Headlines about TransCanada (NYSE:TRP) (TSE:TRP) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TransCanada earned a news impact score of 0.20 on Accern’s scale. Accern also assigned news articles about the pipeline company an impact score of 46.2533222561715 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern’s rankings:

Shares of TransCanada (NYSE:TRP) traded down $0.04 on Friday, hitting $48.50. The stock had a trading volume of 770,743 shares, compared to its average volume of 983,600. The firm has a market capitalization of $42,596.37, a price-to-earnings ratio of 31.29, a price-to-earnings-growth ratio of 2.33 and a beta of 0.66. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.51 and a quick ratio of 0.48. TransCanada has a 52 week low of $44.88 and a 52 week high of $51.85.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be issued a dividend of $0.491 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date is Thursday, December 28th. TransCanada’s dividend payout ratio (DPR) is 125.16%.

Several equities research analysts have weighed in on the company. Morgan Stanley increased their target price on TransCanada from $53.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Friday, November 17th. Zacks Investment Research lowered TransCanada from a “buy” rating to a “hold” rating in a research report on Friday, October 20th. TD Securities raised TransCanada to a “buy” rating in a report on Wednesday, November 29th. J P Morgan Chase & Co started coverage on TransCanada in a report on Thursday, October 5th. They set an “overweight” rating on the stock. Finally, TheStreet lowered TransCanada from a “b” rating to a “c+” rating in a report on Thursday, November 9th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $59.25.

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About TransCanada

TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S.

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