TC Energy Q1 EPS Estimate Boosted by US Capital Advisors

TC Energy Co. (NYSE:TRP - Free Report) TSE: TRP - Stock analysts at US Capital Advisors upped their Q1 2025 earnings estimates for shares of TC Energy in a note issued to investors on Monday, March 24th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will post earnings of $0.79 per share for the quarter, up from their prior forecast 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.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last posted its quarterly earnings data on Friday, February 14th. The pipeline company reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.54. TC Energy had a net margin of 29.40% and a return on equity of 12.12%. The firm had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same quarter last year, the business posted $1.35 EPS.

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TRP has been the subject of a number of other reports. Veritas upgraded shares of TC Energy from a "strong sell" rating to a "strong-buy" rating in a report on Tuesday, February 18th. Royal Bank of Canada increased their price objective on TC Energy from $71.00 to $74.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. StockNews.com lowered TC Energy from a "buy" rating to a "hold" rating in a report on Thursday, March 6th. Finally, TD Securities began coverage on TC Energy in a research report on Wednesday, January 15th. They set a "buy" rating for the company. One research analyst has rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $62.00.

TC Energy Stock Down 0.5 %

TRP stock traded down $0.25 during mid-day trading on Tuesday, hitting $48.02. The stock had a trading volume of 1,683,361 shares, compared to its average volume of 2,660,872. TC Energy has a 1-year low of $34.95 and a 1-year high of $50.37. The company has a fifty day moving average of $46.54 and a 200 day moving average of $46.94. The company has a current ratio of 0.55, a quick ratio of 1.23 and a debt-to-equity ratio of 1.56. The stock has a market capitalization of $49.90 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 4.34 and a beta of 0.83.

Hedge Funds Weigh In On TC Energy

Several hedge funds and other institutional investors have recently modified their holdings of TRP. Vanguard Group Inc. grew its stake in shares of TC Energy by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 43,687,141 shares of the pipeline company's stock valued at $2,035,952,000 after purchasing an additional 734,678 shares during the last quarter. FIL Ltd lifted its stake in shares of TC Energy by 10.3% during the fourth quarter. FIL Ltd now owns 28,443,403 shares of the pipeline company's stock valued at $1,325,558,000 after acquiring an additional 2,644,627 shares during the period. TD Asset Management Inc. boosted its holdings in TC Energy by 2.1% in the fourth quarter. TD Asset Management Inc. now owns 16,437,150 shares of the pipeline company's stock valued at $765,627,000 after acquiring an additional 344,485 shares during the last quarter. Canada Pension Plan Investment Board increased its position in TC Energy by 9.5% in the fourth quarter. Canada Pension Plan Investment Board now owns 14,755,330 shares of the pipeline company's stock worth $686,763,000 after purchasing an additional 1,280,000 shares during the period. Finally, Norges Bank bought a new stake in TC Energy during the 4th quarter worth about $428,759,000. Institutional investors own 83.13% of the company's stock.

TC Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.85 dividend. The ex-dividend date is Monday, March 31st. This represents a $3.40 dividend on an annualized basis and a yield of 7.08%. This is a boost from TC Energy's previous quarterly dividend of $0.82. TC Energy's payout ratio is presently 72.53%.

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.