TSE:TRPTc Pipelines Stock Price, Forecast & News

C$63.19

+1.20 (+1.94 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

C$62.35

Now: C$63.19▼

C$63.93

50-Day Range

C$57.96

MA: C$62.84▼

C$67.49

52-Week Range

C$47.05

Now: C$63.19▼

C$76.58

Volume2.61 million shs

Average Volume3.12 million shs

Market CapitalizationC$59.40 billion

P/E Ratio14.36

Dividend Yield5.23%

BetaN/A

TransCanada Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments. The company transports natural gas to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, and other businesses. It owns and operates wholly-owned natural gas pipelines of 81,500 kilometers and partially-owned natural gas pipelines of 11,100 kilometers; and regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. The company also owns and manages midstream assets that provide natural gas producer services, including gathering, treatment, conditioning, processing, and liquids handling with a focus on the Appalachian Basin. In addition, it owns and operates liquids pipelines infrastructure for the transportation of Alberta crude oil supplies to the refining markets in Illinois, Oklahoma, and the U.S. Gulf Coast, as well as U.S. crude oil supplies from the market hub at Cushing, Oklahoma to the U.S. Gulf Coast. Further, the company operates 10 power generation facilities with a power generation capacity of 6,615 megawatt powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, New Brunswick, and Arizona; and owns and operates approximately 118 billion cubic feet of unregulated natural gas storage capacity in Alberta. TransCanada Corporation was founded in 1951 and is headquartered in Calgary, Canada.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Tc Pipelines has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$72.17, Tc Pipelines has a potential upside of 14.2% from its current price of C$63.19.
Amount of Analyst Coverage
Tc Pipelines has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Tc Pipelines has received 503 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tc Pipelines has received 434 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tc Pipelines has received 53.68% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tc Pipelines and other stocks. Vote “Outperform” if you believe TRP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TRP will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Tc Pipelines is a leading dividend payer. It pays a dividend yield of 5.23%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tc Pipelines does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tc Pipelines is 69.53 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tc Pipelines insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Tc Pipelines are expected to decrease by -100.00% in the coming year, from C$4.09 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tc Pipelines is 14.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tc Pipelines is 14.36, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.53.
Price to Earnings Growth Ratio
Tc Pipelines has a PEG Ratio of 9.93. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Tc Pipelines has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.95 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Industrial Metals & Minerals

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:TRP

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.transcanada.com

Phone+1-403-9202000

Debt

Debt-to-Equity Ratio163.58

Current Ratio0.51

Quick Ratio0.30

Price-To-Earnings

Trailing P/E Ratio14.36

Forward P/E Ratio15.45

P/E Growth9.93

Sales & Book Value

Annual SalesC$13.19 billion

Price / Sales4.50

Cash FlowC$2.99 per share

Price / Cash Flow21.14

Book ValueC$30.06 per share

Price / Book2.10

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees7,081

Outstanding Shares940,000,000

Market CapC$59.40 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Tc Pipelines (TSE:TRP) Frequently Asked Questions

How has Tc Pipelines' stock been impacted by COVID-19 (Coronavirus)?

Tc Pipelines' stock was trading at C$63.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRP shares have decreased by 0.3% and is now trading at C$63.19. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tc Pipelines?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tc Pipelines in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tc Pipelines.

When is Tc Pipelines' next earnings date?

Tc Pipelines is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Tc Pipelines.

How were Tc Pipelines' earnings last quarter?

Tc Pipelines Lp (TSE:TRP) released its quarterly earnings data on Friday, May, 1st. The company reported $1.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.05 by $0.13. The firm earned $3.42 billion during the quarter. View Tc Pipelines' earnings history.

How often does Tc Pipelines pay dividends? What is the dividend yield for Tc Pipelines?

Tc Pipelines declared a quarterly dividend on Thursday, February 13th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.81 per share on Thursday, April 30th. This represents a $3.24 annualized dividend and a dividend yield of 5.13%. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from Tc Pipelines's previous quarterly dividend of C$0.75. View Tc Pipelines' dividend history.

What price target have analysts set for TRP?

8 Wall Street analysts have issued 1 year price objectives for Tc Pipelines' shares. Their forecasts range from C$55.00 to C$83.00. On average, they expect Tc Pipelines' stock price to reach C$72.17 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View analysts' price targets for Tc Pipelines.

Has Tc Pipelines been receiving favorable news coverage?

News articles about TRP stock have trended somewhat positive this week, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tc Pipelines earned a news impact score of 1.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutTc Pipelines.

Who are some of Tc Pipelines' key competitors?

Some companies that are related to Tc Pipelines include BHP Group (BHP), Rio Tinto (RIO), Fortescue Metals Group (FMG), BHP Group (BHP), Rio Tinto Limited Fully Paid Ord. Shrs (RIO), Anglo American (AAL), Glencore (GLEN), Antofagasta (ANTO), South32 (S32), Teck Resources (TECK.B), Polymetal International (POLY), First Quantum Minerals (FM), South32 (S32), Fresnillo (FRES) and Cameco (CCO). View all competitors.

What other stocks do shareholders of Tc Pipelines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tc Pipelines investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Wheaton Precious Metals (WPM), Rogers Communications (RCI) and Open Text (OTEX).

Who are Tc Pipelines' key executives?

Tc Pipelines' management team includes the following people:

Mr. Russell K. Girling B.Com., M.B.A., B.Comm., Pres, CEO & Director (Age 56)
Mr. Donald R. Marchand, Exec. VP & CFO (Age 56)
Mr. Paul E. Miller, Exec. VP of Technical Centre & Pres of Liquids Pipelines (Age 60)
Mr. Stanley Graham Chapman III, Exec. VP & Pres of U.S. Natural Gas Pipelines (Age 53)
Mr. David Moneta, VP of Investor Relations

What is Tc Pipelines' stock symbol?

Tc Pipelines trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TRP."

How do I buy shares of Tc Pipelines?

Shares of TRP 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.

What is Tc Pipelines' stock price today?

One share of TRP stock can currently be purchased for approximately C$63.19.

How big of a company is Tc Pipelines?

Tc Pipelines has a market capitalization of C$59.40 billion and generates C$13.19 billion in revenue each year. Tc Pipelines employs 7,081 workers across the globe.

What is Tc Pipelines' official website?

The official website for Tc Pipelines is www.transcanada.com.

How can I contact Tc Pipelines?

Tc Pipelines' mailing address is 450 1 St SW, CALGARY, AB T2P 5H1, Canada. The company can be reached via phone at +1-403-9202000.

This page was last updated on 6/5/2020 by MarketBeat.com Staff