FY2026 Earnings Estimate for TC Energy Issued By Scotiabank

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Analysts at Scotiabank cut their FY2026 earnings estimates for TC Energy in a research report issued to clients and investors on Tuesday, July 7th. Scotiabank analyst R. Hope now expects that the company will earn $3.83 per share for the year, down from their previous estimate of $3.86. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

Several other equities analysts have also recently weighed in on the company. Morgan Stanley cut TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 price objective on the stock. in a research note on Wednesday, June 10th. Raymond James Financial increased their target price on shares of TC Energy from C$74.00 to C$78.00 in a report on Monday, March 30th. The Goldman Sachs Group upgraded shares of TC Energy from a “sell” rating to a “hold” rating and set a C$62.00 price target on the stock in a report on Sunday, April 19th. National Bank Financial upped their price objective on shares of TC Energy from C$92.00 to C$102.00 in a research report on Monday, June 1st. Finally, Canadian Imperial Bank of Commerce increased their price objective on shares of TC Energy from C$89.00 to C$94.00 in a research note on Monday, May 4th. Six analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of C$89.86.

TC Energy Stock Up 2.7%

Shares of TSE:TRP opened at C$97.68 on Wednesday. The stock has a market cap of C$101.76 billion, a price-to-earnings ratio of 30.62, a PEG ratio of 1.69 and a beta of 0.69. The company has a quick ratio of 0.40, a current ratio of 0.65 and a debt-to-equity ratio of 224.52. TC Energy has a 12-month low of C$63.34 and a 12-month high of C$100.18. The business’s 50 day moving average is C$94.26 and its 200 day moving average is C$86.58.

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

Insider Activity

In related news, insider Yvonne Frame-Zawalykut sold 1,500 shares of TC Energy 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 company’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 value of C$467,250.00. Insiders own 0.03% of the company’s stock.

TC Energy Company Profile

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.