National Bank Financial Expects Weaker Earnings for Enbridge

Enbridge Inc. (TSE:ENB – Free Report) (NYSE:ENB) – National Bank Financial decreased their FY2025 EPS estimates for Enbridge in a report issued on Monday, February 17th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings per share of $3.05 for the year, down from their prior forecast of $3.10. The [...]

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Enbridge Inc. ( TSE:ENB – Free Report ) (NYSE:ENB) – National Bank Financial decreased their FY2025 EPS estimates for Enbridge in a report issued on Monday, February 17th. National Bank Financial analyst P.

Kenny now anticipates that the company will post earnings per share of $3.05 for the year, down from their prior forecast of $3.10.



The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. National Bank Financial also issued estimates for Enbridge’s FY2026 earnings at $3.

18 EPS. A number of other research firms also recently weighed in on ENB. BMO Capital Markets increased their price target on shares of Enbridge from C$59.

00 to C$60.00 in a research note on Wednesday, December 4th. Barclays increased their price target on shares of Enbridge from C$59.

00 to C$64.00 in a research note on Monday, January 6th. Scotiabank increased their price target on shares of Enbridge from C$61.

00 to C$65.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. Morgan Stanley set a C$64.

00 target price on shares of Enbridge and gave the company an “equal weight” rating in a research note on Friday, October 25th. Finally, Royal Bank of Canada lifted their target price on shares of Enbridge from C$63.00 to C$67.

00 in a report on Tuesday. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.

com, the company presently has a consensus rating of “Hold” and an average target price of C$63.23. Enbridge Stock Performance TSE:ENB opened at C$59.

45 on Thursday. 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 market cap of C$128.

84 billion, a P/E ratio of 19.33, a P/E/G ratio of 1.72 and a beta of 0.

90. Enbridge has a fifty-two week low of C$45.39 and a fifty-two week high of C$65.

62. The firm’s 50 day moving average is C$62.19 and its two-hundred day moving average is C$58.

44. Enbridge Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Saturday, March 1st will be paid a dividend of $0.

9425 per share. This is an increase from Enbridge’s previous quarterly dividend of $0.92.

The ex-dividend date of this dividend is Friday, February 14th. This represents a $3.77 annualized dividend and a yield of 6.

34%. Enbridge’s payout ratio is 118.98%.

Insider Buying and Selling In related news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of Enbridge stock in a transaction on Monday, December 23rd. The shares were sold at an average price of C$59.94, for a total transaction of C$66,293.

64. 0.10% of the stock is currently owned by insiders.

About Enbridge ( Get Free Report ) Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.

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