TransCanada Corporation Company Profile (NYSE:TRP)

About TransCanada Corporation

TransCanada Corporation logoTransCanada Corp (TransCanada) is an energy infrastructure company. The Company operates through three segments: Natural Gas Pipelines, Liquids Pipelines and Energy. The Natural Gas Pipelines segment consists of the Company's investments in approximately 67,300 kilometers (km) (approximately 41,900 miles) of regulated natural gas pipelines and over 250 billion cubic feet (Bcf) of regulated natural gas storage facilities. These assets are located in Canada, the United States and Mexico. The Liquids Pipelines segment consists of approximately 4,250 km (approximately 2,640 miles) of crude oil pipeline systems, which connect Alberta and the United States crude oil supplies to the United States refining markets in Illinois, Oklahoma and Texas. The Energy segment consists of the Company's investments in over 20 electrical power generation plants and approximately two non-regulated natural gas storage facilities.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: TRP
  • CUSIP:
Key Metrics:
  • Previous Close: $47.11
  • 50 Day Moving Average: $47.18
  • 200 Day Moving Average: $46.30
  • 52-Week Range: $867,000,000.00 - $35.06
  • Trailing P/E Ratio: 379.34
  • Foreward P/E Ratio: 19.78
  • P/E Growth: 4.42
  • Market Cap: $40.12B
  • Outstanding Shares: 867,000,000
  • Beta: 0.74
Profitability:
  • 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%
Additional Links:
Companies Related to TransCanada Corporation:

Analyst Ratings

Consensus Ratings for TransCanada Corporation (NYSE:TRP) (?)
Ratings Breakdown: 1 Hold Rating, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.91)
Consensus Price Target: $62.75 (35.58% upside)

Analysts' Ratings History for TransCanada Corporation (NYSE:TRP)
Show:
DateFirmActionRatingPrice TargetDetails
1/27/2017Credit Suisse GroupReiterated RatingOutperformView Rating Details
12/16/2016ScotiabankReiterated RatingOutperform$69.00View Rating Details
12/6/2016RBC Capital MarketsReiterated RatingOutperform$72.00View Rating Details
11/21/2016GMP SecuritiesUpgradeHold -> BuyView Rating Details
11/20/2016TD SecuritiesReiterated RatingBuy$67.00 -> $74.00View Rating Details
9/27/2016BMO Capital MarketsReiterated RatingOutperform$65.00View Rating Details
9/1/2016Bank of America CorpInitiated CoverageBuy$52.00 -> $45.45View Rating Details
7/20/2016Goldman Sachs Group, Inc. (The)Initiated CoverageBuy$70.00View Rating Details
6/13/2016Royal Bank of CanadaReiterated RatingOutperform$64.00View Rating Details
5/2/2016Barclays PLCBoost Price TargetEqual Weight$33.00 -> $43.00View Rating Details
3/30/2016Citigroup Inc.UpgradeNeutral -> Buy$50.00 -> $55.00View Rating Details
12/15/2015J P Morgan Chase & CoInitiated CoverageOverweight$64.00View Rating Details
12/8/2015CIBCReiterated RatingSector Perform -> Sector Outperform$56.00View Rating Details
12/2/2015MacquarieUpgradeNeutral -> OutperformView Rating Details
11/20/2015National Bank FinancialReiterated RatingSector Perform$57.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for TransCanada Corporation (NYSE:TRP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/9/2017        
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 Corporation (NYSE:TRP)
Current Year EPS Consensus Estimate: $2.20 EPS
Next Year EPS Consensus Estimate: $2.34 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.54$0.54$0.54
Q2 20161$0.40$0.40$0.40
Q3 20161$0.53$0.53$0.53
Q4 20161$0.53$0.53$0.53
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TransCanada Corporation (NYSE:TRP)
Annual Dividend:$1.68
Dividend Yield:3.63%
Dividend Growth:-1.90% (3 Year Average)
Payout Ratio:-81.16% (Based on Trailing 12 Months of Earnings)
76.36% (Based on Current Year Consensus EPS Estimate)
71.79% (Based on Next Year Consensus EPS Estimate)

Dividend History for TransCanada Corporation (NYSE:TRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 Corporation (NYSE:TRP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for TransCanada Corporation (NYSE:TRP)
DateHeadline
finance.yahoo.com logoTC PipeLines, LP Announces 2016 Fourth Quarter and Year End Financial Results (NYSE:TRP)
finance.yahoo.com - February 27 at 8:45 AM
finance.yahoo.com logoRetirees: 2 Dividend-Growth Stocks for Your TFSA Income Portfolio (NYSE:TRP)
ca.finance.yahoo.com - February 27 at 8:45 AM
finance.yahoo.com logoTransCanada Announces Offer to Sell 49.3% Interest in Iroquois and Remaining 11.8% Interest in PNGTS to TC PipeLines, LP (NYSE:TRP)
finance.yahoo.com - February 27 at 8:45 AM
finance.yahoo.com logo7:33 am TransCanada announces offer to sell 49.3% interest in iroquois and remaining 11.8% interest in PNGTS to TC PipeLines, LP (NYSE:TRP)
finance.yahoo.com - February 27 at 8:45 AM
finance.yahoo.com logoTransCanada to sell stakes in two U.S. Northeast pipelines (NYSE:TRP)
finance.yahoo.com - February 27 at 8:45 AM
News IconTransCanada offers to slash tolls on gas pipeline to thwart United States competition (NYSE:TRP)
eleganthomesinla.com - February 23 at 10:28 PM
News IconTransCanada offers to slash tolls on gas pipeline to thwart USA competition (NYSE:TRP)
oakridgeobserver.com - February 23 at 10:28 PM
News IconFiscal Year Earnings Estimate on TransCanada Corporation(TRP) (NYSE:TRP)
brassale.net - February 23 at 10:28 PM
fool.com logoTransCanada Corporation Makes a Last-Ditch Effort to Protect Its Home Turf (NYSE:TRP)
www.fool.com - February 23 at 10:53 AM
nasdaq.com logoUPDATE 2-TransCanada launches open season for flat toll on natgas Mainline (NYSE:TRP)
www.nasdaq.com - February 23 at 2:18 AM
News IconWhat You Must Know About TransCanada Corporation's (TSX:TRP) 2.2% ROE? - Simply Wall St (NYSE:TRP)
simplywall.st - February 22 at 9:16 PM
capitalcube.com logoTransCanada Corp. :TRP-US: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (NYSE:TRP)
www.capitalcube.com - February 22 at 9:16 PM
finance.yahoo.com logoTRANSCANADA CORP Financials (NYSE:TRP)
finance.yahoo.com - February 22 at 9:16 PM
moodys.com logoHelix Gen Funding, LLC -- Moody's assigns Ba2 to Helix Gen Funding; outlook stable (NYSE:TRP)
www.moodys.com - February 22 at 9:16 PM
finance.yahoo.com logoTransCanada Corporation Just Gave Investors a Big Raise: There’s More Where That Came From (NYSE:TRP)
ca.finance.yahoo.com - February 22 at 10:28 AM
News IconWhat are Analysts Expecting for TransCanada Corporation (NYSE:TRP) Earnings? - Aiken Advocate (NYSE:TRP)
aikenadvocate.com - February 21 at 4:37 PM
capitalcube.com logoTransCanada Corp. :TRP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (NYSE:TRP)
www.capitalcube.com - February 21 at 4:37 PM
finance.yahoo.com logoShut Enbridge pipeline to be drained for several days -regulator (NYSE:TRP)
finance.yahoo.com - February 21 at 4:37 PM
News IconTransCanada Results Beat Expectations; Company Raises Dividend -- Update (NYSE:TRP)
ih.advfn.com - February 17 at 6:57 PM
4-traders.com logoTransCanada : Appoints New Independent Director (NYSE:TRP)
www.4-traders.com - February 17 at 6:57 PM
News IconTransCanada Tries Again for Nebraska's Approval of Keystone (NYSE:TRP)
www.foxbusiness.com - February 17 at 6:57 PM
News IconTransCanada Corporation (TRP) Issues Earnings Results, Beats Expectations By $0.20 EPS (NYSE:TRP)
prensariotiretail.com - February 17 at 6:57 PM
fool.com logoTransCanada Corporation's Fourth-Quarter Results Show That Its Growth Strategy Is Paying Off (NYSE:TRP)
www.fool.com - February 17 at 12:21 PM
News IconTransCanada refiles application in Nebraska for Keystone XL pipeline route (NYSE:TRP)
oakridgeobserver.com - February 16 at 8:11 PM
4-traders.com logoTransCanada : reports 4Q loss (NYSE:TRP)
www.4-traders.com - February 16 at 8:11 PM
seekingalpha.com logoOne Dividend Stock To Retire On (NYSE:TRP)
seekingalpha.com - February 16 at 8:11 PM
us.rd.yahoo.com logoTransCanada Reports Fourth Quarter and Year-End 2016 Financial Results (NYSE:TRP)
us.rd.yahoo.com - February 16 at 8:11 PM
us.rd.yahoo.com logoTransCanada posts smaller quarterly loss (NYSE:TRP)
us.rd.yahoo.com - February 16 at 8:11 PM
sg.finance.yahoo.com logoTransCanada reports 4Q loss (NYSE:TRP)
us.rd.yahoo.com - February 16 at 8:11 PM
seekingalpha.com logoTrudeau arrives in Washington - Seeking Alpha (NYSE:TRP)
seekingalpha.com - February 15 at 6:36 AM
News IconAre Analysts Optimistic About Where TransCanada Corporation (NYSE:TRP) is Heading? - Winfield Review (NYSE:TRP)
winfieldreview.com - February 15 at 6:36 AM
News IconStock ABR Of TransCanada Corporation (NYSE:TRP) At 2 | Stock ... - Stock Observer (NYSE:TRP)
www.thestockobserver.com - February 12 at 4:36 AM
fool.ca logoDividend Investors: Should You Put TransCanada Corporation (USA ... - The Motley Fool Canada (NYSE:TRP)
www.fool.ca - February 10 at 6:11 AM
News IconOil & Gas Pipelines: TransCanada Corporation (NYSE:TRP) Position of the day (NYSE:TRP)
twincountynews.com - February 8 at 8:07 AM
fool.com logoTransCanada Corporation's 3 Biggest Growth Opportunities (NYSE:TRP)
www.fool.com - February 6 at 1:30 PM
finance.yahoo.com logoKeystone XL Needs Much Higher Oil Prices To Be Viable (NYSE:TRP)
finance.yahoo.com - February 5 at 8:08 PM
News IconTop Earnings Report to Watch for: Eaton Corporation plc (NYSE:ETN) (NYSE:TRP)
mundoaguaysaneamiento.net - February 4 at 5:27 AM
News IconTransCanada Corporation (NYSE:TRP) from Oil & Gas Pipelines – Todays Top Gains (NYSE:TRP)
twincountynews.com - February 4 at 5:27 AM
finance.yahoo.com logoTransCanada to Issue Fourth Quarter 2016 Financial Results and Provide an Update on its Business Outlook on February 16 (NYSE:TRP)
finance.yahoo.com - February 4 at 5:27 AM
fool.ca logoTrump Can Make TransCanada Corporation (USA) Great Again ... - The Motley Fool Canada (NYSE:TRP)
www.fool.ca - February 3 at 6:21 AM
finance.yahoo.com logoTrump Can Make TransCanada Corporation Great Again (NYSE:TRP)
ca.finance.yahoo.com - February 2 at 6:09 AM
marketwatch.com logoHere’s what oil experts think of what Trump has done for the energy markets so far (NYSE:TRP)
us.rd.yahoo.com - February 2 at 6:09 AM
News IconTop Gainers of the Day: TransCanada Corporation (NYSE:TRP) from Oil & Gas Pipelines (NYSE:TRP)
twincountynews.com - February 1 at 7:02 AM
us.rd.yahoo.com logoCanada First? Trump Revives Keystone XL Pipeline (NYSE:TRP)
us.rd.yahoo.com - February 1 at 7:02 AM
fool.com logoHow Sustainable Is TransCanada Corporation's Dividend? (NYSE:TRP)
www.fool.com - January 31 at 11:03 AM
schaeffersresearch.com logo5 Key Technical Levels to Watch On TransCanada Corporation (USA) (TRP) (NYSE:TRP)
www.schaeffersresearch.com - January 31 at 5:41 AM
finance.yahoo.com logoQuickTake: Keystone XL Pipeline’s Second Chance (NYSE:TRP)
finance.yahoo.com - January 31 at 5:41 AM
finance.yahoo.com logoTrump’s Drilling Frenzy Could Upend OPEC Deal (NYSE:TRP)
finance.yahoo.com - January 31 at 5:41 AM
News IconTransCanada Submits Permit Application to US State Dept. for Keystone Approval (NYSE:TRP)
avauncer.com - January 29 at 1:14 AM
thecountrycaller.com logoKeystone XL: More Economic Advantages for Canada than US (NYSE:TRP)
www.thecountrycaller.com - January 29 at 1:14 AM

Social

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 Wednesday, November 2nd. Stockholders of record on Friday, December 30th will be paid a dividend of $0.4221 per share on Tuesday, January 31st. This represents a $1.69 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date is Wednesday, December 28th.

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

11 analysts have issued 1 year price objectives for TransCanada Corporation's shares. Their forecasts range from $43.00 to $74.00. On average, they expect TransCanada Corporation's share price to reach $62.75 in the next twelve months.

When will TransCanada Corporation announce their earnings?

TransCanada Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 9th 2017.

Who owns TransCanada Corporation stock?

TransCanada Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include I.G. Investment Management LTD. (2.26%), FMR LLC (2.15%), Energy Income Partners LLC (0.64%), Guardian Capital LP (0.55%), Franklin Resources Inc. (0.55%) and Fiera Capital Corp (0.51%).

Who sold TransCanada Corporation stock? Who is selling TransCanada Corporation stock?

TransCanada Corporation's stock was sold by a variety of institutional investors in the last quarter, including Intact Investment Management Inc., Franklin Resources Inc., Fiera Capital Corp, Jarislowsky Fraser Ltd, NN Investment Partners Holdings N.V., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Credit Agricole S A and Raymond James Financial Services Advisors Inc..

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

TransCanada Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Russell Investments Group Ltd., I.G. Investment Management LTD., Luminus Management LLC, FMR LLC, AQR Capital Management LLC, Partners Group Holding AG and Renaissance Technologies LLC.

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.

How much does a share of TransCanada Corporation stock cost?

One share of TransCanada Corporation stock can currently be purchased for approximately $46.28.

TransCanada Corporation (NYSE:TRP) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for TransCanada Corporation (NYSE:TRP)

Earnings History Chart

Earnings by Quarter for TransCanada Corporation (NYSE:TRP)

Dividend History Chart

Dividend Payments by Quarter for TransCanada Corporation (NYSE:TRP)

Last Updated on 2/27/2017 by MarketBeat.com Staff