NYSE:TRP TC Energy (TRP) Stock Price, News & Analysis → Missed NVDA? Buy this AI stock NOW (From Chaikin Analytics) (Ad) Free TRP Stock Alerts $38.63 +0.43 (+1.13%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$38.41▼$38.7250-Day Range$35.10▼$40.8452-Week Range$32.51▼$41.85Volume2.65 million shsAverage Volume4.06 million shsMarket Capitalization$38.63 billionP/E Ratio19.91Dividend Yield7.20%Price Target$48.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get TC Energy alerts: Email Address TC Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside26.4% Upside$48.83 Price TargetShort InterestHealthy1.54% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-7.41Upright™ Environmental ScoreNews Sentiment0.44Based on 17 Articles This WeekInsider TradingN/AProj. Earnings Growth1.01%From $2.98 to $3.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.06 out of 5 starsOils/Energy Sector61st out of 245 stocksNatural Gas Transmission Industry4th out of 19 stocks 3.2 Analyst's Opinion Consensus RatingTC Energy has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageTC Energy has only been the subject of 1 research reports in the past 90 days.Read more about TC Energy's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.54% of the float of TC Energy has been sold short.Short Interest Ratio / Days to CoverTC Energy has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in TC Energy has recently decreased by 69.52%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipTC Energy is a leading dividend payer. It pays a dividend yield of 7.40%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTC Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of TC Energy is 143.30%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, TC Energy will have a dividend payout ratio of 92.36% in the coming year. This indicates that TC Energy may not be able to sustain their current dividend.Read more about TC Energy's dividend. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTC Energy has received a -61.23% net impact score from Upright. The largest negative impact of TC Energy in category "GHG emissions" seems to be driven mostly by its "Natural gas pipes", "LNG terminals", "Natural gas distribution services", and "Oil distribution services" products. See details.Environmental SustainabilityThe Environmental Impact score for TC Energy is -7.41. Previous Next 2.5 News and Social Media Coverage News SentimentTC Energy has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 17 news articles for TC Energy this week, compared to 7 articles on an average week.Search InterestOnly 35 people have searched for TRP on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.MarketBeat Follows17 people have added TC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 113% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TC Energy insiders have not sold or bought any company stock.Percentage Held by Institutions83.13% of the stock of TC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about TC Energy's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for TC Energy are expected to grow by 1.01% in the coming year, from $2.98 to $3.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TC Energy is 19.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.51.Price to Earnings Ratio vs. SectorThe P/E ratio of TC Energy is 19.91, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.57.Price to Earnings Growth RatioTC Energy has a PEG Ratio of 3.21. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTC Energy has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about TC Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation now. About TC Energy Stock (NYSE:TRP)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. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.Read More TRP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRP Stock News HeadlinesMay 10, 2024 | finance.yahoo.comTop Stock Reports for Amazon.com, Visa & PfizerMay 9, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for TC Energy Co. Increased by Analyst (NYSE:TRP)May 12, 2024 | Weiss Ratings (Ad)The ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …May 9, 2024 | americanbankingnews.comAtb Cap Markets Weighs in on TC Energy Co.'s Q4 2024 Earnings (NYSE:TRP)May 8, 2024 | theglobeandmail.comTC Energy’s planned oil pipeline spinoff faces obstacles in bet on U.S. GulfMay 8, 2024 | reuters.comTC Energy's oil pipeline spin-off faces obstacles in bet on US GulfMay 7, 2024 | markets.businessinsider.comGoldman Sachs Keeps Their Sell Rating on TC Energy (TRP)May 4, 2024 | americanbankingnews.comTC Energy Co. (NYSE:TRP) Receives Average Rating of "Hold" from BrokeragesMay 12, 2024 | Weiss Ratings (Ad)The ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …May 3, 2024 | bloomberg.comData Centers Will Drive Demand for Natural Gas, TC Energy SaysMay 3, 2024 | financialpost.comTC Energy reports $1.2 billion profit, down from a year agoMay 3, 2024 | msn.comTC Energy scores Q1 beat as natural gas pipeline deliveries set recordsMay 3, 2024 | finanznachrichten.deTC Energy Corporation: TC Energy reports strong first quarter 2024 operating and financial resultsMay 3, 2024 | investorplace.comTRP Stock Earnings: TC Energy Beats EPS, Beats Revenue for Q1 2024May 3, 2024 | seekingalpha.comTC Energy Corporation 2024 Q1 - Results - Earnings Call PresentationMay 3, 2024 | msn.comPipeline operator TC Energy reports $1.20B Q1 profit, down from $1.31B a year agoMay 3, 2024 | msn.comTC Energy declares CAD 0.96 dividendMay 3, 2024 | globenewswire.comTC Energy declares quarterly dividendsMay 3, 2024 | globenewswire.comTC Energy reports strong first quarter 2024 operating and financial resultsMay 3, 2024 | americanbankingnews.comAnalysts Offer Predictions for TC Energy Co.'s Q2 2024 Earnings (NYSE:TRP)May 2, 2024 | americanbankingnews.comTC Energy Target of Unusually High Options Trading (NYSE:TRP)May 2, 2024 | americanbankingnews.comTC Energy Co. to Post Q1 2024 Earnings of $0.79 Per Share, US Capital Advisors Forecasts (NYSE:TRP)April 27, 2024 | markets.businessinsider.comTC Energy (TRP) Receives a Buy from RBC CapitalApril 26, 2024 | theglobeandmail.comRBC analyst sees ‘multiple tailwinds’ in dividend-heavy energy infrastructure sectorApril 23, 2024 | finance.yahoo.comTC Energy Providing Results of Series 7 Shares Conversion ElectionsApril 23, 2024 | globenewswire.comTC Energy provides results of Series 7 Shares conversion electionsApril 23, 2024 | msn.comCanada's TC Energy says NGTL pipeline system resumes normal operations after fireSee More Headlines Receive TRP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TC Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/16/2024Ex-Dividend for 4/30 Dividend3/27/2024Dividend Payable4/30/2024Today5/11/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNYSE:TRP CUSIPN/A CIK1232384 Webwww.transcanada.com Phone(403) 920-2000Fax1403-920-2200Employees7,415Year Founded1951Price Target and Rating Average Stock Price Target$48.83 High Stock Price Target$55.00 Low Stock Price Target$32.00 Potential Upside/Downside+26.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.94 Trailing P/E Ratio19.91 Forward P/E Ratio12.96 P/E Growth3.21Net Income$2.16 billion Net Margins17.23% Pretax Margin24.70% Return on Equity17.94% Return on Assets3.88% Debt Debt-to-Equity Ratio1.64 Current Ratio0.94 Quick Ratio0.88 Sales & Book Value Annual Sales$16.25 billion Price / Sales2.38 Cash Flow$5.64 per share Price / Cash Flow6.85 Book Value$27.56 per share Price / Book1.40Miscellaneous Outstanding Shares1,000,000,000Free FloatN/AMarket Cap$38.63 billion OptionableOptionable Beta0.75 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Francois Lionel Poirier (Age 58)CEO, President & Director Comp: $2.44MMr. Joel E. Hunter (Age 57)Executive VP & CFO Comp: $945.93kMs. Annesley C. WallaceExecutive VP of Strategy, Corporate Development and President of Power & Energy SolutionsMr. Stanley Graham Chapman III (Age 58)Executive VP & COO of Natural Gas Pipelines Comp: $1.81MMr. Bevin Mark Wirzba M.B.A.P.Eng., Executive VP & President of Liquids PipelinesGavin WylieVice-President of Investor RelationsMr. Patrick M. KeysExecutive VP, General Counsel and Chief Compliance & Sustainability OfficerMr. Richard J. PriorPresident of Liquids Pipelines.Ms. Dawn E. de LimaExecutive Vice-President of Corporate ServicesMr. Patrick C. MuttartSenior Vice President of External RelationsMore ExecutivesKey CompetitorsKinder MorganNYSE:KMIWilliams CompaniesNYSE:WMBTarga ResourcesNYSE:TRGPEnergy TransferNYSE:ETWestern Midstream PartnersNYSE:WESView All CompetitorsInstitutional OwnershipPartners Group Holding AGSold 22,350 shares on 5/11/2024Ownership: 0.049%Hillsdale Investment Management Inc.Sold 18,409 shares on 5/11/2024Ownership: 0.002%Vanguard Group Inc.Bought 653,031 shares on 5/10/2024Ownership: 4.106%Intech Investment Management LLCBought 28,809 shares on 5/10/2024Ownership: 0.003%Windsor Advisory Group LLCBought 316 shares on 5/10/2024Ownership: 0.001%View All Institutional Transactions TRP Stock Analysis - Frequently Asked Questions Should I buy or sell TC Energy stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRP, but not buy additional shares or sell existing shares. View TRP analyst ratings or view top-rated stocks. What is TC Energy's stock price target for 2024? 12 equities research analysts have issued 1 year target prices for TC Energy's shares. Their TRP share price targets range from $32.00 to $55.00. On average, they expect the company's stock price to reach $48.83 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price. View analysts price targets for TRP or view top-rated stocks among Wall Street analysts. How have TRP shares performed in 2024? TC Energy's stock was trading at $39.09 at the beginning of the year. Since then, TRP stock has decreased by 1.2% and is now trading at $38.63. View the best growth stocks for 2024 here. Are investors shorting TC Energy? TC Energy saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 16,050,000 shares, a drop of 69.5% from the April 15th total of 52,660,000 shares. Based on an average trading volume of 3,400,000 shares, the days-to-cover ratio is currently 4.7 days. Approximately 1.5% of the company's shares are sold short. View TC Energy's Short Interest. When is TC Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our TRP earnings forecast. How were TC Energy's earnings last quarter? TC Energy Co. (NYSE:TRP) posted its quarterly earnings results on Friday, February, 16th. The pipeline company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.79 by $0.20. The pipeline company earned $3.11 billion during the quarter, compared to the consensus estimate of $2.93 billion. TC Energy had a net margin of 17.23% and a trailing twelve-month return on equity of 17.94%. How often does TC Energy pay dividends? What is the dividend yield for TC Energy? TC Energy announced a quarterly dividend on Friday, May 3rd. Investors of record on Friday, June 28th will be paid a dividend of $0.71 per share on Wednesday, July 31st. This represents a $2.84 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date of this dividend is Friday, June 28th. Read our dividend analysis for TRP. Is TC Energy a good dividend stock? TC Energy (NYSE:TRP) pays an annual dividend of $2.78 per share and currently has a dividend yield of 7.40%. TRP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 143.30%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TRP will have a dividend payout ratio of 92.36% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for TRP. What ETFs hold TC Energy's stock? ETFs with the largest weight of TC Energy (NYSE:TRP) stock in their portfolio include Global X MLP & Energy Infrastructure ETF (MLPX), Tortoise North American Pipeline Fund (TPYP), Pacer American Energy Independence ETF (USAI), Goldman Sachs ETF Trust Goldman (GPOW), VanEck Energy Income ETF (EINC), Alerian Energy Infrastructure ETF (ENFR), Invesco International Dividend Achievers ETF (PID) and Amplify Natural Resources Dividend Income ETF (NDIV). What is Russell K. (Russ) Girling's approval rating as TC Energy's CEO? 221 employees have rated TC Energy Chief Executive Officer Russell K. (Russ) Girling on Glassdoor.com. Russell K. (Russ) Girling has an approval rating of 97% among the company's employees. This puts Russell K. (Russ) Girling in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of TC Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other TC Energy investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), Enbridge (ENB), Johnson & Johnson (JNJ), International Business Machines (IBM), QUALCOMM (QCOM) and AbbVie (ABBV). Who are TC Energy's major shareholders? TC Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.11%), TD Asset Management Inc (1.68%), Mondrian Investment Partners LTD (0.91%), Swiss National Bank (0.31%), M&G Plc (0.28%) and Cardinal Capital Management Inc. (0.25%). How do I buy shares of TC Energy? Shares of TRP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:TRP) was last updated on 5/12/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss RatingsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaGold Set to EXPLODE!Gold Safe ExchangeCollapse of the Petrodollar Colonial Metals[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICMissed NVDA? Buy this AI stock NOWChaikin AnalyticsYou need to know these two things about AI stocks ASAP…InvestorPlaceShocking: One AI startup's revenue could surge 4,735%Manward Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TC Energy Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
