FY2025 EPS Estimates for TC Energy Cut by Zacks Research

TC Energy Corporation (NYSE:TRP) (TSE:TRP) – Stock analysts at Zacks Research decreased their FY2025 earnings per share estimates for TC Energy in a note issued to investors on Wednesday, October 29th. Zacks Research analyst Team now expects that the pipeline company will earn $2.45 per share for the year, down from their previous estimate of $2.48. The consensus estimate for TC Energy’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for TC Energy’s Q4 2025 earnings at $0.64 EPS, Q4 2026 earnings at $0.71 EPS, FY2026 earnings at $2.60 EPS, Q1 2027 earnings at $0.72 EPS and FY2027 earnings at $2.64 EPS.

Several other analysts have also weighed in on TRP. US Capital Advisors lowered TC Energy from a “moderate buy” rating to a “hold” rating in a report on Thursday, August 21st. TD Securities reissued a “buy” rating on shares of TC Energy in a report on Friday, October 17th. Scotiabank reissued an “outperform” rating on shares of TC Energy in a report on Monday, October 20th. Wall Street Zen downgraded TC Energy from a “hold” rating to a “sell” rating in a research report on Friday, October 3rd. Finally, Cibc World Mkts downgraded TC Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $72.00.

TC Energy Stock Down 0.7%

TC Energy stock opened at $50.19 on Friday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.54 and a current ratio of 0.61. The firm has a market capitalization of $52.22 billion, a price-to-earnings ratio of 17.13, a price-to-earnings-growth ratio of 4.82 and a beta of 0.75. TC Energy has a fifty-two week low of $43.51 and a fifty-two week high of $55.37. The stock’s fifty day moving average is $52.25 and its two-hundred day moving average is $50.24.

TC Energy (NYSE:TRP) (TSE:TRP) last posted its earnings results on Thursday, July 31st. The pipeline company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.03. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $2.56 billion. TC Energy had a return on equity of 11.22% and a net margin of 28.98%.During the same quarter in the prior year, the company earned $0.79 earnings per share.

Hedge Funds Weigh In On TC Energy

Several large investors have recently added to or reduced their stakes in TRP. Allspring Global Investments Holdings LLC lifted its position in TC Energy by 5.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 231,297 shares of the pipeline company’s stock worth $11,056,000 after buying an additional 11,322 shares during the period. FSM Wealth Advisors LLC lifted its position in TC Energy by 9.2% during the first quarter. FSM Wealth Advisors LLC now owns 5,152 shares of the pipeline company’s stock worth $243,000 after buying an additional 432 shares during the period. First Horizon Advisors Inc. lifted its position in TC Energy by 46.3% during the first quarter. First Horizon Advisors Inc. now owns 5,032 shares of the pipeline company’s stock worth $238,000 after buying an additional 1,592 shares during the period. D.A. Davidson & CO. lifted its position in TC Energy by 37.7% during the first quarter. D.A. Davidson & CO. now owns 8,785 shares of the pipeline company’s stock worth $415,000 after buying an additional 2,406 shares during the period. Finally, Checchi Capital Advisers LLC lifted its position in TC Energy by 19.2% during the first quarter. Checchi Capital Advisers LLC now owns 6,123 shares of the pipeline company’s stock worth $289,000 after buying an additional 986 shares during the period. 83.13% of the stock is currently owned by hedge funds and other institutional investors.

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.