Analysts Offer Predictions for Enbridge FY2026 Earnings

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Stock analysts at National Bank Financial decreased their FY2026 EPS estimates for shares of Enbridge in a research report issued to clients and investors on Tuesday, March 4th. National Bank Financial analyst P. Kenny now expects that the pipeline company will post earnings per share of $2.22 for the year, down from their previous forecast of $2.23. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share.

A number of other equities analysts have also recently issued reports on ENB. Wells Fargo & Company upgraded Enbridge from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 6th. TD Securities assumed coverage on Enbridge in a research note on Wednesday, January 15th. They issued a “buy” rating for the company. Finally, Royal Bank of Canada lifted their price target on shares of Enbridge from $63.00 to $67.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $67.00.

Enbridge Stock Up 2.5 %

Shares of NYSE:ENB opened at $42.60 on Thursday. The firm has a market capitalization of $92.82 billion, a PE ratio of 24.76, a price-to-earnings-growth ratio of 3.92 and a beta of 0.94. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.55. Enbridge has a 52-week low of $32.85 and a 52-week high of $45.78. The firm has a fifty day moving average of $43.45 and a 200 day moving average of $42.07.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its earnings results on Friday, February 14th. The pipeline company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. Enbridge had a net margin of 10.04% and a return on equity of 10.16%. The business had revenue of $11.59 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same period last year, the firm posted $0.64 earnings per share.

Institutional Investors Weigh In On Enbridge

A number of hedge funds and other institutional investors have recently modified their holdings of ENB. McIlrath & Eck LLC increased its stake in Enbridge by 74.9% in the 3rd quarter. McIlrath & Eck LLC now owns 689 shares of the pipeline company’s stock worth $28,000 after purchasing an additional 295 shares during the period. Albion Financial Group UT bought a new position in shares of Enbridge in the fourth quarter worth approximately $29,000. Wintrust Investments LLC increased its stake in shares of Enbridge by 47.8% in the fourth quarter. Wintrust Investments LLC now owns 736 shares of the pipeline company’s stock worth $31,000 after buying an additional 238 shares during the period. GeoWealth Management LLC boosted its position in Enbridge by 436.4% during the 4th quarter. GeoWealth Management LLC now owns 751 shares of the pipeline company’s stock valued at $32,000 after buying an additional 611 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in Enbridge during the 3rd quarter valued at $37,000. Institutional investors own 54.60% of the company’s stock.

Enbridge Company Profile

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.