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: www.transcanada.com
Capitalization:
  • Market Cap: $43.45419 billion
  • Outstanding Shares: 871,000,000
Average Prices:
  • 50 Day Moving Avg: $50.20
  • 200 Day Moving Avg: $48.73
  • 52 Week Range: $42.69 - $51.85
P/E:
  • Trailing P/E Ratio: 49.03
  • Foreward P/E Ratio: 18.36
  • P/E Growth: 4.68
Sales & Book Value:
  • Annual Revenue: $11.4 billion
  • Price / Sales: 3.75
  • Book Value: $19.37 per share
  • Price / Book: 2.53
Dividend:
  • Annual Dividend: $2.00
  • Dividend Yield: 4.0%
Profitability:
  • EBITDA: $5.38 billion
  • Net Margins: 8.16%
  • Return on Equity: 12.08%
  • Return on Assets: 3.04%
Debt:
  • Debt-to-Equity Ratio: 1.72%
  • Current Ratio: 0.49%
  • Quick Ratio: 0.45%
Misc:
  • Average Volume: 803,903 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 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend is Thursday, September 28th. This is an increase 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) issued its quarterly earnings results on Thursday, February, 16th. The company reported $0.75 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.55 by $0.20. The business earned $3.62 billion during the quarter. TransCanada Corporation had a return on equity of 12.08% and a net margin of 8.16%. TransCanada Corporation's revenue was up 26.9% on a year-over-year basis. During the same period in the prior year, the business posted $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 brokers have issued 1 year price objectives for TransCanada Corporation's stock. Their forecasts range from $53.00 to $74.00. On average, they anticipate TransCanada Corporation's share price to reach $66.29 in the next year. 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 number of of institutional and retail investors. Top institutional shareholders include Montrusco Bolton Investments Inc. (0.19%), APG Asset Management N.V. (0.13%), Shell Asset Management Co. (0.05%), Sit Investment Associates Inc. (0.04%) and Viking Fund Management LLC (0.03%). View Institutional Ownership Trends for TransCanada Corporation.

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 Viking Fund Management LLC. View Insider Buying and Selling 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., APG Asset Management N.V. 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 $49.03.


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 (35.19% 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)
Show:
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 & CompanyInitiated 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 IncInitiated 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 10/21/2015 forward)

Earnings

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
11/7/2017        
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)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.65$0.65$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TransCanada Corporation (NYSE:TRP)
Next Dividend:10/31/2017
Annual Dividend:$2.00
Dividend Yield:4.08%
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
7/31/2017quarterly$0.503.91%9/28/20179/29/201710/31/2017
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 Corporation (NYSE:TRP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for TransCanada Corporation (NYSE:TRP)
Latest Headlines for TransCanada Corporation (NYSE:TRP)
Source:
DateHeadline
fool.ca logoBuy TransCanada Corporation for the 4% Yield
www.fool.ca - October 21 at 9:31 AM
americanbankingnews.com logoTransCanada Corporation (TRP) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - October 19 at 8:46 PM
nasdaq.com logoLook Under The Hood: EMLP Has 10% Upside - Nasdaq
www.nasdaq.com - October 19 at 10:00 AM
americanbankingnews.com logoResearch Analysts Set Expectations for TransCanada Corporation's Q3 2017 Earnings (TRP)
www.americanbankingnews.com - October 18 at 7:32 AM
nasdaq.com logoSl Advisors, Llc Buys Tallgrass Energy GP LP, Cheniere Energy Inc, Targa Resources Corp, Sells ...
www.nasdaq.com - October 17 at 8:20 AM
americanbankingnews.com logoAnalyzing Genesis Energy, L.P. (GEL) and TransCanada Corporation (TRP)
www.americanbankingnews.com - October 14 at 2:32 PM
finance.yahoo.com logoTransCanada Corp. : TRP-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 13, 2017
finance.yahoo.com - October 14 at 8:46 AM
fool.ca logoShould the Energy East Cancellation Scare Oil and Gas Investors?
www.fool.ca - October 13 at 9:26 AM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bullish Manner : TRP-US : October 12, 2017
finance.yahoo.com - October 13 at 9:26 AM
nasdaq.com logoTransCanada (TRP) Shares Cross Above 200 DMA - Nasdaq
www.nasdaq.com - October 11 at 9:08 PM
americanbankingnews.com logoTransCanada Corporation (TRP) Lifted to Strong-Buy at Zacks Investment Research
www.americanbankingnews.com - October 11 at 3:22 PM
wsj.com logoTransCanada Nixes Two Pipelines, Leaving Canada Dependent on US Market - Wall Street Journal
www.wsj.com - October 6 at 3:37 PM
fool.ca logoTransCanada Corporation Cancels Energy East: Is Growth in the Industry Dead?
www.fool.ca - October 6 at 11:45 AM
finance.yahoo.com logoTransCanada Announces Termination of Energy East Pipeline and Eastern Mainline Projects
finance.yahoo.com - October 6 at 11:45 AM
finance.yahoo.com logo[$$] TransCanada Ends Two Pipeline Projects
finance.yahoo.com - October 6 at 11:45 AM
finance.yahoo.com logoTransCanada Abandons Energy East Pipeline, Eastern Mainline Projects
finance.yahoo.com - October 6 at 11:45 AM
finance.yahoo.com logoDemise of Energy East Pipeline Draws Cheers in Quebec
finance.yahoo.com - October 6 at 11:45 AM
finance.yahoo.com logoTransCanada abandons $12 bln pipeline project after green push
finance.yahoo.com - October 6 at 11:45 AM
finance.yahoo.com logo[$$] TransCanada Nixes Two Pipelines
finance.yahoo.com - October 6 at 11:45 AM
americanbankingnews.com logoTransCanada Corporation (TRP) Coverage Initiated by Analysts at J P Morgan Chase & Co
www.americanbankingnews.com - October 5 at 11:20 PM
fool.com logoTransCanada Corporation Pulls the Plug on Energy East
www.fool.com - October 5 at 6:22 PM
finance.yahoo.com logoShould You Sell TransCanada Corporation (TSX:TRP) At $61.65?
finance.yahoo.com - October 3 at 6:48 PM
nasdaq.com logoTransCanada Named Top 25 Dividend Stock With 4.06% Yield (TRP)
www.nasdaq.com - September 30 at 2:44 PM
nasdaq.com logoTransCanada Corporation (TRP) Ex-Dividend Date Scheduled for September 28, 2017 - Nasdaq
www.nasdaq.com - September 28 at 7:10 AM
americanbankingnews.com logoTransCanada Corporation (TRP) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 24 at 8:34 PM
americanbankingnews.com logoBlueknight Energy Partners L.P., L.L.C. (BKEP) and TransCanada Corporation (TRP) Critical Comparison
www.americanbankingnews.com - September 24 at 6:18 PM
streetinsider.com logoMorgan Stanley Starts TransCanada Corporation (TRP) at Equalweight, 'A Solid Core Holding' - StreetInsider.com
www.streetinsider.com - September 24 at 8:31 AM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-US : September 22, 2017
finance.yahoo.com - September 23 at 10:15 AM
americanbankingnews.com logoMorgan Stanley Initiates Coverage on TransCanada Corporation (TRP)
www.americanbankingnews.com - September 22 at 9:18 AM
finance.yahoo.com logoShell Midstream's Harvey-Affected Pipelines Resume Service
finance.yahoo.com - September 20 at 10:14 AM
nasdaq.com logoTransCanada's Preferred Series 3 Shares Cross 3.5% Yield Mark - Nasdaq
www.nasdaq.com - September 19 at 8:45 AM
nasdaq.com logoHow The Pieces Add Up: MLPX Headed For $16 - Nasdaq
www.nasdaq.com - September 15 at 10:19 AM
finance.yahoo.com logoCheniere Energy (CQP) Announces $1B Senior Notes Offering
finance.yahoo.com - September 12 at 11:13 AM
americanbankingnews.com logoCritical Review: TransCanada Corporation (TRP) & its Rivals
www.americanbankingnews.com - September 12 at 12:28 AM
finance.yahoo.com logoStatoil Concludes Installation of Last Turbine in Dudgeon
finance.yahoo.com - September 11 at 7:53 AM
nasdaq.com logoTransCanada's Preferred Series 5 Shares Cross 3.5% Yield Mark - Nasdaq
www.nasdaq.com - September 8 at 8:29 PM
247wallst.com logoTransCanada Asks for Delay on New Pipeline Projects - 24/7 Wall St.
247wallst.com - September 8 at 3:27 PM
finance.yahoo.com logoTransCanada Asks for Delay on New Pipeline Projects
finance.yahoo.com - September 8 at 3:27 PM
msn.com logoTransCanada pauses Energy East pipe in face of tougher review
www.msn.com - September 8 at 9:27 AM
msn.com logoExxon to Invest $200M in Argentina's VacaMuerta Shale Play
www.msn.com - September 6 at 9:22 AM
zacks.com logoPatterson-UTI (PTEN) Rallies on MS Energy Acquisition Deal
www.zacks.com - September 6 at 9:22 AM
americanbankingnews.com logoTransCanada Corporation (TRP) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - August 30 at 8:36 PM
finance.yahoo.com logoDenbury Suspends Operations in Houston due to Storm Harvey
finance.yahoo.com - August 29 at 3:36 PM
seekingalpha.com logoTransCanada: Strong Q2, Dividend Increase Expected In Q1 2018
seekingalpha.com - August 28 at 7:13 AM
reuters.com logoCanada to consider indirect emissions for TransCanada Energy East pipe - Reuters
www.reuters.com - August 24 at 3:47 PM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-US : August 18, 2017
finance.yahoo.com - August 20 at 1:15 PM
nasdaq.com logoNotable Two Hundred Day Moving Average Cross - TRP
www.nasdaq.com - August 18 at 8:07 AM
finance.yahoo.com logoETFs with exposure to TransCanada Corp. : August 15, 2017
finance.yahoo.com - August 16 at 8:22 AM
seekingalpha.com logoWill Teva Pharmaceuticals Bottom This Time? - Seeking Alpha
seekingalpha.com - August 14 at 3:26 PM
finance.yahoo.com logoCan Some Nebraska Farmers Kill the Keystone XL Pipeline?
finance.yahoo.com - August 14 at 3:26 PM

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Chart

TransCanada Corporation (TRP) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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