Research Analysts Set Expectations for TC Energy Q1 Earnings

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Stock analysts at US Capital Advisors upped their Q1 2025 EPS estimates for TC Energy in a report released on Monday, March 24th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $0.79 per share for the quarter, up from their previous estimate of $0.77. US Capital Advisors currently has a “Moderate Buy” rating on the stock. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. US Capital Advisors also issued estimates for TC Energy’s Q2 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.72 EPS, FY2025 earnings at $2.86 EPS, Q1 2026 earnings at $0.79 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $2.83 EPS and FY2027 earnings at $2.79 EPS.

A number of other research analysts have also weighed in on TRP. Veritas raised shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. TD Securities assumed coverage on TC Energy in a research note on Wednesday, January 15th. They set a “buy” rating for the company. StockNews.com downgraded TC Energy from a “buy” rating to a “hold” rating in a research note on Thursday, March 6th. Finally, Royal Bank of Canada raised their target price on TC Energy from $71.00 to $74.00 and gave the company an “outperform” rating in a report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $62.00.

TC Energy Price Performance

Shares of TRP opened at $48.43 on Tuesday. The stock has a market cap of $50.32 billion, a P/E ratio of 14.95, a P/E/G ratio of 4.34 and a beta of 0.83. The business’s fifty day moving average is $46.48 and its 200 day moving average is $46.92. The company has a quick ratio of 1.23, a current ratio of 0.55 and a debt-to-equity ratio of 1.56. TC Energy has a 12-month low of $34.95 and a 12-month high of $50.37.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its quarterly earnings results on Friday, February 14th. The pipeline company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.54. The business had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.42 billion. TC Energy had a return on equity of 12.12% and a net margin of 29.40%. During the same quarter in the prior year, the company earned $1.35 earnings per share.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. bought a new position in TC Energy during the fourth quarter valued at about $31,000. Versant Capital Management Inc purchased a new position in TC Energy in the fourth quarter valued at about $33,000. Synergy Investment Management LLC bought a new position in shares of TC Energy during the 4th quarter valued at approximately $36,000. Point72 DIFC Ltd purchased a new stake in shares of TC Energy during the 3rd quarter worth approximately $39,000. Finally, Millstone Evans Group LLC purchased a new position in TC Energy in the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a dividend of $0.85 per share. This is a positive change from TC Energy’s previous quarterly dividend of $0.82. This represents a $3.40 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date is Monday, March 31st. TC Energy’s dividend payout ratio (DPR) is 72.53%.

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.