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
- Sub-Industry: N/A
- Symbol: NYSE:TRP
- CUSIP: N/A
- Web: www.transcanada.com
Capitalization:- Market Cap: $43.22 billion
- Outstanding Shares: 871,000,000
Average Prices:- 50 Day Moving Avg: $50.45
- 200 Day Moving Avg: $48.15
- 52 Week Range: $42.69 - $51.85
P/E:- Trailing P/E Ratio: 52.84
- Foreward P/E Ratio: 18.87
- P/E Growth: 3.61
Sales & Book Value:- Annual Revenue: $11.07 billion
- Price / Sales: 3.90
- Book Value: $18.81 per share
- Price / Book: 2.64
Dividend:- Annual Dividend: $1.85
- Dividend Yield: 3.9%
Profitability:- EBIDTA: $5.23 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: 906,461 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. Stockholders 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 dividend yield of 4.03%. 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) announced its earnings results on Thursday, February, 16th. The company reported $0.75 EPS for the quarter, beating the Zacks' consensus estimate of $0.55 by $0.20. The business earned $3.62 billion during the quarter. TransCanada Corporation had a net margin of 8.16% and a return on equity of 12.08%. The firm's quarterly revenue was up 26.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 analysts have issued 12 month price targets for TransCanada Corporation's stock. Their forecasts range from $53.00 to $74.00. On average, they expect 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?
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), ONEOK (OKE), Sunoco Logistics Partners LP (ETP), Magellan Midstream Partners L.P. (MMP), Plains All American Pipeline, L.P. (PAA), Pembina Pipeline Corp. (PBA), Spectra Energy Partners, LP (SEP), Mplx Lp (MPLX), Cheniere Energy Partners LP (CQP), Cheniere Energy Partners LP (CQP), Targa Resources (TRGP), Buckeye Partners L.P. (BPL), Enbridge Energy, L.P. (EEP), Enable Midstream Partners, LP (ENBL) and EQT Midstream Partners, LP (EQM).
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%), TD Asset Management Inc. (3.06%), Vanguard Group Inc. (2.49%), Capital Research Global Investors (1.96%), FMR LLC (1.93%) and JPMorgan Chase & Co. (1.04%). 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 JPMorgan Chase & Co., Bank of Nova Scotia, CIBC Asset Management Inc, Bank of Montreal Can, Fiera Capital Corp, Canada Pension Plan Investment Board, Great West Life Assurance Co. Can and Sprott Inc.. 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 FMR LLC, Vanguard Group Inc., PNC Financial Services Group Inc., Wells Fargo & Company MN, Forsta AP Fonden, Kayne Anderson Capital Advisors LP, Highstreet Asset Management Inc. and Public Sector Pension investment Board. 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 $49.62.
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: | 1 Hold Rating, 8 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.89) |
| Consensus Price Target: | $66.29 (33.59% upside) |
Analysts' Ratings History for TransCanada Corporation (NYSE:TRP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/22/2017 | Morgan Stanley | Initiated Coverage | Equal -> Equal Weight | $53.00 | Low |  |
| 7/31/2017 | BMO Capital Markets | Boost Price Target | Outperform | $72.00 -> $73.00 | Low | |
| 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 | |
| 9/1/2016 | 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 9/22/2015 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 |
|---|
| 11/7/2017 | | | | | | | | |
| 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: $2.42 EPS
Next Year EPS Consensus Estimate: $2.63 EPS
Current Dividend Information for TransCanada Corporation (NYSE:TRP)| Next Dividend: | 10/31/2017 |
| Annual Dividend: | $1.85 |
| Dividend Yield: | 3.73% |
| Dividend Growth: | -1.90% (3 Year Average) |
| Payout Ratio: | 215.12% (Trailing 12 Months of Earnings)
76.45% (Based on This Year's Estimates)
70.34% (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 |
|---|
| 7/31/2017 | quarterly | $0.50 | 3.91% | 9/28/2017 | 9/29/2017 | 10/31/2017 |
| 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)
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TransCanada Corporation (TRP) Chart for Friday, September, 22, 2017
