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

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Equities research analysts at Scotiabank raised their FY2026 EPS estimates for shares of TC Energy in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst R. Hope now expects that the company will post earnings of $3.87 per share for the year, up from their previous estimate of $3.81. Scotiabank currently has a “Sector Outperform” rating and a $105.00 target price on the stock. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

Several other analysts have also weighed in on the company. TD Securities raised TC Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, September 14th. Royal Bank Of Canada raised shares of TC Energy to a “moderate buy” rating in a report on Friday, September 11th. TD raised shares of TC Energy from a “hold” rating to a “buy” rating and set a C$102.00 price target on the stock in a report on Tuesday, September 15th. The Goldman Sachs Group upgraded shares of TC Energy from a “hold” rating to a “buy” rating and set a C$71.00 price objective for the company in a research note on Wednesday, September 30th. Finally, Jefferies Financial Group raised shares of TC Energy from a “hold” rating to a “buy” rating and raised their price objective for the stock from C$100.00 to C$102.00 in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$96.29.

TC Energy Stock Up 0.8%

TRP stock opened at C$88.27 on Monday. TC Energy has a twelve month low of C$69.41 and a twelve month high of C$100.18. The company has a market cap of C$91.96 billion, a PE ratio of 26.43, a price-to-earnings-growth ratio of 1.69 and a beta of 0.74. The business’s 50-day simple moving average is C$85.81 and its 200 day simple moving average is C$88.18. The company has a quick ratio of 0.40, a current ratio of 0.61 and a debt-to-equity ratio of 229.63.

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. TC Energy had a net margin of 22.46% and a return on equity of 13.07%. The business had revenue of C$3.96 billion during the quarter.

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.