Equities Analysts Issue Forecasts for TC Energy Q3 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Equities researchers at US Capital Advisors reduced their Q3 2025 EPS estimates for shares of TC Energy in a research note issued on Monday, March 24th. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings of $0.98 per share for the quarter, down from their previous forecast of $0.99. US Capital Advisors has a “Moderate Buy” rating on the stock. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. US Capital Advisors also issued estimates for TC Energy’s Q4 2025 earnings at $1.03 EPS.

A number of other analysts have also recently weighed in on TRP. Jefferies Financial Group raised their price target on TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. TD Securities set a C$73.00 target price on TC Energy and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Royal Bank of Canada upped their price target on TC Energy from C$71.00 to C$74.00 in a report on Tuesday, February 18th. CIBC increased their price target on shares of TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a research note on Thursday, January 9th. Finally, Veritas upgraded shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. Six investment 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$73.25.

TC Energy Price Performance

TC Energy stock opened at C$69.79 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62. The company has a fifty day simple moving average of C$66.65 and a 200-day simple moving average of C$66.02. The stock has a market cap of C$71.97 billion, a P/E ratio of 13.88, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. TC Energy has a 12-month low of C$43.83 and a 12-month high of C$70.97.

Insider Activity at TC Energy

In related news, Director Gregory Romero bought 1,600 shares of the stock in a transaction on Wednesday, February 26th. The shares were bought at an average cost of C$43.95 per share, for a total transaction of C$70,319.84. Also, Director Trevor Ebl bought 1,470 shares of the company’s stock in a transaction dated Friday, March 14th. The stock was bought at an average cost of C$67.85 per share, for a total transaction of C$99,732.15. In the last 90 days, insiders acquired 18,010 shares of company stock worth $1,148,731 and sold 127,348 shares worth $8,504,625. 0.03% of the stock is owned by insiders.

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.