What is Zacks Research's Estimate for TC Energy Q3 Earnings?

TC Energy Co. (NYSE:TRP - Free Report) TSE: TRP - Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for shares of TC Energy in a research report issued to clients and investors on Friday, January 10th. Zacks Research analyst T. Saha now anticipates that the pipeline company will earn $0.57 per share for the quarter, down from their prior forecast of $0.59. The consensus estimate for TC Energy's current full-year earnings is $3.00 per share.

A number of other brokerages have also recently issued reports on TRP. JPMorgan Chase & Co. raised shares of TC Energy from a "neutral" rating to an "overweight" rating in a report on Monday, October 14th. BMO Capital Markets upped 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. Morgan Stanley raised TC Energy from an "underweight" rating to an "overweight" rating in a research report on Friday, October 25th. The Goldman Sachs Group upped their price objective on shares of TC Energy from $38.00 to $42.00 and gave the company a "sell" rating in a report on Monday, October 21st. Finally, StockNews.com assumed coverage on shares of TC Energy in a research note on Wednesday, December 4th. They set a "hold" rating for the company. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, TC Energy presently has a consensus rating of "Hold" and a consensus target price of $55.67.

TC Energy Stock Performance

NYSE TRP traded down $0.56 on Monday, hitting $46.14. 454,235 shares of the stock were exchanged, compared to its average volume of 1,432,500. The company has a market capitalization of $47.93 billion, a PE ratio of 12.78, a P/E/G ratio of 3.88 and a beta of 0.82. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.31 and a quick ratio of 1.23. The business's fifty day moving average is $47.76 and its 200 day moving average is $45.37. TC Energy has a 52 week low of $31.83 and a 52 week high of $50.37.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last announced its quarterly earnings data on Thursday, November 7th. The pipeline company reported $0.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.06. TC Energy had a return on equity of 12.92% and a net margin of 31.15%. The company had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $2.83 billion.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a dividend of $0.822 per share. The ex-dividend date is Tuesday, December 31st. This represents a $3.29 dividend on an annualized basis and a yield of 7.13%. This is an increase from TC Energy's previous quarterly dividend of $0.70. TC Energy's dividend payout ratio is currently 67.31%.

Institutional Trading of TC Energy

Institutional investors have recently modified their holdings of the stock. Captrust Financial Advisors increased its stake in TC Energy by 1.3% in the third quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company's stock valued at $871,000 after acquiring an additional 242 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of TC Energy in the third quarter worth about $3,771,000. Harvest Portfolios Group Inc. boosted its stake in shares of TC Energy by 107.7% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 226,007 shares of the pipeline company's stock valued at $10,743,000 after purchasing an additional 117,176 shares in the last quarter. Barclays PLC grew its holdings in shares of TC Energy by 19.9% during the 3rd quarter. Barclays PLC now owns 528,528 shares of the pipeline company's stock valued at $25,132,000 after purchasing an additional 87,885 shares during the last quarter. Finally, Partners Group Holding AG increased its position in TC Energy by 25.8% during the 3rd quarter. Partners Group Holding AG now owns 845,335 shares of the pipeline company's stock worth $40,196,000 after purchasing an additional 173,250 shares in the last quarter. 83.13% of the stock is currently owned by institutional investors.

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.