Q1 Earnings Forecast for TC Energy Issued By Atb Cap Markets

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Research analysts at Atb Cap Markets lifted their Q1 2025 earnings per share (EPS) estimates for TC Energy in a research report issued on Tuesday, November 19th. Atb Cap Markets analyst N. Heywood now forecasts that the pipeline company will earn $0.76 per share for the quarter, up from their previous forecast of $0.75. The consensus estimate for TC Energy’s current full-year earnings is $2.98 per share. Atb Cap Markets also issued estimates for TC Energy’s Q4 2025 earnings at $0.81 EPS.

TC Energy (NYSE:TRP) (TSE:TRP) last posted its earnings results on Thursday, November 7th. The pipeline company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.06. TC Energy had a net margin of 31.15% and a return on equity of 12.92%. The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.83 billion.

Several other equities research analysts have also issued reports on the company. UBS Group raised TC Energy from a “neutral” rating to a “buy” rating in a research note on Monday, September 30th. BMO Capital Markets lifted their price target on TC Energy from $66.00 to $70.00 and gave the company a “market perform” rating in a research report on Wednesday. StockNews.com initiated coverage on shares of TC Energy in a research report on Monday, November 18th. They issued a “hold” rating on the stock. Morgan Stanley raised shares of TC Energy from an “underweight” rating to an “overweight” rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. raised shares of TC Energy from a “neutral” rating to an “overweight” rating in a research note on Monday, October 14th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $55.67.

TC Energy Stock Down 0.8 %

TRP opened at $49.85 on Friday. The firm has a market capitalization of $51.74 billion, a P/E ratio of 13.81, a price-to-earnings-growth ratio of 4.22 and a beta of 0.81. TC Energy has a one year low of $31.83 and a one year high of $50.37. The company has a fifty day moving average price of $47.22 and a 200-day moving average price of $43.22. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.31 and a quick ratio of 1.23.

Institutional Investors Weigh In On TC Energy

Institutional investors have recently made changes to their positions in the business. Fortitude Family Office LLC bought a new position in TC Energy during the 3rd quarter worth approximately $28,000. Blue Trust Inc. grew its holdings in shares of TC Energy by 72.0% in the third quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 267 shares during the last quarter. EdgeRock Capital LLC purchased a new position in shares of TC Energy in the second quarter worth $25,000. Whittier Trust Co. of Nevada Inc. raised its holdings in TC Energy by 138.8% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 738 shares of the pipeline company’s stock valued at $28,000 after buying an additional 429 shares during the last quarter. Finally, Point72 DIFC Ltd bought a new stake in TC Energy during the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be issued a $0.822 dividend. This represents a $3.29 dividend on an annualized basis and a dividend yield of 6.60%. This is a positive change from TC Energy’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Tuesday, December 31st. TC Energy’s payout ratio is presently 67.31%.

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.