National Bank Financial Estimates TC Energy FY2025 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Analysts at National Bank Financial raised their FY2025 EPS estimates for shares of TC Energy in a research report issued to clients and investors on Tuesday, November 19th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $3.94 per share for the year, up from their prior estimate of $3.86. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

A number of other analysts have also recently commented on TRP. JPMorgan Chase & Co. upped their price target on shares of TC Energy from C$70.00 to C$79.00 in a research note on Monday, November 18th. ATB Capital increased their price objective on TC Energy from C$64.00 to C$65.00 in a research report on Friday, November 8th. Scotiabank boosted their target price on TC Energy from C$74.00 to C$75.00 in a research report on Wednesday. CIBC raised their price target on TC Energy from C$67.00 to C$68.00 in a report on Wednesday. Finally, BMO Capital Markets increased their price target on shares of TC Energy from C$66.00 to C$70.00 in a research report on Wednesday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of C$69.54.

TC Energy Price Performance

TSE TRP opened at C$69.65 on Thursday. The company has a market cap of C$72.44 billion, a PE ratio of 21.04, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 160.84. The firm’s 50-day simple moving average is C$65.01 and its two-hundred day simple moving average is C$59.04. TC Energy has a 52 week low of C$43.83 and a 52 week high of C$70.32.

TC Energy (TSE:TRP) (NYSE:TRP) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share for the quarter, topping the consensus estimate of C$0.97 by C$0.06. TC Energy had a return on equity of 10.68% and a net margin of 21.38%. The company had revenue of C$4.08 billion during the quarter, compared to the consensus estimate of C$3.90 billion.

TC Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a dividend of $1.113 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from TC Energy’s previous quarterly dividend of $0.96. This represents a $4.45 annualized dividend and a dividend yield of 6.39%. TC Energy’s payout ratio is 116.01%.

Insider Activity at TC Energy

In related news, Director Mark Yeomans sold 6,500 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of C$61.58, for a total value of C$400,297.95. Also, Senior Officer Francois Lionel Poirier sold 118,243 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of C$68.38, for a total transaction of C$8,085,219.85. Insiders sold a total of 214,476 shares of company stock worth $14,299,929 over the last quarter. 0.03% of the stock is owned by corporate 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.