TC Energy FY2025 EPS Decreased by National Bank Financial

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Stock analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for shares of TC Energy in a report released on Monday, February 17th. National Bank Financial analyst P. Kenny now anticipates that the pipeline company will post earnings of $2.80 per share for the year, down from their previous estimate of $2.83. The consensus estimate for TC Energy’s current full-year earnings is $2.64 per share. National Bank Financial also issued estimates for TC Energy’s FY2026 earnings at $2.95 EPS.

TC Energy (NYSE:TRP) (TSE:TRP) last posted its quarterly earnings data on Friday, February 14th. The pipeline company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.54. TC Energy had a return on equity of 11.95% and a net margin of 29.40%. The company had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $2.42 billion. During the same quarter in the previous year, the business earned $1.35 EPS.

A number of other brokerages have also recently weighed in on TRP. TD Securities began coverage on TC Energy in a research note on Wednesday, January 15th. They set a “buy” rating for the company. Royal Bank of Canada upped their target price on TC Energy from $71.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday. StockNews.com began coverage on TC Energy in a research report on Wednesday, December 4th. They set a “hold” rating on the stock. Morgan Stanley raised TC Energy from an “underweight” rating to an “overweight” rating in a research report on Friday, October 25th. Finally, BMO Capital Markets increased their price objective on TC Energy from $66.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, November 20th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $62.00.

TC Energy Trading Up 1.0 %

Shares of NYSE TRP opened at $46.38 on Wednesday. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.31 and a quick ratio of 1.23. The stock has a market capitalization of $48.19 billion, a P/E ratio of 14.31, a price-to-earnings-growth ratio of 4.35 and a beta of 0.81. TC Energy has a 1-year low of $31.83 and a 1-year high of $50.37. The business has a fifty day moving average price of $46.56 and a 200 day moving average price of $46.63.

Institutional Investors Weigh In On TC Energy

Institutional investors and hedge funds have recently modified their holdings of the company. Addenda Capital Inc. raised its holdings in shares of TC Energy by 4.4% in the 4th quarter. Addenda Capital Inc. now owns 1,034,497 shares of the pipeline company’s stock valued at $48,135,000 after buying an additional 43,639 shares during the period. Captrust Financial Advisors boosted its position in shares of TC Energy by 1.3% during the 3rd quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock worth $871,000 after acquiring an additional 242 shares in the last quarter. Ritholtz Wealth Management boosted its position in shares of TC Energy by 44.8% during the 4th quarter. Ritholtz Wealth Management now owns 23,957 shares of the pipeline company’s stock worth $1,115,000 after acquiring an additional 7,412 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of TC Energy during the 3rd quarter worth about $3,771,000. Finally, Harvest Portfolios Group Inc. boosted its position in shares of TC Energy by 107.7% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 226,007 shares of the pipeline company’s stock worth $10,743,000 after acquiring an additional 117,176 shares in the last quarter. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 7.33%. The ex-dividend date is Monday, March 31st. This is an increase from TC Energy’s previous quarterly dividend of $0.82. TC Energy’s payout ratio is currently 70.68%.

About TC Energy

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.