What is Zacks Research’s Estimate for TC Energy Q3 Earnings?

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Zacks Research dropped their Q3 2025 earnings per share (EPS) estimates for TC Energy in a note issued to investors on Friday, January 10th. Zacks Research analyst T. Saha now forecasts that the pipeline company will post earnings per share of $0.57 for the quarter, down from their previous forecast of $0.59. The consensus estimate for TC Energy’s current full-year earnings is $3.00 per share.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its quarterly earnings data on Thursday, November 7th. The pipeline company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.06. The business had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.83 billion. TC Energy had a net margin of 31.15% and a return on equity of 12.92%.

Several other equities research analysts also recently issued reports on the stock. The Goldman Sachs Group raised their price objective on shares of TC Energy from $38.00 to $42.00 and gave the stock a “sell” rating in a research note on Monday, October 21st. StockNews.com started coverage on shares of TC Energy in a research note on Wednesday, December 4th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. upgraded shares of TC Energy from a “neutral” rating to an “overweight” rating in a research note on Monday, October 14th. UBS Group upgraded shares of TC Energy from a “neutral” rating to a “buy” rating in a research note on Monday, September 30th. Finally, BMO Capital Markets lifted their price target on shares of TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 20th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. According to MarketBeat.com, TC Energy currently has a consensus rating of “Hold” and a consensus target price of $55.67.

TC Energy Trading Down 1.8 %

Shares of TC Energy stock opened at $45.88 on Monday. The company’s fifty day simple moving average is $47.74 and its 200-day simple moving average is $45.42. The company has a market cap of $47.66 billion, a price-to-earnings ratio of 12.71, a PEG ratio of 3.88 and a beta of 0.82. The company has a current ratio of 1.31, a quick ratio of 1.23 and a debt-to-equity ratio of 1.78. TC Energy has a 1 year low of $31.83 and a 1 year high of $50.37.

TC Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.822 per share. The ex-dividend date is Tuesday, December 31st. This is a boost from TC Energy’s previous quarterly dividend of $0.70. This represents a $3.29 dividend on an annualized basis and a dividend yield of 7.17%. TC Energy’s dividend payout ratio (DPR) is presently 63.16%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Fortitude Family Office LLC bought a new position in shares of TC Energy in the third quarter valued at about $28,000. Blue Trust Inc. raised its holdings in shares of TC Energy by 72.0% in the third quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock valued at $30,000 after buying an additional 267 shares during the last quarter. Versant Capital Management Inc bought a new position in shares of TC Energy in the fourth quarter valued at about $33,000. Point72 DIFC Ltd bought a new position in shares of TC Energy in the third quarter valued at about $39,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of TC Energy in the second quarter valued at about $51,000. 83.13% of the stock is owned by institutional investors.

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.