What is Scotiabank’s Forecast for Enbridge FY2027 Earnings?

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Investment analysts at Scotiabank raised their FY2027 EPS estimates for Enbridge in a research note issued to investors on Thursday, February 19th. Scotiabank analyst R. Hope now forecasts that the pipeline company will earn $2.46 per share for the year, up from their prior estimate of $2.39. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share.

A number of other equities research analysts have also recently issued reports on ENB. Weiss Ratings upgraded shares of Enbridge from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Citigroup reissued a “buy” rating on shares of Enbridge in a research report on Thursday. BMO Capital Markets reaffirmed a “market perform” rating on shares of Enbridge in a report on Tuesday. TD Securities downgraded Enbridge from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Zacks Research raised Enbridge from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $65.00.

Enbridge Trading Down 0.2%

NYSE:ENB opened at $51.50 on Friday. Enbridge has a 12 month low of $39.73 and a 12 month high of $54.19. The company’s 50 day moving average is $48.39 and its 200-day moving average is $48.18. The company has a quick ratio of 0.68, a current ratio of 0.63 and a debt-to-equity ratio of 1.70. The firm has a market cap of $112.35 billion, a price-to-earnings ratio of 22.39 and a beta of 0.69.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its earnings results on Friday, February 13th. The pipeline company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.03. The company had revenue of $17.18 billion for the quarter, compared to analyst estimates of $9.10 billion. Enbridge had a return on equity of 11.19% and a net margin of 11.30%.During the same period last year, the company earned $0.75 earnings per share.

Enbridge Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Tuesday, February 17th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a boost from Enbridge’s previous quarterly dividend of $0.94. Enbridge’s payout ratio is 120.87%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Tsfg LLC increased its holdings in Enbridge by 329.6% in the 3rd quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock valued at $25,000 after buying an additional 379 shares during the period. Whipplewood Advisors LLC boosted its position in shares of Enbridge by 112.4% during the 2nd quarter. Whipplewood Advisors LLC now owns 582 shares of the pipeline company’s stock valued at $26,000 after acquiring an additional 308 shares in the last quarter. Triumph Capital Management bought a new stake in Enbridge in the third quarter valued at about $26,000. Highline Wealth Partners LLC increased its stake in Enbridge by 73.1% in the third quarter. Highline Wealth Partners LLC now owns 559 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 236 shares during the period. Finally, Turning Point Benefit Group Inc. acquired a new position in Enbridge in the third quarter worth about $28,000. 54.60% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Scotiabank raised its FY2027 EPS estimate for Enbridge (from $2.39 to $2.46) and keeps an Outperform rating, citing brighter prospects later in the fiscal year — a direct analyst upgrade that supports higher target valuations. Why Enbridge (NYSE:ENB) Scotiabank See Brighter Later Fiscal Year Prospects?
• Positive Sentiment: RBC analyst publicly said Enbridge’s stock price is expected to rise, reinforcing buy-side analyst momentum that can lift sentiment and demand. Enbridge (NYSE:ENB) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says
• Positive Sentiment: Coverage pieces highlight Enbridge’s steady take-or-pay cash flows, rising EBITDA and a 31‑year dividend increase streak; the stock is up ~23% over the past year on that stability — factors that attract income and utility-style investors. Enbridge Shares Up 22.9% in a Year: Should You Buy the Stock or Wait?
• Positive Sentiment: News roundups note Enbridge reported strong Q4 profit gains (beating EPS expectations and showing large revenue), supporting near-term fundamentals and dividend coverage. Stock news for investors: Mixed Q4 results with big profit gains for Enbridge, Nutrien, and Cenovus
• Positive Sentiment: Investor-oriented outlets list Enbridge as a long-term dividend holding, reinforcing buy-and-hold demand from income investors. 2 Dividend Stocks to Hold for the Next 5 Years
• Neutral Sentiment: General coverage flags Enbridge as a trending stock and summarizes key facts (dividend history, cash‑flow profile, leverage), useful context but not a fresh catalyst. Enbridge Inc (ENB) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Unusually large put-option volume was recorded (over 20,000 puts bought in a session, a >1,000% jump vs. average), indicating elevated hedging or bearish positioning that can add near-term selling pressure or volatility.

Enbridge Company Profile

Enbridge Inc is a Calgary, Alberta–based energy infrastructure company that develops, owns and operates a diversified portfolio of energy transportation, distribution and generation assets. Its core activities include the operation of crude oil and liquids pipelines, natural gas transmission and distribution systems, and energy storage facilities. In addition to midstream transportation and storage, Enbridge has expanded into renewable power generation and energy transition projects, including wind, solar and utility-scale generation assets.

The company serves customers primarily in Canada and the United States and has interests in other international energy projects.