S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
UK travelers face hours-long waits for ferries to France
Credit Suisse takeover hits heart of Swiss banking, identity
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Small areas reopen near Fukushima nuclear plant, few return
'War of the states': EV, chip makers lavished with subsidies
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
UK travelers face hours-long waits for ferries to France
Credit Suisse takeover hits heart of Swiss banking, identity
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Small areas reopen near Fukushima nuclear plant, few return
'War of the states': EV, chip makers lavished with subsidies
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
UK travelers face hours-long waits for ferries to France
Credit Suisse takeover hits heart of Swiss banking, identity
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Small areas reopen near Fukushima nuclear plant, few return
'War of the states': EV, chip makers lavished with subsidies
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
UK travelers face hours-long waits for ferries to France
Credit Suisse takeover hits heart of Swiss banking, identity
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Small areas reopen near Fukushima nuclear plant, few return
'War of the states': EV, chip makers lavished with subsidies
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
NYSE:TRP

TC Energy - TRP Stock Forecast, Price & News

$38.91
+0.01 (+0.03%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$38.67
$39.00
50-Day Range
$37.18
$43.51
52-Week Range
$36.79
$59.38
Volume
1.44 million shs
Average Volume
1.92 million shs
Market Capitalization
$39.79 billion
P/E Ratio
67.09
Dividend Yield
6.84%
Price Target
$64.86

TC Energy MarketRank™ Forecast

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
66.7% Upside
$64.86 Price Target
Short Interest
Bearish
4.60% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.41
Upright™ Environmental Score
News Sentiment
1.06mentions of TC Energy in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.36%
From $3.17 to $3.00 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

Oils/Energy Sector

197th out of 244 stocks

Natural Gas Transmission Industry

14th out of 19 stocks


TRP stock logo

About TC Energy (NYSE:TRP) Stock

TC Energy Corporation engages in the provision of energy infrastructure services. It operates through the following business segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, Power and Energy Solutions, and Corporate. The Canadian Natural Gas Pipelines segment consists of regulated natural gas pipelines. The U.S. Natural Gas Pipelines segment manages the regulated natural gas pipelines, regulated natural gas storage facilities, midstream, and other assets. The Mexico Natural Gas Pipelines invests on regulated natural gas pipelines in Mexico. The Liquids Pipelines handles investments on crude oil pipeline systems. The Power and Energy Solutions segment consists of power generation plants and non-regulated natural gas storage facilities. The company was founded in 1951 and is headquartered in Calgary, Canada.

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TRP Stock News Headlines

TC Energy (NYSE:TRP) Trading Down 2.3%
What To Do With Your Trades Today
There’s a tool that scans and picks the best stocks… and could give you all the consistency you need in your trading… No matter what happens in the market. Revealed Here: A.I. Predicted Stock Forecasts pixel
Is Now the Right Time to Buy TC Energy Stock?
TC Energy Corporation (TRP.TO)
What To Do With Your Trades Today
There’s a tool that scans and picks the best stocks… and could give you all the consistency you need in your trading… No matter what happens in the market. Revealed Here: A.I. Predicted Stock Forecasts pixel
TC Energy Sees Unusually Large Options Volume (NYSE:TRP)
TSX Ends Weak As Energy, Financials Stocks Post Losses
April 21st Options Now Available For TC Energy
15 Largest Pipeline Companies in the World
Better High-Yield Midstream Buy: Enbridge Or TC Energy?
See More Headlines
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TRP Company Calendar

Ex-Dividend for 1/31 Dividend
12/29/2022
Dividend Payable
1/31/2023
Last Earnings
2/14/2023
Ex-Dividend for 4/28 Dividend
3/30/2023
Today
4/01/2023
Dividend Payable
4/28/2023
Next Earnings (Estimated)
5/05/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
7,477
Year Founded
1951

Price Target and Rating

Average Stock Price Forecast
$64.86
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$53.00
Forecasted Upside/Downside
+66.7%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$575.36 million
Pretax Margin
9.17%

Debt

Sales & Book Value

Annual Sales
$11.52 billion
Cash Flow
$5.16 per share
Book Value
$23.89 per share

Miscellaneous

Outstanding Shares
1,022,700,000
Free Float
N/A
Market Cap
$39.79 billion
Optionable
Optionable
Beta
0.85

Social Links


Key Executives

  • Francois L. Poirier
    President, Chief Executive Officer & Director
  • Joel E. HunterJoel E. Hunter
    Chief Financial Officer & Executive Vice President
  • Jawad A. Masud
    Senior Vice President-Technical Centre
  • Leslie C. Kass
    Executive Vice President-Technical Centre
  • Patrick M Keys
    Executive Vice President & General Counsel













TRP Stock - Frequently Asked Questions

Should I buy or sell TC Energy stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 3 sell ratings, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRP shares. 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 TRP analyst ratings
or view top-rated stocks.

What is TC Energy's stock price forecast for 2023?

8 brokers have issued 1 year target prices for TC Energy's shares. Their TRP share price forecasts range from $53.00 to $78.00. On average, they predict the company's stock price to reach $64.86 in the next year. This suggests a possible upside of 66.7% from the stock's current price.
View analysts price targets for TRP
or view top-rated stocks among Wall Street analysts.

How have TRP shares performed in 2023?

TC Energy's stock was trading at $39.86 at the start of the year. Since then, TRP stock has decreased by 2.4% and is now trading at $38.91.
View the best growth stocks for 2023 here
.

Are investors shorting TC Energy?

TC Energy saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 45,940,000 shares, an increase of 124.9% from the February 28th total of 20,430,000 shares. Based on an average daily trading volume, of 2,050,000 shares, the days-to-cover ratio is presently 22.4 days. Approximately 4.6% of the company's stock are sold short.
View TC Energy's Short Interest
.

When is TC Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our TRP earnings forecast
.

How were TC Energy's earnings last quarter?

TC Energy Co. (NYSE:TRP) issued its earnings results on Tuesday, February, 14th. The pipeline company reported $0.82 EPS for the quarter, missing the consensus estimate of $0.84 by $0.02. The pipeline company earned $2.98 billion during the quarter. TC Energy had a trailing twelve-month return on equity of 13.92% and a net margin of 5.57%.

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

TC Energy declared a quarterly dividend on Tuesday, February 14th. Investors of record on Friday, March 31st will be paid a dividend of $0.699 per share on Friday, April 28th. This represents a $2.80 annualized dividend and a dividend yield of 7.19%. The ex-dividend date of this dividend is Thursday, March 30th. This is a positive change from the stock's previous quarterly dividend of $0.66.
Read our dividend analysis for TRP
.

What ETFs hold TC Energy's stock?

ETFs with the largest weight of TC Energy (NYSE:TRP) stock in their portfolio include Dimensional International Core Equity Market ETF (DFAI) and Capital Group Core Equity ETF (CGUS).iShares MSCI Frontier and Select EM ETF (FM).

Is TC Energy a good dividend stock?

TC Energy (NYSE:TRP) pays an annual dividend of $2.66 per share and currently has a dividend yield of 6.69%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 458.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TRP will have a dividend payout ratio of 88.67% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TRP.

What is Russell K. (Russ) Girling's approval rating as TC Energy's CEO?

221 employees have rated TC Energy Chief Executive Officer Russell K. (Russ) Girling on Glassdoor.com. Russell K. (Russ) Girling has an approval rating of 97% among the company's employees. This puts Russell K. (Russ) Girling in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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."

How do I buy shares of TC Energy?

Shares of TRP stock 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 $38.91.

How much money does TC Energy make?

TC Energy (NYSE:TRP) has a market capitalization of $39.79 billion and generates $11.52 billion in revenue each year. The pipeline company earns $575.36 million in net income (profit) each year or $0.58 on an earnings per share basis.

How many employees does TC Energy have?

The company employs 7,477 workers across the globe.

How can I contact TC Energy?

TC Energy's mailing address is 450 - 1ST STREET S.W., CALGARY A0, T2P 5H1. The official website for the company is www.transcanada.com. The pipeline company can be reached via phone at (403) 920-2000, via email at investor_relations@transcanada.com, or via fax at 1403-920-2200.

This page (NYSE:TRP) was last updated on 4/2/2023 by MarketBeat.com Staff