US Capital Advisors Expects Higher Earnings for Enbridge

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Research analysts at US Capital Advisors raised their Q1 2026 earnings estimates for Enbridge in a report released on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will post earnings of $0.69 per share for the quarter, up from their previous forecast of $0.67. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge’s FY2026 earnings at $2.23 EPS.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its quarterly earnings data on Friday, May 9th. The pipeline company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.68 by $0.04. Enbridge had a net margin of 10.04% and a return on equity of 10.16%. The business had revenue of $7.27 billion for the quarter, compared to analyst estimates of $10.20 billion. During the same quarter in the previous year, the firm posted $0.92 earnings per share.

Several other equities research analysts have also commented on the stock. CIBC reissued an “outperform” rating on shares of Enbridge in a research note on Wednesday, March 5th. Royal Bank of Canada reissued an “outperform” rating and set a $67.00 price objective on shares of Enbridge in a research note on Monday, May 12th. BMO Capital Markets reissued a “market perform” rating on shares of Enbridge in a research note on Monday, May 12th. Raymond James raised shares of Enbridge to a “moderate buy” rating in a report on Wednesday, April 23rd. Finally, National Bankshares reaffirmed a “sector perform” rating on shares of Enbridge in a report on Monday, May 12th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Enbridge presently has an average rating of “Hold” and an average target price of $67.00.

Enbridge Trading Up 0.0%

NYSE:ENB opened at $45.62 on Wednesday. Enbridge has a one year low of $34.60 and a one year high of $47.08. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.55 and a quick ratio of 0.54. The company’s 50-day simple moving average is $44.65 and its 200 day simple moving average is $43.53. The firm has a market capitalization of $99.44 billion, a P/E ratio of 26.52, a PEG ratio of 3.92 and a beta of 0.84.

Enbridge Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Thursday, May 15th will be issued a $0.679 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This is a boost from Enbridge’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a yield of 5.95%. Enbridge’s payout ratio is 139.69%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Enbridge during the fourth quarter valued at approximately $909,415,000. Goldman Sachs Group Inc. raised its holdings in shares of Enbridge by 137.9% during the first quarter. Goldman Sachs Group Inc. now owns 32,907,433 shares of the pipeline company’s stock valued at $1,458,128,000 after purchasing an additional 19,074,827 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Enbridge by 396.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 12,047,004 shares of the pipeline company’s stock valued at $510,816,000 after purchasing an additional 9,621,425 shares during the last quarter. Blackstone Inc. raised its holdings in shares of Enbridge by 650.7% during the fourth quarter. Blackstone Inc. now owns 5,718,089 shares of the pipeline company’s stock valued at $242,619,000 after purchasing an additional 4,956,379 shares during the last quarter. Finally, Nuveen LLC purchased a new position in shares of Enbridge during the first quarter valued at approximately $208,490,000. 54.60% of the stock is owned by hedge funds and other institutional investors.

Enbridge Company Profile

Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.