What is Scotiabank’s Estimate for TC Energy FY2026 Earnings?

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for TC Energy in a research report issued on Wednesday, January 8th. Scotiabank analyst R. Hope anticipates that the company will post earnings per share of $3.93 for the year. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

Other equities research analysts have also issued research reports about the stock. Morgan Joseph upgraded shares of TC Energy from an “underweight” rating to an “overweight” rating and raised their target price for the stock from C$62.00 to C$78.00 in a report on Friday, October 25th. National Bankshares boosted their target price on TC Energy from C$70.00 to C$71.00 in a research report on Wednesday, November 20th. ATB Capital increased their price target on TC Energy from C$64.00 to C$65.00 in a report on Friday, November 8th. Royal Bank of Canada boosted their price objective on TC Energy from C$67.00 to C$71.00 in a report on Friday, November 8th. Finally, CIBC increased their target price on TC Energy from C$68.00 to C$70.00 and gave the stock a “neutral” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of C$69.92.

TC Energy Stock Down 2.3 %

TSE TRP opened at C$67.31 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 160.84. TC Energy has a 52 week low of C$43.83 and a 52 week high of C$70.32. The firm has a market capitalization of C$70.00 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 1.69 and a beta of 0.82. The company has a fifty day moving average of C$67.57 and a two-hundred day moving average of C$62.33.

TC Energy (TSE:TRP) (NYSE:TRP) last released its earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share for the quarter, beating the consensus estimate of C$0.97 by C$0.06. TC Energy had a return on equity of 10.68% and a net margin of 21.38%. The firm had revenue of C$4.08 billion for the quarter, compared to the consensus estimate of C$3.90 billion.

TC Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a dividend of $1.113 per share. This is an increase from TC Energy’s previous quarterly dividend of $0.96. The ex-dividend date is Tuesday, December 31st. This represents a $4.45 dividend on an annualized basis and a yield of 6.61%. TC Energy’s dividend payout ratio (DPR) is 116.01%.

Insider Activity at TC Energy

In other TC Energy news, Senior Officer Nancy Angenita Johnson sold 3,328 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$67.75, for a total value of C$225,472.00. Also, Director Trevor Ebl sold 9,554 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$68.48, for a total value of C$654,219.70. Insiders have sold a total of 420,911 shares of company stock valued at $28,259,105 over the last ninety days. 0.03% of the stock is owned by company insiders.

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.