FY2026 Earnings Estimate for TC Energy Issued By Scotiabank

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for TC Energy in a research note issued on Wednesday, January 8th. Scotiabank analyst R. Hope expects that the pipeline company will post earnings of $2.73 per share for the year. The consensus estimate for TC Energy’s current full-year earnings is $3.00 per share.

Several other research analysts have also recently issued reports on TRP. StockNews.com began coverage on TC Energy in a research note on Wednesday, December 4th. They issued a “hold” rating for the company. JPMorgan Chase & Co. raised shares of TC Energy from a “neutral” rating to an “overweight” rating in a research report on Monday, October 14th. BMO Capital Markets upped their price objective on shares of TC Energy from $66.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, November 20th. Morgan Stanley upgraded shares of TC Energy from an “underweight” rating to an “overweight” rating in a research note on Friday, October 25th. Finally, Veritas upgraded shares of TC Energy to a “strong sell” rating in a research report on Tuesday, October 8th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, TC Energy currently has an average rating of “Hold” and an average target price of $55.67.

TC Energy Stock Performance

Shares of TRP stock opened at $46.71 on Friday. The business has a fifty day moving average of $47.76 and a 200 day moving average of $45.32. TC Energy has a 1 year low of $31.83 and a 1 year high of $50.37. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.31 and a quick ratio of 1.23. The firm has a market capitalization of $48.52 billion, a price-to-earnings ratio of 12.94, a price-to-earnings-growth ratio of 3.88 and a beta of 0.82.

TC Energy (NYSE:TRP) (TSE:TRP) last issued its quarterly earnings results on Thursday, November 7th. The pipeline company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.06. TC Energy had a net margin of 31.15% and a return on equity of 12.92%. The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.83 billion.

Hedge Funds Weigh In On TC Energy

Several institutional investors and hedge funds have recently modified their holdings of the business. Fortitude Family Office LLC acquired a new stake in TC Energy in the third quarter valued at approximately $28,000. Blue Trust Inc. lifted its position in shares of TC Energy by 72.0% during the 3rd quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock valued at $30,000 after buying an additional 267 shares in the last quarter. Versant Capital Management Inc acquired a new stake in TC Energy in the 4th quarter valued at $33,000. Point72 DIFC Ltd purchased a new stake in TC Energy in the 3rd quarter worth $39,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in TC Energy during the second quarter worth $51,000. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a dividend of $0.822 per share. This represents a $3.29 annualized dividend and a yield of 7.04%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a positive change from TC Energy’s previous quarterly dividend of $0.70. TC Energy’s dividend payout ratio (DPR) is currently 67.31%.

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.