TC Energy Co. (TSE:TRP – Free Report) (NYSE:TRP) – Zacks Research increased their Q1 2025 earnings estimates for shares of TC Energy in a note issued to investors on Wednesday, October 9th. Zacks Research analyst T. Saha now forecasts that the company will earn $1.21 per share for the quarter, up from their prior forecast of $1.17. The consensus estimate for TC Energy’s current full-year earnings is $4.42 per share. Zacks Research also issued estimates for TC Energy’s Q2 2025 earnings at $0.98 EPS, Q3 2025 earnings at $1.12 EPS, Q4 2025 earnings at $0.94 EPS and FY2025 earnings at $4.24 EPS.
Several other research analysts also recently issued reports on the stock. UBS Group upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. ATB Capital reduced their price objective on shares of TC Energy from C$60.00 to C$58.00 and set a “sector perform” rating for the company in a research note on Thursday, October 3rd. National Bankshares dropped their target price on shares of TC Energy from C$65.00 to C$60.00 and set an “outperform” rating for the company in a research report on Thursday, October 3rd. Royal Bank of Canada upped their target price on shares of TC Energy from C$66.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd. Finally, Scotiabank dropped their target price on shares of TC Energy from C$62.00 to C$61.00 and set an “outperform” rating for the company in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$59.31.
TC Energy Price Performance
Shares of TSE TRP opened at C$62.81 on Monday. TC Energy has a 1 year low of C$45.96 and a 1 year high of C$65.39. The company has a debt-to-equity ratio of 160.84, a current ratio of 0.76 and a quick ratio of 0.40. The company’s 50-day moving average is C$61.74 and its 200 day moving average is C$55.89. The stock has a market capitalization of C$65.32 billion, a P/E ratio of 18.98, a P/E/G ratio of 0.26 and a beta of 0.82.
TC Energy (TSE:TRP – Get Free Report) (NYSE:TRP) last posted its quarterly earnings data on Thursday, August 1st. The company reported C$0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.89 by C$0.05. The company had revenue of C$4.09 billion during the quarter, compared to the consensus estimate of C$3.78 billion. TC Energy had a net margin of 21.38% and a return on equity of 10.68%.
TC Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, September 27th will be issued a $0.96 dividend. The ex-dividend date is Friday, September 27th. This represents a $3.84 annualized dividend and a yield of 6.11%. TC Energy’s dividend payout ratio (DPR) is 116.01%.
Insiders Place Their Bets
In related news, Director Richard Prior sold 18,068 shares of TC Energy stock in a transaction on Monday, September 23rd. The shares were sold at an average price of C$63.00, for a total value of C$1,138,284.00. In other news, Director Richard Prior sold 18,068 shares of TC Energy stock in a transaction on Monday, September 23rd. The stock was sold at an average price of C$63.00, for a total transaction of C$1,138,284.00. Also, Senior Officer Christine R. Johnston sold 16,292 shares of TC Energy stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of C$59.71, for a total value of C$972,795.32. Following the transaction, the insider now directly owns 466 shares of the company’s stock, valued at C$27,824.86. This trade represents a 0.00 % decrease in their position. Over the last quarter, insiders have sold 95,479 shares of company stock valued at $5,860,018. 0.04% 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.
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