FY2026 Earnings Estimate for TC Energy Issued By Scotiabank

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for shares of TC Energy in a research report issued on Tuesday, August 4th. Scotiabank analyst R. Hope now forecasts that the company will earn $3.78 per share for the year, up from their prior forecast of $3.75. Scotiabank currently has a “Sector Outperform” rating and a $105.00 price objective on the stock. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

TC Energy (TSE:TRP) (NYSE:TRP) last announced its quarterly earnings data on Thursday, July 30th. The company reported C$0.94 EPS for the quarter. The business had revenue of C$3.96 billion during the quarter. TC Energy had a return on equity of 13.07% and a net margin of 22.46%.

Several other research firms have also recently commented on TRP. The Goldman Sachs Group upgraded TC Energy from a “sell” rating to a “hold” rating and set a C$62.00 price target for the company in a report on Sunday, April 19th. TD increased their price objective on shares of TC Energy from C$100.00 to C$102.00 and gave the stock a “hold” rating in a report on Friday, July 31st. BMO Capital Markets raised their target price on shares of TC Energy from C$94.00 to C$99.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. ATB Cormark Capital Markets boosted their target price on shares of TC Energy from C$98.00 to C$100.00 and gave the company a “sector perform” rating in a report on Friday, July 31st. Finally, Barclays upped their price target on shares of TC Energy from C$100.00 to C$102.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of C$94.64.

TC Energy Stock Performance

TSE TRP opened at C$89.56 on Friday. The business’s 50-day moving average price is C$95.82 and its 200 day moving average price is C$89.70. TC Energy has a twelve month low of C$67.82 and a twelve month high of C$100.18. The company has a market capitalization of C$93.30 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 1.69 and a beta of 0.72. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 229.63.

Insider Activity at TC Energy

In other TC Energy news, Director Trevor Ebl sold 5,000 shares of the business’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 transaction of C$467,250.00. Also, insider Yvonne Frame-Zawalykut sold 1,500 shares of the stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of C$98.39, for a total transaction of C$147,585.00. 0.03% of the stock is owned by insiders.

About TC Energy

We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. For over 75 years, we have proudly connected the world to the energy it needs. Every day, we move more than 30 per cent of the natural gas used across the continent and connect LNG exports to global markets-powering communities and industries. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure delivers affordable, reliable and sustainable energy across North America.