What is Zacks Research’s Estimate for TC Energy Q2 Earnings?

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Zacks Research lifted their Q2 2026 EPS estimates for TC Energy in a note issued to investors on Thursday, July 3rd. Zacks Research analyst T. Saha now anticipates that the company will post earnings per share of $1.02 for the quarter, up from their prior forecast of $1.00. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy’s Q4 2026 earnings at $1.15 EPS and FY2027 earnings at $3.62 EPS.

Other equities analysts have also recently issued reports about the stock. Citigroup raised shares of TC Energy to a “hold” rating in a research report on Friday, April 4th. CIBC upped their target price on shares of TC Energy from C$71.00 to C$76.00 and gave the company an “outperform” rating in a research note on Friday, May 2nd. TD Securities increased their price objective on shares of TC Energy from C$74.00 to C$76.00 and gave the stock a “buy” rating in a research note on Friday, May 2nd. Scotiabank increased their price objective on shares of TC Energy from C$75.00 to C$77.00 and gave the stock an “outperform” rating in a research note on Friday, May 2nd. Finally, Cibc World Mkts upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 2nd. Six research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$74.17.

TC Energy Trading Down 0.2%

TRP opened at C$65.43 on Friday. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. The firm’s 50 day moving average is C$68.08 and its 200-day moving average is C$67.28. The firm has a market capitalization of C$67.47 billion, a P/E ratio of 13.01, a P/E/G ratio of 1.69 and a beta of 0.82. TC Energy has a 52-week low of C$46.07 and a 52-week high of C$71.12.

TC Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 5.20%. TC Energy’s payout ratio is 76.37%.

Insider Activity

In related news, Director Russell Mahan sold 11,424 shares of the firm’s stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$70.22, for a total transaction of C$802,193.28. Also, Director Susanne Beaton sold 8,020 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of C$70.00, for a total transaction of C$561,400.00. Insiders sold a total of 45,070 shares of company stock valued at $3,141,916 in the last ninety days. 0.03% of the stock is owned by company insiders.

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.