Research Analysts Issue Forecasts for TC Energy Q3 Earnings

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Equities research analysts at US Capital Advisors lowered their Q3 2025 EPS estimates for TC Energy in a research note issued to investors on Monday, March 24th. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings per share of $0.98 for the quarter, down from their previous forecast of $0.99. US Capital Advisors has a "Moderate Buy" rating on the stock. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share. US Capital Advisors also issued estimates for TC Energy's Q4 2025 earnings at $1.03 EPS.

Several other equities analysts have also recently commented on the stock. Royal Bank of Canada boosted their target price on shares of TC Energy from C$71.00 to C$74.00 in a research report on Tuesday, February 18th. TD Securities set a C$73.00 price objective on shares of TC Energy and gave the company a "buy" rating in a research report on Wednesday, January 15th. Jefferies Financial Group raised their target price on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Veritas upgraded TC Energy from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. Finally, CIBC upped their price objective on TC Energy from C$68.00 to C$70.00 and gave the stock a "neutral" rating in a research report on Thursday, January 9th. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$73.25.

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TC Energy Price Performance

TSE:TRP traded down C$0.29 during trading hours on Wednesday, reaching C$68.82. 12,702,654 shares of the company were exchanged, compared to its average volume of 5,858,474. The business has a 50 day moving average of C$66.74 and a 200 day moving average of C$66.13. TC Energy has a 1-year low of C$43.83 and a 1-year high of C$70.97. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40. The company has a market capitalization of C$70.97 billion, a P/E ratio of 13.69, a P/E/G ratio of 1.69 and a beta of 0.82.

Insiders Place Their Bets

In other news, Director Francois Lionel Poirier acquired 4,800 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were purchased at an average cost of C$65.05 per share, with a total value of C$312,239.52. Also, Senior Officer Michele L. Waters bought 1,525 shares of TC Energy stock in a transaction dated Thursday, February 20th. The stock was purchased at an average price of C$64.68 per share, with a total value of C$98,630.90. Over the last 90 days, insiders have acquired 19,827 shares of company stock worth $1,274,516 and have sold 145,977 shares worth $9,810,511. Corporate insiders own 0.03% of the company's stock.

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.