US Capital Advisors Expects Reduced Earnings for TC Energy

Key Points

• US Capital Advisors lowered TC Energy’s Q1 2027 EPS estimate to $0.75 from $0.76 and projects full-year 2027 earnings of $2.69 per share. The firm maintains a “Moderate Buy” rating.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $89.00, although Morgan Stanley downgraded the stock to “equal weight.”
• TC Energy reported quarterly EPS of $0.68, beating estimates of $0.61, and declared a quarterly dividend of $0.8775 per share, representing a 5.7% annualized yield.

TC Energy Corporation (NYSE:TRP - Free Report) TSE: TRP - US Capital Advisors dropped their Q1 2027 earnings estimates for shares of TC Energy in a report released on Thursday, August 20th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings per share of $0.75 for the quarter, down from their prior estimate of $0.76. US Capital Advisors has a "Moderate Buy" rating on the stock. The consensus estimate for TC Energy's current full-year earnings is $2.78 per share. US Capital Advisors also issued estimates for TC Energy's Q2 2027 earnings at $0.61 EPS, Q3 2027 earnings at $0.60 EPS, Q4 2027 earnings at $0.72 EPS, FY2027 earnings at $2.69 EPS and FY2028 earnings at $2.81 EPS.

A number of other brokerages also recently weighed in on TRP. Canadian Imperial Bank of Commerce reiterated an "outperform" rating on shares of TC Energy in a report on Tuesday, May 26th. Morgan Stanley cut TC Energy from an "overweight" rating to an "equal weight" rating in a research report on Wednesday, June 10th. Barclays reissued an "overweight" rating on shares of TC Energy in a research report on Thursday, July 16th. Weiss Ratings reissued a "buy (b)" rating on shares of TC Energy in a report on Friday, July 31st. Finally, BMO Capital Markets reiterated an "outperform" rating and issued a $99.00 target price on shares of TC Energy in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $89.00.

TC Energy Stock Performance

Shares of TC Energy stock opened at $62.04 on Monday. The stock has a market cap of $64.64 billion, a PE ratio of 25.74 and a beta of 0.66. The business has a fifty day simple moving average of $66.95 and a 200-day simple moving average of $65.29. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 1.64. TC Energy has a 12 month low of $49.27 and a 12 month high of $71.47.

TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last posted its quarterly earnings data on Thursday, July 30th. The pipeline company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.07. The firm had revenue of $2.80 billion for the quarter, compared to analysts' expectations of $2.76 billion. TC Energy had a net margin of 22.91% and a return on equity of 11.10%. During the same period in the previous year, the company posted $0.82 EPS.

TC Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, September 29th will be issued a dividend of $0.8775 per share. The ex-dividend date is Tuesday, September 29th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.7%. TC Energy's payout ratio is 102.49%.

Institutional Investors Weigh In On TC Energy

Hedge funds have recently modified their holdings of the business. Annis Gardner Whiting Capital Advisors LLC acquired a new position in TC Energy during the 4th quarter valued at $25,000. Sterling Capital Management LLC bought a new position in shares of TC Energy during the 1st quarter worth about $26,000. McIlrath & Eck LLC bought a new position in shares of TC Energy during the 4th quarter worth about $32,000. Trust Co. of Vermont acquired a new position in shares of TC Energy during the second quarter valued at about $33,000. Finally, SWAN Capital LLC acquired a new position in shares of TC Energy during the third quarter valued at about $40,000. 83.13% of the stock is owned by institutional investors.

About TC Energy

TC Energy NYSE: TRP is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent.

The company's principal businesses include long‑distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation.

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