Equities Analysts Set Expectations for TC Energy Q1 Earnings

TC Energy Co. (NYSE:TRP) (TSE:TRP) – US Capital Advisors boosted their Q1 2025 earnings per share estimates for TC Energy in a research note issued on Monday, March 24th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will earn $0.79 per share for the quarter, up from their previous estimate of $0.77. US Capital Advisors has a “Moderate Buy” rating on the stock. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. US Capital Advisors also issued estimates for TC Energy’s Q2 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.72 EPS, FY2025 earnings at $2.86 EPS, Q1 2026 earnings at $0.79 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $2.83 EPS and FY2027 earnings at $2.79 EPS.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its quarterly earnings results 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 12.12% and a net margin of 29.40%. The firm had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the prior year, the company posted $1.35 earnings per share.

Several other equities analysts have also commented on TRP. Veritas raised TC Energy from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. StockNews.com cut shares of TC Energy from a “buy” rating to a “hold” rating in a research note on Thursday, March 6th. Royal Bank of Canada lifted their price objective on shares of TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Finally, TD Securities assumed coverage on TC Energy in a report on Wednesday, January 15th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, TC Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

TC Energy Price Performance

Shares of NYSE TRP opened at $49.28 on Tuesday. The company’s 50-day moving average price is $46.40 and its 200 day moving average price is $46.89. TC Energy has a 52 week low of $34.95 and a 52 week high of $50.37. The stock has a market cap of $51.20 billion, a price-to-earnings ratio of 15.21, a PEG ratio of 4.34 and a beta of 0.83. The company has a current ratio of 0.55, a quick ratio of 1.23 and a debt-to-equity ratio of 1.56.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Addenda Capital Inc. increased its position in TC Energy by 4.4% during the fourth quarter. Addenda Capital Inc. now owns 1,034,497 shares of the pipeline company’s stock worth $48,135,000 after buying an additional 43,639 shares during the last quarter. Captrust Financial Advisors raised its position in shares of TC Energy by 1.3% in the third quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock valued at $871,000 after purchasing an additional 242 shares during the period. Ritholtz Wealth Management boosted its holdings 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 buying an additional 7,412 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of TC Energy in the third quarter valued at about $3,771,000. Finally, Exchange Traded Concepts LLC grew its stake in shares of TC Energy by 7.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,034,698 shares of the pipeline company’s stock worth $48,144,000 after acquiring an additional 71,955 shares during the last quarter. Institutional investors and hedge funds own 83.13% of the company’s stock.

TC Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from TC Energy’s previous quarterly dividend of $0.82. This represents a $3.40 dividend on an annualized basis and a dividend yield of 6.90%. TC Energy’s dividend payout ratio (DPR) is 72.53%.

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.