Q3 Earnings Forecast for TC Energy Issued By Zacks Research

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Equities researchers at Zacks Research cut their Q3 2025 earnings estimates for shares of TC Energy in a research note issued to investors on Friday, January 10th. Zacks Research analyst T. Saha now anticipates that the pipeline company will post earnings per share of $0.57 for the quarter, down from their prior estimate of $0.59. The consensus estimate for TC Energy’s current full-year earnings is $3.00 per share.

Other equities analysts also recently issued research reports about the stock. The Goldman Sachs Group upped their price objective on shares of TC Energy from $38.00 to $42.00 and gave the company a “sell” rating in a report on Monday, October 21st. JPMorgan Chase & Co. upgraded TC Energy from a “neutral” rating to an “overweight” rating in a research report on Monday, October 14th. StockNews.com began coverage on shares of TC Energy in a research report on Wednesday, December 4th. They set a “hold” rating for the company. Morgan Stanley upgraded shares of TC Energy from an “underweight” rating to an “overweight” rating in a research note on Friday, October 25th. Finally, UBS Group upgraded shares of TC Energy from a “neutral” rating to a “buy” rating in a research report on Monday, September 30th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $55.67.

TC Energy Stock Up 0.8 %

Shares of TRP stock opened at $46.33 on Monday. The stock’s fifty day moving average price is $47.71 and its 200 day moving average price is $45.48. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.31 and a quick ratio of 1.23. TC Energy has a 1-year low of $31.83 and a 1-year high of $50.37. The company has a market cap of $48.13 billion, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 3.88 and a beta of 0.82.

TC Energy (NYSE:TRP) (TSE:TRP) last released its quarterly earnings results on Thursday, November 7th. The pipeline company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.06. The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.83 billion. TC Energy had a net margin of 31.15% and a return on equity of 12.92%.

TC Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a $0.822 dividend. This is a boost from TC Energy’s previous quarterly dividend of $0.70. The ex-dividend date is Tuesday, December 31st. This represents a $3.29 dividend on an annualized basis and a yield of 7.10%. TC Energy’s payout ratio is presently 63.16%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Fortitude Family Office LLC acquired a new position in TC Energy in the 3rd quarter worth about $28,000. Blue Trust Inc. increased its position in shares of TC Energy by 72.0% in the third quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock valued at $30,000 after buying an additional 267 shares in the last quarter. Versant Capital Management Inc acquired a new position in shares of TC Energy during the 4th quarter worth approximately $33,000. Point72 DIFC Ltd purchased a new position in shares of TC Energy during the 3rd quarter valued at approximately $39,000. Finally, Farther Finance Advisors LLC grew its stake in TC Energy by 215.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,209 shares of the pipeline company’s stock valued at $57,000 after acquiring an additional 826 shares during the period. Institutional investors and hedge funds own 83.13% of the company’s stock.

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.