TransCanada Corp. Company Profile (NYSE:TRP)

Analyst Ratings

Consensus Ratings for TransCanada Corp. (NYSE:TRP) (?)
Ratings Breakdown: 2 Hold Rating(s), 9 Buy Rating(s)
Consensus Rating:Buy (Score: 2.82)
Consensus Price Target: $59.20 (29.29% upside)

Analysts' Ratings History for TransCanada Corp. (NYSE:TRP)
Show:
DateFirmActionRatingPrice TargetActions
7/20/2016Goldman Sachs Group Inc.Initiated CoverageBuy$70.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/19/2016TD SecuritiesReiterated RatingBuy$63.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/19/2016BMO Capital MarketsReiterated RatingBuy$65.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/13/2016Royal Bank Of CanadaReiterated RatingOutperform$64.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/4/2016Credit Suisse Group AGReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/2/2016Barclays PLCBoost Price TargetEqual Weight$33.00 -> $43.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/30/2016Citigroup Inc.UpgradeNeutral -> Buy$50.00 -> $55.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/15/2015JPMorgan Chase & Co.Initiated CoverageOverweight$64.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/8/2015CIBCReiterated RatingSector Perform -> Sector Outperform$56.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/2/2015MacquarieUpgradeNeutral -> OutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/20/2015National Bank FinancialReiterated RatingSector Perform$57.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/14/2015ScotiabankLower Price Target$57.00 -> $55.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/24/2014 forward)

Earnings

Earnings History for TransCanada Corp. (NYSE:TRP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
4/29/2016Q415$0.66$0.70$2.98 billion$2.55 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/11/2016$0.61$0.64$2.89 billion$2.85 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015Q315$0.60$0.62$2.67 billion$2.94 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2015Q215$0.39$0.56$2.34 billion$2.63 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2015Q115$0.64$0.66$3.08 billion$2.87 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/13/2015Q414$0.63$0.65$2.62 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/4/2014Q314$0.63$0.63$2.53 million$2.45 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2014Q214$0.49$0.47$2.26 billion$2.23 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2014Q114$0.59$0.60$2.37 billion$2.88 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/20/2014Q413$0.61$0.58$2.31 billion$2.33 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2013Q313$0.58$0.68$2.20 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/26/2013Q213$0.52$0.51$2.14 billion$2.01 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/26/2013Q113$0.54$0.52$2.27 billion$2.25 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/12/2013Q412$0.49$0.45$2.23 billion$2.09 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2012Q312$0.53$0.52$2.26 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/27/2012$0.48$0.46ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/27/2012$0.55$0.52ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/14/2012$0.54$0.52ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/1/2011$0.58$0.59ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/28/2011$0.52$0.51ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TransCanada Corp. (NYSE:TRP)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.54$0.54$0.54
Q2 20161$0.40$0.40$0.40
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TransCanada Corp. (NYSE:TRP)
Annual Dividend:$1.73
Dividend Yield:3.78%
Payout Ratio:-122.70% (Based on Trailing 12 Months of Earnings)
89.18% (Based on Current Year Consensus EPS Estimate)
79.72% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-1.50% (3 Year Average)

Dividend History for TransCanada Corp. (NYSE:TRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/2/2016quarterly$0.454.28%6/28/20166/30/20167/29/2016Tweet This Announcement  Share This Announcement on StockTwits
2/12/2016quarterly$0.414.63%3/29/20163/31/20164/29/2016Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015$0.3912/29/201512/31/20151/29/2016Tweet This Announcement  Share This Announcement on StockTwits
8/3/2015quarterly$0.404.23%9/28/20159/30/201510/30/2015Tweet This Announcement  Share This Announcement on StockTwits
5/1/2015quarterly$0.433.72%6/26/20156/30/20157/31/2015Tweet This Announcement  Share This Announcement on StockTwits
2/13/2015quarterly$0.423.63%3/27/20153/31/20154/30/2015Tweet This Announcement  Share This Announcement on StockTwits
11/5/2014quarterly$0.433.44%12/29/201412/31/20141/30/2015Tweet This Announcement  Share This Announcement on StockTwits
7/31/2014quarterly$0.483.6%9/26/20149/30/201410/31/2014Tweet This Announcement  Share This Announcement on StockTwits
5/2/2014quarterly$0.483.74%6/26/20146/30/20147/31/2014Tweet This Announcement  Share This Announcement on StockTwits
2/20/2014quarterly$0.483.98%3/27/20143/31/20144/30/2014Tweet This Announcement  Share This Announcement on StockTwits
11/5/2013$0.4412/27/201312/31/20131/31/2014Tweet This Announcement  Share This Announcement on StockTwits
11/5/2013quarterly$0.463.82%12/27/201312/31/20131/31/2014Tweet This Announcement  Share This Announcement on StockTwits
7/26/2013quarterly$0.463.88%9/26/20139/30/201310/31/2013Tweet This Announcement  Share This Announcement on StockTwits
4/29/2013quarterly$0.453.65%6/26/20136/28/20137/31/2013Tweet This Announcement  Share This Announcement on StockTwits
2/12/2013quarterly$0.463.88%3/26/20133/29/20134/30/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TransCanada Corp. (NYSE:TRP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for TransCanada Corp. (NYSE:TRP)
DateHeadline
07/22/16 09:48 AMWorleyParsons' 10 Top-Valued Projects Navigate Stormy Global LNG, Mining Markets, an Industrial Info News Alert - Power Engineering Magazine
07/21/16 07:14 PMCibc World Markets Inc. Modifies Its Ownership in TransCanada Corporation Common (TRP)
07/21/16 09:43 AMTransCanada Corporation Common (TRP) – Barclays Maintains Rating And Updates Price Target
07/20/16 07:57 PMKinder Morgan Inc Inches Closer to Receive Approval for Pipeline Expansion - Bidness ETC
07/20/16 09:47 AMForm N-PX FIRST TRUST NEW OPPORTUN For: Jun 30 - StreetInsider.com
07/19/16 07:05 PMTransCanada's Preferred Series 5 Shares Cross 4.5% Yield Mark
07/19/16 07:05 PMTransCanada : Td Asset Management INC Decreased Stake in Transcanada Corp by $8.78 Million as Shares Rose
07/19/16 07:53 AMTiedemann Trust Company Decreased Stake in Holly Energy Partners LP (NYSE:HEP) by $11.36 Billion as Shares Rose - Consumer Eagle
07/19/16 07:53 AMPokémon, Plains All American Pipeline And Plains GP Holdings - Seeking Alpha
07/19/16 07:53 AMHennessy Advisors INC Decreased Stake in Transcanada Corp (NYSE:TRP) by $5.71 Million as Shares Rose - Consumer Eagle
07/16/16 10:04 AMTransCanada Corporation: TransCanada to Issue Second Quarter Results July 28
07/15/16 05:54 PMTransCanada (TRP), Pipeline Unions Sign Memorandum of Understanding for Work on Energy East Pipeline Project - StreetInsider.com
07/15/16 12:13 PMWestern Canada's Pipeline Mega Projects: Where are They Now?
07/15/16 12:13 PMTransCanada Corporation : - Historic MOU Signed for Work on Energy East Canada's Biggest Infrastructure Project
07/14/16 07:09 PMTransCanada : Historic MOU Signed for Work on Energy East
07/14/16 10:32 AMExchange, SNC at 52-Week Highs - Baystreet.ca
07/13/16 07:14 PMTransCanada : Energy East to Sign Significant MOU
07/13/16 07:14 PMTransCanada (TRP), Unions Sign Significant MOU Related to $15.7B Energy East Pipeline Project
07/13/16 09:46 AMElection 2016: Border-Crossing Pipelines, What's on the Chopping Block
07/11/16 06:46 PMUp +30%: What Should You Do With TransCanada Corporation?
07/08/16 06:50 PMPost Brexit, John Nagel makes the case for rate reset preferred shares - Financial Post
07/08/16 09:44 AMTransCanada Corporation Has a Big Decision to Make - The Motley Fool Canada
07/07/16 09:38 AMHow has TransCanada Corporation:(NYSE:TRP) performed recently? - The Daily Leicester
07/07/16 09:38 AMThese Catalysts Fueled Spectra Energy Corp.'s 14% Surge in June - Nasdaq
07/06/16 07:21 PMTransCanada Corporation (NYSE:TRP) Broker Price Targets For The Coming Week - Fiscal Standard
07/06/16 07:21 PMLeading stocks in today's market: TransCanada Corporation (NYSE:TRP) - Twin County News
07/06/16 07:49 AMCould TransCanada Corporation Rise Even More? The Stock Had Another Big Increase Today - Press Telegraph
07/05/16 06:32 PMTSX pushed lower as oil falls; jitters boost gold miners - Reuters Canada
07/05/16 06:32 PMThese Catalysts Fueled Spectra Energy Corp.'s 14% Surge in June - Motley Fool
07/04/16 07:58 AMTransCanada Columbia Pipeline Acquisition Deal Closed; TRP Eyes Gains in North America
07/01/16 06:56 PMTransCanada Corporation Challenging Keystone Rejection and Completing $13 billion Acquisition
07/01/16 08:01 AMColumbia Pipeline Partners Announces Change in General Partner and Appointment of New Directors and Officers - [at noodls] - HOUSTON, TEXAS -- (Marketwired) -- 07/01/16 -- News Release - Columbia Pipeline Partners LP (NYSE:CPPL) (the Partnership) today announced that, effective July 1, 2016, the Partnership's general partner ...
06/30/16 07:03 PMTransCanada Sues Obama on Keystone - Wall Street Journal
06/25/16 06:12 PM3 High-Yield Dividend Stocks You Don't Need to Babysit - Motley Fool
06/24/16 06:55 PMTransCanada Corporation (NYSE:TRP) Current Analyst Ratings - Fiscal Standard
06/23/16 07:39 PMFarmers State Bank Names President - Inside INdiana Business
06/23/16 07:39 PMDowntown Crossing Project Nearing Finish Line - Inside INdiana Business
06/23/16 07:39 PMElkhart Chamber Creates New Positions - Inside INdiana Business
06/22/16 07:52 AMTransCanada Corporation (USA) – Columbia Pipeline Group Inc Merger: What Investors Should Look At - Business Finance News
06/21/16 07:38 AMCompany Shares of TransCanada Corporation Rally 1.24% - Trade Calls
06/21/16 07:38 AMNatural gas giant to build another plant, pipelines - Houston Business Journal
06/18/16 08:10 AMWhat To Hold: 3 Hold-Rated Dividend Stocks TRP, RGC, PAA - TheStreet.com
06/18/16 07:04 AMHow Canada Is Slowly Killing the Oil Sands Boom -
06/16/16 10:38 AMInstant Analysis: TransCanada-Led Joint Venture Wins Mexico Pipeline Project - Motley Fool
06/16/16 09:03 AMInstant Analysis: TransCanada-Led Joint Venture Wins Mexico Pipeline Project -
06/14/16 06:33 PMBaron Energy & Resources Fund's 1st Quarter - GuruFocus.com
06/14/16 06:33 PMTSX barely lower as banks fall, oil stocks rise - Reuters Canada
06/14/16 06:33 PMLong-Term Dividend Lessons And TransCanada - Seeking Alpha
06/14/16 07:45 AMTransCanada joint venture wins US$2.1B natural gas pipeline contract in Mexico - Calgary Herald
06/10/16 09:59 AMBrad Wall pushing pipeline on eastern trip - theifp.ca

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About TransCanada Corp.

TransCanada Corp. logoTransCanada Corporation (TransCanada) is an energy infrastructure company. The Company operates through three segments: Natural Gas Pipelines, Liquids Pipelines and Energy. The Natural Gas Pipelines segment consists of the Company's investments in approximately 67,300 kilometers (km) (approximately 41,900 miles) of regulated natural gas pipelines and over 250 billion cubic feet (Bcf) of regulated natural gas storage facilities. These assets are located in Canada, the United States and Mexico. The Liquids Pipelines segment consists of approximately 4,250 km (approximately 2,640 miles) of crude oil pipeline systems, which connect Alberta and the United States crude oil supplies to the United States refining markets in Illinois, Oklahoma and Texas. The Energy segment consists of the Company's investments in over 20 electrical power generation plants and approximately two non-regulated natural gas storage facilities.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: TRP
  • CUSIP:
Key Metrics:
  • Previous Close: $45.79
  • 50 Day Moving Average: $44.85
  • 200 Day Moving Average: $39.14
  • P/E Ratio: N/A
  • P/E Growth: 7.45
  • Market Cap: $32.14B
  • Beta: 0.63
  • Current Year EPS Consensus Estimate: $1.94 EPS
  • Next Year EPS Consensus Estimate: $2.17 EPS
Additional Links:
TransCanada Corp. (NYSE:TRP) Chart for Sunday, July, 24, 2016