Atb Cap Markets Estimates TC Energy’s Q1 Earnings (NYSE:TRP)

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Research analysts at Atb Cap Markets raised their Q1 2025 earnings per share (EPS) estimates for shares of TC Energy in a research report issued on Tuesday, November 19th. Atb Cap Markets analyst N. Heywood now forecasts that the pipeline company will post earnings of $0.76 per share for the quarter, up from their previous forecast of $0.75. The consensus estimate for TC Energy’s current full-year earnings is $2.98 per share. Atb Cap Markets also issued estimates for TC Energy’s Q4 2025 earnings at $0.81 EPS.

Several other equities research analysts also recently issued reports on TRP. The Goldman Sachs Group raised their target price on shares of TC Energy from $38.00 to $42.00 and gave the company a “sell” rating in a research note on Monday, October 21st. Morgan Stanley upgraded TC Energy from an “underweight” rating to an “overweight” rating in a research note on Friday, October 25th. StockNews.com assumed coverage on TC Energy in a report on Monday, November 18th. They set a “hold” rating on the stock. BMO Capital Markets lifted their price target on TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday. Finally, UBS Group raised TC Energy from a “neutral” rating to a “buy” rating in a report on Monday, September 30th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $55.67.

TC Energy Stock Performance

Shares of NYSE TRP opened at $49.86 on Friday. The stock has a market capitalization of $51.75 billion, a PE ratio of 13.81, a price-to-earnings-growth ratio of 4.19 and a beta of 0.81. TC Energy has a 52 week low of $31.83 and a 52 week high of $50.37. The stock has a 50 day moving average price of $47.22 and a 200 day moving average price of $43.18. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.23 and a current ratio of 1.31.

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

TC Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a $0.822 dividend. This represents a $3.29 dividend on an annualized basis and a yield of 6.59%. The ex-dividend date is Tuesday, December 31st. This is a boost from TC Energy’s previous quarterly dividend of $0.70. TC Energy’s dividend payout ratio is presently 78.95%.

Hedge Funds Weigh In On TC Energy

Several large investors have recently modified their holdings of the business. TD Private Client Wealth LLC lifted its stake in shares of TC Energy by 2.6% in the third quarter. TD Private Client Wealth LLC now owns 65,595 shares of the pipeline company’s stock worth $3,122,000 after acquiring an additional 1,676 shares during the period. Geode Capital Management LLC raised its stake in TC Energy by 8.3% during the third quarter. Geode Capital Management LLC now owns 4,712,660 shares of the pipeline company’s stock worth $225,890,000 after buying an additional 360,548 shares during the last quarter. Executive Wealth Management LLC acquired a new position in TC Energy in the third quarter valued at $443,000. Duff & Phelps Investment Management Co. boosted its position in TC Energy by 70.7% during the third quarter. Duff & Phelps Investment Management Co. now owns 1,763,915 shares of the pipeline company’s stock valued at $83,874,000 after acquiring an additional 730,415 shares during the last quarter. Finally, Barclays PLC grew its holdings in TC Energy by 19.9% during the 3rd quarter. Barclays PLC now owns 528,528 shares of the pipeline company’s stock worth $25,132,000 after acquiring an additional 87,885 shares during the period. Institutional investors own 83.13% of the company’s stock.

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.