What is Zacks Research’s Forecast for TC Energy Q3 Earnings?

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Investment analysts at Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for shares of TC Energy in a report issued on Wednesday, October 29th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.41 for the quarter, down from their previous forecast of $0.44. 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 $0.79 EPS, Q3 2026 earnings at $0.52 EPS and Q3 2027 earnings at $0.55 EPS.

TRP has been the topic of several other research reports. Barclays increased their price objective on TC Energy from C$75.00 to C$80.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. US Capital Advisors cut TC Energy from a “moderate buy” rating to a “hold” rating in a research report on Thursday, August 21st. Scotiabank raised their price target on TC Energy from C$77.00 to C$80.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. TD Securities raised their price target on TC Energy from C$76.00 to C$81.00 in a research report on Friday, October 17th. Finally, Citigroup set a C$75.00 price target on TC Energy and gave the stock a “neutral” rating in a research report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, TC Energy currently has an average rating of “Moderate Buy” and an average target price of C$75.75.

TC Energy Stock Up 0.5%

TRP stock opened at C$70.62 on Thursday. 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 stock has a market capitalization of C$73.42 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 1.69 and a beta of 0.84. The business’s fifty day moving average price is C$72.66 and its two-hundred day moving average price is C$69.40. TC Energy has a fifty-two week low of C$62.17 and a fifty-two week high of C$77.26.

Insider Transactions at TC Energy

In other news, Director Siim A. Vanaselja sold 40,000 shares of TC Energy stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of C$70.07, for a total transaction of C$2,802,640.00. Following the sale, the director directly owned 12,000 shares of the company’s stock, valued at approximately C$840,792. This trade represents a 76.92% decrease in their ownership of the stock. Also, Director Francois Lionel Poirier sold 53,946 shares of TC Energy stock in a transaction dated Friday, August 15th. The shares were sold at an average price of C$70.49, for a total value of C$3,802,669.72. Following the sale, the director directly owned 113,550 shares in the company, valued at C$8,004,173.57. The trade was a 32.21% decrease in their ownership of the stock. Company insiders own 0.03% of the company’s stock.

TC Energy Company Profile

TC Energy Corp operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Its pipeline network consists of over 92,600 kilometers (57,500 miles) of natural gas pipeline, along with 4,900 kilometers (3,000) miles) from the Keystone Pipeline system.