FY2026 Earnings Estimate for TC Energy Issued By Scotiabank

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Equities researchers at Scotiabank issued their FY2026 EPS estimates for TC Energy in a research report issued on Wednesday, January 8th. Scotiabank analyst R. Hope forecasts that the pipeline company will post earnings of $2.73 per share for the year. The consensus estimate for TC Energy’s current full-year earnings is $3.00 per share.

TC Energy (NYSE:TRP) (TSE:TRP) last issued its quarterly earnings results on Thursday, November 7th. The pipeline company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.06. The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.83 billion. TC Energy had a return on equity of 12.92% and a net margin of 31.15%.

A number of other brokerages have also weighed in on TRP. Veritas raised TC Energy to a “strong sell” rating in a report on Tuesday, October 8th. The Goldman Sachs Group lifted their price target on TC Energy from $38.00 to $42.00 and gave the company a “sell” rating in a research note on Monday, October 21st. Morgan Stanley upgraded shares of TC Energy from an “underweight” rating to an “overweight” rating in a research report on Friday, October 25th. BMO Capital Markets raised their price objective on TC Energy from $66.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised TC Energy from a “neutral” rating to an “overweight” rating in a report on Monday, October 14th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $55.67.

TC Energy Stock Up 0.0 %

Shares of NYSE:TRP opened at $47.78 on Friday. TC Energy has a fifty-two week low of $31.83 and a fifty-two week high of $50.37. The company has a quick ratio of 1.23, a current ratio of 1.31 and a debt-to-equity ratio of 1.78. The firm’s 50-day simple moving average is $47.75 and its 200-day simple moving average is $45.23. The company has a market cap of $49.63 billion, a price-to-earnings ratio of 13.24, a PEG ratio of 3.88 and a beta of 0.82.

Institutional Trading of TC Energy

A number of large investors have recently made changes to their positions in TRP. Fortitude Family Office LLC acquired a new stake in shares of TC Energy during the 3rd quarter worth about $28,000. Blue Trust Inc. raised its holdings in TC Energy by 72.0% in the 3rd quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 267 shares during the last quarter. Versant Capital Management Inc acquired a new stake in shares of TC Energy during the fourth quarter worth $33,000. Point72 DIFC Ltd acquired a new position in TC Energy in the third quarter valued at $39,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in TC Energy during the second quarter worth about $51,000. Institutional investors and hedge funds own 83.13% of the company’s stock.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be issued a $0.822 dividend. This represents a $3.29 dividend on an annualized basis and a dividend yield of 6.88%. This is a boost from TC Energy’s previous quarterly dividend of $0.70. The ex-dividend date is Tuesday, December 31st. TC Energy’s payout ratio is 67.31%.

TC Energy Company Profile

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.