US Capital Advisors Forecasts Reduced Earnings for TC Energy

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Analysts at US Capital Advisors reduced their Q2 2026 earnings per share estimates for TC Energy in a report released on Friday, May 29th. US Capital Advisors analyst J. Carreker now expects that the company will post earnings per share of $0.74 for the quarter, down from their previous estimate of $0.75. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. US Capital Advisors also issued estimates for TC Energy’s Q3 2026 earnings at $0.80 EPS, Q4 2026 earnings at $0.96 EPS, Q1 2027 earnings at $1.01 EPS and Q4 2027 earnings at $0.99 EPS.

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

TRP has been the topic of a number of other reports. Royal Bank Of Canada lifted their price objective on TC Energy from C$92.00 to C$95.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Canadian Imperial Bank of Commerce lifted their price objective on TC Energy from C$89.00 to C$94.00 in a research report on Monday, May 4th. Scotiabank lifted their price objective on TC Energy from C$86.00 to C$93.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. TD lifted their price objective on TC Energy from C$90.00 to C$98.00 and gave the company a “hold” rating in a research report on Tuesday, May 26th. Finally, TD Securities cut TC Energy from a “buy” rating to a “hold” rating and lifted their price objective for the company from C$84.00 to C$88.00 in a research report on Tuesday, February 17th. Six equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of C$88.85.

TC Energy Stock Down 0.3%

TRP stock opened at C$91.54 on Tuesday. TC Energy has a twelve month low of C$63.34 and a twelve month high of C$98.62. The company has a quick ratio of 0.40, a current ratio of 0.65 and a debt-to-equity ratio of 224.52. The stock has a market cap of C$95.36 billion, a P/E ratio of 28.70, a PEG ratio of 1.69 and a beta of 0.76. The business’s 50-day moving average price is C$89.07 and its 200-day moving average price is C$82.83.

Insider Activity at TC Energy

In related news, Director Trevor Ebl sold 5,000 shares of TC Energy stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of C$93.45, for a total transaction of C$467,250.00. Also, insider Dawn Elizabeth De Lima sold 25,342 shares of TC Energy stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of C$88.73, for a total value of C$2,248,595.66. Following the sale, the insider directly owned 18,490 shares in the company, valued at C$1,640,617.70. This trade represents a 57.82% decrease in their position. 0.03% of the stock is currently owned by company insiders.

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.