Q3 Earnings Forecast for TC Energy Issued By Atb Cap Markets

Key Points

• Analysts at Atb Cap Markets have downgraded their Q3 2025 earnings estimate for TC Energy to $0.55 per share, down from a previous estimate of $0.64.
• TC Energy recently announced a quarterly dividend increase to $0.6148 per share, marking a dividend yield of 4.8%.
• The company's recent quarterly earnings reported a net profit of $0.59 per share, exceeding expectations, but revenue fell short of analyst estimates at $1.82 billion versus $2.56 billion.

TC Energy Corporation (NYSE:TRP - Free Report) TSE: TRP - Analysts at Atb Cap Markets reduced their Q3 2025 earnings per share (EPS) estimates for TC Energy in a report released on Sunday, October 19th. Atb Cap Markets analyst N. Heywood now forecasts that the pipeline company will earn $0.55 per share for the quarter, down from their prior forecast of $0.64. The consensus estimate for TC Energy's current full-year earnings is $2.63 per share. Atb Cap Markets also issued estimates for TC Energy's FY2025 earnings at $2.50 EPS.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last announced its quarterly earnings data on Thursday, July 31st. The pipeline company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.03. TC Energy had a return on equity of 11.22% and a net margin of 28.98%.The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same quarter in the prior year, the company posted $0.79 earnings per share.

Several other analysts have also weighed in on the company. Weiss Ratings reissued a "buy (b-)" rating on shares of TC Energy in a report on Wednesday, October 8th. Scotiabank reiterated an "outperform" rating on shares of TC Energy in a research report on Monday. Wall Street Zen downgraded TC Energy from a "hold" rating to a "sell" rating in a research report on Friday, October 3rd. Barclays restated an "overweight" rating on shares of TC Energy in a report on Tuesday, October 14th. Finally, TD Securities reiterated a "buy" rating on shares of TC Energy in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $72.00.

TC Energy Trading Down 0.3%

Shares of TRP stock opened at $51.39 on Wednesday. The business's fifty day moving average price is $52.33 and its 200 day moving average price is $49.98. TC Energy has a 1-year low of $43.51 and a 1-year high of $55.37. The firm has a market capitalization of $53.46 billion, a PE ratio of 17.54, a P/E/G ratio of 4.85 and a beta of 0.75. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.61 and a quick ratio of 0.54.

TC Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 29th will be given a $0.6148 dividend. This represents a $2.46 annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Monday, September 29th. This is a positive change from TC Energy's previous quarterly dividend of $0.61. TC Energy's payout ratio is 84.30%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in TRP. Hilltop National Bank acquired a new position in shares of TC Energy in the 2nd quarter worth approximately $32,000. Harbor Asset Planning Inc. acquired a new position in shares of TC Energy in the 2nd quarter worth approximately $43,000. TruNorth Capital Management LLC acquired a new position in shares of TC Energy in the 1st quarter worth approximately $45,000. Truvestments Capital LLC acquired a new position in shares of TC Energy in the 1st quarter worth approximately $45,000. Finally, Sagard Holdings Management Inc. acquired a new position in shares of TC Energy in the 2nd quarter worth approximately $46,000. Institutional investors and hedge funds own 83.13% of the company's stock.

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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