FY2026 Earnings Forecast for TC Energy Issued By Scotiabank

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Equities researchers at Scotiabank issued their FY2026 earnings estimates for shares of TC Energy in a research note issued on Wednesday, January 8th. Scotiabank analyst R. Hope anticipates that the company will earn $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 issued research reports about the company. BMO Capital Markets lifted their target price on TC Energy from C$70.00 to C$73.00 in a research note on Friday, November 29th. National Bankshares boosted their price objective on shares of TC Energy from C$70.00 to C$71.00 in a research note on Wednesday, November 20th. ATB Capital raised their target price on shares of TC Energy from C$64.00 to C$65.00 in a research note on Friday, November 8th. Jefferies Financial Group lifted their price target on shares of TC Energy from C$64.00 to C$65.00 in a report on Wednesday, November 20th. Finally, Morgan Joseph upgraded TC Energy from an “underweight” rating to an “overweight” rating and increased their price objective for the company from C$62.00 to C$78.00 in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of C$69.92.

TC Energy Stock Up 0.3 %

TC Energy stock opened at C$68.91 on Friday. TC Energy has a twelve month low of C$43.83 and a twelve month high of C$70.32. The business has a fifty day moving average of C$67.52 and a two-hundred day moving average of C$62.23. The firm has a market cap of C$71.67 billion, a P/E ratio of 20.82, a P/E/G 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 (TSE:TRP) (NYSE:TRP) last released its quarterly earnings data 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. TC Energy had a net margin of 21.38% and a return on equity of 10.68%. The company had revenue of C$4.08 billion during the quarter, compared to analyst estimates of C$3.90 billion.

Insider Activity

In other TC Energy news, Director Trevor Ebl sold 9,554 shares of the company’s stock in a transaction dated 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 purchased 6,540 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was bought at an average cost of C$66.05 per share, with a total value of C$431,947.64. Insiders sold a total of 420,911 shares of company stock valued at $28,259,105 in the last quarter. 0.03% of the stock is currently owned by company insiders.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a dividend of $1.113 per share. This is an increase from TC Energy’s previous quarterly dividend of $0.96. This represents a $4.45 annualized dividend and a yield of 6.46%. The ex-dividend date of this dividend is Tuesday, December 31st. TC Energy’s dividend payout ratio (DPR) is currently 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.