TC Energy Stock Forecast, Price & News

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.

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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.

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

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.

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.
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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.

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.

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.

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), Western Midstream Partners (WES), Targa Resources (TRGP), DCP Midstream (DCP), Antero Midstream (AM), Equitrans Midstream (ETRN), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), TC PipeLines (TCP), 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 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%).

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.

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.

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 $47.35.

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.

TC Energy employs 7,305 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]