Q4 Earnings Forecast for TC Energy Issued By Zacks Research

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Equities research analysts at Zacks Research lifted their Q4 2025 EPS estimates for shares of TC Energy in a research note issued on Wednesday, May 21st. Zacks Research analyst T. Saha now anticipates that the company will earn $1.18 per share for the quarter, up from their previous forecast of $1.16. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy’s Q2 2026 earnings at $0.98 EPS, Q3 2026 earnings at $0.56 EPS and FY2026 earnings at $3.75 EPS.

Other analysts have also recently issued research reports about the stock. Royal Bank of Canada raised their target price on shares of TC Energy from C$71.00 to C$74.00 in a report on Tuesday, February 18th. Scotiabank raised their price objective on shares of TC Energy from C$75.00 to C$77.00 and gave the company an “outperform” rating in a report on Friday, May 2nd. TD Securities boosted their target price on shares of TC Energy from C$74.00 to C$76.00 and gave the stock a “buy” rating in a research note on Friday, May 2nd. Veritas raised TC Energy from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, February 18th. Finally, Cibc World Mkts raised TC Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, May 2nd. Six analysts have rated the stock with a hold rating, seven have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, TC Energy presently has a consensus rating of “Moderate Buy” and an average target price of C$74.17.

TC Energy Price Performance

TRP stock opened at C$69.23 on Friday. The business’s 50-day moving average is C$68.26 and its two-hundred day moving average is C$67.41. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40. The firm has a market capitalization of C$71.39 billion, a P/E ratio of 13.77, a P/E/G ratio of 1.69 and a beta of 0.82. TC Energy has a 1 year low of C$46.07 and a 1 year high of C$70.97.

TC Energy Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be given a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 4.91%. TC Energy’s dividend payout ratio is presently 76.37%.

Insider Activity at TC Energy

In related news, Senior Officer Patrick C. Muttart sold 18,629 shares of TC Energy stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$70.10, for a total transaction of C$1,305,885.45. Also, Director Joshua Gibbon bought 600 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was purchased at an average cost of C$69.15 per share, with a total value of C$41,492.88. In the last three months, insiders have acquired 20,962 shares of company stock valued at $1,396,578 and have sold 173,464 shares valued at $11,721,854. 0.03% of the stock is owned by corporate insiders.

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.