What is Scotiabank’s Estimate for TC Energy FY2026 Earnings?

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Stock analysts at Scotiabank raised their FY2026 earnings per share estimates for TC Energy in a report issued on Thursday, October 22nd. Scotiabank analyst R. Hope now expects that the company will post earnings of $3.87 per share for the year, up from their prior estimate of $3.81. Scotiabank has a “Sector Outperform” rating and a $105.00 price objective on the stock. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

TC Energy (TSE:TRP) (NYSE:TRP) last announced its quarterly earnings results on Thursday, July 30th. The company reported C$0.94 earnings per share (EPS) for the quarter. The company had revenue of C$3.96 billion during the quarter. TC Energy had a return on equity of 13.07% and a net margin of 22.46%.

A number of other research firms have also recently issued reports on TRP. Royal Bank Of Canada raised TC Energy to a “moderate buy” rating in a research note on Friday, September 11th. US Capital Advisors upgraded shares of TC Energy from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 20th. ATB Cormark Capital Markets lifted their price target on shares of TC Energy from C$98.00 to C$100.00 and gave the company a “sector perform” rating in a research note on Friday, July 31st. TD Securities upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, September 14th. Finally, TD upgraded shares of TC Energy from a “hold” rating to a “buy” rating and set a C$102.00 price target for the company in a report on Tuesday, September 15th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, TC Energy has a consensus rating of “Moderate Buy” and an average price target of C$96.29.

TC Energy Trading Up 0.3%

TSE:TRP opened at C$87.58 on Monday. TC Energy has a fifty-two week low of C$69.41 and a fifty-two week high of C$100.18. The company has a debt-to-equity ratio of 229.63, a current ratio of 0.61 and a quick ratio of 0.40. The stock has a market capitalization of C$91.24 billion, a PE ratio of 26.22, a price-to-earnings-growth ratio of 1.69 and a beta of 0.74. The business’s 50-day simple moving average is C$85.82 and its 200-day simple moving average is C$88.04.

TC Energy Company Profile

We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. For over 75 years, we have proudly connected the world to the energy it needs. Every day, we move more than 30 per cent of the natural gas used across the continent and connect LNG exports to global markets-powering communities and industries. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure delivers affordable, reliable and sustainable energy across North America.