FY2026 Earnings Forecast for TC Energy Issued By Scotiabank

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Investment analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for TC Energy in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst R. Hope anticipates that the pipeline company will post earnings per share of $2.73 for the year. The consensus estimate for TC Energy’s current full-year earnings is $3.00 per share.

TC Energy (NYSE:TRP) (TSE:TRP) last posted its earnings results on Thursday, November 7th. The pipeline company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.06. The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.83 billion. TC Energy had a net margin of 31.15% and a return on equity of 12.92%.

Several other equities research analysts also recently weighed in on the company. The Goldman Sachs Group upped their target price on TC Energy from $38.00 to $42.00 and gave the stock a “sell” rating in a research report on Monday, October 21st. Veritas raised shares of TC Energy to a “strong sell” rating in a research report on Tuesday, October 8th. StockNews.com began coverage on TC Energy in a research note on Wednesday, December 4th. They set a “hold” rating for the company. UBS Group raised shares of TC Energy from a “neutral” rating to a “buy” rating in a report on Monday, September 30th. Finally, BMO Capital Markets increased their price target on TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 20th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $55.67.

TC Energy Stock Performance

Shares of TRP stock opened at $47.78 on Friday. The company’s fifty day simple moving average is $47.75 and its 200-day simple moving average is $45.23. The company has a current ratio of 1.31, a quick ratio of 1.23 and a debt-to-equity ratio of 1.78. TC Energy has a 52 week low of $31.83 and a 52 week high of $50.37. The company has a market cap of $49.63 billion, a PE ratio of 13.24, a P/E/G ratio of 3.88 and a beta of 0.82.

TC Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.822 per share. This represents a $3.29 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date is Tuesday, December 31st. This is a boost from TC Energy’s previous quarterly dividend of $0.70. TC Energy’s payout ratio is 67.31%.

Hedge Funds Weigh In On TC Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Captrust Financial Advisors raised its position in shares of TC Energy by 1.3% during the 3rd quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock worth $871,000 after buying an additional 242 shares in the last quarter. Prospera Financial Services Inc raised its position in TC Energy by 4.8% in the third quarter. Prospera Financial Services Inc now owns 5,754 shares of the pipeline company’s stock worth $274,000 after acquiring an additional 262 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in TC Energy by 8.1% in the 3rd quarter. First Horizon Advisors Inc. now owns 3,505 shares of the pipeline company’s stock valued at $167,000 after acquiring an additional 264 shares during the last quarter. Blue Trust Inc. boosted its position in shares of TC Energy by 72.0% during the 3rd quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 267 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its stake in shares of TC Energy by 4.5% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 9,175 shares of the pipeline company’s stock worth $436,000 after purchasing an additional 393 shares during the last quarter. 83.13% of the stock is owned by institutional investors.

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.