US Capital Advisors Boosts Earnings Estimates for Enbridge

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Investment analysts at US Capital Advisors boosted their FY2026 EPS estimates for shares of Enbridge in a research note issued on Monday, March 23rd. US Capital Advisors analyst J. Carreker now expects that the pipeline company will earn $2.21 per share for the year, up from their previous forecast of $2.14. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge’s FY2028 earnings at $2.43 EPS.

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

Several other equities analysts have also commented on the company. Raymond James Financial raised Enbridge to a “moderate buy” rating in a research note on Tuesday, February 17th. Wall Street Zen raised Enbridge from a “sell” rating to a “hold” rating in a research report on Saturday. Citigroup restated a “buy” rating on shares of Enbridge in a report on Thursday, February 19th. Zacks Research raised shares of Enbridge from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. lowered shares of Enbridge from an “overweight” rating to a “neutral” rating in a research note on Tuesday, January 27th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.00.

Enbridge Trading Up 0.4%

Shares of Enbridge stock opened at $54.40 on Wednesday. The stock has a 50 day moving average of $51.35 and a 200 day moving average of $49.10. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.55 and a current ratio of 0.63. The firm has a market capitalization of $118.68 billion, a price-to-earnings ratio of 23.65 and a beta of 0.67. Enbridge has a fifty-two week low of $39.73 and a fifty-two week high of $55.11.

Institutional Investors Weigh In On Enbridge

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Enbridge by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 100,364,993 shares of the pipeline company’s stock worth $4,802,766,000 after acquiring an additional 2,067,516 shares in the last quarter. TD Asset Management Inc boosted its holdings in Enbridge by 0.3% during the 3rd quarter. TD Asset Management Inc now owns 40,021,291 shares of the pipeline company’s stock valued at $2,019,473,000 after acquiring an additional 137,897 shares during the period. Norges Bank acquired a new position in Enbridge in the 4th quarter valued at about $1,195,559,000. Geode Capital Management LLC increased its stake in Enbridge by 7.1% during the fourth quarter. Geode Capital Management LLC now owns 21,421,826 shares of the pipeline company’s stock worth $1,045,172,000 after purchasing an additional 1,415,995 shares during the period. Finally, Legal & General Group Plc increased its stake in Enbridge by 4.6% during the fourth quarter. Legal & General Group Plc now owns 19,677,864 shares of the pipeline company’s stock worth $942,806,000 after purchasing an additional 858,323 shares during the period. 54.60% of the stock is owned by institutional investors and hedge funds.

More Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Jim Cramer highlighted Enbridge as an income-growth name to buy, emphasizing its gas pipelines and dividend as the core investment case. Jim Cramer Says “You Don’t Buy Enbridge for Its LNG Exposure, You Buy It for the Gas Pipelines and the Bountiful Dividend”
• Positive Sentiment: Analyst upgrades from US Capital Advisors lifted FY2027 EPS to $2.30 (from $2.19) and raised several quarterly forecasts — a net upward revision to near-term earnings expectations that supports valuation and dividend coverage.
• Positive Sentiment: Enbridge executives at CERAWeek signaled growth in Gulf Coast re‑exports of Canadian heavy crude as pipeline projects come online, implying higher future volumes on Enbridge-connected systems. CERAWeek: Canadian crude re-exports from Gulf Coast set to surge
• Positive Sentiment: CEO Gregory Ebel publicly reiterated that infrastructure investment is central to energy affordability and said he’s open to a new Canadian west‑coast oil pipeline — comments that signal management’s willingness to pursue volume‑adding projects. Enbridge CEO Says He’s Open to New Canadian West Coast Oil Pipeline
• Neutral Sentiment: Operational update: Enbridge’s Straits Maritimes Operations Center recorded its 10,000th vessel observation — an operational/safety milestone that supports monitoring and marine throughput management but has limited direct near‑term financial impact. Enbridge Straits Maritimes Operations Center marks 10,000th vessel observation
• Neutral Sentiment: CEO media appearances (MSN/CNBC clips) reiterated the infrastructure affordability theme — useful for investor confidence but largely messaging rather than new corporate action. Enbridge CEO Ebel: Infrastructure is key to energy affordability YouTube: Enbridge CEO: Infrastructure is key to energy affordability
• Neutral Sentiment: Sector context: market commentary on the energy rally framed midstream names like ENB as defensive, volume‑driven toll‑booth plays with attractive dividends — supportive sentiment but tied to broader oil market volatility. (MarketBeat energy roundup)
• Neutral Sentiment: Valuation caution: a Seeking Alpha piece noted strong performance and bull case while warning ENB may be near peak pricing — a reminder that upside is tied to sustained volume growth and dividend stability. Enbridge Could Be At Its Peak Price

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.