US Capital Advisors Estimates TC Energy FY2028 Earnings

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – Analysts at US Capital Advisors issued their FY2028 earnings estimates for shares of TC Energy in a research report issued to clients and investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker forecasts that the pipeline company will post earnings of $2.75 per share for the year. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its earnings results on Friday, February 13th. The pipeline company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.05. TC Energy had a net margin of 23.04% and a return on equity of 10.52%. The business had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter last year, the company posted $1.05 EPS.

Several other research analysts also recently commented on TRP. Raymond James Financial raised TC Energy to a “hold” rating in a report on Tuesday, February 17th. Citigroup reaffirmed a “neutral” rating on shares of TC Energy in a report on Thursday, February 19th. Barclays reissued an “overweight” rating on shares of TC Energy in a report on Friday, February 20th. Scotiabank restated an “outperform” rating on shares of TC Energy in a research report on Tuesday, February 17th. Finally, Wall Street Zen raised shares of TC Energy from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $72.50.

TC Energy Price Performance

NYSE:TRP opened at $64.18 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 0.63 and a debt-to-equity ratio of 1.66. The firm has a market cap of $66.82 billion, a PE ratio of 27.62 and a beta of 0.72. TC Energy has a 12 month low of $43.59 and a 12 month high of $65.57. The company’s 50-day moving average price is $61.12 and its two-hundred day moving average price is $56.09.

TC Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.8775 per share. The ex-dividend date is Tuesday, March 31st. This is an increase from TC Energy’s previous quarterly dividend of $0.85. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.5%. TC Energy’s dividend payout ratio is presently 106.90%.

Hedge Funds Weigh In On TC Energy

Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in TC Energy by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 47,801,695 shares of the pipeline company’s stock worth $2,632,200,000 after purchasing an additional 980,221 shares during the period. Capital Research Global Investors raised its holdings in TC Energy by 2.5% during the 3rd quarter. Capital Research Global Investors now owns 41,977,582 shares of the pipeline company’s stock worth $2,282,469,000 after purchasing an additional 1,041,864 shares during the last quarter. FIL Ltd lifted its position in TC Energy by 3.9% during the 4th quarter. FIL Ltd now owns 28,305,789 shares of the pipeline company’s stock valued at $1,558,669,000 after purchasing an additional 1,052,166 shares during the period. Canada Pension Plan Investment Board boosted its stake in shares of TC Energy by 5.9% in the 2nd quarter. Canada Pension Plan Investment Board now owns 20,986,748 shares of the pipeline company’s stock valued at $1,025,220,000 after purchasing an additional 1,178,190 shares during the last quarter. Finally, TD Asset Management Inc boosted its stake in shares of TC Energy by 6.3% in the 4th quarter. TD Asset Management Inc now owns 20,868,772 shares of the pipeline company’s stock valued at $1,150,656,000 after purchasing an additional 1,244,525 shares during the last quarter. Institutional investors own 83.13% of the company’s stock.

More TC Energy News

Here are the key news stories impacting TC Energy this week:

• Positive Sentiment: Coastal GasLink commercial agreements with LNG Canada advance the pipeline’s second phase — this strengthens project backing for additional LNG volumes, supports future contracted cash flows and de-risks the growth pipeline that underpins long‑term earnings. TC Energy inks new deals for GasLink expansion
• Positive Sentiment: US Capital Advisors raised earnings forecasts across multiple periods (FY2026, FY2027, FY2028 and several quarterly estimates), including FY2028 to $2.75 vs. consensus ~$2.63 — analyst upgrades signal improving fundamentals/visibility and can support multiple expansion or reduced downside risk versus prior expectations.
• Neutral Sentiment: Industry dividend coverage piece highlights TRP as a dividend-heavy, defensive energy name alongside peers — reinforces the stock’s appeal for income-focused investors, though it’s more of a positioning/flow driver than a catalyst for material re-rating. 3 Large Energy Dividend Stocks to Ride Out Oil Price Swings

TC Energy Company Profile

TC Energy (NYSE: TRP) is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent.

The company’s principal businesses include long‑distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation.