TSE:TRP TC Energy (TRP) Stock Price, News & Analysis → Crypto Market Preps For Trillions Worth of Inflows! (From Crypto 101 Media) (Ad) Free TRP Stock Alerts C$54.44 +0.64 (+1.19%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$53.83▼C$54.5450-Day RangeC$50.41▼C$55.0452-Week RangeC$43.70▼C$57.02Volume10.75 million shsAverage Volume6.21 million shsMarket CapitalizationC$56.62 billionP/E Ratio19.80Dividend Yield7.05%Price TargetC$55.35 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get TC Energy alerts: Email Address TC Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.36 Rating ScoreUpside/Downside1.7% UpsideC$55.35 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.13Based on 15 Articles This WeekInsider TradingAcquiring SharesC$248,609 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.48 out of 5 stars 2.2 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$55.35, TC Energy has a forecasted upside of 1.7% from its current price of C$54.44.Amount of Analyst CoverageTC Energy has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TRP. Previous Next 1.7 Dividend Strength Dividend LeadershipTC Energy is a leading dividend payer. It pays a dividend yield of 6.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTC Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TC Energy is 139.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRP. Previous Next 3.4 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 15 news articles for TC Energy this week, compared to 3 articles on an average week.Search Interest43 people have searched for TRP on MarketBeat in the last 30 days. This is an increase of 79% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have bought 82.01% more of their company's stock than they have sold. Specifically, they have bought C$248,609.00 in company stock and sold C$136,593.00 in company stock.Percentage Held by InsidersOnly 0.04% of the stock of TC Energy is held by insiders.Percentage Held by Institutions79.31% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 19.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.21.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 19.80, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 94.27.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 0.26. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTC Energy has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About TC Energy Stock (TSE:TRP)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. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.Read More TRP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRP Stock News HeadlinesMarch 27, 2024 | insidertrades.comInsider Buying: TC Energy Co. (TSE:TRP) Director Purchases 875 Shares of StockMarch 26, 2024 | insidertrades.comDawn Elizabeth De Lima Purchases 2,600 Shares of TC Energy Co. (TSE:TRP) StockMarch 29, 2024 | WealthPress (Ad)The ProTrader Dashboard is simple to use! (trade demo inside)Top traders like Kathy, Philip, Matt and Michael made out like bandits… “Took 65% profit on VFC today! 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Absolutely no strings attached.March 23, 2024 | americanbankingnews.comResearch Analysts Offer Predictions for TC Energy Co.'s Q2 2025 Earnings (TSE:TRP)March 15, 2024 | seekingalpha.comTC Energy sells Prince Rupert Gas Transmission to Nisga’a Nation and Western LNGMarch 15, 2024 | msn.comTC Energy selll Prince Rupert Gas Transmission to Nisga’a Nation and Western LNGMarch 9, 2024 | msn.comTC Energy briefly shut Keystone oil pipeline on unfounded leak concernMarch 7, 2024 | msn.comIs TC Energy Stock Finally a Buy in 2024?March 7, 2024 | msn.comTC Energy's Keystone oil pipeline offline due to operational issues - ReutersMarch 7, 2024 | finance.yahoo.comKeystone Oil Pipeline Segment Shuts, Sending Futures HigherMarch 7, 2024 | msn.comTC Energy's Strategic Shift Reportedly Leads To Layoffs: Calgary And Houston Employees Bear The BruntMarch 6, 2024 | msn.comTC Energy confirms latest round of job cuts; unspecified number of employees affectedMarch 6, 2024 | theglobeandmail.comTC Energy cuts unspecified number of jobs, primarily in Calgary and HoustonMarch 6, 2024 | reuters.comTC Energy announces layoffs, primarily in Calgary and HoustonMarch 6, 2024 | finance.yahoo.comRead This Before Judging TC Energy Corporation's (TSE:TRP) ROEFebruary 28, 2024 | msn.comBuy Alert: 4 Reasons Why TC Energy Stock Is a Must-Own NowFebruary 28, 2024 | markets.businessinsider.comTC Energy’s Overvaluation and Deleveraging Risks Prompt Sell RatingFebruary 27, 2024 | sg.finance.yahoo.comTC ENERGY CORPORATION 4% CUM RE (TRPEF)February 26, 2024 | ca.finance.yahoo.comIs it Too Late to Buy TC Energy Stock?February 22, 2024 | ca.finance.yahoo.com3 Reasons to Buy TC Energy Stock Like There’s No TomorrowFebruary 18, 2024 | ca.finance.yahoo.comStocks in play: TC Energy CorporationSee More Headlines Receive TRP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TC Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/31 Dividend12/28/2023Dividend Payable1/31/2024Last Earnings2/16/2024Ex-Dividend for 4/30 Dividend3/27/2024Today3/29/2024Next Earnings (Estimated)4/26/2024Dividend Payable4/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas Midstream Sub-IndustryN/A Current SymbolTSE:TRP CUSIPN/A CIKN/A Webwww.transcanada.com Phone+1-403-9202000FaxN/AEmployees7,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$55.35 High Stock Price TargetC$63.00 Low Stock Price TargetC$47.00 Potential Upside/Downside+1.7%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.75 Trailing P/E Ratio19.80 Forward P/E Ratio13.04 P/E Growth0.26Net IncomeC$2.83 billion Net Margins18.34% Pretax MarginN/A Return on Equity8.39% Return on Assets3.56% Debt Debt-to-Equity Ratio163.32 Current Ratio0.96 Quick Ratio0.40 Sales & Book Value Annual SalesC$15.93 billion Price / Sales3.55 Cash FlowC$2.68 per share Price / Cash Flow20.28 Book ValueC$26.08 per share Price / Book2.09Miscellaneous Outstanding Shares1,040,000,000Free FloatN/AMarket CapC$56.62 billion OptionableNot Optionable Beta0.74 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 58)CEO, President & Director Comp: $2.68MMr. Joel E. Hunter (Age 57)Executive VP & CFO Comp: $1.09MMr. Stanley Graham Chapman III (Age 58)Executive VP & COO of Natural Gas Pipelines Comp: $2.2MMr. Bevin Mark Wirzba M.B.A.P.Eng., Executive VP, Group President, Liquids Pipelines & Coastal GasLinkGavin WylieVice-President of Investor RelationsMr. Patrick M. KeysExecutive VP, General Counsel and Chief Compliance & Sustainability OfficerMs. Annesley C. WallaceExecutive VP of Strategy, Corporate Development and President of Power & Energy SolutionsMr. Richard J. PriorPresident of Liquids Pipelines.Ms. Dawn E. de LimaExecutive Vice-President of Corporate ServicesMr. Patrick C. MuttartSenior Vice President of External RelationsMore ExecutivesKey CompetitorsPembina PipelineTSE:PPLEnbridgeTSE:ENBCenovus EnergyTSE:CVESuncor EnergyTSE:SUImperial OilTSE:IMOView All CompetitorsInsidersAlexis A.J. HudyBought 875 shares on 3/25/2024Total: C$48,098.75 ($54.97/share)Dawn Elizabeth De LimaBought 2,600 shares on 3/25/2024Total: C$143,104.00 ($55.04/share)Dawn Elizabeth De LimaBought 750 shares on 3/20/2024Total: C$40,860.00 ($54.48/share)Jawad MasudBought 300 shares on 3/20/2024Total: C$16,506.00 ($55.02/share)Kevin B. EngelSold 2,514 sharesTotal: C$136,593.16 ($54.33/share)View All Insider Transactions Should I Buy TC Energy Stock? TRP Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in TC Energy Co.: TC Energy operates a vast network of natural gas pipelines spanning North America, providing a stable and diversified revenue stream. The company has a significant presence in the energy infrastructure sector, which is essential for the transportation and distribution of energy resources. With a focus on regulated natural gas storage facilities, TC Energy offers a reliable source of income with long-term stability. TC Energy's ownership of power generation facilities provides additional revenue streams and diversification within the energy sector. Considering the current stock price and the company's strong fundamentals, TC Energy may present a value investment opportunity. Cons Investors should be bearish about investing in TC Energy Co. for these reasons: Fluctuations in energy prices and regulatory changes could impact TC Energy's profitability and operational performance. The energy sector is subject to geopolitical risks and environmental concerns, which may affect TC Energy's operations and growth prospects. Investing in TC Energy involves exposure to the cyclical nature of the energy industry, leading to potential volatility in stock performance. Changes in government policies related to energy infrastructure could pose challenges for TC Energy's future projects and expansion plans. Market conditions and competition within the energy sector could impact TC Energy's market share and revenue growth in the long term. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, March 25, 2024. Please send any questions or comments about these TC Energy pros and cons to contact@marketbeat.com. TRP Stock Analysis - Frequently Asked Questions Should I buy or sell TC Energy stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRP, but not buy additional shares or sell existing shares. View TRP analyst ratings or view top-rated stocks. What is TC Energy's stock price target for 2024? 11 equities research analysts have issued 1 year price targets for TC Energy's stock. Their TRP share price targets range from C$47.00 to C$63.00. On average, they predict the company's stock price to reach C$55.35 in the next year. This suggests a possible upside of 1.7% from the stock's current price. View analysts price targets for TRP or view top-rated stocks among Wall Street analysts. How have TRP shares performed in 2024? TC Energy's stock was trading at C$51.76 at the beginning of 2024. Since then, TRP shares have increased by 5.2% and is now trading at C$54.44. View the best growth stocks for 2024 here. When is TC Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024. View our TRP earnings forecast. How were TC Energy's earnings last quarter? TC Energy Co. (TSE:TRP) posted its earnings results on Friday, February, 16th. The company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.08 by $0.27. The business earned $4.24 billion during the quarter, compared to the consensus estimate of $3.94 billion. TC Energy had a trailing twelve-month return on equity of 8.39% and a net margin of 18.34%. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy announced a quarterly dividend on Friday, February 16th. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.96 per share on Tuesday, April 30th. This represents a $3.84 annualized dividend and a dividend yield of 7.05%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of C$0.93. Read our dividend analysis for TRP. Is TC Energy a good dividend stock? TC Energy (TSE:TRP) pays an annual dividend of C$3.84 per share and currently has a dividend yield of 6.98%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 139.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for TRP. What other stocks do shareholders of TC Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other TC Energy investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Wheaton Precious Metals (WPM), Rogers Communications (RCI) and Open Text (OTEX). How do I buy shares of TC Energy? Shares of TRP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:TRP) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchMost important medical advance in 100 yearsThe Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TC Energy Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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