Q1 Earnings Estimate for TC Energy Issued By Atb Cap Markets

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Atb Cap Markets lowered their Q1 2025 earnings per share estimates for TC Energy in a research note issued on Monday, February 17th. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will earn $0.71 per share for the quarter, down from their previous estimate of $0.76. The consensus estimate for TC Energy’s current full-year earnings is $2.62 per share. Atb Cap Markets also issued estimates for TC Energy’s Q4 2025 earnings at $0.77 EPS.

Several other equities analysts have also commented on TRP. BMO Capital Markets increased their price objective on shares of TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 20th. StockNews.com upgraded TC Energy from a “hold” rating to a “buy” rating in a research report on Wednesday. TD Securities began coverage on TC Energy in a report on Wednesday, January 15th. They issued a “buy” rating on the stock. Morgan Stanley upgraded TC Energy from an “underweight” rating to an “overweight” rating in a report on Friday, October 25th. Finally, Royal Bank of Canada increased their target price on shares of TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, TC Energy currently has a consensus rating of “Hold” and a consensus target price of $62.00.

TC Energy Trading Down 1.1 %

Shares of TRP stock opened at $45.89 on Thursday. The company has a 50-day moving average of $46.53 and a two-hundred day moving average of $46.62. The firm has a market cap of $47.68 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 4.43 and a beta of 0.81. TC Energy has a 1-year low of $31.83 and a 1-year high of $50.37. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.31 and a quick ratio of 1.23.

TC Energy (NYSE:TRP) (TSE:TRP) last released its quarterly earnings results on Friday, February 14th. The pipeline company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54. The business had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $2.42 billion. TC Energy had a return on equity of 11.95% and a net margin of 29.40%. During the same period in the prior year, the business posted $1.35 EPS.

Hedge Funds Weigh In On TC Energy

Several large investors have recently bought and sold shares of TRP. Addenda Capital Inc. boosted its position in shares of TC Energy by 4.4% during the 4th quarter. Addenda Capital Inc. now owns 1,034,497 shares of the pipeline company’s stock worth $48,135,000 after acquiring an additional 43,639 shares in the last quarter. Captrust Financial Advisors increased its stake in TC Energy by 1.3% in the third quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock valued at $871,000 after purchasing an additional 242 shares during the last quarter. Ritholtz Wealth Management increased its stake in TC Energy by 44.8% in the fourth quarter. Ritholtz Wealth Management now owns 23,957 shares of the pipeline company’s stock valued at $1,115,000 after purchasing an additional 7,412 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of TC Energy during the 3rd quarter worth approximately $3,771,000. Finally, Harvest Portfolios Group Inc. boosted its holdings in shares of TC Energy by 107.7% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 226,007 shares of the pipeline company’s stock valued at $10,743,000 after buying an additional 117,176 shares in the last quarter. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be given a dividend of $0.85 per share. This is a boost from TC Energy’s previous quarterly dividend of $0.82. This represents a $3.40 annualized dividend and a dividend yield of 7.41%. The ex-dividend date of this dividend is Monday, March 31st. TC Energy’s payout ratio is 70.68%.

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.