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

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Research analysts at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for shares of TC Energy in a research note issued to investors on Thursday, July 3rd. Zacks Research analyst T. Saha now expects that the company will post earnings of $1.02 per share for the quarter, up from their prior forecast 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.

TRP has been the subject of a number of other reports. Citigroup raised TC Energy to a "hold" rating in a report on Friday, April 4th. CIBC boosted their price objective on TC Energy from C$71.00 to C$76.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Scotiabank boosted their price objective on TC Energy from C$75.00 to C$77.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Cibc World Mkts raised TC Energy from a "hold" rating to a "strong-buy" rating in a report on Friday, May 2nd. Finally, TD Securities boosted their price objective on TC Energy from C$74.00 to C$76.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Six investment 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 company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$74.17.

TC Energy Stock Down 1.0%

TC Energy stock traded down C$0.68 during midday trading on Friday, reaching C$64.75. The stock had a trading volume of 16,395,095 shares, compared to its average volume of 6,482,695. TC Energy has a 12 month low of C$46.07 and a 12 month high of C$71.12. The company has a market capitalization of C$66.77 billion, a P/E ratio of 12.88, a PEG ratio of 1.69 and a beta of 0.82. The company has a fifty day moving average price of C$68.08 and a two-hundred day moving average price of C$67.31. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62.

TC Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, June 30th will be paid a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 5.25%. TC Energy's payout ratio is presently 76.37%.

Insider Transactions at TC Energy

In other TC Energy news, Director Susanne Beaton sold 8,020 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of C$70.00, for a total transaction of C$561,400.00. Also, Director Russell Mahan sold 16,990 shares of the company's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of C$69.37, for a total transaction of C$1,178,548.73. Over the last three months, insiders have sold 45,070 shares of company stock worth $3,141,916. 0.03% of the stock is owned by insiders.

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.