TC Energy Co. (NYSE:TRP – Free Report) (TSE:TRP) – Research analysts at Zacks Research decreased their Q1 2025 earnings per share estimates for TC Energy in a report issued on Wednesday, February 5th. Zacks Research analyst T. Saha now anticipates that the pipeline company will post earnings per share of $0.67 for the quarter, down from their previous forecast of $0.68. The consensus estimate for TC Energy’s current full-year earnings is $2.95 per share. Zacks Research also issued estimates for TC Energy’s Q3 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $2.51 EPS, Q3 2026 earnings at $0.62 EPS and FY2026 earnings at $2.71 EPS.
Several other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. raised TC Energy from a “neutral” rating to an “overweight” rating in a report on Monday, October 14th. TD Securities assumed coverage on TC Energy in a research report on Wednesday, January 15th. They set a “buy” rating on the stock. Morgan Stanley upgraded TC Energy from an “underweight” rating to an “overweight” rating in a research report on Friday, October 25th. BMO Capital Markets boosted their price objective on TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday, November 20th. Finally, StockNews.com assumed coverage on shares of TC Energy in a report on Wednesday, December 4th. They issued a “hold” rating for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $56.00.
TC Energy Stock Up 0.9 %
TRP stock opened at $47.09 on Thursday. The firm has a market cap of $48.93 billion, a PE ratio of 13.05, a P/E/G ratio of 4.31 and a beta of 0.81. TC Energy has a 12 month low of $31.83 and a 12 month high of $50.37. 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 firm has a 50 day simple moving average of $46.88 and a 200 day simple moving average of $46.29.
TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last posted its quarterly earnings data on Thursday, November 7th. The pipeline company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.06. TC Energy had a net margin of 31.15% and a return on equity of 12.92%. The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.83 billion.
Institutional Investors Weigh In On TC Energy
A number of institutional investors have recently bought and sold shares of TRP. Plato Investment Management Ltd purchased a new stake in shares of TC Energy in the fourth quarter worth approximately $200,000. SBI Securities Co. Ltd. acquired a new position in TC Energy in the 4th quarter valued at approximately $31,000. Jones Financial Companies Lllp increased its stake in TC Energy by 59.2% in the 4th quarter. Jones Financial Companies Lllp now owns 175,162 shares of the pipeline company’s stock valued at $8,150,000 after buying an additional 65,126 shares during the period. Metis Global Partners LLC lifted its position in TC Energy by 2.8% in the 4th quarter. Metis Global Partners LLC now owns 98,123 shares of the pipeline company’s stock worth $4,573,000 after buying an additional 2,653 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new stake in shares of TC Energy during the 4th quarter valued at $46,000. 83.13% of the stock is currently owned by institutional investors and hedge funds.
TC Energy Company Profile
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.
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