What is Atb Cap Markets' Forecast for TC Energy Q2 Earnings?

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Analysts at Atb Cap Markets reduced their Q2 2025 EPS estimates for shares of TC Energy in a research report issued to clients and investors on Thursday, May 1st. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings of $0.68 per share for the quarter, down from their previous forecast of $0.76. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share. Atb Cap Markets also issued estimates for TC Energy's Q3 2025 earnings at $0.78 EPS, Q4 2025 earnings at $0.90 EPS, Q1 2026 earnings at $1.10 EPS, Q2 2026 earnings at $0.69 EPS, Q3 2026 earnings at $0.76 EPS and Q4 2026 earnings at $1.00 EPS.

TRP has been the topic of several other research reports. Cibc World Mkts upgraded TC Energy from a "hold" rating to a "strong-buy" rating in a report on Friday, May 2nd. TD Securities upped their price objective on TC Energy from C$74.00 to C$76.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Jefferies Financial Group lifted their target price on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Scotiabank upped their price target on TC Energy from C$75.00 to C$77.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Finally, CIBC lifted their price objective on TC Energy from C$71.00 to C$76.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Six research analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$74.17.

TC Energy Price Performance

Shares of TSE TRP traded up C$0.42 on Monday, hitting C$68.72. The company's stock had a trading volume of 198,041 shares, compared to its average volume of 6,341,540. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40. The stock has a 50 day moving average of C$67.80 and a 200-day moving average of C$67.14. The company has a market capitalization of C$70.87 billion, a price-to-earnings ratio of 13.67, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. TC Energy has a 12-month low of C$46.07 and a 12-month high of C$70.97.

Insiders Place Their Bets

In other news, Director Susanne Beaton sold 8,020 shares of the business's stock in a transaction on Monday, May 5th. The stock was sold at an average price of C$70.00, for a total value of C$561,400.00. Also, Director Francois Lionel Poirier bought 4,800 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were purchased at an average cost of C$65.05 per share, with a total value of C$312,239.52. In the last quarter, insiders acquired 13,287 shares of company stock worth $842,568 and sold 170,987 shares worth $11,550,459. 0.03% of the stock is currently owned by insiders.

TC Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be given a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 4.95%. TC Energy's dividend payout ratio is presently 76.37%.

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.