What is Zacks Research’s Estimate for TC Energy Q2 Earnings?

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Zacks Research dropped their Q2 2025 EPS estimates for TC Energy in a report released on Wednesday, May 21st. Zacks Research analyst T. Saha now forecasts that the pipeline company will post earnings of $0.52 per share for the quarter, down from their previous forecast of $0.53. 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 Q3 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $2.44 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.76 EPS and FY2027 earnings at $2.74 EPS.

TRP has been the subject of several other reports. CIBC raised shares of TC Energy from a “neutral” rating to a “sector outperform” rating in a research report on Friday, May 2nd. Citigroup started coverage on shares of TC Energy in a research report on Friday, April 4th. They issued a “neutral” rating for the company. Wall Street Zen downgraded shares of TC Energy from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th. Cibc World Mkts raised shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 2nd. Finally, Royal Bank of Canada upped their price objective on shares of TC Energy from $71.00 to $74.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

TC Energy Trading Up 1.9%

NYSE:TRP opened at $50.46 on Monday. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.55 and a quick ratio of 1.23. The firm has a 50-day moving average of $48.74 and a 200-day moving average of $47.57. The company has a market cap of $52.46 billion, a PE ratio of 15.57, a PEG ratio of 4.34 and a beta of 0.78. TC Energy has a one year low of $37.07 and a one year high of $51.34.

TC Energy (NYSE:TRP) (TSE:TRP) last posted its earnings results on Thursday, May 1st. The pipeline company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.04). The business had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $2.57 billion. TC Energy had a return on equity of 12.12% and a net margin of 29.40%. During the same period in the previous year, the firm earned $1.02 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRP. Barclays PLC boosted its stake in TC Energy by 19.9% in the third quarter. Barclays PLC now owns 528,528 shares of the pipeline company’s stock valued at $25,132,000 after acquiring an additional 87,885 shares during the last quarter. UMB Bank n.a. purchased a new position in TC Energy in the fourth quarter valued at about $47,000. SG Americas Securities LLC purchased a new position in TC Energy in the fourth quarter valued at about $184,000. Kingswood Wealth Advisors LLC purchased a new position in TC Energy in the fourth quarter valued at about $389,000. Finally, Blue Trust Inc. boosted its stake in TC Energy by 111.1% in the fourth quarter. Blue Trust Inc. now owns 1,347 shares of the pipeline company’s stock valued at $64,000 after acquiring an additional 709 shares during the last quarter. 83.13% of the stock is currently owned by hedge funds and other institutional investors.

TC Energy Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 30th will be paid a $0.6142 dividend. This represents a $2.46 dividend on an annualized basis and a yield of 4.87%. The ex-dividend date is Monday, June 30th. TC Energy’s payout ratio is 77.89%.

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.