US Capital Advisors Predicts Stronger Earnings for TC Energy

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – Investment analysts at US Capital Advisors boosted their Q3 2026 earnings estimates for TC Energy in a research note issued on Thursday, August 20th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings per share of $0.64 for the quarter, up from their prior estimate of $0.61. The consensus estimate for TC Energy’s current full-year earnings is $2.75 per share. US Capital Advisors also issued estimates for TC Energy’s Q4 2026 earnings at $0.77 EPS and FY2026 earnings at $2.80 EPS.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its quarterly earnings results on Thursday, July 30th. The pipeline company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.61 by $0.07. The business had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.76 billion. TC Energy had a return on equity of 11.10% and a net margin of 22.91%.During the same quarter in the previous year, the company earned $0.82 EPS.

Other analysts also recently issued reports about the company. Barclays reiterated an “overweight” rating on shares of TC Energy in a research report on Thursday, July 16th. Royal Bank Of Canada lifted their price target on TC Energy from $104.00 to $106.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of TC Energy in a research report on Tuesday, May 26th. BMO Capital Markets reissued an “outperform” rating and issued a $99.00 price objective on shares of TC Energy in a research note on Friday, July 31st. Finally, Scotiabank restated an “outperform” rating on shares of TC Energy in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, TC Energy currently has an average rating of “Moderate Buy” and an average target price of $89.00.

TC Energy Stock Performance

NYSE TRP opened at $63.07 on Friday. The business has a 50 day moving average price of $67.09 and a 200 day moving average price of $65.26. The company has a market capitalization of $65.72 billion, a P/E ratio of 26.17 and a beta of 0.66. TC Energy has a 1-year low of $49.27 and a 1-year high of $71.47. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.61 and a quick ratio of 0.54.

TC Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, September 29th will be given a $0.8775 dividend. This represents a $3.51 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Tuesday, September 29th. TC Energy’s dividend payout ratio is currently 103.73%.

Institutional Trading of TC Energy

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of TC Energy by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 47,801,695 shares of the pipeline company’s stock worth $2,632,200,000 after purchasing an additional 980,221 shares during the last quarter. FIL Ltd lifted its stake in shares of TC Energy by 3.9% during the fourth quarter. FIL Ltd now owns 28,305,789 shares of the pipeline company’s stock valued at $1,558,669,000 after buying an additional 1,052,166 shares during the period. TD Asset Management Inc boosted its position in TC Energy by 6.3% during the fourth quarter. TD Asset Management Inc now owns 20,868,772 shares of the pipeline company’s stock worth $1,150,656,000 after acquiring an additional 1,244,525 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in TC Energy during the second quarter worth approximately $1,148,244,000. Finally, GQG Partners LLC purchased a new stake in TC Energy in the 2nd quarter worth approximately $1,107,936,000. Institutional investors and hedge funds own 83.13% of the company’s stock.

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.