Equities Analysts Set Expectations for Enbridge Q4 Earnings

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Investment analysts at US Capital Advisors decreased their Q4 2025 EPS estimates for Enbridge in a report issued on Monday, February 2nd. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $0.77 per share for the quarter, down from their previous forecast of $0.78. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. US Capital Advisors also issued estimates for Enbridge’s Q1 2026 earnings at $0.97 EPS, Q2 2026 earnings at $0.61 EPS, Q3 2026 earnings at $0.54 EPS, Q4 2026 earnings at $0.81 EPS and FY2026 earnings at $2.93 EPS.

A number of other analysts have also recently commented on ENB. ATB Capital set a C$72.00 target price on shares of Enbridge and gave the company an “outperform” rating in a report on Tuesday, December 23rd. JPMorgan Chase & Co. downgraded shares of Enbridge from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from C$74.00 to C$69.00 in a research report on Tuesday, January 27th. Cibc World Mkts lowered shares of Enbridge from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Scotiabank upgraded shares of Enbridge from a “sector perform” rating to a “sector outperform” rating and upped their price target for the stock from C$70.00 to C$73.00 in a research report on Friday, January 16th. Finally, Raymond James Financial increased their target price on Enbridge from C$74.00 to C$76.00 in a research report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Enbridge has an average rating of “Moderate Buy” and an average target price of C$71.31.

Enbridge Stock Performance

Shares of ENB opened at C$69.14 on Wednesday. The company has a 50-day simple moving average of C$65.54 and a two-hundred day simple moving average of C$66.08. The company has a debt-to-equity ratio of 144.86, a current ratio of 0.62 and a quick ratio of 0.44. The firm has a market capitalization of C$150.93 billion, a PE ratio of 27.11, a price-to-earnings-growth ratio of 1.72 and a beta of 0.95. Enbridge has a one year low of C$56.51 and a one year high of C$70.39.

Enbridge (TSE:ENB) (NYSE:ENB) last announced its earnings results on Friday, November 7th. The company reported C$0.46 earnings per share for the quarter. Enbridge had a net margin of 13.75% and a return on equity of 10.30%. The firm had revenue of C$14.64 billion for the quarter.

Enbridge Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, December 1st were given a dividend of $0.9425 per share. This represents a $3.77 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date was Friday, November 14th. Enbridge’s dividend payout ratio is currently 146.76%.

Key Headlines Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors nudged up its Q4 2026 EPS forecast to $0.81 from $0.80, a small upside to the near‑term quarterly outlook that can be read as a modest positive signal for upcoming results.
• Positive Sentiment: Enbridge Gas announced planned summer work to prevent natural‑gas disruptions in Cochenour, Ontario — an operational reliability move that lowers outage risk and regulatory/ reputational exposure in the region. Enbridge Gas plans summer work to prevent natural gas disruptions in Cochenour, Ont.
• Negative Sentiment: US Capital Advisors issued a series of downward revisions across multiple periods: FY2026 EPS lowered to $2.93 from $3.03, FY2027 to $3.00 from $3.08, and cuts to Q1–Q3–Q2 2026 quarter estimates (e.g., Q1 to $0.97 from $1.00; Q2 to $0.61 from $0.65; Q3 to $0.54 from $0.57). They also trimmed Q4 2025 to $0.77 (from $0.78). These downgrades — and the fact consensus full‑year EPS sits around $3.51 — signal weaker near‑term earnings momentum and could weigh on valuation and dividend growth expectations if other firms follow suit.

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.