FY2026 Earnings Forecast for TC Energy Issued By Scotiabank

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for shares of TC Energy in a research report issued to clients and investors on Thursday, February 19th. Scotiabank analyst R. Hope now expects that the company will post earnings per share of $3.92 for the year, down from their previous forecast of $3.93. Scotiabank currently has a “Outperform” rating and a $93.00 price target on the stock. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

A number of other equities analysts have also commented on TRP. Royal Bank Of Canada lifted their price target on shares of TC Energy from C$84.00 to C$92.00 and gave the stock an “outperform” rating in a report on Tuesday. Raymond James Financial upped their price target on TC Energy from C$71.00 to C$74.00 and gave the company a “hold” rating in a research report on Tuesday. Jefferies Financial Group increased their price target on TC Energy from C$80.00 to C$88.00 in a research note on Tuesday. National Bank Financial lifted their price objective on TC Energy from C$85.00 to C$86.00 and gave the stock a “hold” rating in a research note on Tuesday. Finally, Canadian Imperial Bank of Commerce downgraded shares of TC Energy from an “outperform” rating to a “hold” rating and boosted their price target for the stock from C$81.00 to C$85.00 in a research report on Tuesday. Four investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, TC Energy has an average rating of “Hold” and a consensus price target of C$84.00.

TC Energy Stock Up 1.4%

TSE:TRP opened at C$85.63 on Friday. TC Energy has a one year low of C$62.17 and a one year high of C$86.97. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40. The company has a market cap of C$89.13 billion, a PE ratio of 26.19, a P/E/G ratio of 1.69 and a beta of 0.86. The firm’s 50 day simple moving average is C$77.95 and its 200 day simple moving average is C$74.64.

TC Energy (TSE:TRP) (NYSE:TRP) last posted its earnings results on Friday, February 13th. The company reported C$0.98 EPS for the quarter. The firm had revenue of C$4.17 billion during the quarter. TC Energy had a return on equity of 17.25% and a net margin of 32.39%.

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.