TC Energy FY2025 EPS Reduced by National Bank Financial

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for shares of TC Energy in a research note issued on Monday, February 17th. National Bank Financial analyst P. Kenny now expects that the pipeline company will post earnings per share of $2.80 for the year, down from their previous forecast 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.

TRP has been the subject of a number of other reports. StockNews.com raised TC Energy from a “hold” rating to a “buy” rating in a research note on Wednesday. Morgan Stanley raised TC Energy from an “underweight” rating to an “overweight” rating in a research note on Friday, October 25th. Royal Bank of Canada raised their price target on TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a research note on Tuesday. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. Finally, BMO Capital Markets raised their price target on TC Energy from $66.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 20th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, TC Energy presently has a consensus rating of “Hold” and a consensus target price of $62.00.

TC Energy Price Performance

NYSE:TRP opened at $45.89 on Wednesday. TC Energy has a 1 year low of $31.83 and a 1 year 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 market capitalization of $47.68 billion, a price-to-earnings ratio of 14.16, a PEG ratio of 4.35 and a beta of 0.81. The business has a 50 day simple moving average of $46.53 and a 200-day simple moving average of $46.62.

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 the consensus estimate of $0.51 by $0.54. The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.42 billion. TC Energy had a return on equity of 11.95% and a net margin of 29.40%. During the same period last year, the company earned $1.35 EPS.

Institutional Investors Weigh In On TC Energy

Institutional investors and hedge funds have recently bought and sold shares of the company. Fortitude Family Office LLC bought a new stake in TC Energy during the 3rd quarter valued at $28,000. Blue Trust Inc. increased its holdings in shares of TC Energy by 72.0% in the 3rd quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 267 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of TC Energy in the 4th quarter valued at $31,000. Versant Capital Management Inc purchased a new position in shares of TC Energy in the 4th quarter valued at $33,000. Finally, Synergy Investment Management LLC purchased a new position in shares of TC Energy in the 4th quarter valued at $36,000. 83.13% of the stock is owned by institutional investors.

TC Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from TC Energy’s previous quarterly dividend of $0.82. This represents a $3.40 dividend on an annualized basis and a yield of 7.41%. TC Energy’s payout ratio is 70.68%.

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.