TC Energy Co. (TSE:TRP – Free Report) (NYSE:TRP) – Research analysts at Zacks Research raised their Q4 2024 earnings per share (EPS) estimates for shares of TC Energy in a report issued on Tuesday, September 10th. Zacks Research analyst T. Saha now expects that the company will earn $0.97 per share for the quarter, up from their previous forecast of $0.96. The consensus estimate for TC Energy’s current full-year earnings is $4.46 per share. Zacks Research also issued estimates for TC Energy’s Q4 2025 earnings at $0.92 EPS, Q1 2026 earnings at $1.15 EPS, Q2 2026 earnings at $1.07 EPS and FY2026 earnings at $4.36 EPS.
TC Energy (TSE:TRP – Get Free Report) (NYSE:TRP) last issued its quarterly earnings data on Thursday, August 1st. The company reported C$0.94 EPS for the quarter, topping analysts’ consensus estimates of C$0.89 by C$0.05. TC Energy had a net margin of 21.38% and a return on equity of 10.68%. The business had revenue of C$4.09 billion during the quarter, compared to analysts’ expectations of C$3.78 billion.
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TC Energy Price Performance
TRP opened at C$63.27 on Thursday. 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 business has a fifty day moving average of C$59.08 and a 200 day moving average of C$54.79. TC Energy has a 52-week low of C$44.70 and a 52-week high of C$64.28. The stock has a market cap of C$65.80 billion, a P/E ratio of 19.11, a PEG ratio of 0.26 and a beta of 0.82.
TC Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, September 27th will be paid a dividend of $0.96 per share. The ex-dividend date is Friday, September 27th. This represents a $3.84 annualized dividend and a dividend yield of 6.07%. TC Energy’s dividend payout ratio is presently 116.01%.
Insider Buying and Selling
In other news, Director Richard Prior sold 3,000 shares of the stock in a transaction on Friday, August 16th. The shares were sold at an average price of C$44.00, for a total value of C$132,000.00. In related news, Director Kevin B. Engel sold 546 shares of the company’s stock in a transaction that occurred on Wednesday, June 26th. The stock was sold at an average price of C$53.53, for a total transaction of C$29,227.38. Also, Director Richard Prior sold 3,000 shares of the business’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of C$44.00, for a total transaction of C$132,000.00. In the last ninety days, insiders have sold 65,152 shares of company stock valued at $3,945,326. 0.04% of the stock is currently owned by company insiders.
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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