NYSE:TRP

TC Energy Stock Forecast, Price & News

$47.35
+0.35 (+0.74 %)
(As of 04/14/2021 12:00 AM ET)
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Today's Range
$46.98
Now: $47.35
$47.60
50-Day Range
$41.93
MA: $45.84
$47.74
52-Week Range
$38.80
Now: $47.35
$49.95
Volume2.84 million shs
Average Volume2.64 million shs
Market Capitalization$46.32 billion
P/E Ratio13.49
Dividend Yield5.43%
Beta0.71
TC Energy Corporation engages in the provision of energy infrastructure services. It operates through the following business segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, Power and Storage, and Corporate. The Canadian Natural Gas Pipelines segment consists of regulated natural gas pipelines. The U.S. Natural Gas Pipelines segment manages the regulated natural gas pipelines, regulated natural gas storage facilities, midstream, and other assets. The Mexico Natural Gas Pipelines invests on regulated natural gas pipelines in Mexico. The Liquids Pipelines handles investments on crude oil pipeline systems. The Power and Storage segment consists of power generation plants and non-regulated natural gas storage facilities. The company was founded on May 15, 2003 and is headquartered in Calgary, Canada.
TC Energy logo

Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
CUSIPN/A
Phone(403) 920-2000
Employees7,305
Year Founded1951

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.99 billion
Cash Flow$5.60 per share
Book Value$22.83 per share

Profitability

Net Income$3.12 billion

Miscellaneous

Market Cap$46.32 billion
Next Earnings Date5/7/2021 (Estimated)
OptionableOptionable

Headlines

TC Energy Co. (NYSE:TRP) Short Interest Update
March 28, 2021 |  americanbankingnews.com
3 Top Energy Dividend Stocks to Buy in March 2021
March 9, 2021 |  ca.finance.yahoo.com
TC Energy and TC PipeLines, LP complete merger
March 3, 2021 |  finance.yahoo.com
TC PipeLines, LP and TC Energy complete merger
March 3, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.28 out of 5 stars

Oils/Energy Sector

16th out of 668 stocks

Natural Gas Transmission Industry

3rd out of 36 stocks

Analyst Opinion: 4.4Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
$47.35
+0.35 (+0.74 %)
(As of 04/14/2021 12:00 AM ET)
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TC Energy (NYSE:TRP) Frequently Asked Questions

Is TC Energy a buy right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 4 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TC Energy stock.
View analyst ratings for TC Energy
or view top-rated stocks.

What stocks does MarketBeat like better than TC Energy?

Wall Street analysts have given TC Energy a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TC Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting TC Energy?

TC Energy saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 8,790,000 shares, an increase of 61.9% from the March 15th total of 5,430,000 shares. Based on an average daily volume of 2,640,000 shares, the short-interest ratio is presently 3.3 days. Currently, 0.9% of the shares of the company are short sold.
View TC Energy's Short Interest
.

When is TC Energy's next earnings date?

TC Energy is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for TC Energy
.

How were TC Energy's earnings last quarter?

TC Energy Co. (NYSE:TRP) issued its quarterly earnings data on Wednesday, February, 17th. The pipeline company reported $1.15 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.78 by $0.37. The pipeline company had revenue of $2.53 billion for the quarter. TC Energy had a trailing twelve-month return on equity of 13.26% and a net margin of 34.82%.
View TC Energy's earnings history
.

How has TC Energy's stock price been impacted by Coronavirus?

TC Energy's stock was trading at $45.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TRP shares have increased by 3.1% and is now trading at $47.35.
View which stocks have been most impacted by COVID-19
.

How often does TC Energy pay dividends? What is the dividend yield for TC Energy?

TC Energy announced a quarterly dividend on Friday, February 19th. Stockholders of record on Wednesday, March 31st will be given a dividend of $0.6852 per share on Friday, April 30th. This represents a $2.74 annualized dividend and a yield of 5.79%. The ex-dividend date of this dividend is Tuesday, March 30th. This is an increase from TC Energy's previous quarterly dividend of $0.61.
View TC Energy's dividend history
.

Is TC Energy a good dividend stock?

TC Energy pays an annual dividend of $2.54 per share and currently has a dividend yield of 5.43%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. TC Energy does not yet have a strock track record of dividend growth. The dividend payout ratio of TC Energy is 81.41%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TC Energy will have a dividend payout ratio of 80.38% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.
View TC Energy's dividend history.

What price target have analysts set for TRP?

20 Wall Street analysts have issued 1 year price targets for TC Energy's stock. Their forecasts range from $49.00 to $75.00. On average, they anticipate TC Energy's share price to reach $68.00 in the next twelve months. This suggests a possible upside of 43.6% from the stock's current price.
View analysts' price targets for TC Energy
or view top-rated stocks among Wall Street analysts.

Who are TC Energy's key executives?

TC Energy's management team includes the following people:
  • Francois L. Poirier, President, Chief Executive Officer & Director
  • Donald R. Marchand, Chief Financial Officer & Executive VP-Strategy
  • Paul Miller, Executive VP & President-Liquids Pipelines
  • Tracy Robinson, EVP & President-Canadian Natural Gas Pipelines
  • Stanley Graham Chapman, President-US Natural Gas Pipelines & Executive VP

What is Russell K. (Russ) Girling's approval rating as TC Energy's CEO?

221 employees have rated TC Energy CEO Russell K. (Russ) Girling on Glassdoor.com. Russell K. (Russ) Girling has an approval rating of 97% among TC Energy'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 some of TC Energy's key competitors?

What other stocks do shareholders of TC Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TC Energy investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), Enbridge (ENB), Johnson & Johnson (JNJ), International Business Machines (IBM), QUALCOMM (QCOM) and AbbVie (ABBV).

What is TC Energy's stock symbol?

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

Who are TC Energy's major shareholders?

TC Energy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.20%), Nexus Investment Management ULC (0.05%), Chickasaw Capital Management LLC (0.02%), JCIC Asset Management Inc. (0.01%), Weybosset Research & Management LLC (0.00%) and Pacifica Partners Inc. (0.00%).

Which institutional investors are selling TC Energy stock?

TRP stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Rempart Asset Management Inc., Pacer Advisors Inc., HighPoint Advisor Group LLC, and Foundations Investment Advisors LLC.

Which institutional investors are buying TC Energy stock?

TRP stock was acquired by a variety of institutional investors in the last quarter, including Weybosset Research & Management LLC, Cardinal Capital Management Inc., Albert D Mason Inc., Park National Corp OH, Nexus Investment Management ULC, UMA Financial Services Inc., Huntington National Bank, and First Bank & Trust.

How do I buy shares of TC Energy?

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

What is TC Energy's stock price today?

One share of TRP stock can currently be purchased for approximately $47.35.

How much money does TC Energy make?

TC Energy has a market capitalization of $46.32 billion and generates $9.99 billion in revenue each year. The pipeline company earns $3.12 billion in net income (profit) each year or $3.12 on an earnings per share basis.

How many employees does TC Energy have?

TC Energy employs 7,305 workers across the globe.

When was TC Energy founded?

TC Energy was founded in 1951.

What is TC Energy's official website?

The official website for TC Energy is www.transcanada.com.

Where are TC Energy's headquarters?

TC Energy is headquartered at 450 - 1ST STREET S.W., CALGARY A0, T2P 5H1.

How can I contact TC Energy?

TC Energy's mailing address is 450 - 1ST STREET S.W., CALGARY A0, T2P 5H1. The pipeline company can be reached via phone at (403) 920-2000 or via email at [email protected]


This page was last updated on 4/14/2021 by MarketBeat.com Staff
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