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$52.00 +0.70 (+1.36%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$50.85▼C$52.1250-Day RangeC$51.03▼C$58.1852-Week RangeC$50.70▼C$74.44Volume6.91 million shsAverage Volume5.41 million shsMarket CapitalizationC$53.04 billionP/E Ratio81.25Dividend Yield7.15%Price TargetC$62.38 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media TC Energy MarketRank™ ForecastAnalyst RatingHold2.21 Rating ScoreUpside/Downside20.0% UpsideC$62.38 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.11Based on 8 Articles This WeekInsider TradingAcquiring SharesC$300,011 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.2.53 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 2.21, and is based on 6 buy ratings, 5 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$62.38, TC Energy has a forecasted upside of 20.0% from its current price of C$52.00.Amount of Analyst CoverageTC Energy has been the subject of 5 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 7.20%, 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 581.25%. 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 3.4 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 1.11. 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 0.32 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 8 news articles for TC Energy this week, compared to 4 articles on an average week.Search InterestOnly 61 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat Follows14 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 17% 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$300,011.00 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 Institutions76.32% 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 81.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 81.25, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 87.65.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 1.68. 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 HeadlinesMarch 22, 2023 | americanbankingnews.comTC Energy Co. (TSE:TRP) Director Hejdi A. Carlsen Acquires 550 Shares of StockMarch 22, 2023 | americanbankingnews.comInsider Buying: TC Energy Co. (TSE:TRP) Director Purchases 1,300 Shares of StockMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 22, 2023 | americanbankingnews.comTC Energy Co. (TSE:TRP) Senior Officer Patrick M. Keys Purchases 1,000 SharesMarch 13, 2023 | marketwatch.comTC Energy Corp. stock rises Monday, outperforms marketMarch 9, 2023 | msn.comKeystone pipeline flows unchanged despite U.S. regulator order, TC Energy saysMarch 8, 2023 | msn.comRegulator orders TC Energy to reduce operating pressure on Keystone pipelineMarch 8, 2023 | theglobeandmail.comTC Energy to ordered to reduce operating pressure on Keystone pipelineMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 8, 2023 | msn.comTC Energy must cut pressure on Keystone pipeline system, U.S. regulator saysMarch 7, 2023 | reuters.comUS regulator seeks more corrective actions from TC Energy after Keystone spillMarch 2, 2023 | finance.yahoo.comTrade Alert: The CEO, President & Director Of TC Energy Corporation (TSE:TRP), Francois Poirier, Has Just Spent CA$358k Buying 7.3% More SharesMarch 1, 2023 | msn.comTFSA Investors: 2 Oversold TSX Dividend Stocks to Buy for Passive IncomeFebruary 17, 2023 | finance.yahoo.comTC Energy Corporation (NYSE:TRP) Q4 2022 Earnings Call TranscriptFebruary 14, 2023 | finanznachrichten.deTC Energy Corporation: TC Energy reports strong 2022 resultsFebruary 14, 2023 | theglobeandmail.comTC Energy increases dividend, reports Q4 loss due to rising costs of Coastal GasLinkFebruary 14, 2023 | theglobeandmail.comTC Energy increases dividend, reports fourth-quarter loss due to rising costs of Coastal GasLinkFebruary 14, 2023 | msn.comTC Energy swings to Q4 loss including CoastalGas Link writedownFebruary 14, 2023 | msn.comTC Energy beats fourth-quarter profit estimateFebruary 14, 2023 | finance.yahoo.comTC Energy reports strong 2022 resultsFebruary 14, 2023 | finance.yahoo.comTC Energy files 2022 annual disclosure documentsFebruary 10, 2023 | reuters.comTC Energy lifts force majeure on gas line near Ohio train derailmentFebruary 9, 2023 | msn.comTC Energy Reveals Cause of December Keystone Spill, and US$480 Million Price TagFebruary 9, 2023 | theglobeandmail.comTC Energy says combination of factors caused Keystone pipeline leakFebruary 9, 2023 | reuters.comTC Energy says stress, weld fault caused Keystone oil spillFebruary 9, 2023 | msn.comTC Energy cites stress, weld flaw for December's Keystone oil spillFebruary 3, 2023 | markets.businessinsider.comBarclays Keeps Their Hold Rating on TC Energy (TRP)See 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 Ex-Dividend for 1/31 Dividend12/29/2022Dividend Payable1/31/2023Today3/24/2023Ex-Dividend for 4/28 Dividend3/30/2023Dividend Payable4/28/2023Next Earnings (Estimated)5/05/2023Get 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$62.38 High Stock Price ForecastC$78.00 Low Stock Price ForecastC$51.00 Forecasted Upside/Downside+19.9%Consensus RatingHold Rating Score (0-4)2.21 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.64 Trailing P/E Ratio81.28 Forward P/E Ratio12.87 P/E Growth6.22Net IncomeC$641 million Net Margins4.99% Pretax MarginN/A Return on Equity2.33% Return on Assets3.51% Debt Debt-to-Equity Ratio172.38 Current Ratio0.43 Quick Ratio0.40 Sales & Book Value Annual SalesC$14.98 billion Price / Sales3.54 Cash FlowC$2.56 per share Price / Cash Flow20.28 Book ValueC$30.93 per share Price / Book1.68Miscellaneous Outstanding Shares1,020,000,000Free FloatN/AMarket CapC$53.06 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:CCOIvanhoe MinesTSE:IVNSuncor EnergyTSE:SUView 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? 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 3 sell ratings, 5 hold ratings and 6 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 forecast for 2023? 14 Wall Street research analysts have issued twelve-month price objectives for TC Energy's stock. Their TRP share price forecasts range from C$51.00 to C$78.00. On average, they anticipate the company's stock price to reach C$62.38 in the next year. This suggests a possible upside of 20.0% 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 beginning of the year. Since then, TRP stock has decreased by 3.7% and is now trading at C$52.00. 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 Friday, May 5th 2023. View our TRP earnings forecast. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy announced a quarterly dividend on Tuesday, February 14th. Stockholders of record on Friday, March 31st will be paid a dividend of 0.93 per share on Friday, April 28th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date of this dividend is Thursday, March 30th. This is a boost from the stock's previous quarterly dividend of C$0.90. 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 7.20%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 581.25%. 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$52.00. How much money does TC Energy make? TC Energy (TSE:TRP) has a market capitalization of C$53.04 billion and generates C$14.98 billion in revenue each year. The company earns C$641 million in net income (profit) each year or C$0.64 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 3/25/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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