TC Energy Corporation (NYSE:TRP – Free Report) (TSE:TRP) – Investment analysts at US Capital Advisors upped their Q3 2026 earnings estimates for TC Energy in a research note issued to investors on Thursday, August 20th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $0.64 per share for the quarter, up from their previous forecast of $0.61. The consensus estimate for TC Energy’s current full-year earnings is $2.75 per share. US Capital Advisors also issued estimates for TC Energy’s Q4 2026 earnings at $0.77 EPS and FY2026 earnings at $2.80 EPS.
TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last posted its earnings results on Thursday, July 30th. The pipeline company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. The business had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.76 billion. TC Energy had a return on equity of 11.10% and a net margin of 22.91%.During the same quarter in the previous year, the firm earned $0.82 earnings per share.
TC Energy Trading Up 1.1%
NYSE:TRP opened at $63.07 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 1.64. The company has a market capitalization of $65.72 billion, a PE ratio of 26.17 and a beta of 0.66. The stock’s 50 day moving average price is $67.09 and its 200 day moving average price is $65.26. TC Energy has a 52-week low of $49.27 and a 52-week high of $71.47.
Institutional Investors Weigh In On TC Energy
A number of hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in shares of TC Energy by 54.0% during the 1st quarter. AQR Capital Management LLC now owns 11,099 shares of the pipeline company’s stock worth $538,000 after buying an additional 3,892 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of 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 holdings in 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 acquiring an additional 17,939 shares during the period. EverSource Wealth Advisors LLC grew its holdings in 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 acquiring an additional 1,243 shares during the period. Finally, Guggenheim Capital LLC raised its position in TC Energy by 9.9% in the second quarter. Guggenheim Capital LLC now owns 16,758 shares of the pipeline company’s stock worth $818,000 after acquiring an additional 1,511 shares in the last quarter. Institutional investors and hedge funds own 83.13% of the company’s stock.
TC Energy Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors 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 yield of 5.6%. The ex-dividend date of this dividend is Tuesday, September 29th. TC Energy’s dividend payout ratio is currently 103.73%.
TC Energy Company Profile
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.
Recommended Stories
- Five stocks we like better than TC Energy
- Moderna’s 177% Surge Has Investors Asking What Comes Next
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
Receive News & Ratings for TC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TC Energy and related companies with MarketBeat.com's FREE daily email newsletter.
