US Capital Advisors Forecasts Weaker Earnings for TC Energy

TC Energy Co. (TSE:TRP) (NYSE:TRP) – US Capital Advisors lowered their Q1 2026 earnings per share estimates for shares of TC Energy in a research report issued on Monday, February 2nd. US Capital Advisors analyst J. Carreker now forecasts that the company will earn $0.97 per share for the quarter, down from their prior estimate of $0.99. 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 $0.75 EPS, Q3 2026 earnings at $0.81 EPS and FY2027 earnings at $3.51 EPS.

Other research analysts have also recently issued research reports about the stock. CIBC lifted their target price on shares of TC Energy from C$78.00 to C$81.00 in a research note on Wednesday, December 17th. Cibc World Mkts cut TC Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. BMO Capital Markets upgraded shares of TC Energy from a “hold” rating to an “outperform” rating and upped their target price for the company from C$73.00 to C$83.00 in a research report on Friday, November 7th. TD Securities lowered their price target on shares of TC Energy from C$81.00 to C$80.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Finally, Jefferies Financial Group boosted their price target on shares of TC Energy from C$74.00 to C$80.00 in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, TC Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of C$80.60.

TC Energy Stock Up 0.1%

Shares of TSE:TRP opened at C$81.02 on Thursday. TC Energy has a 52 week low of C$62.17 and a 52 week high of C$81.80. The company has a market capitalization of C$84.34 billion, a PE ratio of 24.78, a P/E/G ratio of 1.69 and a beta of 0.86. The company’s fifty day moving average is C$76.12 and its 200-day moving average is C$73.28. The company has a debt-to-equity ratio of 237.62, a quick ratio of 0.40 and a current ratio of 1.31.

TC Energy (TSE:TRP) (NYSE:TRP) last announced its quarterly earnings results on Thursday, November 6th. The company reported C$0.77 earnings per share for the quarter. The firm had revenue of C$3.70 billion for the quarter. TC Energy had a return on equity of 17.25% and a net margin of 32.39%.

More TC Energy News

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

• Positive Sentiment: US Capital Advisors raised its FY2027 EPS forecast to $3.51 from $3.40, signaling better longer‑term earnings expectations. MarketBeat TRP
• Positive Sentiment: US Capital Advisors nudged up its Q4 2026 EPS estimate to $0.95 (from $0.94), a small near‑term upside revision. MarketBeat TRP
• Positive Sentiment: Jefferies raised its price target to C$80.00 (from C$74.00), a sign that at least one large shop sees higher fair value despite it sitting close to the current share price. BayStreet.CA
• Neutral Sentiment: The market consensus for full‑year EPS remains around C$3.55, implying analysts broadly still expect mid‑single‑digit growth overall. MarketBeat TRP
• Negative Sentiment: US Capital Advisors trimmed near‑term quarter forecasts: Q1 2026 to $0.97 (from $0.99), Q2 2026 to $0.75 (from $0.77) and Q3 2026 to $0.81 (from $0.82) — modest downgrades that could pressure guidance sensitivity and near‑term sentiment. MarketBeat TRP
• Negative Sentiment: US Capital Advisors cut FY2025 and FY2026 EPS forecasts (FY2025 to $3.34 from $3.42; FY2026 to $3.47 from $3.51) and lowered Q4 2025 to $0.80 (from $0.88), pointing to some near‑to‑mid‑term weakness in modeled earnings. MarketBeat TRP

About TC Energy

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.