FY2026 Earnings Estimate for TC Energy Issued By Scotiabank

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of TC Energy in a research note issued on Wednesday, January 8th. Scotiabank analyst R. Hope expects that the company will post earnings per share of $3.93 for the year. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

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

Several other research analysts also recently commented on TRP. Raymond James raised TC Energy to a “hold” rating in a research report on Thursday, November 21st. Morgan Joseph raised TC Energy from an “underweight” rating to an “overweight” rating and lifted their price target for the stock from C$62.00 to C$78.00 in a research report on Friday, October 25th. CIBC lifted their price target on TC Energy from C$68.00 to C$70.00 and gave the stock a “neutral” rating in a research report on Thursday. Wells Fargo & Company lifted their price target on TC Energy from C$74.00 to C$76.00 in a research report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. lifted their price target on TC Energy from C$70.00 to C$79.00 in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$69.92.

TC Energy Stock Performance

Shares of TSE TRP opened at C$67.31 on Friday. 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 business’s 50 day moving average is C$67.57 and its two-hundred day moving average is C$62.40. The company has a market cap of C$70.00 billion, a P/E ratio of 20.34, a P/E/G ratio of 1.69 and a beta of 0.82. TC Energy has a 12 month low of C$43.83 and a 12 month high of C$70.32.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be paid a $1.113 dividend. This is a positive change from TC Energy’s previous quarterly dividend of $0.96. The ex-dividend date is Tuesday, December 31st. This represents a $4.45 annualized dividend and a yield of 6.61%. TC Energy’s payout ratio is currently 116.01%.

Insider Activity at TC Energy

In related news, Director Alexander (Alex) Oehler purchased 6,540 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were acquired at an average price of C$66.05 per share, with a total value of C$431,947.64. Also, Director Jawad Masud sold 5,000 shares of the business’s stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of C$66.50, for a total value of C$332,500.00. Insiders have sold a total of 420,911 shares of company stock valued at $28,259,105 in the last 90 days. 0.03% of the stock is owned by corporate 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.