Q1 EPS Estimates for TC Energy Cut by US Capital Advisors

TC Energy Co. (NYSE:TRP - Free Report) TSE: TRP - Research analysts at US Capital Advisors dropped their Q1 2025 earnings per share (EPS) estimates for TC Energy in a research report issued on Monday, April 28th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings per share of $0.71 for the quarter, down from their prior forecast of $0.79. US Capital Advisors 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 Q2 2025 earnings at $0.63 EPS, Q4 2025 earnings at $0.67 EPS, FY2025 earnings at $2.66 EPS and FY2026 earnings at $2.71 EPS.

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

A number of other research firms have also weighed in on TRP. Cibc World Mkts raised shares of TC Energy from a "hold" rating to a "strong-buy" rating in a research note on Friday. TD Securities assumed coverage on shares of TC Energy in a research note on Wednesday, January 15th. They set a "buy" rating on the stock. Royal Bank of Canada boosted their price objective on shares of TC Energy from $71.00 to $74.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. StockNews.com cut TC Energy from a "buy" rating to a "hold" rating in a research report on Thursday, March 6th. Finally, Citigroup started coverage on TC Energy in a research report on Friday, April 4th. They issued a "neutral" rating for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $62.00.

TC Energy Stock Up 1.9 %

Shares of TRP traded up $0.94 during midday trading on Thursday, reaching $50.95. 2,091,960 shares of the stock were exchanged, compared to its average volume of 2,546,903. The company has a market capitalization of $52.97 billion, a P/E ratio of 15.73, a PEG ratio of 4.34 and a beta of 0.74. The company has a current ratio of 0.55, a quick ratio of 1.23 and a debt-to-equity ratio of 1.56. TC Energy has a 52 week low of $37.07 and a 52 week high of $51.25. The company's 50 day moving average is $47.57 and its two-hundred day moving average is $47.30.

Institutional Investors Weigh In On TC Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of TC Energy by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 43,687,141 shares of the pipeline company's stock valued at $2,035,952,000 after acquiring an additional 734,678 shares in the last quarter. FIL Ltd increased its stake in TC Energy by 10.3% during the 4th quarter. FIL Ltd now owns 28,443,403 shares of the pipeline company's stock valued at $1,325,558,000 after purchasing an additional 2,644,627 shares in the last quarter. TD Asset Management Inc. increased its stake in TC Energy by 2.1% during the 4th quarter. TD Asset Management Inc. now owns 16,437,150 shares of the pipeline company's stock valued at $765,627,000 after purchasing an additional 344,485 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of TC Energy by 9.5% in the fourth quarter. Canada Pension Plan Investment Board now owns 14,755,330 shares of the pipeline company's stock worth $686,763,000 after buying an additional 1,280,000 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of TC Energy during the fourth quarter worth $428,759,000. 83.13% of the stock is currently owned by hedge funds and other institutional investors.

TC Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be paid a dividend of $0.6142 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $2.46 annualized dividend and a yield of 4.82%. TC Energy's dividend payout ratio (DPR) is 72.84%.

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.