What is Scotiabank’s Forecast for Enbridge FY2026 Earnings?

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Stock analysts at Scotiabank issued their FY2026 EPS estimates for shares of Enbridge in a research note issued to investors on Thursday, September 17th. Scotiabank analyst R. Hope forecasts that the pipeline company will post earnings per share of $2.11 for the year. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Enbridge’s current full-year earnings is $2.12 per share. Scotiabank also issued estimates for Enbridge’s FY2027 earnings at $2.34 EPS.

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

Other equities analysts have also recently issued reports about the company. Canadian Imperial Bank of Commerce raised Enbridge from a “neutral” rating to a “sector outperform” rating in a report on Thursday, August 27th. US Capital Advisors upgraded Enbridge from a “hold” rating to a “moderate buy” rating in a research report on Thursday, August 20th. National Bank Financial raised Enbridge from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 15th. Jefferies Financial Group reissued a “hold” rating on shares of Enbridge in a report on Monday, September 14th. Finally, Wolfe Research set a $50.00 target price on Enbridge in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $71.17.

Enbridge Trading Down 0.5%

NYSE:ENB opened at $47.95 on Monday. The company has a market cap of $106.87 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 5.69 and a beta of 0.57. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.69. The company has a 50 day simple moving average of $51.73 and a two-hundred day simple moving average of $53.64. Enbridge has a 12 month low of $45.03 and a 12 month high of $58.45.

Institutional Trading of Enbridge

Several institutional investors and hedge funds have recently modified their holdings of ENB. Arlington Trust Co LLC boosted its stake in Enbridge by 114.6% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the pipeline company’s stock valued at $27,000 after acquiring an additional 267 shares in the last quarter. City Holding Co. increased its position in shares of Enbridge by 121.5% during the second quarter. City Holding Co. now owns 649 shares of the pipeline company’s stock worth $35,000 after purchasing an additional 356 shares in the last quarter. Steigerwald Gordon & Koch Inc. increased its position in shares of Enbridge by 99.7% during the first quarter. Steigerwald Gordon & Koch Inc. now owns 691 shares of the pipeline company’s stock worth $37,000 after purchasing an additional 345 shares in the last quarter. Financial Freedom LLC lifted its holdings in shares of Enbridge by 187.1% during the 1st quarter. Financial Freedom LLC now owns 755 shares of the pipeline company’s stock valued at $41,000 after purchasing an additional 492 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Enbridge during the 4th quarter valued at $39,000. 54.60% of the stock is currently owned by institutional investors.

Enbridge Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th were issued a dividend of $0.97 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $3.88 annualized dividend and a yield of 8.1%. Enbridge’s payout ratio is currently 147.06%.

About Enbridge

Enbridge Inc is a Canadian energy infrastructure company headquartered in Calgary, Alberta. Founded in 1949 as Interprovincial Pipe Line, the company has grown into one of North America’s largest energy delivery businesses, operating primarily in Canada and the United States.

Enbridge’s operations include crude oil and liquids pipelines, natural gas transmission and storage, and natural gas distribution and utility services. Its pipeline systems transport energy products from producing regions to refineries, export facilities, utilities and other customers.