Research Analysts Offer Predictions for Enbridge Q2 Earnings

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Analysts at Atb Cap Markets cut their Q2 2025 EPS estimates for Enbridge in a note issued to investors on Sunday, November 3rd. Atb Cap Markets analyst N. Heywood now anticipates that the pipeline company will post earnings per share of $0.50 for the quarter, down from their previous forecast of $0.52. The consensus estimate for Enbridge’s current full-year earnings is $2.07 per share. Atb Cap Markets also issued estimates for Enbridge’s Q3 2025 earnings at $0.45 EPS.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its quarterly earnings data on Friday, August 2nd. The pipeline company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.13. The firm had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Enbridge had a net margin of 13.54% and a return on equity of 9.99%. During the same period in the previous year, the company posted $0.51 EPS.

Other equities analysts have also recently issued research reports about the company. Jefferies Financial Group cut Enbridge from a “buy” rating to a “hold” rating in a research note on Monday, September 30th. Morgan Stanley began coverage on shares of Enbridge in a research note on Friday, October 25th. They issued an “equal weight” rating on the stock.

Enbridge Stock Performance

Shares of ENB stock opened at $40.83 on Tuesday. The company has a market capitalization of $88.92 billion, a price-to-earnings ratio of 18.90, a P/E/G ratio of 3.91 and a beta of 0.93. Enbridge has a 1-year low of $32.76 and a 1-year high of $42.16. The company has a current ratio of 0.77, a quick ratio of 0.68 and a debt-to-equity ratio of 1.34. The stock’s fifty day simple moving average is $40.75 and its 200-day simple moving average is $38.05.

Institutional Investors Weigh In On Enbridge

Large investors have recently made changes to their positions in the company. Pathway Financial Advisers LLC boosted its stake in shares of Enbridge by 4,120.0% during the 3rd quarter. Pathway Financial Advisers LLC now owns 4,571,669 shares of the pipeline company’s stock worth $185,655,000 after acquiring an additional 4,463,335 shares in the last quarter. M&G Plc bought a new position in shares of Enbridge in the first quarter worth about $152,843,000. Cibc World Market Inc. boosted its stake in shares of Enbridge by 12.8% in the 2nd quarter. Cibc World Market Inc. now owns 32,531,675 shares of the pipeline company’s stock valued at $1,157,802,000 after purchasing an additional 3,693,495 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in Enbridge by 66.9% during the first quarter. Canada Pension Plan Investment Board now owns 9,044,864 shares of the pipeline company’s stock worth $327,172,000 after buying an additional 3,624,089 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of Enbridge by 11.3% in the 1st quarter. National Bank of Canada FI now owns 21,664,748 shares of the pipeline company’s stock valued at $818,370,000 after buying an additional 2,203,123 shares during the period. Institutional investors own 54.60% of the company’s stock.

Enbridge Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Stockholders of record on Friday, November 15th will be issued a dividend of $0.676 per share. This represents a $2.70 annualized dividend and a dividend yield of 6.62%. This is a positive change from Enbridge’s previous quarterly dividend of $0.67. The ex-dividend date is Friday, November 15th. Enbridge’s payout ratio is currently 122.22%.

About Enbridge

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.