TSE:TRP

TC Energy Co. (TRP.TO) Stock Forecast, Price & News

C$56.57

+0.60 (+1.07 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

C$55.38

Now: C$56.57▼

C$56.58

50-Day Range

C$51.28

MA: C$55.26▼

C$59.31

52-Week Range

C$47.05

Now: C$56.57▼

C$76.58

Volume4.66 million shs

Average Volume4.88 million shs

Market CapitalizationC$53.18 billion

P/E Ratio11.96

Dividend Yield5.79%

BetaN/A

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage segments. The company builds and operates 92,600 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 of oil and liquids pipeline infrastructure 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 10 power generation facilities with a combined capacity of approximately 6,600 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, QuÃ©bec, New Brunswick and Arizona; and owns and operates approximately 118 billion cubic feet of unregulated 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 founded in 1951 and is headquartered in Calgary, Canada.

MarketRank^™

Overall MarketRank^™

1.94 out of 5 stars

3.3 Analyst's Opinion

Consensus Rating
TC Energy Co. (TRP.TO) has received a consensus rating of Buy. The company's average rating score is 2.53, and is based on 9 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$68.74, TC Energy Co. (TRP.TO) has a forecasted upside of 21.5% from its current price of C$56.57.
Amount of Analyst Coverage
TC Energy Co. (TRP.TO) has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
TC Energy Co. (TRP.TO) has received 527 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TC Energy Co. (TRP.TO) has received 452 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TC Energy Co. (TRP.TO) has received 53.83% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about TC Energy Co. (TRP.TO) and other stocks. Vote “Outperform” if you believe TRP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TRP will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
TC Energy Co. (TRP.TO) is a leading dividend payer. It pays a dividend yield of 5.79%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TC Energy Co. (TRP.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of TC Energy Co. (TRP.TO) is 67.24%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TC Energy Co. (TRP.TO) insiders have sold 465.44% more of their company's stock than they have bought. Specifically, they have bought C$194,600.00 in company stock and sold C$1,100,338.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TC Energy Co. (TRP.TO) is 11.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of TC Energy Co. (TRP.TO) is 11.96, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 27.01.
Price to Earnings Growth Ratio
TC Energy Co. (TRP.TO) has a PEG Ratio of 7.73. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TC Energy Co. (TRP.TO) has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Industrial Metals & Minerals

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:TRP

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.transcanada.com

Phone+1-403-9202000

Employees7,305

Debt

Debt-to-Equity Ratio144.88

Current Ratio0.51

Quick Ratio0.38

Price-To-Earnings

Trailing P/E Ratio11.96

Forward P/E Ratio13.53

P/E Growth7.73

Sales & Book Value

Annual SalesC$12.97 billion

Price / Sales4.10

Cash FlowC$1.66 per share

Price / Cash Flow33.99

Book ValueC$30.02 per share

Price / Book1.88

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares940,064,000

Market CapC$53.18 billion

Next Earnings Date2/11/2021 (Estimated)

OptionableOptionable

C$56.57

+0.60 (+1.07 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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TC Energy Co. (TRP.TO) (TSE:TRP) Frequently Asked Questions

How has TC Energy Co. (TRP.TO)'s stock price been impacted by Coronavirus (COVID-19)?

TC Energy Co. (TRP.TO)'s stock was trading at C$63.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TRP shares have decreased by 10.7% and is now trading at C$56.57.
View which stocks have been most impacted by COVID-19.

Is TC Energy Co. (TRP.TO) a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Energy Co. (TRP.TO) in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TC Energy Co. (TRP.TO) stock.
View analyst ratings for TC Energy Co. (TRP.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than TC Energy Co. (TRP.TO)?

Wall Street analysts have given TC Energy Co. (TRP.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TC Energy Co. (TRP.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TC Energy Co. (TRP.TO)'s next earnings date?

TC Energy Co. (TRP.TO) is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for TC Energy Co. (TRP.TO).

How were TC Energy Co. (TRP.TO)'s earnings last quarter?

TC Energy Co. (TRP.TO) (TSE:TRP) issued its quarterly earnings results on Thursday, October, 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.92 by $0.03. The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.08 billion.
View TC Energy Co. (TRP.TO)'s earnings history.

How often does TC Energy Co. (TRP.TO) pay dividends? What is the dividend yield for TC Energy Co. (TRP.TO)?

TC Energy Co. (TRP.TO) declared a quarterly dividend on Thursday, October 29th. Shareholders of record on Thursday, December 31st will be given a dividend of 0.81 per share on Friday, January 29th. This represents a $3.24 annualized dividend and a yield of 5.73%. The ex-dividend date is Wednesday, December 30th.
View TC Energy Co. (TRP.TO)'s dividend history.

Is TC Energy Co. (TRP.TO) a good dividend stock?

TC Energy Co. (TRP.TO) pays an annual dividend of C$3.18 per share and currently has a dividend yield of 5.79%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of TC Energy Co. (TRP.TO) is 67.24%. This payout ratio is at a healthy, sustainable level, below 75%.
View TC Energy Co. (TRP.TO)'s dividend history.

What price target have analysts set for TRP?

17 brokerages have issued 1 year price objectives for TC Energy Co. (TRP.TO)'s shares. Their forecasts range from C$55.00 to C$83.00. On average, they anticipate TC Energy Co. (TRP.TO)'s share price to reach C$68.74 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price.
View analysts' price targets for TC Energy Co. (TRP.TO) or view Wall Street analyst' top-rated stocks.

Who are some of TC Energy Co. (TRP.TO)'s key competitors?

Some companies that are related to TC Energy Co. (TRP.TO) include Rio Tinto Group (RIO.L) (RIO), BHP Group (BHP.L) (BHP), Glencore plc (GLEN.L) (GLEN), Anglo American plc (AAL.L) (AAL), First Quantum Minerals Ltd. (FM.TO) (FM), Teck Resources (TECK.A), Antofagasta plc (ANTO.L) (ANTO), Teck Resources (TECK.B), Ivanhoe Mines Ltd. (IVN.TO) (IVN), Fresnillo Plc (FRES.L) (FRES), Polymetal International plc (POLY.L) (POLY), BRP Inc. (DOO.TO) (DOO), South32 Limited (S32.L) (S32), Cameco Co. (CCO.TO) (CCO) and Coro Mining (COP).
View all of TRP's competitors.

What other stocks do shareholders of TC Energy Co. (TRP.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TC Energy Co. (TRP.TO) investors own include Intact Financial Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), AutoCanada Inc. (ACQ.TO) (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy Inc. (VET.TO) (VET), The Toronto-Dominion Bank (TD.TO) (TD), Wheaton Precious Metals Corp. (WPM.TO) (WPM), Rogers Communications (RCI) and Open Text Co. (OTEX.TO) (OTEX).

Who are TC Energy Co. (TRP.TO)'s key executives?

TC Energy Co. (TRP.TO)'s management team includes the following people:

Mr. Russell K. Girling B.Com., M.B.A., B.Comm., Pres, CEO & Director (Age 57, Pay $3.92M)
Mr. Donald R. Marchand, Exec. VP of Strategy & Corp. Devel. and CFO (Age 57, Pay $1.35M)
Mr. FranÃ§ois Lionel Poirier, COO & Pres of Power & Storage (Age 54, Pay $1.1M)
Mr. Stanley Graham Chapman III, Exec. VP and Pres of U.S. & Mexico Natural Gas Pipelines (Age 54, Pay $1.5M)
Mr. David Moneta, VP of Investor Relations & Financial Communications
Mr. Patrick M. Keys, EVP of Stakeholder Relations, Gen. Counsel, Chief Compliance & Sustainability Officer
Mr. Joel E. Hunter, Sr. VP of Capital Markets (Age 53)
Ms. Wendy L. Hanrahan, Exec. VP of Corp. Services (Age 62)
Mr. Shawn L. Patterson, Sr. VP of Operations - U.S. Natural Gas Pipelines (Age 46)
Ms. Tracy A. Robinson, Exec. VP, Pres of Canadian Natural Gas Pipelines & Pres Coastal Gas Link (Age 56)

What is TC Energy Co. (TRP.TO)'s stock symbol?

TC Energy Co. (TRP.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TRP."

How do I buy shares of TC Energy Co. (TRP.TO)?

Shares of TRP 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.

What is TC Energy Co. (TRP.TO)'s stock price today?

One share of TRP stock can currently be purchased for approximately C$56.57.

How big of a company is TC Energy Co. (TRP.TO)?

TC Energy Co. (TRP.TO) has a market capitalization of C$53.18 billion and generates C$12.97 billion in revenue each year. TC Energy Co. (TRP.TO) employs 7,305 workers across the globe.

What is TC Energy Co. (TRP.TO)'s official website?

The official website for TC Energy Co. (TRP.TO) is www.transcanada.com.

How can I contact TC Energy Co. (TRP.TO)?

TC Energy Co. (TRP.TO)'s mailing address is 450 1 St SW, CALGARY, AB T2P 5H1, Canada. The company can be reached via phone at +1-403-9202000.

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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