TC Energy (TRP) Projected to Post Quarterly Earnings on Thursday

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP is expected to announce its Q2 2025 earnings results before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $0.58 per share and revenue of $2.56 billion for the quarter.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last released its 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). The firm had revenue of $1.78 billion for the quarter, compared to analyst estimates of $2.57 billion. TC Energy had a net margin of 29.17% and a return on equity of 11.41%. During the same period in the prior year, the company posted $1.02 EPS. On average, analysts expect TC Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

TC Energy Trading Down 0.7%

NYSE:TRP traded down $0.33 on Friday, reaching $47.24. 1,062,272 shares of the stock traded hands, compared to its average volume of 2,450,120. The firm has a market capitalization of $49.13 billion, a price-to-earnings ratio of 15.59, a price-to-earnings-growth ratio of 4.62 and a beta of 0.76. TC Energy has a 1-year low of $37.41 and a 1-year high of $51.99. The company's 50 day moving average is $48.84 and its 200-day moving average is $47.85. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 1.61.

TC Energy Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be issued a $0.6142 dividend. This represents a $2.46 dividend on an annualized basis and a dividend yield of 5.20%. The ex-dividend date is Monday, June 30th. TC Energy's dividend payout ratio is currently 82.51%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC boosted its stake in TC Energy by 54.0% in the 1st quarter. AQR Capital Management LLC now owns 11,099 shares of the pipeline company's stock worth $538,000 after purchasing an additional 3,892 shares during the period. Focus Partners Wealth grew its position in TC Energy by 46.1% during the first quarter. Focus Partners Wealth now owns 12,446 shares of the pipeline company's stock valued at $588,000 after acquiring an additional 3,929 shares during the last quarter. Finally, Intech Investment Management LLC grew its position in TC Energy by 200.7% during the first quarter. Intech Investment Management LLC now owns 26,878 shares of the pipeline company's stock valued at $1,269,000 after acquiring an additional 17,939 shares during the last quarter. Institutional investors own 83.13% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on TRP shares. Citigroup started coverage on TC Energy in a research report on Friday, April 4th. They set a "neutral" rating for the company. Cibc World Mkts raised TC Energy from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 2nd. Finally, CIBC raised TC Energy from a "neutral" rating to a "sector outperform" rating in a report on Friday, May 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, TC Energy presently has an average rating of "Moderate Buy" and an average target price of $62.00.

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.