TSE:TRP TC Energy (TRP) Stock Forecast, Price & News C$55.23 +1.51 (+2.81%) (As of 06/2/2023 ET) Add Compare Share Share Today's RangeC$53.97▼C$55.3650-Day RangeC$52.44▼C$56.7652-Week RangeC$50.70▼C$74.44Volume5.46 million shsAverage Volume5.73 million shsMarket CapitalizationC$55.23 billionP/E Ratio35.18Dividend Yield6.74%Price TargetC$61.66 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media TC Energy MarketRank™ ForecastAnalyst RatingHold2.45 Rating ScoreUpside/Downside11.6% UpsideC$61.66 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.93Based on 3 Articles This WeekInsider TradingAcquiring SharesC$92,828 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.2.36 out of 5 stars 2.2 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 6 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$61.66, TC Energy has a forecasted upside of 11.6% from its current price of C$55.23.Amount of Analyst CoverageTC Energy has received no research coverage 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 6.87%, 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 236.94%. 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 2.2 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.93. 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 0.47 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for TC Energy this week, compared to 5 articles on an average week.Search InterestOnly 22 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 1 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% 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 more of their company's stock than they have sold. Specifically, they have bought C$92,828.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 0.06% of the stock of TC Energy is held by insiders.Percentage Held by Institutions77.61% 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 35.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.58.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 35.18, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 90.71.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 0.77. 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 1.76. 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 HeadlinesJune 3, 2023 | ca.finance.yahoo.comRRSP Wealth: 2 Great Canadian Dividend Stocks to Buy in June 2023May 30, 2023 | msn.comAlberta election: Support for energy decarbonization in question after UCP winJune 4, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 30, 2023 | msn.comTC Energy's U.S.-Mexico North Baja pipeline expansion gets regulator's OKMay 26, 2023 | msn.comTFSA Investment Strategies: 2 TSX Stocks to Add to Your Watch ListMay 25, 2023 | americanbankingnews.comAnalysts Set TC Energy Co. (TSE:TRP) PT at C$61.66May 24, 2023 | msn.comHow Much to Invest to Get $1,500 in Dividends Every QuarterMay 23, 2023 | americanbankingnews.comBrokers Set Expectations for TC Energy Co.'s Q2 2023 Earnings (TSE:TRP)June 4, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 21, 2023 | fool.comTc Energy (NYSE: TRP)May 19, 2023 | americanbankingnews.comTC Energy (TSE:TRP) Price Target Raised to C$60.00May 5, 2023 | americanbankingnews.comTC Energy Co. (TSE:TRP) to Post FY2023 Earnings of $4.32 Per Share, National Bank Financial ForecastsMay 4, 2023 | theglobeandmail.comLoblaw strikes deal with TC Energy to power all Alberta operations with renewablesMay 3, 2023 | finance.yahoo.comTC Energy announces 2023 annual meeting Board of Directors election resultsMay 3, 2023 | finance.yahoo.comTC Energy announces 2023 annual meeting Board of Directors election resultsMay 3, 2023 | americanbankingnews.comTC Energy (TSE:TRP) Price Target Increased to C$60.00 by Analysts at UBS GroupMay 1, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Industrial Goods Stocks: Carlisle Companies (CSL), TC Energy (TRP) and Exco Technologies (OtherEXCOF)April 30, 2023 | americanbankingnews.comTC Energy Co. (TSE:TRP) Receives C$62.50 Average PT from AnalystsApril 29, 2023 | finance.yahoo.comMississippi gas pipeline operator lifts contract suspension after repairsApril 29, 2023 | finance.yahoo.comPipeline restores gas flow after lightning-sparked infernoApril 28, 2023 | msn.comTC Energy Q1 Earnings Strong On High Demand Across Assets, Guidance ReiteratedApril 28, 2023 | reuters.comTC Energy declares force majeure after Columbia Gulf pipe fire in MississippiApril 28, 2023 | msn.comTC Energy scores Q1 earnings topper as U.S. natural gas pipeline surgesApril 28, 2023 | msn.comPipeline company TC Energy reports first-quarter profit up from year agoApril 28, 2023 | theglobeandmail.comTC Energy tops first-quarter profit estimates on strong demandApril 28, 2023 | finance.yahoo.comTC Energy reports strong first quarter 2023 resultsApril 28, 2023 | msn.comTC Energy beats profit estimates on strong demandSee More Headlines TRP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRP Company Calendar Ex-Dividend for 4/28 Dividend3/30/2023Dividend Payable4/28/2023Today6/04/2023Ex-Dividend for 7/31 Dividend6/29/2023Next Earnings (Estimated)7/27/2023Dividend Payable7/31/2023Get 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$61.66 High Stock Price ForecastC$68.00 Low Stock Price ForecastC$52.00 Forecasted Upside/Downside+11.6%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.57 Trailing P/E Ratio35.18 Forward P/E Ratio13.31 P/E Growth0.77Net IncomeC$1.60 billion Net Margins11.00% Pretax MarginN/A Return on Equity5.11% Return on Assets3.61% Debt Debt-to-Equity Ratio183.26 Current Ratio0.74 Quick Ratio0.40 Sales & Book Value Annual SalesC$15.40 billion Price / Sales3.59 Cash FlowC$2.72 per share Price / Cash Flow20.28 Book ValueC$31.35 per share Price / Book1.76Miscellaneous Outstanding Shares1,000,000,000Free FloatN/AMarket CapC$55.23 billion OptionableOptionable Beta0.87 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.BFirst Quantum MineralsTSE:FMCamecoTSE:CCOSuncor EnergyTSE:SUNewmontTSE:NGTView All CompetitorsInsidersJessica 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)Hejdi A. CarlsenBought 550 shares on 3/10/2023Total: C$29,584.50 ($53.79/share)Patrick M. KeysBought 1,000 shares on 2/17/2023Total: C$56,851.00 ($56.85/share)View All Insider Transactions TRP Stock - Frequently Asked Questions Should I buy or sell TC Energy stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 6 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? 11 equities research analysts have issued 1 year price objectives for TC Energy's shares. Their TRP share price forecasts range from C$52.00 to C$68.00. On average, they expect the company's share price to reach C$61.66 in the next year. This suggests a possible upside of 11.6% 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 at the start of the year. Since then, TRP shares have increased by 2.3% and is now trading at C$55.23. 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 Thursday, July 27th 2023. View our TRP earnings forecast. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy declared a quarterly dividend on Friday, April 28th. Stockholders of record on Friday, June 30th will be given a dividend of 0.93 per share on Monday, July 31st. This represents a $3.72 annualized dividend and a dividend yield of 6.74%. The ex-dividend date of this dividend is Thursday, June 29th. Read our dividend analysis for TRP. Is TC Energy a good dividend stock? TC Energy (TSE:TRP) pays an annual dividend of C$3.72 per share and currently has a dividend yield of 6.87%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 236.94%. 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$55.23. How much money does TC Energy make? TC Energy (TSE:TRP) has a market capitalization of C$55.23 billion and generates C$15.40 billion in revenue each year. The company earns C$1.60 billion in net income (profit) each year or C$1.57 on an earnings per share basis. 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 6/4/2023 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. 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