Zacks Research Has Pessimistic View of TC Energy Q3 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Zacks Research lowered their Q3 2025 EPS estimates for TC Energy in a note issued to investors on Friday, January 10th. Zacks Research analyst T. Saha now anticipates that the company will post earnings per share of $0.78 for the quarter, down from their prior forecast of $0.81. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

TC Energy (TSE:TRP) (NYSE:TRP) last released its quarterly earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.97 by C$0.06. TC Energy had a net margin of 21.38% and a return on equity of 10.68%. The business had revenue of C$4.08 billion during the quarter, compared to analyst estimates of C$3.90 billion.

A number of other equities research analysts have also weighed in on TRP. Veritas upgraded TC Energy to a “strong sell” rating in a research note on Tuesday, October 8th. CIBC raised their price target on shares of TC Energy from C$68.00 to C$70.00 and gave the stock a “neutral” rating in a research report on Thursday, January 9th. Royal Bank of Canada upped their price target on shares of TC Energy from C$67.00 to C$71.00 in a report on Friday, November 8th. Jefferies Financial Group boosted their target price on shares of TC Energy from C$64.00 to C$65.00 in a research report on Wednesday, November 20th. Finally, BMO Capital Markets increased their price target on shares of TC Energy from C$70.00 to C$73.00 in a research report on Friday, November 29th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, TC Energy has a consensus rating of “Hold” and an average price target of C$69.92.

TC Energy Stock Up 0.6 %

Shares of TC Energy stock opened at C$66.54 on Monday. TC Energy has a 1-year low of C$43.83 and a 1-year high of C$70.32. The company has a market capitalization of C$69.20 billion, a PE ratio of 20.10, a P/E/G ratio of 1.69 and a beta of 0.82. The company has a debt-to-equity ratio of 160.84, a current ratio of 0.76 and a quick ratio of 0.40. The business has a 50-day moving average of C$67.62 and a 200-day moving average of C$62.66.

Insider Activity at TC Energy

In other TC Energy news, Senior Officer Nancy Angenita Johnson sold 3,328 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$67.75, for a total transaction of C$225,472.00. Also, Director Alexander (Alex) Oehler purchased 6,540 shares of the company’s stock in a transaction on Monday, December 30th. The stock was purchased at an average price of C$66.05 per share, for a total transaction of C$431,947.64. Insiders sold 420,911 shares of company stock worth $28,259,105 in the last 90 days. 0.03% of the stock is currently owned by company insiders.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a dividend of $1.113 per share. This represents a $4.45 dividend on an annualized basis and a dividend yield of 6.69%. This is a boost from TC Energy’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend is Tuesday, December 31st. TC Energy’s dividend payout ratio is presently 116.01%.

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.