TransCanada Corporation Company Profile (NYSE:TRP)

About TransCanada Corporation (NYSE:TRP)

TransCanada Corporation logoTransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines and Energy. The Company operates in three businesses: Natural Gas Pipelines, Liquids Pipelines and Energy. The Natural Gas Pipelines and Liquids Pipelines segments principally consist of its respective natural gas and liquids pipelines in Canada, the United States and Mexico, as well as its regulated natural gas storage operations in the United States. The Energy segment includes its power operations and the non-regulated natural gas storage business in Canada. TransCanada PipeLines Limited (TCPL) is its principal operating subsidiary.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Transportation Services
  • Sub-Industry: N/A
  • Symbol: NYSE:TRP
  • CUSIP: N/A
  • Web:
  • Market Cap: $43.27999 billion
  • Outstanding Shares: 871,000,000
Average Prices:
  • 50 Day Moving Avg: $50.25
  • 200 Day Moving Avg: $48.70
  • 52 Week Range: $42.69 - $51.85
  • Trailing P/E Ratio: 49.89
  • Foreward P/E Ratio: 18.69
  • P/E Growth: 4.64
Sales & Book Value:
  • Annual Revenue: $11.4 billion
  • Price / Sales: 3.81
  • Book Value: $19.37 per share
  • Price / Book: 2.58
  • Annual Dividend: $2.00
  • Dividend Yield: 4.0%
  • EBITDA: $5.38 billion
  • Net Margins: 8.16%
  • Return on Equity: 12.08%
  • Return on Assets: 3.04%
  • Debt-to-Equity Ratio: 1.72%
  • Current Ratio: 0.49%
  • Quick Ratio: 0.45%
  • Average Volume: 808,978 shs.
  • Beta: 0.67
  • Short Ratio: 3.49

Frequently Asked Questions for TransCanada Corporation (NYSE:TRP)

What is TransCanada Corporation's stock symbol?

TransCanada Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRP."

How often does TransCanada Corporation pay dividends? What is the dividend yield for TransCanada Corporation?

TransCanada Corporation declared a quarterly dividend on Monday, July 31st. Investors of record on Friday, September 29th will be paid a dividend of $0.4995 per share on Tuesday, October 31st. This represents a $2.00 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend is Thursday, September 28th. This is a boost from TransCanada Corporation's previous quarterly dividend of $0.46. View TransCanada Corporation's Dividend History.

How were TransCanada Corporation's earnings last quarter?

TransCanada Corporation (NYSE:TRP) posted its quarterly earnings data on Thursday, February, 16th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.55 by $0.20. The firm earned $3.62 billion during the quarter. TransCanada Corporation had a net margin of 8.16% and a return on equity of 12.08%. TransCanada Corporation's revenue for the quarter was up 26.9% on a year-over-year basis. During the same period last year, the business earned $0.64 EPS. View TransCanada Corporation's Earnings History.

When will TransCanada Corporation make its next earnings announcement?

TransCanada Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for TransCanada Corporation.

Where is TransCanada Corporation's stock going? Where will TransCanada Corporation's stock price be in 2017?

10 equities research analysts have issued twelve-month price objectives for TransCanada Corporation's stock. Their predictions range from $53.00 to $74.00. On average, they anticipate TransCanada Corporation's stock price to reach $66.29 in the next twelve months. View Analyst Ratings for TransCanada Corporation.

Who are some of TransCanada Corporation's key competitors?

Who are TransCanada Corporation's key executives?

TransCanada Corporation's management team includes the folowing people:

  • Russell K. Girling, President, Chief Executive Officer, Director
  • Donald R. Marchand, Chief Financial Officer, Executive Vice President
  • Kristine L. Delkus, Executive Vice-President - Stakeholder Relations, General Counsel
  • Wendy L. Hanrahan, Executive Vice President - Corporate Services
  • Karl R. Johannson, Executive Vice President, President - Natural Gas Pipelines
  • Paul E. Miller, Executive Vice President, President - Liquids Pipelines
  • Francois L. Poirier, Executive Vice President - Strategy and Corporate Development
  • William C. Taylor, Executive Vice President, President - Energy
  • Christine R. Johnston, Vice President - Law, Corporate Secretary
  • Siim A. Vanaselja CPA, Non-Executive Independent Chairman of the Board

Who owns TransCanada Corporation stock?

TransCanada Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Montrusco Bolton Investments Inc. (0.19%), Shell Asset Management Co. (0.05%) and Sit Investment Associates Inc. (0.04%). View Institutional Ownership Trends for TransCanada Corporation.

Who bought TransCanada Corporation stock? Who is buying TransCanada Corporation stock?

TransCanada Corporation's stock was bought by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Shell Asset Management Co. and Montrusco Bolton Investments Inc.. View Insider Buying and Selling for TransCanada Corporation.

How do I buy TransCanada Corporation stock?

Shares of TransCanada Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TransCanada Corporation's stock price today?

One share of TransCanada Corporation stock can currently be purchased for approximately $49.89.

MarketBeat Community Rating for TransCanada Corporation (NYSE TRP)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  241 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  448
MarketBeat's community ratings are surveys of what our community members think about TransCanada Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TransCanada Corporation (NYSE:TRP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.90)
Consensus Price Target: $66.29 (32.86% upside)
Consensus Price Target History for TransCanada Corporation (NYSE:TRP)
Price Target History for TransCanada Corporation (NYSE:TRP)
Analysts' Ratings History for TransCanada Corporation (NYSE:TRP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/5/2017J P Morgan Chase & CoInitiated CoverageOverweightN/AView Rating Details
9/22/2017Morgan StanleyInitiated CoverageEqual -> Equal Weight$53.00LowView Rating Details
7/31/2017BMO Capital MarketsBoost Price TargetOutperform$72.00 -> $73.00LowView Rating Details
5/12/2017Wolfe ResearchReiterated RatingOutperform$53.00LowView Rating Details
3/31/2017Wells Fargo & CoInitiated CoverageOutperform -> OutperformLowView Rating Details
1/27/2017Credit Suisse GroupReiterated RatingOutperformN/AView Rating Details
12/16/2016ScotiabankReiterated RatingOutperform$69.00N/AView Rating Details
12/6/2016Royal Bank Of CanadaReiterated RatingOutperform$72.00N/AView Rating Details
11/21/2016GMP SecuritiesUpgradeHold -> BuyN/AView Rating Details
11/20/2016TD SecuritiesReiterated RatingBuy$67.00 -> $74.00N/AView Rating Details
9/1/2016Bank of America CorporationInitiated CoverageBuy$52.00 -> $45.45N/AView Rating Details
7/20/2016Goldman Sachs Group, Inc. (The)Initiated CoverageBuy$70.00N/AView Rating Details
5/2/2016Barclays PLCBoost Price TargetEqual Weight$33.00 -> $43.00N/AView Rating Details
3/30/2016Citigroup Inc.UpgradeNeutral -> Buy$50.00 -> $55.00N/AView Rating Details
12/8/2015CIBCReiterated RatingSector Perform -> Sector Outperform$56.00N/AView Rating Details
12/2/2015MacquarieUpgradeNeutral -> OutperformN/AView Rating Details
11/20/2015National Bank FinancialReiterated RatingSector Perform$57.00N/AView Rating Details
(Data available from 10/20/2015 forward)


Earnings History for TransCanada Corporation (NYSE:TRP)
Earnings by Quarter for TransCanada Corporation (NYSE:TRP)
Earnings History by Quarter for TransCanada Corporation (NYSE TRP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/16/2017Q416$0.55$0.75$3.62 billionViewN/AView Earnings Details
7/28/2016$0.52$0.52$2.58 billion$2.75 billionViewN/AView Earnings Details
4/29/2016Q415$0.66$0.70$2.98 billion$2.55 billionViewN/AView Earnings Details
2/11/2016$0.61$0.64$2.89 billion$2.85 billionViewN/AView Earnings Details
11/3/2015Q315$0.60$0.62$2.67 billion$2.94 billionViewN/AView Earnings Details
7/31/2015Q215$0.39$0.56$2.34 billion$2.63 billionViewListenView Earnings Details
5/1/2015Q115$0.64$0.66$3.08 billion$2.87 billionViewN/AView Earnings Details
2/13/2015Q414$0.63$0.65$2.62 billionViewN/AView Earnings Details
11/4/2014Q314$0.63$0.63$2.53 million$2.45 billionViewN/AView Earnings Details
7/31/2014Q214$0.49$0.47$2.26 billion$2.23 billionViewN/AView Earnings Details
5/2/2014Q114$0.59$0.60$2.37 billion$2.88 billionViewN/AView Earnings Details
2/20/2014Q413$0.61$0.58$2.31 billion$2.33 billionViewN/AView Earnings Details
11/5/2013Q313$0.58$0.68$2.20 billionViewN/AView Earnings Details
7/26/2013Q213$0.52$0.51$2.14 billion$2.01 billionViewN/AView Earnings Details
4/26/2013Q113$0.54$0.52$2.27 billion$2.25 billionViewN/AView Earnings Details
2/12/2013Q412$0.49$0.45$2.23 billion$2.09 billionViewN/AView Earnings Details
10/30/2012Q312$0.53$0.52$2.26 billionViewN/AView Earnings Details
7/27/2012$0.48$0.46ViewN/AView Earnings Details
4/27/2012$0.55$0.52ViewN/AView Earnings Details
2/14/2012$0.54$0.52ViewN/AView Earnings Details
11/1/2011$0.58$0.59ViewN/AView Earnings Details
7/28/2011$0.52$0.51ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for TransCanada Corporation (NYSE:TRP)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.65$0.65$0.65
(Data provided by Zacks Investment Research)


Current Dividend Information for TransCanada Corporation (NYSE:TRP)
Next Dividend:10/31/2017
Annual Dividend:$2.00
Dividend Yield:4.01%
Dividend Growth:-1.90% (3 Year Average)
Payout Ratio:232.56% (Trailing 12 Months of Earnings)
81.97% (Based on This Year's Estimates)
74.91% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TransCanada Corporation (NYSE:TRP)

Dividend History by Quarter for TransCanada Corporation (NYSE TRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TransCanada Corporation (NYSE:TRP)
No insider trades for this company have been tracked by


Headline Trends for TransCanada Corporation (NYSE:TRP)
Latest Headlines for TransCanada Corporation (NYSE:TRP)
DateHeadline logoTransCanada Corporation (TRP) Receives Consensus Recommendation of "Buy" from Brokerages - October 19 at 8:46 PM logoLook Under The Hood: EMLP Has 10% Upside - Nasdaq - October 19 at 10:00 AM logoResearch Analysts Set Expectations for TransCanada Corporation's Q3 2017 Earnings (TRP) - October 18 at 7:32 AM logoSl Advisors, Llc Buys Tallgrass Energy GP LP, Cheniere Energy Inc, Targa Resources Corp, Sells ... - October 17 at 8:20 AM logoAnalyzing Genesis Energy, L.P. (GEL) and TransCanada Corporation (TRP) - October 14 at 2:32 PM logoTransCanada Corp. : TRP-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 13, 2017 - October 14 at 8:46 AM logoShould the Energy East Cancellation Scare Oil and Gas Investors? - October 13 at 9:26 AM logoTransCanada Corp. breached its 50 day moving average in a Bullish Manner : TRP-US : October 12, 2017 - October 13 at 9:26 AM logoTransCanada (TRP) Shares Cross Above 200 DMA - Nasdaq - October 11 at 9:08 PM logoTransCanada Corporation (TRP) Lifted to Strong-Buy at Zacks Investment Research - October 11 at 3:22 PM logoTransCanada Nixes Two Pipelines, Leaving Canada Dependent on US Market - Wall Street Journal - October 6 at 3:37 PM logoTransCanada Corporation Cancels Energy East: Is Growth in the Industry Dead? - October 6 at 11:45 AM logoTransCanada Announces Termination of Energy East Pipeline and Eastern Mainline Projects - October 6 at 11:45 AM logo[$$] TransCanada Ends Two Pipeline Projects - October 6 at 11:45 AM logoTransCanada Abandons Energy East Pipeline, Eastern Mainline Projects - October 6 at 11:45 AM logoDemise of Energy East Pipeline Draws Cheers in Quebec - October 6 at 11:45 AM logoTransCanada abandons $12 bln pipeline project after green push - October 6 at 11:45 AM logo[$$] TransCanada Nixes Two Pipelines - October 6 at 11:45 AM logoTransCanada Corporation (TRP) Coverage Initiated by Analysts at J P Morgan Chase & Co - October 5 at 11:20 PM logoTransCanada Corporation Pulls the Plug on Energy East - October 5 at 6:22 PM logoShould You Sell TransCanada Corporation (TSX:TRP) At $61.65? - October 3 at 6:48 PM logoTransCanada Named Top 25 Dividend Stock With 4.06% Yield (TRP) - September 30 at 2:44 PM logoTransCanada Corporation (TRP) Ex-Dividend Date Scheduled for September 28, 2017 - Nasdaq - September 28 at 7:10 AM logoTransCanada Corporation (TRP) Receives Average Recommendation of "Buy" from Brokerages - September 24 at 8:34 PM logoBlueknight Energy Partners L.P., L.L.C. (BKEP) and TransCanada Corporation (TRP) Critical Comparison - September 24 at 6:18 PM logoMorgan Stanley Starts TransCanada Corporation (TRP) at Equalweight, 'A Solid Core Holding' - - September 24 at 8:31 AM logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-US : September 22, 2017 - September 23 at 10:15 AM logoMorgan Stanley Initiates Coverage on TransCanada Corporation (TRP) - September 22 at 9:18 AM logoShell Midstream's Harvey-Affected Pipelines Resume Service - September 20 at 10:14 AM logoTransCanada's Preferred Series 3 Shares Cross 3.5% Yield Mark - Nasdaq - September 19 at 8:45 AM logoHow The Pieces Add Up: MLPX Headed For $16 - Nasdaq - September 15 at 10:19 AM logoCheniere Energy (CQP) Announces $1B Senior Notes Offering - September 12 at 11:13 AM logoCritical Review: TransCanada Corporation (TRP) & its Rivals - September 12 at 12:28 AM logoStatoil Concludes Installation of Last Turbine in Dudgeon - September 11 at 7:53 AM logoTransCanada's Preferred Series 5 Shares Cross 3.5% Yield Mark - Nasdaq - September 8 at 8:29 PM logoTransCanada Asks for Delay on New Pipeline Projects - 24/7 Wall St. - September 8 at 3:27 PM logoTransCanada Asks for Delay on New Pipeline Projects - September 8 at 3:27 PM logoTransCanada pauses Energy East pipe in face of tougher review - September 8 at 9:27 AM logoExxon to Invest $200M in Argentina's VacaMuerta Shale Play - September 6 at 9:22 AM logoPatterson-UTI (PTEN) Rallies on MS Energy Acquisition Deal - September 6 at 9:22 AM logoTransCanada Corporation (TRP) Receives Average Rating of "Buy" from Brokerages - August 30 at 8:36 PM logoDenbury Suspends Operations in Houston due to Storm Harvey - August 29 at 3:36 PM logoTransCanada: Strong Q2, Dividend Increase Expected In Q1 2018 - August 28 at 7:13 AM logoCanada to consider indirect emissions for TransCanada Energy East pipe - Reuters - August 24 at 3:47 PM logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-US : August 18, 2017 - August 20 at 1:15 PM logoNotable Two Hundred Day Moving Average Cross - TRP - August 18 at 8:07 AM logoETFs with exposure to TransCanada Corp. : August 15, 2017 - August 16 at 8:22 AM logoWill Teva Pharmaceuticals Bottom This Time? - Seeking Alpha - August 14 at 3:26 PM logoCan Some Nebraska Farmers Kill the Keystone XL Pipeline? - August 14 at 3:26 PM logoKeystone XL opponents vow long fight as Nebraska hearing concludes - Reuters - August 11 at 3:17 PM



TransCanada Corporation (TRP) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

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