TC Energy FY2025 EPS Reduced by National Bank Financial

TC Energy Co. (NYSE:TRP) (TSE:TRP) – National Bank Financial cut their FY2025 earnings per share (EPS) estimates for TC Energy in a research note issued to investors on Monday, February 17th. National Bank Financial analyst P. Kenny now expects that the pipeline company will earn $2.80 per share for the year, down from their prior estimate of $2.83. The consensus estimate for TC Energy’s current full-year earnings is $2.64 per share. National Bank Financial also issued estimates for TC Energy’s FY2026 earnings at $2.95 EPS.

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

TRP has been the topic of several other research reports. StockNews.com raised TC Energy from a “hold” rating to a “buy” rating in a research note on Wednesday. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. BMO Capital Markets raised their price objective on TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 20th. TD Securities assumed coverage on TC Energy in a research report on Wednesday, January 15th. They set a “buy” rating for the company. Finally, Morgan Stanley upgraded TC Energy from an “underweight” rating to an “overweight” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $62.00.

TC Energy Stock Down 1.1 %

NYSE TRP opened at $45.89 on Wednesday. The stock’s 50-day moving average price is $46.53 and its 200-day moving average price is $46.62. 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 has a 52 week low of $31.83 and a 52 week high of $50.37. The company has a market capitalization of $47.68 billion, a P/E ratio of 14.16, a price-to-earnings-growth ratio of 4.35 and a beta of 0.81.

Hedge Funds Weigh In On TC Energy

Several institutional investors have recently added to or reduced their stakes in the company. NTV Asset Management LLC grew its holdings in TC Energy by 4.0% during the 4th quarter. NTV Asset Management LLC now owns 6,189 shares of the pipeline company’s stock valued at $288,000 after buying an additional 239 shares in the last quarter. Captrust Financial Advisors grew its holdings in TC Energy by 1.3% during the 3rd quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock valued at $871,000 after buying an additional 242 shares in the last quarter. Lee Financial Co grew its holdings in TC Energy by 3.1% during the 4th quarter. Lee Financial Co now owns 8,185 shares of the pipeline company’s stock valued at $381,000 after buying an additional 246 shares in the last quarter. IFP Advisors Inc grew its holdings in TC Energy by 7.0% during the 4th quarter. IFP Advisors Inc now owns 3,809 shares of the pipeline company’s stock valued at $177,000 after buying an additional 249 shares in the last quarter. Finally, Prospera Financial Services Inc grew its holdings in 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 buying an additional 262 shares in the last quarter. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 7.41%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from TC Energy’s previous quarterly dividend of $0.82. TC Energy’s dividend payout ratio (DPR) is currently 70.68%.

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.