TSE:TRP TC Energy (TRP) Stock Price, News & Analysis C$58.04 +0.66 (+1.15%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$57.35▼C$58.0550-Day RangeC$51.11▼C$58.0452-Week RangeC$43.70▼C$58.05Volume5.47 million shsAverage Volume6.74 million shsMarket CapitalizationC$60.36 billionP/E Ratio22.32Dividend Yield6.62%Price TargetC$55.87 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get TC Energy alerts: Email Address TC Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.45 Rating ScoreUpside/Downside3.7% DownsideC$55.87 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.06Based on 23 Articles This WeekInsider TradingSelling SharesC$299,917 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.93 out of 5 stars 1.2 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageTC Energy has only been the subject of 2 research reports in the past 90 days.Read more about TC Energy's stock forecast and price target. 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 7.31%, 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.Dividend CoverageThe dividend payout ratio of TC Energy is 147.69%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about TC Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRP. Previous Next 2.8 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 1.06. 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 is a higher news sentiment than the 0.43 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 23 news articles for TC Energy this week, compared to 4 articles on an average week.Search InterestOnly 27 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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$299,917.00 in company stock.Percentage Held by InsidersOnly 0.04% of the stock of TC Energy is held by insiders.Percentage Held by Institutions83.07% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about TC Energy's insider trading history. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 22.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 22.32, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 205.85.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 0.26. 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 2.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about TC Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWe’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! And how YOU can prepare for the next 2024 BOOM 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 93,600 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, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded 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 HeadlinesJune 28, 2024 | insidertrades.comTC Energy Co. (TSE:TRP) Director Sells C$29,227.38 in StockJuly 26 at 9:00 AM | americanbankingnews.comNational Bank Financial Weighs in on TC Energy Co.'s Q2 2024 Earnings (TSE:TRP)July 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 26 at 2:54 AM | americanbankingnews.comTC Energy (TSE:TRP) PT Raised to C$56.00 at ATB CapitalJuly 26 at 2:00 AM | americanbankingnews.comTC Energy (TSE:TRP) Sets New 52-Week High After Analyst UpgradeJuly 25 at 8:30 AM | americanbankingnews.comZacks Research Weighs in on TC Energy Co.'s Q2 2024 Earnings (TSE:TRP)July 25 at 3:26 AM | americanbankingnews.comTC Energy (TRP) to Release Earnings on ThursdayJuly 24 at 9:35 AM | americanbankingnews.comTC Energy Co. (TSE:TRP) to Post Q2 2025 Earnings of $1.66 Per Share, Zacks Research ForecastsJuly 26, 2024 | DTI (Ad)How a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! 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(TSE:TRP) PT at C$55.56July 18, 2024 | americanbankingnews.comTC Energy (TSE:TRP) Upgraded to "Overweight" at BarclaysJuly 16, 2024 | americanbankingnews.comTC Energy (TSE:TRP) Given New C$59.00 Price Target at CIBCMay 28, 2024 | theglobeandmail.comTC Energy: Top 25 Undervalued S&P/TSX Composite Index Stocks (TRP)May 16, 2024 | msn.comTC Energy to appeal $199M payment ruling in Columbia Pipeline deal caseMay 15, 2024 | theglobeandmail.comTC Energy to appeal court rulings in lawsuit related to Columbia Pipeline dealMay 15, 2024 | finance.yahoo.comTC Energy Says to Appeal Delaware Court Ruling in a Lawsuit Related to 2016 Columbia Pipeline AcquisitionMay 14, 2024 | msn.comCanada regulator tells TC Energy to further cut pressure on NGTL pipelineSee 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 4/30 Dividend3/27/2024Dividend Payable4/30/2024Last Earnings5/03/2024Ex-Dividend for 7/31 Dividend6/28/2024Today7/26/2024Dividend Payable7/31/2024Next Earnings (Confirmed)8/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas Midstream Sub-IndustryN/A Current SymbolTSE:TRP CUSIPN/A CIKN/A Webwww.transcanada.com Phone+1-403-9202000FaxN/AEmployees7,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$55.87 High Stock Price TargetC$64.00 Low Stock Price TargetC$47.00 Potential Upside/Downside-3.5%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.60 Trailing P/E Ratio22.26 Forward P/E Ratio13.82 P/E Growth0.26Net IncomeC$2.72 billion Net Margins17.31% Pretax MarginN/A Return on Equity8.37% Return on Assets3.46% Debt Debt-to-Equity Ratio163.01 Current Ratio0.94 Quick Ratio0.40 Sales & Book Value Annual SalesC$16.25 billion Price / Sales3.70 Cash FlowC$2.85 per share Price / Cash Flow20.28 Book ValueC$26.62 per share Price / Book2.17Miscellaneous Outstanding Shares1,040,000,000Free FloatN/AMarket CapC$60.18 billion OptionableNot Optionable Beta0.74 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 58)CEO, President & Director Comp: $3.34MMs. Annesley C. WallaceExecutive VP of Strategy, Corporate Development and President of Power & Energy SolutionsMr. Stanley Graham Chapman III (Age 58)Executive VP & COO of Natural Gas Pipelines Comp: $2.48MMr. Bevin Mark Wirzba M.B.A.P.Eng., Executive VP & President of Liquids PipelinesGavin WylieVice-President of Investor RelationsMr. Patrick M. KeysExecutive VP, General Counsel and Chief Compliance & Sustainability OfficerMr. Richard J. PriorPresident of Liquids Pipelines.Ms. Dawn E. de LimaExecutive Vice-President of Corporate ServicesMr. Patrick C. MuttartSenior Vice President of External RelationsMr. Greg GrantPresident of Canadian Natural Gas PipelinesMore ExecutivesKey CompetitorsEnbridgeTSE:ENBPembina PipelineTSE:PPLAltaGasTSE:ALAKeyeraTSE:KEYGibson EnergyTSE:GEIView All CompetitorsInsidersKevin B. EngelSold 546 sharesTotal: C$29,227.38 ($53.53/share)Richard PriorSold 5,000 sharesTotal: C$200,000.00 ($40.00/share)Christine R. JohnstonSold 1,330 sharesTotal: C$70,689.50 ($53.15/share)Alexis A.J. HudyBought 875 shares on 3/25/2024Total: C$48,098.75 ($54.97/share)Dawn Elizabeth De LimaBought 2,600 shares on 3/25/2024Total: C$143,104.00 ($55.04/share)View All Insider Transactions Should I Buy TC Energy Stock? TRP Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in TC Energy Co.: TC Energy has a dividend yield of 7.17%, providing investors with a steady income stream. The company's price-to-earnings ratio of 20.58 indicates a reasonable valuation compared to its earnings. Insider buying activity in the last quarter suggests confidence in the company's future performance. TC Energy's market capitalization of C$55.66 billion reflects its position as a significant player in the industry. The stock's 200-day simple moving average of C$52.43 may indicate a potential support level for investors. Cons Investors should be bearish about investing in TC Energy Co. for these reasons: The company's debt-to-equity ratio of 163.01 is relatively high, indicating a significant reliance on debt financing. TC Energy's quick ratio of 0.40 suggests potential liquidity challenges in meeting short-term obligations. The dividend payout ratio of 147.69% raises concerns about the sustainability of the current dividend payments. Recent insider selling activities, such as Director Richard Prior selling shares, may signal lack of confidence in the stock. TC Energy's beta of 0.74 indicates lower volatility compared to the market, potentially limiting upside potential for investors seeking higher returns. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these TC Energy pros and cons to contact@marketbeat.com. TRP Stock Analysis - Frequently Asked Questions How have TRP shares performed this year? TC Energy's stock was trading at C$51.76 at the beginning of 2024. Since then, TRP stock has increased by 12.1% and is now trading at C$58.04. View the best growth stocks for 2024 here. How were TC Energy's earnings last quarter? TC Energy Co. (TSE:TRP) issued its quarterly earnings results on Friday, May, 3rd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.14 by $0.10. The company earned $4.24 billion during the quarter, compared to analyst estimates of $4.26 billion. TC Energy had a net margin of 17.31% and a trailing twelve-month return on equity of 8.37%. 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. What other stocks do shareholders of TC Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that TC Energy investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Toronto-Dominion Bank (TD). 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