What is Zacks Research’s Estimate for TC Energy Q1 Earnings?

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Stock analysts at Zacks Research boosted their Q1 2025 earnings per share estimates for shares of TC Energy in a research note issued to investors on Friday, April 4th. Zacks Research analyst T. Saha now forecasts that the pipeline company will post earnings per share of $0.70 for the quarter, up from their prior forecast of $0.67. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for TC Energy’s Q3 2025 earnings at $0.58 EPS, Q2 2026 earnings at $0.66 EPS, Q3 2026 earnings at $0.64 EPS, Q1 2027 earnings at $0.73 EPS and FY2027 earnings at $2.90 EPS.

Several other analysts have also issued reports on the stock. StockNews.com lowered shares of TC Energy from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th. Citigroup started coverage on TC Energy in a report on Friday. They set a “neutral” rating for the company. Royal Bank of Canada raised their target price on shares of TC Energy from $71.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. US Capital Advisors upgraded shares of TC Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, February 3rd. Finally, Veritas upgraded TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.00.

TC Energy Price Performance

TRP stock opened at $45.75 on Monday. The company’s 50-day moving average price is $46.57 and its two-hundred day moving average price is $47.00. The firm has a market cap of $47.54 billion, a P/E ratio of 14.12, a P/E/G ratio of 4.34 and a beta of 0.74. The company has a quick ratio of 1.23, a current ratio of 0.55 and a debt-to-equity ratio of 1.56. TC Energy has a 12 month low of $34.95 and a 12 month high of $50.37.

TC Energy (NYSE:TRP) (TSE:TRP) last released its earnings results on Friday, February 14th. The pipeline company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.54. The company had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.42 billion. TC Energy had a return on equity of 12.12% and a net margin of 29.40%. During the same period in the prior year, the firm posted $1.35 EPS.

TC Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be given a dividend of $0.85 per share. This is an increase from TC Energy’s previous quarterly dividend of $0.82. This represents a $3.40 dividend on an annualized basis and a dividend yield of 7.43%. The ex-dividend date is Monday, March 31st. TC Energy’s dividend payout ratio is currently 72.53%.

Hedge Funds Weigh In On TC Energy

Several institutional investors and hedge funds have recently bought and sold shares of the company. FMR LLC lifted its holdings in TC Energy by 2,821.8% during the third quarter. FMR LLC now owns 574,427 shares of the pipeline company’s stock valued at $27,311,000 after purchasing an additional 554,767 shares during the last quarter. Captrust Financial Advisors raised its holdings in TC Energy by 1.3% during the 3rd quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock valued at $871,000 after acquiring an additional 242 shares during the period. Benjamin Edwards Inc. bought a new stake in TC Energy during the 3rd quarter valued at $749,000. Point72 DIFC Ltd purchased a new stake in shares of TC Energy during the third quarter worth $39,000. Finally, Quantinno Capital Management LP grew its position in shares of TC Energy by 29.9% in the third quarter. Quantinno Capital Management LP now owns 22,845 shares of the pipeline company’s stock valued at $1,087,000 after purchasing an additional 5,256 shares in the last quarter. 83.13% of the stock is owned by institutional investors.

TC Energy Company Profile

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.