TC Energy FY2026 EPS Lowered by National Bank Financial

TC Energy Co. (TSE:TRP) (NYSE:TRP) – National Bank Financial lowered their FY2026 earnings per share (EPS) estimates for TC Energy in a research report issued on Monday, February 17th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings of $4.21 per share for the year, down from their previous forecast of $4.26. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

Several other research analysts also recently commented on TRP. US Capital Advisors upgraded TC Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, February 3rd. CIBC lifted their price objective on TC Energy from C$68.00 to C$70.00 and gave the stock a “neutral” rating in a report on Thursday, January 9th. Morgan Joseph upgraded TC Energy from an “underweight” rating to an “overweight” rating and lifted their price objective for the stock from C$62.00 to C$78.00 in a report on Friday, October 25th. Jefferies Financial Group boosted their price target on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Finally, TD Securities set a C$73.00 price target on TC Energy and gave the company a “buy” rating in a report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$73.25.

TC Energy Trading Up 1.0 %

Shares of TRP stock opened at C$65.77 on Wednesday. The firm has a market cap of C$67.82 billion, a P/E ratio of 13.08, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. The business has a 50-day moving average price of C$66.84 and a two-hundred day moving average price of C$64.91. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. TC Energy has a 12-month low of C$43.83 and a 12-month high of C$70.32.

Insiders Place Their Bets

In other news, Senior Officer Stanley G. Chapman Iii sold 267,435 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of C$66.51, for a total value of C$17,785,898.39. Also, Director Alexander (Alex) Oehler purchased 6,540 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was bought at an average cost of C$66.05 per share, for a total transaction of C$431,947.64. In the last quarter, insiders have sold 272,935 shares of company stock worth $18,128,828. Company insiders own 0.03% of the company’s stock.

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.