Brokers Set Expectations for TC Energy FY2025 Earnings

Key Points

• TC Energy's earnings per share (EPS) estimate for FY2025 has been increased by Zacks Research from $3.27 to $3.28, while the consensus for the current full-year earnings stands at $3.55 per share.
• The company recently declared a quarterly dividend of $0.85 per share, reflecting an annualized amount of $3.40 and a dividend yield of 4.5%.
• Several analysts have adjusted their price targets for TC Energy, with Barclays increasing it to C$75.00, while Jefferies Financial Group lowered theirs to C$68.00, indicating mixed sentiments among investors.

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Stock analysts at Zacks Research boosted their FY2025 EPS estimates for shares of TC Energy in a research report issued on Monday, October 6th. Zacks Research analyst Team now expects that the company will post earnings of $3.28 per share for the year, up from their previous estimate of $3.27. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy's Q1 2026 earnings at $1.05 EPS, Q4 2026 earnings at $1.10 EPS, FY2026 earnings at $3.46 EPS, Q1 2027 earnings at $1.02 EPS, Q2 2027 earnings at $0.88 EPS and FY2027 earnings at $3.50 EPS.

TRP has been the subject of a number of other reports. Jefferies Financial Group lowered their price target on TC Energy from C$71.00 to C$68.00 in a research note on Wednesday, July 23rd. Barclays upped their target price on shares of TC Energy from C$74.00 to C$75.00 in a research note on Thursday, August 14th. National Bankshares upped their target price on shares of TC Energy from C$75.00 to C$76.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Citigroup set a C$75.00 price objective on shares of TC Energy and gave the company a "neutral" rating in a research report on Friday, September 5th. Finally, US Capital Advisors cut shares of TC Energy from a "moderate buy" rating to a "hold" rating in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of C$74.46.

TC Energy Trading Up 0.4%

TSE TRP opened at C$76.29 on Wednesday. The stock has a 50-day simple moving average of C$71.49 and a 200 day simple moving average of C$68.78. The company has a market capitalization of C$79.31 billion, a PE ratio of 18.70, a P/E/G ratio of 1.69 and a beta of 0.84. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62. TC Energy has a 12 month low of C$60.43 and a 12 month high of C$77.26.

TC Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 29th will be paid a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 4.5%. TC Energy's dividend payout ratio is currently 85.36%.

Insider Activity at TC Energy

In related news, Director Siim A. Vanaselja sold 40,000 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of C$70.07, for a total value of C$2,802,640.00. Following the completion of the transaction, the director owned 12,000 shares of the company's stock, valued at approximately C$840,792. This trade represents a 76.92% decrease in their ownership of the stock. Also, Director Francois Lionel Poirier sold 53,946 shares of the firm's stock in a transaction on Friday, August 15th. The shares were sold at an average price of C$70.49, for a total transaction of C$3,802,669.72. Following the completion of the transaction, the director directly owned 113,550 shares of the company's stock, valued at approximately C$8,004,173.57. This trade represents a 32.21% decrease in their position. 0.03% of the stock is owned by company insiders.

About TC Energy

TC Energy Corp operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Its pipeline network consists of over 92,600 kilometers (57,500 miles) of natural gas pipeline, along with 4,900 kilometers (3,000) miles) from the Keystone Pipeline system.

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