TC Energy Stock Forecast, Price & News

TC Energy (NYSE:TRP) Frequently Asked Questions

Is TC Energy a buy right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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.

How has TC Energy's stock price been impacted by Coronavirus (COVID-19)?

TC Energy's stock was trading at $45.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TRP stock has increased by 4.8% and is now trading at $48.14.
View which stocks have been most impacted by COVID-19.

Are investors shorting TC Energy?

TC Energy saw a decline in short interest in October. As of October 15th, there was short interest totaling 5,810,000 shares, a decline of 54.4% from the September 30th total of 12,750,000 shares. Based on an average daily trading volume, of 1,420,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 0.6% of the shares of the company are sold short.
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 Thursday, February 17th 2022.
View our earnings forecast for TC Energy.

How were TC Energy's earnings last quarter?

TC Energy Co. (NYSE:TRP) posted its quarterly earnings results on Friday, November, 5th. The pipeline company reported $0.79 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.79. TC Energy had a net margin of 15.35% and a trailing twelve-month return on equity of 15.17%. During the same period in the previous year, the company earned $0.71 earnings per share.
View TC Energy's earnings history.

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

TC Energy declared a dividend on Tuesday, November 23rd. Stockholders of record on Tuesday, November 30th will be paid a dividend of $0.6986 per share on Friday, December 31st. This represents a yield of 5.63%. The ex-dividend date is Monday, November 29th. This is a boost from TC Energy's previous dividend of $0.58.
View TC Energy's dividend history.

Is TC Energy a good dividend stock?

TC Energy pays an annual dividend of $2.73 per share and currently has a dividend yield of 5.61%. 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 179.61%. 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 80.77% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.
View TC Energy's dividend history.

What price target have analysts set for TRP?

13 brokers have issued 12-month price objectives for TC Energy's stock. Their forecasts range from $62.00 to $76.00. On average, they expect TC Energy's share price to reach $68.91 in the next twelve months. This suggests a possible upside of 43.1% 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
• Joel E. Hunter, CFO, Chief Risk Officer & Vice President
• Leslie C. Kass, Executive Vice President-Technical Centre
• Paul Miller, Executive VP & President-Liquids Pipelines
• Tracy A. Robinson, EVP & President-Canadian Natural Gas Pipelines

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?

Some companies that are related to TC Energy include National Grid (NGG), Enterprise Products Partners (EPD), Kinder Morgan (KMI), Williams Companies (WMB), Energy Transfer (ET), Targa Resources (TRGP), Western Midstream Partners (WES), DCP Midstream (DCP), Antero Midstream (AM), DT Midstream (DTM), Equitrans Midstream (ETRN), EnLink Midstream (ENLC), Enable Midstream Partners (ENBL), Rattler Midstream (RTLR) and USA Compression Partners (USAC).
View all of TRP's 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 many different institutional and retail investors. Top institutional investors include Capital Research Global Investors (3.80%), Deutsche Bank AG (2.80%), Wellington Management Group LLP (2.33%), Capital World Investors (2.27%), TD Asset Management Inc. (1.82%) and Mackenzie Financial Corp (1.66%).

Which major investors are selling TC Energy stock?

TRP stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Deutsche Bank AG, Tortoise Capital Advisors L.L.C., Marshall Wace LLP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Vaughan David Investments LLC IL, and TD Asset Management Inc..

Which major investors are buying TC Energy stock?

TRP stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Millennium Management LLC, Mufg Securities Canada LTD., Healthcare of Ontario Pension Plan Trust Fund, Brookfield Asset Management Inc., Mackenzie Financial Corp, Geode Capital Management LLC, and HAP Trading LLC.

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 $48.14.

How much money does TC Energy make?

TC Energy has a market capitalization of $47.14 billion and generates $9.70 billion in revenue each year. The pipeline company earns $3.45 billion in net income (profit) each year or $1.52 on an earnings per share basis.

How many employees does TC Energy have?

TC Energy employs 7,283 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, via email at [email protected], or via fax at 1403-920-2200.