NYSE:TRP - Tc Pipelines Stock Price, Forecast & News

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

Tc Pipelines declared a quarterly dividend on Friday, November 1st. Investors of record on Tuesday, December 31st will be paid a dividend of $0.57 per share on Friday, January 31st. This represents a $2.28 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Monday, December 30th. This is a boost from Tc Pipelines's previous quarterly dividend of $0.57. View Tc Pipelines' Dividend History.

Tc Pipelines Lp (NYSE:TRP) posted its earnings results on Friday, November, 1st. The pipeline company reported $0.79 EPS for the quarter, beating the Zacks' consensus estimate of $0.76 by $0.03. The pipeline company earned $2.37 billion during the quarter. Tc Pipelines had a return on equity of 14.12% and a net margin of 29.37%. View Tc Pipelines' Earnings History.

Tc Pipelines is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Tc Pipelines.

10 brokerages have issued 1 year price targets for Tc Pipelines' stock. Their forecasts range from $56.00 to $73.00. On average, they expect Tc Pipelines' share price to reach $66.43 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for Tc Pipelines.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tc Pipelines in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tc Pipelines.

Media coverage about TRP stock has trended negative on Tuesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tc Pipelines earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Tc Pipelines.

Tc Pipelines saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 8,790,000 shares, an increase of 75.1% from the December 15th total of 5,020,000 shares. Based on an average daily trading volume, of 1,430,000 shares, the short-interest ratio is currently 6.1 days. Approximately 1.0% of the shares of the company are sold short. View Tc Pipelines' Current Options Chain.

Some companies that are related to Tc Pipelines include Enterprise Products Partners (EPD), Kinder Morgan (KMI), National Grid (NGG), Energy Transfer LP Unit (ET), Williams Companies (WMB), Targa Resources (TRGP), Western Midstream Partners (WES), Tallgrass Energy (TGE), EQM Midstream Partners (EQM), Enable Midstream Partners (ENBL), Antero Midstream (AM), DCP Midstream (DCP), TC Pipelines (TCP), EnLink Midstream (ENLC) and Rattler Midstream (RTLR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tc Pipelines investors own include Enbridge (ENB), AT&T (T), Pfizer (PFE), Verizon Communications (VZ), Enterprise Products Partners (EPD), Cisco Systems (CSCO), QUALCOMM (QCOM), IBM (IBM), Intel (INTC) and Gilead Sciences (GILD).

Tc Pipelines' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.16%), Hennessy Advisors Inc. (0.09%), Nexus Investment Management Inc. (0.05%), Chickasaw Capital Management LLC (0.04%), JCIC Asset Management Inc. (0.04%) and Hexavest Inc. (0.01%).

TRP stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Hexavest Inc., Diversified Trust Co, Forte Capital LLC ADV, Viking Fund Management LLC, CLARET ASSET MANAGEMENT Corp, Camelot Portfolios LLC and Coastline Trust Co.

TRP stock was bought by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., JCIC Asset Management Inc., Chickasaw Capital Management LLC, Nexus Investment Management Inc., Winslow Evans & Crocker Inc., AE Wealth Management LLC, Arden Trust Co and Foundations Investment Advisors LLC.

Shares of TRP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TRP stock can currently be purchased for approximately $54.27.

Tc Pipelines has a market capitalization of $50.69 billion and generates $10.55 billion in revenue each year. The pipeline company earns $2.86 billion in net income (profit) each year or $2.98 on an earnings per share basis. Tc Pipelines employs 7,081 workers across the globe.View Additional Information About Tc Pipelines.

The official website for Tc Pipelines is http://www.transcanada.com/.

Tc Pipelines' 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]