TC Energy Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 3 hold ratings and 11 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.
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TC Energy is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for TC Energy.

TC Energy Co. (NYSE:TRP) released its quarterly earnings results on Wednesday, February, 17th. The pipeline company reported $1.15 earnings per share (EPS) for the quarter, topping 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 13.97% and a net margin of 17.91%.
View TC Energy's earnings history.

TC Energy's stock was trading at $45.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRP stock has increased by 12.6% and is now trading at $51.71.
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TC Energy announced a quarterly dividend on Monday, May 10th. Stockholders of record on Wednesday, June 30th will be given a dividend of $0.7137 per share on Friday, July 30th. This represents a $2.85 annualized dividend and a yield of 5.52%. The ex-dividend date is Tuesday, June 29th. This is an increase from TC Energy's previous quarterly dividend of $0.69.
View TC Energy's dividend history.

TC Energy pays an annual dividend of $1.82 per share and currently has a dividend yield of 3.54%. TC Energy does not yet have a strong track record of dividend growth. The dividend payout ratio of TC Energy is 57.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TC Energy will have a dividend payout ratio of 50.42% next year. This indicates that TC Energy will be able to sustain or increase its dividend.
View TC Energy's dividend history.

14 brokerages have issued 12 month target prices for TC Energy's shares. Their forecasts range from $49.00 to $75.00. On average, they anticipate TC Energy's stock price to reach $68.00 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price.
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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), Enable Midstream Partners (ENBL), Equitrans Midstream (ETRN), EnLink Midstream (ENLC), Rattler Midstream (RTLR), USA Compression Partners (USAC) and Archrock (AROC).
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 many different retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (3.13%), Capital International Investors (2.76%), FIL Ltd (1.98%), TD Asset Management Inc. (1.85%), Price T Rowe Associates Inc. MD (1.46%) and Bank of Nova Scotia (1.35%).

TRP stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Capital International Investors, Caisse DE Depot ET Placement DU Quebec, Blackstone Group Inc., APG Asset Management N.V., Price T Rowe Associates Inc. MD, Quadrature Capital Ltd, and M&G Investment Management Ltd..

TRP stock was purchased by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Mufg Securities Canada LTD., FIL Ltd, Tortoise Capital Advisors L.L.C., Healthcare of Ontario Pension Plan Trust Fund, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Russell Investments Group Ltd., and Bank of Montreal Can.

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 $51.71.

TC Energy has a market capitalization of $50.61 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 7,500 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]