TC Energy Co. (NYSE:TRP – Free Report) (TSE:TRP) – Stock analysts at US Capital Advisors raised their Q1 2025 earnings per share estimates for TC Energy in a report released on Monday, March 24th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $0.79 per share for the quarter, up from their previous estimate of $0.77. US Capital Advisors currently 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:TRP – Get Free Report) (TSE:TRP) last issued its earnings results on Friday, February 14th. The pipeline company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.54. TC Energy had a return on equity of 12.12% and a net margin of 29.40%. The firm had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.42 billion. During the same period last year, the company earned $1.35 earnings per share.
Get Our Latest Stock Analysis on TRP
TC Energy Stock Down 0.8 %
TRP stock opened at $48.89 on Tuesday. The stock has a market cap of $50.80 billion, a PE ratio of 15.09, a price-to-earnings-growth ratio of 4.34 and a beta of 0.83. The firm’s 50-day simple moving average is $46.45 and its 200 day simple moving average is $46.91. TC Energy has a fifty-two week low of $34.95 and a fifty-two week high of $50.37. The company has a quick ratio of 1.23, a current ratio of 0.55 and a debt-to-equity ratio of 1.56.
TC Energy Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a dividend of $0.85 per share. This is a boost from TC Energy’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.40 annualized dividend and a yield of 6.95%. TC Energy’s payout ratio is presently 72.53%.
Hedge Funds Weigh In On TC Energy
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of TC Energy by 23.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 21,066 shares of the pipeline company’s stock valued at $980,000 after buying an additional 4,033 shares during the period. Lansforsakringar Fondforvaltning AB publ acquired a new stake in TC Energy in the 4th quarter valued at about $10,436,000. Value Partners Investments Inc. bought a new position in shares of TC Energy during the 4th quarter valued at about $245,000. Parr Mcknight Wealth Management Group LLC bought a new position in shares of TC Energy during the 4th quarter valued at about $2,510,000. Finally, Public Employees Retirement System of Ohio grew its stake in shares of TC Energy by 343.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 351,705 shares of the pipeline company’s stock worth $16,375,000 after purchasing an additional 272,457 shares during the last quarter. 83.13% of the stock is owned by institutional investors.
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.
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