FY2026 Earnings Forecast for Enbridge Issued By Scotiabank

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Stock analysts at Scotiabank reduced their FY2026 EPS estimates for shares of Enbridge in a research report issued on Thursday, February 19th. Scotiabank analyst R. Hope now expects that the company will post earnings of $3.08 per share for the year, down from their previous estimate of $3.09. Scotiabank currently has a “Outperform” rating and a $77.00 price objective on the stock. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. Scotiabank also issued estimates for Enbridge’s FY2027 earnings at $3.37 EPS.

ENB has been the subject of a number of other reports. Jefferies Financial Group cut Enbridge from a “buy” rating to a “hold” rating and upped their price target for the company from C$71.00 to C$76.00 in a research note on Tuesday, February 17th. ATB Cormark Capital Markets lifted their price objective on shares of Enbridge from C$72.00 to C$78.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. BMO Capital Markets upped their target price on shares of Enbridge from C$67.00 to C$70.00 in a research note on Thursday, December 4th. Royal Bank Of Canada increased their target price on shares of Enbridge from C$72.00 to C$76.00 and gave the stock an “outperform” rating in a report on Tuesday, February 17th. Finally, Canadian Imperial Bank of Commerce reduced their price target on shares of Enbridge from C$71.00 to C$69.00 in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$73.31.

Enbridge Trading Down 0.1%

TSE:ENB opened at C$70.55 on Friday. Enbridge has a 1-year low of C$56.51 and a 1-year high of C$73.71. The business’s 50-day moving average price is C$66.39 and its two-hundred day moving average price is C$66.73. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 144.86. The firm has a market capitalization of C$153.93 billion, a price-to-earnings ratio of 21.91, a PEG ratio of 1.72 and a beta of 0.95.

Enbridge (TSE:ENB) (NYSE:ENB) last posted its quarterly earnings results on Friday, February 13th. The company reported C$0.88 earnings per share (EPS) for the quarter. Enbridge had a return on equity of 10.30% and a net margin of 13.75%.The business had revenue of C$17.18 billion for the quarter.

Enbridge Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Sunday, March 1st will be issued a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 5.5%. This is a boost from Enbridge’s previous quarterly dividend of $0.94. The ex-dividend date is Tuesday, February 17th. Enbridge’s dividend payout ratio is currently 117.08%.

Enbridge News Roundup

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Q4 results beat estimates: stronger pipeline and gas performance drove revenue growth and Enbridge reaffirmed its 2026 outlook, which supports the stock’s fundamentals despite weaker renewables results. Enbridge Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
• Positive Sentiment: Scotiabank raised its price target to C$77 and nudged FY2027 EPS higher (to $3.37), keeping an Outperform rating — a supportive analyst read on medium‑term earnings. Scotiabank Raises Enbridge (TSE:ENB) Price Target to C$77.00
• Positive Sentiment: ATB Cormark increased its target to C$78, signalling additional analyst conviction behind ENB’s valuation and dividend story. ATB Cormark Capital Markets Increases Enbridge (TSE:ENB) Price Target to C$78.00
• Positive Sentiment: Raymond James raised its price target to C$77, another incremental vote of confidence from the sell side. Raymond James Financial Raises Enbridge (TSE:ENB) Price Target to C$77.00
• Positive Sentiment: National Bank Financial lifted its target to C$72, adding to the cluster of upward revisions from banks. National Bank Financial Increases Enbridge (TSE:ENB) Price Target to C$72.00
• Positive Sentiment: E Split Corp. (a fund that holds Enbridge exposure) is boosting its monthly distribution, citing continued dividend growth from Enbridge — a thumbs‑up for ENB’s cash yield credibility. E Split Corp. Announces Increase to Class A Distribution Rate
• Neutral Sentiment: Zacks/Yahoo note that ENB is a trending stock among retail users — increased attention can amplify moves but is not a directional catalyst by itself. Enbridge Inc (ENB) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: A market piece highlighting ENB’s 22.9% one‑year gain underscores strong recent performance and the stock’s income appeal; useful context but not an immediate catalyst. Enbridge Shares Up 22.9% in a Year: Should You Buy the Stock or Wait?
• Neutral Sentiment: Scotiabank also made a tiny downward tweak to FY2026 EPS (from $3.09 to $3.08) — immaterial on its own but noted among mixed analyst commentary. Scotiabank Cuts FY2026 Estimate for Enbridge
• Negative Sentiment: TD Securities downgraded Enbridge to a Hold, which can pressure the stock by reducing near‑term conviction from a major Canadian dealer. Enbridge (TSE:ENB) Rating Lowered to “Hold” at TD Securities
• Negative Sentiment: Jefferies cut Enbridge to Hold, adding to downside pressure from a couple of sell‑side downgrades. Jefferies Financial Group Downgrades Enbridge (TSE:ENB) to Hold

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.