What is Atb Cap Markets’ Estimate for Enbridge Q4 Earnings?

Enbridge Inc. (TSE:ENB) (NYSE:ENB) – Stock analysts at Atb Cap Markets issued their Q4 2024 earnings per share estimates for Enbridge in a research note issued on Sunday, November 3rd. Atb Cap Markets analyst N. Heywood expects that the company will post earnings of $0.71 per share for the quarter. The consensus estimate for Enbridge’s current full-year earnings is $3.51 per share. Atb Cap Markets also issued estimates for Enbridge’s Q1 2025 earnings at $0.93 EPS, Q4 2025 earnings at $0.82 EPS, FY2025 earnings at $3.06 EPS and FY2026 earnings at $3.27 EPS.

ENB has been the topic of a number of other reports. Jefferies Financial Group lowered shares of Enbridge from a “buy” rating to a “hold” rating and boosted their price objective for the company from C$55.00 to C$58.00 in a report on Monday, September 30th. Morgan Stanley set a C$64.00 price target on Enbridge and gave the company an “equal weight” rating in a research note on Friday, October 25th. Raymond James raised their price objective on Enbridge from C$54.00 to C$59.00 in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. upped their target price on Enbridge from C$57.00 to C$60.00 and gave the company a “buy” rating in a research report on Thursday, October 3rd. Finally, BMO Capital Markets increased their price target on shares of Enbridge from C$54.00 to C$56.00 in a report on Thursday, September 5th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of C$56.92.

Enbridge Stock Up 0.1 %

TSE:ENB opened at C$56.80 on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.44 and a debt-to-equity ratio of 131.26. Enbridge has a twelve month low of C$45.05 and a twelve month high of C$58.28. The company has a market cap of C$123.82 billion, a PE ratio of 21.85, a P/E/G ratio of 1.72 and a beta of 0.90. The company’s 50 day moving average is C$55.62 and its two-hundred day moving average is C$52.00.

Insider Transactions at Enbridge

In related news, Senior Officer Maximilian Chan sold 688 shares of the company’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of C$55.20, for a total value of C$37,977.60. In related news, Senior Officer Maximilian Chan sold 688 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of C$55.20, for a total value of C$37,977.60. Also, Director Steven Walter Williams acquired 18,600 shares of the firm’s stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of C$53.74 per share, for a total transaction of C$999,564.00. Corporate insiders own 0.10% of the company’s stock.

Enbridge Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Friday, November 15th will be given a $0.915 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $3.66 dividend on an annualized basis and a dividend yield of 6.44%. Enbridge’s dividend payout ratio (DPR) is currently 140.77%.

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.