.60 EPS, Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.90 EPS and FY2027 earnings at $3.11 EPS.

A number of other research analysts have also recently weighed in on ENB. Raymond James Financial lifted their target price on shares of Enbridge from C$78.00 to C$80.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Barclays raised their price target on Enbridge from C$68.00 to C$73.00 in a report on Tuesday, April 7th. TD Securities lowered 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 research note on Tuesday, February 17th. Jefferies Financial Group cut Enbridge from a “buy” rating to a “hold” rating and increased their target price for the stock from C$71.00 to C$76.00 in a research report on Tuesday, February 17th. Finally, ATB Cormark Capital Markets lifted their target price on Enbridge from C$72.00 to C$78.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Enbridge currently has a consensus rating of “Moderate Buy” and an average target price of C$75.33.

Enbridge Stock Performance

ENB opened at C$77.96 on Wednesday. The company has a 50 day simple moving average of C$74.95 and a two-hundred day simple moving average of C$70.43. The company has a debt-to-equity ratio of 168.58, a current ratio of 0.81 and a quick ratio of 0.44. The firm has a market cap of C$170.24 billion, a P/E ratio of 26.43, a PEG ratio of 1.72 and a beta of 0.87. Enbridge has a 1-year low of C$59.68 and a 1-year high of C$80.65.

Enbridge (TSE:ENB) (NYSE:ENB) last posted its quarterly earnings data on Friday, May 8th. The company reported C$0.98 earnings per share for the quarter. Enbridge had a return on equity of 11.11% and a net margin of 9.43%.The firm had revenue of C$22.36 billion for the quarter.

Insider Transactions at Enbridge

In related news, Director Mayank Mulraj Ashar sold 5,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of C$78.08, for a total value of C$390,400.00. Following the sale, the director directly owned 45,000 shares in the company, valued at approximately C$3,513,600. The trade was a 10.00% decrease in their ownership of the stock. Also, insider Melissa Marie Laforge sold 855 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of C$80.16, for a total value of C$68,536.80. Following the transaction, the insider directly owned 7,904 shares of the company’s stock, valued at approximately C$633,584.64. The trade was a 9.76% decrease in their ownership of the stock. In the last 90 days, insiders have sold 8,855 shares of company stock valued at $695,547. Company insiders own 0.10% of the company’s stock.

Enbridge Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, June 1st were given a dividend of $0.97 per share. The ex-dividend date was Friday, May 15th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 5.0%. Enbridge’s dividend payout ratio (DPR) is presently 128.73%.

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.