Zacks Research Comments on TC Energy Co.'s Q1 2026 Earnings (TSE:TRP)

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Research analysts at Zacks Research lowered their Q1 2026 earnings estimates for shares of TC Energy in a research report issued to clients and investors on Friday, April 5th. Zacks Research analyst T. Saha now expects that the company will earn $1.37 per share for the quarter, down from their previous forecast of $1.46. The consensus estimate for TC Energy's current full-year earnings is $4.12 per share. Zacks Research also issued estimates for TC Energy's FY2026 earnings at $4.68 EPS.

TC Energy (TSE:TRP - Get Free Report) NYSE: TRP last announced its quarterly earnings results on Friday, February 16th. The company reported C$1.35 EPS for the quarter, topping the consensus estimate of C$1.08 by C$0.27. TC Energy had a net margin of 18.34% and a return on equity of 8.39%. The company had revenue of C$4.24 billion for the quarter, compared to analyst estimates of C$3.94 billion.

Other research analysts have also issued research reports about the stock. ATB Capital set a C$54.00 price target on shares of TC Energy and gave the stock a "sector perform" rating in a research note on Friday, January 5th. Stifel Nicolaus set a C$61.00 price objective on shares of TC Energy and gave the stock a "buy" rating in a report on Thursday, January 18th. CIBC upped their price objective on shares of TC Energy from C$54.00 to C$55.00 and gave the stock a "neutral" rating in a report on Monday, January 8th. National Bankshares upped their price objective on shares of TC Energy from C$54.00 to C$58.00 and gave the stock an "outperform" rating in a report on Tuesday, January 30th. Finally, Royal Bank of Canada decreased their price objective on shares of TC Energy from C$54.00 to C$49.00 and set an "outperform" rating for the company in a report on Tuesday, February 20th. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, TC Energy has a consensus rating of "Hold" and an average target price of C$55.35.

TC Energy Stock Down 0.4 %

Shares of TRP traded down C$0.23 during mid-day trading on Monday, hitting C$51.70. 6,676,482 shares of the company's stock were exchanged, compared to its average volume of 6,570,151. The firm has a fifty day moving average of C$53.39 and a two-hundred day moving average of C$51.37. TC Energy has a twelve month low of C$43.70 and a twelve month high of C$57.02. The stock has a market cap of C$53.77 billion, a price-to-earnings ratio of 18.80, a P/E/G ratio of 0.26 and a beta of 0.73. The company has a quick ratio of 0.40, a current ratio of 0.96 and a debt-to-equity ratio of 163.32.

Insider Transactions at TC Energy

In other TC Energy news, Senior Officer Dawn Elizabeth De Lima acquired 750 shares of TC Energy stock in a transaction dated Wednesday, March 20th. The stock was bought at an average cost of C$54.48 per share, with a total value of C$40,860.00. In other TC Energy news, Senior Officer Dawn Elizabeth De Lima acquired 750 shares of TC Energy stock in a transaction dated Wednesday, March 20th. The stock was bought at an average cost of C$54.48 per share, with a total value of C$40,860.00. Also, Director Alexis A.J. Hudy acquired 875 shares of TC Energy stock in a transaction dated Monday, March 25th. The shares were acquired at an average cost of C$54.97 per share, with a total value of C$48,098.75. Following the completion of the acquisition, the director now directly owns 875 shares in the company, valued at approximately C$48,098.75. In the last three months, insiders acquired 4,526 shares of company stock valued at $248,609. Company insiders own 0.04% of the company's stock.

TC Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th will be issued a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 7.43%. This is an increase from TC Energy's previous quarterly dividend of $0.93. The ex-dividend date is Wednesday, March 27th. TC Energy's dividend payout ratio (DPR) is presently 139.64%.

About TC Energy

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.