Q1 EPS Estimates for TC Energy Lifted by US Capital Advisors

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at US Capital Advisors boosted their Q1 2026 earnings per share estimates for shares of TC Energy in a report released on Monday, March 23rd. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $0.98 per share for the quarter, up from their previous forecast of $0.97. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. US Capital Advisors also issued estimates for TC Energy’s Q2 2026 earnings at $0.79 EPS, Q3 2026 earnings at $0.84 EPS, FY2026 earnings at $3.58 EPS and FY2028 earnings at $3.77 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last announced its quarterly earnings data on Friday, February 13th. The company reported C$0.98 EPS for the quarter. The firm had revenue of C$4.17 billion for the quarter. TC Energy had a return on equity of 12.80% and a net margin of 23.23%.

Several other equities research analysts have also recently issued reports on TRP. Jefferies Financial Group raised their price objective on shares of TC Energy from C$80.00 to C$88.00 in a research report on Tuesday, February 17th. National Bank Financial raised their price target on shares of TC Energy from C$85.00 to C$86.00 and gave the stock a “hold” rating in a report on Tuesday, February 17th. Canadian Imperial Bank of Commerce lowered shares of TC Energy from an “outperform” rating to a “hold” rating and lifted their price target for the company from C$81.00 to C$85.00 in a research report on Tuesday, February 17th. ATB Cormark Capital Markets upped their price objective on TC Energy from C$73.00 to C$80.00 and gave the company a “sector perform” rating in a report on Tuesday, February 17th. Finally, Raymond James Financial raised their target price on TC Energy from C$71.00 to C$74.00 and gave the stock a “hold” rating in a research note on Tuesday, February 17th. Four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of C$84.00.

TC Energy Stock Up 0.6%

Shares of TRP opened at C$88.76 on Wednesday. TC Energy has a 52-week low of C$62.17 and a 52-week high of C$89.68. The company has a quick ratio of 0.40, a current ratio of 0.63 and a debt-to-equity ratio of 223.25. The stock has a fifty day simple moving average of C$83.60 and a two-hundred day simple moving average of C$77.52. The company has a market capitalization of C$92.38 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 1.69 and a beta of 0.83.

Insiders Place Their Bets

In other TC Energy news, insider Dawn Elizabeth De Lima sold 25,342 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of C$88.73, for a total value of C$2,248,595.66. Following the sale, the insider directly owned 18,490 shares of the company’s stock, valued at approximately C$1,640,617.70. This represents a 57.82% decrease in their position. 0.03% of the stock is currently owned by company insiders.

Key Headlines Impacting TC Energy

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

• Positive Sentiment: US Capital Advisors raised multiple near‑ and mid‑term EPS forecasts for TC Energy, boosting FY2026 to C$3.58 (from C$3.47) and lifting several quarterly estimates (Q1 2026 to C$0.98, Q2 to C$0.79, Q3 to C$0.84). The firm also pushed FY2027 and FY2028 estimates higher, signaling upward revisions to the company’s earnings trajectory. Article
• Neutral Sentiment: Although US Capital Advisors’ estimates are slightly above current consensus (consensus FY2026 ~C$3.55), the broader analyst consensus remains near C$3.55—so upgrades reflect modest upward revision rather than a large re‑rating of earnings power. Article
• Negative Sentiment: Insider Dawn Elizabeth De Lima sold 25,342 shares on March 24 at an average price of C$88.73 (≈C$2.25M), cutting her holding by ~57.8%. Large insider selling can create near‑term selling pressure or raise investor questions about timing of sales. Article

TC Energy Company Profile

TC Energy Corp operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Its pipeline network consists of over 92,600 kilometers (57,500 miles) of natural gas pipeline, along with 4,900 kilometers (3,000) miles) from the Keystone Pipeline system. The company also owns or has interests in 11 power-generation facilities with a capacity of 6,600 megawatts.