TransCanada Co. (TSE:TRP) (NYSE:TRP) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, October 30th. Analysts expect the company to announce earnings of C$0.69 per share for the quarter.

Shares of TransCanada Co. (TSE:TRP) opened at 61.87 on Monday. The stock has a 50 day moving average of $62.17 and a 200-day moving average of $62.94. The firm has a market cap of $53.89 billion and a price-to-earnings ratio of 50.88. TransCanada Co. has a 1-year low of $57.36 and a 1-year high of $65.24.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, September 29th will be given a $0.625 dividend. This is an increase from TransCanada’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $2.50 annualized dividend and a yield of 4.04%.

Several analysts recently commented on the stock. TD Securities upped their price target on shares of TransCanada from C$77.00 to C$79.00 and gave the company a “buy” rating in a research report on Monday, July 31st. BMO Capital Markets restated an “outperform” rating and set a C$73.00 price objective on shares of TransCanada in a research report on Monday, July 31st. Six analysts have rated the stock with a buy rating, TransCanada currently has a consensus rating of “Buy” and a consensus target price of C$71.75.

In other news, Director Louis Bergeron acquired 500 shares of the stock in a transaction on Thursday, August 3rd. The stock was bought at an average price of C$64.31 per share, with a total value of C$32,155.00. Also, Director Kevin E. Benson sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of C$64.13, for a total transaction of C$641,300.00. In the last ninety days, insiders acquired 3,280 shares of company stock valued at $207,852 and sold 66,027 shares valued at $4,255,154.

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TransCanada Company Profile

TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S.

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