TC Energy Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TC Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRP, but not buy additional shares or sell existing shares.
View analyst ratings for TC Energy or view top-rated stocks.

12 Wall Street analysts have issued 1 year target prices for TC Energy's stock. Their TRP stock forecasts range from $45.00 to $78.00. On average, they expect TC Energy's stock price to reach $68.00 in the next year. This suggests a possible upside of 29.3% from the stock's current price.
View analysts' price targets for TC Energy or view top-rated stocks among Wall Street analysts.

TC Energy's stock was trading at $46.54 on January 1st, 2022. Since then, TRP stock has increased by 13.0% and is now trading at $52.61.
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TC Energy saw a increase in short interest in June. As of June 15th, there was short interest totaling 27,170,000 shares, an increase of 119.3% from the May 31st total of 12,390,000 shares. Based on an average trading volume of 1,700,000 shares, the days-to-cover ratio is currently 16.0 days. Approximately 2.8% of the company's stock are short sold.
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TC Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for TC Energy.

TC Energy Co. (NYSE:TRP) announced its quarterly earnings results on Friday, April, 29th. The pipeline company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by $0.01. The pipeline company had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.60 billion. TC Energy had a trailing twelve-month return on equity of 14.61% and a net margin of 24.96%. The business's quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the company posted $0.89 earnings per share.
View TC Energy's earnings history.

TC Energy declared a quarterly dividend on Friday, April 29th. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.72 per share on Friday, July 29th. This represents a $2.88 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date is Wednesday, June 29th. This is an increase from TC Energy's previous quarterly dividend of $0.71.
View TC Energy's dividend history.

TC Energy(NYSE:TRP) pays an annual dividend of $2.80 per share and currently has a dividend yield of 5.32%. 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 strong track record of dividend growth. The dividend payout ratio of TC Energy is 106.46%. 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 79.77% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.
View TC Energy's dividend history.

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.

Some companies that are related to TC Energy include Enterprise Products Partners (EPD), National Grid (NGG), Kinder Morgan (KMI), Williams Companies (WMB), Energy Transfer (ET), Targa Resources (TRGP), Western Midstream Partners (WES), DCP Midstream (DCP), DT Midstream (DTM), Kinetik (KNTK), Antero Midstream (AM), EnLink Midstream (ENLC), Equitrans Midstream (ETRN), Rattler Midstream (RTLR) and USA Compression Partners (USAC).
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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).

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

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.
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One share of TRP stock can currently be purchased for approximately $52.61.

TC Energy (NYSE:TRP) has a market capitalization of $51.74 billion and generates $10.68 billion in revenue each year. The pipeline company earns $1.56 billion in net income (profit) each year or $2.629990 on an earnings per share basis.

TC Energy employs 7,017 workers across the globe.

TC Energy was founded in 1951.

TC Energy's mailing address is 450 - 1ST STREET S.W., CALGARY A0, T2P 5H1. The official website for TC Energy is www.transcanada.com. The pipeline company can be reached via phone at (403) 920-2000, via email at investor_relations@transcanada.com, or via fax at 1403-920-2200.