What is Zacks Research's Forecast for TC Energy Q1 Earnings?

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for TC Energy in a research note issued on Friday, April 4th. Zacks Research analyst T. Saha now expects that the company will earn $1.05 per share for the quarter, up from their previous estimate of $1.02. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy's Q2 2025 earnings at $0.76 EPS, Q4 2025 earnings at $1.16 EPS, Q1 2026 earnings at $1.04 EPS, Q2 2026 earnings at $0.94 EPS, Q4 2026 earnings at $1.21 EPS, Q1 2027 earnings at $1.10 EPS and FY2027 earnings at $3.90 EPS.

Other analysts have also issued reports about the stock. CIBC upped their price target on shares of TC Energy from C$68.00 to C$70.00 and gave the stock a "neutral" rating in a research note on Thursday, January 9th. US Capital Advisors upgraded TC Energy from a "hold" rating to a "moderate buy" rating in a research report on Monday, February 3rd. Veritas upgraded TC Energy from a "strong sell" rating to a "strong-buy" rating in a research report on Tuesday, February 18th. Jefferies Financial Group upped their price objective on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Finally, Citigroup raised TC Energy to a "hold" rating in a report on Friday, April 4th. Seven investment analysts have rated the stock with a hold rating, five have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, TC Energy currently has an average rating of "Moderate Buy" and an average price target of C$73.25.

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TC Energy Price Performance

TRP stock traded up C$2.33 during trading on Monday, hitting C$65.85. The company had a trading volume of 9,063,720 shares, compared to its average volume of 6,715,481. The business has a 50 day moving average of C$66.56 and a 200 day moving average of C$66.36. The firm has a market capitalization of C$67.91 billion, a price-to-earnings ratio of 13.10, a P/E/G ratio of 1.69 and a beta of 0.82. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62. TC Energy has a fifty-two week low of C$43.83 and a fifty-two week high of C$70.97.

Insider Activity

In related news, Director Trevor Ebl acquired 1,470 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average cost of C$67.85 per share, with a total value of C$99,732.15. Also, Director Rosemary K. Stevens sold 5,089 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of C$67.19, for a total transaction of C$341,919.73. Over the last 90 days, insiders have bought 13,287 shares of company stock worth $842,568 and have sold 145,977 shares worth $9,810,511. 0.03% of the stock is owned by company insiders.

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.