US Capital Advisors Forecasts Lower Earnings for TC Energy

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – Analysts at US Capital Advisors lowered their Q2 2026 earnings estimates for shares of TC Energy in a report released on Friday, May 29th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings per share of $0.53 for the quarter, down from their prior forecast of $0.54. The consensus estimate for TC Energy’s current full-year earnings is $2.75 per share. US Capital Advisors also issued estimates for TC Energy’s Q4 2026 earnings at $0.69 EPS.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its quarterly earnings results on Friday, May 1st. The pipeline company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.20 billion. TC Energy had a net margin of 22.22% and a return on equity of 10.74%. During the same quarter last year, the business earned $0.95 EPS.

A number of other equities analysts have also weighed in on the stock. Citigroup reiterated a “neutral” rating on shares of TC Energy in a report on Thursday, February 19th. National Bank Financial upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. Raymond James Financial raised shares of TC Energy to a “hold” rating in a research note on Tuesday, February 17th. BMO Capital Markets reissued an “outperform” rating on shares of TC Energy in a research note on Monday, May 4th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of TC Energy in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $78.50.

TC Energy Stock Down 0.8%

Shares of TRP opened at $66.11 on Tuesday. The firm has a market cap of $66.11 billion, a PE ratio of 28.69 and a beta of 0.66. The company’s fifty day moving average is $64.74 and its two-hundred day moving average is $60.18. TC Energy has a fifty-two week low of $46.29 and a fifty-two week high of $71.47. The company has a quick ratio of 0.57, a current ratio of 0.65 and a debt-to-equity ratio of 1.67.

TC Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid a dividend of $0.8775 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.51 annualized dividend and a yield of 5.3%. TC Energy’s payout ratio is 112.17%.

Institutional Investors Weigh In On TC Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TRP. AQR Capital Management LLC increased its stake in TC Energy by 54.0% during the 1st quarter. AQR Capital Management LLC now owns 11,099 shares of the pipeline company’s stock worth $538,000 after buying an additional 3,892 shares during the period. Focus Partners Wealth increased its stake in TC Energy by 46.1% during the 1st quarter. Focus Partners Wealth now owns 12,446 shares of the pipeline company’s stock worth $588,000 after buying an additional 3,929 shares during the period. Intech Investment Management LLC increased its stake in TC Energy by 200.7% during the 1st quarter. Intech Investment Management LLC now owns 26,878 shares of the pipeline company’s stock worth $1,269,000 after buying an additional 17,939 shares during the period. EverSource Wealth Advisors LLC increased its stake in TC Energy by 50.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,706 shares of the pipeline company’s stock worth $181,000 after buying an additional 1,243 shares during the period. Finally, Guggenheim Capital LLC increased its stake in TC Energy by 9.9% during the 2nd quarter. Guggenheim Capital LLC now owns 16,758 shares of the pipeline company’s stock worth $818,000 after buying an additional 1,511 shares during the period. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Company Profile

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.