TSE:TRP

TC Energy Stock Forecast, Price & News

C$58.68

-0.48 (-0.81 %)

(As of 04/9/2021 12:00 AM ET)

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Today's Range

C$58.48

Now: C$58.68▼

C$59.20

50-Day Range

C$53.30

MA: C$57.42▼

C$60.05

52-Week Range

C$50.61

Now: C$58.68▼

C$67.89

Volume2.68 million shs

Average Volume5.05 million shs

Market CapitalizationC$57.40 billion

P/E Ratio12.38

Dividend Yield5.85%

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 93,400 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 4,200 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, QuÃ©bec, 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.

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

Employees7,500

Year FoundedN/A

Debt

Debt-to-Equity Ratio149.71

Current Ratio0.43

Quick Ratio0.34

Price-To-Earnings

Trailing P/E Ratio12.38

Forward P/E Ratio13.43

P/E Growth7.48

Sales & Book Value

Annual SalesC$13.00 billion

Price / Sales4.42

Cash FlowC$1.82 per share

Price / Cash Flow32.28

Book ValueC$29.17 per share

Price / Book2.01

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares978,220,000

Market CapC$57.40 billion

Next Earnings Date5/7/2021 (Estimated)

OptionableOptionable

Headlines

TC Energy (TSE:TRP) Stock Price Crosses Above 200-Day Moving Average of $56.04
April 8, 2021 | americanbankingnews.com

TC Energy: Buy On The Dips For Higher-Than-Average Income
April 2, 2021 | seekingalpha.com

TSX Ends Flat After Slightly Volatile Session
March 31, 2021 | nasdaq.com

TC Energy (TSE:TRP) Shares Cross Above Two Hundred Day Moving Average of $56.10
March 31, 2021 | americanbankingnews.com

TC Energy Stock Is Estimated To Be Fairly Valued
March 30, 2021 | finance.yahoo.com

Keystone XL Pipeline: What happened to two small South Dakota towns after Biden dropped the pipeline permit
March 26, 2021 | msn.com

What happened to two small South Dakota towns after Biden revoked the Keystone pipeline permit
March 26, 2021 | msn.com

Did You Participate In Any Of TC Energy's (TSE:TRP) Respectable 44% Return?
March 24, 2021 | finance.yahoo.com

TC Energy Co. (TSE:TRP) Senior Officer Purchases C$1,116,692.36 in Stock
March 23, 2021 | americanbankingnews.com

Houston-based LNG company Annova terminates Brownsville project
March 22, 2021 | bizjournals.com

2 Top Canadian Dividend Stocks to Buy in an Expensive Market
March 22, 2021 | ca.finance.yahoo.com

TC Energy Co. (TSE:TRP) Receives Average Rating of "Buy" from Brokerages
March 21, 2021 | americanbankingnews.com

Insider Buying: TC Energy Co. (TSE:TRP) Director Acquires 200 Shares of Stock
March 21, 2021 | americanbankingnews.com

Why Is TC Energy (TRP) Up 1.6% Since Last Earnings Report?
March 20, 2021 | finance.yahoo.com

TC Energy (TSE:TRP) Stock Rating Reaffirmed by Tudor Pickering
March 18, 2021 | americanbankingnews.com

TC Energy (TSE:TRP) Given a C$16.00 Price Target at Tudor Pickering & Holt
March 18, 2021 | americanbankingnews.com

TRP November 19th Options Begin Trading
March 18, 2021 | nasdaq.com

TC Energy Co. (TSE:TRP) Senior Officer Donald R. Marchand Purchases 500 Shares
March 17, 2021 | americanbankingnews.com

Raymond James Raises TC Energy (TSE:TRP) Price Target to C$70.00
March 17, 2021 | americanbankingnews.com

TC Energy announces closing of $500 million subordinated notes offering by TransCanada Trust
March 4, 2021 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

2.13 out of 5 stars

3.4 Analyst's Opinion

Consensus Rating
TC Energy has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$68.78, TC Energy has a forecasted upside of 17.2% from its current price of C$58.68.
Amount of Analyst Coverage
TC Energy 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 has received 542 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TC Energy has received 461 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TC Energy has received 54.04% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about TC Energy 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 is a leading dividend payer. It pays a dividend yield of 5.85%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TC Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of TC Energy is 68.35%. This payout ratio is at a healthy, sustainable level, below 75%.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TC Energy insiders have bought 7.92% more of their company's stock than they have sold. Specifically, they have bought C$1,630,987.00 in company stock and sold C$1,511,270.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TC Energy is 12.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of TC Energy is 12.38, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 26.96.
Price to Earnings Growth Ratio
TC Energy has a PEG Ratio of 7.48. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TC Energy has a P/B Ratio of 2.01. 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

C$58.68

-0.48 (-0.81 %)

(As of 04/9/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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TC Energy (TSE:TRP) Frequently Asked Questions

Is TC Energy a buy right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TC Energy stock.
View analyst ratings for TC Energy or view top-rated stocks.

What stocks does MarketBeat like better than TC Energy?

Wall Street analysts have given TC Energy 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 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's next earnings date?

TC Energy is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for TC Energy.

How were TC Energy's earnings last quarter?

TC Energy Co. (TSE:TRP) released its quarterly earnings data on Thursday, February, 18th. The company reported $1.15 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.00 by $0.15. The business earned $3.30 billion during the quarter.
View TC Energy's earnings history.

How has TC Energy's stock price been impacted by COVID-19?

TC Energy's stock was trading at C$63.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TRP shares have decreased by 7.4% and is now trading at C$58.68.
View which stocks have been most impacted by COVID-19.

How often does TC Energy pay dividends? What is the dividend yield for TC Energy?

TC Energy declared a quarterly dividend on Thursday, February 18th. Shareholders of record on Wednesday, March 31st will be given a dividend of 0.87 per share on Friday, April 30th. This represents a $3.48 annualized dividend and a yield of 5.93%. The ex-dividend date of this dividend is Tuesday, March 30th. This is a positive change from TC Energy's previous quarterly dividend of C$0.81.
View TC Energy's dividend history.

Is TC Energy a good dividend stock?

TC Energy pays an annual dividend of C$3.24 per share and currently has a dividend yield of 5.85%. 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 is 68.35%. This payout ratio is at a healthy, sustainable level, below 75%.
View TC Energy's dividend history.

What price target have analysts set for TRP?

16 equities research analysts have issued 12-month target prices for TC Energy's stock. Their forecasts range from C$62.00 to C$75.00. On average, they expect TC Energy's stock price to reach C$68.78 in the next year. This suggests a possible upside of 17.2% from the stock's current price.
View analysts' price targets for TC Energy or view top-rated stocks among Wall Street analysts.

Who are TC Energy's key executives?

TC Energy's management team includes the following people:

Mr. Francois Lionel Poirier, CEO, Pres & Director (Age 55, Pay $1.1M)
Mr. Donald R. Marchand, Exec. VP of Strategy & Corp. Devel. and CFO (Age 58, Pay $1.35M)
Mr. Russell K. Girling B.Com., M.B.A., B.Comm., Exec. Officer (Age 58, Pay $3.92M)
Mr. Stanley Graham Chapman III, Exec. VP and Pres of U.S. & Mexico Natural Gas Pipelines (Age 55, 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 54)
Ms. Wendy L. Hanrahan, Exec. VP & Sr. Advisor (Age 63)
Mr. Shawn L. Patterson, Sr. VP of Operations - U.S. Natural Gas Pipelines (Age 47)
Ms. Tracy A. Robinson, Exec. VP, Pres of Canadian Natural Gas Pipelines & Pres Coastal Gas Link (Age 57)

Who are some of TC Energy's key competitors?

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

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), The Toronto-Dominion Bank (TD), Wheaton Precious Metals Corp. (WPM.TO) (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 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$58.68.

How much money does TC Energy make?

TC Energy has a market capitalization of C$57.40 billion and generates C$13.00 billion in revenue each year.

How many employees does TC Energy have?

TC Energy employs 7,500 workers across the globe.

What is TC Energy's official website?

The official website for TC Energy is www.transcanada.com.

Where are TC Energy's headquarters?

TC Energy is headquartered at 450 1 St SW, CALGARY, AB T2P 5H1, Canada.

How can I contact TC Energy?

TC Energy'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 4/10/2021 by MarketBeat.com Staff

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