FY2026 Earnings Forecast for TC Energy Issued By Scotiabank

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Stock analysts at Scotiabank lowered their FY2026 EPS estimates for shares of TC Energy in a report issued on Thursday, July 23rd. Scotiabank analyst R. Hope now anticipates that the company will post earnings per share of $3.75 for the year, down from their previous estimate of $3.83. Scotiabank has a “Sector Outperform” rating and a $105.00 price objective on the stock. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

TRP has been the subject of several other reports. Royal Bank Of Canada lifted their price objective on TC Energy from C$92.00 to C$95.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. National Bank Financial increased their target price on TC Energy from C$92.00 to C$102.00 in a report on Monday, June 1st. Canadian Imperial Bank of Commerce raised their price target on TC Energy from C$89.00 to C$94.00 in a research report on Monday, May 4th. Morgan Stanley cut TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 price target for the company. in a report on Wednesday, June 10th. Finally, ATB Cormark Capital Markets upped their price objective on TC Energy from C$87.00 to C$92.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 8th. Six analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$91.64.

TC Energy Stock Up 0.1%

TRP stock opened at C$98.46 on Friday. The company has a debt-to-equity ratio of 224.52, a current ratio of 0.65 and a quick ratio of 0.40. The company’s 50 day simple moving average is C$96.11 and its 200-day simple moving average is C$88.37. TC Energy has a 12 month low of C$64.04 and a 12 month high of C$100.18. The firm has a market capitalization of C$102.57 billion, a PE ratio of 30.87, a P/E/G ratio of 1.69 and a beta of 0.69.

TC Energy (TSE:TRP) (NYSE:TRP) last announced its quarterly earnings results on Friday, May 1st. The company reported C$0.99 earnings per share (EPS) for the quarter. TC Energy had a net margin of 21.83% and a return on equity of 12.53%. The company had revenue of C$3.86 billion for the quarter.

Insider Transactions at TC Energy

In other news, insider Yvonne Frame-Zawalykut sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of C$98.39, for a total value of C$147,585.00. Also, Director Trevor Ebl sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of C$93.45, for a total transaction of C$467,250.00. Insiders own 0.03% of the company’s stock.

About TC Energy

TC Energy Corp operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Its pipeline network consists of over 92,600 kilometers (57,500 miles) of natural gas pipeline, along with 4,900 kilometers (3,000) miles) from the Keystone Pipeline system. The company also owns or has interests in 11 power-generation facilities with a capacity of 6,600 megawatts.