TSE:TRP TC Energy (TRP) Stock Price, News & Analysis C$63.34 +0.11 (+0.17%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$62.91▼C$63.8450-Day RangeC$51.11▼C$63.3452-Week RangeC$44.70▼C$63.84Volume4.49 million shsAverage Volume6.23 million shsMarket CapitalizationC$65.87 billionP/E Ratio19.14Dividend Yield6.06%Price TargetC$58.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get TC Energy alerts: Email Address TC Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside7.8% DownsideC$58.38 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 11 Articles This WeekInsider TradingSelling SharesC$3.95 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.73 out of 5 stars 1.3 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageTC Energy has only been the subject of 4 research reports in the past 90 days.Read more about TC Energy's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TRP. Previous Next 1.7 Dividend Strength Dividend LeadershipTC Energy is a leading dividend payer. It pays a dividend yield of 6.27%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTC Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TC Energy is 116.01%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about TC Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRP. Previous Next 2.5 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for TC Energy this week, compared to 4 articles on an average week.Search InterestOnly 22 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows7 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$3,945,326.00 in company stock.Percentage Held by InsidersOnly 0.04% of the stock of TC Energy is held by insiders.Percentage Held by Institutions83.13% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about TC Energy's insider trading history. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 19.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 19.14, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 104.00.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 0.26. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTC Energy has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about TC Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << About TC Energy Stock (TSE:TRP)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. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.Read More TRP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRP Stock News HeadlinesSeptember 4 at 4:57 AM | insidertrades.comGreg Grant Sells 12,000 Shares of TC Energy Co. (TSE:TRP) StockAugust 31, 2024 | insidertrades.comMark Yeomans Sells 6,500 Shares of TC Energy Co. (TSE:TRP) StockSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 21, 2024 | insidertrades.comInsider Selling: TC Energy Co. (TSE:TRP) Senior Officer Sells 5,414 Shares of StockAugust 20, 2024 | insidertrades.comTC Energy Co. (TSE:TRP) Director Richard Prior Sells 3,000 SharesAugust 14, 2024 | insidertrades.comInsider Selling: TC Energy Co. (TSE:TRP) Director Sells 1,200 Shares of StockAugust 9, 2024 | insidertrades.comTC Energy Co. (TSE:TRP) Senior Officer Christine R. Johnston Sells 16,292 SharesAugust 8, 2024 | insidertrades.comColin Lindley Sells 2,773 Shares of TC Energy Co. (TSE:TRP) StockSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 7, 2024 | insidertrades.comTC Energy Co. (TSE:TRP) Senior Officer Nancy Angenita Johnson Sells 300 SharesSeptember 7 at 1:38 PM | markets.businessinsider.comBMO Capital Sticks to Their Hold Rating for TC Energy (TRP)September 7 at 1:49 AM | americanbankingnews.comTC Energy (TSE:TRP) PT Raised to C$65.00 at BMO Capital MarketsSeptember 4 at 4:07 AM | americanbankingnews.comTC Energy Co. (TSE:TRP) Senior Officer Patrick M. Keys Sells 17,127 SharesSeptember 2, 2024 | americanbankingnews.comInsider Selling: TC Energy Co. (TSE:TRP) Director Sells C$400,297.95 in StockAugust 30, 2024 | fool.caRRSP: 2 Discounted Dividend Stocks That Could Take Off in 2025August 28, 2024 | americanbankingnews.comTC Energy Co. to Post Q3 2024 Earnings of $0.88 Per Share, Zacks Research Forecasts (TSE:TRP)August 28, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for TC Energy Co. (TSE:TRP) Cut by US Capital AdvisorsAugust 28, 2024 | americanbankingnews.comTC Energy (TSE:TRP) Price Target Raised to C$65.00See More Headlines Receive TRP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TC Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/31 Dividend6/28/2024Dividend Payable7/31/2024Last Earnings8/01/2024Today9/07/2024Ex-Dividend for 10/31 Dividend9/27/2024Dividend Payable10/31/2024Next Earnings (Estimated)11/13/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas Midstream Sub-IndustryUtilities Current SymbolTSE:TRP CUSIPN/A CIKN/A Webwww.transcanada.com Phone+1-403-9202000FaxN/AEmployees7,480Year FoundedN/APrice Target and Rating Average Stock Price TargetC$58.38 High Stock Price TargetC$65.00 Low Stock Price TargetC$47.00 Potential Upside/Downside-7.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.31 Trailing P/E Ratio19.14 Forward P/E Ratio14.68 P/E Growth0.26Net IncomeC$3.43 billion Net Margins21.38% Pretax MarginN/A Return on Equity10.68% Return on Assets3.51% Debt Debt-to-Equity Ratio160.84 Current Ratio0.76 Quick Ratio0.40 Sales & Book Value Annual SalesC$16.50 billion Price / Sales3.99 Cash FlowC$3.12 per share Price / Cash Flow20.28 Book ValueC$26.64 per share Price / Book2.38Miscellaneous Outstanding Shares1,040,000,000Free FloatN/AMarket CapC$65.87 billion OptionableNot Optionable Beta0.81 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 58)CEO, President & Director Comp: $3.34MMs. Annesley C. WallaceExecutive VP of Strategy, Corporate Development and President of Power & Energy SolutionsMr. Stanley Graham Chapman III (Age 58)Executive VP & COO of Natural Gas Pipelines Comp: $2.48MMr. Bevin Mark Wirzba M.B.A.P.Eng., Executive VP & President of Liquids PipelinesGavin WylieVice-President of Investor RelationsMr. Patrick M. KeysExecutive VP, General Counsel and Chief Compliance & Sustainability OfficerMr. Richard J. PriorPresident of Liquids Pipelines.Ms. Dawn E. de LimaExecutive Vice-President of Corporate ServicesMr. Patrick C. MuttartSenior Vice President of External RelationsMr. Greg GrantPresident of Canadian Natural Gas PipelinesMore ExecutivesKey CompetitorsPembina PipelineTSE:PPLEmeraTSE:EMABrookfield InfrastructureTSE:BIPCBrookfield RenewableTSE:BEPCAlgonquin Power & UtilitiesTSE:AQNView All CompetitorsInsidersPatrick M. KeysSold 17,127 sharesTotal: C$1.07 M ($62.71/share)Greg GrantSold 12,000 sharesTotal: C$751,384.80 ($62.62/share)Mark YeomansSold 6,500 sharesTotal: C$400,297.95 ($61.58/share)Nancy Angenita JohnsonSold 5,414 sharesTotal: C$331,133.78 ($61.16/share)Richard PriorSold 3,000 sharesTotal: C$132,000.00 ($44.00/share)View All Insider Transactions Should I Buy TC Energy Stock? TRP Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in TC Energy Co.: TC Energy's stock price has been trading at a relatively stable level, showing resilience in market fluctuations. Analysts have set new price targets for TC Energy, indicating positive sentiment and potential for stock price appreciation. TC Energy has a consistent track record of paying dividends, providing investors with a steady income stream. Recent insider selling activity could be seen as a positive sign of confidence in the company's future performance. TC Energy's strong financial metrics, such as a healthy return on equity and net margin, reflect a stable and profitable business model. Cons Investors should be bearish about investing in TC Energy Co. for these reasons: TC Energy's FY2024 earnings estimate was recently lowered by analysts, potentially signaling challenges ahead for the company. The company's debt-to-equity ratio is significantly high, which may pose risks in terms of financial leverage and stability. Despite recent positive analyst ratings, there is a mixed outlook on the stock, with some analysts maintaining a hold rating. TC Energy's stock has experienced fluctuations in trading volume, indicating potential volatility in the market sentiment towards the company. The company's dividend payout ratio is relatively high, which could limit future growth opportunities or reinvestment in the business. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these TC Energy pros and cons to contact@marketbeat.com. TRP Stock Analysis - Frequently Asked Questions How have TRP shares performed this year? TC Energy's stock was trading at C$51.76 on January 1st, 2024. Since then, TRP shares have increased by 22.4% and is now trading at C$63.34. View the best growth stocks for 2024 here. How were TC Energy's earnings last quarter? TC Energy Co. (TSE:TRP) posted its quarterly earnings results on Thursday, August, 1st. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.05. The firm had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $3.78 billion. TC Energy had a trailing twelve-month return on equity of 10.68% and a net margin of 21.38%. How do I buy shares of TC Energy? Shares of TRP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What other stocks do shareholders of TC Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that TC Energy investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Toronto-Dominion Bank (TD). This page (TSE:TRP) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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