TSE:TRP TC Energy - TRP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. C$54.80 -2.53 (-4.41%) (As of 02/1/2023 10:16 AM ET) Add Compare Share Share Today's RangeC$54.46▼C$56.4550-Day RangeC$52.33▼C$65.9752-Week RangeC$52.12▼C$74.44Volume1.21 million shsAverage Volume5.14 million shsMarket CapitalizationC$54.80 billionP/E Ratio16.86Dividend Yield6.26%Price TargetC$64.37 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media TC Energy MarketRank™ ForecastAnalyst RatingHold2.06 Rating ScoreUpside/Downside12.3% UpsideC$64.37 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.27Based on 13 Articles This WeekInsider TradingAcquiring SharesC$150,332 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.2.16 out of 5 stars 3.0 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 4 buy ratings, 10 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$64.37, TC Energy has a forecasted upside of 12.3% from its current price of C$57.33.Amount of Analyst CoverageTC Energy has been the subject of 7 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 6.26%, 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 109.85%. 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 2.4 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.27. 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 Basic Materials companies.News Coverage This WeekMarketBeat has tracked 13 news articles for TC Energy this week, compared to 3 articles on an average week.Search Interest54 people have searched for TRP on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have bought 8.17% more of their company's stock than they have sold. Specifically, they have bought C$150,332.00 in company stock and sold C$138,981.00 in company stock. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 17.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.52.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 17.64, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 89.85.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 6.22. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTC Energy has a P/B Ratio of 1.74. 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 Storage. The company builds and operates 93,300 km network 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 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. 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 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 Stock News HeadlinesFebruary 1, 2023 | ca.finance.yahoo.comTC Energy raises expected cost of Coastal GasLink project to $14.5 billionFebruary 1, 2023 | msn.comTC Energy raises Coastal GasLink cost estimate to C$14.5BFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.February 1, 2023 | ca.finance.yahoo.comTC Energy raises Coastal GasLink pipeline costs by 30% to over $10 billionFebruary 1, 2023 | finance.yahoo.comUPDATE 2-TC Energy raises Coastal GasLink pipeline costs by 30% to over $10 blnJanuary 31, 2023 | americanbankingnews.comTC Energy Co. (TSE:TRP) Expected to Earn FY2023 Earnings of $4.27 Per ShareJanuary 28, 2023 | americanbankingnews.comTC Energy (TSE:TRP) Price Target Lowered to C$56.00 at National BanksharesJanuary 28, 2023 | americanbankingnews.comTC Energy (TSE:TRP) PT Lowered to C$66.00February 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 27, 2023 | seekingalpha.comTRP TC Energy CorporationJanuary 27, 2023 | nasdaq.comWill TC Energy (TRP) Beat Estimates Again in Its Next Earnings Report?January 24, 2023 | finance.yahoo.comTC Energy to issue fourth quarter 2022 results on Feb. 14January 15, 2023 | theglobeandmail.comTC Energy: Top 25 Undervalued Toronto Stock Exchange Stocks (TRP)January 12, 2023 | markets.businessinsider.comRBC Capital Sticks to Their Buy Rating for TC Energy (TRP)January 12, 2023 | nasdaq.comTC Energy's Preferred Shares, Series 7 Yield Pushes Past 6%January 12, 2023 | seekingalpha.comTC Energy: Upcoming Earnings Call Should Be Key CatalystJanuary 11, 2023 | finance.yahoo.comUPDATE 2-Mexican president ready to meet Canadian power firms over disputeJanuary 11, 2023 | seekingalpha.comTC Energy, EPA agree to clean up Keystone pipeline oil spill in KansasDecember 29, 2022 | finance.yahoo.comKeystone Pipeline to Fully Restart After Oil Spill, RepairsDecember 29, 2022 | finance.yahoo.comOil Set for Yearly Gain as Investors Look Ahead to China ReboundDecember 29, 2022 | msn.comCanada Stock Pickers Do Some Late Holiday Bargain Buying; TC Energy Restarts Keystone PipelineDecember 29, 2022 | theglobeandmail.comTC Energy restarts Keystone pipeline extension after oil leak repairsDecember 29, 2022 | finance.yahoo.comTC Energy says Keystone Pipeline operational to all delivery pointsDecember 29, 2022 | finance.yahoo.comTC Energy says Keystone pipeline returns to serviceDecember 29, 2022 | finance.yahoo.comUPDATE 1-TC Energy says Keystone pipeline returns to serviceDecember 24, 2022 | theglobeandmail.comTC Energy: Top 10 Undervalued Large Cap Stocks on TSX (TRP)December 23, 2022 | msn.comTC Energy Receives Regulatory Approval to Restart Steele-Cushing Keystone SegmentSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Last Earnings11/09/2022Ex-Dividend for 1/31 Dividend12/29/2022Dividend Payable1/31/2023Today2/01/2023Next Earnings (Confirmed)2/14/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Industrial Metals & Minerals Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:TRP CUSIPN/A CIKN/A Webwww.transcanada.com Phone+1-403-9202000FaxN/AEmployees7,017Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$64.37 High Stock Price ForecastC$78.00 Low Stock Price ForecastC$55.00 Forecasted Upside/Downside+17.5%Consensus RatingHold Rating Score (0-4)2.06 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio16.86 Forward P/E Ratio12.80 P/E Growth6.22Net IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio164.17 Current Ratio0.53 Quick Ratio0.40 Sales & Book Value Annual SalesC$14.60 billion Price / Sales3.75 Cash FlowC$2.70 per share Price / Cash Flow20.28 Book ValueC$32.88 per share Price / Book1.67Miscellaneous Outstanding Shares1,000,000,000Free FloatN/AMarket CapC$54.80 billion OptionableOptionable BetaN/A Key ExecutivesMr. Francois Lionel Poirier (Age 56)CEO, Pres & Director Comp: $2.17MMr. Joel E. Hunter (Age 55)Exec. VP & CFO Comp: $824.15kMr. Bevin Mark Wirzba M.B.A.MBA, P.Eng., EVP of Strategy & Corp. Dev. and Group Exec. of Canadian Natural Gas & Liquids PipelinesMr. Stanley Graham Chapman III (Age 56)Exec. VP and Group Exec. of U.S. & Mexico Natural Gas Pipelines Comp: $1.55MMs. Tracy A. Robinson (Age 58)Exec. Advisor Comp: $1.22MMr. Jawad A. MasudSr. Vice-Pres of Technical CentreGavin WylieVice-Pres of Investor RelationsMr. Patrick M. KeysExec. VP, Gen. Counsel and Chief Compliance & Sustainability OfficerMr. Richard J. PriorPres of Liquids Pipelines.Mr. Shawn L. Patterson (Age 48)Sr. VP of Operations - U.S. Natural Gas Pipelines More ExecutivesKey CompetitorsTeck ResourcesTSE:TECK.ATeck ResourcesTSE:TECK.BFirst Quantum MineralsTSE:FMCamecoTSE:CCOIvanhoe MinesTSE:IVNView All CompetitorsInsiders & InstitutionsRobert C. JacobucciBought 2,800 shares on 12/29/2022Total: C$150,332.00 ($53.69/share)Mark YeomansSold 430 sharesTotal: C$25,124.90 ($58.43/share)Robert C. JacobucciSold 1,750 sharesTotal: C$113,855.88 ($65.06/share)Mark YeomansSold 1,200 sharesTotal: C$69,648.00 ($58.04/share)Kevin B. EngelBought 135 shares on 9/26/2022Total: C$8,009.90 ($59.33/share)View All Insider Transactions TRP Stock - Frequently Asked Questions Should I buy or sell TC Energy stock right now? 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 3 sell ratings, 10 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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? 17 Wall Street research analysts have issued 12 month price objectives for TC Energy's stock. Their TRP share price forecasts range from C$55.00 to C$78.00. On average, they predict the company's share price to reach C$64.37 in the next year. This suggests a possible upside of 12.3% 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 stock has increased by 6.2% and is now trading at C$57.33. 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 14th 2023. View our TRP earnings forecast. How were TC Energy's earnings last quarter? TC Energy Co. (TSE:TRP) released its earnings results on Wednesday, November, 9th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.04. The firm earned $3.80 billion during the quarter. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy declared a quarterly dividend on Wednesday, November 9th. Stockholders of record on Friday, December 30th will be given a dividend of 0.90 per share on Tuesday, January 31st. This represents a $3.60 annualized dividend and a dividend yield of 6.28%. The ex-dividend date of this dividend is Thursday, December 29th. Read our dividend analysis for TRP. Is TC Energy a good dividend stock? TC Energy (TSE:TRP) pays an annual dividend of C$3.57 per share and currently has a dividend yield of 6.26%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 109.85%. 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), Wheaton Precious Metals (WPM), 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$57.33. How much money does TC Energy make? TC Energy (TSE:TRP) has a market capitalization of C$57.33 billion and generates C$14.60 billion in revenue each year. How many employees does TC Energy have? The company employs 7,017 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 2/1/2023 by MarketBeat.com Staff 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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