TC Energy Q2 EPS Estimate Increased by US Capital Advisors

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – Equities research analysts at US Capital Advisors boosted their Q2 2026 earnings estimates for shares of TC Energy in a report issued on Monday, March 23rd. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $0.57 per share for the quarter, up from their previous 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.

TRP has been the topic of several other research reports. Wells Fargo & Company reiterated an “overweight” rating on shares of TC Energy in a research report on Monday, February 16th. Wall Street Zen upgraded shares of TC Energy from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Barclays reiterated an “overweight” rating on shares of TC Energy in a report on Friday, February 20th. Canadian Imperial Bank of Commerce cut shares of TC Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Finally, Scotiabank reissued an “outperform” rating on shares of TC Energy in a report on Tuesday, February 17th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, TC Energy has an average rating of “Hold” and an average target price of $72.50.

TC Energy Stock Up 0.9%

NYSE TRP opened at $63.91 on Tuesday. TC Energy has a 12 month low of $43.59 and a 12 month high of $65.57. The company has a current ratio of 0.63, a quick ratio of 0.56 and a debt-to-equity ratio of 1.66. The stock has a market cap of $66.55 billion, a PE ratio of 27.50 and a beta of 0.72. The stock’s 50 day moving average is $60.74 and its 200 day moving average is $55.94.

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

TC Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be issued a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from TC Energy’s previous quarterly dividend of $0.85. TC Energy’s payout ratio is 110.78%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in shares of TC Energy by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 47,801,695 shares of the pipeline company’s stock valued at $2,632,200,000 after purchasing an additional 980,221 shares during the last quarter. 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 valued at $2,282,469,000 after buying an additional 1,041,864 shares during the period. FIL Ltd lifted its position in TC Energy by 3.9% in the fourth quarter. FIL Ltd now owns 28,305,789 shares of the pipeline company’s stock worth $1,558,669,000 after buying an additional 1,052,166 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in TC Energy by 5.9% during the second quarter. Canada Pension Plan Investment Board now owns 20,986,748 shares of the pipeline company’s stock worth $1,025,220,000 after buying an additional 1,178,190 shares during the period. Finally, TD Asset Management Inc increased its position in TC Energy by 6.3% during the fourth quarter. TD Asset Management Inc now owns 20,868,772 shares of the pipeline company’s stock valued at $1,150,656,000 after acquiring an additional 1,244,525 shares during the last quarter. Hedge funds and other 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: US Capital Advisors raised multiple quarterly and annual EPS forecasts for TRP, increasing FY2026 to $2.61 (from $2.54) and FY2027 to $2.70 (from $2.56), and lifting quarter-level estimates for Q2–Q4 2026 and Q1–Q4 2027. These revisions improve the company’s near‑term earnings trajectory versus the prior view and sit at/above consensus in some cases.
• Positive Sentiment: US Capital Advisors specifically bumped several quarter forecasts (Q2 2026 to $0.57, Q3 2026 to $0.62, Q4 2026 to $0.71; Q1 2027 to $0.76, etc.), signaling steady, incremental upside to quarterly EPS expectations.
• Positive Sentiment: TC Energy CEO said the Iran war–related disruption to global LNG supplies makes a second phase of the LNG Canada project more likely — a bullish development for long‑term volumes and cash flow if the project advances. Iran war makes second phase of LNG Canada more likely, TC Energy CEO says
• Positive Sentiment: Industry coverage echoed management’s view that global turmoil increases the near‑term value of Canadian LNG projects, supporting the company’s strategic case for advancing LNG Canada expansion. 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.