TSE:TRP TC Energy (TRP) Stock Forecast, Price & News C$48.75 -1.38 (-2.75%) (As of 09/21/2023 ET) Add Compare Share Share Today's RangeC$48.72▼C$50.2850-Day RangeC$45.25▼C$52.2352-Week RangeC$43.70▼C$66.19Volume17.72 million shsAverage Volume6.16 million shsMarket CapitalizationC$48.75 billionP/E Ratio54.17Dividend Yield7.63%Price TargetC$56.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media TC Energy MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside16.4% UpsideC$56.75 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.25Based on 11 Articles This WeekInsider TradingAcquiring SharesC$235,968 Bought 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.2.86 out of 5 stars 3.1 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$56.75, TC Energy has a forecasted upside of 16.4% from its current price of C$48.75.Amount of Analyst CoverageTC Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. 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 7.34%, 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 413.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRP. Previous Next 3.5 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 1.25. 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 0.52 average news sentiment score 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 InterestOnly 39 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -66% compared to the previous 30 days.MarketBeat Follows21 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have bought 671.01% more of their company's stock than they have sold. Specifically, they have bought C$235,968.00 in company stock and sold C$30,605.00 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 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 54.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.71.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 54.17, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 109.33.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 1.60. 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 (TSE:TRP) StockTC 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRP Stock News HeadlinesSeptember 22, 2023 | americanbankingnews.comFY2023 EPS Estimates for TC Energy Co. (TSE:TRP) Increased by AnalystSeptember 21, 2023 | americanbankingnews.comTC Energy Co. (TSE:TRP) to Post Q3 2023 Earnings of $1.18 Per Share, Zacks Research ForecastsSeptember 22, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 19, 2023 | americanbankingnews.comTC Energy (TSE:TRP) Stock Price Crosses Below 200-Day Moving Average of $52.53September 15, 2023 | finance.yahoo.comTC Energy announces completion of Bruce Power’s Major Component Replacement Unit 6, On Budget and Ahead of ScheduleSeptember 6, 2023 | msn.comHigh-Yield Investors: Should You Buy TC Energy Stock Now?September 5, 2023 | msn.comTC Energy: Growth Business Strategy And Attractive 7.5% Dividend Yield Make Stock AppealingSeptember 3, 2023 | investing.comTC Energy Corp Pref Series 9 (TRP_pe)September 22, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 26, 2023 | finance.yahoo.comTC Energy (TSE:TRP) investors are sitting on a loss of 22% if they invested a year agoAugust 21, 2023 | msn.comHere’s How TC Energy Can Afford to Pay You a 7.7% DividendAugust 19, 2023 | finance.yahoo.comUPDATE 1-British Columbia on high alert as wildfires force emergency, disrupt main highwayAugust 17, 2023 | msn.comIs TC Energy Stock a Buy Now for its 7.7% Dividend Yield?August 16, 2023 | msn.comTC Energy: A High Yield And Growing Dividend Pipeline PlayAugust 10, 2023 | markets.businessinsider.comCredit Suisse Reaffirms Their Hold Rating on TC Energy (TRP)August 10, 2023 | forbes.comTC Energy Initiates Plan To Spin-Off Liquids Pipeline Business To Create ValueAugust 6, 2023 | theglobeandmail.comWhy selling TC Energy now would be a mistakeAugust 4, 2023 | theglobeandmail.comTC Energy has a plan for recovery. Here’s why investors should pay attentionAugust 3, 2023 | msn.comTC Energy (TRP) Price Target Decreased by 6.55% to 42.60August 3, 2023 | finance.yahoo.comZacks Industry Outlook Highlights TC Energy, Excelerate Energy and Enlight Renewable EnergyJuly 28, 2023 | msn.comTC Energy tumbles on pipeline spinoff plan; BMO, TD analysts downgradeJuly 28, 2023 | msn.comTC Energy announces spin off of liquids pipelines businessJuly 28, 2023 | markets.businessinsider.comAnalysts Conflicted on These NA Names: Northern Oil And Gas (NOG), TC Energy (TRP) and Valero Energy (VLO)July 28, 2023 | markets.businessinsider.comBarclays Sticks to Its Hold Rating for TC Energy (TRP)July 28, 2023 | reuters.comTC Energy to spin off oil pipeline businessJuly 28, 2023 | msn.comTC Energy (TRP) Q2 Earnings Miss EstimatesJuly 28, 2023 | finance.yahoo.comTC Energy to unlock value by creating two premium energy infrastructure companies with intention to spin off Liquids Pipelines businessSee 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 TRP Company Calendar Ex-Dividend for 7/31 Dividend6/29/2023Last Earnings7/27/2023Dividend Payable7/31/2023Today9/21/2023Ex-Dividend for 10/31 Dividend9/28/2023Dividend Payable10/31/2023Next Earnings (Estimated)11/08/2023Get 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 ForecastC$56.75 High Stock Price ForecastC$64.00 Low Stock Price ForecastC$50.00 Forecasted Upside/Downside+16.4%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.90 Trailing P/E Ratio54.17 Forward P/E Ratio11.69 P/E Growth0.7Net IncomeC$957 million Net Margins6.71% Pretax MarginN/A Return on Equity3.23% Return on Assets3.66% Debt Debt-to-Equity Ratio180.84 Current Ratio0.61 Quick Ratio0.40 Sales & Book Value Annual SalesC$15.60 billion Price / Sales3.13 Cash FlowC$2.40 per share Price / Cash Flow20.28 Book ValueC$30.46 per share Price / Book1.60Miscellaneous Outstanding Shares1,000,000,000Free FloatN/AMarket CapC$48.75 billion OptionableOptionable Beta0.85 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 57)CEO, Pres & Director Comp: $2.68MMr. Joel E. Hunter (Age 56)Exec. VP & CFO Comp: $1.09MMr. Stanley Graham Chapman III (Age 57)Exec. VP & COO of Natural Gas Pipelines Comp: $2.2MMr. Bevin Mark Wirzba M.B.A.MBA, P.Eng., Exec. VP, Group Pres, Liquids Pipelines & Coastal GasLinkGavin WylieVice-Pres of Investor RelationsMr. Patrick M. KeysExec. VP, Gen. Counsel and Chief Compliance & Sustainability OfficerMs. Annesley WallaceExec. VP of Strategy, Corp. Devel. and Pres of Power & Energy SolutionsMr. Richard J. PriorPres of Liquids Pipelines.Ms. Tracy A. Robinson (Age 59)Exec. Advisor Ms. Dawn E. de LimaExec. Vice-Pres of Corp. ServicesMore ExecutivesKey CompetitorsPembina PipelineTSE:PPLEnbridgeTSE:ENBCenovus EnergyTSE:CVEImperial OilTSE:IMOSuncor EnergyTSE:SUView All CompetitorsInsidersUna 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)Kevin B. EngelBought 138 shares on 3/20/2023Total: C$7,114.29 ($51.55/share)Richard PriorBought 1,300 shares on 3/15/2023Total: C$47,970.00 ($36.90/share)View All Insider Transactions TRP Stock - Frequently Asked Questions Should I buy or sell TC Energy stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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? 12 Wall Street analysts have issued 12-month price targets for TC Energy's shares. Their TRP share price forecasts range from C$50.00 to C$64.00. On average, they expect the company's stock price to reach C$56.75 in the next twelve months. This suggests a possible upside of 16.4% 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 at the start of the year. Since then, TRP shares have decreased by 9.7% and is now trading at C$48.75. 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 Wednesday, November 8th 2023. View our TRP earnings forecast. How were TC Energy's earnings last quarter? TC Energy Co. (TSE:TRP) posted its earnings results on Thursday, July, 27th. The company reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by $0.01. The company earned $3.83 billion during the quarter, compared to analyst estimates of $3.65 billion. TC Energy had a trailing twelve-month return on equity of 3.23% and a net margin of 6.71%. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy declared a quarterly dividend on Thursday, July 27th. Stockholders of record on Friday, September 29th will be given a dividend of 0.93 per share on Tuesday, October 31st. This represents a $3.72 annualized dividend and a dividend yield of 7.63%. The ex-dividend date is Thursday, September 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 7.34%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 413.33%. Payout ratios above 75% are not desirable because they may not be sustainable. 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). What is TC Energy's stock symbol? TC Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TRP." 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 is TC Energy's stock price today? One share of TRP stock can currently be purchased for approximately C$48.75. How much money does TC Energy make? TC Energy (TSE:TRP) has a market capitalization of C$48.75 billion and generates C$15.60 billion in revenue each year. The company earns C$957 million in net income (profit) each year or C$0.90 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 1 St SW, CALGARY, AB T2P 5H1, Canada. The official website for the company is www.transcanada.com. The company can be reached via phone at +1-403-9202000. This page (TSE:TRP) was last updated on 9/22/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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