US Capital Advisors Predicts Weaker Earnings for TC Energy

TC Energy Co. (NYSE:TRP - Free Report) TSE: TRP - US Capital Advisors reduced their Q2 2025 earnings per share estimates for TC Energy in a research note issued on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $0.62 per share for the quarter, down from their prior estimate of $0.63. US Capital Advisors currently has a "Moderate Buy" rating on the stock. The consensus estimate for TC Energy's current full-year earnings is $2.63 per share. US Capital Advisors also issued estimates for TC Energy's Q3 2025 earnings at $0.63 EPS, FY2025 earnings at $2.61 EPS, Q1 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.63 EPS and FY2026 earnings at $2.69 EPS.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last issued its quarterly earnings results on Thursday, May 1st. The pipeline company reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.04). TC Energy had a net margin of 29.40% and a return on equity of 12.12%. The business had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $2.57 billion. During the same quarter in the prior year, the firm posted $1.02 EPS.

TRP has been the topic of a number of other research reports. Veritas upgraded TC Energy from a "strong sell" rating to a "strong-buy" rating in a report on Tuesday, February 18th. Cibc World Mkts upgraded TC Energy from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Wall Street Zen downgraded TC Energy from a "buy" rating to a "hold" rating in a research note on Thursday, March 6th. CIBC upgraded TC Energy from a "neutral" rating to a "sector outperform" rating in a research note on Friday, May 2nd. Finally, Royal Bank of Canada boosted their target price on TC Energy from $71.00 to $74.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $62.00.

TC Energy Stock Up 1.9%

Shares of TRP stock traded up $0.95 on Wednesday, reaching $50.46. 1,290,935 shares of the company's stock traded hands, compared to its average volume of 2,504,805. TC Energy has a 12-month low of $37.07 and a 12-month high of $51.34. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.23 and a current ratio of 0.55. The company has a market capitalization of $52.46 billion, a P/E ratio of 15.57, a price-to-earnings-growth ratio of 4.34 and a beta of 0.78. The business's 50 day moving average price is $48.70 and its two-hundred day moving average price is $47.58.

TC Energy Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 30th will be given a $0.6142 dividend. The ex-dividend date is Monday, June 30th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.87%. TC Energy's dividend payout ratio is currently 77.89%.

Institutional Trading of TC Energy

Institutional investors and hedge funds have recently made changes to their positions in the stock. Lowe Wealth Advisors LLC acquired a new stake in shares of TC Energy in the first quarter worth about $30,000. SBI Securities Co. Ltd. acquired a new stake in shares of TC Energy in the fourth quarter worth about $31,000. Synergy Investment Management LLC acquired a new stake in shares of TC Energy in the fourth quarter worth about $36,000. Millstone Evans Group LLC acquired a new stake in shares of TC Energy in the fourth quarter worth about $41,000. Finally, TruNorth Capital Management LLC acquired a new stake in shares of TC Energy in the first quarter worth about $45,000. 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.