TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Analysts at National Bank Financial issued their FY2026 EPS estimates for TC Energy in a research report issued to clients and 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.
Several other research analysts also recently commented on the stock. ATB Capital lifted their target price on shares of TC Energy from C$64.00 to C$65.00 in a research note on Friday, November 8th. CIBC boosted their price objective on shares of TC Energy from C$68.00 to C$70.00 and gave the company a "neutral" rating in a research report on Thursday. Veritas raised TC Energy to a "strong sell" rating in a research note on Tuesday, October 8th. Royal Bank of Canada upped their price target on TC Energy from C$67.00 to C$71.00 in a research report on Friday, November 8th. Finally, UBS Group upgraded TC Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, September 30th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, TC Energy has a consensus rating of "Hold" and a consensus price target of C$69.92.
Read Our Latest Stock Report on TC Energy
TC Energy Trading Up 0.3 %
TRP traded up C$0.23 on Thursday, hitting C$68.91. 2,313,450 shares of the company were exchanged, compared to its average volume of 5,864,210. The company has a debt-to-equity ratio of 160.84, a quick ratio of 0.40 and a current ratio of 0.76. TC Energy has a 12 month low of C$43.83 and a 12 month high of C$70.32. The firm has a fifty day simple moving average of C$67.52 and a two-hundred day simple moving average of C$62.23. The stock has a market capitalization of C$71.67 billion, a PE ratio of 20.82, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82.
TC Energy (TSE:TRP - Get Free Report) NYSE: TRP last announced its quarterly earnings data on Thursday, November 7th. The company reported C$1.03 earnings per share (EPS) 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 firm had revenue of C$4.08 billion for the quarter, compared to analysts' expectations of C$3.90 billion.
TC Energy Increases Dividend
The company also recently disclosed 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 is a positive change from TC Energy's previous quarterly dividend of $0.96. This represents a $4.45 dividend on an annualized basis and a yield of 6.46%. The ex-dividend date is Tuesday, December 31st. TC Energy's dividend payout ratio (DPR) is currently 116.01%.
Insiders Place Their Bets
In related news, Senior Officer Nancy Angenita Johnson sold 3,328 shares of TC Energy stock in a transaction dated Friday, November 8th. The stock was sold at an average price of C$67.75, for a total value of C$225,472.00. Also, Director Alexander (Alex) Oehler bought 6,540 shares of the stock in a transaction on Monday, December 30th. The shares were bought at an average price of C$66.05 per share, for a total transaction of C$431,947.64. Over the last ninety days, insiders sold 420,911 shares of company stock valued at $28,259,105. Insiders own 0.03% of the company's stock.
About TC Energy
(
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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.
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