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 - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:TRP
  • CUSIP: N/A
  • Web: www.transcanada.com
Capitalization:
  • Market Cap: $44.84779 billion
  • Outstanding Shares: 871,000,000
Average Prices:
  • 50 Day Moving Avg: $48.57
  • 200 Day Moving Avg: $47.20
  • 52 Week Range: $42.69 - $51.67
P/E:
  • Trailing P/E Ratio: 101.87
  • Foreward P/E Ratio: 21.04
  • P/E Growth: 4.08
Sales & Book Value:
  • Annual Revenue: $10.59 billion
  • Price / Sales: 4.22
  • Book Value: $18.64 per share
  • Price / Book: 2.75
Dividend:
  • Annual Dividend: $1.85
  • Dividend Yield: 3.6%
Profitability:
  • EBIDTA: $5.17 billion
  • Net Margins: 4.65%
  • Return on Equity: 11.80%
  • Return on Assets: 2.81%
Debt:
  • Debt-to-Equity Ratio: 1.88%
  • Current Ratio: 0.88%
  • Quick Ratio: 0.83%
Misc:
  • Average Volume: 1.33 million shs.
  • Beta: 0.66
  • 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 announced 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 3.56%. The ex-dividend date is Wednesday, June 28th. This is a positive change from TransCanada Corporation's previous quarterly dividend of $0.42. View TransCanada Corporation's Dividend History.

How were TransCanada Corporation's earnings last quarter?

TransCanada Corporation (NYSE:TRP) released its earnings results on Thursday, February, 16th. The company reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.20. The firm earned $3.62 billion during the quarter. TransCanada Corporation had a return on equity of 11.80% and a net margin of 4.65%. The firm's quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.64 earnings per share. 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 Friday, July, 28th 2017. View Earnings Estimates for TransCanada Corporation.

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

9 brokerages have issued 12-month price objectives for TransCanada Corporation's shares. Their forecasts range from $45.45 to $74.00. On average, they expect TransCanada Corporation's stock price to reach $64.06 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 retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (3.53%), Russell Investments Group Ltd. (0.35%), Jarislowsky Fraser Ltd (0.14%), US Bancorp DE (0.13%), APG Asset Management N.V. (0.12%) and Cardinal Capital Management Inc. (0.12%). 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 Bank of Montreal Can, Sprott Inc., Russell Investments Group Ltd., Barometer Capital Management Inc., Viking Fund Management LLC, Jarislowsky Fraser Ltd, Nexus Investment Management Inc. and Parkwood 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 acquired by a variety of institutional investors in the last quarter, including Forsta AP Fonden, Mn Services Vermogensbeheer B.V., Miller Howard Investments Inc. NY, US Bancorp DE, APG Asset Management N.V., Assenagon Asset Management S.A., Aperio Group LLC and Gulf International Bank UK Ltd. 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 $51.34.


MarketBeat Community Rating for TransCanada Corporation (NYSE TRP)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  373
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: 9 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $64.06 (24.78% upside)

Analysts' Ratings History for TransCanada Corporation (NYSE:TRP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
9/27/2016BMO Capital MarketsReiterated RatingOutperform$65.00N/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
12/15/2015J P Morgan Chase & CoInitiated 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 7/27/2015 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
7/28/2017$0.50$0.75N/AView Earnings Details
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: $2.15 EPS
Next Year EPS Consensus Estimate: $2.44 EPS

Dividends

Current Dividend Information for TransCanada Corporation (NYSE:TRP)
Next Dividend:7/31/2017
Annual Dividend:$1.85
Dividend Yield:3.60%
Dividend Growth:-1.90% (3 Year Average)
Payout Ratio:362.75% (Trailing 12 Months of Earnings)
86.05% (Based on This Year's Estimates)
75.82% (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
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
seekingalpha.com logoPetronas pulls out of Pacific Northwest LNG project - Seeking Alpha
seekingalpha.com - July 27 at 8:35 AM
bizjournals.com logoRace to the finish line: Pipeline projects compete for growing demand
www.bizjournals.com - July 21 at 8:00 AM
bizjournals.com logoRace to the finish line: Pipeline projects compete for growing demand
www.bizjournals.com - July 21 at 8:00 AM
seekingalpha.com logoTransCanada: Nearly 4% Yield With 10% Dividend Growth Per Year
seekingalpha.com - July 18 at 9:13 AM
americanbankingnews.com logoTransCanada Corporation (TRP) Lifted to "Buy" at BidaskClub
www.americanbankingnews.com - July 16 at 8:56 PM
streetinsider.com logoForm 6-K TRANSCANADA CORP For: Jul 14
www.streetinsider.com - July 14 at 4:18 PM
finance.yahoo.com logoTransCanada Expects Its Capital Program to Drive Earnings Growth
finance.yahoo.com - July 14 at 4:17 PM
americanbankingnews.com logoTransCanada Corporation (TRP) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - July 11 at 8:50 PM
nasdaq.com logoRPT-Canada's Desjardins may stop pipeline loans, cites environment - Nasdaq
www.nasdaq.com - July 10 at 7:27 AM
americanbankingnews.com logoTransCanada Corporation (TRP) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - July 8 at 7:50 AM
nasdaq.com logoTransCanada (TRP) Shares Cross Below 200 DMA
www.nasdaq.com - June 30 at 1:27 AM
seekingalpha.com logoKeystone XL faces new challenge: Customers are no longer interested - Seeking Alpha
seekingalpha.com - June 29 at 8:25 PM
finance.yahoo.com logoNobody's Interested: TransCanada Facing New Keystone XL Issue
finance.yahoo.com - June 29 at 3:23 PM
reuters.com logoOil pipeline firms' discounts rile clients, roil markets - Reuters
www.reuters.com - June 29 at 7:31 AM
fool.com logo5 Things You Didn't Know About TransCanada Corporation
www.fool.com - June 27 at 10:28 AM
fool.ca logoDoes TransCanada Corporation Belong in Your Dividend Portfolio?
www.fool.ca - June 27 at 9:19 AM
nasdaq.com logoCash Dividend On The Way From TransCanada Corp's Cumulative Redeemable First Preferred Shares, Series 7
www.nasdaq.com - June 27 at 9:19 AM
seekingalpha.com logoTransCanada (TRP) Presents At J.P. Morgan Energy Equity Investor Conference - Slideshow
seekingalpha.com - June 27 at 9:19 AM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-US : June 23, 2017
finance.yahoo.com - June 25 at 7:02 AM
finance.yahoo.com logoETFs with exposure to TransCanada Corp. : June 20, 2017
finance.yahoo.com - June 21 at 6:15 AM
seekingalpha.com logoTransCanada Corp. - A Strong Investment For Income Seekers
seekingalpha.com - June 20 at 8:43 AM
finance.yahoo.com logoTransCanada Corp. :TRP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 20 at 8:42 AM
americanbankingnews.com logoTransCanada Corporation (TRP) & Dominion Midstream Partners, (DM) Head to Head Survey
www.americanbankingnews.com - June 18 at 12:42 AM
seekingalpha.com logoTransCanada Corporation: Significant Upside Potential - Seeking Alpha
seekingalpha.com - June 17 at 6:47 AM
americanbankingnews.com logoTransCanada Corporation (TRP) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 16 at 6:32 PM
finance.yahoo.com logoTransCanada Drafts $2B Expansion Plans for NOVA Gas System
finance.yahoo.com - June 15 at 3:33 PM
finance.yahoo.com logoWhy TransCanada Corporation Is a Retiree's Dream Stock
finance.yahoo.com - June 15 at 3:33 PM
fool.com logoWhy TransCanada Corporation Is a Retiree's Dream Stock
www.fool.com - June 15 at 11:16 AM
nasdaq.com logoTransCanada Invests C$2 Bln To Expand NGTL System Capacity
www.nasdaq.com - June 15 at 2:34 AM
finance.yahoo.com logoTransCanada invests $2 billion to expand NGTL System capacity
finance.yahoo.com - June 14 at 9:17 AM
finance.yahoo.com logoHow TransCanada Corporation Makes Most of Its Money
finance.yahoo.com - June 8 at 1:27 AM
finance.yahoo.com logoTransCanada Completes Sale of U.S. Northeast Power Assets
finance.yahoo.com - June 5 at 12:44 PM
finance.yahoo.com logoTransCanada Corp. breached its 50 day moving average in a Bearish Manner : TRP-US : June 1, 2017
finance.yahoo.com - June 2 at 2:30 AM
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

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Chart

TransCanada Corporation (TRP) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff