TC Energy Co. to Post Q1 2025 Earnings of $1.21 Per Share, Zacks Research Forecasts (TSE:TRP)

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at Zacks Research raised their Q1 2025 earnings per share estimates for TC Energy in a research report issued to clients and investors on Wednesday, October 9th. Zacks Research analyst T. Saha now expects that the company will earn $1.21 per share for the quarter, up from their prior forecast of $1.17. The consensus estimate for TC Energy’s current full-year earnings is $4.42 per share. Zacks Research also issued estimates for TC Energy’s Q2 2025 earnings at $0.98 EPS, Q3 2025 earnings at $1.12 EPS, Q4 2025 earnings at $0.94 EPS and FY2025 earnings at $4.24 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last announced its quarterly earnings results on Thursday, August 1st. The company reported C$0.94 earnings per share for the quarter, beating the consensus estimate of C$0.89 by C$0.05. The business had revenue of C$4.09 billion for the quarter, compared to analysts’ expectations of C$3.78 billion. TC Energy had a net margin of 21.38% and a return on equity of 10.68%.

A number of other equities research analysts also recently issued reports on the stock. Veritas raised shares of TC Energy to a “strong sell” rating in a research report on Tuesday, October 8th. Barclays boosted their price target on shares of TC Energy from C$64.00 to C$66.00 in a research report on Tuesday. ATB Capital cut their price objective on shares of TC Energy from C$60.00 to C$58.00 and set a “sector perform” rating for the company in a research report on Thursday, October 3rd. National Bankshares reduced their target price on TC Energy from C$65.00 to C$60.00 and set an “outperform” rating for the company in a research report on Thursday, October 3rd. Finally, BMO Capital Markets lowered their target price on shares of TC Energy from C$65.00 to C$55.00 and set a “market perform” rating on the stock in a research note on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, TC Energy has a consensus rating of “Hold” and an average price target of C$59.46.

TC Energy Trading Up 2.8 %

Shares of TC Energy stock opened at C$64.54 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 160.84. The company has a market capitalization of C$67.12 billion, a P/E ratio of 19.50, a price-to-earnings-growth ratio of 0.26 and a beta of 0.82. The stock has a fifty day simple moving average of C$61.91 and a 200 day simple moving average of C$56.01. TC Energy has a 12-month low of C$41.86 and a 12-month high of C$64.69.

TC Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, September 27th will be given a dividend of $0.96 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $3.84 annualized dividend and a yield of 5.95%. TC Energy’s payout ratio is 116.01%.

Insiders Place Their Bets

In related news, Director Colin Lindley sold 2,773 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of C$59.42, for a total transaction of C$164,761.40. Following the completion of the sale, the director now directly owns 697 shares in the company, valued at C$41,413.16. This represents a 0.00 % decrease in their position. In other news, Director Jawad Masud sold 6,041 shares of TC Energy stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$63.50, for a total transaction of C$383,603.50. Also, Director Colin Lindley sold 2,773 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of C$59.42, for a total value of C$164,761.40. Following the transaction, the director now owns 697 shares in the company, valued at C$41,413.16. This trade represents a 0.00 % decrease in their position. Insiders have sold 95,479 shares of company stock valued at $5,860,018 in the last ninety days. Company insiders own 0.04% 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.