US Capital Advisors Raises Earnings Estimates for TC Energy

TC Energy Co. (NYSE:TRPFree Report) (TSE:TRP) – Stock analysts at US Capital Advisors lifted their Q1 2025 earnings per share estimates for shares of TC Energy in a research report issued to clients and investors on Monday, March 24th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $0.79 per share for the quarter, up from their previous estimate of $0.77. US Capital Advisors has a “Moderate Buy” rating on the stock. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. US Capital Advisors also issued estimates for TC Energy’s Q2 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.72 EPS, FY2025 earnings at $2.86 EPS, Q1 2026 earnings at $0.79 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $2.83 EPS and FY2027 earnings at $2.79 EPS.

TC Energy (NYSE:TRPGet Free Report) (TSE:TRP) last released its earnings results on Friday, February 14th. The pipeline company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54. TC Energy had a return on equity of 12.12% and a net margin of 29.40%. The company had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.42 billion. During the same quarter in the previous year, the company posted $1.35 earnings per share.

A number of other brokerages have also recently weighed in on TRP. Veritas raised shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. StockNews.com lowered TC Energy from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th. TD Securities began coverage on TC Energy in a research note on Wednesday, January 15th. They set a “buy” rating for the company. Finally, Royal Bank of Canada lifted their price target on shares of TC Energy from $71.00 to $74.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $62.00.

Get Our Latest Report on TRP

TC Energy Stock Up 1.7 %

TC Energy stock opened at $49.28 on Tuesday. The firm has a market capitalization of $51.20 billion, a price-to-earnings ratio of 15.21, a PEG ratio of 4.34 and a beta of 0.83. The company’s 50 day simple moving average is $46.40 and its 200 day simple moving average is $46.89. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.55 and a quick ratio of 1.23. TC Energy has a fifty-two week low of $34.95 and a fifty-two week high of $50.37.

Hedge Funds Weigh In On TC Energy

A number of large investors have recently modified their holdings of the company. Natixis Advisors LLC boosted its position in shares of TC Energy by 10.9% during the third quarter. Natixis Advisors LLC now owns 49,438 shares of the pipeline company’s stock valued at $2,351,000 after buying an additional 4,877 shares during the last quarter. Thrivent Financial for Lutherans purchased a new position in TC Energy in the third quarter worth $236,000. Prospera Financial Services Inc grew its position in shares of TC Energy by 4.8% during the 3rd quarter. Prospera Financial Services Inc now owns 5,754 shares of the pipeline company’s stock valued at $274,000 after acquiring an additional 262 shares during the period. Intech Investment Management LLC increased its stake in shares of TC Energy by 31.2% during the 3rd quarter. Intech Investment Management LLC now owns 43,225 shares of the pipeline company’s stock worth $2,057,000 after purchasing an additional 10,289 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in TC Energy by 3.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,812,692 shares of the pipeline company’s stock worth $133,845,000 after acquiring an additional 98,245 shares during the last quarter. 83.13% of the stock is currently owned by institutional investors.

TC Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be given a dividend of $0.85 per share. This is a positive change from TC Energy’s previous quarterly dividend of $0.82. The ex-dividend date is Monday, March 31st. This represents a $3.40 annualized dividend and a dividend yield of 6.90%. TC Energy’s dividend payout ratio is presently 72.53%.

TC Energy Company Profile

(Get Free Report)

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.

Read More

Earnings History and Estimates for TC Energy (NYSE:TRP)

Receive News & Ratings for TC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TC Energy and related companies with MarketBeat.com's FREE daily email newsletter.