Q3 Earnings Forecast for TC Energy Issued By Zacks Research

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Equities research analysts at Zacks Research lowered their Q3 2025 EPS estimates for TC Energy in a research report issued to clients and investors on Friday, January 10th. Zacks Research analyst T. Saha now expects that the pipeline company will earn $0.57 per share for the quarter, down from their previous estimate of $0.59. The consensus estimate for TC Energy’s current full-year earnings is $3.00 per share.

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

TC Energy Stock Down 2.3 %

TRP stock opened at $46.71 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.23 and a debt-to-equity ratio of 1.78. The company’s 50-day moving average price is $47.76 and its 200 day moving average price is $45.37. TC Energy has a 52 week low of $31.83 and a 52 week high of $50.37. The company has a market cap of $48.52 billion, a P/E ratio of 12.94, a P/E/G ratio of 3.88 and a beta of 0.82.

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

TC Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a $0.822 dividend. This is a boost from TC Energy’s previous quarterly dividend of $0.70. This represents a $3.29 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date is Tuesday, December 31st. TC Energy’s dividend payout ratio is presently 67.31%.

Institutional Investors Weigh In On TC Energy

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fortitude Family Office LLC acquired a new position in TC Energy in the third quarter worth about $28,000. Blue Trust Inc. grew its position in shares of TC Energy by 72.0% in the 3rd quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock worth $30,000 after acquiring an additional 267 shares in the last quarter. Versant Capital Management Inc bought a new stake in shares of TC Energy in the 4th quarter valued at approximately $33,000. Point72 DIFC Ltd acquired a new stake in shares of TC Energy during the 3rd quarter valued at approximately $39,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in TC Energy during the second quarter worth $51,000. 83.13% of the stock is currently owned by hedge funds and other institutional investors.

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.