Equities Analysts Offer Predictions for Enbridge Q3 Earnings

Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) – Analysts at US Capital Advisors dropped their Q3 2026 EPS estimates for Enbridge in a research report issued to clients and investors on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings per share of $0.37 for the quarter, down from their prior estimate of $0.43. US Capital Advisors has a “Moderate Buy” rating on the stock. The consensus estimate for Enbridge’s current full-year earnings is $2.08 per share. US Capital Advisors also issued estimates for Enbridge’s Q1 2027 earnings at $0.77 EPS, Q3 2027 earnings at $0.45 EPS, Q4 2027 earnings at $0.65 EPS and FY2027 earnings at $2.35 EPS.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last released its 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 quarter in the previous year, the business earned $0.65 EPS.

ENB has been the subject of several other research reports. The Goldman Sachs Group initiated coverage on shares of Enbridge in a research report on Wednesday, September 30th. They set a “neutral” rating and a $50.00 price objective for the company. Raymond James Financial reaffirmed a “market perform” rating on shares of Enbridge in a research report on Tuesday, September 15th. National Bank Financial raised shares of Enbridge from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 15th. TD Securities restated a “buy” rating on shares of Enbridge in a research note on Friday, October 16th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Enbridge in a report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $65.88.

Get Our Latest Stock Analysis on ENB

Enbridge Stock Performance

Shares of ENB stock opened at $48.47 on Thursday. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.72 and a quick ratio of 0.66. Enbridge has a one year low of $45.03 and a one year high of $58.45. The stock has a 50-day moving average of $48.33 and a 200-day moving average of $52.11. The stock has a market cap of $108.03 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 5.75 and a beta of 0.60.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ENB. Intrua Financial LLC raised its holdings in Enbridge by 0.6% during the third quarter. Intrua Financial LLC now owns 55,615 shares of the pipeline company’s stock worth $2,586,000 after buying an additional 352 shares during the last quarter. Blue Fin Capital Inc. boosted its stake in shares of Enbridge by 5.0% in the 3rd quarter. Blue Fin Capital Inc. now owns 18,622 shares of the pipeline company’s stock worth $866,000 after buying an additional 883 shares during the last quarter. Raleigh Capital Management Inc. boosted its position in Enbridge by 2.3% in the third quarter. Raleigh Capital Management Inc. now owns 56,265 shares of the pipeline company’s stock worth $2,616,000 after purchasing an additional 1,277 shares during the last quarter. International Assets Investment Management LLC grew its position in Enbridge by 1,585.9% during the third quarter. International Assets Investment Management LLC now owns 150,026 shares of the pipeline company’s stock valued at $6,975,000 after buying an additional 141,127 shares during the period. Finally, Brian Low Financial Group LLC grew its position in shares of Enbridge by 4.4% during the 3rd quarter. Brian Low Financial Group LLC now owns 27,649 shares of the pipeline company’s stock valued at $1,285,000 after acquiring an additional 1,158 shares during the period. 54.60% of the stock is currently owned by institutional investors and hedge funds.

Enbridge News Summary

Here are the key news stories impacting Enbridge this week:

  • Positive Sentiment: US Capital Advisors raised its FY2028 EPS forecast to $2.64 from $2.62, indicating expectations for longer-term earnings growth. The firm maintained its “Moderate Buy” rating.
  • Positive Sentiment: Enbridge continues to appear in coverage highlighting high-yield dividend stocks. Its pipeline and utility assets may appeal to income-focused investors, particularly because of the company’s history of maintaining or increasing payouts. Retire on Dividends: 5 High-Yield Stocks
  • Neutral Sentiment: Enbridge was among the most heavily searched stocks on Zacks, which could increase visibility but does not itself signal improving fundamentals or imminent buying pressure. Investors Heavily Search Enbridge
  • Negative Sentiment: US Capital Advisors reduced its EPS forecasts across several periods: Q3 2026 to $0.37 from $0.43, Q1 2027 to $0.77 from $0.78, Q3 2027 to $0.45 from $0.46, Q4 2027 to $0.65 from $0.69, and FY2027 to $2.35 from $2.41. The repeated cuts suggest somewhat softer near- to medium-term earnings expectations.
  • Negative Sentiment: ENB remains below its 200-day moving average of $52.11 and carries substantial leverage, with a debt-to-equity ratio of 1.69. In addition, elevated Treasury yields can make high-dividend stocks less attractive relative to bonds. High-Yield Dividend Stocks

About Enbridge

(Get Free Report)

Enbridge Inc is a Canadian energy infrastructure company that operates one of the largest pipeline and energy delivery networks in North America. Its businesses transport crude oil and other liquid hydrocarbons, move and store natural gas, and deliver natural gas to residential, commercial and industrial customers.

The company’s operations span Canada and the United States, including extensive pipeline systems serving major producing regions, refineries and population centers. Enbridge also develops and operates renewable power assets, including offshore and onshore wind projects, solar facilities and other lower-carbon energy infrastructure.

Enbridge traces its history to the Interprovincial Pipe Line Company, founded in 1949 to transport Canadian crude oil.

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Earnings History and Estimates for Enbridge (NYSE:ENB)

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