NYSE:TRP TC Energy (TRP) Stock Price, News & Analysis $41.96 +0.47 (+1.13%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$41.43▼$41.9850-Day Range$37.50▼$41.9652-Week Range$32.51▼$42.04Volume2.83 million shsAverage Volume3.04 million shsMarket Capitalization$41.96 billionP/E Ratio21.63Dividend Yield6.70%Price Target$48.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get TC Energy alerts: Email Address TC Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.45 Rating ScoreUpside/Downside16.4% Upside$48.83 Price TargetShort InterestHealthy4.82% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-7.41Upright™ Environmental ScoreNews Sentiment0.93Based on 30 Articles This WeekInsider TradingN/AProj. Earnings Growth0.99%From $3.03 to $3.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.49 out of 5 starsOils/Energy Sector111th out of 248 stocksNatural Gas Transmission Industry8th out of 18 stocks 2.2 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 6 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageTC Energy has only been the subject of 1 research reports in the past 90 days.Read more about TC Energy's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.82% of the float of TC Energy has been sold short.Short Interest Ratio / Days to CoverTC Energy has a short interest ratio ("days to cover") of 16.4, which indicates bearish sentiment.Change versus previous monthShort interest in TC Energy has recently decreased by 35.55%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipTC Energy is a leading dividend payer. It pays a dividend yield of 6.78%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTC Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TC Energy is 144.85%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, TC Energy will have a dividend payout ratio of 91.83% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.Read more about TC Energy's dividend. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTC Energy has received a -61.23% net impact score from Upright. The largest negative impact of TC Energy in category "GHG emissions" seems to be driven mostly by its "Natural gas pipes", "LNG terminals", "Natural gas distribution services", and "Oil distribution services" products. See details.Environmental SustainabilityThe Environmental Impact score for TC Energy is -7.41. Previous Next 3.3 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 30 news articles for TC Energy this week, compared to 7 articles on an average week.Search InterestOnly 27 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat Follows6 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have not sold or bought any company stock.Percentage Held by Institutions83.13% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about TC Energy's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for TC Energy are expected to grow by 0.99% in the coming year, from $3.03 to $3.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 21.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 21.63, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.53.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 3.41. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTC Energy has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about TC Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… About TC Energy Stock (NYSE:TRP)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. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.Read More TRP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRP Stock News HeadlinesJuly 26 at 8:22 AM | americanbankingnews.comQ2 2024 EPS Estimates for TC Energy Co. Lowered by Analyst (NYSE:TRP)July 26 at 8:22 AM | americanbankingnews.comBrokers Offer Predictions for TC Energy Co.'s Q2 2024 Earnings (NYSE:TRP)July 26, 2024 | Traders Agency (Ad)5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.July 26 at 1:19 AM | americanbankingnews.comTC Energy Co. Expected to Earn Q2 2024 Earnings of $0.61 Per Share (NYSE:TRP)July 25 at 2:52 AM | americanbankingnews.comTC Energy (TRP) to Release Quarterly Earnings on ThursdayJuly 25 at 1:39 AM | americanbankingnews.comTraders Buy High Volume of Put Options on TC Energy (NYSE:TRP)July 24 at 2:13 PM | benzinga.comTC Energy Nears Stake Sale In NGTL Pipeline To Indigenous Groups: ReportJuly 24 at 8:45 AM | americanbankingnews.comBrokers Offer Predictions for TC Energy Co.'s FY2024 Earnings (NYSE:TRP)July 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 23 at 11:09 PM | msn.comTC Energy Stock Is Starting to Get Ridiculously OversoldJuly 23 at 6:08 PM | ca.finance.yahoo.comShould You Buy Fortis or TC Energy Today?July 22, 2024 | americanbankingnews.comTC Energy Co. (NYSE:TRP) Receives Average Recommendation of "Hold" from AnalystsJuly 19, 2024 | msn.comIs TC Energy Stock the Best High-Yield Dividend for You?July 19, 2024 | msn.comTC Energy boosted at Barclays as 'uniquely positioned for evolving energy landscape'July 17, 2024 | americanbankingnews.comTC Energy (NYSE:TRP) Upgraded at BarclaysJuly 11, 2024 | globenewswire.comTC Energy to issue second quarter 2024 results on Aug. 1July 7, 2024 | seekingalpha.comTC Energy Vs. MPLX: Only One Is A Strong BuyJuly 2, 2024 | seekingalpha.comTC Energy: The Issue With Leverage Makes This A Suboptimal ChoiceSee More Headlines Receive TRP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TC Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/30 Dividend3/27/2024Dividend Payable4/30/2024Last Earnings5/03/2024Ex-Dividend for 7/31 Dividend6/28/2024Today7/26/2024Dividend Payable7/31/2024Next Earnings (Confirmed)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNYSE:TRP CUSIPN/A CIK1232384 Webwww.transcanada.com Phone(403) 920-2000Fax1403-920-2200Employees7,415Year Founded1951Price Target and Rating Average Stock Price Target$48.83 High Stock Price Target$55.00 Low Stock Price Target$32.00 Potential Upside/Downside+16.8%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.94 Trailing P/E Ratio21.56 Forward P/E Ratio13.80 P/E Growth3.41Net Income$2.16 billion Net Margins17.23% Pretax Margin24.70% Return on Equity17.94% Return on Assets3.88% Debt Debt-to-Equity Ratio1.64 Current Ratio0.94 Quick Ratio0.85 Sales & Book Value Annual Sales$11.80 billion Price / Sales3.54 Cash Flow$5.63 per share Price / Cash Flow7.43 Book Value$27.05 per share Price / Book1.55Miscellaneous Outstanding Shares1,000,000,000Free FloatN/AMarket Cap$41.82 billion OptionableOptionable Beta0.79 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 58)CEO, President & Director Comp: $2.44MMr. Joel E. Hunter (Age 57)Executive VP & CFO Comp: $945.93kMs. Annesley C. WallaceExecutive VP of Strategy, Corporate Development and President of Power & Energy SolutionsMr. Stanley Graham Chapman III (Age 58)Executive VP & COO of Natural Gas Pipelines Comp: $1.81MMr. Bevin Mark Wirzba M.B.A.P.Eng., Executive VP & President of Liquids PipelinesGavin WylieVice-President of Investor RelationsMr. Patrick M. KeysExecutive VP, General Counsel and Chief Compliance & Sustainability OfficerMr. Richard J. PriorPresident of Liquids Pipelines.Ms. Dawn E. de LimaExecutive Vice-President of Corporate ServicesMr. Patrick C. MuttartSenior Vice President of External RelationsMore ExecutivesKey CompetitorsEnterprise Products PartnersNYSE:EPDEnergy TransferNYSE:ETWilliams CompaniesNYSE:WMBNational GridNYSE:NGGKinder MorganNYSE:KMIView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpSold 25,217 shares on 7/26/2024Ownership: 0.086%Allspring Global Investments Holdings LLCSold 19,913 shares on 7/26/2024Ownership: 0.027%Cohen Investment Advisors LLCBought 858 shares on 7/26/2024Ownership: 0.001%Signature Estate & Investment Advisors LLCBought 8,670 shares on 7/26/2024Ownership: 0.001%Atomi Financial Group Inc.Bought 1,697 shares on 7/26/2024Ownership: 0.001%View All Institutional Transactions Should I Buy TC Energy Stock? TRP Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in TC Energy Co.: TC Energy has shown resilience in its stock price, currently trading at $38.95, with a 1-year high of $41.50, indicating stability in value. Positive institutional inflows from large investors like Mitsubishi UFJ Trust & Banking Corp and Citigroup Inc. demonstrate confidence in the company's growth potential. Wall Street analysts have given TC Energy a favorable average rating of "Hold" with a target price of $48.83, suggesting room for stock price appreciation. Recent large options trading activity on TC Energy indicates heightened investor interest and potential for significant market moves. TC Energy's strong market cap of $38.95 billion and low beta of 0.79 make it a stable investment option in the energy sector. Cons Investors should be bearish about investing in TC Energy Co. for these reasons: TC Energy's stock performance has been fluctuating, with a 1-year low of $32.51, indicating potential volatility in the stock price. Van ECK Associates Corp recently reduced its position in TC Energy by 7.7%, signaling a lack of confidence from some institutional investors. While some analysts have given TC Energy a positive rating, there is still a sell rating on the stock, suggesting differing opinions on its future performance. TC Energy's debt-to-equity ratio of 1.64 may pose a risk in times of economic uncertainty or rising interest rates, impacting the company's financial health. The company's current ratio of 0.94 and quick ratio of 0.85 indicate potential liquidity challenges in meeting short-term obligations. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these TC Energy pros and cons to contact@marketbeat.com. TRP Stock Analysis - Frequently Asked Questions How have TRP shares performed this year? TC Energy's stock was trading at $39.09 at the start of the year. Since then, TRP stock has increased by 7.3% and is now trading at $41.96. View the best growth stocks for 2024 here. How were TC Energy's earnings last quarter? TC Energy Co. (NYSE:TRP) posted its quarterly earnings data on Friday, May, 3rd. The pipeline company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.83 by $0.09. The pipeline company earned $3.15 billion during the quarter, compared to the consensus estimate of $3.12 billion. TC Energy had a trailing twelve-month return on equity of 17.94% and a net margin of 17.23%. What is Russell K. (Russ) Girling's approval rating as TC Energy's CEO? 221 employees have rated TC Energy Chief Executive Officer Russell K. (Russ) Girling on Glassdoor.com. Russell K. (Russ) Girling has an approval rating of 97% among the company's employees. This puts Russell K. (Russ) Girling in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are TC Energy's major shareholders? Top institutional shareholders of TC Energy include Cardinal Capital Management Inc. (0.51%), M&G Plc (0.27%), Raymond James & Associates (0.17%) and Addenda Capital Inc. (0.11%). How do I buy shares of TC Energy? Shares of TRP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of TC Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that TC Energy investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), Enbridge (ENB) and Johnson & Johnson (JNJ). This page (NYSE:TRP) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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