Q3 Earnings Estimate for TC Energy Issued By Zacks Research

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Equities researchers at Zacks Research reduced 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 company will post earnings of $0.78 per share for the quarter, down from their previous estimate of $0.81. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

TC Energy (TSE:TRP) (NYSE:TRP) last released its earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share for the quarter, beating the consensus estimate of C$0.97 by C$0.06. The company had revenue of C$4.08 billion for the quarter, compared to the consensus estimate of C$3.90 billion. TC Energy had a return on equity of 10.68% and a net margin of 21.38%.

TRP has been the topic of several other reports. National Bankshares boosted their price objective on TC Energy from C$70.00 to C$71.00 in a research report on Wednesday, November 20th. ATB Capital boosted their price objective on TC Energy from C$64.00 to C$65.00 in a research report on Friday, November 8th. Jefferies Financial Group boosted their price objective on TC Energy from C$64.00 to C$65.00 in a research report on Wednesday, November 20th. Raymond James upgraded TC Energy to a “hold” rating in a research report on Thursday, November 21st. Finally, BMO Capital Markets boosted their target price on TC Energy from C$70.00 to C$73.00 in a research report on Friday, November 29th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of C$69.92.

TC Energy Price Performance

Shares of TC Energy stock opened at C$66.15 on Monday. The stock’s 50-day simple moving average is C$67.60 and its 200-day simple moving average is C$62.57. TC Energy has a 52 week low of C$43.83 and a 52 week high of C$70.32. The company has a market capitalization of C$68.80 billion, a price-to-earnings ratio of 19.98, a PEG ratio of 1.69 and a beta of 0.82. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 160.84.

Insider Activity

In other news, Director Alexander (Alex) Oehler purchased 6,540 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was purchased at an average price of C$66.05 per share, for a total transaction of C$431,947.64. Also, Director Lindsay Mackay sold 3,520 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of C$70.00, for a total value of C$246,400.00. Over the last 90 days, insiders have sold 420,911 shares of company stock valued at $28,259,105. 0.03% of the stock is currently owned by insiders.

TC Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a dividend of $1.113 per share. This is a boost from TC Energy’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $4.45 dividend on an annualized basis and a dividend yield of 6.73%. TC Energy’s dividend payout ratio is currently 116.01%.

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.