TransCanada Company Profile (NYSE:TRP)

About TransCanada (NYSE:TRP)

TransCanada 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 Pipelines
  • Sub-Industry: N/A
  • Symbol: NYSE:TRP
  • CUSIP: N/A
  • Web: www.transcanada.com
Capitalization:
  • Market Cap: $40.95 billion
  • Outstanding Shares: 871,000,000
Average Prices:
  • 50 Day Moving Avg: $46.82
  • 200 Day Moving Avg: $46.22
  • 52 Week Range: $41.09 - $49.76
P/E:
  • Trailing P/E Ratio: 101.11
  • Foreward P/E Ratio: 20.35
  • P/E Growth: 5.08
Sales & Book Value:
  • Annual Revenue: $9.83 billion
  • Price / Sales: 4.17
  • Book Value: $17.30 per share
  • Price / Book: 2.72
Dividend:
  • Annual Dividend: $1.68
  • Dividend Yield: 3.7%
Profitability:
  • EBIDTA: $4.8 billion
  • Net Margins: -16.15%
  • Return on Equity: 11.71%
  • Return on Assets: 2.66%
Debt:
  • Debt-to-Equity Ratio: 2.32%
  • Current Ratio: 0.88%
  • Quick Ratio: 0.81%
Misc:
  • Average Volume: 998,213 shs.
  • Beta: 0.74
  • Short Ratio: 4.22
 

Frequently Asked Questions for TransCanada (NYSE:TRP)

What is TransCanada's stock symbol?

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

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

TransCanada declared a quarterly dividend on Monday, May 8th. Investors of record on Friday, June 30th will be given a dividend of $0.4568 per share on Monday, July 31st. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date is Wednesday, June 28th. This is a boost from TransCanada's previous quarterly dividend of $0.42. View TransCanada's Dividend History.

How were TransCanada's earnings last quarter?

TransCanada Co. (NYSE:TRP) posted its quarterly earnings results on Thursday, February, 16th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.55 by $0.20. The business earned $3.62 billion during the quarter. TransCanada had a negative net margin of 16.15% and a positive return on equity of 11.71%. The company's quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter last year, the company earned $0.64 earnings per share. View TransCanada's Earnings History.

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

10 equities research analysts have issued 1 year price targets for TransCanada's stock. Their predictions range from $45.45 to $74.00. On average, they expect TransCanada's share price to reach $64.81 in the next year. View Analyst Ratings for TransCanada.

Who are some of TransCanada's key competitors?

Who owns TransCanada stock?

TransCanada's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (3.06%), Wellington Management Group LLP (2.54%), Vanguard Group Inc. (2.38%), Caisse DE Depot ET Placement DU Quebec (1.75%), JPMorgan Chase & Co. (1.67%) and FMR LLC (1.67%). View Institutional Ownership Trends for TransCanada.

Who sold TransCanada stock? Who is selling TransCanada stock?

TransCanada's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., FMR LLC, Swiss National Bank, AQR Capital Management LLC, Jennison Associates LLC, Arosa Capital Management LP, Russell Investments Group Ltd. and State of Wisconsin Investment Board. View Insider Buying and Selling for TransCanada.

Who bought TransCanada stock? Who is buying TransCanada stock?

TransCanada's stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., TD Asset Management Inc., PNC Financial Services Group Inc., OMERS ADMINISTRATION Corp, Renaissance Technologies LLC, Montrusco Bolton Investments Inc., Massachusetts Financial Services Co. MA and Wellington Management Group LLP. View Insider Buying and Selling for TransCanada.

How do I buy TransCanada stock?

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

How much does a share of TransCanada stock cost?

One share of TransCanada stock can currently be purchased for approximately $47.01.

Analyst Ratings

Consensus Ratings for TransCanada (NYSE:TRP) (?)
Ratings Breakdown: 10 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $64.81 (37.86% upside)

Analysts' Ratings History for TransCanada (NYSE:TRP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/12/2017Wolfe ResearchReiterated RatingOutperform$53.00LowView Rating Details
3/31/2017Wells Fargo & CoInitiated CoverageOutperform -> OutperformLowView Rating Details
1/27/2017Credit Suisse Group AGReiterated 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
9/27/2016BMO Capital MarketsReiterated RatingOutperform$65.00N/AView Rating Details
9/1/2016Bank of America CorpInitiated CoverageBuy$52.00 -> $45.45N/AView Rating Details
7/20/2016Goldman Sachs Group IncInitiated CoverageBuy$70.00N/AView Rating Details
5/2/2016Barclays PLCBoost Price TargetEqual Weight$33.00 -> $43.00N/AView Rating Details
3/30/2016Citigroup IncUpgradeNeutral -> Buy$50.00 -> $55.00N/AView Rating Details
12/15/2015JPMorgan Chase & Co.Initiated CoverageOverweight$64.00N/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 5/26/2015 forward)

Earnings

Earnings History for TransCanada (NYSE:TRP)
Earnings by Quarter for TransCanada (NYSE:TRP)
Earnings History by Quarter for TransCanada (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)

Estimates

Earnings Estimates for TransCanada (NYSE:TRP)
Current Year EPS Consensus Estimate: $2.15 EPS
Next Year EPS Consensus Estimate: $2.31 EPS

Dividends

Current Dividend Information for TransCanada (NYSE:TRP)
Next Dividend:7/31/2017
Annual Dividend:$1.68
Dividend Yield:3.57%
Dividend Growth:-1.90% (3 Year Average)
Payout Ratio:-81.16% (Trailing 12 Months of Earnings)
78.14% (Based on This Year's Estimates)
72.73% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TransCanada (NYSE:TRP)

Dividend History by Quarter for TransCanada (NYSE:TRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2017quarterly$0.463.88%6/28/20176/30/20177/31/2017
2/16/2017$0.473/29/20173/31/20174/28/2017
11/2/2016quarterly$0.423.92%12/28/201612/30/20161/31/2017
7/28/2016$0.439/28/20169/30/201610/31/2016
5/2/2016quarterly$0.454.28%6/28/20166/30/20167/29/2016
2/12/2016quarterly$0.414.63%3/29/20163/31/20164/29/2016
11/3/2015$0.3912/29/201512/31/20151/29/2016
8/3/2015quarterly$0.404.23%9/28/20159/30/201510/30/2015
5/1/2015quarterly$0.433.72%6/26/20156/30/20157/31/2015
2/13/2015quarterly$0.423.63%3/27/20153/31/20154/30/2015
11/5/2014quarterly$0.433.44%12/29/201412/31/20141/30/2015
7/31/2014quarterly$0.483.6%9/26/20149/30/201410/31/2014
5/2/2014quarterly$0.483.74%6/26/20146/30/20147/31/2014
2/20/2014quarterly$0.483.98%3/27/20143/31/20144/30/2014
11/5/2013$0.4412/27/201312/31/20131/31/2014
11/5/2013quarterly$0.463.82%12/27/201312/31/20131/31/2014
7/26/2013quarterly$0.463.88%9/26/20139/30/201310/31/2013
4/29/2013quarterly$0.453.65%6/26/20136/28/20137/31/2013
2/12/2013quarterly$0.463.88%3/26/20133/29/20134/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

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

Headlines

Headline Trends for TransCanada (NYSE:TRP)
Latest Headlines for TransCanada (NYSE:TRP)
Source:
DateHeadline
finance.yahoo.com logoWilliams Companies’ Current Valuation: What’s the Story?
finance.yahoo.com - May 26 at 7:53 AM
americanbankingnews.com logoTransCanada Co. (TRP) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 22 at 6:20 PM
fool.com logoWhere Will TransCanada Corporation Be in 10 Years?
www.fool.com - May 16 at 10:40 AM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-US : May 12, 2017
finance.yahoo.com - May 13 at 2:10 AM
americanbankingnews.com logoTransCanada Co. (TRP) Coverage Initiated by Analysts at Wolfe Research
www.americanbankingnews.com - May 12 at 1:02 PM
fool.com logo4 Things TransCanada Corporation's CEO Wants You to Know About Its Q1 Results
www.fool.com - May 10 at 10:48 AM
finance.yahoo.com logo4 Things TransCanada Corporation's CEO Wants You to Know About Its Q1 Results
finance.yahoo.com - May 10 at 10:14 AM
americanbankingnews.com logoNational Bank Financial Comments on TransCanada Co.'s FY2017 Earnings (TRP)
www.americanbankingnews.com - May 10 at 9:38 AM
americanbankingnews.com logoTheStreet Upgrades TransCanada Co. (TRP) to "B-"
www.americanbankingnews.com - May 9 at 3:16 PM
americanbankingnews.com logoTransCanada Co. (TRP) to Post FY2018 Earnings of $2.37 Per Share, National Bank Financial Forecasts
www.americanbankingnews.com - May 9 at 11:26 AM
americanbankingnews.com logoTransCanada Co. (TRP) Plans Quarterly Dividend of $0.46
www.americanbankingnews.com - May 8 at 6:20 PM
fool.com logoAcquisitions Fuel a Record-Breaking Quarter for TransCanada Corporation
www.fool.com - May 5 at 2:53 PM
americanbankingnews.com logo Brokerages Anticipate TransCanada Co. (TRP) to Announce $0.66 EPS
www.americanbankingnews.com - May 5 at 9:12 AM
finance.yahoo.com logoTransCanada profit beats on U.S., Mexican pipeline businesses
finance.yahoo.com - May 5 at 8:10 AM
finance.yahoo.com logoTransCanada Reports First Quarter 2017 Financial Results; Strong Results Build Upon Transformational 2016
finance.yahoo.com - May 5 at 8:10 AM
finance.yahoo.com logoTransCanada Declares Quarterly Dividends
finance.yahoo.com - May 5 at 8:10 AM
finance.yahoo.com logoTransCanada's quarterly profit more than doubles
finance.yahoo.com - May 5 at 8:10 AM
finance.yahoo.com logoTransCanada posts 1Q profit
finance.yahoo.com - May 5 at 8:10 AM
americanbankingnews.com logoTransCanada (TRP) Receives Daily News Impact Score of 0.11
www.americanbankingnews.com - May 4 at 5:12 PM
finance.yahoo.com logoTransCanada Announces Agreements to Sell Interests in Iroquois and PNGTS to TC PipeLines, LP
finance.yahoo.com - May 4 at 10:17 AM
finance.yahoo.com logoTransCanada to sell interests in two gas pipelines for $765 mln
finance.yahoo.com - May 4 at 10:17 AM
finance.yahoo.com logoTransCanada Corp. – Value Analysis (NYSE:TRP) : May 1, 2017
finance.yahoo.com - May 1 at 7:27 PM
americanbankingnews.com logoTransCanada (TRP) Earning Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - May 1 at 6:04 PM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-US : April 28, 2017
finance.yahoo.com - April 28 at 11:08 PM
americanbankingnews.com logoTransCanada (TRP) Earns News Impact Score of 0.35
www.americanbankingnews.com - April 28 at 3:26 PM
americanbankingnews.com logoTransCanada Co. (TRP) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 25 at 5:45 PM
americanbankingnews.com logoTransCanada (TRP) Receiving Somewhat Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 25 at 4:36 PM
americanbankingnews.com logoTransCanada (TRP) Receiving Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 21 at 9:42 PM
finance.yahoo.com logoTransCanada tiendra son assemblée générale annuelle des actionnaires et annoncera ses résultats financiers du premier trimestre 2017 le 5 mai
finance.yahoo.com - April 21 at 11:14 AM
finance.yahoo.com logoTransCanada (TRP) Sells 13 Hydroelectric Generation Assets
finance.yahoo.com - April 21 at 11:14 AM
fool.com logoTransCanada Corporation: The Bear Case From a Bull
www.fool.com - April 20 at 12:49 PM
finance.yahoo.com logoTransCanada Announces Completed Sale of New England Hydro Assets
finance.yahoo.com - April 20 at 11:59 AM
finance.yahoo.com logoTransCanada to Hold Annual Meeting of Shareholders and Issue First Quarter 2017 Financial Results on May 5
finance.yahoo.com - April 20 at 11:59 AM
americanbankingnews.com logoTransCanada Co. (TRP) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 19 at 11:11 AM
americanbankingnews.com logoSomewhat Positive News Coverage Somewhat Likely to Affect TransCanada (TRP) Share Price
www.americanbankingnews.com - April 18 at 2:40 PM
americanbankingnews.com logoSomewhat Critical Press Coverage Likely to Effect TransCanada (TRP) Stock Price
www.americanbankingnews.com - April 15 at 1:48 PM
americanbankingnews.com logo Analysts Expect TransCanada Co. (TRP) to Post $0.76 EPS
www.americanbankingnews.com - April 14 at 8:02 AM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bullish Manner : TRP-US : April 7, 2017
finance.yahoo.com - April 7 at 1:05 PM
americanbankingnews.com logoTransCanada Co. (TRP) Receives New Coverage from Analysts at Wells Fargo & Co
www.americanbankingnews.com - April 6 at 9:31 AM
fool.ca logo4 Income and Growth Stocks to Start Any Portfolio
www.fool.ca - April 1 at 7:16 AM
finance.yahoo.com logoCoverage initiated on TransCanada by Wells Fargo
finance.yahoo.com - April 1 at 7:15 AM
finance.yahoo.com logoFirst Lawsuits Filed to Stop Trump Administration Keystone XL Pipeline Permit
finance.yahoo.com - April 1 at 7:15 AM
americanbankingnews.com logoTransCanada Co. (TRP) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 31 at 2:07 PM
americanbankingnews.com logoWells Fargo & Co Begins Coverage on TransCanada Co. (TRP)
www.americanbankingnews.com - March 31 at 12:20 PM
us.rd.yahoo.com logoDespite Trump Approval, Hurdles Remain for TransCanada
us.rd.yahoo.com - March 28 at 8:14 PM
us.rd.yahoo.com logoKeystone Pipeline Will Create Thousands Of Jobs, But How Many Will Be Permanent?
us.rd.yahoo.com - March 27 at 7:31 PM
finance.yahoo.com logoBlog Coverage Presidential Permit Revives TransCanada's Keystone XL Pipeline Project
finance.yahoo.com - March 27 at 8:37 AM
bizjournals.com logoIndustry, environmentalists sound off on Trump administration approval of Keystone Pipeline (slideshow)
www.bizjournals.com - March 25 at 12:17 PM
uk.finance.yahoo.com logoTrump approves Keystone XL pipeline, hails 'great day' for jobs
us.rd.yahoo.com - March 24 at 8:43 PM
us.rd.yahoo.com logoTrump OKs Keystone pipeline, calling it 'great day' for jobs
us.rd.yahoo.com - March 24 at 8:43 PM

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Chart

TransCanada (TRP) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff