Q1 2025 EPS Estimates for TC Energy Co. Boosted by Analyst (NYSE:TRP)

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Equities researchers at Zacks Research upped their Q1 2025 earnings per share estimates for shares of TC Energy in a research report issued on Wednesday, October 9th. Zacks Research analyst T. Saha now forecasts that the pipeline company will earn $0.88 per share for the quarter, up from their prior estimate of $0.80. The consensus estimate for TC Energy’s current full-year earnings is $3.06 per share. Zacks Research also issued estimates for TC Energy’s Q3 2025 earnings at $0.82 EPS, FY2025 earnings at $3.10 EPS and Q3 2026 earnings at $0.83 EPS.

TRP has been the topic of a number of other reports. Veritas upgraded shares of TC Energy to a “strong sell” rating in a report on Tuesday, October 8th. StockNews.com started coverage on TC Energy in a report on Saturday, October 5th. They set a “hold” rating on the stock. UBS Group upgraded shares of TC Energy from a “neutral” rating to a “buy” rating in a research note on Monday, September 30th. Finally, Barclays upgraded shares of TC Energy from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, July 17th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $43.50.

TC Energy Price Performance

TRP opened at $45.67 on Monday. The firm has a market cap of $47.39 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 3.68 and a beta of 0.81. The company has a current ratio of 0.76, a quick ratio of 0.68 and a debt-to-equity ratio of 1.57. The stock’s 50-day moving average price is $45.44 and its 200 day moving average price is $40.98. TC Energy has a 12-month low of $33.47 and a 12-month high of $48.42.

TC Energy (NYSE:TRP) (TSE:TRP) last posted its quarterly earnings data on Thursday, August 1st. The pipeline company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.29. TC Energy had a net margin of 21.31% and a return on equity of 16.97%. The firm had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.78 billion. During the same quarter last year, the company posted $0.71 EPS.

Hedge Funds Weigh In On TC Energy

Several institutional investors have recently added to or reduced their stakes in the stock. Signaturefd LLC raised its holdings in TC Energy by 1.6% during the second quarter. Signaturefd LLC now owns 16,373 shares of the pipeline company’s stock worth $621,000 after purchasing an additional 261 shares in the last quarter. New Hampshire Trust raised its position in TC Energy by 3.8% in the first quarter. New Hampshire Trust now owns 7,263 shares of the pipeline company’s stock worth $292,000 after acquiring an additional 269 shares in the last quarter. Windsor Advisory Group LLC lifted its holdings in TC Energy by 2.5% in the first quarter. Windsor Advisory Group LLC now owns 12,831 shares of the pipeline company’s stock valued at $516,000 after acquiring an additional 316 shares during the period. Benjamin F. Edwards & Company Inc. grew its stake in shares of TC Energy by 2.3% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 15,005 shares of the pipeline company’s stock worth $604,000 after purchasing an additional 332 shares during the period. Finally, Mount Yale Investment Advisors LLC increased its holdings in shares of TC Energy by 1.9% in the 1st quarter. Mount Yale Investment Advisors LLC now owns 19,873 shares of the pipeline company’s stock valued at $799,000 after purchasing an additional 364 shares in the last quarter. Institutional investors and hedge funds own 83.13% of the company’s stock.

TC Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, September 27th will be paid a dividend of $0.702 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $2.81 annualized dividend and a dividend yield of 6.15%. TC Energy’s dividend payout ratio (DPR) is 116.80%.

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.