Zacks Research Has Negative Outlook of TC Energy Q4 Earnings

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Research analysts at Zacks Research cut their Q4 2025 earnings estimates for shares of TC Energy in a note issued to investors on Thursday, March 6th. Zacks Research analyst T. Saha now anticipates that the pipeline company will earn $0.73 per share for the quarter, down from their prior estimate of $0.74. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for TC Energy’s Q2 2026 earnings at $0.65 EPS.

Other analysts have also issued reports about the stock. Royal Bank of Canada increased their target price on shares of TC Energy from $71.00 to $74.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. TD Securities initiated coverage on shares of TC Energy in a research note on Wednesday, January 15th. They set a “buy” rating for the company. US Capital Advisors upgraded shares of TC Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, February 3rd. Veritas upgraded shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. Finally, StockNews.com downgraded shares of TC Energy from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th. One analyst has rated the stock with a sell rating, two have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, TC Energy has a consensus rating of “Moderate Buy” and an average price target of $62.00.

TC Energy Stock Up 0.2 %

TRP stock opened at $46.33 on Monday. TC Energy has a 12 month low of $34.95 and a 12 month high of $50.37. The firm has a market cap of $48.14 billion, a PE ratio of 14.30, a P/E/G ratio of 4.34 and a beta of 0.83. The firm has a 50 day simple moving average of $46.27 and a 200 day simple moving average of $46.77. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.55 and a quick ratio of 1.23.

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

TC Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.85 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.40 dividend on an annualized basis and a dividend yield of 7.34%. This is an increase from TC Energy’s previous quarterly dividend of $0.82. TC Energy’s dividend payout ratio (DPR) is currently 72.53%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Addenda Capital Inc. grew its stake in TC Energy by 4.4% in the 4th quarter. Addenda Capital Inc. now owns 1,034,497 shares of the pipeline company’s stock valued at $48,135,000 after buying an additional 43,639 shares during the last quarter. Captrust Financial Advisors grew its stake in TC Energy by 1.3% in the 3rd quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock valued at $871,000 after buying an additional 242 shares during the last quarter. Ritholtz Wealth Management grew its stake in TC Energy by 44.8% in the 4th quarter. Ritholtz Wealth Management now owns 23,957 shares of the pipeline company’s stock valued at $1,115,000 after buying an additional 7,412 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in TC Energy in the 3rd quarter valued at $3,771,000. Finally, Exchange Traded Concepts LLC grew its stake in TC Energy by 7.5% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,034,698 shares of the pipeline company’s stock valued at $48,144,000 after buying an additional 71,955 shares during the last quarter. Institutional investors own 83.13% of the company’s stock.

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.