US Capital Advisors Estimates Enbridge FY2027 Earnings

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Investment analysts at US Capital Advisors decreased their FY2027 earnings estimates for Enbridge in a report issued on Monday, February 2nd. US Capital Advisors analyst J. Carreker now expects that the company will earn $3.00 per share for the year, down from their prior estimate of $3.08. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share.

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

Several other equities analysts have also commented on ENB. ATB Capital set a C$72.00 target price on Enbridge and gave the company an “outperform” rating in a report on Tuesday, December 23rd. JPMorgan Chase & Co. cut Enbridge from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from C$74.00 to C$69.00 in a research report on Tuesday, January 27th. National Bankshares increased their price objective on Enbridge from C$66.00 to C$71.00 and gave the company a “sector perform” rating in a report on Wednesday, December 17th. Scotiabank raised Enbridge from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from C$70.00 to C$73.00 in a research report on Friday, January 16th. Finally, Canadian Imperial Bank of Commerce decreased their target price on Enbridge from C$71.00 to C$69.00 in a research note on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$71.31.

Enbridge Price Performance

Shares of ENB opened at C$68.74 on Thursday. The firm has a market capitalization of C$150.06 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 1.72 and a beta of 0.95. The firm’s fifty day simple moving average is C$65.56 and its 200-day simple moving average is C$66.13. Enbridge has a twelve month low of C$56.51 and a twelve month high of C$70.39. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 144.86.

Enbridge Announces Dividend

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

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.