Q2 Earnings Forecast for TC Energy Issued By Atb Cap Markets

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Atb Cap Markets reduced their Q2 2025 EPS estimates for shares of TC Energy in a research note issued on Monday, February 17th. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will earn $0.53 per share for the quarter, down from their prior estimate of $0.58. The consensus estimate for TC Energy’s current full-year earnings is $2.64 per share. Atb Cap Markets also issued estimates for TC Energy’s Q3 2025 earnings at $0.63 EPS, FY2025 earnings at $2.66 EPS, Q1 2026 earnings at $0.86 EPS, Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.77 EPS and FY2026 earnings at $2.81 EPS.

TRP has been the topic of several other research reports. US Capital Advisors upgraded TC Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, February 3rd. BMO Capital Markets boosted their price objective on TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday, November 20th. Morgan Stanley upgraded TC Energy from an “underweight” rating to an “overweight” rating in a report on Friday, October 25th. StockNews.com began coverage on TC Energy in a report on Wednesday, December 4th. They set a “hold” rating on the stock. Finally, Royal Bank of Canada boosted their price objective on TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $62.00.

TC Energy Price Performance

NYSE TRP opened at $46.38 on Wednesday. The stock’s 50-day moving average price is $46.56 and its two-hundred day moving average price is $46.63. The company has a current ratio of 1.31, a quick ratio of 1.23 and a debt-to-equity ratio of 1.78. The company has a market cap of $48.19 billion, a PE ratio of 14.31, a PEG ratio of 4.35 and a beta of 0.81. TC Energy has a 1 year low of $31.83 and a 1 year high of $50.37.

TC Energy (NYSE:TRP) (TSE:TRP) last issued its quarterly earnings results on Friday, February 14th. The pipeline company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.54. TC Energy had a net margin of 29.40% and a return on equity of 11.95%. The company had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the prior year, the company earned $1.35 EPS.

TC Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be issued a $0.85 dividend. This is an increase from TC Energy’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.40 dividend on an annualized basis and a dividend yield of 7.33%. TC Energy’s dividend payout ratio is currently 70.68%.

Hedge Funds Weigh In On TC Energy

A number of large investors have recently made changes to their positions in TRP. Vanguard Group Inc. increased its holdings in TC Energy by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 43,687,141 shares of the pipeline company’s stock worth $2,035,952,000 after buying an additional 734,678 shares during the last quarter. FIL Ltd increased its holdings in TC Energy by 10.3% in the fourth quarter. FIL Ltd now owns 28,443,403 shares of the pipeline company’s stock worth $1,325,558,000 after buying an additional 2,644,627 shares during the last quarter. TD Asset Management Inc. increased its holdings in TC Energy by 2.1% in the fourth quarter. TD Asset Management Inc. now owns 16,437,150 shares of the pipeline company’s stock worth $765,627,000 after buying an additional 344,485 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in TC Energy by 9.5% in the fourth quarter. Canada Pension Plan Investment Board now owns 14,755,330 shares of the pipeline company’s stock worth $686,763,000 after buying an additional 1,280,000 shares during the last quarter. Finally, Norges Bank acquired a new position in TC Energy in the fourth quarter worth approximately $428,759,000. Institutional investors and hedge funds own 83.13% of the company’s stock.

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.