What is Zacks Research's Estimate for TC Energy Q2 Earnings?

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Analysts at Zacks Research increased their Q2 2026 earnings per share estimates for TC Energy in a research note issued on Thursday, July 3rd. Zacks Research analyst T. Saha now forecasts that the company will post earnings of $1.02 per share for the quarter, up from their prior estimate of $1.00. 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 Q4 2026 earnings at $1.15 EPS and FY2027 earnings at $3.62 EPS.

A number of other brokerages have also recently weighed in on TRP. TD Securities upped their price target on shares of TC Energy from C$74.00 to C$76.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Scotiabank increased their target price on TC Energy from C$75.00 to C$77.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Cibc World Mkts upgraded TC Energy from a "hold" rating to a "strong-buy" rating in a report on Friday, May 2nd. Citigroup upgraded TC Energy to a "hold" rating in a report on Friday, April 4th. Finally, CIBC increased their price objective on shares of TC Energy from C$71.00 to C$76.00 and gave the company an "outperform" rating in a research report on Friday, May 2nd. Six research analysts have rated the stock with a hold rating, seven have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$74.17.

TC Energy Price Performance

TRP opened at C$65.56 on Friday. TC Energy has a 52-week low of C$46.07 and a 52-week high of C$71.12. The company has a 50 day moving average of C$68.15 and a two-hundred day moving average of C$67.28. The company has a market cap of C$67.61 billion, a P/E ratio of 13.04, a P/E/G ratio of 1.69 and a beta of 0.82. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62.

TC Energy Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, June 30th will be given a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 5.19%. TC Energy's payout ratio is 76.37%.

Insiders Place Their Bets

In other TC Energy news, Director Russell Mahan sold 11,424 shares of TC Energy stock in a transaction on Monday, June 2nd. The shares were sold at an average price of C$70.22, for a total value of C$802,193.28. Also, Director Susanne Beaton sold 8,020 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of C$70.00, for a total transaction of C$561,400.00. In the last ninety days, insiders sold 45,070 shares of company stock worth $3,141,916. Corporate insiders own 0.03% of the company's stock.

TC Energy Company Profile

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.

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