What is Scotiabank’s Estimate for TC Energy FY2026 Earnings?

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at Scotiabank decreased their FY2026 EPS estimates for TC Energy in a research report issued on Thursday, July 23rd. Scotiabank analyst R. Hope now expects that the company will earn $3.75 per share for the year, down from their previous estimate of $3.83. Scotiabank 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 issued its quarterly earnings data on Friday, May 1st. The company reported C$0.99 earnings per share (EPS) for the quarter. The firm had revenue of C$3.86 billion during the quarter. TC Energy had a return on equity of 12.53% and a net margin of 21.83%.

Several other brokerages also recently issued reports on TRP. National Bank Financial upped their price target on shares of TC Energy from C$92.00 to C$102.00 in a research report on Monday, June 1st. Barclays upped their target price on shares of TC Energy from C$92.00 to C$100.00 in a research report on Thursday, July 16th. The Goldman Sachs Group raised shares of TC Energy from a “sell” rating to a “hold” rating and set a C$62.00 price target on the stock in a research note on Sunday, April 19th. Morgan Stanley cut shares of TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 price objective for the company. in a research report on Wednesday, June 10th. Finally, Royal Bank Of Canada upped their price objective on TC Energy from C$92.00 to C$95.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Six research 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 company has an average rating of “Hold” and a consensus price target of C$91.64.

TC Energy Price Performance

Shares of TRP stock opened at C$99.59 on Friday. TC Energy has a 52 week low of C$64.04 and a 52 week high of C$100.18. The stock has a market capitalization of C$103.75 billion, a PE ratio of 31.22, a PEG ratio of 1.69 and a beta of 0.69. The company has a debt-to-equity ratio of 224.52, a quick ratio of 0.40 and a current ratio of 0.65. The stock’s fifty day moving average is C$96.22 and its 200-day moving average is C$88.45.

Insiders Place Their Bets

In other news, insider Yvonne Frame-Zawalykut sold 1,500 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of C$98.39, for a total value of C$147,585.00. Also, Director Trevor Ebl sold 5,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of C$93.45, for a total value of C$467,250.00. 0.03% of the stock is currently 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.