What is Zacks Research’s Estimate for TC Energy Q3 Earnings?

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Equities research analysts at Zacks Research cut their Q3 2025 earnings per share estimates for shares of TC Energy in a report released on Friday, January 10th. Zacks Research analyst T. Saha now anticipates that the pipeline company will earn $0.57 per share for the quarter, down from their prior forecast of $0.59. The consensus estimate for TC Energy’s current full-year earnings is $3.00 per share.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. raised shares of TC Energy from a “neutral” rating to an “overweight” rating in a research note on Monday, October 14th. BMO Capital Markets upped their target price on TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 20th. UBS Group raised shares of TC Energy from a “neutral” rating to a “buy” rating in a research note on Monday, September 30th. Veritas raised TC Energy to a “strong sell” rating in a research report on Tuesday, October 8th. Finally, Morgan Stanley upgraded shares of TC Energy from an “underweight” rating to an “overweight” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $55.67.

TC Energy Stock Performance

TRP opened at $46.71 on Monday. TC Energy has a twelve month low of $31.83 and a twelve month high of $50.37. The stock has a market cap of $48.52 billion, a PE ratio of 12.94, a price-to-earnings-growth ratio of 3.88 and a beta of 0.82. The business’s 50 day moving average is $47.76 and its 200-day moving average is $45.37. The company has a current ratio of 1.31, a quick ratio of 1.23 and a debt-to-equity ratio of 1.78.

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

TC Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a $0.822 dividend. This represents a $3.29 annualized dividend and a dividend yield of 7.04%. This is a boost from TC Energy’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Tuesday, December 31st. TC Energy’s dividend payout ratio is currently 67.31%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TRP. Fortitude Family Office LLC acquired a new stake in shares of TC Energy during the 3rd quarter worth approximately $28,000. Blue Trust Inc. boosted its stake in TC Energy by 72.0% during the third quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock worth $30,000 after buying an additional 267 shares in the last quarter. Versant Capital Management Inc bought a new position in shares of TC Energy during the 4th quarter worth about $33,000. Point72 DIFC Ltd acquired a new stake in TC Energy in the 3rd quarter valued at $39,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in TC Energy in the second quarter valued at about $51,000. Institutional investors own 83.13% of the company’s stock.

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.