US Capital Advisors Expects Reduced Earnings for TC Energy

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – Investment analysts at US Capital Advisors lowered their Q2 2025 earnings estimates for shares of TC Energy in a note issued to investors on Monday, July 28th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings per share of $0.52 for the quarter, down from their previous estimate of $0.62. 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 Q3 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.61 EPS, FY2025 earnings at $2.36 EPS, Q1 2026 earnings at $0.72 EPS, Q2 2026 earnings at $0.56 EPS, Q3 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.66 EPS and FY2026 earnings at $2.53 EPS.

Several other analysts have also recently commented on the stock. CIBC upgraded shares of TC Energy from a “neutral” rating to a “sector outperform” rating in a research note on Friday, May 2nd. Citigroup assumed coverage on shares of TC Energy in a research note on Friday, April 4th. They issued a “neutral” rating for the company. Finally, Cibc World Mkts upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $62.00.

TC Energy Stock Down 0.1%

Shares of NYSE TRP opened at $47.02 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 1.61. TC Energy has a 52 week low of $37.41 and a 52 week high of $51.99. The firm has a 50-day moving average price of $48.62 and a 200 day moving average price of $47.84. The stock has a market capitalization of $48.90 billion, a price-to-earnings ratio of 15.52, a price-to-earnings-growth ratio of 4.56 and a beta of 0.76.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its quarterly earnings data on Thursday, May 1st. The pipeline company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.04). TC Energy had a net margin of 29.17% and a return on equity of 11.41%. The company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same quarter last year, the business earned $1.02 EPS.

Hedge Funds Weigh In On TC Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of TC Energy by 1.6% in the first quarter. Vanguard Group Inc. now owns 44,397,978 shares of the pipeline company’s stock valued at $2,096,739,000 after buying an additional 710,837 shares during the last quarter. FIL Ltd raised its position in shares of TC Energy by 10.3% in the fourth quarter. FIL Ltd now owns 28,443,403 shares of the pipeline company’s stock valued at $1,325,558,000 after buying an additional 2,644,627 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of TC Energy by 34.2% in the first quarter. Canada Pension Plan Investment Board now owns 19,808,558 shares of the pipeline company’s stock valued at $935,627,000 after buying an additional 5,053,228 shares during the last quarter. TD Asset Management Inc raised its position in shares of TC Energy by 9.3% in the second quarter. TD Asset Management Inc now owns 19,074,181 shares of the pipeline company’s stock valued at $929,316,000 after buying an additional 1,618,441 shares during the last quarter. Finally, Bank of Nova Scotia raised its position in shares of TC Energy by 80.3% in the first quarter. Bank of Nova Scotia now owns 16,983,443 shares of the pipeline company’s stock valued at $802,164,000 after buying an additional 7,562,887 shares during the last quarter. Institutional investors and hedge funds own 83.13% of the company’s stock.

TC Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 30th will be given a dividend of $0.6142 per share. This represents a $2.46 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date is Monday, June 30th. TC Energy’s payout ratio is currently 82.51%.

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.