TC Energy Corporation (NYSE:TRP) Receives $89.00 Consensus Target Price from Brokerages

Posted by George Bondi on Aug 13th, 2026

Shares of TC Energy Corporation (NYSE:TRP – Get Free Report) (TSE:TRP) have been given a consensus rating of “Moderate Buy” by the fourteen analysts that are presently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $89.00.

A number of equities research analysts recently issued reports on TRP shares. BMO Capital Markets reissued an “outperform” rating and issued a $99.00 target price on shares of TC Energy in a research report on Friday, July 31st. The Goldman Sachs Group upgraded shares of TC Energy from a “sell” rating to a “neutral” rating and raised their target price for the company from $53.00 to $62.00 in a research note on Monday, April 20th. TD Securities reaffirmed a “hold” rating on shares of TC Energy in a report on Thursday, July 16th. Royal Bank Of Canada boosted their price objective on TC Energy from $104.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of TC Energy in a research note on Friday, July 31st.

Check Out Our Latest Stock Analysis on TC Energy

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TRP. AQR Capital Management LLC increased its stake in shares of TC Energy by 54.0% in the 1st quarter. AQR Capital Management LLC now owns 11,099 shares of the pipeline company’s stock valued at $538,000 after purchasing an additional 3,892 shares during the last quarter. Focus Partners Wealth boosted its position in TC Energy by 46.1% in the first quarter. Focus Partners Wealth now owns 12,446 shares of the pipeline company’s stock valued at $588,000 after buying an additional 3,929 shares in the last quarter. Intech Investment Management LLC grew its stake in shares of TC Energy by 200.7% during the first quarter. Intech Investment Management LLC now owns 26,878 shares of the pipeline company’s stock worth $1,269,000 after buying an additional 17,939 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of TC Energy by 50.5% during the second quarter. EverSource Wealth Advisors LLC now owns 3,706 shares of the pipeline company’s stock worth $181,000 after buying an additional 1,243 shares in the last quarter. Finally, Guggenheim Capital LLC increased its holdings in shares of TC Energy by 9.9% during the second quarter. Guggenheim Capital LLC now owns 16,758 shares of the pipeline company’s stock worth $818,000 after buying an additional 1,511 shares in the last quarter. 83.13% of the stock is owned by institutional investors.

TC Energy Stock Down 0.0%

NYSE:TRP opened at $63.61 on Thursday. The stock has a 50-day moving average price of $67.74 and a two-hundred day moving average price of $65.02. TC Energy has a 1 year low of $49.27 and a 1 year high of $71.47. The company has a current ratio of 0.61, a quick ratio of 0.54 and a debt-to-equity ratio of 1.64. The stock has a market cap of $66.28 billion, a price-to-earnings ratio of 26.39 and a beta of 0.66.

TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last announced its quarterly earnings results on Thursday, July 30th. The pipeline company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.07. TC Energy had a net margin of 22.91% and a return on equity of 11.10%. The firm had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the previous year, the firm posted $0.82 earnings per share. As a group, equities analysts expect that TC Energy will post 2.75 earnings per share for the current year.

TC Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, September 29th will be issued a dividend of $0.8775 per share. This represents a $3.51 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Tuesday, September 29th. TC Energy’s dividend payout ratio is 102.49%.

About TC Energy

(Get Free Report)

TC Energy (NYSE: TRP) is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent.

The company’s principal businesses include long‑distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation.