Research Analysts Issue Forecasts for TC Energy Q2 Earnings

Key Points

• US Capital Advisors has decreased its Q2 2025 earnings estimate for TC Energy from $0.86 to $0.71 per share, amidst overall lower forecasts for FY2025 and FY2026.
• Despite the lowered earnings outlook, several analysts have maintained or upgraded their ratings for TC Energy, with Cibc World Mkts raising its price target to C$76.00 and maintaining a "strong-buy" rating.
• TC Energy recently announced a quarterly dividend of $0.85 per share, resulting in a dividend yield of 5.28%, while insider sales have raised concerns about investor confidence.

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Stock analysts at US Capital Advisors lowered their Q2 2025 earnings estimates for TC Energy in a research report issued on Monday, July 28th. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings of $0.71 per share for the quarter, down from their prior forecast of $0.86. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share. US Capital Advisors also issued estimates for TC Energy's Q3 2025 earnings at $0.76 EPS, FY2025 earnings at $3.24 EPS, Q1 2026 earnings at $0.99 EPS, Q2 2026 earnings at $0.77 EPS, Q3 2026 earnings at $0.81 EPS, Q4 2026 earnings at $0.90 EPS and FY2026 earnings at $3.47 EPS.

Other analysts also recently issued research reports about the company. Cibc World Mkts upgraded TC Energy from a "hold" rating to a "strong-buy" rating in a report on Friday, May 2nd. CIBC upped their target price on TC Energy from C$71.00 to C$76.00 and gave the company an "outperform" rating in a report on Friday, May 2nd. Jefferies Financial Group dropped their target price on TC Energy from C$71.00 to C$68.00 in a report on Wednesday, July 23rd. Citigroup upgraded TC Energy to a "hold" rating in a report on Friday, April 4th. Finally, TD Securities upped their target price on TC Energy from C$74.00 to C$76.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Six investment analysts have rated the stock with a hold rating, six have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$73.92.

TC Energy Price Performance

TRP stock traded up C$0.40 during trading on Tuesday, hitting C$64.74. The company had a trading volume of 4,081,816 shares, compared to its average volume of 6,522,971. The firm has a market capitalization of C$66.76 billion, a price-to-earnings ratio of 12.88, a P/E/G ratio of 1.69 and a beta of 0.82. The business has a 50 day moving average of C$66.66 and a 200 day moving average of C$67.05. TC Energy has a fifty-two week low of C$52.60 and a fifty-two week high of C$71.12. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62.

Insider Activity

In related news, Director Russell Mahan sold 16,990 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of C$69.37, for a total value of C$1,178,548.73. Also, Director Susanne Beaton sold 8,020 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of C$70.00, for a total value of C$561,400.00. In the last three months, insiders have sold 45,070 shares of company stock worth $3,141,916. Company insiders own 0.03% of the company's stock.

TC Energy Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, June 30th will be paid a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 5.25%. TC Energy's payout ratio is 76.37%.

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.