Enbridge Q3 EPS Forecast Increased by US Capital Advisors

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Equities researchers at US Capital Advisors boosted their Q3 2026 EPS estimates for shares of Enbridge in a report issued on Wednesday, July 29th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will earn $0.40 per share for the quarter, up from their prior estimate of $0.39. The consensus estimate for Enbridge’s current full-year earnings is $2.13 per share. US Capital Advisors also issued estimates for Enbridge’s Q2 2027 earnings at $0.44 EPS and FY2028 earnings at $2.40 EPS.

A number of other research analysts have also weighed in on ENB. Scotiabank reissued an “outperform” rating on shares of Enbridge in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of Enbridge from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. TD Securities reaffirmed a “hold” rating on shares of Enbridge in a report on Thursday, July 16th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Enbridge in a report on Monday, May 11th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Enbridge in a research note on Friday, May 22nd. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Enbridge currently has an average rating of “Moderate Buy” and an average target price of $66.50.

Enbridge Price Performance

NYSE ENB opened at $55.14 on Thursday. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.81 and a quick ratio of 0.73. The stock’s fifty day moving average price is $55.64 and its 200 day moving average price is $53.50. Enbridge has a 1 year low of $44.80 and a 1 year high of $58.45. The company has a market cap of $120.43 billion, a price-to-earnings ratio of 25.89 and a beta of 0.58.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its quarterly earnings results on Friday, May 8th. The pipeline company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.02. The business had revenue of $9.37 billion during the quarter, compared to analysts’ expectations of $8.49 billion. Enbridge had a net margin of 9.83% and a return on equity of 11.21%. During the same quarter last year, the company posted $1.03 earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Bogart Wealth LLC grew its stake in shares of Enbridge by 4.3% during the 2nd quarter. Bogart Wealth LLC now owns 8,904 shares of the pipeline company’s stock worth $483,000 after purchasing an additional 371 shares during the period. TCV Trust & Wealth Management Inc. lifted its stake in shares of Enbridge by 2.1% in the 2nd quarter. TCV Trust & Wealth Management Inc. now owns 13,342 shares of the pipeline company’s stock valued at $723,000 after purchasing an additional 277 shares during the period. CRA Financial Services LLC acquired a new position in shares of Enbridge in the 2nd quarter valued at $201,000. Avidian Wealth Enterprises LLC boosted its holdings in Enbridge by 11.0% during the second quarter. Avidian Wealth Enterprises LLC now owns 10,476 shares of the pipeline company’s stock worth $568,000 after buying an additional 1,034 shares in the last quarter. Finally, Trinity Legacy Partners LLC boosted its holdings in Enbridge by 15.2% during the second quarter. Trinity Legacy Partners LLC now owns 5,471 shares of the pipeline company’s stock worth $309,000 after buying an additional 720 shares in the last quarter. 54.60% of the stock is owned by institutional investors and hedge funds.

Enbridge Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Friday, August 14th. Enbridge’s dividend payout ratio (DPR) is 133.80%.

Enbridge Company Profile

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.