FY2026 Earnings Forecast for TC Energy Issued By Scotiabank

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Equities research analysts at Scotiabank issued their FY2026 earnings per share (EPS) 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 of $3.93 per share for the year. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share.

Other equities analysts have also recently issued reports about the company. National Bankshares upped their price objective on TC Energy from C$70.00 to C$71.00 in a report on Wednesday, November 20th. CIBC upped their price objective on TC Energy from C$68.00 to C$70.00 and gave the stock a "neutral" rating in a report on Thursday. Royal Bank of Canada upped their price objective on TC Energy from C$67.00 to C$71.00 in a report on Friday, November 8th. ATB Capital upped their price objective on TC Energy from C$64.00 to C$65.00 in a report on Friday, November 8th. Finally, Barclays upped their price objective on TC Energy from C$67.00 to C$74.00 in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of C$69.92.

TC Energy Price Performance

TSE TRP traded down C$1.60 during trading on Friday, reaching C$67.31. The company's stock had a trading volume of 7,063,667 shares, compared to its average volume of 6,035,562. The stock has a market capitalization of C$70.00 billion, a PE ratio of 20.34, a P/E/G ratio of 1.69 and a beta of 0.82. The company has a debt-to-equity ratio of 160.84, a current ratio of 0.76 and a quick ratio of 0.40. The firm has a fifty day moving average of C$67.57 and a 200 day moving average of C$62.33. TC Energy has a one year low of C$43.83 and a one year high of C$70.32.

TC Energy (TSE:TRP - Get Free Report) NYSE: TRP last announced its earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share for the quarter, topping analysts' consensus estimates of C$0.97 by C$0.06. The business had revenue of C$4.08 billion for the quarter, compared to analyst estimates of C$3.90 billion. TC Energy had a return on equity of 10.68% and a net margin of 21.38%.

Insiders Place Their Bets

In other news, Director Trevor Ebl sold 9,554 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of C$68.48, for a total value of C$654,219.70. Also, Senior Officer Stanley G. Chapman Iii sold 267,435 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of C$66.51, for a total value of C$17,785,898.39. In the last 90 days, insiders sold 420,911 shares of company stock worth $28,259,105. 0.03% of the stock is currently owned by company insiders.

TC Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a $1.113 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $4.45 annualized dividend and a yield of 6.61%. This is a boost 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.