TC Energy FY2025 EPS Lowered by National Bank Financial

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Equities researchers at National Bank Financial reduced their FY2025 earnings estimates for TC Energy in a research report issued on Monday, January 6th. National Bank Financial analyst P. Kenny now expects that the pipeline company will earn $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.

A number of other research analysts have also recently commented on the stock. UBS Group raised shares of TC Energy from a “neutral” rating to a “buy” rating in a research report on Monday, September 30th. StockNews.com began coverage on TC Energy in a report on Wednesday, December 4th. They issued a “hold” rating for the company. Veritas raised shares of TC Energy to a “strong sell” rating in a report on Tuesday, October 8th. BMO Capital Markets boosted their price target on shares of TC Energy from $66.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised TC Energy from a “neutral” rating to an “overweight” rating in a research note on Monday, October 14th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $55.67.

TC Energy Trading Up 0.0 %

Shares of TRP opened at $47.78 on Thursday. The stock has a market cap of $49.63 billion, a PE ratio of 13.24, a P/E/G ratio of 3.88 and a beta of 0.82. TC Energy has a 12 month low of $31.83 and a 12 month high of $50.37. The stock’s 50-day moving average is $47.75 and its two-hundred day moving average is $45.23. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.31 and a quick ratio of 1.23.

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

TC Energy Increases Dividend

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

Hedge Funds Weigh In On TC Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its stake in shares of TC Energy by 1.3% in the third quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock worth $871,000 after acquiring an additional 242 shares during the last quarter. Prospera Financial Services Inc lifted its holdings in shares of TC Energy by 4.8% during the third quarter. Prospera Financial Services Inc now owns 5,754 shares of the pipeline company’s stock worth $274,000 after buying an additional 262 shares during the last quarter. First Horizon Advisors Inc. raised its stake in TC Energy by 8.1% during the 3rd quarter. First Horizon Advisors Inc. now owns 3,505 shares of the pipeline company’s stock valued at $167,000 after purchasing an additional 264 shares during the last quarter. Blue Trust Inc. lifted its stake 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 valued at $30,000 after buying an additional 267 shares during the period. Finally, Mesirow Financial Investment Management Inc. lifted its position in shares of TC Energy by 4.5% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 9,175 shares of the pipeline company’s stock worth $436,000 after acquiring an additional 393 shares during the period. Institutional investors and hedge funds own 83.13% of the company’s stock.

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.