Lowest-Rated Stocks NYSE:TRP TC Energy - TRP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TC Energy Co. Please log in to your account or sign up in order to add this asset to your watchlist. $38.37 +0.49 (+1.29%) (As of 03/27/2023 03:40 PM ET) Add Compare Share Share Today's Range$37.89▼$38.5750-Day Range$37.18▼$43.5152-Week Range$36.79▼$59.38Volume2.15 million shsAverage Volume1.90 million shsMarket Capitalization$39.24 billionP/E Ratio66.16Dividend Yield6.93%Price Target$64.86 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability TC Energy MarketRank™ ForecastAnalyst RatingHold2.13 Rating ScoreUpside/Downside68.8% Upside$64.86 Price TargetShort InterestBearish4.60% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-7.41Upright™ Environmental ScoreNews Sentiment1.00Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth-5.36%From $3.17 to $3.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.83 out of 5 starsOils/Energy Sector188th out of 242 stocksNatural Gas Transmission Industry13th out of 19 stocks 3.1 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 4 buy ratings, 1 hold rating, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $64.86, TC Energy has a forecasted upside of 68.8% from its current price of $38.42.Amount of Analyst CoverageTC Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted4.60% 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 22.4, which indicates bearish sentiment.Change versus previous monthShort interest in TC Energy has recently increased by 124.87%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipTC Energy is a leading dividend payer. It pays a dividend yield of 7.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTC Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of TC Energy is 458.62%. 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 88.67% in the coming year. This indicates that TC Energy may not be able to sustain their current 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 2.8 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 1.00. 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 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for TC Energy this week, compared to 4 articles on an average week.Search InterestOnly 67 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% 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 Institutions71.86% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TC Energy are expected to decrease by -5.36% in the coming year, from $3.17 to $3.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 66.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.30.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 66.24, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 59.39.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 2.98. 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 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TC Energy (NYSE:TRP) StockTC 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 Energy Solutions, 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 Energy Solutions segment consists of power generation plants and non-regulated natural gas storage facilities. The company was founded in 1951 and is headquartered in Calgary, Canada.Read More 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 TRP Stock News HeadlinesMarch 24, 2023 | americanbankingnews.comTC Energy Sees Unusually Large Options Volume (NYSE:TRP)March 23, 2023 | markets.businessinsider.comTSX Ends Weak As Energy, Financials Stocks Post LossesMarch 27, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 20, 2023 | americanbankingnews.comTC Energy (NYSE:TRP) Research Coverage Started at StockNews.comMarch 19, 2023 | finance.yahoo.comOptimism around TC Energy (TSE:TRP) delivering new earnings growth may be shrinking as stock declines 5.1% this past weekMarch 16, 2023 | marketwatch.comTC Energy Corp. stock remains steady Thursday, underperforms marketMarch 16, 2023 | finance.yahoo.comRepsol Scraps Bid to Ship Canadian Gas to Europe, Citing CostsMarch 9, 2023 | msn.comCERAWEEK-Keystone pipeline oil flows won't change after US order to cut pressure, CEO saysMarch 27, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 3, 2023 | theglobeandmail.comTC Energy is down, but the dividend giant is far from outFebruary 18, 2023 | nasdaq.comApril 21st Options Now Available For TC EnergyFebruary 17, 2023 | finance.yahoo.comTC Energy (TSE:TRP) Is Paying Out A Larger Dividend Than Last YearFebruary 12, 2023 | finance.yahoo.comTC Energy Corporation (TSE:TRP) insiders placed bullish bets worth CA$5.0m in the last 12 monthsFebruary 12, 2023 | finance.yahoo.com15 Largest Pipeline Companies in the WorldFebruary 11, 2023 | theglobeandmail.comCleanup, remediation of Keystone pipeline leak in Kansas to cost around US$480-million, TC Energy saysFebruary 11, 2023 | msn.com2 Energy Stocks Packed With Potential in Today’s MarketFebruary 8, 2023 | msn.com2 Top TSX Energy Stocks to Buy in February 2023January 27, 2023 | markets.businessinsider.comAnalysts’ Top Industrial Goods Picks: Liberty Oilfield Services (LBRT), TC Energy (TRP)January 19, 2023 | seekingalpha.comBetter High-Yield Midstream Buy: Enbridge Or TC Energy?January 19, 2023 | seekingalpha.comTC Energy: Deleveraging Is Needed To Bring Shares Back Into FavorJanuary 9, 2023 | msn.comTC Energy, ERA agree to clean up Keystone pipeline oil spill in KansasJanuary 9, 2023 | finance.yahoo.comTC Energy Corporation (TSE:TRP) is favoured by institutional owners who hold 76% of the companyJanuary 6, 2023 | seekingalpha.comTC Energy upgraded at Raymond James with the worst of its pain behind itDecember 23, 2022 | msn.comTC Energy Stock Is Down 18%: Here’s Why it’s a Buy on the DipDecember 23, 2022 | theglobeandmail.comTC Energy receives regulatory approval to restart part of Keystone pipeline shut by spill in KansasDecember 23, 2022 | reuters.comTC Energy to restart Keystone oil pipeline segment after regulator approvalDecember 21, 2022 | seekingalpha.comTC Energy advances after update of Keystone cleanupSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 TRP Company Calendar Last Earnings11/05/2021Ex-Dividend for 1/31 Dividend12/29/2022Dividend Payable1/31/2023Today3/27/2023Ex-Dividend for 4/28 Dividend3/30/2023Dividend Payable4/28/2023Next Earnings (Estimated)5/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:TRP CUSIPN/A CIK1232384 Webwww.transcanada.com Phone(403) 920-2000Fax1403-920-2200Employees7,477Year Founded1951Price Target and Rating Average Stock Price Forecast$64.86 High Stock Price Forecast$78.00 Low Stock Price Forecast$53.00 Forecasted Upside/Downside+71.2%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.58 Trailing P/E Ratio65.31 Forward P/E Ratio11.95 P/E Growth2.98Net Income$575.36 million Net Margins5.57% Pretax Margin9.17% Return on Equity13.92% Return on Assets3.90% Debt Debt-to-Equity Ratio1.59 Current Ratio0.43 Quick Ratio0.38 Sales & Book Value Annual Sales$11.52 billion Price / Sales3.36 Cash Flow$5.27 per share Price / Cash Flow7.19 Book Value$23.89 per share Price / Book1.59Miscellaneous Outstanding Shares1,022,700,000Free FloatN/AMarket Cap$38.74 billion OptionableOptionable Beta0.85 Social Links Key ExecutivesFrancois L. PoirierPresident, Chief Executive Officer & DirectorJoel E. HunterChief Financial Officer & Executive Vice PresidentJawad A. MasudSenior Vice President-Technical CentreLeslie C. KassExecutive Vice President-Technical CentrePatrick M KeysExecutive Vice President & General CounselKey CompetitorsKinder MorganNYSE:KMIEnergy TransferNYSE:ETWilliams CompaniesNYSE:WMBEnterprise Products PartnersNYSE:EPDTarga ResourcesNYSE:TRGPView All CompetitorsInstitutional OwnershipB. Riley Wealth Advisors Inc.Sold 1,195 shares on 3/15/2023Ownership: 0.001%Rockefeller Capital Management L.P.Bought 380 shares on 3/6/2023Ownership: 0.000%Voya Investment Management LLCSold 1,691 shares on 2/28/2023Ownership: 0.006%NatixisBought 23,374 shares on 2/24/2023Ownership: 0.007%B. Riley Wealth Advisors Inc.Sold 1,195 shares on 2/21/2023Ownership: 0.001%View All Institutional Transactions TRP Stock - Frequently Asked Questions Should I buy or sell TC Energy stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 3 sell ratings, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRP shares. 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 TRP analyst ratings or view top-rated stocks. What is TC Energy's stock price forecast for 2023? 8 brokerages have issued 1-year target prices for TC Energy's shares. Their TRP share price forecasts range from $53.00 to $78.00. On average, they predict the company's share price to reach $64.86 in the next year. This suggests a possible upside of 71.2% from the stock's current price. View analysts price targets for TRP or view top-rated stocks among Wall Street analysts. How have TRP shares performed in 2023? TC Energy's stock was trading at $39.86 at the start of the year. Since then, TRP shares have decreased by 5.0% and is now trading at $37.88. View the best growth stocks for 2023 here. Are investors shorting TC Energy? TC Energy saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 20,430,000 shares, an increase of 55.1% from the February 13th total of 13,170,000 shares. Based on an average trading volume of 2,070,000 shares, the short-interest ratio is presently 9.9 days. Currently, 2.1% of the company's stock are sold short. View TC Energy's Short Interest. When is TC Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023. View our TRP earnings forecast. How were TC Energy's earnings last quarter? TC Energy Co. (NYSE:TRP) issued its earnings results on Friday, November, 5th. The pipeline company reported $0.79 earnings per share for the quarter, hitting analysts' consensus estimates of $0.79. The pipeline company earned $2.57 billion during the quarter, compared to the consensus estimate of $3.51 billion. TC Energy had a trailing twelve-month return on equity of 13.92% and a net margin of 5.57%. During the same period in the prior year, the business posted $0.71 EPS. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy announced a quarterly dividend on Tuesday, February 14th. Investors of record on Friday, March 31st will be given a dividend of $0.699 per share on Friday, April 28th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 7.38%. The ex-dividend date is Thursday, March 30th. This is a boost from the stock's previous quarterly dividend of $0.66. Read our dividend analysis for TRP. What ETFs hold TC Energy's stock? ETFs with the largest weight of TC Energy (NYSE:TRP) stock in their portfolio include Dimensional International Core Equity Market ETF (DFAI).iShares MSCI Frontier and Select EM ETF (FM). Is TC Energy a good dividend stock? TC Energy (NYSE:TRP) pays an annual dividend of $2.66 per share and currently has a dividend yield of 7.02%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 458.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TRP will have a dividend payout ratio of 88.67% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for TRP. 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. 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 many different retail and institutional investors. Top institutional investors include Bank of Nova Scotia (2.24%), Deutsche Bank AG (2.09%), Price T Rowe Associates Inc. MD (1.82%), Mackenzie Financial Corp (1.68%), 1832 Asset Management L.P. (1.45%) and TD Asset Management Inc (1.45%). 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 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 $37.88. How much money does TC Energy make? TC Energy (NYSE:TRP) has a market capitalization of $38.74 billion and generates $11.52 billion in revenue each year. The pipeline company earns $575.36 million in net income (profit) each year or $0.58 on an earnings per share basis. How many employees does TC Energy have? The company employs 7,477 workers across the globe. How can I contact TC Energy? TC Energy's mailing address is 450 - 1ST STREET S.W., CALGARY A0, T2P 5H1. The official website for the company 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. This page (NYSE:TRP) was last updated on 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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