What is Zacks Research’s Forecast for TC Energy Q1 Earnings?

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Investment analysts at Zacks Research raised their Q1 2025 earnings estimates for shares of TC Energy in a report released on Friday, April 4th. Zacks Research analyst T. Saha now anticipates that the company will earn $1.05 per share for the quarter, up from their prior forecast of $1.02. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy’s Q2 2025 earnings at $0.76 EPS, Q4 2025 earnings at $1.16 EPS, Q1 2026 earnings at $1.04 EPS, Q2 2026 earnings at $0.94 EPS, Q4 2026 earnings at $1.21 EPS, Q1 2027 earnings at $1.10 EPS and FY2027 earnings at $3.90 EPS.

Other analysts have also recently issued reports about the company. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. Royal Bank of Canada lifted their price objective on TC Energy from C$71.00 to C$74.00 in a research report on Tuesday, February 18th. TD Securities set a C$73.00 target price on TC Energy and gave the company a “buy” rating in a report on Wednesday, January 15th. Jefferies Financial Group lifted their price target on shares of TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Finally, CIBC boosted their price objective on shares of TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a research report on Thursday, January 9th. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, TC Energy presently has an average rating of “Moderate Buy” and an average target price of C$73.25.

TC Energy Price Performance

TRP stock opened at C$65.13 on Monday. The stock has a market capitalization of C$67.16 billion, a price-to-earnings ratio of 12.95, a PEG ratio of 1.69 and a beta of 0.82. The firm’s 50-day moving average price is C$66.72 and its two-hundred day moving average price is C$66.35. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62. TC Energy has a 12-month low of C$43.83 and a 12-month high of C$70.97.

Insiders Place Their Bets

In related news, Director Joshua Gibbon bought 600 shares of the business’s stock in a transaction dated Wednesday, March 19th. The shares were purchased at an average cost of C$69.15 per share, with a total value of C$41,492.88. Also, Senior Officer Michele L. Waters purchased 1,525 shares of TC Energy stock in a transaction dated Thursday, February 20th. The shares were bought at an average price of C$64.68 per share, with a total value of C$98,630.90. Over the last quarter, insiders have acquired 13,287 shares of company stock worth $842,568 and have sold 145,977 shares worth $9,810,511. Corporate insiders own 0.03% 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.