Nancy Angenita Johnson Sells 3,328 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP - Get Free Report) NYSE: TRP Senior Officer Nancy Angenita Johnson sold 3,328 shares of TC Energy stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$67.75, for a total transaction of C$225,472.00.

Nancy Angenita Johnson also recently made the following trade(s):

• On Monday, August 19th, Nancy Angenita Johnson sold 5,414 shares of TC Energy stock. The shares were sold at an average price of C$61.16, for a total transaction of C$331,133.78.

TC Energy Price Performance

Shares of TSE TRP traded down C$1.68 during mid-day trading on Tuesday, reaching C$67.42. 2,947,525 shares of the company traded hands, compared to its average volume of 6,976,540. TC Energy Co. has a fifty-two week low of C$43.83 and a fifty-two week high of C$69.61. The firm has a market cap of C$70.12 billion, a PE ratio of 20.49, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. The stock has a fifty day simple moving average of C$63.89 and a 200-day simple moving average of C$57.81. The company has a debt-to-equity ratio of 160.84, a current ratio of 0.76 and a quick ratio of 0.40.

TC Energy (TSE:TRP - Get Free Report) NYSE: TRP last announced its quarterly earnings data 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. TC Energy had a return on equity of 10.68% and a net margin of 21.38%. The business had revenue of C$4.08 billion during the quarter, compared to analyst estimates of C$3.90 billion. Equities research analysts anticipate that TC Energy Co. will post 3.5490515 EPS for the current fiscal year.

TC Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a $1.113 dividend. This is a positive change from TC Energy's previous quarterly dividend of $0.96. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $4.45 annualized dividend and a yield of 6.60%. TC Energy's payout ratio is 116.01%.

Analyst Ratings Changes

A number of analysts have recently issued reports on TRP shares. National Bankshares lifted their target price on TC Energy from C$60.00 to C$70.00 in a research report on Friday. Morgan Joseph upgraded TC Energy from an "underweight" rating to an "overweight" rating and raised their price objective for the stock from C$62.00 to C$78.00 in a research note on Friday, October 25th. Veritas raised shares of TC Energy to a "strong sell" rating in a report on Tuesday, October 8th. Royal Bank of Canada upped their target price on TC Energy from C$67.00 to C$71.00 in a report on Friday. Finally, BMO Capital Markets raised their price target on TC Energy from C$55.00 to C$66.00 in a report on Friday. Two analysts have rated the stock with a sell rating, five have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of C$66.15.

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.