TC Energy Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TC Energy stock.
View analyst ratings for TC Energy or view top-rated stocks.

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

TC Energy is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for TC Energy.

TC Energy Co. (NYSE:TRP) issued its quarterly earnings results on Thursday, July, 29th. The pipeline company reported $0.87 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.76 by $0.11. The pipeline company earned $2.59 billion during the quarter. TC Energy had a trailing twelve-month return on equity of 14.84% and a net margin of 16.25%.
View TC Energy's earnings history.

TC Energy's stock was trading at $45.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TRP shares have increased by 3.8% and is now trading at $47.66.
View which stocks have been most impacted by COVID-19.

TC Energy announced a quarterly dividend on Friday, July 30th. Investors of record on Thursday, September 30th will be given a dividend of $0.6917 per share on Friday, October 29th. This represents a $2.77 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date of this dividend is Wednesday, September 29th.
View TC Energy's dividend history.

TC Energy pays an annual dividend of $2.88 per share and currently has a dividend yield of 5.86%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of TC Energy is 91.72%. 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 86.49% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.
View TC Energy's dividend history.

14 brokers have issued 12 month price objectives for TC Energy's shares. Their forecasts range from $62.00 to $76.00. On average, they expect TC Energy's share price to reach $69.25 in the next year. This suggests a possible upside of 45.3% from the stock's current price.
View analysts' price targets for TC Energy or view top-rated stocks among Wall Street analysts.

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), The 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), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), Rattler Midstream (RTLR) and USA Compression Partners (USAC).
View all of TRP's competitors.

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."

TC Energy's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.11%), Deutsche Bank AG (2.92%), Capital International Investors (2.84%), Bank of Nova Scotia (1.79%), 1832 Asset Management L.P. (1.74%) and Mackenzie Financial Corp (1.61%).

TRP stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Schonfeld Strategic Advisors LLC, Goldman Sachs Group Inc., Blackstone Inc, Healthcare of Ontario Pension Plan Trust Fund, Canada Pension Plan Investment Board, Brookfield Asset Management Inc., and Caisse DE Depot ET Placement DU Quebec.

TRP stock was bought by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, First Trust Advisors LP, Mufg Securities Canada LTD., Deutsche Bank AG, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Amundi, 1832 Asset Management L.P., and Capital International Investors.

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.

One share of TRP stock can currently be purchased for approximately $47.66.

TC Energy has a market capitalization of $46.67 billion and generates $9.70 billion in revenue each year. The pipeline company earns $3.45 billion in net income (profit) each year or $3.14 on an earnings per share basis.

TC Energy employs 7,283 workers across the globe.

TC Energy was founded in 1951.

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

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

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].