TSE:TRP TC Energy (TRP) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free TRP Stock Alerts C$49.30 -0.03 (-0.06%) (As of 04/26/2024 ET) Add Compare Share Share Today's RangeC$49.13▼C$49.5750-Day RangeC$48.31▼C$55.0452-Week RangeC$43.70▼C$56.98Volume3.78 million shsAverage Volume6.76 million shsMarket CapitalizationC$51.27 billionP/E Ratio17.93Dividend Yield7.79%Price TargetC$54.44 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get TC Energy alerts: Email Address TC Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.36 Rating ScoreUpside/Downside10.4% UpsideC$54.44 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.21Based on 21 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.3.78 out of 5 stars 3.2 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.Amount of Analyst CoverageTC Energy has been the subject of 6 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 7.72%, 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 1.8 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.21. 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 lower news sentiment than the 0.37 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 21 news articles for TC Energy this week, compared to 3 articles on an average week.Search InterestOnly 39 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 Institutions79.08% 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 17.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.34.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 17.93, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.48.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 1.89. 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 True Market InsidersThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…Click For My #1 FREE Crypto for 2024 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 HeadlinesApril 27, 2024 | americanbankingnews.comFY2024 EPS Estimates for TC Energy Co. Reduced by Zacks Research (TSE:TRP)April 26, 2024 | msn.comBest Dividend Stock to Buy for Passive-Income Investors: BCE vs. TC EnergyApril 28, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… April 26, 2024 | americanbankingnews.comTC Energy (TRP) Set to Announce Quarterly Earnings on FridayApril 26, 2024 | americanbankingnews.comTC Energy Co. to Post Q2 2024 Earnings of $1.59 Per Share, Zacks Research Forecasts (TSE:TRP)April 26, 2024 | americanbankingnews.comTC Energy Co. (TSE:TRP) Expected to Earn Q1 2024 Earnings of $1.13 Per ShareApril 26, 2024 | americanbankingnews.comQ1 2024 Earnings Estimate for TC Energy Co. (TSE:TRP) Issued By Atb Cap MarketsApril 23, 2024 | msn.comTC Energy Stock: An Undervalued 7.8% Dividend StockApril 28, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… April 19, 2024 | msn.comTC Energy reduces pressure on pipeline segment as rupture investigation continuesApril 18, 2024 | markets.businessinsider.comBarclays Reaffirms Their Hold Rating on TC Energy (TRP)April 18, 2024 | americanbankingnews.comTC Energy (TSE:TRP) Given New C$51.00 Price Target at Jefferies Financial GroupApril 16, 2024 | msn.comCanada to give Indigenous groups loan guarantees for resource projectsApril 16, 2024 | msn.comTC Energy responding to pipeline incident near Edson, Alta.April 15, 2024 | markets.businessinsider.comTC Energy (TRP) Receives a Sell from Goldman SachsApril 15, 2024 | msn.comBargain Hunters: TRP Stock is the Best Dividend Deal Around!April 15, 2024 | seekingalpha.comTC Energy Floating Preferred Shares: Double-Digit Yield With Relatively Low RiskApril 9, 2024 | msn.comRRSP Wealth: 2 Top TSX Dividend Stocks to Buy for 2024April 4, 2024 | seekingalpha.comEnbridge Preferred Shares: Prime Investment OpportunityApril 4, 2024 | msn.comMay startup of Trans Mountain oil pipeline expansion surprises analystsApril 3, 2024 | msn.com2 Top TSX Dividend Stocks to Buy Now and Hold for DecadesApril 3, 2024 | finance.yahoo.comTC Energy appoints Sean O’Donnell as Executive Vice-President and Chief Financial OfficerApril 1, 2024 | finance.yahoo.comInvestors in TC Energy (TSE:TRP) have seen returns of 19% over the past five yearsMarch 30, 2024 | fool.caWhy Claiming CPP at 65 Could Be a MistakeMarch 27, 2024 | barrons.comTC Energy Corp.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 LNGSee 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 Dividend3/27/2024Today4/28/2024Dividend Payable4/30/2024Next Earnings (Confirmed)5/03/2024Get 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$54.44 High Stock Price TargetC$61.00 Low Stock Price TargetC$47.00 Potential Upside/Downside+10.4%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.75 Trailing P/E Ratio17.93 Forward P/E Ratio11.80 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 / Sales3.22 Cash FlowC$2.43 per share Price / Cash Flow20.28 Book ValueC$26.08 per share Price / Book1.89Miscellaneous Outstanding Shares1,040,000,000Free FloatN/AMarket CapC$51.27 billion OptionableNot Optionable Beta0.73 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 58)CEO, President & Director Comp: $3.34MMr. Joel E. Hunter (Age 57)Executive VP & CFO Comp: $1.29MMs. Annesley C. WallaceExecutive VP of Strategy, Corporate Development and President of Power & Energy SolutionsMr. Stanley Graham Chapman III (Age 58)Executive VP & COO of Natural Gas Pipelines Comp: $2.48MMr. Bevin Mark Wirzba M.B.A.P.Eng., Executive VP & President of Liquids PipelinesGavin WylieVice-President of Investor RelationsMr. Patrick M. KeysExecutive VP, General Counsel and Chief Compliance & Sustainability OfficerMr. 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:ENBImperial OilTSE:IMOCenovus EnergyTSE:CVESuncor EnergyTSE:SUView 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 Co. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance. The company's diversified portfolio across different segments such as natural gas pipelines, liquids pipelines, and power generation provides stability and reduces risk. Recent developments in the energy sector have increased demand for natural gas, which could positively impact TC Energy Co.'s business. TC Energy Co.'s stock price has been relatively stable and has shown resilience during market fluctuations, offering a potential safe haven for investors. The company's strategic investments in expanding its infrastructure network position it well for future growth opportunities in the energy market. Cons Investors should be bearish about investing in TC Energy Co. for these reasons: Volatility in commodity prices, especially in the oil and gas sector, could impact TC Energy Co.'s profitability and financial performance. Regulatory changes or environmental concerns related to energy infrastructure projects could pose risks to the company's operations and future projects. Dependence on the North American energy market exposes TC Energy Co. to geopolitical and economic uncertainties that could affect its business operations. Fluctuations in interest rates or changes in government policies regarding energy could impact the company's cost of capital and overall financial health. Competitive pressures in the energy sector could potentially affect TC Energy Co.'s market share and pricing power, impacting its revenue 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 Saturday, April 6, 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 equities 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 equities 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 brokers have issued twelve-month price objectives for TC Energy's shares. Their TRP share price targets range from C$47.00 to C$61.00. On average, they expect the company's stock price to reach C$54.44 in the next twelve months. This suggests a possible upside of 10.4% 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 C$51.76 at the start of the year. Since then, TRP stock has decreased by 4.8% and is now trading at C$49.30. 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, May 3rd 2024. View our TRP earnings forecast. How were TC Energy's earnings last quarter? TC Energy Co. (TSE:TRP) released its quarterly earnings results on Friday, February, 16th. The company reported $1.35 earnings per share for the quarter, topping analysts' consensus estimates of $1.08 by $0.27. The firm had revenue of $4.24 billion for 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. Stockholders 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 yield of 7.79%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change 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 7.72%. 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. 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