US Capital Advisors Boosts Earnings Estimates for Enbridge

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Analysts at US Capital Advisors raised their Q3 2026 EPS estimates for shares of Enbridge in a research note issued to investors on Thursday, August 20th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $0.43 per share for the quarter, up from their prior forecast of $0.40. The consensus estimate for Enbridge’s current full-year earnings is $2.11 per share. US Capital Advisors also issued estimates for Enbridge’s Q4 2026 earnings at $0.61 EPS, Q2 2027 earnings at $0.48 EPS, Q3 2027 earnings at $0.46 EPS, Q4 2027 earnings at $0.69 EPS and FY2027 earnings at $2.41 EPS.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its earnings results on Friday, July 31st. The pipeline company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.03. Enbridge had a return on equity of 11.17% and a net margin of 7.20%.The company had revenue of $9.70 billion during the quarter, compared to the consensus estimate of $8.67 billion. During the same period last year, the firm earned $0.65 earnings per share.

Other equities research analysts also recently issued reports about the company. BMO Capital Markets restated a “market perform” rating on shares of Enbridge in a report on Monday, August 3rd. TD Securities reiterated a “hold” rating on shares of Enbridge in a research note on Thursday, July 16th. Royal Bank Of Canada raised their price target on shares of Enbridge from $79.00 to $84.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Wall Street Zen upgraded shares of Enbridge from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, Wolfe Research set a $50.00 price target on shares of Enbridge in a report on Tuesday, August 4th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $67.00.

Enbridge Trading Up 1.6%

NYSE:ENB opened at $51.07 on Friday. The stock has a market cap of $111.54 billion, a price-to-earnings ratio of 27.31 and a beta of 0.58. Enbridge has a one year low of $45.03 and a one year high of $58.45. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.66 and a current ratio of 0.72. The business’s 50-day simple moving average is $54.26 and its 200 day simple moving average is $54.02.

Enbridge Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.97 per share. The ex-dividend date is Friday, August 14th. This represents a $3.88 annualized dividend and a yield of 7.6%. Enbridge’s dividend payout ratio is presently 147.06%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Deutsche Bank AG acquired a new stake in shares of Enbridge during the 2nd quarter valued at approximately $1,850,502,000. Norges Bank acquired a new position in Enbridge in the fourth quarter worth $1,195,559,000. Ontario Teachers Pension Plan Board acquired a new position in Enbridge in the second quarter worth $467,782,000. Auto Owners Insurance Co increased its stake in Enbridge by 4,683.0% during the fourth quarter. Auto Owners Insurance Co now owns 8,566,831 shares of the pipeline company’s stock valued at $40,975,000 after purchasing an additional 8,387,721 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Enbridge during the second quarter valued at $412,627,000. Institutional investors own 54.60% of the company’s stock.

About Enbridge

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.