TransCanada Company Profile (TSE:TRP)

About TransCanada

TransCanada 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: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: TRP
  • CUSIP:
Key Metrics:
  • Previous Close: $61.80
  • 50 Day Moving Average: $61.95
  • 200 Day Moving Average: $61.14
  • 52-Week Range: C$46.81 - C$65.24
  • Trailing P/E Ratio: 383.81
  • P/E Growth: 2.65
  • Market Cap: $53.24B
  • Outstanding Shares: 864,000,000
Additional Links:

Analyst Ratings

Consensus Ratings for TransCanada (TSE:TRP) (?)
Ratings Breakdown: 7 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: C$66.10

Analysts' Ratings History for TransCanada (TSE:TRP)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017Royal Bank of CanadaReiterated RatingOutperformC$72.00View Rating Details
2/17/2017ScotiabankReiterated RatingOutperformC$69.00View Rating Details
2/17/2017TD SecuritiesBoost Price TargetBuyC$74.00 -> C$75.00View Rating Details
2/9/2017CIBCBoost Price TargetC$66.00 -> C$68.00View Rating Details
1/25/2017National Bank FinancialBoost Price TargetC$63.00 -> C$66.00View Rating Details
11/18/2016CSFBReiterated RatingOutperformC$70.00View Rating Details
9/1/2016Bank of America CorpReiterated RatingBuyC$68.00View Rating Details
7/7/2016BMO Capital MarketsBoost Price TargetC$62.00 -> C$65.00View Rating Details
4/4/2016FirstEnergy Corp.Boost Price TargetC$47.00 -> C$53.00View Rating Details
4/1/2016Credit Suisse GroupDowngradeGlobal Focus List -> NAView Rating Details
3/31/2016Citigroup Inc.UpgradeNeutral -> BuyC$50.00 -> C$55.00View Rating Details
2/12/2016FirstEnergy CapitalBoost Price TargetC$46.00 -> C$47.00View Rating Details
12/15/2015J P Morgan Chase & CoInitiated CoverageOverweightC$64.00View Rating Details
9/11/2015Goldman Sachs Group, Inc. (The)UpgradeSell -> NeutralC$52.00 -> C$49.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for TransCanada (TSE:TRP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017        
8/1/2014$0.51$0.47ViewN/AView Earnings Details
5/5/2014$0.60$0.60ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TransCanada (TSE:TRP)
Current Year EPS Consensus Estimate: $2.86 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.68$0.68$0.68
Q2 20161$0.52$0.52$0.52
Q3 20161$0.70$0.70$0.70
(Data provided by Zacks Investment Research)

Dividends

Dividend History for TransCanada (TSE:TRP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/26/2014QuarterlyC$0.483.8%6/26/20147/31/20147/31/2014
3/27/2014QuarterlyC$0.483.82%3/27/20144/30/20144/30/2014
12/27/2013QuarterlyC$0.463.98%12/27/20131/31/20141/31/2014
4/26/2013quarterlyC$0.466/28/20137/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TransCanada (TSE:TRP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/23/2017Mary Patricia SalomoneDirectorBuy1,000C$47.00C$47,000.00
2/23/2017William C TaylorInsiderSell1,500C$61.47C$92,205.00
2/22/2017Patrick M KeysDirectorSell500C$62.49C$31,245.00
2/21/2017Dave SchultzInsiderSell9,059C$62.50C$566,187.50
9/8/2016John F SoiniDirectorSell200C$60.80C$12,160.00
9/6/2016Christine R JohnstonDirectorSell430C$61.15C$26,294.50
8/5/2016Karl JohannsonInsiderSell700C$60.99C$42,693.00
3/23/2016Joel E HunterDirectorSell10,000C$49.65C$496,500.00
3/23/2016Steven D BeckerInsiderSell400C$49.62C$19,848.00
3/22/2016Brandon M AndersonDirectorBuy350C$37.41C$13,093.50
12/21/2015Mark YeomansDirectorSell323C$45.76C$14,780.48
12/18/2015Paula Rosput ReynoldsDirectorBuy1,500C$32.86C$49,290.00
12/18/2015Ronald L CookInsiderSell600C$45.93C$27,558.00
12/16/2015Alex PourbaixInsiderSell15,000C$47.53C$712,950.00
12/16/2015Der Put Jan VanDirectorSell1,922C$47.49C$91,275.78
12/15/2015William C TaylorInsiderSell12,675C$46.34C$587,359.50
12/11/2015Der Put Jan VanDirectorSell2,084C$44.08C$91,862.72
12/11/2015Lee G HobbsInsiderSell100C$44.06C$4,406.00
12/10/2015Paul F MacgregorInsiderSell30C$44.83C$1,344.90
12/9/2015James M BaggsInsiderSell1,638C$43.71C$71,596.98
12/9/2015Siim A VanaseljaDirectorBuy8,300C$42.36C$351,588.00
12/7/2015John Edward LoweDirectorBuy5,000C$30.22C$151,080.00
11/5/2015Ronald L CookInsiderSell1,200C$45.14C$54,168.00
9/11/2015Paul E MillerDirectorBuy1,000C$42.83C$42,829.00
9/1/2015Paul E MillerDirectorBuy1,000C$44.07C$44,068.00
8/26/2015Donald R MarchandInsiderBuy1,000C$43.30C$43,300.00
8/25/2015Robert E JonesDirectorBuy1,000C$44.35C$44,347.00
6/3/2015Wendy HanrahanInsiderBuy2,000C$53.25C$106,500.00
5/5/2015Alex PourbaixInsiderBuy10,800C$55.15C$595,586.52
4/2/2015Eric W TatarchukDirectorSell1,803C$54.24C$97,794.72
3/30/2015Eric W TatarchukDirectorSell1,500C$55.18C$82,770.00
3/30/2015Michael SouthamInsiderSell1,200C$54.84C$65,808.00
3/19/2015Karl JohannsonInsiderSell8,000C$55.46C$443,640.00
3/10/2015Donald R MarchandInsiderBuy1,000C$54.35C$54,350.00
3/6/2015Paul E MillerDirectorBuy5,000C$54.74C$273,713.50
12/10/2014Derek Hudson BurneyDirectorBuy2,703C$52.23C$141,189.31
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for TransCanada (TSE:TRP)
DateHeadline
News IconTD Securities Raises TransCanada Co. (TRP) Price Target to C$75.00 (TSE:TRP)
www.graffiotech.com - February 23 at 10:29 PM
finance.yahoo.com logoTransCanada launches open season for flat toll on natgas Mainline (TSE:TRP)
finance.yahoo.com - February 22 at 9:16 PM
capitalcube.com logoTransCanada Corp. :TRP-CA: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (TSE:TRP)
www.capitalcube.com - February 22 at 9:16 PM
finance.yahoo.com logoTransCanada Launches Open Season on Revised Mainline Tolling Option (TSE:TRP)
finance.yahoo.com - February 22 at 10:28 AM
seekingalpha.com logoTransCanada (TRP) Q4 2016 Results - Earnings Call Transcript (TSE:TRP)
seekingalpha.com - February 17 at 6:57 PM
finance.yahoo.com logoTransCanada Files 2016 Annual Disclosure Documents (TSE:TRP)
finance.yahoo.com - February 16 at 8:11 PM
finance.yahoo.com logoCANADA FX DEBT-C$ pulls back from 10-day high, $1.3000 out of reach (TSE:TRP)
finance.yahoo.com - February 16 at 8:11 PM
finance.yahoo.com logoTransCanada files Keystone XL route application in Nebraska (TSE:TRP)
finance.yahoo.com - February 16 at 8:11 PM
wsj.com logo[$$] TransCanada Tries Again for Nebraska's Approval of Keystone (TSE:TRP)
www.wsj.com - February 16 at 8:11 PM
marketwired.com logoColumbia Pipeline Partners LP Encourages Unitholders to Vote at Reconvened ... (TSE:TRP)
www.marketwired.com - February 14 at 6:41 AM
businesswire.com logoWhetstone Capital Urges Columbia Pipeline Partners Unitholders to Vote against Merger with TransCanada Corporation - Business Wire (press release) (TSE:TRP)
www.businesswire.com - February 10 at 6:11 AM
finance.yahoo.com logoPRESS DIGEST- Canada - Feb 9 (TSE:TRP)
finance.yahoo.com - February 9 at 6:17 AM
News IconTransCanada Corporation's 3 Biggest Growth Opportunities ... - Madison.com (TSE:TRP)
host.madison.com - February 7 at 3:47 AM
reuters.com logoFERC delegates authority to staff in absence of a quorum (TSE:TRP)
www.reuters.com - February 4 at 5:29 AM
finance.yahoo.com logoHow Trump Could Kill His Pipeline (TSE:TRP)
finance.yahoo.com - February 3 at 6:21 AM
finance.yahoo.com logoEnergy sector could see favor in NAFTA talks -Canada minister (TSE:TRP)
finance.yahoo.com - February 3 at 6:21 AM
finance.yahoo.com logoPRESS DIGEST- Canada-Feb 1 (TSE:TRP)
finance.yahoo.com - February 1 at 7:02 AM
News IconFree Cash Flow Score in Focus for TransCanada Corporation (TSX:TRP) - Gilbert Daily (TSE:TRP)
gilbertdaily.com - January 30 at 10:53 AM
finance.yahoo.com logoPipeline opponents face high legal hurdles (TSE:TRP)
au.finance.yahoo.com - January 29 at 11:02 PM
News Icon'Pleased to have this opportunity': TransCanada submits new application for Keystone XL - BNN (TSE:TRP)
www.bnn.ca - January 28 at 7:06 AM
News IconTransCanada submits new Keystone XL application to U.S. State Department (TSE:TRP)
www.onenewspage.com - January 27 at 6:21 AM
business.financialpost.com logoTransCanada CEO says shippers being polled for support of Keystone XL - Financial Post (TSE:TRP)
business.financialpost.com - January 27 at 6:21 AM
streetinsider.com logoTransCanada (TRP) Applies for Presidential Permit for Approval of Keystone XL Pipeline - StreetInsider.com (TSE:TRP)
www.streetinsider.com - January 27 at 6:21 AM
sg.finance.yahoo.com logoTransCanada makes new application for Keystone XL (TSE:TRP)
sg.finance.yahoo.com - January 27 at 6:21 AM
finance.yahoo.com logoPRESS DIGEST-Canada - Jan 27 (TSE:TRP)
finance.yahoo.com - January 27 at 6:21 AM
nasdaq.com logoWhy Money Managers Say Energy Stocks Have Not Run Out Of Gas (TSE:TRP)
www.nasdaq.com - January 26 at 6:27 AM
News IconTransCanada Hustles to Revive Keystone XL After Trump's Executive Order - Fox Business (TSE:TRP)
www.foxbusiness.com - January 26 at 6:27 AM
News IconTransCanada CEO says shippers being polled for support of Keystone XL - Calgary Herald (TSE:TRP)
calgaryherald.com - January 26 at 6:27 AM
finance.yahoo.com logoTransCanada to find out if shippers still behind Keystone XL -report (TSE:TRP)
finance.yahoo.com - January 26 at 6:27 AM
finance.yahoo.com logoTransCanada to find out if shippers still behind Keystone XL (TSE:TRP)
finance.yahoo.com - January 26 at 6:27 AM
finance.yahoo.com logoTransCanada has not yet broached Keystone XL with shippers: CEO (TSE:TRP)
finance.yahoo.com - January 26 at 6:27 AM
marketrealist.com logoTrump Revives TransCanada’s Keystone XL Pipeline (TSE:TRP)
marketrealist.com - January 25 at 7:49 AM
News IconLooking at the Numbers for TransCanada Corporation (TSX:TRP) - Gilbert Daily (TSE:TRP)
gilbertdaily.com - January 24 at 12:25 AM
News IconAnalysts Take: TransCanada Corporation (NYSE:TRP) Projected Earnings & Price Targets - Aiken Advocate (TSE:TRP)
aikenadvocate.com - January 24 at 12:25 AM
News IconMontrusco Bolton Investments adds TransCanada Corporation (USA) (TRP) to its portfolio - Highland Mirror (TSE:TRP)
www.highlandmirror.com - January 24 at 12:25 AM
finance.yahoo.com logoTransCanada Receives FERC Approval to Construct Leach XPress and Rayne XPress Projects (TSE:TRP)
finance.yahoo.com - January 20 at 7:16 AM
finance.yahoo.com logoValue of Canadian equity issues hits record high in 2016 (TSE:TRP)
finance.yahoo.com - January 5 at 7:12 AM
uk.finance.yahoo.com logoMorgan Stanley, Barclays top Canadian M&A adviser rankings in 2016 (TSE:TRP)
uk.finance.yahoo.com - January 5 at 7:12 AM
fool.ca logoIs TransCanada Corporation a Must-Buy Going into 2017? (TSE:TRP)
www.fool.ca - December 29 at 8:15 PM
fool.ca logoTransCanada Corporation’s Steady Rise to the Top Continues (TSE:TRP)
www.fool.ca - December 23 at 9:54 PM
News IconEV in Focus on Shares of TransCanada Corporation (TSX:TRP) - Highland Digest (TSE:TRP)
highlanddigest.com - December 21 at 2:38 AM
News IconShares in View: TransCanada Corporation (TSX:TRP) - Highland Digest (TSE:TRP)
highlanddigest.com - December 17 at 4:55 AM
News IconInvestor Focus: Watching Shares of TransCanada Corporation (TSX:TRP) - Highland Digest (TSE:TRP)
highlanddigest.com - December 16 at 6:05 AM
capitalcube.com logoTransCanada Corp. – Value Analysis (TORONTO:TRP) : December 15, 2016 (TSE:TRP)
www.capitalcube.com - December 16 at 6:05 AM
capitalcube.com logoTransCanada Corp. breached its 50 day moving average in a Bullish Manner : TRP-CA : December 14, 2016 (TSE:TRP)
www.capitalcube.com - December 15 at 6:49 AM
finance.yahoo.com logoEnergy East pipeline woes cast pall over Canada's Atlantic coast (TSE:TRP)
finance.yahoo.com - December 15 at 6:49 AM
thecountrycaller.com logoTransCanada Corporation (USA) (TRP): Good Times for Keystone XL Pipeline - TCC (TSE:TRP)
www.thecountrycaller.com - December 14 at 6:48 AM
News IconCompany Focus on Shares of TransCanada Corporation (TSX:TRP) - Highland Digest (TSE:TRP)
highlanddigest.com - December 14 at 6:48 AM
News IconInvestor Focus on Shares of TransCanada Corporation (TSX:TRP) - Highland Digest (TSE:TRP)
highlanddigest.com - December 10 at 6:12 AM
marketwired.com logoTransCanada Declares Quarterly Dividends - Marketwired (press release) (TSE:TRP)
www.marketwired.com - December 7 at 8:04 AM

Social

What is TransCanada's stock symbol?

TransCanada trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TRP."

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

7 brokerages have issued 12-month price targets for TransCanada's stock. Their forecasts range from C$53.00 to C$75.00. On average, they expect TransCanada's stock price to reach C$66.10 in the next year.

When will TransCanada announce their earnings?

TransCanada is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.

How do I buy TransCanada stock?

Shares of TransCanada and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of TransCanada stock cost?

One share of TransCanada stock can currently be purchased for approximately C$60.66.

TransCanada (TSE:TRP) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for TransCanada (TSE:TRP)

Earnings History Chart

Earnings by Quarter for TransCanada (TSE:TRP)

Dividend History Chart

Dividend Payments by Quarter for TransCanada (TSE:TRP)

Last Updated on 2/24/2017 by MarketBeat.com Staff