TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Investment analysts at Atb Cap Markets increased their Q1 2025 earnings per share estimates for TC Energy in a report issued on Tuesday, November 19th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $1.06 per share for the quarter, up from their previous estimate of $1.04. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share. Atb Cap Markets also issued estimates for TC Energy's Q2 2025 earnings at $0.81 EPS, Q3 2025 earnings at $0.93 EPS and FY2027 earnings at $4.26 EPS.
TRP has been the subject of a number of other reports. Wells Fargo & Company increased their price objective on TC Energy from C$74.00 to C$76.00 in a report on Wednesday. CIBC increased their price objective on TC Energy from C$67.00 to C$68.00 in a report on Wednesday. Scotiabank increased their price objective on TC Energy from C$74.00 to C$75.00 in a report on Wednesday. Morgan Joseph upgraded TC Energy from an "underweight" rating to an "overweight" rating and increased their price objective for the stock from C$62.00 to C$78.00 in a report on Friday, October 25th. Finally, Veritas upgraded TC Energy to a "strong sell" rating in a research note on Tuesday, October 8th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of C$69.54.
Check Out Our Latest Stock Report on TRP
TC Energy Stock Down 0.7 %
Shares of TSE TRP traded down C$0.49 during mid-day trading on Friday, reaching C$69.65. 1,538,077 shares of the company's stock were exchanged, compared to its average volume of 6,822,745. The firm has a market capitalization of C$72.44 billion, a price-to-earnings ratio of 21.19, a PEG ratio of 1.69 and a beta of 0.82. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 160.84. The business has a fifty day simple moving average of C$64.86 and a 200 day simple moving average of C$58.90. TC Energy has a twelve month low of C$43.83 and a twelve month high of C$70.32.
TC Energy (TSE:TRP - Get Free Report) NYSE: TRP last released its earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share for the quarter, beating the consensus estimate of C$0.97 by C$0.06. The firm had revenue of C$4.08 billion for the quarter, compared to analyst estimates of C$3.90 billion. TC Energy had a return on equity of 10.68% and a net margin of 21.38%.
TC Energy Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be issued a dividend of $1.113 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $4.45 dividend on an annualized basis and a dividend yield of 6.39%. This is a boost from TC Energy's previous quarterly dividend of $0.96. TC Energy's payout ratio is 116.01%.
Insider Transactions at TC Energy
In other TC Energy news, Director David Brast sold 6,743 shares of the company's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of C$69.01, for a total value of C$465,353.98. Also, Senior Officer Francois Lionel Poirier sold 118,243 shares of the company's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of C$68.38, for a total value of C$8,085,219.85. In the last quarter, insiders sold 214,476 shares of company stock valued at $14,299,929. Corporate insiders own 0.03% of the company's stock.
About TC Energy
(
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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.
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