US Capital Advisors Predicts Increased Earnings for Enbridge

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Analysts at US Capital Advisors lifted their Q4 2026 earnings estimates for shares of Enbridge in a note issued to investors on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $0.86 for the quarter, up from their previous forecast of $0.85. US Capital Advisors currently has a “Moderate Buy” rating on the stock. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. US Capital Advisors also issued estimates for Enbridge’s FY2028 earnings at $3.71 EPS.

Enbridge (TSE:ENB) (NYSE:ENB) last posted its quarterly earnings data on Friday, July 31st. The company reported C$0.63 earnings per share (EPS) for the quarter. The company had revenue of C$29.32 billion for the quarter. Enbridge had a net margin of 7.28% and a return on equity of 10.01%.

Several other equities research analysts have also issued reports on the stock. Scotiabank upgraded shares of Enbridge to a “strong-buy” rating in a research note on Thursday, September 17th. TD upgraded Enbridge from a “hold” rating to a “buy” rating and decreased their price target for the company from C$82.00 to C$81.00 in a research note on Tuesday, September 15th. The Goldman Sachs Group upgraded Enbridge to a “hold” rating in a research note on Wednesday, September 30th. Canadian Imperial Bank of Commerce upgraded Enbridge from a “hold” rating to an “outperformer” rating and upped their price objective for the stock from C$77.00 to C$78.00 in a research note on Friday, August 28th. Finally, National Bank Financial raised Enbridge from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from C$81.00 to C$82.00 in a report on Tuesday, September 15th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Enbridge presently has a consensus rating of “Moderate Buy” and a consensus target price of C$77.62.

Enbridge Stock Performance

Shares of ENB opened at C$68.01 on Wednesday. Enbridge has a 12 month low of C$62.42 and a 12 month high of C$80.65. The firm has a fifty day simple moving average of C$67.83 and a 200 day simple moving average of C$72.34. The stock has a market capitalization of C$151.58 billion, a price-to-earnings ratio of 26.26, a PEG ratio of 1.72 and a beta of 0.72. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 171.59.

Enbridge Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, September 1st were given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Friday, August 14th. Enbridge’s dividend payout ratio (DPR) is presently 147.68%.

Insider Buying and Selling

In other Enbridge news, Director Gregory Lorne Ebel purchased 7,105 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were acquired at an average price of C$66.85 per share, for a total transaction of C$474,969.25. Following the purchase, the director owned 589,721 shares in the company, valued at approximately C$39,422,848.85. The trade was a 1.22% increase in their ownership of the stock. Also, insider Michele Eva Harradence purchased 7,105 shares of the business’s stock in a transaction on Monday, September 14th. The shares were acquired at an average cost of C$67.28 per share, with a total value of C$478,024.40. Following the acquisition, the insider directly owned 87,467 shares in the company, valued at approximately C$5,884,779.76. The trade was a 8.84% increase in their ownership of the stock. Company insiders own 0.10% of the company’s stock.

Enbridge Company Profile

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.