Q1 Earnings Forecast for TC Energy Issued By Atb Cap Markets

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at Atb Cap Markets increased their Q1 2025 earnings per share estimates for TC Energy in a research report issued on Tuesday, November 19th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings of $1.06 per share for the quarter, up from their previous estimate of $1.04. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. Atb Cap Markets also issued estimates for TC Energy’s Q2 2025 earnings at $0.81 EPS, Q3 2025 earnings at $0.93 EPS and FY2027 earnings at $4.26 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$1.03 EPS for the quarter, topping analysts’ consensus estimates of C$0.97 by C$0.06. The business had revenue of C$4.08 billion during the quarter, compared to analysts’ expectations of C$3.90 billion. TC Energy had a net margin of 21.38% and a return on equity of 10.68%.

A number of other analysts have also weighed in on TRP. ATB Capital increased their price objective on shares of TC Energy from C$64.00 to C$65.00 in a research report on Friday, November 8th. Raymond James raised TC Energy to a “hold” rating in a research note on Thursday. Barclays boosted their price objective on TC Energy from C$67.00 to C$74.00 in a report on Wednesday. Jefferies Financial Group increased their target price on TC Energy from C$64.00 to C$65.00 in a research note on Wednesday. Finally, Veritas upgraded shares of TC Energy to a “strong sell” rating in a report on Tuesday, October 8th. Two analysts have rated the stock with a sell rating, six 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 MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$69.54.

TC Energy Price Performance

TSE:TRP opened at C$69.65 on Friday. The firm has a market capitalization of C$72.44 billion, a price-to-earnings ratio of 21.04, a PEG ratio of 1.69 and a beta of 0.82. 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 business has a 50 day simple moving average of C$65.01 and a 200-day simple moving average of C$59.09. TC Energy has a 1 year low of C$43.83 and a 1 year high of C$70.32.

Insider Buying and Selling at TC Energy

In other news, Director Mark Yeomans sold 6,500 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of C$61.58, for a total transaction of C$400,297.95. Also, Director Trevor Ebl sold 9,554 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$68.48, for a total value of C$654,219.70. Over the last ninety days, insiders sold 214,476 shares of company stock valued at $14,299,929. 0.03% of the stock is currently owned by insiders.

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 $1.113 dividend. The ex-dividend date is Tuesday, December 31st. This is an increase from TC Energy’s previous quarterly dividend of $0.96. This represents a $4.45 dividend on an annualized basis and a yield of 6.39%. TC Energy’s payout ratio is currently 116.01%.

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.