TC Energy Co. (NYSE:TRP – Free Report) (TSE:TRP) – Equities research analysts at Atb Cap Markets reduced their Q1 2025 earnings per share estimates for TC Energy in a report issued on Monday, February 17th. Atb Cap Markets analyst N. Heywood now anticipates that the pipeline company will post earnings of $0.71 per share for the quarter, down from their prior estimate of $0.76. The consensus estimate for TC Energy’s current full-year earnings is $2.62 per share. Atb Cap Markets also issued estimates for TC Energy’s Q4 2025 earnings at $0.77 EPS.
TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last announced its earnings results on Friday, February 14th. The pipeline company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.54. The business had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $2.42 billion. TC Energy had a net margin of 29.40% and a return on equity of 11.95%. During the same period in the previous year, the company posted $1.35 EPS.
Get Our Latest Analysis on TC Energy
TC Energy Trading Down 1.1 %
NYSE TRP opened at $45.89 on Thursday. The firm’s fifty day moving average is $46.53 and its two-hundred day moving average is $46.62. TC Energy has a one year low of $31.83 and a one year high of $50.37. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.23 and a current ratio of 1.31. The firm has a market cap of $47.68 billion, a PE ratio of 14.16, a P/E/G ratio of 4.43 and a beta of 0.81.
Hedge Funds Weigh In On TC Energy
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. NTV Asset Management LLC boosted its holdings in TC Energy by 4.0% during the fourth quarter. NTV Asset Management LLC now owns 6,189 shares of the pipeline company’s stock worth $288,000 after buying an additional 239 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of TC Energy by 1.3% during the 3rd quarter. Captrust Financial Advisors now owns 18,316 shares of the pipeline company’s stock valued at $871,000 after acquiring an additional 242 shares during the period. Lee Financial Co boosted its stake in shares of TC Energy by 3.1% during the 4th quarter. Lee Financial Co now owns 8,185 shares of the pipeline company’s stock worth $381,000 after acquiring an additional 246 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of TC Energy by 7.0% in the 4th quarter. IFP Advisors Inc now owns 3,809 shares of the pipeline company’s stock worth $177,000 after acquiring an additional 249 shares during the period. Finally, Prospera Financial Services Inc grew its holdings in shares of TC Energy by 4.8% in the 3rd quarter. Prospera Financial Services Inc now owns 5,754 shares of the pipeline company’s stock worth $274,000 after acquiring an additional 262 shares during the period. 83.13% of the stock is owned by institutional investors and hedge funds.
TC Energy Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued a $0.85 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.40 dividend on an annualized basis and a yield of 7.41%. This is an increase from TC Energy’s previous quarterly dividend of $0.82. TC Energy’s dividend payout ratio (DPR) 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.
Recommended Stories
- Five stocks we like better than TC Energy
- The How And Why of Investing in Oil Stocks
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- Conference Calls and Individual Investors
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for TC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TC Energy and related companies with MarketBeat.com's FREE daily email newsletter.