US Capital Advisors Predicts Stronger Earnings for TC Energy

TC Energy Corporation (NYSE:TRPFree Report) (TSE:TRP) – Research analysts at US Capital Advisors increased their FY2026 earnings per share estimates for shares of TC Energy in a research note issued on Monday, February 2nd. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings per share of $2.54 for the year, up from their prior estimate of $2.50. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share.

TC Energy (NYSE:TRPGet Free Report) (TSE:TRP) last announced its quarterly earnings results on Thursday, November 6th. The pipeline company reported $0.56 EPS for the quarter, meeting the consensus estimate of $0.56. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $2.63 billion. TC Energy had a return on equity of 10.61% and a net margin of 23.86%.During the same quarter last year, the company posted $1.03 earnings per share.

A number of other analysts have also issued reports on the company. BMO Capital Markets raised TC Energy from a “market perform” rating to an “outperform” rating in a report on Friday, November 7th. Cibc World Mkts downgraded shares of TC Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Barclays reiterated an “overweight” rating on shares of TC Energy in a research note on Tuesday, October 14th. Citigroup restated a “neutral” rating on shares of TC Energy in a report on Thursday, November 20th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TC Energy in a research note on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $84.00.

Check Out Our Latest Analysis on TRP

TC Energy Stock Performance

Shares of TRP opened at $58.38 on Tuesday. The company has a market capitalization of $60.76 billion, a PE ratio of 25.16 and a beta of 0.72. The company’s fifty day moving average price is $55.01 and its 200 day moving average price is $52.75. TC Energy has a one year low of $43.51 and a one year high of $59.44. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.63 and a quick ratio of 0.56.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Trust Co. of Vermont acquired a new position in shares of TC Energy during the fourth quarter valued at $28,000. Hilltop National Bank bought a new position in shares of TC Energy in the 2nd quarter valued at about $32,000. Westside Investment Management Inc. grew its position in shares of TC Energy by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 594 shares of the pipeline company’s stock worth $32,000 after buying an additional 297 shares during the period. McIlrath & Eck LLC bought a new position in TC Energy in the fourth quarter valued at approximately $32,000. Finally, SWAN Capital LLC bought a new position in TC Energy in the third quarter valued at approximately $40,000. Institutional investors and hedge funds own 83.13% of the company’s stock.

About TC Energy

(Get Free Report)

TC Energy (NYSE: TRP) is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent.

The company’s principal businesses include long‑distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation.

Recommended Stories

Earnings History and Estimates for TC Energy (NYSE:TRP)

Receive News & Ratings for TC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TC Energy and related companies with MarketBeat.com's FREE daily email newsletter.