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. Shareholders of record on Friday, January 31st will be given a dividend of $0.65 per share on Friday, February 14th. This represents a $2.60 annualized dividend and a dividend yield of 6.31%. The ex-dividend date of this dividend is Thursday, January 30th. View TC Pipelines' Dividend History.

TC Pipelines, LP (NYSE:TCP) announced its quarterly earnings results on Thursday, November, 7th. The pipeline company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.03. The pipeline company earned $93 million during the quarter. TC Pipelines had a positive return on equity of 40.25% and a negative net margin of 40.46%. View TC Pipelines' Earnings History.

TC Pipelines is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for TC Pipelines.

TC Pipelines will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 analysts have issued 1 year target prices 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 3.2% 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 headlines about TCP stock have been trending somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. TC Pipelines earned a news sentiment score of 1.8 on InfoTrie's scale. They also gave news articles about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for TC Pipelines.

TC Pipelines saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,090,000 shares, a decrease of 18.7% from the December 31st total of 1,340,000 shares. Based on an average daily volume of 338,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.0% of the shares of the company are sold short. View TC Pipelines' Current Options Chain.

Some companies that are related to TC Pipelines include Tallgrass Energy (TGE), EQM Midstream Partners (EQM), Enable Midstream Partners (ENBL), DCP Midstream (DCP), Rattler Midstream (RTLR), EnLink Midstream (ENLC), Antero Midstream (AM), Archrock (AROC), CNX Midstream Partners (CNXM), 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 institutional and retail investors. Top institutional shareholders 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 $41.18.

TC Pipelines has a market capitalization of $2.94 billion and generates $549 million in revenue each year. The pipeline company earns $-182,000,000.00 in net income (profit) each year or $4.18 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 Suite700, Houston TX, 77002. The pipeline company can be reached via phone at 877-290-2772 or via email at [email protected]