National Bank Financial Forecasts TC Energy FY2025 Earnings

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Equities researchers at National Bank Financial reduced their FY2025 earnings estimates for shares of TC Energy in a research note issued on Monday, January 6th. National Bank Financial analyst P. Kenny now expects that the pipeline company will post earnings of $2.83 per share for the year, down from their previous estimate of $2.84. The consensus estimate for TC Energy’s current full-year earnings is $3.00 per share. National Bank Financial also issued estimates for TC Energy’s FY2026 earnings at $2.97 EPS and FY2027 earnings at $3.06 EPS.

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

Several other research firms also recently weighed in on TRP. Veritas upgraded TC Energy to a “strong sell” rating in a research report on Tuesday, October 8th. UBS Group upgraded TC Energy from a “neutral” rating to a “buy” rating in a report on Monday, September 30th. StockNews.com started coverage on shares of TC Energy in a report on Wednesday, December 4th. They set a “hold” rating for the company. BMO Capital Markets raised their price target on shares of TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 20th. Finally, Morgan Stanley upgraded shares of TC Energy from an “underweight” rating to an “overweight” rating in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $55.67.

TC Energy Stock Up 0.0 %

TRP opened at $47.78 on Thursday. The company has a market cap of $49.63 billion, a PE ratio of 13.24, a price-to-earnings-growth ratio of 3.88 and a beta of 0.82. TC Energy has a twelve month low of $31.83 and a twelve month high of $50.37. The company has a 50-day moving average price of $47.72 and a 200 day moving average price of $45.21. The company has a quick ratio of 1.23, a current ratio of 1.31 and a debt-to-equity ratio of 1.78.

TC Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.822 per share. This represents a $3.29 annualized dividend and a dividend yield of 6.88%. The ex-dividend date is Tuesday, December 31st. This is a positive change from TC Energy’s previous quarterly dividend of $0.70. TC Energy’s payout ratio is presently 67.31%.

Institutional Investors Weigh In On TC Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TRP. Fortitude Family Office LLC acquired a new stake in shares of TC Energy during the 3rd quarter worth about $28,000. Blue Trust Inc. increased its position in shares of TC Energy by 72.0% during the third quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 267 shares during the last quarter. Versant Capital Management Inc purchased a new stake in shares of TC Energy in the 4th quarter valued at approximately $33,000. Point72 DIFC Ltd acquired a new position in shares of TC Energy in the 3rd quarter worth approximately $39,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in shares of TC Energy during the 2nd quarter worth approximately $51,000. Hedge funds and other institutional investors 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.