TransCanada 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?
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?
Some companies that are related to TransCanada Corporation include Enbridge (ENB), Enterprise Products Partners L.P. (EPD), Kinder Morgan (KMI), Williams Companies, Inc. (The) (WMB), Sunoco Logistics Partners LP (ETP), ONEOK (OKE), Plains All American Pipeline, L.P. (PAA), Magellan Midstream Partners L.P. (MMP), Spectra Energy Partners, LP (SEP), Pembina Pipeline Corp. (PBA), Mplx Lp (MPLX), Cheniere Energy Partners LP (CQP), Cheniere Energy Partners LP (CQP), Targa Resources (TRGP), Buckeye Partners L.P. (BPL), Enable Midstream Partners, LP (ENBL), EQT Midstream Partners, LP (EQM) and EnLink Midstream Partners, LP (ENLK).
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)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.
Consensus Ratings for TransCanada Corporation (NYSE:TRP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/12/2017 | Wolfe Research | Reiterated Rating | Outperform | $53.00 | Low |  |
| 3/31/2017 | Wells Fargo & Company | Initiated Coverage | Outperform -> Outperform | | Low | |
| 1/27/2017 | Credit Suisse Group | Reiterated Rating | Outperform | | N/A | |
| 12/16/2016 | Scotiabank | Reiterated Rating | Outperform | $69.00 | N/A | |
| 12/6/2016 | Royal Bank Of Canada | Reiterated Rating | Outperform | $72.00 | N/A | |
| 11/21/2016 | GMP Securities | Upgrade | Hold -> Buy | | N/A | |
| 11/20/2016 | TD Securities | Reiterated Rating | Buy | $67.00 -> $74.00 | N/A | |
| 9/27/2016 | BMO Capital Markets | Reiterated Rating | Outperform | $65.00 | N/A | |
| 9/1/2016 | Bank of America Corporation | Initiated Coverage | Buy | $52.00 -> $45.45 | N/A | |
| 7/20/2016 | Goldman Sachs Group, Inc. (The) | Initiated Coverage | Buy | $70.00 | N/A | |
| 5/2/2016 | Barclays PLC | Boost Price Target | Equal Weight | $33.00 -> $43.00 | N/A | |
| 3/30/2016 | Citigroup Inc. | Upgrade | Neutral -> Buy | $50.00 -> $55.00 | N/A | |
| 12/15/2015 | J P Morgan Chase & Co | Initiated Coverage | Overweight | $64.00 | N/A | |
| 12/8/2015 | CIBC | Reiterated Rating | Sector Perform -> Sector Outperform | $56.00 | N/A | |
| 12/2/2015 | Macquarie | Upgrade | Neutral -> Outperform | | N/A | |
| 11/20/2015 | National Bank Financial | Reiterated Rating | Sector Perform | $57.00 | N/A | |
(Data available from 7/27/2015 forward)
Earnings History for TransCanada Corporation (NYSE:TRP)Earnings History by Quarter for TransCanada Corporation (NYSE TRP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/28/2017 | | $0.50 | $0.75 | | | | N/A | |
| 2/16/2017 | Q416 | $0.55 | $0.75 | | $3.62 billion | View | N/A | |
| 7/28/2016 | | $0.52 | $0.52 | $2.58 billion | $2.75 billion | View | N/A | |
| 4/29/2016 | Q415 | $0.66 | $0.70 | $2.98 billion | $2.55 billion | View | N/A | |
| 2/11/2016 | | $0.61 | $0.64 | $2.89 billion | $2.85 billion | View | N/A | |
| 11/3/2015 | Q315 | $0.60 | $0.62 | $2.67 billion | $2.94 billion | View | N/A | |
| 7/31/2015 | Q215 | $0.39 | $0.56 | $2.34 billion | $2.63 billion | View | Listen | |
| 5/1/2015 | Q115 | $0.64 | $0.66 | $3.08 billion | $2.87 billion | View | N/A | |
| 2/13/2015 | Q414 | $0.63 | $0.65 | | $2.62 billion | View | N/A | |
| 11/4/2014 | Q314 | $0.63 | $0.63 | $2.53 million | $2.45 billion | View | N/A | |
| 7/31/2014 | Q214 | $0.49 | $0.47 | $2.26 billion | $2.23 billion | View | N/A | |
| 5/2/2014 | Q114 | $0.59 | $0.60 | $2.37 billion | $2.88 billion | View | N/A | |
| 2/20/2014 | Q413 | $0.61 | $0.58 | $2.31 billion | $2.33 billion | View | N/A | |
| 11/5/2013 | Q313 | $0.58 | $0.68 | | $2.20 billion | View | N/A | |
| 7/26/2013 | Q213 | $0.52 | $0.51 | $2.14 billion | $2.01 billion | View | N/A | |
| 4/26/2013 | Q113 | $0.54 | $0.52 | $2.27 billion | $2.25 billion | View | N/A | |
| 2/12/2013 | Q412 | $0.49 | $0.45 | $2.23 billion | $2.09 billion | View | N/A | |
| 10/30/2012 | Q312 | $0.53 | $0.52 | $2.26 billion | | View | N/A | |
| 7/27/2012 | | $0.48 | $0.46 | | | View | N/A | |
| 4/27/2012 | | $0.55 | $0.52 | | | View | N/A | |
| 2/14/2012 | | $0.54 | $0.52 | | | View | N/A | |
| 11/1/2011 | | $0.58 | $0.59 | | | View | N/A | |
| 7/28/2011 | | $0.52 | $0.51 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for TransCanada Corporation (NYSE:TRP)Current Year EPS Consensus Estimate: $2.15 EPS
Next Year EPS Consensus Estimate: $2.44 EPS
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 History by Quarter for TransCanada Corporation (NYSE TRP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/8/2017 | quarterly | $0.46 | 3.88% | 6/28/2017 | 6/30/2017 | 7/31/2017 |
| 2/16/2017 | | $0.47 | | 3/29/2017 | 3/31/2017 | 4/28/2017 |
| 11/2/2016 | quarterly | $0.42 | 3.92% | 12/28/2016 | 12/30/2016 | 1/31/2017 |
| 7/28/2016 | | $0.43 | | 9/28/2016 | 9/30/2016 | 10/31/2016 |
| 5/2/2016 | quarterly | $0.45 | 4.28% | 6/28/2016 | 6/30/2016 | 7/29/2016 |
| 2/12/2016 | quarterly | $0.41 | 4.63% | 3/29/2016 | 3/31/2016 | 4/29/2016 |
| 11/3/2015 | | $0.39 | | 12/29/2015 | 12/31/2015 | 1/29/2016 |
| 8/3/2015 | quarterly | $0.40 | 4.23% | 9/28/2015 | 9/30/2015 | 10/30/2015 |
| 5/1/2015 | quarterly | $0.43 | 3.72% | 6/26/2015 | 6/30/2015 | 7/31/2015 |
| 2/13/2015 | quarterly | $0.42 | 3.63% | 3/27/2015 | 3/31/2015 | 4/30/2015 |
| 11/5/2014 | quarterly | $0.43 | 3.44% | 12/29/2014 | 12/31/2014 | 1/30/2015 |
| 7/31/2014 | quarterly | $0.48 | 3.6% | 9/26/2014 | 9/30/2014 | 10/31/2014 |
| 5/2/2014 | quarterly | $0.48 | 3.74% | 6/26/2014 | 6/30/2014 | 7/31/2014 |
| 2/20/2014 | quarterly | $0.48 | 3.98% | 3/27/2014 | 3/31/2014 | 4/30/2014 |
| 11/5/2013 | | $0.44 | | 12/27/2013 | 12/31/2013 | 1/31/2014 |
| 11/5/2013 | quarterly | $0.46 | 3.82% | 12/27/2013 | 12/31/2013 | 1/31/2014 |
| 7/26/2013 | quarterly | $0.46 | 3.88% | 9/26/2013 | 9/30/2013 | 10/31/2013 |
| 4/29/2013 | quarterly | $0.45 | 3.65% | 6/26/2013 | 6/28/2013 | 7/31/2013 |
| 2/12/2013 | quarterly | $0.46 | 3.88% | 3/26/2013 | 3/29/2013 | 4/30/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for TransCanada Corporation (NYSE:TRP)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for TransCanada Corporation (NYSE:TRP)
Latest Headlines for TransCanada Corporation (NYSE:TRP)
| Source: |
|
| Date | Headline |
|---|
 | Petronas pulls out of Pacific Northwest LNG project - Seeking Alpha
seekingalpha.com - July 27 at 8:35 AM |
 | Race to the finish line: Pipeline projects compete for growing demand
www.bizjournals.com - July 21 at 8:00 AM |
| Race to the finish line: Pipeline projects compete for growing demand
www.bizjournals.com - July 21 at 8:00 AM |
| TransCanada: Nearly 4% Yield With 10% Dividend Growth Per Year
seekingalpha.com - July 18 at 9:13 AM |
 | TransCanada Corporation (TRP) Lifted to "Buy" at BidaskClub
www.americanbankingnews.com - July 16 at 8:56 PM |
 | Form 6-K TRANSCANADA CORP For: Jul 14
www.streetinsider.com - July 14 at 4:18 PM |
 | TransCanada Expects Its Capital Program to Drive Earnings Growth
finance.yahoo.com - July 14 at 4:17 PM |
| TransCanada Corporation (TRP) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - July 11 at 8:50 PM |
 | RPT-Canada's Desjardins may stop pipeline loans, cites environment - Nasdaq
www.nasdaq.com - July 10 at 7:27 AM |
| TransCanada Corporation (TRP) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - July 8 at 7:50 AM |
| TransCanada (TRP) Shares Cross Below 200 DMA
www.nasdaq.com - June 30 at 1:27 AM |
| Keystone XL faces new challenge: Customers are no longer interested - Seeking Alpha
seekingalpha.com - June 29 at 8:25 PM |
| Nobody's Interested: TransCanada Facing New Keystone XL Issue
finance.yahoo.com - June 29 at 3:23 PM |
 | Oil pipeline firms' discounts rile clients, roil markets - Reuters
www.reuters.com - June 29 at 7:31 AM |
 | 5 Things You Didn't Know About TransCanada Corporation
www.fool.com - June 27 at 10:28 AM |
| Does TransCanada Corporation Belong in Your Dividend Portfolio?
www.fool.ca - June 27 at 9:19 AM |
| Cash Dividend On The Way From TransCanada Corp's Cumulative Redeemable First Preferred Shares, Series 7
www.nasdaq.com - June 27 at 9:19 AM |
| TransCanada (TRP) Presents At J.P. Morgan Energy Equity Investor Conference - Slideshow
seekingalpha.com - June 27 at 9:19 AM |
| TransCanada 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 |
| ETFs with exposure to TransCanada Corp. : June 20, 2017
finance.yahoo.com - June 21 at 6:15 AM |
| TransCanada Corp. - A Strong Investment For Income Seekers
seekingalpha.com - June 20 at 8:43 AM |
| TransCanada Corp. :TRP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 20 at 8:42 AM |
| TransCanada Corporation (TRP) & Dominion Midstream Partners, (DM) Head to Head Survey
www.americanbankingnews.com - June 18 at 12:42 AM |
| TransCanada Corporation: Significant Upside Potential - Seeking Alpha
seekingalpha.com - June 17 at 6:47 AM |
| TransCanada Corporation (TRP) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 16 at 6:32 PM |
| TransCanada Drafts $2B Expansion Plans for NOVA Gas System
finance.yahoo.com - June 15 at 3:33 PM |
| Why TransCanada Corporation Is a Retiree's Dream Stock
finance.yahoo.com - June 15 at 3:33 PM |
| Why TransCanada Corporation Is a Retiree's Dream Stock
www.fool.com - June 15 at 11:16 AM |
| TransCanada Invests C$2 Bln To Expand NGTL System Capacity
www.nasdaq.com - June 15 at 2:34 AM |
| TransCanada invests $2 billion to expand NGTL System capacity
finance.yahoo.com - June 14 at 9:17 AM |
| How TransCanada Corporation Makes Most of Its Money
finance.yahoo.com - June 8 at 1:27 AM |
| TransCanada Completes Sale of U.S. Northeast Power Assets
finance.yahoo.com - June 5 at 12:44 PM |
| TransCanada 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 |
| Williams Companies’ Current Valuation: What’s the Story?
finance.yahoo.com - May 26 at 7:53 AM |
| TransCanada Co. (TRP) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 22 at 6:20 PM |
| Where Will TransCanada Corporation Be in 10 Years?
www.fool.com - May 16 at 10:40 AM |
| TransCanada 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 |
| TransCanada Co. (TRP) Coverage Initiated by Analysts at Wolfe Research
www.americanbankingnews.com - May 12 at 1:02 PM |
| 4 Things TransCanada Corporation's CEO Wants You to Know About Its Q1 Results
www.fool.com - May 10 at 10:48 AM |
| 4 Things TransCanada Corporation's CEO Wants You to Know About Its Q1 Results
finance.yahoo.com - May 10 at 10:14 AM |
| National Bank Financial Comments on TransCanada Co.'s FY2017 Earnings (TRP)
www.americanbankingnews.com - May 10 at 9:38 AM |
| TheStreet Upgrades TransCanada Co. (TRP) to "B-"
www.americanbankingnews.com - May 9 at 3:16 PM |
| TransCanada Co. (TRP) to Post FY2018 Earnings of $2.37 Per Share, National Bank Financial Forecasts
www.americanbankingnews.com - May 9 at 11:26 AM |
| TransCanada Co. (TRP) Plans Quarterly Dividend of $0.46
www.americanbankingnews.com - May 8 at 6:20 PM |
| Acquisitions Fuel a Record-Breaking Quarter for TransCanada Corporation
www.fool.com - May 5 at 2:53 PM |
| Brokerages Anticipate TransCanada Co. (TRP) to Announce $0.66 EPS
www.americanbankingnews.com - May 5 at 9:12 AM |
| TransCanada profit beats on U.S., Mexican pipeline businesses
finance.yahoo.com - May 5 at 8:10 AM |
| TransCanada Reports First Quarter 2017 Financial Results; Strong Results Build Upon Transformational 2016
finance.yahoo.com - May 5 at 8:10 AM |
| TransCanada Declares Quarterly Dividends
finance.yahoo.com - May 5 at 8:10 AM |
| TransCanada's quarterly profit more than doubles
finance.yahoo.com - May 5 at 8:10 AM |
TransCanada Corporation (TRP) Chart for Thursday, July, 27, 2017
