1 week Ago By ABMN Staff
TC Energy Co. ( TSE:TRP – Get Free Report ) (NYSE:TRP) has received a consensus rating of “Moderate Buy” from the ten ratings firms that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.
The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$58.38. A number of equities analysts have recently weighed in on TRP shares.
Jefferies Financial Group boosted their price objective on shares of TC Energy from C$52.00 to C$57.00 and gave the company a “hold” rating in a research report on Monday, July 29th.
Barclays increased their price target on TC Energy from C$61.00 to C$64.00 in a research note on Monday, August 19th.
National Bankshares lifted their price objective on TC Energy from C$60.00 to C$65.00 and gave the company an “outperform” rating in a research report on Friday, August 23rd.
CIBC upped their price target on shares of TC Energy from C$56.00 to C$59.00 in a research report on Monday, July 15th.
Finally, Scotiabank decreased their price target on shares of TC Energy from C$68.00 to C$62.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd.
Check Out Our Latest Report on TC Energy Insiders Place Their Bets TC Energy Price Performance Shares of TRP opened at C$63.34 on Friday. The company has a current ratio of 0.
76, a quick ratio of 0.40 and a debt-to-equity ratio of 160.84.
TC Energy has a twelve month low of C$44.70 and a twelve month high of C$63.84.
The firm has a market capitalization of C$65.87 billion, a PE ratio of 19.14, a P/E/G ratio of 0.
26 and a beta of 0.81. The stock’s 50 day moving average is C$57.
98 and its two-hundred day moving average is C$54.48. TC Energy ( TSE:TRP – Get Free Report ) (NYSE:TRP) last announced its quarterly earnings results on Thursday, August 1st.
The company reported C$0.94 EPS for the quarter, topping the consensus estimate of C$0.89 by C$0.
05. The business had revenue of C$4.09 billion for the quarter, compared to analyst estimates of C$3.
78 billion. TC Energy had a return on equity of 10.68% and a net margin of 21.
38%. Research analysts anticipate that TC Energy will post 4.3133803 earnings per share for the current year.
TC Energy Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, September 27th will be issued a $0.96 dividend.
This represents a $3.84 annualized dividend and a dividend yield of 6.06%.
The ex-dividend date is Friday, September 27th. TC Energy’s dividend payout ratio (DPR) is presently 116.01%.
TC Energy Company Profile ( Get Free Report 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. Recommended Stories Receive News & Ratings for TC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TC Energy and related companies with MarketBeat.
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