TC Energy (TRP) to Release Earnings on Thursday

TC Energy (NYSE:TRP) (TSE:TRP) is expected to issue its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.73 per share and revenue of $2.57 billion for the quarter.

TC Energy (NYSE:TRP) (TSE:TRP) last released its quarterly earnings results 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 analysts’ expectations of $2.42 billion. TC Energy had a net margin of 29.40% and a return on equity of 12.12%. During the same period in the previous year, the company earned $1.35 EPS. On average, analysts expect TC Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

TC Energy Trading Down 0.1 %

Shares of NYSE TRP opened at $50.22 on Wednesday. The business’s 50 day moving average price is $47.22 and its 200-day moving average price is $47.23. The company has a market cap of $52.21 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 4.34 and a beta of 0.74. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.23 and a current ratio of 0.55. TC Energy has a fifty-two week low of $35.38 and a fifty-two week high of $50.47.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 6.77%. The ex-dividend date is Monday, March 31st. This is an increase from TC Energy’s previous quarterly dividend of $0.82. TC Energy’s dividend payout ratio (DPR) is currently 72.84%.

Analyst Ratings Changes

Several research firms have commented on TRP. Veritas upgraded TC Energy from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, February 18th. Royal Bank of Canada boosted their target price on TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Citigroup assumed coverage on shares of TC Energy in a research note on Friday, April 4th. They set a “neutral” rating on the stock. StockNews.com cut TC Energy from a “buy” rating to a “hold” rating in a research note on Thursday, March 6th. Finally, TD Securities began coverage on shares of TC Energy in a research report on Wednesday, January 15th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $62.00.

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.