Q2 Earnings Forecast for TC Energy Issued By Zacks Research

TC Energy Co. (NYSE:TRP - Free Report) TSE: TRP - Equities research analysts at Zacks Research cut their Q2 2025 EPS estimates for TC Energy in a note issued to investors on Thursday, March 6th. Zacks Research analyst T. Saha now expects that the pipeline company will post earnings of $0.52 per share for the quarter, down from their prior estimate of $0.55. 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 FY2025 earnings at $2.48 EPS, Q1 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $2.70 EPS and FY2027 earnings at $2.84 EPS.

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

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TC Energy Trading Up 0.2 %

Shares of NYSE TRP traded up $0.10 during midday trading on Friday, hitting $46.33. The stock had a trading volume of 3,360,487 shares, compared to its average volume of 2,584,982. The company has a fifty day moving average price of $46.27 and a 200 day moving average price of $46.77. The company has a market capitalization of $48.14 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 4.34 and a beta of 0.83. TC Energy has a 1-year low of $34.95 and a 1-year high of $50.37. The company has a quick ratio of 1.23, a current ratio of 0.55 and a debt-to-equity ratio of 1.56.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last released 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 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 the consensus estimate of $2.42 billion. During the same period in the prior year, the firm posted $1.35 EPS.

Institutional Investors Weigh In On TC Energy

A number of institutional investors have recently made changes to their positions in the company. NTV Asset Management LLC boosted its holdings in TC Energy by 4.0% in the fourth quarter. NTV Asset Management LLC now owns 6,189 shares of the pipeline company's stock worth $288,000 after purchasing an additional 239 shares during the period. Captrust Financial Advisors lifted its position in shares of TC Energy by 1.3% in the 3rd quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company's stock worth $871,000 after buying an additional 242 shares during the last quarter. Lee Financial Co boosted its holdings in shares of TC Energy by 3.1% in the 4th quarter. Lee Financial Co now owns 8,185 shares of the pipeline company's stock valued at $381,000 after buying an additional 246 shares during the period. IFP Advisors Inc grew its position in shares of TC Energy by 7.0% during the 4th quarter. IFP Advisors Inc now owns 3,809 shares of the pipeline company's stock valued at $177,000 after buying an additional 249 shares during the last quarter. Finally, Prospera Financial Services Inc grew its position in shares of 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 buying an additional 262 shares during the last quarter. 83.13% of the stock is currently owned by institutional investors.

TC Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 7.34%. The ex-dividend date is Monday, March 31st. 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%.

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.