Zacks Research Forecasts TC Energy's Q2 Earnings (NYSE:TRP)

TC Energy Co. (NYSE:TRP - Free Report) TSE: TRP - Equities research analysts at Zacks Research reduced their Q2 2025 EPS estimates for shares of TC Energy in a research report issued on Wednesday, May 21st. Zacks Research analyst T. Saha now anticipates that the pipeline company will post earnings of $0.52 per share for the quarter, down from their prior estimate of $0.53. The consensus estimate for TC Energy's current full-year earnings is $2.63 per share. Zacks Research also issued estimates for TC Energy's Q3 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $2.44 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.76 EPS and FY2027 earnings at $2.74 EPS.

Several other brokerages have also recently weighed in on TRP. US Capital Advisors raised TC Energy from a "hold" rating to a "moderate buy" rating in a research note on Monday, February 3rd. Royal Bank of Canada boosted their price objective on TC Energy from $71.00 to $74.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. CIBC raised TC Energy from a "neutral" rating to a "sector outperform" rating in a research note on Friday, May 2nd. Cibc World Mkts raised TC Energy from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Finally, Veritas raised TC Energy from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $62.00.

TC Energy Trading Up 0.2%

NYSE TRP traded up $0.12 during trading hours on Monday, hitting $50.01. 671,642 shares of the company were exchanged, compared to its average volume of 2,258,478. The stock has a 50-day moving average price of $48.79 and a 200 day moving average price of $47.60. The company has a quick ratio of 1.23, a current ratio of 0.55 and a debt-to-equity ratio of 1.56. TC Energy has a 52 week low of $33.76 and a 52 week high of $51.34. The stock has a market cap of $52.00 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 4.34 and a beta of 0.78.

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

TC Energy Cuts Dividend

The company also recently declared 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. The ex-dividend date is Monday, June 30th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.91%. TC Energy's payout ratio is 77.89%.

Institutional Trading of TC Energy

A number of large investors have recently modified their holdings of TRP. Barclays PLC boosted its holdings in shares of TC Energy by 19.9% in the third quarter. Barclays PLC now owns 528,528 shares of the pipeline company's stock valued at $25,132,000 after purchasing an additional 87,885 shares during the period. UMB Bank n.a. purchased a new stake in TC Energy during the fourth quarter worth $47,000. SG Americas Securities LLC purchased a new stake in TC Energy during the fourth quarter worth $184,000. Kingswood Wealth Advisors LLC purchased a new stake in TC Energy during the fourth quarter worth $389,000. Finally, Blue Trust Inc. lifted its holdings in TC Energy by 111.1% during the fourth quarter. Blue Trust Inc. now owns 1,347 shares of the pipeline company's stock worth $64,000 after buying an additional 709 shares during the period. Hedge funds and other institutional investors own 83.13% of the company's stock.

About TC Energy

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.