Q1 Earnings Forecast for TC Energy Issued By Zacks Research

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Analysts at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for shares of TC Energy in a research report issued to clients and investors on Friday, April 4th. Zacks Research analyst T. Saha now anticipates that the pipeline company will post earnings of $0.70 per share for the quarter, up from their prior forecast of $0.67. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for TC Energy’s Q3 2025 earnings at $0.58 EPS, Q2 2026 earnings at $0.66 EPS, Q3 2026 earnings at $0.64 EPS, Q1 2027 earnings at $0.73 EPS and FY2027 earnings at $2.90 EPS.

TC Energy (NYSE:TRP) (TSE:TRP) last released its earnings results on Friday, February 14th. The pipeline company reported $1.05 EPS for the quarter, topping 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 business had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the previous year, the company posted $1.35 earnings per share.

Several other research analysts have also recently issued reports on TRP. Royal Bank of Canada lifted their target price on shares of TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. StockNews.com lowered shares of TC Energy from a “buy” rating to a “hold” rating in a report on Thursday, March 6th. US Capital Advisors upgraded TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. Citigroup initiated coverage on TC Energy in a research note on Friday. They issued a “neutral” rating for the company. Finally, Veritas raised TC Energy from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, TC Energy currently has an average rating of “Moderate Buy” and an average price target of $62.00.

TC Energy Stock Performance

Shares of TC Energy stock opened at $46.07 on Monday. TC Energy has a 1 year low of $34.95 and a 1 year high of $50.37. The firm’s 50-day moving average is $46.57 and its 200 day moving average is $47.00. The stock has a market cap of $47.88 billion, a price-to-earnings ratio of 14.22, a PEG ratio of 4.34 and a beta of 0.74. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.55 and a quick ratio of 1.23.

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 issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 7.38%. This is a boost from TC Energy’s previous quarterly dividend of $0.82. The ex-dividend date is Monday, March 31st. TC Energy’s dividend payout ratio is presently 72.53%.

Institutional Trading of TC Energy

Several large investors have recently modified their holdings of the company. Addenda Capital Inc. boosted its position in TC Energy by 4.4% in the fourth quarter. Addenda Capital Inc. now owns 1,034,497 shares of the pipeline company’s stock worth $48,135,000 after purchasing an additional 43,639 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of TC Energy by 1.3% in the 3rd quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock worth $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% in the fourth 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 last quarter. O Shaughnessy Asset Management LLC boosted its holdings in shares of TC Energy by 7.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 224,829 shares of the pipeline company’s stock worth $10,463,000 after buying an additional 16,334 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in TC Energy during the third quarter valued at approximately $3,771,000. Institutional investors own 83.13% of the company’s stock.

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.