National Bank Financial Comments on TC Energy Q1 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – National Bank Financial issued their Q1 2025 EPS estimates for TC Energy in a report released on Wednesday, April 23rd. National Bank Financial analyst P. Kenny forecasts that the company will earn $0.98 per share for the quarter. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share.

Several other equities research analysts have also commented on the company. CIBC boosted their price objective on TC Energy from C$70.00 to C$71.00 and gave the stock a “neutral” rating in a research note on Thursday. TD Securities upped their target price on TC Energy from C$73.00 to C$74.00 and gave the company a “buy” rating in a report on Monday. Veritas raised shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. Royal Bank of Canada lifted their target price on shares of TC Energy from C$71.00 to C$74.00 in a research note on Tuesday, February 18th. Finally, Citigroup upgraded shares of TC Energy to a “hold” rating in a report on Friday, April 4th. Seven investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$73.42.

TC Energy Stock Up 1.0 %

TRP opened at C$68.58 on Thursday. The company has a debt-to-equity ratio of 237.62, a quick ratio of 0.40 and a current ratio of 1.31. TC Energy has a fifty-two week low of C$44.29 and a fifty-two week high of C$70.97. The company has a fifty day moving average of C$66.75 and a two-hundred day moving average of C$66.61. The stock has a market capitalization of C$70.72 billion, a price-to-earnings ratio of 13.64, a PEG ratio of 1.69 and a beta of 0.82.

Insider Activity

In other TC Energy news, Director Danika Yeager acquired 1,817 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The shares were purchased at an average price of C$69.23 per share, with a total value of C$125,784.97. Also, Director Francois Lionel Poirier acquired 4,800 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was acquired at an average price of C$65.05 per share, with a total value of C$312,239.52. Over the last three months, insiders acquired 13,287 shares of company stock valued at $842,568 and sold 145,977 shares valued at $9,810,511. Corporate insiders own 0.03% of the company’s stock.

About TC Energy

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.