Equities Analysts Offer Predictions for Enbridge Q2 Earnings

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Analysts at US Capital Advisors dropped their Q2 2026 earnings per share (EPS) estimates for Enbridge in a research note issued to investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings per share of $0.60 for the quarter, down from their prior estimate of $0.61. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. US Capital Advisors also issued estimates for Enbridge’s Q4 2026 earnings at $0.87 EPS, Q1 2027 earnings at $1.02 EPS, Q3 2027 earnings at $0.59 EPS and Q4 2027 earnings at $0.93 EPS.

Several other analysts have also recently commented on ENB. Royal Bank Of Canada increased their price target on shares of Enbridge from C$72.00 to C$76.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. Canadian Imperial Bank of Commerce reduced their price objective on Enbridge from C$71.00 to C$69.00 in a report on Wednesday, December 17th. Scotiabank increased their price objective on Enbridge from C$73.00 to C$77.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. BMO Capital Markets lifted their target price on Enbridge from C$67.00 to C$70.00 in a research note on Thursday, December 4th. Finally, National Bank Financial boosted their target price on Enbridge from C$71.00 to C$72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$73.31.

Enbridge Trading Up 0.5%

ENB opened at C$75.29 on Tuesday. Enbridge has a 1-year low of C$56.51 and a 1-year high of C$75.72. The stock has a market capitalization of C$164.31 billion, a PE ratio of 23.38, a PEG ratio of 1.72 and a beta of 1.00. The company has a current ratio of 0.63, a quick ratio of 0.44 and a debt-to-equity ratio of 170.86. The firm has a 50-day moving average price of C$70.46 and a two-hundred day moving average price of C$67.94.

Enbridge (TSE:ENB) (NYSE:ENB) last issued its quarterly earnings results on Friday, February 13th. The company reported C$0.88 earnings per share (EPS) for the quarter. Enbridge had a net margin of 11.50% and a return on equity of 12.34%. The business had revenue of C$17.18 billion for the quarter.

Enbridge Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Sunday, March 1st were paid a $0.97 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This is a positive change from Enbridge’s previous quarterly dividend of $0.94. This represents a $3.88 annualized dividend and a yield of 5.2%. Enbridge’s payout ratio is currently 117.08%.

Key Stories Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Zacks upgraded Enbridge to a #2 (Buy), signaling growing optimism about the company’s earnings outlook — a catalyst that often attracts additional buying interest. Enbridge (ENB) Upgraded to Buy: Here’s What You Should Know
• Positive Sentiment: US Capital Advisors raised several Enbridge EPS forecasts (notably FY2026 from $2.93 to $3.02 and FY2027 from $3.00 to $3.15) and lifted certain quarterly estimates, improving near‑term earnings expectations and supporting valuation. ENB analyst note (MarketBeat)
• Positive Sentiment: Enbridge highlighted that Canadian crude re‑exports from the U.S. Gulf Coast are set to surge as pipeline projects ramp — a demand/throughput story that could lift volumes and fee‑based revenue over time. Canadian crude re-exports from Gulf Coast set to surge with pipeline projects, Enbridge says
• Neutral Sentiment: US Capital Advisors published a wide set of forward quarterly estimates (Q1–Q4 2026, Q1–Q4 2027, FY2028) that provide a refreshed modelling framework for investors but largely reflect modest, incremental changes rather than a major directional shift. ENB analyst note (MarketBeat)
• Negative Sentiment: One small downward revision: US Capital Advisors trimmed Q2 2026 EPS from $0.61 to $0.60, a minor near‑term drag though far outweighed by other upward revisions. ENB analyst note (MarketBeat)

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.