Research Analysts Issue Forecasts for TC Energy Q2 Earnings

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Research analysts at Zacks Research decreased their Q2 2025 earnings per share (EPS) estimates for shares of TC Energy in a report issued on Wednesday, May 21st. Zacks Research analyst T. Saha now expects that the company will post earnings of $0.74 per share for the quarter, down from their previous estimate of $0.76. 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 Q3 2025 earnings at $0.40 EPS, FY2025 earnings at $3.27 EPS, Q1 2026 earnings at $1.03 EPS, Q4 2026 earnings at $1.18 EPS, Q1 2027 earnings at $1.05 EPS and FY2027 earnings at $3.67 EPS.

Several other brokerages have also recently commented on TRP. Veritas raised TC Energy from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. Citigroup raised TC Energy to a "hold" rating in a research report on Friday, April 4th. Cibc World Mkts upgraded TC Energy from a "hold" rating to a "strong-buy" rating in a report on Friday, May 2nd. Royal Bank of Canada boosted their price objective on shares of TC Energy from C$71.00 to C$74.00 in a research note on Tuesday, February 18th. Finally, Scotiabank raised their target price on shares of TC Energy from C$75.00 to C$77.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Six equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$74.17.

TC Energy Stock Down 0.2%

Shares of TSE TRP traded down C$0.12 during trading hours on Monday, hitting C$69.21. The stock had a trading volume of 1,705,139 shares, compared to its average volume of 5,871,918. The company has a market capitalization of C$71.37 billion, a P/E ratio of 13.76, a P/E/G ratio of 1.69 and a beta of 0.82. The firm's 50-day moving average price is C$68.27 and its two-hundred day moving average price is C$67.45. TC Energy has a 52 week low of C$46.07 and a 52 week high of C$70.97. The company has a debt-to-equity ratio of 237.62, a quick ratio of 0.40 and a current ratio of 1.31.

Insider Activity

In related news, Director Gregory Romero purchased 1,600 shares of the stock in a transaction on Wednesday, February 26th. The shares were purchased at an average cost of C$43.95 per share, for a total transaction of C$70,319.84. Also, Director Joshua Gibbon purchased 600 shares of the stock in a transaction on Wednesday, March 19th. The stock was bought at an average price of C$69.15 per share, for a total transaction of C$41,492.88. In the last three months, insiders have acquired 19,487 shares of company stock worth $1,302,210 and have sold 179,623 shares worth $12,150,233. 0.03% of the stock is owned by company insiders.

TC Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, June 30th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 4.91%. TC Energy's dividend payout ratio (DPR) is currently 76.37%.

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.