Zacks Research Has Positive Outlook of TC Energy Q4 Earnings

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Zacks Research increased their Q4 2025 earnings per share estimates for TC Energy in a research report issued to clients and investors on Wednesday, May 21st. Zacks Research analyst T. Saha now anticipates that the company will post earnings of $1.18 per share for the quarter, up from their previous estimate of $1.16. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy's Q2 2026 earnings at $0.98 EPS, Q3 2026 earnings at $0.56 EPS and FY2026 earnings at $3.75 EPS.

Several other brokerages have also issued reports on TRP. CIBC raised their price target on shares of TC Energy from C$71.00 to C$76.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Veritas raised TC Energy from a "strong sell" rating to a "strong-buy" rating in a research report on Tuesday, February 18th. US Capital Advisors raised TC Energy from a "hold" rating to a "moderate buy" rating in a research report on Monday, February 3rd. TD Securities increased their price target on TC Energy from C$74.00 to C$76.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Finally, Royal Bank of Canada lifted their price objective on TC Energy from C$71.00 to C$74.00 in a report on Tuesday, February 18th. Six equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$74.17.

TC Energy Stock Performance

TRP stock traded down C$0.12 during mid-day trading on Friday, hitting C$69.09. The company had a trading volume of 673,135 shares, compared to its average volume of 5,820,375. The company has a debt-to-equity ratio of 237.62, a quick ratio of 0.40 and a current ratio of 1.31. The firm has a market cap of C$71.25 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. TC Energy has a 12 month low of C$46.07 and a 12 month high of C$70.97. The stock's fifty day moving average price is C$68.24 and its two-hundred day moving average price is C$67.47.

Insider Buying and Selling

In related news, Senior Officer Dawn Elizabeth De Lima sold 64,802 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of C$69.16, for a total value of C$4,481,913.69. Also, Director Alexandra M. Costello sold 6,159 shares of the business's stock in a transaction that occurred on Monday, May 26th. The shares were sold at an average price of C$69.55, for a total transaction of C$428,378.77. In the last quarter, insiders bought 17,887 shares of company stock worth $1,231,890 and sold 128,938 shares worth $8,943,317. 0.03% of the stock is currently owned by corporate insiders.

TC Energy Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 30th will be paid a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 4.92%. TC Energy's dividend payout ratio (DPR) is currently 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.