Research Analysts’ Recent Ratings Changes for TC Energy (TRP)

TC Energy (NYSE: TRP) recently received a number of ratings updates from brokerages and research firms:

• 3/6/2025 – TC Energy was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/19/2025 – TC Energy was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 2/18/2025 – TC Energy was upgraded by analysts at Veritas Corp from a “strong sell” rating to a “strong-buy” rating.
• 2/18/2025 – TC Energy had its price target raised by analysts at Royal Bank of Canada from $71.00 to $74.00. They now have an “outperform” rating on the stock.
• 2/3/2025 – TC Energy was upgraded by analysts at US Capital Advisors from a “hold” rating to a “moderate buy” rating.
• 1/15/2025 – TC Energy is now covered by analysts at TD Securities. They set a “buy” rating on the stock.

TC Energy Stock Down 1.7 %

TRP stock opened at $45.53 on Friday. The firm has a market cap of $47.32 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 4.34 and a beta of 0.83. TC Energy Co. has a 1-year low of $31.83 and a 1-year high of $50.37. The firm has a fifty day moving average price of $46.29 and a two-hundred day moving average price of $46.71. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.55 and a quick ratio of 1.23.

TC Energy (NYSE:TRP) (TSE:TRP) last issued its quarterly earnings data on Friday, February 14th. The pipeline company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54. The firm had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.42 billion. TC Energy had a return on equity of 12.12% and a net margin of 29.40%. During the same period in the prior year, the business earned $1.35 EPS. Research analysts predict that TC Energy Co. will post 2.63 EPS for the current year.

TC Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.85 per share. This is a boost from TC Energy’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.40 annualized dividend and a yield of 7.47%. TC Energy’s dividend payout ratio (DPR) is presently 72.53%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TRP. SBI Securities Co. Ltd. acquired a new stake in TC Energy in the fourth quarter worth approximately $31,000. Versant Capital Management Inc bought a new stake in shares of TC Energy in the 4th quarter worth $33,000. Synergy Investment Management LLC acquired a new stake in shares of TC Energy in the fourth quarter valued at $36,000. Point72 DIFC Ltd bought a new position in TC Energy during the third quarter valued at about $39,000. Finally, Millstone Evans Group LLC acquired a new position in TC Energy during the fourth quarter worth about $41,000. 83.13% of the stock is currently owned by institutional investors.

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.