NYSE:TCP - TC Pipelines Stock Price, Forecast & News

TC Pipelines trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCP."

TC Pipelines declared a quarterly dividend on Wednesday, January 22nd. Investors of record on Friday, January 31st will be paid a dividend of $0.65 per share on Friday, February 14th. This represents a $2.60 annualized dividend and a yield of 6.61%. The ex-dividend date is Thursday, January 30th. View TC Pipelines' Dividend History.

TC Pipelines, LP (NYSE:TCP) issued its earnings results on Thursday, February, 20th. The pipeline company reported $0.95 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.93 by $0.02. The pipeline company had revenue of $104 million for the quarter. TC Pipelines had a net margin of 69.23% and a return on equity of 38.05%. View TC Pipelines' Earnings History.

TC Pipelines is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for TC Pipelines.

6 analysts have issued 12 month price targets for TC Pipelines' shares. Their forecasts range from $38.00 to $48.00. On average, they anticipate TC Pipelines' share price to reach $42.50 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets for TC Pipelines.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Pipelines in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TC Pipelines.

Media stories about TCP stock have trended somewhat negative on Thursday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TC Pipelines earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave news articles about the pipeline company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for TC Pipelines.

TC Pipelines saw a drop in short interest in the month of February. As of February 14th, there was short interest totalling 935,300 shares, a drop of 15.0% from the January 30th total of 1,100,000 shares. Based on an average daily volume of 332,500 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.7% of the company's shares are sold short. View TC Pipelines' Current Options Chain.

Some companies that are related to TC Pipelines include Targa Resources (TRGP), Tallgrass Energy (TGE), Western Midstream Partners (WES), EQM Midstream Partners (EQM), Enable Midstream Partners (ENBL), DCP Midstream (DCP), Antero Midstream (AM), EnLink Midstream (ENLC), Rattler Midstream (RTLR), USA Compression Partners (USAC), CNX Midstream Partners (CNXM), Archrock (AROC), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP).

Based on aggregate information from My MarketBeat watchlists, some companies that other TC Pipelines investors own include CA (CA), Williams Partners (WPZ), BlackRock (BLK), Buckeye Partners (BPL), Endologix (ELGX), Energy Transfer LP Unit (ET), AT&T (T), Chipotle Mexican Grill (CMG), CVR Refining (CVRR) and Verizon Communications (VZ).

TC Pipelines' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (9.07%), Goldman Sachs Group Inc. (3.68%), UBS Group AG (3.15%), Brookfield Public Securities Group LLC (2.30%), Kayne Anderson Capital Advisors LP (2.10%) and Tiedemann Advisors LLC (1.04%).

TCP stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Citigroup Inc., PNC Financial Services Group Inc., Tiedemann Advisors LLC, Alps Advisors Inc., Infrastructure Capital Advisors LLC, Conning Inc. and Spirit of America Management Corp NY.

TCP stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of Montreal Can, Brookfield Public Securities Group LLC, First Trust Advisors LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Bank of America Corp DE, Insight Folios Inc and Kayne Anderson Capital Advisors LP.

Shares of TCP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TCP stock can currently be purchased for approximately $39.32.

TC Pipelines has a market capitalization of $2.80 billion and generates $403 million in revenue each year. The pipeline company earns $280 million in net income (profit) each year or $3.74 on an earnings per share basis. View Additional Information About TC Pipelines.

The official website for TC Pipelines is http://www.tcpipelineslp.com/.

TC Pipelines' mailing address is 700 Louisiana Street Suite 700, Houston TX, 77002. The pipeline company can be reached via phone at 877-290-2772 or via email at [email protected]