US Capital Advisors Raises Earnings Estimates for TC Energy

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – US Capital Advisors increased their FY2026 earnings per share estimates for shares of TC Energy in a report issued on Friday, May 29th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings of $2.52 per share for the year, up from their previous forecast of $2.47. The consensus estimate for TC Energy’s current full-year earnings is $2.75 per share.

Other equities research analysts have also issued research reports about the company. Citigroup reissued a “neutral” rating on shares of TC Energy in a research note on Thursday, February 19th. Weiss Ratings lowered TC Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of TC Energy in a research note on Tuesday, May 26th. Scotiabank reissued an “outperform” rating on shares of TC Energy in a research note on Monday, May 4th. Finally, BMO Capital Markets reissued 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, eight have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.50.

TC Energy Stock Performance

NYSE TRP opened at $68.06 on Wednesday. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 1.67. The business’s 50 day moving average is $64.74 and its two-hundred day moving average is $60.18. TC Energy has a 12-month low of $46.29 and a 12-month high of $71.47. The stock has a market capitalization of $68.06 billion, a price-to-earnings ratio of 29.54 and a beta of 0.66.

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

Institutional Trading of TC Energy

Institutional investors and hedge funds have recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in TC Energy in the 4th quarter valued at $25,000. Sterling Capital Management LLC acquired a new stake in TC Energy in the 1st quarter valued at $26,000. Trust Co. of Vermont acquired a new stake in TC Energy in the 4th quarter valued at $28,000. Westside Investment Management Inc. increased its holdings in TC Energy by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 594 shares of the pipeline company’s stock valued at $32,000 after purchasing an additional 297 shares in the last quarter. Finally, McIlrath & Eck LLC acquired a new stake in TC Energy in the 4th quarter valued at $32,000. 83.13% of the stock is currently owned by institutional investors and hedge funds.

TC Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.8775 per share. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Tuesday, June 30th. TC Energy’s dividend payout ratio is presently 109.57%.

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.