Q4 Earnings Estimate for TC Energy Issued By Zacks Research

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Research analysts at Zacks Research reduced their Q4 2025 earnings per share estimates for shares of TC Energy in a report released on Thursday, March 6th. Zacks Research analyst T. Saha now anticipates that the pipeline company will post earnings per share of $0.73 for the quarter, down from their prior forecast of $0.74. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for TC Energy’s Q2 2026 earnings at $0.65 EPS.

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

A number of other equities research analysts also recently issued reports on the company. BMO Capital Markets upped their price objective on TC Energy from $66.00 to $70.00 and gave the company a “market perform” rating in a research report on Wednesday, November 20th. StockNews.com cut TC Energy from a “buy” rating to a “hold” rating in a research note on Thursday. Veritas raised TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada increased their price objective on TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.00.

TC Energy Price Performance

NYSE:TRP opened at $45.86 on Monday. The company has a current ratio of 0.55, a quick ratio of 1.23 and a debt-to-equity ratio of 1.56. The company has a market capitalization of $47.66 billion, a P/E ratio of 14.15, a P/E/G ratio of 4.34 and a beta of 0.83. TC Energy has a 12 month low of $31.83 and a 12 month high of $50.37. The business’s 50-day moving average is $46.28 and its 200 day moving average is $46.75.

Institutional Trading of TC Energy

Several hedge funds and other institutional investors have recently made changes to their positions in TRP. SBI Securities Co. Ltd. purchased a new position in TC Energy in the 4th quarter worth $31,000. Versant Capital Management Inc purchased a new position in TC Energy in the 4th quarter worth $33,000. Synergy Investment Management LLC purchased a new position in TC Energy in the 4th quarter worth $36,000. Point72 DIFC Ltd purchased a new position in TC Energy in the 3rd quarter worth $39,000. Finally, Millstone Evans Group LLC purchased a new position in TC Energy in the 4th quarter worth $41,000. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 7.41%. The ex-dividend date 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 72.53%.

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.