Atb Cap Markets Decreases Earnings Estimates for TC Energy

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – Analysts at Atb Cap Markets decreased their FY2025 earnings per share (EPS) estimates for TC Energy in a research note issued on Thursday, November 6th. Atb Cap Markets analyst N. Heywood now forecasts that the pipeline company will earn $2.49 per share for the year, down from their prior estimate of $2.50. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. Atb Cap Markets also issued estimates for TC Energy’s Q1 2027 earnings at $0.82 EPS, Q2 2027 earnings at $0.54 EPS and Q3 2027 earnings at $0.56 EPS.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its earnings results on Thursday, November 6th. The pipeline company reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. TC Energy had a return on equity of 11.22% and a net margin of 28.98%.The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the previous year, the business earned $1.03 EPS.

TRP has been the topic of several other research reports. TD Securities restated a “buy” rating on shares of TC Energy in a report on Friday, October 17th. Royal Bank Of Canada upped their price target on shares of TC Energy from $74.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Scotiabank reaffirmed an “outperform” rating on shares of TC Energy in a report on Monday, October 20th. Weiss Ratings lowered shares of TC Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Finally, Barclays reissued an “overweight” rating on shares of TC Energy in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $77.00.

TC Energy Trading Up 0.4%

TC Energy stock opened at $53.54 on Monday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.54 and a current ratio of 0.61. The stock has a market cap of $55.71 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 4.82 and a beta of 0.73. The stock has a 50-day moving average of $52.23 and a two-hundred day moving average of $50.37. TC Energy has a one year low of $43.51 and a one year high of $55.37.

Institutional Investors Weigh In On TC Energy

Several hedge funds have recently bought and sold shares of TRP. Bank of New York Mellon Corp increased its holdings in shares of TC Energy by 1.1% during the 1st quarter. Bank of New York Mellon Corp now owns 915,241 shares of the pipeline company’s stock valued at $43,209,000 after purchasing an additional 10,227 shares in the last quarter. Cerity Partners LLC grew its position in TC Energy by 113.2% during the first quarter. Cerity Partners LLC now owns 33,945 shares of the pipeline company’s stock valued at $1,603,000 after buying an additional 18,022 shares during the period. TruNorth Capital Management LLC purchased a new position in TC Energy in the first quarter valued at $45,000. Oxbow Advisors LLC increased its holdings in TC Energy by 9.9% in the first quarter. Oxbow Advisors LLC now owns 11,653 shares of the pipeline company’s stock valued at $550,000 after buying an additional 1,050 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its position in shares of TC Energy by 7.8% in the first quarter. Bleakley Financial Group LLC now owns 57,484 shares of the pipeline company’s stock worth $2,714,000 after acquiring an additional 4,183 shares during the period. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be given a dividend of $0.85 per share. This is an increase from TC Energy’s previous quarterly dividend of $0.61. This represents a $3.40 annualized dividend and a yield of 6.4%. The ex-dividend date is Wednesday, December 31st. TC Energy’s dividend payout ratio (DPR) is 103.88%.

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.