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Zacks Research Comments on TC Energy's Q3 Earnings (TSE:TRP)

TC Energy logo with Energy background

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for shares of TC Energy in a report issued on Friday, January 10th. Zacks Research analyst T. Saha now forecasts that the company will post earnings of $0.78 per share for the quarter, down from their prior estimate of $0.81. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share.

TC Energy (TSE:TRP - Get Free Report) NYSE: TRP last posted its quarterly earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.97 by C$0.06. The firm had revenue of C$4.08 billion for the quarter, compared to analysts' expectations of C$3.90 billion. TC Energy had a return on equity of 10.68% and a net margin of 21.38%.

TRP has been the subject of a number of other research reports. Veritas upgraded shares of TC Energy to a "strong sell" rating in a research note on Tuesday, October 8th. Morgan Joseph raised shares of TC Energy from an "underweight" rating to an "overweight" rating and boosted their target price for the stock from C$62.00 to C$78.00 in a research report on Friday, October 25th. Barclays raised their price target on shares of TC Energy from C$67.00 to C$74.00 in a research report on Wednesday, November 20th. National Bankshares boosted their price objective on TC Energy from C$70.00 to C$71.00 in a report on Wednesday, November 20th. Finally, Scotiabank raised their target price on TC Energy from C$74.00 to C$75.00 in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, TC Energy currently has a consensus rating of "Hold" and a consensus target price of C$69.92.

Get Our Latest Stock Report on TRP

TC Energy Stock Down 1.1 %

TSE TRP traded down C$0.77 on Monday, hitting C$66.54. 686,678 shares of the company were exchanged, compared to its average volume of 5,330,862. 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 company has a market cap of C$69.20 billion, a PE ratio of 20.10, a PEG ratio of 1.69 and a beta of 0.82. The stock has a fifty day moving average of C$67.57 and a 200-day moving average of C$62.47. TC Energy has a 12 month low of C$43.83 and a 12 month high of C$70.32.

TC Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be paid a $1.113 dividend. This is a boost from TC Energy's previous quarterly dividend of $0.96. This represents a $4.45 dividend on an annualized basis and a yield of 6.69%. The ex-dividend date of this dividend is Tuesday, December 31st. TC Energy's payout ratio is currently 116.01%.

Insiders Place Their Bets

In other TC Energy news, Senior Officer Nancy Angenita Johnson sold 3,328 shares of the firm's stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$67.75, for a total value of C$225,472.00. Also, Director Alexander (Alex) Oehler acquired 6,540 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was acquired at an average price of C$66.05 per share, for a total transaction of C$431,947.64. Insiders sold 420,911 shares of company stock worth $28,259,105 over the last quarter. 0.03% of the stock is currently owned by company insiders.

About TC Energy

(Get Free Report)

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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