What is Atb Cap Markets’ Forecast for TC Energy Q1 Earnings?

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Investment analysts at Atb Cap Markets dropped their Q1 2025 earnings per share (EPS) estimates for shares of TC Energy in a research report issued to clients and investors on Monday, February 17th. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will post earnings per share of $0.71 for the quarter, down from their previous estimate of $0.76. 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 Q4 2025 earnings at $0.77 EPS.

TC Energy (NYSE:TRP) (TSE:TRP) last issued its quarterly earnings results 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. TC Energy had a return on equity of 12.12% and a net margin of 29.40%. The company had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.42 billion. During the same quarter last year, the company posted $1.35 EPS.

A number of other equities research analysts have also weighed in on TRP. US Capital Advisors upgraded TC Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, February 3rd. Veritas upgraded TC Energy from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday. Morgan Stanley upgraded TC Energy from an “underweight” rating to an “overweight” rating in a research report on Friday, October 25th. TD Securities began coverage on TC Energy in a research report on Wednesday, January 15th. They set a “buy” rating on the stock. Finally, Royal Bank of Canada lifted their target price on TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, TC Energy has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

TC Energy Trading Down 1.3 %

Shares of TRP opened at $44.94 on Thursday. The firm has a market cap of $46.70 billion, a price-to-earnings ratio of 13.87, a PEG ratio of 4.37 and a beta of 0.81. TC Energy has a 52-week low of $31.83 and a 52-week high of $50.37. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.23 and a current ratio of 0.55. The business’s fifty day moving average is $46.48 and its 200-day moving average is $46.63.

Institutional Trading of TC Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in TC Energy during the 4th quarter worth approximately $428,759,000. Mufg Securities Canada LTD. increased its holdings in TC Energy by 571.7% during the 4th quarter. Mufg Securities Canada LTD. now owns 6,184,832 shares of the pipeline company’s stock worth $288,043,000 after purchasing an additional 5,264,079 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in TC Energy by 156.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,769,975 shares of the pipeline company’s stock worth $321,778,000 after purchasing an additional 4,126,801 shares in the last quarter. Blackstone Inc. increased its holdings in TC Energy by 83.8% during the 4th quarter. Blackstone Inc. now owns 7,637,469 shares of the pipeline company’s stock worth $355,371,000 after purchasing an additional 3,482,874 shares in the last quarter. Finally, FIL Ltd increased its holdings in TC Energy by 10.3% during the 4th quarter. FIL Ltd now owns 28,443,403 shares of the pipeline company’s stock worth $1,325,558,000 after purchasing an additional 2,644,627 shares in the last quarter. 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. Investors of record on Monday, March 31st will be given a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 7.57%. This is a positive change from TC Energy’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Monday, March 31st. TC Energy’s payout ratio is presently 71.91%.

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.