TSE:TRP TC Energy (TRP) Stock Price, News & Analysis → Bigger Than NVIDIA? (From Behind the Markets) (Ad) Free TRP Stock Alerts C$52.45 -0.80 (-1.50%) (As of 06/17/2024 ET) Add Compare Share Share Today's RangeC$52.42▼C$53.1150-Day RangeC$48.31▼C$54.8952-Week RangeC$43.70▼C$55.28Volume11.03 million shsAverage Volume5.97 million shsMarket CapitalizationC$54.55 billionP/E Ratio20.17Dividend Yield7.32%Price TargetC$54.94 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get TC Energy alerts: Email Address TC Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.36 Rating ScoreUpside/Downside4.7% UpsideC$54.94 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.47Based on 10 Articles This WeekInsider TradingBalancedInsiders Both Buying and SellingProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.47 out of 5 stars 1.2 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageTC Energy has only been the subject of 2 research reports in the past 90 days.Read more about TC Energy's stock forecast and price target. 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 7.31%, 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 147.69%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about TC Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRP. Previous Next 2.5 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.47. 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 Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for TC Energy this week, compared to 3 articles on an average week.Search Interest36 people have searched for TRP on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought C$248,569.00 in company stock and sold C$270,690.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.Percentage Held by InsidersOnly 0.04% of the stock of TC Energy is held by insiders.Percentage Held by Institutions83.07% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about TC Energy's insider trading history. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 20.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.23.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 20.17, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 201.21.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 0.26. 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 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about TC Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsRadical change coming — do this NOW to protect yourselfI recently uncovered a way the government could use the next crisis as a pretext to gain more control … and radically change life in America as we know it today. And a Draconian set of technologies that could impose a new kind of financial surveillance in America. Click here to learn more. About TC Energy Stock (TSE:TRP)TC 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 Energy Solutions. The company builds and operates a network of 93,600 kilometers 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 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. 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.Read More TRP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRP Stock News HeadlinesJune 11, 2024 | insidertrades.comInsider Selling: TC Energy Co. (TSE:TRP) Director Sells 5,000 Shares of StockMay 22, 2024 | insidertrades.comTC Energy Co. (TSE:TRP) Senior Officer Sells C$70,689.50 in StockJune 14 at 6:38 AM | americanbankingnews.comZacks Research Research Analysts Boost Earnings Estimates for TC Energy Co. (TSE:TRP)June 13, 2024 | americanbankingnews.comZacks Research Analysts Decrease Earnings Estimates for TC Energy Co. (TSE:TRP)June 12, 2024 | americanbankingnews.comTC Energy Co. (TSE:TRP) Director Richard Prior Sells 5,000 SharesMay 28, 2024 | theglobeandmail.comTC Energy: Top 25 Undervalued S&P/TSX Composite Index Stocks (TRP)May 16, 2024 | msn.comTC Energy to appeal $199M payment ruling in Columbia Pipeline deal caseMay 15, 2024 | theglobeandmail.comTC Energy to appeal court rulings in lawsuit related to Columbia Pipeline dealMay 15, 2024 | finance.yahoo.comTC Energy Says to Appeal Delaware Court Ruling in a Lawsuit Related to 2016 Columbia Pipeline AcquisitionMay 14, 2024 | msn.comCanada regulator tells TC Energy to further cut pressure on NGTL pipelineMay 8, 2024 | seekingalpha.comWhy 7.5%-Yielding TC Energy Is A Compelling Investment For Value Investors?May 6, 2024 | finance.yahoo.comTC Energy First Quarter 2024 Earnings: EPS: CA$1.16 (vs CA$1.29 in 1Q 2023)May 4, 2024 | finance.yahoo.comTC Energy Corporation (NYSE:TRP) Q1 2024 Earnings Call TranscriptApril 26, 2024 | msn.comBest Dividend Stock to Buy for Passive-Income Investors: BCE vs. TC EnergyApril 23, 2024 | msn.comTC Energy Stock: An Undervalued 7.8% Dividend StockApril 19, 2024 | msn.comTC Energy reduces pressure on pipeline segment as rupture investigation continuesApril 18, 2024 | markets.businessinsider.comBarclays Reaffirms Their Hold Rating on TC Energy (TRP)April 16, 2024 | msn.comCanada to give Indigenous groups loan guarantees for resource projectsApril 16, 2024 | msn.comTC Energy responding to pipeline incident near Edson, Alta.April 15, 2024 | markets.businessinsider.comTC Energy (TRP) Receives a Sell from Goldman SachsApril 15, 2024 | msn.comBargain Hunters: TRP Stock is the Best Dividend Deal Around!April 15, 2024 | seekingalpha.comTC Energy Floating Preferred Shares: Double-Digit Yield With Relatively Low RiskApril 9, 2024 | msn.comRRSP Wealth: 2 Top TSX Dividend Stocks to Buy for 2024April 4, 2024 | seekingalpha.comEnbridge Preferred Shares: Prime Investment OpportunityApril 4, 2024 | msn.comMay startup of Trans Mountain oil pipeline expansion surprises analystsSee More Headlines 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 Company Calendar Ex-Dividend for 4/30 Dividend3/27/2024Dividend Payable4/30/2024Last Earnings5/03/2024Today6/17/2024Ex-Dividend for 7/31 Dividend6/28/2024Next Earnings (Estimated)7/25/2024Dividend Payable7/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas Midstream Sub-IndustryN/A Current SymbolTSE:TRP CUSIPN/A CIKN/A Webwww.transcanada.com Phone+1-403-9202000FaxN/AEmployees7,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$54.94 High Stock Price TargetC$64.00 Low Stock Price TargetC$47.00 Potential Upside/Downside+4.7%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.60 Trailing P/E Ratio20.17 Forward P/E Ratio12.52 P/E Growth0.26Net IncomeC$2.72 billion Net Margins17.31% Pretax MarginN/A Return on Equity8.37% Return on Assets3.46% Debt Debt-to-Equity Ratio163.01 Current Ratio0.94 Quick Ratio0.40 Sales & Book Value Annual SalesC$16.25 billion Price / Sales3.36 Cash FlowC$2.59 per share Price / Cash Flow20.28 Book ValueC$26.62 per share Price / Book1.97Miscellaneous Outstanding Shares1,040,000,000Free FloatN/AMarket CapC$54.55 billion OptionableNot Optionable Beta0.74 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 58)CEO, President & Director Comp: $3.34MMs. Annesley C. WallaceExecutive VP of Strategy, Corporate Development and President of Power & Energy SolutionsMr. Stanley Graham Chapman III (Age 58)Executive VP & COO of Natural Gas Pipelines Comp: $2.48MMr. Bevin Mark Wirzba M.B.A.P.Eng., Executive VP & President of Liquids PipelinesGavin WylieVice-President of Investor RelationsMr. Patrick M. KeysExecutive VP, General Counsel and Chief Compliance & Sustainability OfficerMr. Richard J. PriorPresident of Liquids Pipelines.Ms. Dawn E. de LimaExecutive Vice-President of Corporate ServicesMr. Patrick C. MuttartSenior Vice President of External RelationsMr. Greg GrantPresident of Canadian Natural Gas PipelinesMore ExecutivesKey CompetitorsEnbridgeTSE:ENBPembina PipelineTSE:PPLAltaGasTSE:ALAKeyeraTSE:KEYGibson EnergyTSE:GEIView All CompetitorsInsidersRichard PriorSold 5,000 sharesTotal: C$200,000.00 ($40.00/share)Christine R. JohnstonSold 1,330 sharesTotal: C$70,689.50 ($53.15/share)Alexis A.J. HudyBought 875 shares on 3/25/2024Total: C$48,098.75 ($54.97/share)Dawn Elizabeth De LimaBought 2,600 shares on 3/25/2024Total: C$143,104.00 ($55.04/share)Dawn Elizabeth De LimaBought 750 shares on 3/20/2024Total: C$40,860.00 ($54.48/share)View All Insider Transactions Should I Buy TC Energy Stock? TRP Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in TC Energy Co.: TC Energy Co. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance. The company has a history of stable dividend payments, providing investors with a reliable income stream. Recent institutional investments in TC Energy Co. by reputable firms like Vanguard Group Inc. and FMR LLC suggest confidence in the company's future prospects. TC Energy Co.'s current stock price is undervalued compared to its intrinsic value, presenting a potential buying opportunity for investors. The company's strategic focus on expanding its infrastructure projects in key regions positions it well for long-term growth and profitability. Cons Investors should be bearish about investing in TC Energy Co. for these reasons: TC Energy Co. faces regulatory risks associated with its pipeline projects, which could lead to delays or increased costs. The company's heavy reliance on commodity prices, such as oil and gas, exposes it to volatility in the energy market. Increasing competition in the energy sector may put pressure on TC Energy Co.'s market share and margins. Uncertainty surrounding environmental policies and regulations could impact the company's future growth prospects. Fluctuations in interest rates and global economic conditions may affect TC Energy Co.'s financing costs and overall profitability. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, May 29, 2024. Please send any questions or comments about these TC Energy pros and cons to contact@marketbeat.com. TRP Stock Analysis - 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 7 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 target for 2024? 11 equities research analysts have issued 1 year price targets for TC Energy's stock. Their TRP share price targets range from C$47.00 to C$64.00. On average, they anticipate the company's share price to reach C$54.94 in the next year. This suggests a possible upside of 4.7% 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 2024? TC Energy's stock was trading at C$51.76 on January 1st, 2024. Since then, TRP shares have increased by 1.3% and is now trading at C$52.45. View the best growth stocks for 2024 here. When is TC Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our TRP earnings forecast. How were TC Energy's earnings last quarter? TC Energy Co. (TSE:TRP) issued its quarterly earnings results on Friday, May, 3rd. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.10. The company had revenue of $4.24 billion for the quarter, compared to analysts' expectations of $4.26 billion. TC Energy had a net margin of 17.31% and a trailing twelve-month return on equity of 8.37%. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy announced a quarterly dividend on Friday, May 3rd. Stockholders of record on Friday, June 28th will be given a dividend of 0.96 per share on Wednesday, July 31st. This represents a $3.84 annualized dividend and a yield of 7.32%. The ex-dividend date is Friday, June 28th. Read our dividend analysis for TRP. Is TC Energy a good dividend stock? TC Energy (TSE:TRP) pays an annual dividend of C$3.84 per share and currently has a dividend yield of 7.31%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 147.69%. 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). 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. This page (TSE:TRP) was last updated on 6/17/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredBigger Than NVIDIA?With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... There's only ...Behind the Markets | SponsoredThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. But there’s one signal you should pay a...Crypto 101 Media | SponsoredInflation Is Robbing You Blind! 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