Zacks Research Has Positive Outlook of TC Energy Q1 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Equities researchers at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for TC Energy in a report issued on Friday, April 4th. Zacks Research analyst T. Saha now forecasts that the company will post earnings per share of $1.05 for the quarter, up from their previous forecast of $1.02. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy’s Q2 2025 earnings at $0.76 EPS, Q4 2025 earnings at $1.16 EPS, Q1 2026 earnings at $1.04 EPS, Q2 2026 earnings at $0.94 EPS, Q4 2026 earnings at $1.21 EPS, Q1 2027 earnings at $1.10 EPS and FY2027 earnings at $3.90 EPS.

Several other research analysts have also recently weighed in on the stock. US Capital Advisors raised shares of TC Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, February 3rd. Royal Bank of Canada boosted their target price on shares of TC Energy from C$71.00 to C$74.00 in a research note on Tuesday, February 18th. CIBC increased their price target on TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a report on Thursday, January 9th. Jefferies Financial Group upped their price objective on TC Energy from C$65.00 to C$71.00 in a research report on Thursday, January 30th. Finally, TD Securities set a C$73.00 target price on TC Energy and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Six research analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$73.25.

TC Energy Price Performance

Shares of TSE:TRP opened at C$65.13 on Monday. The business has a 50-day simple moving average of C$66.72 and a two-hundred day simple moving average of C$66.35. The company has a debt-to-equity ratio of 237.62, a quick ratio of 0.40 and a current ratio of 1.31. The firm has a market cap of C$67.16 billion, a price-to-earnings ratio of 12.95, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. TC Energy has a fifty-two week low of C$43.83 and a fifty-two week high of C$70.97.

Insiders Place Their Bets

In other news, Senior Officer Patrick C. Muttart sold 18,629 shares of the company’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$70.10, for a total value of C$1,305,885.45. Also, Director Danika Yeager bought 1,817 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were acquired at an average cost of C$69.23 per share, for a total transaction of C$125,784.97. In the last 90 days, insiders have bought 13,287 shares of company stock worth $842,568 and have sold 145,977 shares worth $9,810,511. 0.03% of the stock is owned by company insiders.

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.