Q2 EPS Estimates for TC Energy Raised by US Capital Advisors

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – Investment analysts at US Capital Advisors raised their Q2 2026 earnings estimates for TC Energy in a research note issued to investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings per share of $0.57 for the quarter, up from their prior estimate of $0.55. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. US Capital Advisors also issued estimates for TC Energy’s Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.71 EPS, FY2026 earnings at $2.61 EPS, Q1 2027 earnings at $0.76 EPS, Q2 2027 earnings at $0.61 EPS, Q3 2027 earnings at $0.62 EPS, Q4 2027 earnings at $0.71 EPS and FY2027 earnings at $2.70 EPS.

Several other brokerages also recently commented on TRP. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TC Energy in a report on Monday, December 29th. Barclays reissued an “overweight” rating on shares of TC Energy in a research note on Friday, February 20th. Wall Street Zen raised shares of TC Energy from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. BMO Capital Markets reiterated an “outperform” rating on shares of TC Energy in a report on Tuesday, February 17th. Finally, The Goldman Sachs Group lifted their target price on shares of TC Energy from $48.00 to $53.00 and gave the stock a “sell” rating in a research report on Wednesday, February 18th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $72.50.

TC Energy Stock Performance

Shares of NYSE TRP opened at $64.07 on Tuesday. 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 stock has a market capitalization of $66.71 billion, a price-to-earnings ratio of 27.57 and a beta of 0.72. The stock’s fifty day simple moving average is $60.93 and its 200 day simple moving average is $56.03. TC Energy has a 52-week low of $43.59 and a 52-week high of $65.57.

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

Institutional Trading of TC Energy

Hedge funds have recently made changes to their positions in the stock. GQG Partners LLC grew its position in TC Energy by 586.5% during the fourth quarter. GQG Partners LLC now owns 16,154,469 shares of the pipeline company’s stock valued at $890,711,000 after purchasing an additional 13,801,371 shares in the last quarter. Norges Bank purchased a new stake in TC Energy in the 4th quarter worth approximately $583,732,000. Deutsche Bank AG lifted its position in TC Energy by 63.2% in the 4th quarter. Deutsche Bank AG now owns 15,384,255 shares of the pipeline company’s stock worth $846,288,000 after buying an additional 5,956,263 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of TC Energy by 514.5% during the 3rd quarter. American Century Companies Inc. now owns 6,491,799 shares of the pipeline company’s stock valued at $352,976,000 after buying an additional 5,435,310 shares during the period. Finally, Public Sector Pension Investment Board boosted its stake in shares of TC Energy by 2,573.3% during the 2nd quarter. Public Sector Pension Investment Board now owns 2,680,572 shares of the pipeline company’s stock valued at $130,600,000 after buying an additional 2,580,300 shares during the period. 83.13% of the stock is owned by hedge funds and other institutional investors.

TC Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.8775 per share. This is a boost from TC Energy’s previous quarterly dividend of $0.85. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $3.51 annualized dividend and a yield of 5.5%. TC Energy’s dividend payout ratio (DPR) is presently 106.90%.

Trending Headlines about TC Energy

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

• Positive Sentiment: US Capital Advisors raised several near‑term and fiscal-year EPS forecasts for TC Energy (Q2–Q4 2026, FY2026, Q1–Q4 2027, FY2027), including raising FY2027 to $2.70 from $2.56 — a sign analysts are more sanguine on earnings trajectory, which can support valuation and dividend coverage.
• Positive Sentiment: TC Energy’s CEO said geopolitical disruption from the Iran war increases the likelihood of a second phase of the LNG Canada project, implying potential long‑term volume and cash‑flow upside if expansion proceeds — a strategic growth catalyst for the stock. Iran war makes second phase of LNG Canada more likely, TC Energy CEO says
• Positive Sentiment: Analysts and income‑focused outlets highlighted TC Energy as a dividend-heavy energy name alongside majors like Chevron and Kinder Morgan — reinforcing the stock’s appeal to dividend investors during oil and LNG price swings. 3 Large Energy Dividend Stocks to Ride Out Oil Price Swings
• Neutral Sentiment: Industry coverage echoed the LNG commentary, noting TC Energy’s push to accelerate Canadian LNG development amid global supply tightness — supportive context but largely reiterative of CEO remarks. TC Energy bets global turmoil makes Canadian LNG too valuable to delay

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.