Analysts Set Expectations for TC Energy FY2026 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Equities researchers at National Bank Financial issued their FY2026 earnings estimates for shares of TC Energy in a research note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny anticipates that the company will post earnings per share of $4.26 for the year. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. National Bank Financial also issued estimates for TC Energy’s FY2027 earnings at $4.39 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last released its earnings results on Thursday, November 7th. The company reported C$1.03 EPS for the quarter, topping analysts’ consensus estimates of C$0.97 by C$0.06. The company had revenue of C$4.08 billion during the quarter, compared to analysts’ expectations of C$3.90 billion. TC Energy had a net margin of 21.38% and a return on equity of 10.68%.

Several other analysts have also recently commented on the stock. Barclays lifted their price objective on shares of TC Energy from C$67.00 to C$74.00 in a research note on Wednesday, November 20th. Jefferies Financial Group increased their price target on shares of TC Energy from C$64.00 to C$65.00 in a report on Wednesday, November 20th. Raymond James upgraded shares of TC Energy to a “hold” rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. upped their price objective on shares of TC Energy from C$70.00 to C$79.00 in a research report on Monday, November 18th. Finally, National Bankshares increased their target price on shares of TC Energy from C$70.00 to C$71.00 in a research report on Wednesday, November 20th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, TC Energy presently has a consensus rating of “Hold” and a consensus target price of C$69.77.

TC Energy Stock Up 0.2 %

TRP stock opened at C$68.68 on Thursday. The firm has a 50 day moving average of C$67.43 and a 200 day moving average of C$62.18. The stock has a market capitalization of C$71.43 billion, a PE ratio of 20.75, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 160.84. TC Energy has a 52 week low of C$43.83 and a 52 week high of C$70.32.

Insiders Place Their Bets

In related news, Director Trevor Ebl sold 9,554 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$68.48, for a total value of C$654,219.70. Also, Director Alexander (Alex) Oehler bought 6,540 shares of TC Energy stock in a transaction that occurred on Monday, December 30th. The stock was purchased at an average cost of C$66.05 per share, for a total transaction of C$431,947.64. Insiders sold a total of 420,911 shares of company stock valued at $28,259,105 over the last 90 days. 0.03% of the stock is owned by company insiders.

TC Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be paid a dividend of $1.113 per share. This represents a $4.45 annualized dividend and a yield of 6.48%. The ex-dividend date is Tuesday, December 31st. This is a positive change from TC Energy’s previous quarterly dividend of $0.96. TC Energy’s dividend payout ratio (DPR) is 116.01%.

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.