Research Analysts Offer Predictions for Enbridge Q3 Earnings

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Research analysts at US Capital Advisors raised their Q3 2026 EPS estimates for Enbridge in a research note issued on Thursday, August 20th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will post earnings per share of $0.43 for the quarter, up from their previous estimate of $0.40. The consensus estimate for Enbridge’s current full-year earnings is $2.11 per share. US Capital Advisors also issued estimates for Enbridge’s Q4 2026 earnings at $0.61 EPS, Q2 2027 earnings at $0.48 EPS, Q3 2027 earnings at $0.46 EPS, Q4 2027 earnings at $0.69 EPS and FY2027 earnings at $2.41 EPS.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its earnings results on Friday, July 31st. The pipeline company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.03. Enbridge had a return on equity of 11.17% and a net margin of 7.20%.The firm had revenue of $9.70 billion for the quarter, compared to the consensus estimate of $8.67 billion. During the same quarter in the previous year, the business earned $0.65 EPS.

A number of other brokerages have also issued reports on ENB. BMO Capital Markets reiterated a “market perform” rating on shares of Enbridge in a research report on Monday, August 3rd. Raymond James Financial cut shares of Enbridge from an “outperform” rating to a “market perform” rating in a report on Friday, July 31st. Wall Street Zen raised Enbridge from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Scotiabank reaffirmed an “outperform” rating on shares of Enbridge in a research note on Tuesday, July 21st. Finally, Wolfe Research set a $50.00 price target on Enbridge in a research report on Tuesday, August 4th. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.00.

Enbridge Price Performance

Shares of ENB opened at $51.07 on Friday. Enbridge has a one year low of $45.03 and a one year high of $58.45. The stock’s fifty day moving average is $54.26 and its 200-day moving average is $54.02. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a market capitalization of $111.54 billion, a price-to-earnings ratio of 27.31 and a beta of 0.58.

Institutional Investors Weigh In On Enbridge

Several large investors have recently modified their holdings of ENB. Empowered Funds LLC increased its position in shares of Enbridge by 24.2% during the first quarter. Empowered Funds LLC now owns 110,014 shares of the pipeline company’s stock valued at $5,956,000 after purchasing an additional 21,442 shares during the period. Vanguard Group Inc. lifted its position in Enbridge by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 100,364,993 shares of the pipeline company’s stock worth $4,802,766,000 after purchasing an additional 2,067,516 shares during the period. SCS Capital Management LLC bought a new position in Enbridge in the second quarter worth $9,204,000. RNC Capital Management LLC boosted its stake in Enbridge by 1.6% during the fourth quarter. RNC Capital Management LLC now owns 1,446,697 shares of the pipeline company’s stock worth $69,196,000 after buying an additional 22,637 shares in the last quarter. Finally, Western Wealth Management LLC boosted its stake in Enbridge by 346.8% during the first quarter. Western Wealth Management LLC now owns 36,190 shares of the pipeline company’s stock worth $1,959,000 after buying an additional 28,091 shares in the last quarter. 54.60% of the stock is owned by institutional investors.

Enbridge Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $3.88 annualized dividend and a dividend yield of 7.6%. Enbridge’s dividend payout ratio is currently 147.06%.

About Enbridge

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.