Q1 Earnings Estimate for TC Energy Issued By Atb Cap Markets

TC Energy Co. (NYSE:TRP - Free Report) TSE: TRP - Investment analysts at Atb Cap Markets cut their Q1 2025 earnings per share estimates for shares of TC Energy in a research note issued on Monday, February 17th. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will post earnings of $0.71 per share for the quarter, down from their previous forecast of $0.76. The consensus estimate for TC Energy's current full-year earnings is $2.63 per share. Atb Cap Markets also issued estimates for TC Energy's Q4 2025 earnings at $0.77 EPS.

TRP has been the topic of a number of other reports. US Capital Advisors raised TC Energy from a "hold" rating to a "moderate buy" rating in a research note on Monday, February 3rd. BMO Capital Markets raised their price objective on TC Energy from $66.00 to $70.00 and gave the company a "market perform" rating in a research note on Wednesday, November 20th. StockNews.com raised TC Energy from a "hold" rating to a "buy" rating in a research note on Wednesday. Morgan Stanley raised TC Energy from an "underweight" rating to an "overweight" rating in a research note on Friday, October 25th. Finally, TD Securities initiated coverage on TC Energy in a research report on Wednesday, January 15th. They issued a "buy" rating on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $62.00.

TC Energy Stock Performance

Shares of TRP stock traded down $0.60 during trading on Thursday, reaching $44.94. The company had a trading volume of 2,068,058 shares, compared to its average volume of 2,106,917. The firm's 50 day simple moving average is $46.51 and its two-hundred day simple moving average is $46.61. 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 has a one year low of $31.83 and a one year high of $50.37. The company has a market capitalization of $46.70 billion, a PE ratio of 13.87, a PEG ratio of 4.37 and a beta of 0.81.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last announced its quarterly earnings results on Friday, February 14th. The pipeline company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.54. TC Energy had a return on equity of 12.12% and a net margin of 29.40%. 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 previous year, the company earned $1.35 EPS.

TC Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a $0.85 dividend. This is an increase from TC Energy's previous quarterly dividend of $0.82. This represents a $3.40 annualized dividend and a yield of 7.57%. The ex-dividend date is Monday, March 31st. TC Energy's payout ratio is currently 71.91%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of TC Energy during the fourth quarter valued at approximately $428,759,000. Mufg Securities Canada LTD. increased its position in shares of TC Energy by 571.7% during the fourth quarter. Mufg Securities Canada LTD. now owns 6,184,832 shares of the pipeline company's stock valued at $288,043,000 after purchasing an additional 5,264,079 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of TC Energy by 156.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,769,975 shares of the pipeline company's stock valued at $321,778,000 after purchasing an additional 4,126,801 shares during the period. Blackstone Inc. increased its position in shares of TC Energy by 83.8% during the fourth quarter. Blackstone Inc. now owns 7,637,469 shares of the pipeline company's stock valued at $355,371,000 after purchasing an additional 3,482,874 shares during the period. Finally, FIL Ltd increased its position 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 purchasing an additional 2,644,627 shares during the period. 83.13% of the stock is owned by institutional investors.

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.