NYSE:TRP TC Energy (TRP) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free TRP Stock Alerts $35.28 +0.18 (+0.51%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$34.96▼$35.5150-Day Range$35.10▼$40.8452-Week Range$32.51▼$42.49Volume4.44 million shsAverage Volume4.61 million shsMarket Capitalization$35.28 billionP/E Ratio17.38Dividend Yield8.02%Price Target$48.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get TC Energy alerts: Email Address TC Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside38.4% Upside$48.83 Price TargetShort InterestBearish10.75% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-7.41Upright™ Environmental ScoreNews Sentiment0.78Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth2.68%From $2.98 to $3.06 Per ShareSee 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.3.51 out of 5 starsOils/Energy Sector85th out of 234 stocksNatural Gas Transmission Industry5th out of 19 stocks 3.2 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageTC Energy has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.75% of the float of TC Energy has been sold short.Short Interest Ratio / Days to CoverTC Energy has a short interest ratio ("days to cover") of 40.4, which indicates bearish sentiment.Change versus previous monthShort interest in TC Energy has recently increased by 144.93%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipTC Energy is a leading dividend payer. It pays a dividend yield of 8.07%, 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 139.41%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, TC Energy will have a dividend payout ratio of 92.48% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTC Energy has received a -61.23% net impact score from Upright. The largest negative impact of TC Energy in category "GHG emissions" seems to be driven mostly by its "Natural gas pipes", "LNG terminals", "Natural gas distribution services", and "Oil distribution services" products. See details.Environmental SustainabilityThe Environmental Impact score for TC Energy is -7.41. Previous Next 3.2 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.78. 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 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 16 news articles for TC Energy this week, compared to 7 articles on an average week.Search Interest44 people have searched for TRP on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have not sold or bought any company stock.Percentage Held by Institutions83.13% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for TC Energy are expected to grow by 2.68% in the coming year, from $2.98 to $3.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 17.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.07.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 17.38, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.44.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 2.94. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTC Energy has a P/B Ratio of 1.30. 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 Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About TC Energy Stock (NYSE: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 HeadlinesApril 18, 2024 | americanbankingnews.comTC Energy Sees Unusually Large Options Volume (NYSE:TRP)April 18, 2024 | msn.comWildfire sparked by rupture on TC Energy’s NGTL gas pipeline under control; investigation continuesApril 19, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.April 18, 2024 | msn.comWhy TC Energy Stock Is Down 9% in a MonthApril 18, 2024 | msn.comTC Energy (TSE:TRP) Pipeline Rupture Prompts Wildfire, Shares SlipApril 17, 2024 | reuters.comTC Energy does not expect service interruptions following pipeline ruptureApril 17, 2024 | theglobeandmail.comRupture on TC Energy’s NGTL gas pipeline sparks wildfire in AlbertaApril 17, 2024 | msn.comTC Energy's (TRP) Natural Gas Pipeline Catches Fire in AlbertaApril 19, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.April 16, 2024 | msn.comTC Energy gas pipeline explosion causes wildfire in AlbertaApril 16, 2024 | msn.com3 Cheap Canadian Stocks That Offer Over 7% Dividend YieldsApril 16, 2024 | globenewswire.comTC Energy to issue first quarter 2024 results on May 3 and hold annual and special meeting of common shareholders on June 4April 12, 2024 | msn.comThe Dividend Dream: 7% Returns to Fuel Your Income GoalsApril 10, 2024 | msn.comBetter Buy in April: Well Health Stock Vs. TC Energy StockApril 9, 2024 | msn.comHow Retirees Can Earn $5,225 Per Year in Passive Income and Avoid the OAS ClawbackApril 9, 2024 | seekingalpha.comVery Good News For Energy StocksApril 9, 2024 | americanbankingnews.comTC Energy Co. (NYSE:TRP) Receives Consensus Rating of "Hold" from AnalystsApril 4, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on TC Energy (TRP)April 4, 2024 | investorplace.com3 Energy Stocks to Sell in April Before They Crash & BurnApril 3, 2024 | globenewswire.comTC Energy appoints Sean O'Donnell as Executive Vice-President and Chief Financial OfficerApril 2, 2024 | ca.finance.yahoo.comQuebec electric snowmobile maker Taiga suspends production, lays off 70 workersApril 1, 2024 | finance.yahoo.comTC Energy provides conversion right and dividend rate notice for Series 7 and 8 preferred sharesApril 1, 2024 | globenewswire.comTC Energy provides conversion right and dividend rate notice for Series 7 and 8 preferred sharesMarch 15, 2024 | msn.comTC Energy (TRP) Agrees to Sell Prince Rupert Pipeline ProjectMarch 14, 2024 | globenewswire.comTC Energy enters agreement to sell Prince Rupert Gas Transmission entities to Nisga'a Nation and Western LNGMarch 11, 2024 | msn.com3 Energy Stocks to Buy Hand Over Fist in MarchMarch 8, 2024 | reuters.comTC Energy briefly shut Keystone oil pipeline on unfounded leak concern, US regulator saysSee 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 Dividend3/27/2024Today4/19/2024Dividend Payable4/30/2024Next Earnings (Confirmed)5/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNYSE:TRP CUSIPN/A CIK1232384 Webwww.transcanada.com Phone(403) 920-2000Fax1403-920-2200Employees7,415Year Founded1951Price Target and Rating Average Stock Price Target$48.83 High Stock Price Target$55.00 Low Stock Price Target$32.00 Potential Upside/Downside+38.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.03 Trailing P/E Ratio17.38 Forward P/E Ratio11.84 P/E Growth2.94Net Income$2.16 billion Net Margins18.25% Pretax Margin25.17% Return on Equity18.60% Return on Assets3.91% Debt Debt-to-Equity Ratio1.65 Current Ratio0.96 Quick Ratio0.88 Sales & Book Value Annual Sales$11.80 billion Price / Sales2.99 Cash Flow$5.60 per share Price / Cash Flow6.30 Book Value$27.05 per share Price / Book1.30Miscellaneous Outstanding Shares1,000,000,000Free FloatN/AMarket Cap$35.28 billion OptionableOptionable Beta0.75 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 58)CEO, President & Director Comp: $1.98MMr. Joel E. Hunter (Age 57)Executive VP & CFO Comp: $802.88kMr. Stanley Graham Chapman III (Age 58)Executive VP & COO of Natural Gas Pipelines Comp: $1.62MMr. 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 CompetitorsKinder MorganNYSE:KMITarga ResourcesNYSE:TRGPWilliams CompaniesNYSE:WMBEnergy TransferNYSE:ETEnterprise Products PartnersNYSE:EPDView All CompetitorsInstitutional OwnershipSumitomo Mitsui Trust Holdings Inc.Bought 18,363 shares on 4/19/2024Ownership: 0.244%Allspring Global Investments Holdings LLCSold 20,215 shares on 4/18/2024Ownership: 0.029%Park Place Capital CorpSold 1,734 shares on 4/18/2024Ownership: 0.001%Dixon Mitchell Investment Counsel Inc.Bought 3,045 shares on 4/18/2024Ownership: 0.000%First Bank & TrustBought 1,198 shares on 4/17/2024Ownership: 0.006%View All Institutional 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 reported earnings per share of $0.99 for the quarter, surpassing the consensus estimate by $0.20. This indicates strong financial performance and potential for growth. The company had a net margin of 18.25% and a return on equity of 18.60%, showcasing solid profitability and efficient use of shareholder equity. TC Energy increased its quarterly dividend to $0.714 per share, representing a dividend yield of 7.07%. A higher dividend payout can be attractive to income-seeking investors. The stock's recent performance has been stable, with a twelve-month low of $32.51 and a high of $42.76. This stability may appeal to risk-averse investors. Institutional investors have shown confidence in TC Energy, with significant stake increases by various wealth management firms, indicating positive sentiment towards the company's future prospects. Cons Investors should be bearish about investing in TC Energy Co. for these reasons: TC Energy's payout ratio is currently 138.42%, which suggests that the company is paying out more in dividends than it is earning. This high ratio may raise concerns about dividend sustainability. The company's price-to-earnings ratio of 19.90 and a PEG ratio of 3.38 indicate that the stock may be relatively overvalued compared to its earnings growth potential. Investors seeking undervalued stocks may find this unattractive. TC Energy's debt-to-equity ratio of 1.65 may be considered high, indicating a significant reliance on debt financing. High debt levels can pose risks, especially in economic downturns or rising interest rate environments. The company's quick ratio of 0.88 suggests a relatively lower ability to cover immediate liabilities with its most liquid assets. This liquidity metric may raise concerns about short-term financial health. While the company has shown strong financial performance, investors should consider potential regulatory risks in the energy sector and any impact on TC Energy's operations and profitability. 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 Thursday, April 11, 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? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 5 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? 12 Wall Street analysts have issued 1-year price targets for TC Energy's stock. Their TRP share price targets range from $32.00 to $55.00. On average, they expect the company's stock price to reach $48.83 in the next twelve months. This suggests a possible upside of 38.4% 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 $39.09 at the start of the year. Since then, TRP stock has decreased by 9.7% and is now trading at $35.28. View the best growth stocks for 2024 here. Are investors shorting TC Energy? TC Energy saw a increase in short interest in March. As of March 31st, there was short interest totaling 111,810,000 shares, an increase of 144.9% from the March 15th total of 45,650,000 shares. Based on an average daily volume of 2,770,000 shares, the days-to-cover ratio is presently 40.4 days. Currently, 10.8% of the company's stock are short sold. View TC Energy's Short Interest. When is TC Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our TRP earnings forecast. How can I listen to TC Energy's earnings call? TC Energy will be holding an earnings conference call on Friday, May 3rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 604-674-8052 with passcode "0831". How were TC Energy's earnings last quarter? TC Energy Co. (NYSE:TRP) posted its earnings results on Friday, February, 16th. The pipeline company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.20. The pipeline company had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $2.93 billion. TC Energy had a net margin of 18.25% and a trailing twelve-month return on equity of 18.60%. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy declared a quarterly dividend on Friday, February 16th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.714 per share on Tuesday, April 30th. This represents a $2.86 annualized dividend and a yield of 8.10%. The ex-dividend date is Wednesday, March 27th. This is a positive change from the stock's previous quarterly dividend of $0.67. Read our dividend analysis for TRP. Is TC Energy a good dividend stock? TC Energy (NYSE:TRP) pays an annual dividend of $2.83 per share and currently has a dividend yield of 8.07%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 139.41%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TRP will have a dividend payout ratio of 92.48% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for TRP. What ETFs hold TC Energy's stock? ETFs with the largest weight of TC Energy (NYSE:TRP) stock in their portfolio include Global X MLP & Energy Infrastructure ETF (MLPX), Tortoise North American Pipeline Fund (TPYP), Pacer American Energy Independence ETF (USAI), Goldman Sachs ETF Trust Goldman (GPOW), Invesco International Dividend Achievers ETF (PID), DJ Brookfield Global Infrastructure ETF (TOLZ), USCF Midstream Energy Income Fund (UMI) and SPDR S&P Global Infrastructure ETF (GII). What is Russell K. (Russ) Girling's approval rating as TC Energy's CEO? 221 employees have rated TC Energy Chief Executive Officer Russell K. (Russ) Girling on Glassdoor.com. Russell K. (Russ) Girling has an approval rating of 97% among the company's employees. This puts Russell K. (Russ) Girling in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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 AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), Enbridge (ENB), Johnson & Johnson (JNJ), International Business Machines (IBM), QUALCOMM (QCOM) and AbbVie (ABBV). Who are TC Energy's major shareholders? TC Energy's stock is owned by a variety of retail and institutional investors. Top institutional investors include Cardinal Capital Management Inc. (0.25%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Addenda Capital Inc. (0.11%), Nexus Investment Management ULC (0.06%), Hennessy Advisors Inc. (0.06%) and Miller Howard Investments Inc. NY (0.05%). How do I buy shares of TC Energy? Shares of TRP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:TRP) was last updated on 4/19/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingBiden’s $374B Giveaway Into This SectorDTIThe “Perfect Storm” for GoldGold Safe ExchangeForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressHe Is Giving Away BitcoinCrypto Swap ProfitsThe #1 Crypto for 2024InvestorPlaceUrgent alert: open this for a huge profit potentialTimothy SykesHow Biden has already won 2024Porter & Company 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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