Analysts Set Expectations for TC Energy FY2026 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Investment analysts at National Bank Financial issued their FY2026 EPS estimates for TC Energy in a research note issued on Monday, January 6th. National Bank Financial analyst P. Kenny expects that the company will post earnings of $4.26 per share for the year. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. National Bank Financial also issued estimates for TC Energy’s FY2027 earnings at $4.39 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last released its quarterly earnings data on Thursday, November 7th. The company reported C$1.03 earnings per share for the quarter, beating the consensus estimate of C$0.97 by C$0.06. TC Energy had a net margin of 21.38% and a return on equity of 10.68%. The firm had revenue of C$4.08 billion during the quarter, compared to analysts’ expectations of C$3.90 billion.

Other analysts have also recently issued reports about the stock. CIBC upped their target price on shares of TC Energy from C$67.00 to C$68.00 in a report on Wednesday, November 20th. JPMorgan Chase & Co. upped their target price on shares of TC Energy from C$70.00 to C$79.00 in a report on Monday, November 18th. National Bankshares upped their target price on shares of TC Energy from C$70.00 to C$71.00 in a report on Wednesday, November 20th. Morgan Joseph raised shares of TC Energy from an “underweight” rating to an “overweight” rating and upped their target price for the company from C$62.00 to C$78.00 in a report on Friday, October 25th. Finally, Jefferies Financial Group upped their target price on shares of TC Energy from C$64.00 to C$65.00 in a report on Wednesday, November 20th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, TC Energy has a consensus rating of “Hold” and an average target price of C$69.77.

TC Energy Stock Up 0.2 %

TRP opened at C$68.68 on Thursday. TC Energy has a twelve month low of C$43.83 and a twelve month high of C$70.32. The stock has a market capitalization of C$71.43 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 1.69 and a beta of 0.82. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 160.84. The firm has a 50 day moving average price of C$67.43 and a 200-day moving average price of C$62.18.

Insider Buying and Selling

In other news, Senior Officer Stanley G. Chapman Iii sold 267,435 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of C$66.51, for a total value of C$17,785,898.39. Also, Director Alexander (Alex) Oehler bought 6,540 shares of the stock in a transaction dated Monday, December 30th. The stock was purchased at an average price of C$66.05 per share, with a total value of C$431,947.64. Over the last quarter, insiders sold 420,911 shares of company stock worth $28,259,105. 0.03% of the stock is owned by insiders.

TC Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a dividend of $1.113 per share. This is a positive change from TC Energy’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $4.45 dividend on an annualized basis and a dividend yield of 6.48%. TC Energy’s dividend payout ratio is currently 116.01%.

About TC Energy

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.