TC Energy Co. (TSE:TRP – Free Report) (NYSE:TRP) – Research analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for shares of TC Energy in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst R. Hope now expects that the company will post earnings per share of $3.81 for the year, up from their prior forecast of $3.78. Scotiabank has a “Sector Outperform” rating and a $105.00 price target on the stock. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.
Several other research analysts also recently issued reports on the stock. Royal Bank Of Canada upped their price target on shares of TC Energy from C$104.00 to C$106.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Canadian Imperial Bank of Commerce raised their price objective on shares of TC Energy from C$89.00 to C$94.00 in a research report on Monday, May 4th. TD boosted their target price on shares of TC Energy from C$100.00 to C$102.00 and gave the stock a “hold” rating in a research note on Friday, July 31st. Morgan Stanley lowered shares of TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 target price on the stock. in a research report on Wednesday, June 10th. Finally, ATB Cormark Capital Markets increased their price target on shares of TC Energy from C$98.00 to C$100.00 and gave the company a “sector perform” rating in a research note on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, TC Energy has an average rating of “Hold” and an average price target of C$94.64.
TC Energy Stock Performance
Shares of TSE:TRP opened at C$87.01 on Friday. TC Energy has a twelve month low of C$69.41 and a twelve month high of C$100.18. The firm has a market cap of C$90.64 billion, a PE ratio of 26.05, a price-to-earnings-growth ratio of 1.69 and a beta of 0.72. The company has a debt-to-equity ratio of 229.63, a quick ratio of 0.40 and a current ratio of 0.61. The business has a fifty day moving average of C$94.50 and a 200-day moving average of C$90.47.
TC Energy (TSE:TRP – Get Free Report) (NYSE:TRP) last posted its quarterly earnings data on Thursday, July 30th. The company reported C$0.94 EPS for the quarter. The company had revenue of C$3.96 billion for the quarter. TC Energy had a return on equity of 13.07% and a net margin of 22.46%.
Insider Transactions at TC Energy
In related news, insider Yvonne Frame-Zawalykut sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of C$98.39, for a total value of C$147,585.00. 0.03% of the stock is currently owned by corporate insiders.
TC Energy Company Profile
We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. For over 75 years, we have proudly connected the world to the energy it needs. Every day, we move more than 30 per cent of the natural gas used across the continent and connect LNG exports to global markets-powering communities and industries. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure delivers affordable, reliable and sustainable energy across North America.
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