TC Energy Co. (NYSE:TRP – Free Report) (TSE:TRP) – Research analysts at US Capital Advisors raised their Q1 2025 earnings estimates for TC Energy in a research note issued to investors on Monday, March 24th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings per share of $0.79 for the quarter, up from their prior forecast of $0.77. US Capital Advisors has a “Moderate Buy” rating on the stock. 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 Q2 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.72 EPS, FY2025 earnings at $2.86 EPS, Q1 2026 earnings at $0.79 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $2.83 EPS and FY2027 earnings at $2.79 EPS.
Several other brokerages have also recently weighed in on TRP. TD Securities began coverage on TC Energy in a research report on Wednesday, January 15th. They set a “buy” rating on the stock. Veritas raised shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, February 18th. StockNews.com cut shares of TC Energy from a “buy” rating to a “hold” rating in a report on Thursday, March 6th. Finally, Royal Bank of Canada increased their price objective on TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.
TC Energy Stock Performance
NYSE:TRP opened at $48.43 on Tuesday. TC Energy has a 52-week low of $34.95 and a 52-week high of $50.37. The business’s fifty day moving average is $46.48 and its 200 day moving average is $46.92. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.23 and a current ratio of 0.55. The firm has a market cap of $50.32 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 4.34 and a beta of 0.83.
TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last issued its earnings results on Friday, February 14th. The pipeline company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.54. The business had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $2.42 billion. TC Energy had a net margin of 29.40% and a return on equity of 12.12%. During the same quarter in the previous year, the firm posted $1.35 EPS.
Institutional Investors Weigh In On TC Energy
Hedge funds have recently added to or reduced their stakes in the company. NTV Asset Management LLC lifted its position in TC Energy by 4.0% in the 4th quarter. NTV Asset Management LLC now owns 6,189 shares of the pipeline company’s stock worth $288,000 after buying an additional 239 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of TC Energy by 1.3% in the 3rd quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock valued at $871,000 after purchasing an additional 242 shares in the last quarter. Lee Financial Co raised its position in TC Energy by 3.1% in the 4th quarter. Lee Financial Co now owns 8,185 shares of the pipeline company’s stock worth $381,000 after purchasing an additional 246 shares during the period. IFP Advisors Inc lifted its stake in TC Energy by 7.0% in the fourth quarter. IFP Advisors Inc now owns 3,809 shares of the pipeline company’s stock worth $177,000 after purchasing an additional 249 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its position in TC Energy by 4.8% during the third quarter. Prospera Financial Services Inc now owns 5,754 shares of the pipeline company’s stock valued at $274,000 after buying an additional 262 shares during the period. Institutional investors own 83.13% of the company’s stock.
TC Energy Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from TC Energy’s previous quarterly dividend of $0.82. TC Energy’s dividend payout ratio is currently 72.53%.
About TC Energy
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.
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