What is Zacks Research's Estimate for TC Energy Q1 Earnings?

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Investment analysts at Zacks Research upped their Q1 2026 earnings per share estimates for shares of TC Energy in a research report issued to clients and investors on Tuesday, June 3rd. Zacks Research analyst T. Saha now expects that the company will post earnings of $1.07 per share for the quarter, up from their prior forecast of $1.03. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy's Q3 2026 earnings at $0.51 EPS.

Other analysts also recently issued reports about the stock. Cibc World Mkts raised shares of TC Energy from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 2nd. TD Securities increased their price objective on TC Energy from C$74.00 to C$76.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Veritas raised TC Energy from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. CIBC upped their target price on TC Energy from C$71.00 to C$76.00 and gave the company an "outperform" rating in a report on Friday, May 2nd. Finally, Royal Bank of Canada raised their price target on shares of TC Energy from C$71.00 to C$74.00 in a report on Tuesday, February 18th. Six equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of C$74.17.

TC Energy Stock Down 0.1%

TRP stock opened at C$70.20 on Friday. The company's 50 day simple moving average is C$68.31 and its 200-day simple moving average is C$67.53. TC Energy has a 52-week low of C$46.07 and a 52-week high of C$71.12. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40. The firm has a market capitalization of C$72.39 billion, a P/E ratio of 13.96, a P/E/G ratio of 1.69 and a beta of 0.82.

TC Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, June 30th will be issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.84%. TC Energy's dividend payout ratio (DPR) is presently 76.37%.

Insider Transactions at TC Energy

In related news, Director Russell Mahan sold 11,424 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of C$70.22, for a total transaction of C$802,193.28. Also, Director Rosemary K. Stevens sold 5,089 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of C$67.19, for a total value of C$341,919.73. Over the last 90 days, insiders have acquired 17,887 shares of company stock worth $1,231,890 and have sold 140,361 shares worth $9,745,446. 0.03% of the stock is owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.