TC Energy FY2025 EPS Estimate Cut by National Bank Financial

TC Energy Co. (NYSE:TRP - Free Report) TSE: TRP - National Bank Financial cut their FY2025 earnings per share (EPS) estimates for TC Energy in a report issued on Monday, January 6th. National Bank Financial analyst P. Kenny now expects that the pipeline company will post earnings of $2.83 per share for the year, down from their previous estimate of $2.84. The consensus estimate for TC Energy's current full-year earnings is $3.00 per share. National Bank Financial also issued estimates for TC Energy's FY2026 earnings at $2.97 EPS and FY2027 earnings at $3.06 EPS.

A number of other equities research analysts have also issued reports on TRP. JPMorgan Chase & Co. upgraded shares of TC Energy from a "neutral" rating to an "overweight" rating in a research note on Monday, October 14th. UBS Group upgraded TC Energy from a "neutral" rating to a "buy" rating in a research note on Monday, September 30th. StockNews.com initiated coverage on TC Energy in a report on Wednesday, December 4th. They issued a "hold" rating for the company. Morgan Stanley raised shares of TC Energy from an "underweight" rating to an "overweight" rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group raised their price target on shares of TC Energy from $38.00 to $42.00 and gave the stock a "sell" rating in a research report on Monday, October 21st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, TC Energy currently has a consensus rating of "Hold" and an average target price of $55.67.

TC Energy Stock Up 0.0 %

TRP traded up $0.01 during trading on Thursday, hitting $47.78. The company had a trading volume of 1,259,612 shares, compared to its average volume of 1,416,501. 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. The company has a market cap of $49.63 billion, a PE ratio of 13.24, a P/E/G ratio of 3.88 and a beta of 0.82. The business has a 50-day moving average of $47.75 and a 200-day moving average of $45.23.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last announced its earnings results on Thursday, November 7th. The pipeline company reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.06. TC Energy had a return on equity of 12.92% and a net margin of 31.15%. The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.83 billion.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a $0.822 dividend. This is a positive change from TC Energy's previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.29 dividend on an annualized basis and a dividend yield of 6.88%. TC Energy's dividend payout ratio (DPR) is 67.31%.

Institutional Trading of TC Energy

Several institutional investors and hedge funds have recently bought and sold shares of TRP. Captrust Financial Advisors raised its holdings in shares of TC Energy by 1.3% during the third quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company's stock valued at $871,000 after acquiring an additional 242 shares during the period. Prospera Financial Services Inc raised its stake in TC Energy by 4.8% during the 3rd quarter. Prospera Financial Services Inc now owns 5,754 shares of the pipeline company's stock valued at $274,000 after purchasing an additional 262 shares during the period. First Horizon Advisors Inc. lifted its holdings in shares of TC Energy by 8.1% in the third quarter. First Horizon Advisors Inc. now owns 3,505 shares of the pipeline company's stock valued at $167,000 after purchasing an additional 264 shares in the last quarter. Blue Trust Inc. boosted its position in shares of TC Energy by 72.0% in 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 during the period. Finally, Mesirow Financial Investment Management Inc. grew its holdings in shares of TC Energy by 4.5% during the third quarter. Mesirow Financial Investment Management Inc. now owns 9,175 shares of the pipeline company's stock valued at $436,000 after buying an additional 393 shares in the last quarter. Institutional investors and hedge funds 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.