US Capital Advisors Lifts Earnings Estimates for TC Energy

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – Research analysts at US Capital Advisors boosted their Q3 2026 EPS estimates for shares of TC Energy in a research report issued on Wednesday, July 29th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will earn $0.61 per share for the quarter, up from their previous forecast of $0.58. The consensus estimate for TC Energy’s current full-year earnings is $2.72 per share. US Capital Advisors also issued estimates for TC Energy’s FY2026 earnings at $2.63 EPS, Q1 2027 earnings at $0.76 EPS, Q2 2027 earnings at $0.62 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.74 EPS, FY2027 earnings at $2.76 EPS and FY2028 earnings at $2.83 EPS.

A number of other analysts have also weighed in on TRP. The Goldman Sachs Group upgraded TC Energy from a “sell” rating to a “neutral” rating and upped their target price for the stock from $53.00 to $62.00 in a report on Monday, April 20th. Barclays reaffirmed an “overweight” rating on shares of TC Energy in a research report on Thursday, July 16th. National Bank Financial upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. Morgan Stanley cut shares of TC Energy from an “overweight” rating to an “equal weight” rating in a report on Wednesday, June 10th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of TC Energy in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $78.50.

TC Energy Price Performance

NYSE TRP opened at $67.26 on Thursday. The company has a market cap of $70.08 billion, a PE ratio of 29.19 and a beta of 0.66. The firm’s 50 day moving average price is $68.50 and its 200-day moving average price is $64.29. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.57 and a current ratio of 0.65. TC Energy has a 52-week low of $46.83 and a 52-week high of $71.47.

TC Energy (NYSE:TRP) (TSE:TRP) last posted its quarterly earnings results on Friday, May 1st. The pipeline company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.70 by $0.02. TC Energy had a net margin of 22.22% and a return on equity of 10.74%. The business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.20 billion. During the same quarter in the previous year, the business posted $0.95 EPS.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of TC Energy in the fourth quarter worth $25,000. Sterling Capital Management LLC acquired a new stake in TC Energy during the 1st quarter worth about $26,000. Trust Co. of Vermont acquired a new stake in TC Energy during the 4th quarter worth about $28,000. McIlrath & Eck LLC purchased a new stake in TC Energy during the 4th quarter valued at about $32,000. Finally, SWAN Capital LLC purchased a new stake in TC Energy during the 3rd quarter valued at about $40,000. Institutional investors and hedge funds own 83.13% of the company’s stock.

Key Stories Impacting TC Energy

Here are the key news stories impacting TC Energy this week:

• Positive Sentiment: TC Energy beat analysts’ second-quarter profit expectations, helped by strong performance across its North American operations. TC Energy beats quarterly profit estimates on strong North American operations
• Positive Sentiment: Management said solid execution and asset performance support the higher end of its 2026 financial outlook, improving confidence in near-term results. TC Energy reports strong second quarter 2026 operating and financial results
• Positive Sentiment: The company sanctioned $700 million of new growth projects in the quarter, bringing total low-risk, accretive projects announced in 2026 to approximately $3 billion. This expands TC Energy’s future earnings and cash-flow potential. TC Energy reports strong second quarter 2026 operating and financial results
• Positive Sentiment: US Capital Advisors raised its EPS forecasts across 2026–2028. Estimates increased to $2.63 for FY2026, $2.76 for FY2027 and $2.83 for FY2028, while quarterly estimates for Q3 2026 through Q4 2027 were also lifted. The revisions signal improving analyst expectations for TC Energy’s earnings growth.
• Neutral Sentiment: RBC Capital maintained its Buy rating on TC Energy, reinforcing the existing bullish view but providing no new change in recommendation. RBC Capital Sticks to Its Buy Rating for TC Energy

About TC Energy

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.