TC Energy Stock Price, News & Analysis (TSE:TRP) C$51.65 -0.09 (-0.17%) (As of 12/8/2023 ET) Add Compare Share Share Today's RangeC$51.43▼C$52.0350-Day RangeC$45.23▼C$51.7452-Week RangeC$43.70▼C$58.68Volume3.88 million shsAverage Volume6.16 million shsMarket CapitalizationC$53.72 billionP/E RatioN/ADividend Yield7.20%Price TargetC$54.53 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades TC Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.27 Rating ScoreUpside/Downside5.6% UpsideC$54.53 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.44Based on 11 Articles This WeekInsider TradingSelling SharesC$129,297 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.64 out of 5 stars 1.1 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 4 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$54.53, TC Energy has a forecasted upside of 5.6% from its current price of C$51.65.Amount of Analyst CoverageTC Energy has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TRP. Previous Next 1.7 Dividend Strength Dividend LeadershipTC Energy is a leading dividend payer. It pays a dividend yield of 7.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTC Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRP. Previous Next 3.0 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for TC Energy this week, compared to 4 articles on an average week.Search Interest41 people have searched for TRP on MarketBeat in the last 30 days. This is an increase of 128% compared to the previous 30 days.MarketBeat Follows5 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$129,297.00 in company stock.Percentage Held by InsidersOnly 0.06% of the stock of TC Energy is held by insiders.Percentage Held by Institutions81.54% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is -368.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is -368.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 0.70. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTC Energy has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TC Energy Stock (TSE:TRP)TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,700 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, and Texas. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.Read More TRP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRP Stock News HeadlinesDecember 6, 2023 | americanbankingnews.comTC Energy Co. (TSE:TRP) Receives Average Rating of "Hold" from BrokeragesDecember 6, 2023 | americanbankingnews.comTC Energy (TSE:TRP) PT Raised to C$51.00December 8, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.December 5, 2023 | americanbankingnews.comTC Energy Co. (TSE:TRP) Senior Officer Christine R. Johnston Sells 1,850 Shares of StockDecember 4, 2023 | markets.businessinsider.com4 Analysts Have This to Say About TC EnergyDecember 4, 2023 | americanbankingnews.comFY2023 EPS Estimates for TC Energy Co. (TSE:TRP) Increased by National Bank FinancialDecember 1, 2023 | msn.comShould You Buy TC Energy for Passive Income?November 30, 2023 | americanbankingnews.comTC Energy (TSE:TRP) Given New C$54.00 Price Target at National BanksharesDecember 8, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 30, 2023 | americanbankingnews.comTC Energy (TSE:TRP) Price Target Increased to C$54.00 by Analysts at CIBCNovember 29, 2023 | americanbankingnews.comTC Energy (TSE:TRP) Stock Crosses Above Two Hundred Day Moving Average of $50.26November 28, 2023 | ca.finance.yahoo.comPipeline company TC Energy raises growth outlook for 2023November 22, 2023 | ca.finance.yahoo.comBofA bullish on Canadian energy stocks ahead of ‘challenging’ 2024November 21, 2023 | finance.yahoo.comTC Energy 2023 Investor Day event to be webcastNovember 16, 2023 | finance.yahoo.comTC Energy (TRP) Q3 Earnings and Revenues Surpass EstimatesNovember 14, 2023 | markets.businessinsider.comBuy Rating Issued for TC Energy: Anticipated EBITDA Growth, Asset Sales, and Capital Discipline StrategyNovember 8, 2023 | seekingalpha.comTC Energy Stock: 7.4% Dividend Yield, This Is A Fascinating Income PlayNovember 8, 2023 | msn.comTC Energy reports Q3 loss as it takes Coastal GasLink chargeNovember 1, 2023 | finance.yahoo.com3 Renewable Energy Stocks Set to Beat Q3 Earnings EstimatesOctober 30, 2023 | msn.comCoastal GasLink pipeline fully installed, optimistic TC Energy saysOctober 30, 2023 | benzinga.comTC Energy Explores Asset Sales Worth $10B, Debt Reduction on the HorizonOctober 27, 2023 | msn.comTC Energy exploring asset stake sales worth $10B - BloombergOctober 26, 2023 | bizjournals.comIconic TC Energy Center office tower in downtown Houston listed for $285MOctober 25, 2023 | msn.comTC Energy Stock: How Safe Is the 7.86% Yield?October 24, 2023 | finance.yahoo.comTC Energy's (TRP) GTN XPress Expansion Receives FERC ApprovalOctober 19, 2023 | theglobeandmail.comTC Energy’s B.C. pipeline route bolstered by deal with Ksi Lisims LNGOctober 19, 2023 | markets.businessinsider.comCIBC Keeps Their Hold Rating on TC Energy (TRP)See More Headlines Receive TRP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TC Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/31 Dividend9/28/2023Dividend Payable10/31/2023Last Earnings11/08/2023Today12/08/2023Ex-Dividend for 1/31 Dividend12/28/2023Dividend Payable1/31/2024Next Earnings (Estimated)2/13/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas Midstream Sub-IndustryN/A SectorEnergy Current SymbolTSE:TRP CUSIPN/A CIKN/A Webwww.transcanada.com Phone+1-403-9202000FaxN/AEmployees7,477Year FoundedN/APrice Target and Rating Average Stock Price TargetC$54.53 High Stock Price TargetC$63.00 Low Stock Price TargetC$47.00 Potential Upside/Downside+5.6%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.14) Trailing P/E RatioN/A Forward P/E Ratio12.41 P/E Growth0.7Net IncomeC$-81,000,000.00 Net Margins0.07% Pretax MarginN/A Return on Equity0.11% Return on Assets2.51% Debt Debt-to-Equity Ratio193.59 Current Ratio0.86 Quick Ratio0.40 Sales & Book Value Annual SalesC$13.73 billion Price / Sales3.91 Cash FlowC$2.55 per share Price / Cash Flow20.28 Book ValueC$30.03 per share Price / Book1.72Miscellaneous Outstanding Shares1,040,000,000Free FloatN/AMarket CapC$53.72 billion OptionableNot Optionable Beta0.83 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 57)CEO, President & Director Comp: $2.68MMr. Joel E. Hunter (Age 56)Executive VP & CFO Comp: $1.09MMr. Stanley Graham Chapman III (Age 57)Executive VP & COO of Natural Gas Pipelines Comp: $2.2MMr. Bevin Mark Wirzba M.B.A.P.Eng., Executive VP, Group President, Liquids Pipelines & Coastal GasLinkGavin WylieVice-President of Investor RelationsMr. Patrick M. KeysExecutive VP, General Counsel and Chief Compliance & Sustainability OfficerMs. Annesley WallaceExecutive VP of Strategy, Corporate Development and President of Power & Energy SolutionsMr. Richard J. PriorPresident of Liquids Pipelines.Ms. Dawn E. de LimaExecutive Vice-President of Corporate ServicesMr. Patrick C. MuttartSenior Vice President of External RelationsMore ExecutivesKey CompetitorsPembina PipelineTSE:PPLEnbridgeTSE:ENBSuncor EnergyTSE:SUCenovus EnergyTSE:CVEImperial OilTSE:IMOView All CompetitorsInsidersTroy TallySold 900 sharesTotal: C$34,299.99 ($38.11/share)Christine R. JohnstonSold 1,850 sharesTotal: C$94,997.50 ($51.35/share)Una Marie PowerBought 4,800 shares on 8/30/2023Total: C$235,967.52 ($49.16/share)Mark YeomansSold 640 sharesTotal: C$30,604.80 ($47.82/share)Jessica A. KirstineBought 160 shares on 3/24/2023Total: C$8,158.99 ($50.99/share)View All Insider Transactions TRP Stock Analysis - Frequently Asked Questions Should I buy or sell TC Energy stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 1 sell rating, 6 hold ratings 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 target for 2024? 11 analysts have issued twelve-month price objectives for TC Energy's shares. Their TRP share price targets range from C$47.00 to C$63.00. On average, they expect the company's share price to reach C$54.53 in the next year. This suggests a possible upside of 5.6% 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 C$53.98 on January 1st, 2023. Since then, TRP shares have decreased by 4.3% and is now trading at C$51.65. View the best growth stocks for 2023 here. When is TC Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our TRP earnings forecast. How were TC Energy's earnings last quarter? TC Energy Co. (TSE:TRP) posted its earnings results on Wednesday, November, 8th. The company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.03. The business earned $3.94 billion during the quarter, compared to analyst estimates of $3.23 billion. TC Energy had a trailing twelve-month return on equity of 0.11% and a net margin of 0.07%. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy announced a quarterly dividend on Wednesday, November 8th. Investors of record on Friday, December 29th will be paid a dividend of 0.93 per share on Wednesday, January 31st. This represents a $3.72 dividend on an annualized basis and a yield of 7.20%. The ex-dividend date of this dividend is Thursday, December 28th. Read our dividend analysis for TRP. Is TC Energy a good dividend stock? TC Energy (TSE:TRP) pays an annual dividend of C$3.72 per share and currently has a dividend yield of 7.29%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for TRP. 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 Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Rogers Communications (RCI) and Open Text (OTEX). How do I buy shares of TC Energy? Shares of TRP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:TRP) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TC Energy Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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