Q2 Earnings Estimate for TC Energy Issued By Atb Cap Markets

TC Energy Co. (NYSE:TRP - Free Report) TSE: TRP - Research analysts at Atb Cap Markets dropped their Q2 2025 earnings per share (EPS) estimates for shares of TC Energy in a report issued on Monday, February 17th. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will earn $0.53 per share for the quarter, down from their previous forecast of $0.58. 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 Q3 2025 earnings at $0.63 EPS, FY2025 earnings at $2.66 EPS, Q1 2026 earnings at $0.86 EPS, Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.77 EPS and FY2026 earnings at $2.81 EPS.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last issued its quarterly earnings results 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 analysts' expectations of $2.42 billion. During the same quarter in the prior year, the business posted $1.35 earnings per share.

TRP has been the subject of a number of other reports. TD Securities started coverage on shares of TC Energy in a research report on Wednesday, January 15th. They issued a "buy" rating for the company. Veritas raised shares of TC Energy from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday. Royal Bank of Canada boosted their price target on shares of TC Energy from $71.00 to $74.00 and gave the stock an "outperform" rating in a research note on Tuesday. Morgan Stanley upgraded TC Energy from an "underweight" rating to an "overweight" rating in a research report on Friday, October 25th. Finally, US Capital Advisors raised TC Energy from a "hold" rating to a "moderate buy" rating in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $62.00.

TC Energy Stock Performance

Shares of NYSE:TRP traded down $0.60 during mid-day trading on Wednesday, reaching $44.94. 2,068,058 shares of the company traded hands, compared to its average volume of 2,106,917. TC Energy has a 52 week low of $31.83 and a 52 week high of $50.37. The firm has a market cap of $46.70 billion, a PE ratio of 13.87, a PEG ratio of 4.37 and a beta of 0.81. The company's 50 day moving average price is $46.48 and its 200-day moving average price is $46.63. 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.85 per share. This is a boost 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 of this dividend is Monday, March 31st. TC Energy's payout ratio is presently 71.91%.

Institutional Investors Weigh In On TC Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRP. Norges Bank purchased a new stake in TC Energy during the 4th quarter valued at $428,759,000. Mufg Securities Canada LTD. increased its position in 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 acquiring an additional 5,264,079 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of TC Energy by 156.1% in 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 acquiring an additional 4,126,801 shares during the period. Blackstone Inc. lifted its holdings in shares of TC Energy by 83.8% in the 4th quarter. Blackstone Inc. now owns 7,637,469 shares of the pipeline company's stock worth $355,371,000 after acquiring an additional 3,482,874 shares during the last quarter. Finally, FIL Ltd boosted its stake in shares of TC Energy by 10.3% during the 4th quarter. FIL Ltd now owns 28,443,403 shares of the pipeline company's stock worth $1,325,558,000 after purchasing an additional 2,644,627 shares during the period. 83.13% of the stock is currently owned by hedge funds and other 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.