National Bank Financial Predicts TC Energy FY2026 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – National Bank Financial issued their FY2026 earnings estimates for TC Energy in a report released on Monday, January 6th. National Bank Financial analyst P. Kenny expects that the company will earn $4.26 per share for the year. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. National Bank Financial also issued estimates for TC Energy’s FY2027 earnings at $4.39 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last posted its earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share (EPS) 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 analysts’ expectations of C$3.90 billion.

TRP has been the topic of several other research reports. UBS Group raised shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. National Bankshares increased their target price on TC Energy from C$70.00 to C$71.00 in a research report on Wednesday, November 20th. Barclays upped their price target on TC Energy from C$67.00 to C$74.00 in a research note on Wednesday, November 20th. Morgan Joseph raised TC Energy from an “underweight” rating to an “overweight” rating and raised their price objective for the company from C$62.00 to C$78.00 in a research report on Friday, October 25th. Finally, Jefferies Financial Group upped their target price on shares of TC Energy from C$64.00 to C$65.00 in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, TC Energy presently has an average rating of “Hold” and an average target price of C$69.92.

TC Energy Stock Up 0.3 %

Shares of TSE TRP opened at C$68.91 on Thursday. The firm has a fifty day simple moving average of C$67.52 and a two-hundred day simple moving average of C$62.23. TC Energy has a 12 month low of C$43.83 and a 12 month high of C$70.32. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 160.84. The firm has a market capitalization of C$71.67 billion, a PE ratio of 20.82, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82.

Insider Buying and Selling

In other news, Director Trevor Ebl sold 9,554 shares of TC Energy stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$68.48, for a total value of C$654,219.70. Also, Senior Officer Nancy Angenita Johnson sold 3,328 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$67.75, for a total transaction of C$225,472.00. Insiders sold a total of 420,911 shares of company stock worth $28,259,105 in the last three months. Insiders own 0.03% of the company’s stock.

TC Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a dividend of $1.113 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $4.45 annualized dividend and a dividend yield of 6.46%. This is an increase from TC Energy’s previous quarterly dividend of $0.96. TC Energy’s dividend payout ratio (DPR) is 116.01%.

About TC Energy

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.